District Metals Corp. is pleased to announce that it has granted a total of 1,065,000 incentive stock options to its directors, officers and consultants, which are exercisable for a period of five years from the date of grant at an exercise price of $0.20 per common share in the capital of the Company . The Options vest in three equal tranches over an eighteen-month period from the date of issue. The stock options are [...]
District Metals Corp. is pleased to announce changes to its Board and management. Ms. Joanna Cameron and Ms. Anna Ladd-Kruger have been appointed to the Board, replacing Mr. Hani Zabaneh and Mrs. Emily Davis. Mrs. Davis will continue as Corporate Secretary of the Company. Lastly, Mr. Galen McNamara will move from Vice President Exploration & Development to Technical Advisor for District Metals. [...]
MK2 Ventures Ltd. is pleased to announce that, further to its news release of May 2, 2019, it has completed the acquisition of the Bakar high grade copper property located on Northern Vancouver Island. As announced on May 24, 2019, the Company also acquired additional mineral claims contiguous to the northwest and southeast of the Bakar Property, increasing the size of the Bakar Property from 1,349 hectares to 15,687 [...]
MK2 Ventures Ltd. is pleased to announce that it has completed its previously announced airborne Versatile Time Domain Electromagnetic Plus survey on the Bakar high grade copper property, located on Northern Vancouver Island. As announced on May 2, 2019, the Company entered into a definitive purchase agreement dated May 1, 2019 with Longford Capital Corp. to acquire a 100% ownership interest in the Bakar Property. In [...]
MK2 Ventures Ltd. is pleased to announce that it intends to file an application with the TSX Venture Exchange to extend the expiry date of 4,400,000 common share purchase warrants of the Company originally issued as part of a private placement of units of the Company that closed on June 1, 2018. Each Warrant currently entitles the holder to purchase one common share of the Company at a price of $0.15 per common share [...]
MK2 Ventures Ltd. is pleased to announce that it has acquired additional mineral claims contiguous to the northwest and southeast, of the Bakar high grade copper property, located on Northern Vancouver Island. As announced on May 2, 2019, the Company entered into a definitive purchase agreement dated May 1, 2019 with Longford Capital Corp. to acquire a 100% ownership interest in the Bakar Property. The additional mineral [...]
MK2 Ventures Ltd. is pleased to announce that, after an extensive global search, including numerous comprehensive project reviews, it has entered into a definitive purchase agreement dated May 1, 2019 with Longford Capital Corp. to acquire a 100% ownership interest in the Bakar high grade copper property located on Northern Vancouver Island. Location and Regional Compilation for the Bakar Property The Bakar Property Based [...]
Global Minerals is pleased to announce it has filed on SEDAR the Preliminary Economic Assessment for its 100%-owned Strieborná silver-copper-antimony deposit in Slovakia. As previously announced, the PEA envisions an underground mine and conventional flotation milling operation with an initial seven year mine life. Mining output is modeled at 300 tonnes per day for the first two years, increasing to 500 tpd starting from year three. [...]
Global Minerals is pleased to announce the results of a positive Preliminary Economic Assessment for its 100%-owned Strieborná silver-copper-antimony deposit in Slovakia. The PEA envisions an underground mine and conventional flotation milling operation with an initial seven year mine life. Mining output is modeled at 300 tonnes per day for the first two years, increasing to 500 tpd starting from year three. Over the life of mine [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 20, 2014) - Global Minerals Ltd. (TSX VENTURE:CTG) is pleased to announce the release of its audited financial statements for the year ended June 30, 2014 (available on SEDAR). Key highlights include: Fiscal year 2014: Cash at year-end (30 June 2014) at $1,665,900 and no debt Working capital of $1,335,176 Equity financing of $3,256,000 closed on 7 February 2014 Subsequent [...]
Global announces it has increased and closed its previously announced non-brokered private placement and has issued 3,650,000 units at a price of $0.20 per Unit for aggregate proceeds of $730,000. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole Warrant is exercisable to purchase one common share at a price of $0.28 per share for a period of two years expiring August [...]
Global announces a non-brokered private placement of $700,000 through the issuance of 3,500,000 units at a price of $0.20 per Unit. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole Warrant is exercisable to purchase one common share at a price of $0.28 per share for a period of two years from the date of the close of the financing. The private placement is subject to [...]