Indigo Exploration announces that it has closed its over-subscribed non-brokered private placement previously announced on January 30, 2025, and extended March 13, 2025. The Company issued 22,090,737 Units at a price of $0.06/Unit for gross proceeds of $1,325,444.22. The Company paid a total of $88,434.10 in finder's fees and 1,473,902 non-transferable broker warrants at an exercise price of $0.10. Each Unit comprises one [...]
Indigo Exploration announces that, it has received an extension from the TSXV to complete its private placement offering of up to 20,000,000 units at a price of $0.06 per unit for gross proceeds of up to $1,200,000 previously announced on January 30, 2025. The outside date for the closing and filing all final documentation required by the TSX-V in respect of the Offering has been extended from March 16, 2024 to April 15 [...]
Indigo Exploration announces that the consolidation of the Company's issued and outstanding common shares on the basis of two pre consolidation shares for every one post consolidation share will occur on March 10, 2025. As of the date of this news release, the Company has 66,538,020 common shares issued and outstanding. Upon completion of the Consolidation, it is expected that there will be approximately 33,269,010 common [...]
Indigo Exploration announces that, subject to approval of the TSXV, the Company proposes to consolidate its common shares on a 2 for 1 basis. The board of directors believes that it is in the best interests of the Company to consolidate its common shares in order to provide increased flexibility in seeking additional financing opportunities, to pursue strategic business acquisitions, and to improve the market's perception [...]
Indigo Exploration Inc. is pleased to announce drill results from its Phase 1 48-hole drill program on its uranium project located in the past producing Shirley Basin of Wyoming. Greater than 90% of the holes encountered uranium intercepts. Indigo's 100% owned Hot Property covers a 5.75 km2 area of the Basin and has seen historic uranium exploration drilling completed between 1957 and 1981. The Project is located adjacent [...]
Indigo Exploration Inc. is pleased to announce that it has completed 48 of a planned 50-hole drill program on its highly prospective uranium project located in the past producing Shirley Basin of Wyoming. The Hot Property covers a 5.75 km2 area of the Basin and has seen over 200 uranium exploration holes completed between 1957 and 1975. The Project is located adjacent to Uranium Energy Corp.'s Shirley Basin project [...]
Indigo Exploration Inc. is pleased to announce that it has commenced a planned 50-hole drill program on its highly prospective uranium project located in the past producing Shirley Basin of Wyoming. The Hot Property covers a 5.75 km2 area of the Basin and has seen over 200 uranium exploration holes completed between 1957 and 1975. The Project is located adjacent to Uranium Energy Corp.'s Shirley Basin project, Ur-Energy [...]
Indigo Exploration Inc. is pleased to announce details of its upcoming Annual General Meeting and the availability of proxy-related materials. The Company has met all the conditions outlined in, and complied with Coordinated Blanket Order 51-931 - Temporary Exemption from requirements in National Instrument 51-102 Continuous Disclosure Requirements and National Instrument 54-101 Communication with Beneficial Owners of [...]
Indigo Exploration Inc. is pleased to announce that the TSX Venture Exchange has approved loans to the Company in the aggregate amount of $170,000 as previously announced on October 25, 2024. The loans bear interest of 10% per annum and have a one-year term. The Company plans to use the proceeds of the loans for exploration work on its Hot Property, a uranium project located in the past producing Shirley Basin of Wyoming [...]
Indigo Exploration is pleased to announce that it has entered into loan agreements with certain lenders pursuant to which an aggregate of $170,000 has been made available to the Company. The Company intends to use the proceeds from the Loan for exploration work on its Hot Property and for general working capital purposes. The loan agreements provide that any outstanding balance of the principal amount of each loan and the [...]
Indigo Exploration Inc. FSE: INEN) is pleased to announce that further to its news release dated July 9, 2024, it has received TSX Venture Exchange approval for and completed the acquisition of a 100% interest in the Hot Property , a highly prospective uranium project located in the past producing Shirley Basin of Wyoming, comprised of 71 unpatented mineral claims covering a 5.75 km2 area . The Hot Property claims have [...]
Indigo Exploration Inc. is pleased to announce that it has entered into an agreement to acquire a 100% interest in the Hot Property, a highly prospective uranium project located in the past producing Shirley Basin of Wyoming. The Hot Property, which is comprised of 71 unpatented mineral claims covering a 5.75 km2area, has seen extensive historical exploration dating back to the 1960's with over 200 holes drilled including [...]