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.
PRIVATEOct 28, 2026
Amount Raised
C$1.22 Million
Round Type
Grant
QuebecManufacturingEnergyMining
Investors
Government Of Canada
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
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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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QuebecManufacturingEnergyMining