Azarga Metals Corp. is pleased to announce that it has initiated an induced polarization survey at its high-grade copper-rich Volcanogenic Massive Sulphide Marg project within the Keno Hill Silver District, Yukon Territory. President, CEO and Director, Gordon Tainton, said: "Abitibi Geophysics has commenced a 27 line-kilometre program using its proprietary OreVision® induced polarization survey method at the Company's [...]
Azarga Metals Corp. is pleased to announce that it has closed the first tranche of its non-brokered private placement raising gross proceeds of $293,750 through the issuance of 19,583,335 units . The terms of the Private Placement, including a description of the Units, are contained in the Company's press release announced on August 29, 2022. The Units and any shares issuable on the exercise of the share purchase warrants [...]
Azarga Metals Corp. is pleased to announce a non-brokered private placement of up to 40,000,000 units at a price of $0.015 per Unit, for gross proceeds of up to $600,000. Each Unit is comprised of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.05 per share, for a period of three years from the date [...]
Azarga Metals Corp. is pleased to report that all resolutions put forward at the Annual General and Special Meeting of the Company's shareholders held on July 8, 2022, as further described in the Company's information circular dated June 3, 2022 were approved, including the Company's replacement 10% "rolling" stock option plan and a new equity incentive plan . The Board of Directors approved the Option Plan and Equity [...]
Azarga Metals Corp. is pleased to announce that it has closed the agreement with Baker Steel Resources Trust Limited announced on April 19, 2022. Pursuant to the Agreement, Azarga Metals has granted BSRT the option to acquire Azarga Metal's Unkur project until December 31, 2023 , after which the Unkur Option will automatically expire. Upon closing the Agreement, BSRT exercised its right to convert the US$3.5 million loan [...]
Azarga Metals Corp. is pleased to announce the appointment of Doris Meyer as a director. The number of directors of the Company is now restored to three by this appointment. Doris Meyer is the Corporate Secretary of the Company. She gained her early experience in the mining industry as Vice President Finance of Queenstake Resources Ltd. from 1985 to 2003. Ms. Meyer launched her private company Golden Oak in October 1996 [...]
Azarga Metals Corp. is pleased to announce that it has executed a definitive agreement to supersede the binding letter of intent with Baker Steel Resources Trust Limited announced on April 19, 2022. BSRT has agreed, subject to receipt of all required regulatory approvals, to convert the US$3.5 million loan between Azarga Metals and BSRT at a fixed Canadian dollar equivalent value of C$4.7 million, with a conversion price [...]
Azarga Metals Corp. reports that the board of directors of Azarga Metals granted a total of 4,500,000 incentive stock options of the capital stock of the Company to directors and officers exercisable for up to a five year period at an exercise price of $0.05, being the closing share price on April 20, 2022, pursuant to the Azarga Metals shareholder approved stock option plan. Vladimir Pakhomov has resigned from the Board [...]
Azarga Metals Corp. is pleased to announce that it has executed a binding letter of intent with Baker Steel Resources Trust Limited agreeing the terms and conditions whereby BSRT will exercise its right to convert the US$3.5 million loan made under the secured convertible loan facility between Azarga Metals and BSRT. The Loan will be converted at a fixed Canadian dollar equivalent value of C$4.7 million, with a conversion [...]
Azarga Metals Corp. has posted an updated corporate presentation on its website, www.azargametals.com, focused on the Company's 100% owned high-grade copper-rich VMS Marg project, within the Keno Hill Silver District, Yukon Territory. President, CEO and Director, Gordon Tainton, said: "We recently obtained access to the VTEM database of the airborne geophysical program previously conducted by GeoTech, Ontario. This [...]
Azarga Metals Corp. announces that Trevor Steel has resigned as a director, effective immediately. The Board wishes to thank Mr. Steel for his many valuable contributions to the Company during his tenure as a director and wishes him well in the future. Azarga Metals Corp. "Gordon Tainton" Gordon Tainton President and CEO For further information please contact: Doris Meyer, at +1 604 536-2711 ext. 3, visit [...]
Azarga Metals Corp. is pleased to announce that it has signed a binding agreement with Golden Predator Mining Corp. to acquire the Marg copper-rich VMS project , located in Central Yukon. The Agreement supersedes the non-binding term sheet announced on 14 July 2021. President, CEO and Director, Gordon Tainton, said: "We're very excited about the Marg Project. Azarga Metal's technical due diligence has indicated that Marg [...]