Loncor Resources Inc. announces that it has applied to the Toronto Stock Exchange to extend the term of a total of 2,000,000 common share purchase warrants of the Company . These Warrants were issued as part of a private placement of securities of the Company which closed on February 3, 2017. Each of these Warrants entitles the holder to purchase one common share of the Company at a price of Cdn$0.18, and currently has an [...]
Loncor Resources Inc. is pleased to announce an update on exploration activities undertaken by Randgold Resources Limited on Loncor’s Ngayu project in northeastern Democratic Republic of the Congo as part of the joint venture agreement between Randgold and Loncor. Exploration this year has been focused on the Anguluku prospect area where drill targets have now been defined and along the 30 kilometre strike Imva fold [...]
Loncor Resources announces that the four nominees listed in the Company’s management information circular for the annual and special meeting of shareholders of the Company held on Friday, June 29, 2018 were elected at the Meeting as directors of Loncor. The vote was conducted by a show of hands. The detailed results of the votes received by proxy are set out below: Votes by Proxy Name Votes For % Votes For Votes [...]
June 26, 2018 -- Loncor Resources Inc. is pleased to announce that the private placement and share swap transactions with Resolute Mining Ltd. as previously announced by Loncor in its April 3, 2018, May 16, 2018 and June 19, 2018 press releases, have been completed today pursuant to the definitive agreements signed today between the parties. The disinterested shareholders of the Company approved the Transactions at the [...]
June 19, 2018 -- Loncor Resources Inc. announces that, further to its May 16, 2018 and April 3, 2018 press releases, it has closed a non-brokered private placement of 1,700,000 common shares of the Company at a price of Cdn$0.10 per share for gross proceeds of Cdn$170,000. Mr. Arnold Kondrat , who is President, Chief Executive Officer and a director of the Company, purchased 700,000 of the shares issued under this [...]
Loncor Resources Inc. announces that it has applied to the Toronto Stock Exchange to extend the term of a total of 875,000 common share purchase warrants of the Company . These Warrants were issued as part of a private placement of securities of the Company which closed on June 29, 2016. Each of these Warrants entitles the holder to purchase one common share of the Company at a price of Cdn$0.18, and currently has an [...]
Loncor Resources announces that the transactions with Resolute Mining pursuant to the binding term sheet as previously announced by Loncor on April 3, are progressing through the due diligence phase and, assuming Resolute is satisfied with its due diligence review, the Company expects that the definitive agreements for the Transactions will be executed shortly following the special meeting of shareholders of the Company [...]
Loncor Resources is pleased to announce that it has entered into a binding term sheet with Resolute Mining whereby Resolute will acquire a total of 51,000,000 common shares of Loncor. As part of the series of transactions contemplated by the term sheet , the Company will issue 26,000,000 common shares to Resolute at a price of Cdn$0.10 per share for gross proceeds of Cdn$2,600,000, Resolute will purchase 25,000,000 common [...]
Loncor Resources announces that the four nominees listed in the Company's management information circular for the annual and special meeting of shareholders of the Company held on Thursday, June 29, 2017 were elected at the Meeting as directors of Loncor. The vote was conducted by a show of hands. The detailed results of the votes received by proxy are set out below: Votes by Proxy Name Votes For % Votes For Votes [...]
Four Significant Regional Mineralised Trends Outlined from VTEM Airborne Survey to be Prioritised TORONTO, ONTARIO--(Marketwired - May 18, 2017) - Loncor Resources Inc. ("Loncor" or the "Company") (TSX:LN) is pleased to announce that exploration ground work has commenced on priority targets resulting from the 'VTEM' geophysical airborne survey undertaken by Randgold Resources (DRC) Limited ("Randgold") earlier this year [...]
TORONTO, ONTARIO--(Marketwired - Feb. 28, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES Loncor Resources Inc. (the "Company") (TSX:LN) is pleased to announce that, further to its February 10, 2017 press release, it has closed a non-brokered private placement of 1,500,000 units of the Company (the "Units") at a price of Cdn$0.13 per Unit for gross proceeds of Cdn$195,000. Each such Unit is comprised of one common [...]
TORONTO, ONTARIO--(Marketwired - Feb. 10, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES Loncor Resources Inc. (the "Company") (TSX:LN) is pleased to announce a non-brokered private placement of up to 1,500,000 units of the Company (the "Units") at a price of Cdn$0.13 per Unit for gross proceeds of up to Cdn$195,000. Each such Unit is to be comprised of one common share of the Company and one-half of one warrant of [...]
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