Gespeg Resources Ltd. announces a financing up to $300,000 in non flow through units. The Units, priced at $0.08, will consist of one share and one half of one common share purchase warrant, with each full warrant exercisable at a price of $0.12 for 24 months, and $1,000,000 in flow through shares at an issue price of $0.11. The Company has lead orders in place totalling $300,000. The proceeds of the flow through will be [...]
Gespeg Resources Inc. is pleased to announce that it has identified multiple zones at Lac Arsenault that present similar structural context as the Baker, Mersereau, Marleau and L4W gold veins. The mapping work that has been recently completed has made it possible to develop a conceptual model of the formation and deformation of the quartz veins of the Lac Arsenault gold project. The gold-enriched zones are developed along [...]
Gespeg Resources Inc. is pleased to announce that, based on the initial results of the exploration program, it has acquired an additional 36 new claims at Lac Arsenault. The new claims adjoin the Company’s existing claims to the east and the west. With this acquisition, the Lac Arsenault project now consist of 75 claims covering a surface of 3,918 hectares or 39 square kilometres. The property hosts a known gold vein [...]
Gespeg Resources Inc. is pleased to provide an update of the exploration work on its 100% owned Lac Arsenault project, located in the center of the Gaspé Peninsula, Quebec. Gespeg is currently proceeding with exploration, trenching and geophysical work following the completion of the structural geology report by Mr. Jean-Philippe Desrochers P.Geo, Ph.D.. The soil samples collected in the field have been sent for assay [...]
Gespeg Resources Ltd. is pleased to announce that it has signed a Letter of Intent with J.A. MacLeod Exploration Reg’d. Gespeg agrees to grant to J.A. MacLeod fifty percent (50%) undivided interest in the Davidson Project. In return, J.A.MacLeod will pay a symbolic amount of $5,000 and participate equally in all exploration and development expenditures on the Property. The two parties will put together a committee to [...]
Gespeg Resources Ltd. announces, further to its news release of December 31, 2019, that it has completed the second tranche of its private placement and has raised gross proceeds of $95,450.00. The second tranche closing consisted of 1,909,000 units at a price of $0.05 per Unit. Each Unit consists of one common share in the capital of the Company and one half of one share purchase warrant. Each Warrant will entitle the [...]
Gespeg Resources Ltd. announces that, at the Annual and Special Meeting of Shareholders held January 20, 2020, the Company’s shareholders re-elected incumbent directors Sylvain Laberge, Andrew Davidson, Tom MacNeill and Dennis Clement. The Company also welcomes the addition of Mr. Pierre-Yves Larose who was elected to its board of directors. Gespeg reports the resolutions re-appointing Davidson & Company LLP as auditors [...]
Gespeg Resources Ltd. is pleased to announce that, following the evaluation of the region, it has increased its land position North West of the Municipality of Chandler by staking 137 additional claims. The project, known as the Native Copper Project, is now composed of 156 claims divided in 4 sectors Native Copper South, North-West, North-East and Central and has five (5) known indicators:
Gespeg Resources Ltd. announces closing of a first tranche of the non-brokered private placement announced on October 31, 2019. In total the Private Placement raised $228,000 through the issuance of 4,560,000 units at post consolidation price of $0.05, including 1,830,000 Units consisting of one Common Share of the Company and one-half of one Warrant and 2,730,000 flow-through Units consisting of one Flow-Through Share [...]
Gespeg Resources Ltd. announces, further to its news release of October 31, 2019, the Company will consolidate its issued and outstanding common shares in the capital of the Company on a five (5) pre-consolidated Shares for one (1) post-consolidated Share basis. The Company’s post Consolidation Shares are expected to begin trading on the TSX Venture Exchange on or about December 31, 2019. The stock symbol will remain [...]
Gespeg Resources Ltd. announces a non-brokered private placement of up to 30,000,000 units and flow-through units priced, on a post-consolidated basis, at $0.05 per Unit and Flow-through Unit for gross proceeds of up to $1,500,000. The Units will consist of one common share of the Company and one-half of one common share purchase warrant. The Flow-through Unit will consist of one common share of the Company that is a [...]
Gespeg Copper Resources Inc. announces, further to its news release of April 6, 2018, that the effective date for the Company’s change of name to Gespeg Resources Ltd. will be June 21, 2019. The Company’s common shares are expected to begin trading on the TSX Venture Exchange under the name “Gespeg Resources Ltd.” on or about June 25, 2019. The stock symbol will remain unchanged. The new CUSIP is [...]