Quebec govt to invest C$2.13m in Canadian Metals’ silica mine

The Quebec provincial government has given its investment vehicle Ressources Québec approval to invest C$2.13-million in junior project developer Canadian Metals, completing the company’s C$9.2-million global financing plan to implement its Langis high-grade silica project. The government corporation will participate in a scheduled investment plan in the company’s equities over the four phases of implementation.