British Columbia, March 15, 2018 -- Esrey Resources Ltd. announces its intention to raise up to $4,000,000 by way of a private placement of up to 20,000,000 units at a price of $0.20 per unit . Each Unit will be comprised of one common share and one share purchase warrant . Each Warrant gives the holder the right to acquire a further common share of the Company at a price of $0.40 for a term of 5 years. The expiry of the [...]
VANCOUVER, British Columbia, Feb. 28, 2018 -- Esrey Resources Ltd. announces that, effective February 28, 2018, Mr. Kirk Adams has resigned from the position of President and Chief Executive Officer of Esrey following the successful construction and commissioning of the Company’s pilot metal recovery plant in Macedonia, in order to pursue other personal and professional interests. The Board of Directors thanks Mr [...]
VANCOUVER, British Columbia, Feb. 01, 2018 -- Esrey Resources Ltd. is pleased to announce that it has achieved significant progress in the development of its first zinc production project in Macedonia. Within the regulatory framework of the Ministry of Environment and Physical Planning of the Government of the Republic of Macedonia approval, the Company is completing the commissioning of a processing plant to process [...]
Esrey Energy Ltd. announces a Company name change and ticker symbol change. Pursuant to the Articles of the Company and as approved by the Company's board of directors on August 25, 2017, the Company intends to change its name to Esrey Resources Ltd. It is expected that the common shares of the Company will commence trading on the TSX Venture Exchange under the Company's new name on October 16, 2017. The trading symbol [...]
Esrey Energy Ltd. is pleased to announce the voting results of its 2017 Annual General Meeting held on October 5, 2017 together with the appointment of officers and a grant of stock options. Annual General Meeting Results The Company announces that all resolutions presented at its AGM held on October 5, 2017 were approved by shareholders. With respect to the election of directors, prior to the Meeting, Mr. Nitesh Shah [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 9, 2017) - Esrey Energy Ltd. (TSX VENTURE:EEL) (the "Company") announces that it has granted 4,183,000 stock options pursuant to its previously approved stock option plan to directors, officers, employees and consultants of the Company. The options are subject to certain vesting provisions and are exercisable over five years at an exercise price of Cdn$0.125 per share, the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 21, 2017) - Further to its news releases of May 1 and May 12, 2017, Esrey Energy Ltd. (the "Company") (TSX VENTURE:EEL) is pleased to announce that it has completed the acquisition (the "Acquisition") of the shares of Power Zinc Limited (formerly Delta Prime Limited) ("Power Zinc"), a private Malta company at arm's length to the Company and its directors and officers whose [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2017) - Further to its news release of May 1, 2017 (the "May 1 Release"), Esrey Energy Ltd. ("Esrey" or the "Company") (TSX VENTURE:EEL) is pleased to announce that both Esrey and PRG Plc ("PRG") have completed a satisfactory due diligence review of the other and have entered into a definitive agreement providing for the acquisition by Esrey of the shares of Power Zinc [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 1, 2017) - Esrey Energy Ltd. ("Esrey" or the "Company") (TSX VENTURE:EEL) announces that it has entered into a non-binding letter of intent ("LOI") with PRG PLC, a private Malta company ("PRG"), to acquire Zinc Power Limited ("Zinc Power"), a majority owned subsidiary of PRG at arm's length to the Company and its principals, whose principal assets include approximately [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 8, 2016) - Esrey Energy Ltd. ("Esrey" or the "Company") (TSX VENTURE:EEL) is pleased to announce the signing of a non-binding Letter of Intent (the "LOI") with Enablence Technologies Inc. ("Enablence") (TSX VENTURE:ENA), an emerging supplier of optical components and subsystems for telecommunication access in metro and data center markets that provides for a combination of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 22, 2015) - Esrey Energy Ltd. ("Esrey" or the "Company") (TSX VENTURE:EEL) along with its subsidiaries Telemu No 18 Ltd ("Telemu") and LNG Energy (PNG) Ltd. ("LNG Energy") have been notified by Heritage Oil Ltd. ("Heritage") that Heritage will not be funding the drilling of the first exploration well on PPL 486 and therefore will not fulfill its final commitment under the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 24, 2015) - Esrey Energy Ltd. ("Esrey" or the "Company") (TSX VENTURE:EEL) announces Shayne Dyrdal has tendered her resignation as Chief Financial Officer ("CFO") of the Company to the Board of Directors (the "Board") in order to pursue other professional opportunities. The search for her successor has begun and David Nelson, President and CEO, will assume the interim CFO [...]