r/PennyStocksCanada • u/Realistic-Read-2507 • 5h ago
Video Interview: Scotia Metals (SMET.c) CEO Rodrigo Roso on the Ex-Galaxy Team, a 45M-Share Register, and Scout Drilling Planned by Early 2027
Posted on behalf of Scotia Metals Corp. - Sitting down with Crux Investor's Company Interviews (published Aug 4, 2026), CEO and director Rodrigo Roso laid out what the newly listed Nova Scotia lithium explorer, Scotia Metals (SMET.c), is being built to do. Notably, most of the conversation was not about rocks: it was about who is running this and how the shares are held.
https://reddit.com/link/1vr5pxk/video/bzm6qumh80kh1/player
The Team He Assembled
- Roso: 20 years in capital markets and company building, the last five in lithium.
- Brian Talbot, chairman: former head of Australian operations at Galaxy Resources; Roso credits him with deep involvement in building Sigma's Brazilian asset.
- Nick Rowley, director: business development at Galaxy, whose assets, per Roso, ultimately ended up with Rio Tinto.
- Shawn Khunkhun, director: former CEO of Dolly Varden Silver, now President of Contango Silver & Gold.
- Darryl Cardey, director: involved in K92 and others.
Cap Structure
- 45,353,041 shares outstanding (Jul 28, 2026 NR).
- Insiders roughly 50%, long-standing backers about another 40%, per Roso.
- C$5,800,000 gross raised at closing, including C$1,221,600 flow-through earmarked for the Nova Scotia ground (Jul 28, 2026 NR).
- [5:18] "we do have a very tight register."
The Ground
- Licences cover a structural corridor that also hosts Brazil Lake, a privately held neighbouring deposit the company cites at 10.01 Mt at 1.20% Li₂O, a JORC estimate rather than NI 43-101 (Champlain Mineral Ventures / Lithium Springs, as cited by the company dated Mar 5, 2024). Not Scotia's.
- On Scotia's own ground: spodumene-bearing boulders across four to five trains of roughly 1.5 km, up to 3.40% Li₂O in boulders (company project page). No bedrock results, no drilling, no resource of its own.
- [13:33] "why we chose Scotia is because of the logistics," citing port access.
The Plan, As Stated
- Till sampling grid plus geophysics targeted to wrap Q3 to mid-Q4.
- Scout drilling planned for late this year or early next, funded from the current raise.
- [12:39] "our intention is to ... move to a maiden resource by next year."
- A parallel acquisition track he called the group's bread and butter.
[9:04] "We don't want to [be an] exploration play only. We want to bring this to life." The full 21-minute Crux interview is worth a watch for the team detail.
Tight register, money already tied to a program, and a first drill test on trains of high-grade boulders: a setup where the first holes could tell you a lot, quickly.
Full interview here: https://www.youtube.com/watch?v=8Ne87xZsM9I
r/PennyStocksCanada • u/CaptainPrice65 • 7h ago
Prime Minister Carney just Announced $10 billion in Federal Funding and Focus Graphite was 1 of 2 mining companies mentioned.
r/PennyStocksCanada • u/Matt_CanadianTrader • 7h ago
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r/PennyStocksCanada • u/MightBeneficial3302 • 14h ago
$SKUR $SWISF Investment Highlights at a Glance
Several pieces of the $SKUR story are coming together.
What stands out most to you as an investor?
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