Goldrea Resources Corp. announces that it will be conducting a non-brokered private placement of 6,000,000 units at $0.05 each, for gross proceeds of up to $300,000. Each unit will be comprised of one common share and one common share purchase warrant with an exercise price of $0.10 for a period of one year. The gross proceeds will be used to fund its testing lab project, to maintain its mining claims in good standing and [...]
Goldrea Resources Corp. is pleased to report that its wholly-owned subsidiary, Global Lab Analytics, is near completion with its construction of a testing laboratory in Irvine. In addition, the City of Irvine has scored GLA an 84 on its critical laboratory licensing application, with 70 being needed for acceptance. GLA’s management will now interview with the City, and upon passing inspection of the facility, be [...]
Goldrea Resources Corp. is proud to announce the appointment of John Abu-Ulba to its Board of Directors. Mr. Abu-Ulba has over 18 years of executive experience managing corporate operations, with a focus on marketing, branding and product development in commercial film production, agricultural hemp manufacturing and distribution, and the emerging hemp-derived CBD marketplace. John is currently the President of NutraNet [...]
Goldrea Resources Corp. is pleased to announce that the Company has established a wholly-owned subsidiary named Global Lab Analytics, Inc., incorporated and based in California, to begin the development and establishment of a cannabis testing lab in the city of Irving. GLA plans its initial services to include the testing of cannabis products for the presence of microbials, solvents, heavy metals, concentrates, potency [...]
Goldrea Resources Corp. announces that it has entered into a property sale agreement with Durango Resources Inc. where Durango will acquire the Company’s mineral tenures in the Windfall Lake area of Quebec, a gold prospect commonly known as the “Argos Property.” Argos is located adjacent to Durango’s East Block and to a mineral property held by Osisko Mining. In compensation for this purchase [...]
Goldrea Resources Corp. is pleased to announce the signing of a binding Letter of Intent with XChemistry Holdings, Inc. headquartered in San Diego, California. The primary business of XChemistry is focused on providing compliance testing for cannabis products. On January 1, 2018, new cannabis guidelines became effective in the state of California, after legalizing its recreational use. It is XChem’s plan, partnering [...]
Goldrea Resources Corp. announces the closing of the first tranche of the private placement announced in its news release dated February 13, 2017. The Company has closed $145,000 Funds will be used for general working capital. Goldrea provides the following update to the press releases dated December 15 and 19, 2017. The Company is continuing in due diligence of Tabu Investments Inc. , a private reporting company [...]
Goldrea entered into agreement in the form of a non-binding LOI with Tabu Investments, dated October 23, 2017. Tabu is a company focused on the cannabis sector. Their website is www.tabu.co. Tabu currently has an LOI signed with Spliffin of California dated December 18, 2017, to begin operations in Canada. Tabu is to issue 40,000,000 shares of Tabu, plus a half warrant at twelve cents, to Spliffin. Tabu intends to assist [...]
Goldrea Resourceshas signed a non-binding letter of intent to acquire Tabu Equity Investments, a Canadian company with interests in the marijuana industry. Further details will follow as the Company conducts due diligence on Tabu and progress towards executing a binding agreement. For more information, please contact: James Elbert, President and CEO Telephone: 559-7230 Email: jelbert@goldrea.com The CSE has not reviewed [...]
Goldrea Resources is pleased to provide this update on its Cannonball Property as well as other corporate plans. When the Company acquired the Cannonball Property last year, the most promising targets were under-explored, sheeted vein systems carrying high-grade but erratic gold values. These types of sheeted vein systems are often associated with buried porphyry copper gold systems and are considered high priority [...]
Goldrea Resources announces that it has finalized the acquisition of 100% of the newly named “Argos Property,” previously announced on February 28, 2017. The Argos Property consists of 42 map designated claim cells in two contiguous blocks measuring 1,982 and 376 hectares, totaling 2,358 hectares. Three additional claims totaling 170 hectares, contiguous with the larger block, are still pending application. The larger of [...]
Goldrea Resources has entered into a letter of intent to acquire from arm's-length vendors a 100% interest in a property located adjacent to Osisko Mining's Windfall Lake gold property in the Urban Barry belt, Quebec and a few kilometres from Durango Resources' Trove property. Jim Elbert, President of Goldrea, said: "The Windfall Lake gold camp is a prolific mining area which will be the subject of several drill programs [...]
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