WPC Resources Inc. announces it has entered into a letter agreement with Mandalay Resources Corp. under which the Company may acquire Mandalay's subsidiary, Lupin Mines Incorporated , which owns the historic Lupin gold mine . The LOI replaces the Purchase Agreement with Mandalay dated October 31, 2016, and Amendment to Purchase Agreement, dated February 28, 2017, to acquire Lupin. The letter agreement calls for WPC and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 21, 2017) - WPC Resources Inc. (the "Company" or "WPC") (TSX VENTURE:WPQ) is pleased to report it has entered into a letter agreement with Mandalay Resources Corp. ("Mandalay") under which the Company may option and acquire a 100% interest in the Ulu Gold Property ("Ulu") located in Nunavut Territory, Canada. The new option agreement will supersede the Ulu Option Agreement [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 3, 2017) - WPC Resources Inc. (the "Company" or "WPC") (TSX VENTURE:WPQ) is pleased to report an amendment to the Purchase Agreement dated October 31, 2016 with Mandalay Resources Corp. ("Mandalay") to acquire Mandalay's 100%-owned subsidiary, Lupin Mines Incorporated. Under the amended terms the transaction will now close on March 31, 2017, or such later date as agreed upon [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 6, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. WPC Resources Inc. (the "Company" or "WPC") (TSX VENTURE:WPQ) announces a non-brokered private placement of up to 80,000,000 units (the "Units") at a price of $0.07 per Unit for gross proceeds of $5,600,000 (the "Offering"). Each Unit consists of one (1) common share [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2017) - WPC Resources Inc. (the "Company" or "WPC") (TSX VENTURE:WPQ) is pleased to announce that it will be attending the Vancouver Resource Investment Conference 2017. The Conference is being held at the Vancouver Convention Centre West at Canada Place on January 22nd and 23rd. Management will be present at Booth 409 between 8:30 a.m. and 5:30 p.m. to meet with [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 1, 2016) - WPC Resources Inc. (the "Company" or "WPC") (TSX VENTURE:WPQ) is pleased to report it has signed a definitive agreement (the "Agreement") with Mandalay Resources Corp. ("Mandalay") to acquire Mandalay's 100%-owned subsidiary, Lupin Mines Incorporated ("LMI"). LMI owns 100% interests in the Lupin Gold Mine and the Ulu Gold Property (the "Properties"). The Lupin [...]
Vancouver, British Columbia--(Newsfile Corp. - August 17, 2016) - WPC Resources Inc. (TSXV: WPQ) (the "Company") is pleased to announce that its Annual and Special Meeting of Shareholders (the "Meeting") was held on August 11, 2016. A total of 23.38 million shares were voted by proxy representing 23.6% of the Company's issued common shares. All items were passed by the shareholders and the Board of Directors is continuing [...]
WPC Resources is pleased to provide an update on corporate activities and operational plans for 2016. WPC is currently working on a definitive agreement with Mandalay Resources Corporation to acquire 100% ownership of Lupin Mines Inc. Lupin Mines Inc. owns the past producing Lupin Gold Mine and the advanced stage Ulu Gold Project. Upon completion of the acquisition of Lupin Mines Inc. the Company will become a potential [...]
WPC Resources is pleased to announce it has closed a non-brokered private placement, see news release NR 2016-2 dated February 24, 2016, by issuing 30,000,000 units at a price of $0.05 per unit for gross proceeds of $1,500,000. Each unit consists of one (1) common share in the capital of the Company and one half (1/2) non-transferable Common Share purchase warrant. Each full Warrant entitle the holder to purchase one (1 [...]
WPC Resources is pleased to provide an update in connection with its previously announced non-brokered private placement for gross proceeds of up to $1,500,000. WPC anticipates the Placement will close on or before March 22, 2016. The Placement will consist of up to 30,000,000 units at a price of $0.05 per Unit. Each Unit will consist of one (1) common share in the capital of the Company and one half (1/2 [...]
WPC Resources is pleased to report that it has retained Tetra Tech Inc. of Vancouver, British Columbia to perform an independent technical evaluatio of the Ulu Gold Property. The Technical Evaluation will focus on evaluating the mining and milling of the known Ulu mineral resources as per WPC's recent resource estimate (see news release dated July 14, 2015). Special consideration will be given to evaluate partial or [...]
WPC Resources is pleased to announce a non-brokered private placement of up to 30,000,000 units at a price of $0.05 per Unit for gross proceeds of $1,500,000. Each Unit will consist of one (1) common share in the capital of the Company and one half (1/2) non-transferable Common Share purchase warrant. Each full Warrant will entitle the holder to purchase one Common Share of the Company for a period of twenty four (24 [...]
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