Majescor Resources to Change Name to Albert Mining Inc. and Announces a $550,000 Non-brokered Private Placement
Majescor Resources to Change Name to Albert Mining Inc. and Announces a $550,000 Non-brokered Private Placement
Momentum Public Relations
Press Release: June 20, 2017
Ottawa, Ontario / TheNewswire / June 20, 2017 – Majescor Resources Inc. (“Majescor” or the “Corporation”) (TSX-V: MJX) announces that it has decided to change its corporate name to “Albert Mining Inc.” The Corporation has adopted the name “Albert Mining Inc.”, and will formalize its re-branding initiatives in the near future, to reflect the acquisition of the entire mining division of DIAGNOS, including the Computer Aided Resources Detection System (“CARDS”), Manageo (claims management), as well as all the exploration projects and Royalties.
The name change is designed to eliminate confusion and better align the Corporation’s name to its current identity as it focuses efforts on exploration, services using its 2D-3D CARDS system using Artificial Intelligence (AI) and datamining. The common shares of the Corporation will begin trading under the new name on the TSX Venture Exchange (“TSX-V”), upon acceptance by the TSX-V, which should be shortly following the Corporation’s next annual and special meeting of shareholders scheduled for July 14, 2017. The Corporation will also apply for a new CUSIP number and ticker symbol. In the interim, the Corporation will continue to trade under the symbol “MJX” on the TSX-V until further notice. The Corporation’s website has changed from www.majescor.com to www.albertmining.com.
Majescor announces a $550,000 non-brokered private placement (the “Offering”) comprised of $250,000 in flow through common shares at an issue price of $0.12 per share and $300,000 in non-flow through common shares at an issue price of $0.10 per share with one common share purchase warrant (the “Warrant”). Each Warrant entitles the holder thereof to acquire one additional common share in the capital of the Corporation at a price of $0.16 per share for a period of twenty-four (24) months following the closing of the Offering. All securities issued in the Offering are subject to a four-month and one day “hold” period. The proceeds of the Offering will be used for exploration on the Corporation’s James Bay Kimberlites project located close to the Stornoway Diamond Mine, and Currie Madeleine and Wachigabau gold projects located in the Lebel sur Quevillon region, Quebec.
About Majescor Resources Inc.
Majescor is a junior mining exploration company with an extensive portfolio of gold and diamond properties in Quebec. Majescor also recently acquired assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”).
For further information, please contact:
Michel Fontaine
President and CEO of Majescor Resources Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@majescor.com
Website: www.majescor.com
Additional information about the Corporation is available under Majescor’s profile on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Copyright (c) 2017 TheNewswire – All rights reserved.
- Published in Albert Mining, Mining, News Home
Sage Gold Announces Private Placement of Flow-Through Shares
Sage Gold Announces Private Placement of Flow-Through Shares
Momentum Public Relations
Press Release: June 13, 2017
TORONTO, ONTARIO–(Marketwired – June 13, 2017) – Sage Gold Inc. (“Sage Gold” or the “Corporation”) (TSX VENTURE:SGX) is pleased to announce that it intends to complete a non-brokered private placement (the “Offering”), subject to regulatory approval. The Offering will consist of the sale of 4.2 million common shares of the Corporation, on a Flow-Through share basis (“FT shares“) for gross proceeds of approximately $1.0 million. Eligible finders may receive in cash of up to 7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} and compensation share purchase warrants of up to 7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the Offering. Each share purchase warrant entitles the holder to purchase its holder to purchase one common share at an exercise price of $0.30 per share for a period of 36 months following the closing date, whereupon the warrants will expire.
The Corporation may at its discretion sell additional FT shares to raise additional proceeds of up to twenty-five per cent (25{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) of the Offering.
Securities issued pursuant to the Offering shall be subject to a four-month hold period commencing on the Closing Date under applicable Canadian securities laws. The Corporation intends to use the net proceeds from the Offering to incur Canadian Exploration Expenses (CEE) on its Clavos and Onaman properties.
The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.
About Sage Gold
The Company is a mineral exploration and development company which has primary interests in near-term production and exploration properties in Ontario. Its main properties are the 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Clavos Gold property (“Clavos Project“) in Timmins and the 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} owned Onaman property including the Lynx copper, gold, silver property and other exploration properties in the Beardmore-Geraldton Gold Camp.
Sage Gold currently plans to complete a reserve estimate and a prefeasibility study regarding the Clavos Project. In the event that a production decision is made that is not based on a feasibility study of mineral reserves demonstrating economic and technical viability prepared in accordance with National Instrument 43-101, readers are cautioned that there is increased uncertainty and higher risk of economic and technical failure associated with such production decisions.
