Bayridge Resources Corp. is pleased to announce the engagement of Geotech Ltd., to undertake a helicopter supported VTEM survey on its 1,337 ha Waterbury East uranium project in Canada's Athabasca Basin. "Bayridge is getting a quick start on exploration of its key Athabasca Basin assets with the imminent VTEM survey at Waterbury East," commented President & CEO Saf Dhillon. "The Company anticipates the results of the [...]
Bayridge Resources is pleased to announce the formation of an Advisory Council to assist in the further development of the Company and the appointment of Mining Industry Veteran R. Timothy Henneberry, P. Geo. as the Inaugural Advisor. Mr. Henneberry is a Professional Geoscientist registered in British Columbia with 44 years experience in domestic and international exploration and production for precious and base metals [...]
Bayridge Resources is pleased to announce the Company has engaged TerraLogic Exploration, to facilitate the 2024 exploration and development work programs on the Company's Waterbury East and Constellation uranium projects in Saskatchewan's prolific Athabasca Basin. The 1,337 ha Waterbury East project is located 25 km northeast of the Cigar Lake Mine in the northeastern Athabasca Basin region. Geophysical surveys have [...]
Bayridge Resources is pleased to announce that it has appointed Satvir "Saf" Dhillon as its new Chief Executive Officer and President and as a director of the Company. Mr. Dhillon replaces Gurcharn Deol in the role of Chief Executive Officer. Mr. Dhillon brings a wealth of experience in the areas of corporate finance, business acumen and international corporate contacts. He was part of the initial team that orchestrated [...]
Bayridge Resources is pleased to announce that it has engaged Financial Star News for marketing services for up to six months commencing on April 28, 2024 or until budget exhaustion, and that the term of the marketing services may be extended or shortened at the discretion of management depending on, amongst other things, the efficacy of the marketing services. FSN has and shall, as appropriate, create campaigns, ad [...]
Bayridge Resources is pleased to announce that it has closed its previously-announced non-brokered private placement for aggregate gross proceeds of $6,953,600 through the issuance of: 12,060,000 non-flow-through units at a price of $0.25 per NFT Unit for gross proceeds of $3,015,000; and 13,128,667 flow-through units at a price of $0.30 per FT Unit, for gross proceeds of $3,938,600 . Each NFT Unit is comprised of one [...]
Bayridge Resources is pleased to announce that, pursuant to its equity incentive plan, it has granted an aggregate of 600,000 incentive stock options to certain consultants of the Company. All of the Options vested on the date of grant. Each Option may be exercised for one common share in the capital of the Company at a price of $0.57 per Share. The Options expire on the date that is three years from the date of grant [...]
Bayridge Resources is pleased to announce that, further to its press release dated February 14, 2024, it has entered into definitive option agreements with CanAlaska Uranium to allow the Company to earn up to an 80% interest in each of CanAlaska's Waterbury East and Constellation Projects in the Athabasca Basin, Saskatchewan. Under the terms of the respective Option Agreements, Bayridge may earn up to an 80% interest in [...]
Bayridge Resources is pleased to announce a two-for-one share split of the Company's issued and outstanding common shares. Each shareholder of record of the Company as of the close of business on the record date, March 12, 2024, will receive one additional share for each share held on such date. The Company currently has 21,839,344 issued and outstanding common shares. Upon completion of the Subdivision, there will be [...]
Bayridge Resources is pleased to announce that it has entered into Letters of Intent with CanAlaska Uranium Ltd. to allow the Company to earn up to an 80% interest in each of CanAlaska's Waterbury East and Constellation Projects. Under the terms of the LOIs, Bayridge may earn up to an 80% interest in each of the Projects by undertaking work and making cash and share payments in three defined earn-in stages: an initial 40 [...]
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