Financings of Exploration Companies in Newfoundland and Labrador

Great Atlantic Resources Establishes wholly Owned Subsidiary Golden Promise Mines

VANCOUVER, BC / ACCESSWIRE / September 6, 2023 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the "Company" or "Great Atlantic") is pleased to announce that it has established a wholly-owned subsidiary named Golden Promise Mines Inc. into which it will be transferring all of Great Atlantic's central Newfoundland gold properties including the Golden Promise Property, the Southwest Golden Promise Property, the West Golden Promise Property, the South Golden Promise Property, the East Golden…

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Maritime Resources Announces Closing of Acquisition of Point Rousse Mining from Signal Gold, US$5.0M Brokered Private Placement of Notes and Warrants and C$1.735M Non-Brokered Private Placement of Units

Toronto, Ontario--(Newsfile Corp. - August 21, 2023) -  Maritime Resources Corp. (TSXV: MAE) ("Maritime"or the"Company")is pleasedtoannounce the closing of its previously announced acquisition (the "Acquisition") of all of the outstanding shares of Point Rousse Mining Inc. ("Point Rousse") from Signal Gold Inc. ("Signal" or the "Vendor") and the closing of its two previously announced financings, including a US$5.0M principal amount brokered note and common share purchase warrant offering (the "Note Offering")and C$1.735M of…

Continue ReadingMaritime Resources Announces Closing of Acquisition of Point Rousse Mining from Signal Gold, US$5.0M Brokered Private Placement of Notes and Warrants and C$1.735M Non-Brokered Private Placement of Units

Gold Hunter Resources Closes Acquisition of Baie Verte Peninsula Properties, Joins the Mining Association of Newfoundland and Labrador

Vancouver, British Columbia–(Newsfile Corp. – July 24, 2023) – Gold Hunter Resources Inc. (CSE: HUNT) (“Gold Hunter“, “HUNT” or the “Company“) announces the closing acquisition of five mineral license packages adjacent to its Rambler Project (“the Rambler Project”), further to its news release issued July 13th, 2023, extending its land position by 239% to a total of 17,227.97 hectares. This strategic acquisition strengthens Gold Hunter‘s foothold in Newfoundland’s main mining district. Figure 1: Location map displaying…

Continue ReadingGold Hunter Resources Closes Acquisition of Baie Verte Peninsula Properties, Joins the Mining Association of Newfoundland and Labrador

Gold Hunter Resources Expands Its Baie Verte Peninsula Foothold; Launches $750,000 Financing

Vancouver, British Columbia–(Newsfile Corp. – July 13, 2023) – Gold Hunter Resources Inc. (CSE: HUNT) (“Gold Hunter“, “HUNT” or the “Company“) announces a significant expansion of its mineral claim holdings in the Baie Verte Peninsula, Newfoundland with the arm’s length acquisition of a 100%-interest in five separate properties (the “Acquired Properties“). The Acquired Properties are all adjacent to HUNT’s Rambler Project, which initially spanned 5,085.4 hectares. With the acquisition of the New Properties,…

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Maritime Resources Announces Purchase Agreement to Acquire Point Rousse Project from Signal Gold and Related Offering of up to US$5 Million of Convertible Senior Secured Notes

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) -  Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleasedtoannounce that it has entered into a share purchase agreement with Signal Gold Inc. ("Signal" or the "Vendor") dated June 16, 2023 pursuant to which the Vendor will sell, assign and transfer to the Company and the Company will purchase all of the shares of Point Rousse Mining Inc. (the "Transaction"), which owns all…

Continue ReadingMaritime Resources Announces Purchase Agreement to Acquire Point Rousse Project from Signal Gold and Related Offering of up to US$5 Million of Convertible Senior Secured Notes

Marathon Gold Announces Royalty Acquisition by Franco-Nevada and Flow-Through Offering

TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Corporation”; TSX: MOZ) is pleased to announce the sale of an additional 1.5% net smelter returns royalty (“NSR”) on its Valentine Gold Project (“Valentine” or the “Project”) to Franco-Nevada Corporation (“Franco-Nevada”) for US$45 million, resulting in Franco-Nevada holding an aggregate 3.0% NSR on the Project. In addition, Franco-Nevada has offered to purchase common shares of the Corporation comprising the entire back-end…

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New Found Announces $48 Million Investment by Eric Sprott – October 21, 2021

THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF NEW FOUND GOLD CORP.’S SECURITIES IN THE UNITED STATES Vancouver, BC, October 21, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, NYSE American: NFGC) is pleased to announce that it has arranged a non-brokered private placement with Mr. Eric Sprott of 5 million common shares of New…

Continue ReadingNew Found Announces $48 Million Investment by Eric Sprott – October 21, 2021

Precipitate Commences Field Work at Ace Gold Project in Newfoundland, Canada and Grants Stock Options -October 18, 2021

Vancouver, B.C. – October 18, 2021 - Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG, OTCQB: PREIF) is pleased to announce it has commenced exploration field work on the Ace Project (or the “Project”) located at the northern end of the highly prospective Exploits Subzone (Dunnage Tectonic Zone) of north-central Newfoundland, Canada. With a Newfoundland government permit to conduct prospecting and ground geophysics, the Company has started a project-wide prospecting and geological mapping…

Continue ReadingPrecipitate Commences Field Work at Ace Gold Project in Newfoundland, Canada and Grants Stock Options -October 18, 2021

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