Sokoman Minerals Corp.

Sokoman Minerals Corp. today announces that, due to high demand, the Company is increasing the maximum amount for the non-brokered private placement announced on December 2, 2020 to $3,000,000, subject to all regulatory approvals. The terms of the Placement remain the same with the closing expected on or around December 11, 2020. Tim Froude, Sokoman's President & CEO, commented: "Our priority has been to accommodate [...]

Sokoman Minerals announces that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through shares. The Private Placement is expected to be filed with the Exchange on or around Dec 11, 2020. Sokoman intends to issue flow-through shares at a price of $0.20 per flow-through share for gross proceeds of up to $2,000,000. The flow-through shares will entitle the holder [...]

Sokoman Minerals today announces a stock option grant to officers, directors, employees and consultants of the Company, subject to TSX Venture Exchange approval, for up to a total of 3,000,000 common shares of the Company. These stock options are exercisable for five years at an exercise price of Cdn $0.22 which represents a 30% premium to a current share price. Sokoman Minerals Corp. is a discovery-oriented company with [...]

Sokoman Minerals Corp. is pleased to announce that ongoing drilling at the Moosehead Project has returned high-grade gold in a near-surface, newly recognized splay off of the main Eastern Trend. Drill holes MH-20-115 and MH-20-116 were collared to the south of discovery hole MH-18-01, as part of the Company's 10,000-metre Phase 6 program. Rush assay results from MH-20-115 returned two intersections* as follows: upper [...]

Sokoman Minerals Corp. is pleased to announce that it has received final till sampling results, including a follow-up phase of sampling, from the Moosehead Project in North Central Newfoundland. The results for the 201 total samples have identified 13 sites of anomalous gold grain counts ranging from 20 to 111 gold grains. Tim Froude, President and CEO of Sokoman, states: "The till results represent some very high [...]

Sokoman Minerals Corp. is pleased to announce that it has awarded the Phase 6, 10,000 m drilling contract to Springdale Forest Resources of Springdale, Newfoundland. The contractor is presently mobilizing the first drill rig to the property and field preparations have begun, with the first core expected early next week. A second rig will be moved onsite once it returns from a previous commitment, which is expected in 2-3 [...]

Sokoman Minerals Corp. is pleased to announce that it has received the necessary permits to start Phase 6 diamond drilling at the Moosehead Gold Project in Central Newfoundland and is expecting the first drill on site shortly after the Labour Day weekend. Moosehead Project The 100%-owned Moosehead Gold Project is located along the Trans-Canada Highway in North Central Newfoundland, on the same trend as the advanced [...]

Sokoman Minerals Corp. announces that it has applied to the TSX Venture Exchange to extend the expiry date on 20,010,000 share purchase warrants, issued pursuant to a Private Placement Financing in August 2018, by 1 year to August 13, 2021. The Warrants' original exercise price of $0.25 per share will not change. About Sokoman Minerals Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland [...]

Sokoman Minerals is pleased to announce that prospecting at South Pond, 400 metres along strike to the south west of the Eastern Trend zone, has located a cluster of angular quartz float with high-grade grab sample assay results ranging from 0.318 g/t Au to 157.04 g/t Au, as well as enriched silver values up to 36.2 g/t Ag. Unusually low water levels allowed prospectors to locate angular quartz float from the northern end [...]

Sokoman Minerals is pleased to announce drill results from the recently completed Phase 5 diamond drill program at the Company's flagship Moosehead Gold Project located in north-central Newfoundland, with the lower high-grade shoot continuing to deliver strong results. The program extended both the upper main zone and the lower high-grade shoot to the north where the zones remain open and are now approximately 500 m in [...]