Rathdowney Resources Ltd. announces that it has closed the second tranche of the unit private placement announced previously on April 21, 2020, consisting of 1,555,000 Units issued for gross proceeds of CAD $139,950. Each Unit is comprised of one common share of the Company plus one common share purchase warrant . Each Warrant can be exercised for a five year period from the Closing Date at $0.11 per Warrant Share . In [...]
Rathdowney Resources Ltd. announces that it has closed the first tranche of the unit private placement announced previously on April 21, 2020, consisting of 13,402,491 Units issued for gross proceeds of CAD $1,206,224. Each Unit is comprised of one common share of the Company plus one common share purchase warrant . Each Warrant can be exercised for a five year period from the Closing Date at $0.11 per Warrant Share . In [...]
Rathdowney Resources Ltd. announces that it plans to complete a private placement of up to approximately 33,333,333 units of the Company at a price of $0.09 per Unit for proceeds of up to approximately $3 million . Each Unit is comprised of one common share of the Company plus one common share purchase warrant . Each Warrant can be exercised for a five year period from the Closing Date at $0.11 per Warrant Share . In the [...]
Dick Whittington, President & CEO to step down Rathdowney Resources Ltd. announces that its corporate focus in 2020 will be exclusively on advancing toward securing a Mining License for its 100%-owned Project Olza – a zinc-lead-silver underground development project in Poland's well-established Upper Silesian mining district. Securing a Mining License for Project Olza requires a multi-faceted scope of work, largely [...]
Rathdowney Resources Ltd. is pleased to provide an update on its 100%-owned Olza zinc-lead-silver project in Poland. The Company is actively engaged in a two-year plan to secure a Mining License for the project. Project Description Project Olza is located in the Upper Silesian Mining District of southwestern Poland, a region of Mississippi Valley-type zinc-lead deposits that are world-class in terms of size, with a [...]
Rathdowney Resources Ltd. is pleased to announce that the Company will be featured on CEO Clips on the BNN Bloomberg Channel. BTV's CEO Clips will feature Rathdowney on the BNN Bloomberg Channel 6 throughout the day and evening of Saturday, July 13 and Sunday, July 14, 2019. View link: https://www.b-tv.com/rathdowney-resources-zinc-project-ceo-clip-90sec/ BTV's CEO Clips provides a series of short video profiles on [...]
Rathdowney Resources Ltd. is pleased to announce the results of its Annual General Meeting , held in Vancouver, BC on June 14, 2019, and to provide an update on its corporate activities and plans. At the AGM, shareholders voted in favour of all matters of business. These matters included appointing DeVisser Gray LLP as auditors; ratifying and approving extension of the continuation of the Company's Share Option Plan [...]
Rathdowney Resources Ltd. is pleased to announce that Mr. J.R.H. Whittington has been appointed President and Chief Executive Officer of the Company. Mr. Whittington will also be joining the Company's Board of Directors. Mr. Whittington's distinguished career spans over 40 years with a select variety of mining companies in Canada, Mexico, Panama, Papua New Guinea and Australia. His experience encompasses senior executive [...]
Rathdowney Resources Ltd. announces that the Company is proposing to extend the expiry date of a total of 7,190,000 outstanding share purchase warrants, all of which are exercisable at $0.24 per share . The Warrants were issued on August 11, 2016 pursuant to a unit private placement. The new expiry date of the Warrants will be February 11, 2019. The exercise price of the Warrants will remain unchanged. The Warrant [...]
VANCOUVER, Aug. 1, 2018 /CNW/ - Rathdowney Resources Ltd. is pleased to provide an update on progress at its 100% owned Olza Zinc-Lead Project in Poland. "Rathdowney is continuing to advance Project Olza toward development," reports Chairman David Copeland. "Project activities are currently focused in key areas necessary to acquire project permits. Our teams are progressing with the Project Development Plan, and [...]
VANCOUVER, June 27, 2018 /CNW/ - Rathdowney Resources Ltd. announces that it has secured two loans for aggregate proceeds of $230,500 . The Company has settled an agreement with Orfo Properties Ltd. , an arm's length third party, with respect to a $100,000 loan . The Orfo Loan is unsecured, will bear interest at a rate of 15% per annum and is repayable immediately on the earlier of: the date of completion by the Company [...]
VANCOUVER, July 14, 2017 /CNW/ - Rathdowney Resources Ltd. ("Rathdowney" or the "Company") (TSXV: RTH) announces that further to its news release of July 12, 2017 and subject to TSX Venture approval, it has completed a private placement, issuing 2,631,173 shares for proceeds of approximately $500,000. Proceeds will be used to advance Polish permitting activities as well as engineering work to progress the Company's Olza [...]