Komet Resources Inc. announces today that its board of directors has approved the settlement of $2,556,718 of debts through the issuance of common shares of the Corporation . Pursuant to the Debt Settlement, the Corporation would issue 21,305,983 common shares at a deemed price of $0.12 per share to a creditor, which is a director and an officer of the Corporation. The Corporation has currently no liquidities to repay [...]
Further to its news release dated May 15, 2020 announcing the entering into of a binding letter of intent, Komet Resources Inc. is pleased to announce that it has closed, on July 2, 2020 its previously announced transaction relating to the sale of all of the issued and outstanding shares of its wholly owned subsidiary Komet Mali SARL , which owns the Dabia Sud project, to RosCan Gold Corp. . The disposition price was CAD [...]
Komet Resources Inc. provides an update with respect to filing of its interim financial statements and related MD&A for the three months ended March 31, 2020 . The Corporation is providing this update in accordance with Decision No 2020-PDG-0023 of the Autorit? des march?s financiers . The Corporation intends to make the Required Q1 Filings on or prior to July 14, 2020. Blackout in Effect for Management and Other Insiders [...]
Komet Resources Inc. provides an update with respect to filing of its annual financial statements and management's discussion and analysis for the year ended December 31, 2019 . The Corporation is providing this update in accordance with Decision No 2020-PDG-0023 of the Autorit? des march?s financiers . The Corporation intends to file the 2019 annual documents by the deadline of June 13, 2020. The Corporation further [...]
Les Ressources Komet Inc. is pleased to announce that it has entered into a binding letter of intent under which it will sell all of the issued and outstanding shares of Komet Mali SARL, its wholly-owned Mali subsidiary, to RosCan Gold Corp.. Komet Mali SARL owns the Dabia Sud project, comprising 35 km2 of concessions with very promising gold exploration potential and located adjacent to Roscan’s Kandiole property [...]
Komet Resources Inc. has postponed filing its annual financial statements and management's discussion and analysis for the year ended December 31, 2019 , due to logistics and delays caused by the COVID-19 pandemic. Komet is relying on Decision No 2020-PDG-0023 of the Autorit? des march?s financiers that allows it to delay the filing of its annual documents required by National Instrument 51-102 by April 29, 2020. Komet [...]
Les Ressources Komet Inc. announces that Mr. André Gagné has resigned from the Board of Directors of the Company. This is the result of the Company’s decision to sell its assets in West Africa and henceforth focus its exploration efforts in Eastern Canada. Mr. Gagné will remain special consultant to the Company until all sales of African assets are closed. The Board of Komet would like to thank Mr [...]
Komet Resources Inc. announces the resignation of Mr. Lucas Werner Claessens as President and Director of the Corporation as well as the resignation of Mr. Pascal Van Osta as Vice-President Exploration of the Corporation, as a result of management’s decision to sell Komet’s African assets. Both Mr. Claessens and Van Osta will remain as special consultants for the Corporation until the closing of all [...]
Komet Resources Inc. wishes to announce that it has entered into an agreement to sell all the issued and outstanding shares that it holds in the share capital of its subsidiaries in Burkina Faso , Komet Ressources Afrique SA and Guiro Exploration SARL, to CINI Solutions, a private corporation located in Qatar. CINI will pay the following consideration to Komet for the Share Disposition: the assumption of all the debts of [...]
Komet Resources Inc. is pleased to announce today that a technical report, prepared in accordance with National Instrument 43–101 , has been filed for the Kabaya Gold Resource, located in the southeastern part of the company’s Dabia Sud property, western Mali, West Africa . The report supports the disclosure made in Komet’s press release issued on January 21, 2019, entitled “Komet announces initial [...]
Komet Resources Inc. is pleased to report an initial mineral resource estimate for the Kabaya gold prospect drill prospect, located in the southern part of its Dabia Sud exploration permit in Western Mali, West Africa. Highlights of the Resource Estimate include : An Indicated Resource of 3.17 million tonnes grading 1.03 g/t for 105,000 contained gold ounces and an Inferred Resource of 0.96 Mt grading 1.14 g/t for 35,000 [...]
QUÉBEC CITY, Sept. 06, 2018 -- Komet Resources Inc. is pleased to announce further encouraging results from a reverse circulation drill program that was completed this year on the Kabaya prospect in the southeastern part of the company’s Dabia South exploration property, located in western Mali, West Africa . Figure 1 - Dabia South Location Map Figure 2 - Kabaya Prospect Location Map Figure 3 - Kabaya [...]
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