Rhyolite Resources Ltd. is pleased to announce the appointment of Ms. Cybill Tsung as Chief Financial Officer of the Company. Mr. John Downes has stepped down as Chief Financial Officer and the Company thanks him for his many years of service and wishes him the very best in his future endeavours. Ms. Tsung is a Chartered Professional Accountant and a Chartered Accountant of Ontario, Canada with over 18 years of [...]
Rhyolite Resources Ltd. announces that it will conduct a non-brokered private placement of up to 15,000,000 common shares at the price of $0.30 per share for gross proceeds of up to $4,500,000. A cash commission may be payable equal to 6.0% of the gross proceeds of the total number of common shares sold to the subscribers of the Private Placement located by eligible finders. The net proceeds of the Private Placement will [...]
Rhyolite Resources Ltd. announces that it will conduct a non-brokered private placement of up to 15,000,000 common shares at the price of $0.30 per share for gross proceeds of up to $4,500,000. A cash commission may be payable equal to 6.0% of the gross proceeds of the total number of common shares sold to the subscribers of the Private Placement located by eligible finders. The net proceeds of the Private Placement will [...]
Rhyolite Resources Ltd. is pleased to announce that it has completed the acquisition of all of the outstanding share capital of 2777662 Ontario Inc. , pursuant to the terms of a definitive share purchase agreement entered into with each of the shareholders of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire an 80% interest in the Brothers Project in Suriname. The Vendors received [...]
Rhyolite Resources Ltd. is pleased to announce that it has entered into a definitive share purchase agreement, dated October 13, 2020, with each of the shareholders of 2777662 Ontario Corp to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire an 80% interest in the Brothers Project in Suriname. Under the terms of the purchase agreement [...]
Rhyolite Resources Ltd. is pleased to announce that it has entered into a definitive share purchase agreement, dated October 13, 2020, with each of the shareholders of 2777662 Ontario Corp to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire an 80% interest in the Brothers Project in Suriname. Under the terms of the purchase agreement [...]
Rhyolite Resources announces the completion of its previously announced brokered private placement of 16,000,000 units at a price of $0.10 per Unit for gross proceeds of $1,600,000. Each Unit consists of one common share and one-half share purchase warrant of Rhyolite. Each Warrant shall entitle the holder thereof to acquire one additional common share of Rhyolite at an exercise price of $0.15 per share at any time on or [...]
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2017) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") reports that the previously announced brokered private placement (January 26, 2017) of up to a maximum of 16,000,000 Units at a price of $0.10 per Unit has been increased to 20,000,000 Units at a price of $0.10 per Unit for gross proceeds of $2,000,000 (the "Offering"). Each Unit will [...]
Further to its news release of January 24, 2017, the Company further reports that a portion or all of the Offering may be completed pursuant to Multilateral CSA Notice 45-318 — Prospectus Exemption for Certain Distributions through an Investment Dealer and the corresponding instruments, orders and rules implementing CSA 45-318 in the participating jurisdictions in respect thereof (collectively with CSA 45-318, the [...]
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2017) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") announces plans to offer a brokered private placement of its securities comprised of a minimum 10,000,000 units ("Unit") up to a maximum of 16,000,000 Units at a price of $0.10 per Unit for gross proceeds of between $1 million and $1.6 million (the "Offering"). Each Unit will consist of one [...]
Rhyolite Resources announced today that it has granted a total of 475,000 stock options to the directors, officers and employees of the Company at the exercise price of $0.15 each expiring May 16, 2021. The Options are granted pursuant to the Corporation's stock option plan and are subject to regulatory approval.
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2015) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") reports that Pete Hughes has resigned as director, President and Chief Executive Officer of the Company effective immediately. Richard Graham, a director of the Company, has been appointed as the President and Chief Executive Officer to replace Mr. Hughes. ON BEHALF OF THE BOARD OF DIRECTORS [...]