Kenadyr Metals Corp.

Karus Gold Corp. provides an update on the proposed transaction with Kenadyr Metals Corp. as previously announced on December 30, 2022. Karus and Kenadyr continue to work to complete the Proposed Transaction and the definitive binding agreement between Karus and Kenadyr remains in force. Pursuant to the Agreement, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus via a Kenadyr issuance of [...]

Further to the press releases of each of Karus Gold Corp. and Kenadyr Metals Corp., dated December 30, 2022, Eric Sprott announces that 2176423 Ontario Ltd., a company which he beneficially owns, has entered into a voting support agreement with Karus Gold and Kenadyr Metals Corp. in connection with an arrangement agreement between Karus Gold and Kenadyr, pursuant to which Kenadyr will acquire 100% of the issued and [...]

Karus Gold Corp. announces it has entered into a definitive binding agreement to be acquired by Kenadyr Metals Corp. on the same terms previously announced on November 16, 2022. Per the Agreement, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus via a Kenadyr issuance of common shares resulting in a reverse takeover by Karus. The resulting issuer will be Kenadyr Metals Corp., a Tier 2 TSX-V [...]

Karus Gold Corp. announces it has signed a non-binding arm's length Letter of Intent to be acquired by Kenadyr Metals Corp. Per the LOI, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus via a Kenadyr issuance of common shares resulting in a reverse takeover by Karus. The resulting issuer will be Kenadyr Metals Corp., a Tier 2 TSX-V listed company. All dollar amounts are Canadian. Proposed [...]

Kenadyr Mining announces that effective on Tuesday, August 10, 2021, it will implement the previously announced share consolidation of its common shares on a ten for one basis and will change its name from "Kenadyr Mining Corp." to "Kenadyr Metals Corp.". The Company has received approval of the Name Change and Share Consolidation from the TSXV. Following the Name Change and Share Consolidation, the common shares are [...]

Kenadyr Mining Corp. is pleased to announce that it intends to consolidate its common shares on a ten for one basis and to change its name from "Kenadyr Mining Corp." to "Kenadyr Metals Corp.". The Company currently has 118,039,546 common shares issued and outstanding. Following the Share Consolidation, the Company will have approximately 11,803,955 common shares issued and outstanding prior to rounding for fractional [...]

Kenadyr Mining Corp. announces it has cancelled its letter of intent for the acquisition of 100% of Kamkor-Saryarka LLP, as announced on April 27, 2021. The parties could not agree to final terms to form a legally binding agreement. Additionally, the Bridge Financing, as announced on May 25, 2021, is also cancelled. Tim McCutcheon, Kenadyr's CEO, said: "I am disappointed in this turn of events, but remain optimistic about [...]

Kenadyr Mining Corp. announces that it has finalized the terms of its previously announced non-brokered private placement of convertible debentures in the principal amount of up to $200,000. The Debentures will mature twelve months from the date of issuance and bear interest at a rate of 20% per annum, payable on maturity. Repayment of the Principal Amount on the Debenture, together with interest accrued but unpaid, will [...]

Kenadyr Mining Corp. announces it has entered into a binding letter of intent dated April 23, 2021 to acquire 100% of the Kamkor Copper Project in Kazakhstan. Kamkor has a historical Kazakhstan-standard estimate of 30.9 million tonnes of mineralized material at 0.64% copper in the C1+C2 categories. The historical resource was constructed in 2006 and is pit constrained and based upon 35 drillholes and 24 surface trenches [...]

Kenadyr Mining Corp. continues to review its substantial database for the Borubai Project with a view to begin asset development once conditions permit. The Corporation has engaged APEX Geosciences Ltd. to examine drill data and make notes and recommendations. The East Zone, an area of mineralization approximately 1km away from the main Taldybulak Levoberezhniy mineralized zone , represents the primary drill-ready target [...]