Technical reports and information relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com and www.sagegoldinc.com.
CAUTIONARY STATEMENT
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward looking information and the Company cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of the Company included in this news release. This news release includes certain “forward-looking statements”, which often, but not always, can be identified by the use of words such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements with respect to the Company’s future plans, objectives or goals, to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, metallurgical processing, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as, but are not limited to: failure to identify mineral resources; failure to convert estimated mineral resources to reserves; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets, inflation, changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry; and those risks set out in the Company’s public documents filed on SEDAR. This list is not exhaustive of the factors that may affect any of the Company’s forward- looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Shares 68,486,783
Nigel Lees
President and CEO
416-204-3170
nlees@sagegoldinc.com
www.sagegoldinc.com
Inca One arranges $1.5-million private placement
Inca One arranges $1.5-million private placement
Momentum Public Relations
Press Release: June 9, 2017
Inca One Gold Corp. is undertaking a non-brokered private placement for gross proceeds of up to $1.5-million.
The private placement will consist of the issuance of 15 million units at a subscription price of 10 cents per unit. Each unit will comprise one common share of the company and one-half a common share purchase warrant. Each full warrant will be exercisable to purchase an additional share of the company at an exercise price of 15 cents for a period of 18 months from the closing date.
The proceeds from the offering will be used for operating cost reductions, plant infrastructure upgrades and mineral purchases. Insiders of the company may subscribe for units under the private placement. All securities issued in connection with the private placement will be subject to a statutory hold period of four months plus a day from the closing date in accordance with applicable securities legislation. Finders’ fees may be paid in connection with this offering. Closing of the private placement is subject to the approval of the TSX Venture Exchange.
About Inca One Gold Corp.
Inca One is a Canadian-based mineral processing company. The company’s activities consist of the production of gold and silver from the processing of purchased minerals located in Peru. The company purchases its minerals from government-registered, small-scale mining producers from various regions and processes them at its Chala One milling facility located in Chala, southern Peru.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Inca One Gold Corp, Mining, News Home
Puma Exploration Announces $1,000,000 Private Placement
Puma Exploration Announces $1,000,000 Private Placement
Momentum Public Relations
Press Release: June 6, 2017
RIMOUSKI, QUEBEC–(Marketwired – June 6, 2017) – Puma Exploration Inc. (TSX VENTURE:PUM)(SSE:PUMA) (the “Company” or “Puma”) announces that it has arranged a non-brokered private placement of 12,500,000 flow through units (“FT Units”) at a price of $0.08 per Unit for aggregate gross proceeds of $1,000,000 (the “FT Offering”). Each FT Unit will be comprised of one flow through common share (“FT Share”) and one half of one non-flow through Share purchase warrant of the Company (“Warrant”). Each whole Warrant will entitle the Subscriber to purchase one Share for a 24 month period after the Closing Date at an exercise price of $0.15 per share. Flow through proceeds raised will be used towards exploration on the Company’s Murray Brook property located in the Bathurst Mining Camp in New Brunswick.
The Company may, in its sole discretion, pay a finders’ fee to agents of the Company consisting of: (i) a cash fee in an amount of up to 8{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the proceeds raised by such finder as part of this Offering, (ii) a number of finder’s warrants entitling the holder thereof to purchase that number of Shares of the Company (“Finder’s Warrant”) that is equal to up to 8{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the number of units placed through the finder as part of this Offering. Each Finder’s Warrant will entitle the holder to purchase one Share for a period of 24 months from the closing date at an exercise price of $0.08 per Finder’s Warrant.
On May 04, 2017 Puma closed a first and final tranche of a private placement with qualified investors, employees, a consultant and existing security holders for gross proceeds of $140,000 and issued two million units at the price of seven cents per unit. Each unit comprises one common share and one full common share purchase warrant. Each warrant gives its holder the right to purchase one common share at a price of 15 cents per share until May 4th, 2017.
In connection with the offering, the company paid cash finders’ fees of $2,240 and issued 32,000 finders’ warrants that entitle the holder to acquire one additional common share of Puma at a price of seven cents for 24 months. All securities issued to purchasers and finders under the offering are subject to a four-month hold period from the date of issuance of the securities, pursuant to applicable securities legislation and the policies of the TSX Venture Exchange. The proceeds of the offering will be used for the exploration and development of Puma’s properties in New Brunswick and for general corporate purposes.
All transactions described herein have received the conditional approval of the TSX Venture Exchange.
