1844 Resources announces that it has entered into shares for debt agreements with certain arm's length creditors and a company owned by one of the directors of the Company to settle debt in an aggregate amount of $355,296.751 in relation to services provided by the Creditors to the Company by the issuance of 5,815,935 common shares in the capital of the Company at a deemed price of $0.05 per Share . All the Shares issued [...]
1844 Resources wishes to provide an update on the previously announced option agreement with Nickel North Exploration concerning the Hawk Ridge nickel/copper project. Due to an unforeseen delay regarding the preparation of an updated geological report for the Hawk Ridge Project, 1844 and Nickel North have entered into a second amending agreement with respect to the Option Agreement. Pursuant to the terms of the Second [...]
1844 Resources wishes to provide an update on the previously announced option agreement with Nickel North Exploration concerning the Hawk Ridge nickel/copper project. Due to an unforeseen delay regarding the preparation of an updated geological report for the Hawk Ridge Project, 1844 and Nickel North have entered into a second amending agreement with respect to the Option Agreement. Pursuant to the terms of the Second [...]
1844 Resources Inc. wishes to provide an update on the previously announced option agreement with Nickel North Exploration Corp. concerning the Hawk Ridge nickel/copper project located in northeastern Quebec . 1844 and Nickel North have entered into an amending agreement with respect to the Option Agreement, pursuant to which the parties have agreed to amend the Outside Date of the Option Agreement from January 25, 2025 [...]
1844 Resources is pleased to announce it has closed its previously announced non-brokered private placement of flow through units. At closing, the Company issued 13,042,928 FT Units at a price of $0.035 per FT Unit for aggregate gross proceeds of approximately $456,500. Each FT Unit is comprised of one common share in the capital of the Company, to be issued as a "flow-through share" within the meaning of the Income Tax [...]
1844 Resources is pleased to announce that, further to its news release of August 13, 2024, it has entered into an option agreement with [wp=2141]Nickel North Exploration pursuant to which Nickel North has granted options to the Company to acquire up to a 100% interest, free and clear of all encumbrances, except for an underlying net smelter returns royalty ,[1] in the Hawk Ridge property. The Option Agreement is subject to the [...]
1844 Resources Inc. is extremely pleased to announce the addition of Mr. Andre Gauthier to the board of directors effective immediately. [1] Mr. Gauthier holds a B.Sc. in Geological Engineering and a M. Sc. in Mineral Exploration both obtained from the UQAC - Chicoutimi, and is an active member and leader of many mining and professional organizations . Mr. Sylvain Laberge, President and CEO of 1844 states "On behalf of our [...]
1844 Resource Inc. is pleased to announce that it has entered into a letter of intent with Nickel North Corp to earn an interest in the Hawkridge Project. With the terms agreed to, both parties are now working to finalize the terms of the formal and binding option agreements, which will consist of two separate option agreements . Mr. Sylvain Laberge, President and CEO of the Company commented: "We are pleased to have [...]
1844 Resources Inc. is pleased to announce the appointment of Mr. Mathieu Olivier to the board of directors effective immediately. Mr. Olivier will replace Mr. Denis Clement, who had been a board member since 2012. Holding a bachelor's degree in business administration from Laval University, Mr. Olivier has led a 20-year career in wealth management and financial advisory in Quebec and has a strong history of managing [...]
1844 Resources Inc. is pleased to provide an update with respect to its previously announced sale of the Lac Arsenault project to Canadian Gold Resources Ltd. . Pursuant to the terms of the Transaction, the Purchaser paid 1844 Six Hundred Thousand Canadian Dollars as follows: One hundred thousand Canadian dollars in cash; and 2,000,000 common shares of the Purchaser . Such common shares have a statutory hold period [...]
1844 Resources Inc. , is pleased to announce it has closed its previously announced non-brokered private placement of units . At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 . Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each whole Warrant entitles the holder thereof to [...]
1844 Resources Inc. announces that its previously announced amended and restated option agreement with Nickel North Exploration Corp. has terminated in accordance with the terms of the Amended and Restated Option Agreement due to market conditions. As a result, the Company has no right to acquire any interest in the Hawk Ridge property. With the termination of the Amended and Restated Option Agreement, the Company now [...]
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