ArcWest Exploration Inc. announces that it has granted a total of 1,940,000 stock options to certain directors, officers, employees and consultants to the Company, entitling them to purchase one common share for each option held at a price of $0.105 per share and valid for a period of five years. The options will vest in six equal tranches over fifteen months. "Tyler Ruks" Tyler Ruks, Chief Executive Officer and President [...]
ArcWest Exploration Inc. is pleased to provide an update on partner funded exploration activities, which include the following: A first phase drill program, airborne geophysical survey and satellite hyperspectral survey at Todd Creek , funded by partner P2 Gold Inc. The Todd Creek project is located 35 km southeast of Pretium Resources Inc.'s high grade Brucejack gold-silver mine and 45 km southeast of the giant KSM-Iron [...]
ArcWest Exploration Inc. is pleased to announce that Wedgemount Resources Corp. has entered into an agreement to explore ArcWest's Eagle property in northern British Columbia, located approximately 90 kilometers northwest of Fort St. James. The project is situated midway between several significant copper-gold deposits. Centerra Gold's Mt. Milligan mine is located approximately 50 kilometers to the east. The advanced [...]
ArcWest Exploration Inc. is pleased to announce that, further to its news releases of August 5, 2020 and August 12, 2020, it has closed its previously arranged a non-brokered private placement financing from gross proceeds $1,935,000, through the issuance of up to 19,350,000 units at a price of $0.10 per Unit . Each Unit consists of one common share of the Company, and one half of a share purchase warrant entitling the [...]
ArcWest Exploration Inc. is pleased to announce that, further to its news release of August 5, 2020, that due to significant demand, it has increased its previously arranged a non-brokered private placement financing from gross proceeds of up to $1,825,000 to gross proceeds of up to $1,935,000, through the issuance of up to 19,350,000 units at a price of $0.10 per Unit . Each Unit consists of one common share of the [...]
ArcWest Exploration Inc. is pleased to announce that it has arranged a non-brokered private placement financing for gross proceeds of up to $1,825,000 through the issuance of up to 18,250,000 units at a price of $0.10 per Unit . Each Unit consists of one common share of the Company, and one half of a share purchase warrant entitling the holder to acquire an additional common share of the Company for a period of three [...]
ArcWest Exploration Ltd. is pleased to announce that Central Timmins Exploration Corp. has entered into an agreement to explore ArcWest's Todd Creek property in northern British Columbia. The Todd Creek property is located in BC's Golden Triangle, approximately 35 kilometers southeast of Pretivm Resources Inc.'s Brucejack mine, and Seabridge Gold's giant KSM-Iron Cap porphyry copper-gold deposits. CTEC can earn an initial [...]
ArcWest Exploration Inc. is pleased to provide an update on partner-funded exploration activities planned for 2020. Collectively, ArcWest's porphyry copper-gold-molybdenum projects will undergo a minimum of $1,050,000 CAD in partner-funded exploration in 2020 including a first phase drill program at Teeta Creek ; as well as mapping, sampling and geophysical programs at NVI and the Oxide Peak projects . Details regarding [...]
ArcWest Exploration Inc. announces that, further to its news release of December 12, 2019, it has paid $62,500 and issued 1,960,784 common shares of the Company to 802213 Alberta Ltd. in respect of an option payment due to 802 under section 2.2 of the Todd Creek Funk Option agreement between ArcWest and 802, Kelly Funk and Geofine Exploration Consultants Inc. and ArcWest dated November 16, 2015, as amended December 14 [...]
ArcWest Exploration Ltd. is pleased to announce that Locrian Resources Inc , a privately held mineral exploration company that is partly owned by OceanaGold Corp., has entered into an agreement to explore ArcWest's Oxide Peak property in northern British Columbia. Locrian can earn an initial 60% interest in the Property by funding over a three-year period cumulative exploration expenditures of $2,400,000, and staged cash [...]
ArcWest Exploration Ltd is pleased to announce that Teck Resources Ltd. has entered into an agreement to explore ArcWest's NVI property in northern Vancouver Island, British Columbia. Teck can earn an initial 60% interest in the Property by funding over a four-year period cumulative exploration expenditures of $2,000,000 and staged cash payments of $150,000. A minimum exploration expenditure of $150,000 is required before [...]
ArcWest Exploration Inc. announces that it intends to pay $62,500 and issue 1,960,784 common shares of the Company to 802213 Alberta Ltd. in respect of an option payment due to 802 under section 2.2 of the Todd Creed Funk Option agreement between ArcWest and 802, Kelly Funk and Geofine Exploration Consultants Inc. and ArcWest dated November 16, 2015, as amended December 14, 2017. The shares are to be issued at a price of [...]
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