Confederation Minerals Ltd. is pleased to announce that further to its press release of March 2, 2020, the Company has completed the acquisition of all of the issued and outstanding shares of Canadian Shield Developments Corp. pursuant to the terms of a share exchange agreement effective March 20, 2020 among the Company, Canadian Shield and the shareholders of Canadian Shield. Canadian Shield is a Vancouver-based company [...]
Confederation Minerals Ltd. is pleased to announce that it has entered into a letter of intent effective February 28, 2020, which sets out the basic terms and conditions for the acquisition by the Company of all the issued and outstanding securities of Canadian Shield Developments Corp. in exchange for securities of the Company. Canadian Shield is a Vancouver-based company, incorporated pursuant to the Business [...]
Vancouver, British Columbia, Canada - TheNewswire February 11, 2020, Confederation Minerals Ltd. announces that effective as of the opening of trading on Wednesday, February 12, 2020, the consolidated common shares of the Company will commence trading on the TSX Venture Exchange on the basis of one post-consolidated common share for every two pre-consolidated common shares held . The Consolidation was authorized by the [...]
Confederation Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement . The Offering raised gross proceeds of approximately $1,000,000 by the issuance of 8,333,333 units at a price of $0.12 per Unit. Each Unit consists of one pre-consolidation common share and one transferrable share purchase warrant. Each Warrant entitles the holder to purchase one pre-consolidation [...]
Confederation Minerals Ltd. is pleased to announce that it will conduct a non-brokered private placement of 8,333,333 at a price of $0.12 per Unit for gross proceeds of up to $1,000,000. Each Unit will consist of one pre-consolidation common share and one transferrable share purchase warrant. Each Warrant will entitle the holder to purchase one pre-consolidation common share in the capital of the Company at a price of [...]
Confederation Minerals Ltd. announces that in accordance with the Company's Articles, its Board of Directors has authorized the implementation of a share consolidation of the Company's common shares on the basis of two pre consolidation common shares for one post-consolidated common share . The Consolidation will provide the Company with a better capital structure in order to attract financing. The Consolidation is [...]
Vancouver, B.C. - TheNewswire - September 13, 2019; Confederation Minerals Ltd., announces that Mr. David Velisek has resigned as President of the Company. Mr. James Lenec has been appointed to the Board of Directors and President of the Company and the subsidiary of the Company, 1106877 BC Ltd. . Mr. James Lenec has given his consent to act as the president and director of the Company and the Subsidiary effective [...]
Confederation Minerals Ltd., announces that Savio Chiu has resigned as Chief Financial Officer & Corporate Secretary of the Company. The directors would like to thank Mr. Chiu for his work with the Company and wish him all the success in his future endeavours. With the resignation of Mr. Chiu, Ms. Queenie Kuang has given her consent to act as an Officer of the Company effective immediately. In that capacity, Ms. Kuang [...]
wp] announces the resignation of Michael Collins as the VP of Exploration effective May 31st, 2019, to pursue other business opportunities. The Company expresses its appreciation to Mr. Collins and thanks him for his invaluable contributions over his tenure. On behalf of the Board of Directors, Confederation Minerals Ltd. "David Velisek" David Velisek Interim President and CEO CORPORATE INQUIRIES Confederation Minerals[...]
Vancouver, B.C. / TheNewswire / May 27, 2019 Confederation Minerals Ltd.. is pleased to announce that it has signed a definitive share purchase agreement dated May 27, 2019 to acquire a private company whereby Confederation will acquire certain exploration properties to significantly expand its land holdings in the Red Lake Gold Mining District, Ontario. Under the terms of the Agreement between Confederation and the [...]
Confederation Minerals Ltd.. announces that further to its news releases of May 2 and June 15, 2018, the Company has settled a total of $200,000 of debt by the issuance of a total of 597,014 common shares in the capital of the Company at a deemed price of $0.335 per Share . The Shares for Debt Settlement is with one arm's length party and one related party with 298,507 Shares issued to the Related Party. The issuance of [...]
Confederation Minerals announces that further to its news release of May 2, 2018 announcing the proposed settlement of a total of $200,000 of debt by the issuance of 597,014 common shares of the Company at a deemed price of $0.335 per common share that the Shares for Debt Settlement is with one arm's length party and one related party, not two arm's length parties as previously disclosed. The Company will issue 298,507 [...]
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