Omineca Mining and Metals Ltd. announces that, further to the Company's news release dated March 1, 2019, it has signed an Option Agreement with KR Investments Corp. of Saskatoon, Saskatchewan, wherein KR Investments is granted the sole and exclusive option to acquire an undivided 50% interest in the Wingdam Project's placer tenures . KR Investments can exercise its option to acquire the 50% interest by completing, at [...]
Omineca Mining and Metals Ltd. has approved the grant of 3,200,000 incentive stock options pursuant to the Company's stock option plan. 1,500,000 of the options were granted to directors and executive officers, with the balance being granted to consultants. The options are exercisable at $0.08 per share and, if not exercised, expire May 3, 2024, subject to earlier expiration in accordance with the stock option plan and [...]
Omineca Mining and Metals Ltd. has closed its non-brokered private placement announced on March 14, 2019 and increased on April 11, 2019, for gross proceeds of $550,000. At the first and final closing, Omineca issued 11,000,000 units at a price of $0.05 per unit. Each unit consists of one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles the holder to acquire one [...]
Omineca Mining and Metals Ltd. announces that it is expanding the size of its non-brokered private placement announced on March 14, 2019 from the original maximum of 10,000,000 units of the Company at $0.05 per unit, to 11,000,000 units for gross proceeds of up to $550,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at $0.10 [...]
Omineca Mining and Metals Ltd. announces that further to the new release of March 1, 2019 "Omineca Executes Binding Letter Agreement to Commence Bulk Sample Operations at the Wingdam Project", it has signed a Mining Services Agreement with HCC Mining and Demolition Inc. , a diversified, contract mining company based in Saskatoon, SK to perform all mining services associated with the bulk sample program at the Company's [...]
Omineca Mining and Metals Ltd. announces a non-brokered private placement offering of up to 10,000,000 units of the Company at $0.05 per unit for gross proceeds of up to $500,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at $0.10 for 24 months following closing of the offering. Proceeds will be used to finance transaction [...]
Omineca Mining and Metals Ltd. announces that it has executed a binding letter agreement with an arms length private company based in Saskatchewan to commence a bulk sample program running 300 meters down the length of the paleochannel, as a follow-on to the initial smaller scale bulk sample completed in 2012 at the Company's Wingdam gold project, 45 km east of Quesnel, British Columbia. Under the terms of the agreement [...]
Omineca Mining and Metals Ltd. reports that a UAV-MAG survey completed in August 2018 at the Wingdam gold project in the Cariboo gold district of British Columbia has shown magnetic lineaments that together with data compilation have developed drill targets for both the Wingdam and Fraser Canyon properties. The 2018 exploration focussed on identifying bedrock hosted gold targets as potential sources for placer gold [...]
SASKATOON, July 27, 2018 /CNW/ - Omineca Mining and Metals Ltd. announces the appointment of Mr. Dean Nawata as Manager of Corporate and Business Development. Mr. Nawata has over 20 years of business experience in the natural resources sector and capital markets, holding executive and board positions of several resource exploration companies. More specific to the task, as former vice president of Barkerville Gold Mines [...]
CRANBROOK, BRITISH COLUMBIA--(Marketwired - Jun 1, 2017) - Omineca Mining and Metals Ltd. (TSX VENTURE:OMM) ("Omineca" or the "Company") announces several management and board changes in furtherance of its strategy to complete a bulk sample mining test of a 300m length of the Deep Lead Channel at the Wingdam placer gold project. The Wingdam project is fully permitted and the Company has completed a mine plan based on the [...]
Cranbrook, British Columbia (FSCwire) - Omineca Mining and Metals Ltd. (TSX-V:OMM)(“Omineca” or the “Company”) announces that the Company intends to complete a non-brokered private placement to arms-length and non-arms-length or related party investors. Application will be filed with the TSX Venture Exchange (TSX-V) to sell up to 3,600,000 non-flow-through units at a price of $.05 CDN per unit for gross proceeds of up to [...]
Cranbrook, British Columbia (FSCwire) - Cranbrook, BC 17 February, 2017: Omineca Mining and Metals Ltd. (TSX-V:OMM) (“Omineca”) would like to correct the news release issued on February 16 2017 regarding the extension of warrants. The expiry and extension dates of the warrants were incorrectly stated as follows: 1,355,000 warrants exercisable at $0.10 have been extended from an expiry date of February 16, 2017 to a new [...]