PMET Resources Secures C$1.2 Million Federal Funding for Quebec Lithium Access Road
PMET Resources won C$1,215,185 in federal support from Canada's First and Last Mile Fund for road upgrades at its Quebec lithium project.
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what happened
PMET Resources Inc. has been granted C$1,215,185 by Canada's federal First and Last Mile Fund. The money will go toward upgrading the access road serving the Shaakichiuwaanaan project in Quebec, with the grant placed at its wholly owned subsidiary Innova Lithium.
According to TradingView, which cites a press release distributed by PR Newswire, the support falls under the CMIF program, and the project sits in Quebec's James Bay area.
why it matters
For markets this is a small, company-specific item rather than a sector event. Outside funding for infrastructure eases capital cost pressure and access risk for the lithium developer. Permits, offtake or financing agreements, or a construction decision would be the bigger catalysts.
tags
instruments
sources
- PMET Resources Inc. (PMET) Secures C$1.22M Federal Funding for Mine Access Road — TradingView, 28 October 2026 at 17:08 UTC
- PMET Resources Inc. (PMET) Secures C$1.215M Federal Funding for Shaakichiuwaanaan Road — TradingView, 28 October 2026 at 17:32 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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