Foundation Resources is pleased to announce it has exercised its option right under an option agreement dated May 20, 2009, pursuant to which Foundation has acquired a 60% interest in the Coldstream project in western Ontario, from Alto Ventures Ltd. In order to complete the acquisition of its interest, Foundation issued 1,000,000 common shares and [...]
Foundation Resources is pleased to announce that it has entered into an agreement in connection with a private placement offering of up to 5,883,000 flow through units at a price of $0.34 per FT Unit and up to 3,226,000 units at a price of $0.31 per Unit for aggregate gross proceeds of up to $3,000,280 (the "Offering"). Each FT Unit shall consist [...]
Foundation Resources is pleased to announce assay results from two additional drill holes of its recently completed 8,000 metre summer drill program on the East Coldstream Deposit located within its Coldstream Property in Ontario. Foundation, the operator of the program, has an option to earn up to a 70% interest in the Property from Alto Ventures [...]
Foundation Resources is pleased to announce assay results from five more completed drill holes of its 8,000 metre summer drill program on the East Coldstream Deposit located within its Coldstream Property in Ontario. Foundation, the operator of the program, has an option to earn up to a 70% interest in the Property from Alto Ventures Ltd.