About Puma Exploration Inc.
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company’s major assets are the 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} per-cent beneficial interest in the Murray Brook Property, the Turgeon Zinc-Copper Project, the Nicholas-Denys Project in New Brunswick and an equity interest in Black Widow Resources related to the Little Stull Lake Gold Project in Manitoba. Puma’s objective for the coming year is to focus its exploration efforts in New Brunswick.
You can visit us on Facebook and Twitter.
Learn more by consulting www.explorationpuma.com for further information on Puma Exploration Inc.
The contents of this press release were prepared by Marcel Robillard, P.Geo., a Qualified Person as defined in NI 43-101. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date the statements were made, except as required by law. Puma Exploration undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.
Puma Exploration Inc.
Marcel Robillard
President
(418) 724-0901
president@explorationpuma.com
www.explorationpuma.com
- Published in Mining, News Home, Puma Exploration
Savant Explorations Ltd. Announces $500,000 Financing
Savant Explorations Ltd. Announces $500,000 Financing
Momentum Public Relations
Press Release: June 5, 2017
VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 5, 2017) – Savant Explorations Ltd. (TSX VENTURE:SVT) (the “Company“) announces the Company has arranged a private placement of $500,000 at a price of $0.05 per common share, subject to regulatory approval. Certain insiders have agreed to participate and the common shares to be issued pursuant to this private placement will be subject to a hold period expiring four months and one day from closing. The proceeds will be used to advance the Company’s wholly-owned Blue Moon zinc project including initiating the baseline work for permitting, initial engineering work, obtaining permits for the anticipated drill program and general working capital.
About Savant
The Company is focused on the wholly-owned advanced stage Blue Moon Zinc project. The Blue Moon project has a current resource estimate of 2.62 million tons with a grade of 6.01{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} zinc in the Indicated category and 2.68 million tons with a grade of 5.98{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} zinc in the Inferred category plus significant values of copper, silver and gold. Historical metallurgical testing indicates favourable recoveries of zinc and other metals. A NI 43-101 report detailing the resource and summarizing metallurgical recoveries is available on the company’s website (www.savantexplorations.com) and filed on SEDAR on February 21, 2008. The Company plans to advance the project to feasibility and permitting.
Qualified Persons
Jack McClintock, P. Eng, a Director of the Company, is a qualified person as defined by NI 43-101, has reviewed the scientific and technical information that forms the basis for this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration and development drilling, exploitation and development activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedar.com.
Savant Explorations Ltd.
Patrick McGrath
CEO
1-832-499-6009
pmcgrath@bluemoonmining.com
www.savantexplorations.com
International Wastewater Systems arranges $2-million private placement
International Wastewater Systems arranges $2-million private placement
Momentum Public Relations
Press Release: May 29, 2017
International Wastewater Systems Inc. is offering, on a non- brokered private placement basis, up to 2,000 debenture units at a price of $1,000 per debenture unit for gross proceeds of up to $2-million.
Each debenture unit will consist of one $1,000 principal amount senior unsecured convertible debenture and 2,500 share purchase warrants, each exercisable into one common share of the company at 30 cents per share for a period of three years from the date of issuance.
The debentures will bear interest at a rate of 12 per cent per annum from the closing date of the placement and will mature on the date that is 36 months from the closing date. The debentures are convertible into shares at 30 cents per share at the option of the holder at any time until the maturity date, subject to adjustment in certain events.
Pursuant to the terms of the warrants, the company may abridge the exercise period of the warrants at any time after the date that is four months after the closing date and before the expiry of the warrants, if the volume weighted average closing price on the company’s shares on the Canadian Securities Exchange (or such other stock exchange on which the shares are traded if the company’s shares are no longer traded on the Canadian Securities Exchange) is for a period of 20 consecutive trading days greater than 60 cents by providing written notice to the warrantholders within 30 days of a trigger event. The warrants will, unless exercised, expire on the 30th day after the company provides such written notice to the warrantholders.
The company may pay finders’ fees in connection with the placement. Proceeds of the placement will be used to help facilitate expenditures required for the five contracts awarded to IWS previously announced on May 10, 2017, as well as Prospect Silicon Valley, which focuses on commercialization of the company’s heat exchange technologies in the central California, and for general working capital. All securities distributed pursuant to the placement will be subject to a statutory hold period of four months and a day from the date of issuance. The placement will not be offered in the United States. Closing of the placement is subject to receipt of all necessary regulatory approvals.
About International Wastewater Systems Inc.
