Excalibur Resources is pleased to announce that it has arranged a non-brokered private placement of 20,000,000 Units at $0.10 per Unit for a total of $2,000,000. Each Unit consists of one common share and one-half of one common share purchase warrant. Each full warrant is exercisable to acquire an additional common share at $0.15 per share for a period of two years from the closing date. All securities issued in [...]
Excalibur Resources is pleased to announce that it has signed a binding agreement with International Explorers and Prospectors Inc. to acquire 100% of three net smelter royalties on properties located in Timmins, Ontario for $6 million cash and $4 million in common shares of Excalibur based on the achievement of various progress milestones determined by the expansion plans of the underlying operators of the mines. a 1 [...]
Excalibur Resources announces in connection with a review by the Ontario Securities Commission of the Company's technical disclosure under National Instrument 43-101 - Standards of Disclosure for Mineral Projects the retraction of the reference to projected cash flow referred to in the July 15, 2016 press release announcing the acquisition of an active streaming deal pipeline, as technical reports supporting same would be [...]
Excalibur Resources is pleased provide an update on its royalty investment in Orefinders Resources which owns 100% of the Mirado Mine Project located in Kirkland Lake. Excalibur provided $500,000 in funding to commence the Mirado Mine Stockpile project consisting of crushing, trucking, milling and refining over the September to November timeframe. Orefinders has completed the crushing of over 26,000 tonnes of resource and [...]
Excalibur Resources is pleased to announce it has signed a binding agreement to acquire High Stream Corp, the specialty streaming and royalty finance company that was announced on July 15, 2016, for 10 million shares in Excalibur. Excalibur would like to welcome Brett Heath of High Stream as the new President and Director of the company. We look forward to utilizing Mr. Heath's leadership and execution skills, capital [...]
TORONTO, ONTARIO--(Marketwired - Aug 29, 2016) - Excalibur Resources Ltd. ("Excalibur" or the "Company") (CSE:XBR)(OTCQX:EXCFF)(FRANKFURT:X9CN) is pleased to announce that it has acquired and closed on a 2% Royalty (the "Royalty") with proceeds capped at $1,000,000 with Orefinders Resources Inc. ("Orefinders") on its 100% owned Mirado Mine Project located in Kirkland Lake. In exchange for the Royalty, Excalibur will [...]
TORONTO, ONTARIO--(Marketwired - Aug 5, 2016) - Excalibur Resources Ltd. ("Excalibur" or the "Company') (CSE:XBR)(OTCQX:EXCFF)(FRANKFURT:X9CN) provides an update on its non-binding proposal to make a US$5 million purchase of a gold metal stream announced March 7, 2016, representing 5% of the annual production of an open pit gold mine in Peru. This deal was negotiated in the Fall of 2015 when the gold price was weak and [...]
TORONTO, ONTARIO--(Marketwired - Jul 20, 2016) - Excalibur Resources Ltd. ("Excalibur" or the "Company') (CSE:XBR)(OTCQX:EXCFF)(FRANKFURT:X9CN) is pleased to announce the acceptance of its non-binding proposal to make a $2.5 million investment in International Explorers and Prospectors Inc. ("IEP"). The investment will be made by way of a 2 year, 5% interest debenture plus warrants representing 19.9% of IEP. Excalibur [...]
Excalibur Resources, a pure-play gold/silver royalty and streaming company, is pleased to announce it will be presenting at the Princeton Club in New York on July 21, 2016 at the TRIPLE GOLD SUMMER CONFERENCE XXI. The Company is also marketing in Vancouver July 26-29 and attending the Sprott Vancouver Natural Resources Symposium
TORONTO, ONTARIO--(Marketwired - Jul 15, 2016) - Excalibur Resources Ltd. ("Excalibur") (CSE:XBR) (OTC:EXCFF) (FRANKFURT:X9CN) is pleased to announce the acceptance of its non-binding letter of intent to acquire a specialty streaming and royalty finance company (the "Company") for 10 million shares in Excalibur. The Company's current Managing Director is an expert in streaming transactions who has developed an active [...]
Excalibur Resources announces that it has closed a non-brokered private placement of 10,000,000 common shares at $0.02 per share for a total of $200,000. Proceeds will be applied to working capital, the development of a new pipeline of gold and silver streaming and royalty investments, and financing, due diligence and marketing in respect of the proposed gold streaming investment in Peru announced on March 7, 2016. The [...]
Excalibur Resources is pleased to announce the acceptance of its non-binding proposal to make a US$5 million purchase of a gold metal stream representing 5% of the annual production of an open pit gold mine in Peru which has averaged 35,000 ounces of gold production annually over the last 4 years. The investment is to be financed by a proposed 5 year debt offering plus warrants to be negotiated. The company also announces [...]