- Initial NI 43-101 Inferred mineral resource estimate is 1.7 million tonnes grading 1.93% Copper and 16 g/t Silver, completed on a very limited section of the mine's potential. - Historical data reveal numerous opportunities to increase mineral resources with additional drilling. - Additional historic resources in the rest of the Kombat Mine and along strike are yet to be assessed. - Mining License and operating permit [...]
TORONTO, ONTARIO--(Marketwired - Apr 7, 2014) - Kombat Copper Inc. (TSX VENTURE:KBT) ("Kombat" or the "Company") announces the appointment of Justin Reid, a director of the Company since December 31, 2013, as Chairman of the Board. Mr. Reid's appointment follows Mr. Charles Mostert's resignation as Chairman and a director of the Board. The Board and Management thank Mr. Mostert for his contribution to the company during [...]
TORONTO, ONTARIO--(Marketwired - Mar 13, 2014) - Kombat Copper Inc. (TSX VENTURE:KBT) ("Kombat" or the "Company") has completed a review of historical work completed on its Exclusive Prospecting Licenses (EPLs) and is now formulating work programs to test the economic potential of these extensive land positions (5 EPLs covering 1,550 km2). The Company's primary objective is to bring the former producing Kombat Mine back [...]
TORONTO, ONTARIO--(Marketwired - Feb 28, 2014) - Kombat Copper Inc. ("Kombat Copper" or the "Company") (TSX VENTURE:KBT) has completed a detailed review of its extensive historical data base and verified material drill information to infill a previously unidentified zone of mineralization between the Asis Far West ("AFW") Sector and previous mine workings to the east of the Asis West Area a distance of some 300 meters [...]
Kombat has completed its private placement financing of 2,700,000 units at a purchase price of $0.10 per Unit for gross proceeds of $270,000. Each Unit is comprised of one common share and one warrant. Each Warrant will entitle the holder thereof to purchase one additional Share at a price of $0.20 per Warrant Share for a period of three years from the date of closing of the Offering. The Warrants if at any time after [...]
Kombat Copper is rapidly taking steps to determine the cost and schedule for bringing the former producing Kombat Mine, located in northern Namibia, back into production. Extensive data related to past production and resource drilling is being compiled and Southern African consulting groups have been approached to scope out the requirements for a technical report. This will enable the Company to formulate a time line and [...]
Kombat Copper wishes to update stakeholders on its 2014 plans. Bill Nielsen, President and Chief Executive Officer of Kombat, made these comments on his recent visit to the Kombat mine site: "During the six weeks since my appointment as CEO, Kombat has been busy compiling historical technical data and meeting with local stakeholders in Namibia. Already, we have greatly enhanced our understanding of the project tenements [...]
Kombat Copper announces that Mr. Justin Reid has been appointed as a director of Kombat, replacing Scott Kelly who has resigned as a director and officer of the Company to pursue other endeavours. Justin Reid is the President and a director of Sulliden Gold Corp. Mr. Reid is a geologist and capital markets executive with over 20 years of experience focused exclusively in the mineral resource space. Mr. Reid holds a B.Sc [...]
Kombat Copper announces that, effective immediately, F. W. (Bill) Nielsen, P.Geo., has been appointed President and Chief Executive Officer for the Company. In addition to this appointment, Mr. Nielsen has also been elected to the Board of Directors. Mr. Nielsen is an accredited geologist with over 35 years of worldwide mineral exploration and development experience. From 2003 to 2008, Mr. Nielsen was the Vice President [...]
Kombat announces that, further to its press releases dated July 29, 2013 and October 3, 2013, it has completed the first tranche of its private placement financing of subscription receipts. The first tranche closing consisted of 29,037,000 subscription receipts at a purchase price of $0.10 per Subscription Receipt for gross proceeds of $2,903,700. The proceeds have been placed in escrow pending satisfaction of certain [...]
Kombat Copper announces that further to its news release dated July 29, 2013 announcing a proposed unit private placement, the Offering is expected to result in a change of control under the policies of the TSX Venture Exchange and the Company is required to obtain disinterested shareholder approval of the Offering. As such, the Company has amended the terms of the Offering to provide for the issue of subscription [...]
Kombat Copper announced today the implementation of a plan to streamline the Company's corporate governance structures to better serve its current needs and resources. As an initial step, the Board unanimously resolved to reduce its size from seven directors to five and Messrs. Amish Patel and Michael Slater resigned from the Board upon the resolution becoming effective on August 1, 2013. "We wish to thank Amish and [...]
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