Tungsten

EMC Metals Corp. (TSX:EMC) announced the resignation of John W. Grubb, Director on the EMC Metals Corp. Board. Mr. Grubb will be moving on as a technical mining advisor to the Company and Board.

EMC Metals Corp. (TSX:EMC) completed the private placement of convertible debentures for total proceeds of USD $650,000 at a price of USD $0.05 per share.

EMC Metals Corp. (TSX:EMC) announced receiving results from its summer and fall field exploration program at its Tordal property, Norway. The Company reported positive assay results from the work carried out in 2012.

EMC Metals Corp. (TSX:EMC) has settled its dispute with Jervois Mining Limited in an out of court settlement that transfers 100% ownership and control of the Nyngan Scandium project to EMC in return for A$2.6M and a percentage royalty payable to Jervois on 1.7% of sales price for scandium and any other products produced from the site.

EMC Metals Corp. (TSX:EMC) agreed to issue convertible loans for total proceeds of USD$650,000 and the principal amount of the loan may be converted into up to 13,000,000 common shares at a rate of US$0.05 per share. The convertible loans have an interest rate of 10% per annum and a maturity date of 12 months from the closing date.

EMC Metals Corp. (TSX:EMC) announced that the parties in dispute over the Nyngan Scandium Project - EMC Metals and Jervois Mining Limited - are set to commence formal court hearings in the Supreme Court of Victoria, in Melbourne, Australia, beginning February 4, 2013. Pleadings and witness statements have been finalized and filed with the court, as discovery continues, and a final pre-trial session with the Judge concerning trial process orders is set for January 25.  

EMC Metals Corp. (TSX:EMC) announced that it now holds 100% interest in the Tørdal Scandium property and the Høgtuva Beryllium property. This is a result of a renegotiated agreement with REE mining of Norway.

EMC Metals Corp.(TSX:EMC) announced that legal proceedings are currently underway after receiving a notice of a lawsuit filed against the Company on June 22, 2012. The notice was issued by the Supreme Court of Victoria, Australia on behalf of Jervois Mining Limited.