PNG Copper Inc. is pleased to announce that it has closed the second and final tranche of a brokered private placement financing announced on January 27, 2023 . The first tranche of the Financing raised gross proceeds of $183,000 from the issuance of 18,300,000 units at a price of $0.01 per Unit. This final tranche of the Financing raised gross proceeds of $317,000 from the issuance of 31,700,000 Units at a price of $0.01 [...]
PNG Copper is pleased to announce that it has now filed its financial statements and related management discussion and analysis for the period ending September 30, 2022. On Nov 15, 2022, the Company announced that it would not be able to file the Required Filings by the filing deadline, Nov 29, 2022. In connection with the delay, the Company applied to the Ontario Securities Commission requesting a management cease trade [...]
PNG Copper announces that further to its news release dated Nov 15, 2022, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov 30, 2022, under National Policy 12-203 Management Cease Trade Order. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
PNG Copper announces that further to its news release dated Nov 15, 2022, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on November 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim [...]
PNG Copper announces that further to its news release dated Nov 15, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov. 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
PNG Copper announces that further to its news release dated Nov 15, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
Highlights Reconnaissance exploration, in August this year, has located Cu-bearing skarn-like mineralisation from the southeast Urua-Omu area. Highlights from sampling include 7.41 % Cu and 0.72 % Cu from a garnet-bearing skarn occurrence, noted over a 200 m x 50 m area. A gossanous float sample from the skarn zone assayed 0.22 % Cu. The presence of skarn associated with outcropping limestone in the area has long been [...]
PNG Copper announces that further to its news release dated November 15, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
PNG Copper Inc. announces that it will be unable to file its interim financial report, management discussion and analysis and related Certifying Officer certificates for the third quarter ended September 30, 2022 which are required to be filed on or before November 29, 2022 . In connection with the anticipated delay, the Company has applied to the Ontario Securities Commission requesting that a management cease trade [...]
PNG Copper announces that assay results have been received from the final drillhole of the recently completed four-hole drill program at the Doriri nickel-palladium-platinum prospect, Mt Suckling, Papua New Guinea. Highlights 14.10 m of 0.72% Ni, 0.53 g/t PGM in DOD008 from 13.35 m 10.70 m of 1.78% Ni, 0.67 g/t PGM in DOD003 from 2.80 m All eight holes intersected significant nickel and platinum-palladium Airborne and [...]
PNG Copper Inc. announces that assay results have been received from the first three drillholes of the recently completed four-hole drill program at the Doriri nickel-palladium-platinum prospect, Mt Suckling, Papua New Guinea. David Lindley, Interim CEO and responsible for the drilling of the present drillholes at Doriri and the previous 2012 drillholes, said, "The three drillholes have extended known [...]
PNG Copper Inc. is pleased to announce that it has completed certain obligations under the existing Option Agreement by issuance of Class A common shares in the capital of the Company . The Company settled outstanding obligations of CAD$450,000 with Papuan Minerals Pty Ltd. through the issuance of 10,102,041 Common Shares. The Company also completed a grant, pursuant to its Stock Option Plan, of options to certain [...]
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