Goldflare Exploration Inc. announces the first results of its second phase of drilling on the Syenite Condor property located 35 km north-east of the town of Rouyn-Noranda. Assay results from the first six holes totaling 997 meters have been received with best results of 0.97 g/t over 4.9 meters, followed by 0.7 g/t over 5.9 meters from hole CDR-22- 14. . The new mineralized hole is located about 200 metres northwest from [...]
Goldflare Exploration Inc. announces the closing of a flow-through private placement of $450,000 offered to eligible investors at a price of $0.08 per common share. The offering totals 5,625,000 flow-through shares. No insider participated to this placement and $27,000 intermediary fees were engaged. The offering is subject to final approval from the TSX Venture Exchange. The securities to be issued will be subject to a [...]
Goldflare Exploration Inc. is pleased to announce the appointment of Ms. Sara Pedneault to the Board of Directors of the Company, as an independent director. Ms. Pedneault thus replaces Mr. Martin Bourgoin, independent director for Goldflare since April 21, 2021, who resigned from his position for personal reasons. All members of management and the Board of Directors would like to thank Mr. Bourgoin for the services he [...]
Goldflare Exploration Inc. announces the second phase of drilling on its Condor property was completed with 1,639 metres drilled in ten holes. The Condor property, located at 35 km north-east of the town of Rouyn-Noranda, is centered on the Clericy syenite pluton. Following targeting , 13 blind targets were identified, coherent with a series of structures spaced 200 to 500 metres apart following general north-west [...]
Goldflare Exploration Inc. announces the closing of a flow-through private placement of $149,020 offered to eligible investors at a price of $0.06 per common share. The offering totals 2,483,666 flow-through shares. No insider participated to this placement and $4,500 intermediary fees were engaged. The offering is subject to final approval from the TSX Venture Exchange. The securities to be issued will be subject to a [...]
Goldflare Exploration announces the closing of a private placement of $50,000 offered to eligible investors at a price of $0.05 per unit . The offering totals 1,000,000 common shares. No insider participated to this placement and no intermediary fees were engaged. The offering is subject to final approval from the TSX Venture Exchange. The securities to be issued will be subject to a minimum holding period of four months [...]
Goldflare Exploration Inc. announces the closing of a private placement of $130,000 offered to eligible investors at a price of $0.05 per unit . The offering totals 2,600,000 common shares. Three insiders participated to this placement. No intermediary fees were engaged. Seeing this is a related party transaction within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security [...]
PIEDMONT, QC, Oct. 24, 2022 /CNW Telbec/ - Goldflare Exploration Inc. announces the closing of a flow-through private placement of $368,000 offered to eligible investors at a price of $0.06 per common share. The offering totals 6,133,333 flow-through shares. The securities to be issued will be subject to a minimum holding period of four months plus one day. No insider participated to this placement and intermediary fees [...]
PIEDMONT, QC, Oct. 5, 2022 /CNW Telbec/ - Goldflare Exploration Inc. has completed its drill targets assessment and ground preparation works on the Condor property. In the eyes of the Company, the conditions were met to go forward with a limited drill target on high potential targets. The Condor property, located at 35 km north-east of the town of Rouyn-Noranda, is in the heart of an active gold mining camp. This new [...]
PIEDMONT, QC, Sept. 13, 2022 /CNW Telbec/ - Goldflare Exploration Inc. wishes to confirm the re-election of all members of the Board of Directors at the Annual General Meeting held on August 30, 2022. The five board members received votes in favor of their re-election in a proportion varying from 99.27% to 99.30%. A total of 15.1% of the 78,676,383 outstanding shares have been voted. "The members of the Board of Directors [...]
Goldflare Exploration Inc. announces the grant of 100,000 stock options to directors, officers, and employees. These stock options are granted in accordance with the terms of the stock option plan of the Corporation. Each option entitles the holder thereof to purchase one common share of the Corporation at a price of $0.05 per common share for a period of ten years from September 1st, 2022. Goldflare currently has [...]
Goldflare Exploration Inc. announces that it has initiated an exploration program on its two key properties located in the Abitibi Greenstone Belt, Québec. Both Condor and Agar properties are at the drilling stage. Following the completion of preparation works, Goldflare will be in position to implement drill programs on both projects. The priority will be given to the Condor project where a drill permit was recently [...]