Eureka Resources is pleased to announce the results of the shareholder meetings held by the Company and Kore Mining Ltd. on July 23, 2018, at which shareholders of Kore and Eureka approved the transactions contemplated by the amalgamation agreement dated February 24, 2018 between the Company and Kore, a private British Columbia corporation based in Vancouver, BC. Pursuant to the terms of the Agreement, Eureka has agreed [...]
Eureka Resources is pleased to announce that the Company has filed a joint management information circular with Kore Mining, which discloses the final terms of the amalgamation agreement dated February 24, 2018 between the Company and Kore, a private British Columbia corporation based in Vancouver, BC, pursuant to which Eureka has agreed to acquire all of the outstanding common shares of Kore in exchange for the issuance [...]
Eureka Resources is pleased to announce that, further to its news release of February 27, 2018, it has entered into an engagement letter with Kore Mining Inc. and PI Financial Corp. with respect to a brokered private placement of Eureka subscription receipts, to be undertaken on a best efforts basis, pursuant to which it will offer 44,000,000 Subscription Receipts at a price of $0.05 per Subscription Receipt for gross [...]
Eureka Resources is pleased to provide an update on its proposed three-cornered amalgamation with Kore Mining, as previously announced on February 27, 2018. Highlights of the update include: Kore shareholders to receive 3.28 common shares of Eureka following a 1 for 10 consolidation of the Eureka Shares , resulting in the former shareholders of Kore holding 91.8% of the issued and outstanding Eureka Shares following the [...]
Eureka Resources is pleased to announce that it has signed an amalgamation agreement dated February 24, 2018 with Kore Mining, pursuant to which Eureka has agreed to acquire all of the outstanding common shares of Kore in exchange for common shares of Eureka by way of a three-cornered amalgamation. Kore, indirectly through its wholly-owned US subsidiaries, owns 100% interests in the Imperial and Long Valley gold [...]
Eureka Resources announced today that is has closed the second and final tranche of its non-brokered private placement of common shares previously announced in press releases dated November 27, December 29, 2017 and January 18, 2018. Eureka placed 4,000,000 common shares in the first tranche of the Offering at $0.025 per share for gross proceeds of $100,000. In connection with closing the first tranche, the Company paid [...]
Eureka Resources announced today that, further to its press releases of November 27, and December 29, 2017, it has amended the terms of its previously announced non-brokered private placement of up to $175,000 . The second tranche of the Offering will now consist of up to 2,142,857 common shares at a price of $0.035 per Share, for gross proceeds of up to $75,000. All Shares issued pursuant to the Offering are subject to a [...]
Eureka Resources announced today that is has closed the first tranche of its non-brokered $175,000 private placement of 7,000,000 common shares , at $0.025 per common share, previously announced November 27, 2017 . Eureka placed 4,000,000 Shares in the first tranche of the Offering for gross proceeds of $100,000. In connection with closing the first tranche, the Company paid finder's fees of 7% cash totaling $4,550 [...]
Eureka Resources announced today that it is commencing a review of strategic alternatives focused on maximizing shareholder value. Potential strategic alternatives that may be explored or evaluated by Eureka include business combinations, joint ventures or other strategic transactions. The Company has not made a decision to pursue any specific transaction or other strategic alternative, and there can be no assurance that [...]
Eureka Resources is pleased to provide investors with an update on Eureka's exploration activities primarily focused on mineral properties in the historic gold districts of the Klondike in the Yukon Territory and the Cariboo region of British Columbia. Summary of recent activity Recent accomplishments include the following: Announced positive results from the drilling program completed at Gold Creek in the Cariboo (News [...]
Eureka Resources is pleased to announce that 2017 exploration programs will commence immediately on the Company's 100 percent owned Etta, Tak and the Sheba claims located in Yukon's historic Klondike Gold District. Exploration will follow up on data collected in May 2017 from an airborne VTEM time domain system and magnetic survey flown by Geotech Ltd. The survey was conducted over all of the Company's properties in the [...]
Eureka Resources is pleased to announce that it has received assay results from its three hole diamond drill program within the "Camp" zone at its Gold Creek Property located in the Cariboo Mining District, near Likely. The best results include 33.20 g/t Au over 1.25 m in hole 35 and 17.95 g/t over 1.5m in hole 34. Drill collars located within and adjacent to Spanish Mountain Gold Ltd. core storage area. To view an [...]
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