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PMET Resources Inc. secures C$1.2 million in funding from the Government of Canada for its subsidiary Innova Lithium to develop the Shaakichiuwaanaan access road.

Oct 29, 2026
QuebecManufacturingEnergyMining

Description

PMET Resources Inc. announced that the Government of Canada has approved funding of C$1,215,185 for the Shaakichiuwaanaan access road project. This funding is part of the Critical Minerals Infrastructure Fund. The investment aims to improve access to the lithium project, supporting local jobs and enhancing supply chains

Company Information

Company

PMET Resources

Location

Quebec, Canada

About

PMET Resources is a critical mineral exploration and development company focused on its 100%-owned Shaakichiuwaanaan property located in the Eeyou Istchee James Bay region of Québec. The company specializes in lithium resource ownership and is involved in innovative technologies for lithium production. PMET recently announced a concept study identifying a potential pathway for producing battery-grade lithium carbonate onsite. It ranks among the top ten lithium pegmatites globally.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.