Sanatana Resources Inc.

Sanatana Resources Inc. has, further to its news releases dated December 15, 2023, December 19, 2023 and December 27, 2023, closed the second tranche of the Company's previously announced private placement of flow-through units of the Company at a price of $0.10 per Unit. Each Unit consists of one common share in the capital of the Company designated as a flow-through share pursuant to the Income Tax Act and one non-flow [...]

Sanatana Resources Inc. is pleased to announce that, further to its news releases dated December 15, 2023 and December 19, 2023, it has closed the first tranche of the previously announced private placement of flow-through units of the Company at a price of $0.10 per Unit. Each Unit consists of one common share in the capital of the Company designated as a flow-through share pursuant to the Income Tax Act and one non-flow [...]

Sanatana Resources Inc. , announces that, further to its news release of December 15, 2023 announcing a private placement of flow-through units and non flow-through units , the Company has reduced the subscription price of FT units from $0.12 per FT Unit to $0.10 per FT Unit, and the subscription price of NFT units from $0.10 per NFT Unit to $0.08 per NFT Unit. The Company intends to raise the same amount of up to [...]

Sanatana Resources Inc. is pleased to announce a non-brokered private placement of up to 4,166,667 flow-through units of the Company priced at $0.12 per FT Unit and up to 5,000,000 non flow-through units of the Company priced at $0.10 for aggregate gross process of up to $1,000,000 . Each FT Unit will consist of one common share in the capital of the Company which will be designated as a flow-through Share pursuant to the [...]

Sanatana Resources Inc. is pleased to provide further details about its recently completed IP geophysical program. As detailed in our News Release of October 4, 2023, Sanatana identified a large buried IP chargeability anomaly at the Oweegee Dome project, located within the famous Golden Triangle of British Columbia. The IP work was contracted to Dias Geophysical using their latest 3D system. It is Sanatana's principal [...]

Sanatana Resources Inc. is pleased to announce that Peter Miles, CEO of Sanatana, has personally acquired 1,402,000 common shares in the capital of the Company on the open market through the facilities of the TSX Venture Exchange. Following the acquisition, Mr. Miles beneficially owns or directly controls 4,901,609 Common Shares or 6.48% of the issued and outstanding number of Common Shares.1 The acquisition reflects Mr [...]

Highlights: 8.5 line kilometre 3-D induced polarization survey expanded coverage over 1 km to the east and augmented 2021 and 2022 surveys. The "Junction", now a large 2 km by 1 km anomaly, is thought to represent the main body of mineralization at Oweegee and provides a compelling drill target. Sanatana Resources Inc. is pleased to provide an exploration update on completion of the 2023 IP program at the Oweegee Dome [...]

Highlights New porphyry mineralization found in upper East Bear Creek of up to 0.42% Cu and 0.44% Au IP geophysical survey to expand on five anomalies revealed in 2022 program IP to enhance and define large IP anomaly and cover new mineralized zones in East Bear Creek Sanatana Resources Inc. is mobilizing field crews to return to the highly prospective Oweegee porphyry copper / epithermal gold prospect that straddles [...]

Sanatana Resources Inc. announces that the board of directors of the Company approved an advance notice policy on July 7, 2023. The Advance Notice Policy includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: a requisition of a meeting made pursuant [...]

Sanatana Resources Inc. is pleased to announce that it has arranged a secured promissory note pursuant to which Cobra Mortgage Services Ltd. has loaned $800,000 to the Company. The Company expects to use the net proceeds from the Loan for exploration expenses and general and administrative expenses. The Promissory Note and all outstanding principal and accrued and outstanding interest are due on January 31, 2024. Interest [...]