Margaux Resources Ltd. is pleased to announce the commencement of its 2020 exploration program at the Cassiar Gold Project in northern British Columbia. Crews were initially mobilized on May 20 for a three-week campaign to prepare camp and road access and to collect environmental data. Approvals and permits are now in place to operate the exploration camp during the field program. The exploration team has returned to site [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated June 19, 2020 and June 24, 2020, and subject to receiving final regulatory approvals, it has closed its non-brokered private placement by issuing: 49,999,993 units of the Company at a price of $0.07; and 11,111,109 flow-through units at a price of $0.09 per Flow-Through Unit. Gross proceeds raised under Offering are $4.5 Million. "We are [...]
Margaux Resources Ltd. is pleased to announce the appointment of Marco Roque as its new Chief Executive Officer, effective immediately. Mr. Roque will join the MRL Board as a Director of the Company effective July 1, 2020. Marco Roque brings to the position a wealth of knowledge and an array of experiences in company development and global capital markets. Mr. Roque started his career in private banking with Millennium [...]
Margaux Resources Ltd. is pleased to announce the following: Increase in previously announced financing Warrant acceleration clause amendment Update on 2020 Drill Program FINANCING The Company has increased its previously announced private placement financing from 22,857,143 units of the Company to 50,000,000 Units at a price of $0.07 per Unit. The Company also announces that it has updated the terms of the acceleration [...]
Margaux Resources Ltd. is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to 22,857,143 units of the Company at a price of $0.07 per Unit and 11,111,111 flow-through units on a "CEE flow-through" basis at a price of $0.09 per Flow-Through Unit, pursuant to the Income Tax Act for gross proceeds of up to $2.6 Million . Each Unit will [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated March 5, 2020 and April 28, 2020, and subject to receiving final regulatory approvals, it has closed the second tranche of its non-brokered private placement by issuing 357,000 units of the Company at a price of $0.07 for aggregate proceeds of $24,990. Gross proceeds raised under the first and second tranche of the Offering are $274,995 [...]
Margaux Resources Ltd. is pleased to announce that it has engaged GoldSpot Discoveries Corp. to identify and assess targets at Margaux's Cassiar Gold Project in northern British Columbia. This will be done by leveraging extensive geoscience data that has been collected through the multi-decade exploration and production history of the Project, using GoldSpot's in-house collaborative expertise, machine learning, and other [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated March 5, 2020, and subject to receiving final regulatory approvals, it has closed the first tranche of its non-brokered private placement by issuing 3,571,500 units of the Company at a price of $0.07 for aggregate proceeds of $250,005. Each Unit consists of one common share in the capital of the Company and one Common Share purchase [...]
Margaux Resources Ltd. is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to 14,285,714 units of the Company at a price of $0.07 per Unit for gross proceeds of up to $1,000,000 . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Common Warrant will entitle the holder [...]
Margaux Resources Ltd. is pleased to announce the appointment of Mr. Stephen J.J. Letwin to the Company's Board of Directors effective March 2, 2020. Mr. Letwin, who has been a member of Margaux's Advisory Committee since November 2016, is looking forward to taking on the Director role. "I am excited about joining the Margaux Resources Board because I am a very strong believer in the company's current assets and financial [...]
Drill core resampling confirms bulk tonnage target potential at Backyard prospect Rock grab samples return multi-ounce assay results at Taurus and Lucky New data supplements ongoing compilation work for drill target generation at Cassiar Margaux Resources Ltd. is pleased to share analytical results from the 2019 field season at its Cassiar Gold Property in northern British Columbia. The 2019 exploration program was an [...]
Margaux Resources Ltd. has elected to terminate the option agreements on the Jackpot and Old Timer properties in southern British Columbia. Margaux entered into an option agreement with a third party in 2016 giving the Company the exclusive option to acquire the Jackpot Property by making payments to the third party of an aggregate $340,000 cash and aggregate issuance of 500,000 shares, paid in several installments over 6 [...]
+333,33 %
-95,00 %
