Mainstream Minerals is pleased to announce that is has changed its name to "Radio Fuels Energy Corp.". In addition, the Company decreased the authorized capital of the Company by cancelling all of the authorized and unissued Class A retractable shares and Class B retractable shares from the authorized capital of the Company and increased the [...]
Mainstream Minerals is pleased to announce that further to its press release of Sept 14, 2021, the Company has completed a non-brokered private placement of 63,707,024 subscription receipts at a price of $0.40 per Subscription Receipt for aggregate gross proceeds of $25,482,809.79. The gross proceeds of the Offering will be held in escrow on behalf [...]
Mainstream Minerals is pleased to announce that it has entered into a share purchase agreement dated Sept 14, with Radio Fuels Resources Corp. and the shareholders of Radio Fuels, pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels. Radio Fuels is a private company formed under the laws of [...]
Mainstream Minerals announces that, pursuant to a termination and release agreement dated June 24, 2021 between the Company and Plutus Super Flow-Through Limited Partnership, it has terminated the letter of intent with Plutus as previously announced on June 19, 2020 and Sept 17, 2020, and the transaction contemplated therein will not proceed. In [...]
Mainstream Minerals announces that it entered into a non-arm's length share purchase agreement with Cejay Kim dated January 15, 2021 and an arm's length share purchase agreement with Michael Blady dated Feb 17. Pursuant to the Kim Share Purchase Agreement, the Company issued 359,477 common shares in the capital of the Company to Mr. Kim at a price [...]
Mainstream Minerals Corp. is pleased to announce that it has closed a non-brokered private placement through the issuance of 1,764,773 common shares at a price of $0.34 per Common Share for aggregate gross proceeds of $600,022.82. In connection with the Offering, the Company entered into a share purchase agreement dated Sept 17, 2020 with Palisades [...]
Mainstream Minerals announces that it has filed articles of amendment in accordance with the Canada Business Corporations Act to change the province in which the registered office of the Company is located from Manitoba to Ontario and to create Class A retractable shares and Class B retractable shares of the Company. Shareholders of the Company [...]
Mainstream Minerals announces that, further to its June 19, 2020 press release, it has entered into a binding amended and restated letter of intent with Plutus Super Flow-Through Limited Partnership, whereby the Company will acquire: 100% of the shares of, and the rights to acquire share of, "principal-business corporations" of the Income Tax Act [...]
Mainstream Minerals Corp. announces that it has agreed to settle an aggregate of $400,000 of indebtedness owed to certain arm's length and non-arm's length creditors through the issuance of an aggregate of 8,000,000 common shares of the Company at a price of $0.05 per Common Share. All Common Shares issued in connection with the Debt Settlement are [...]
Mainstream Minerals announces that it has filed articles of amendment to effect the consolidation of all of the issued and outstanding common shares of the Company on the basis of one post-Consolidation Common Share for fifty pre-Consolidation Common Shares, resulting in its previously outstanding 117,102,130 Common Shares of the Company being [...]
Mainstream Minerals is pleased to announce that it has entered into a binding letter of intent with Plutus Super Flow-Through Limited Partnership whereby the Company will acquire: 100% of the shares of, and the rights to acquire share of, "principal-business corporations" of the Income Tax Act owned by Plutus, subject to the terms and conditions of [...]
Mainstream Minerals Corp. announces the resignation of Ms. Lisa McCormack as Director, President, Chief Executive Officer and Corporate Secretary of the Company. The Company wishes to thank Ms. McCormack for her contribution to the Company and wishes her the best in her future endeavours. Ms. Jessica Whitton has been appointed as interim President [...]