VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 26, 2014) - Nikos Explorations Ltd. (TSX VENTURE:NIK) ("Nikos") is pleased to announce the results of a very low frequency - electromagnetic (VLF) survey recently completed at the Borden Lake Extension Project near Chapleau, Ontario. The VLF survey followed up on conductors found during an initial test survey earlier this year and tested for extensions to the southeast on [...]
Nikos Explorations is pleased to announce the results of an initial very low frequency - electromagnetic (VLF) survey recently completed at the Borden Lake Extension Project near Chapleau. The VLF survey was completed in the vicinity of soil gas hydrocarbon anomalies reported last year to test the method for more widespread use on the property. The survey was carried out on two lines oriented northeast-southwest to [...]
Nikos is pleased to announce that it has received TSXV approval of and completed the non-brokered private placement announced in its press release of March 13, 2013. The Private Placement was oversubscribed, as the Company raised gross proceeds of $140,000 from the sale of 1,400,000 units at a price of $0.10 per Unit, with each Unit consisting of one common share and one warrant entitling the holder thereof to purchase [...]
Nikos announced today its intention to complete a non-brokered private placement offering of one million units at a price of $0.10 per Unit, with each Unit consisting of one share of the Company and one warrant entitling the holder thereof to purchase one additional Share at a price of $0.15 for a period of 24 months. Nikos President Roger Moss comments, "The continued success of Probe Mines' Borden Lake exploration has [...]
Nikos is pleased to announce that the Company's board of directors has approved the grant of 750,000 stock options to the Company's directors and officers pursuant to the Company's Stock Option Plan. The options are exercisable at $0.05 per share, and if not exercised, expire February 27, 2019, subject to earlier expiration in accordance with the Stock Option Plan and the applicable policies of the TSX Venture Exchange.
Nikos is pleased to announce that it has received TSXV approval of and completed the non-brokered private placement announced in its press release of December 23, 2013. The Company raised gross proceeds of $80,000 from the sale of 1,600,000 units at a price of $0.05 per Unit, with each Unit consisting of one common share and one warrant entitling the holder thereof to purchase one additional Share of the Company at a [...]
Nikos announced today that Mr. James S. Borland has agreed to join the Company's board of directors. Mr. Borland is currently a director of Strait Minerals Inc. and Greencastle Resources Ltd. and has also been a director of Minefinders Corp., Acadian Mining Corp., Tempus Corp., Prelim Capital Inc. and Vistior Capital Ltd. The Company also announced that it will complete a consolidation of its share capital on the basis of [...]
Nikos is pleased to announce the results of an initial soil gas hydrocarbon survey recently completed at the Borden Lake Extension Project near Chapleau, Ontario. The SGH survey was completed over an area covering magnetic lineaments designated for follow up in order to identify anomalies that may be associated with gold mineralization in areas of poor outcrop. Several SGH anomalies, potentially indicative of gold [...]
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