Signature Resources Ltd. is pleased to announce that it has completed its initial field program and commenced its 2024 drill program. As a result of the field program, we now have a better understanding of some of the structural controls including fold axis and plunge direction that should assist during the current drilling campaign. During the field program, 101 samples were collected and are currently being analyzed at [...]
Signature Resources Ltd. is pleased to announce that it has closed its previously announced upsized offering and is issuing 10,900,000 flow-through shares and 31,143,506 non-flow-through shares each priced at $0.05 per share for gross proceeds of $2,102,175. On May 2, 2024 the Company announced that it was launching a non-brokered private placement of FT Shares and NFT Shares for gross proceeds of up to C$1,000,000 . On [...]
Signature Resources Ltd. is pleased to announce that the Company has received its exploration permit, number PR-21-000218, for the Lingman Lake project. The permit covers 197 claims surrounding the patented claims. The permit is in effect for three years, allowing the Company to complete its 2024 planned drilling campaign as well as expanded drilling operations in the coming years once the Company has reviewed the results [...]
Signature Resources Ltd. is pleased to announce that the Company is offering a non-brokered private placement of flow-through shares and non-flow-through shares for gross proceeds of up to C$1,000,000 . Over half of the Offering is expected to be subscribed for by members of the Company's board of directors and management. Each FT Share is being offered at C$0.05 per share and each NFT Share is being offered at a price of [...]
Signature Resources Ltd. is pleased to announce that its contractor Watts, Griffin, McOuat has completed updating its geologic model by incorporating the historical drilling completed in the 1980's. This was an important step in our roadmap to defining the prospects of the Lingman Lake Project and delivering on our objectives for 2024. With the addition of the 1980's drilling to the geologic model, we have significantly [...]
Signature Resources Ltd. is pleased to announce that the Company has upsized and completed its non-brokered private placement of flow-through shares and non-flow-through shares for gross proceeds of C$696,250 increased from the previously announced offering amount of C$600,000. The offering is comprised of 20,045,455 FT shares at C$0.0275 per share and 5,800,000 NFT Shares at a price of C$0.025. Twenty percent of the [...]
Signature Resources Ltd. is pleased to announce that the Company is offering a non-brokered private placement of flow-through shares and non-flow-through shares for gross proceeds of up to C$600,000 . Nearly twenty percent of the Offering is expected to be subscribed for by members of the Company's board of directors and management. Each FT Share is being offered at C$0.0275 per share and each NFT Share is being offered [...]
Signature Resources Ltd. is pleased to announce the results of voting at its annual general and special meeting of the shareholders which was held today . All matters submitted to the shareholders, as set out in the Company's Notice of Meeting and Management Information Circular, were approved by the requisite majority of votes cast at the Meeting. Election of Directors Shareholders approved the election of the five [...]
Signature Resources Ltd. announces it has completed the previously announced strategic review process and geologic model review . [See PR dated November 15, 2022]. As part of the Reviews and recent Corporate Restructuring, the Company has: Engaged Watts, Griffis, and McQuat Limited to complete a review of its geologic modeling and data and provide recommendations that would lead to an optimum outcome for resource estimation. Completed a corporate [...]
Signature Resources Ltd. announces that further to its press release dated March 8, 2023 it has completed its shares for debt transaction whereby an aggregate of $217,402 of the Company's outstanding debt was settled by way of the issuance of 5,435,050 common shares in the capital of the Company to two non-arms length creditors at a deemed price of $0.04 per Share . The Company confirms that the debt settled in this [...]
Signature Resources Ltd. is pleased to announce that it has closed a non-brokered private placement . Pursuant to the Offering, the Company has issued 20,325,000 common shares for aggregate gross proceeds of C$813,000. Each Share was issued at a price of C$0.04. Insiders of the Company purchased or acquired direction and control over a total of 14,564,950 Shares under the Offering. The placement to those persons [...]
Signature Resources Ltd. announces that it has increased the size of its previously announced non-brokered private placement from aggregate gross proceeds of C$900,000 to aggregate gross proceeds of C$1,030,402 . The Offering will consist of the sale of common shares of the Company at a price of C$0.04 per common share. The Company has received commitments for over half of the Offering from members of the Company's board [...]
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