International Wastewater is a world leader in thermal heat recovery. Its systems recycle thermal energy from waste water, generating the most energy-efficient and economical systems for heating, cooling and hot water for commercial, residential and industrial buildings.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Energy, Green Technology, International Wastewater Systems, News Home, Technology
Mobi724 Global Solutions Inc. Announces Closing of Private Placement Offering for Gross Proceeds of over 10M
Mobi724 Global Solutions Inc. Announces Closing of Private Placement Offering for Gross Proceeds of over 10M
Momentum Public Relations
Press Release: April 21, 2017
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (CSE:MOS)(CSE:MOS.CN) – a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces that it has successfully completed its private placement offering of special warrants (the “Special Warrants”), previously announced by news releases dated April 4, and April 6, 2017, issuing an aggregate of 29,538,203 Special Warrants at a price of $0.35 per Special Warrant for aggregate gross proceeds of $10,338,371.05, which includes the exercise by GMP Securities L.P. (“GMP”), as sole lead agent, of its option for an additional 2,395,346 Special Warrants.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For more information, please visit www.mobi724globalsolutions.com.
About Mobi724 Global Solutions
Mobi724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. Mobi724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. Mobi724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Mobi724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724globalsolutions.com
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
Deep-South arranges $350,000 private placement
Deep-South arranges $350,000 private placement
Momentum Public Relations
Press Release: April 13, 2017
Deep-South Resources Inc. will proceed with a non-brokered private placement for gross proceeds of up to $350,000.
The non-brokered private placement will comprise up to 1,590,909 units of Deep-South at a subscription price of 22 cents per unit. Each unit will consist of one common share and one common share purchase warrant of Deep-South. Each full warrant will entitle the holder thereof to purchase one Deep-South common share at an exercise price of 30 cents during a period of 36 months from the date of closing of the placement. Each security issued pursuant to the placement has a mandatory four-month holding period from the date of closing of the placement.
The private placement is subject to the approval of the TSX Venture Exchange.
About Deep-South Resources Inc.
Deep-South Resources is a mineral exploration company with a large Namibian shareholding, actively involved in the acquisition, exploration and development of major mineral properties in Namibia and Canada. Deep-South’s growth strategy is to focus on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure, in stable countries.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Deep South Resources Inc., Mining, News Home
Anfield Resources closes $2.88-million placement
Anfield Resources closes $2.88-million placement
Momentum Public Relations
Press Release: March 6, 2017
Mr. Corey Dias reports
ANFIELD RESOURCES INC. COMPLETES $2.9 MILLION PRIVATE PLACEMENT
Anfield Resources Inc. has completed its private placement of units at 10 cents announced on Feb. 21. The placement was oversubscribed and on closing the company issued 28,880,615 units for gross proceeds of $2,888,061. Each unit consists of one common share and a one share purchase warrant, with each warrant entitling the holder to acquire an additional common share at a price of 20 cents for a period of 24 months.
Corey Dias, Anfield’s chief executive officer, stated: “We are excited to have closed on a financing which is significantly larger than the $1.5-million private placement we had originally announced on Feb. 21. With these funds, Anfield will both advance its current projects and pursue acquisition opportunities as we remain extremely optimistic with regard to the uranium market and its future prospects. It is important to note that the 447 commercial nuclear reactors now operating in 31 countries across the world currently meet 11 per cent of global electricity demand; however, with 59 reactors currently under construction and a planned and proposed reactor pipeline totalling more than 500, it is clear that nuclear power will remain an integral part of the global energy mix.”
In connection with closing, the company paid fees of $22,050 and issued 220,500 warrants to eligible finders who introduced subscribers to the company. All securities issued in connection with the private placement are subject to a four-month-and-one-day statutory hold period. The proceeds of the private placement will be used for project development and general working capital purposes.
About Anfield Resources Inc.
The key asset in Anfield’s conventional uranium portfolio is the Shootaring Canyon mill in Garfield county, Utah. The Shootaring Canyon mill is strategically located within one of the historically most prolific uranium production areas in the United States, and is one of only three licensed uranium mills in the United States.
Anfield’s uranium assets consist of conventional mining claims and state leases in southeastern Utah, Colorado and Arizona, targeting areas where past uranium mining or prospecting occurred.
Anfield’s ISR (in situ recovery) mining projects are located in the Black Hills, Powder River basin, Great Divide basin, Laramie basin, Shirley basin and Wind River basin areas in Wyoming, and comprise 2,667 federal mining claims, 56 Wyoming state leases and 15 private leases acquired from Uranium One in September, 2016.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Anfield Resources, Mining, News Home