Allante Resources Ltd. announces that the results of the assays on the Malinga Property indicated lower than expected mineralization, and accordingly Allante Resources Inc. and the Company have elected to terminate their Share Exchange Agreement (refer to News Release May 15/14). Accordingly, the Qualifying Transaction that was the subject of the Company's Filing Statement posted on SEDAR on March 28, 2014 has been [...]
Allante Resources Ltd. announces that it has posted a third amendment to its Share Exchange Agreement with Allante Resources Inc. on SEDAR, disclosing that the anticipated closing of its QT has been extended to on or before September 30, 2014, to allow for the concurrent brokered private placement financing and additional exploration work to be completed. The QT remains subject to conditions including final acceptance [...]
Allante announces the approval and adoption by its Board of Directors of an advance notice policy. The purpose of the Policy is to provide shareholders, directors and management of Allante with a clear framework for nominating directors of the Company. Allante is committed to: facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; ensuring that all shareholders receive [...]
Allante Resources Ltd. is pleased to announce that it has posted a Filing Statement dated March 28, 2014 on SEDAR disclosing the details of its Qualifying Transaction pursuant to which it will acquire mineral exploration company Allante Resources Inc., and the concurrent brokered private placement financing. The QT is scheduled to close on or about April 18, 2014 and remains subject to conditions including final Exchange [...]
Allante Resources announces that it has filed on SEDAR two geological reports in respect of mineral exploration properties located in Gabon. The title and effective date of the reports are: "Mineral Evaluation, National Instrument Form 43-101F1 Technical Report" dated January 18, 2014 in respect of the Malinga Project, Ngounié, Gabon; and "Mineral Evaluation, National Instrument Form 43-101F1 Technical Report" dated [...]
Allante announces that it has made application to the TSX Venture Exchange, pursuant to Policy 2.4 of the Exchange Manual, to make a secured loan of up to $50,000 to Allante Resources Inc., the target in the Company's previously announced proposed qualifying transaction. The Loan is being made in order for Allante to make certain concession payments required to maintain title to its mineral exploration property in Gabon.
Precision Enterprises Inc. announces that the effective date for its name change to Allante Resources Ltd. and the consolidation of its issued share capital on a three old shares for one new share basis will be December 18, 2013. Accordingly, at market open on December 18, 2013, the Company's common shares will commence trading as Allante Resources Ltd. under TSX-V trading symbol: ALL. However, trading in the common [...]
Precision Enterprises Inc. and Allante Resources Inc. are pleased to announce that they have entered into a binding share exchange agreement dated November 18, 2013, whereby Precision will acquire all of the issued and outstanding shares of Allante in exchange for the issuance of Post-Consolidation Shares of Precision to the shareholders of Allante. The acquisition of Allante will constitute Precision's Qualifying [...]
Precision Enterprises Inc. announces that Richard Barnett, CGA, has been appointed as Chief Financial Officer and Secretary of the Company, taking the place of Tom Needham, who has resigned. The Board wishes to thank Mr. Needham for his service in this office to the Company since November 2007. Mr. Barnett is currently Chief Financial Officer and Secretary of four other public companies.
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