Goldflare Exploration Inc.

Goldflare Exploration announces a new private placement offering presented to eligible investors, at a price of $0.045 per unit common share at a price of $0.045 + one warrant allowing the holder to acquire one common share at a price of $0.07 per share, for a period of 12 months following the closing of the Placement. The anticipated gross proceeds of the offering are expected to be $504,000 or 11,200,000 units. Closing [...]

Goldflare Exploration is pleased to announce that it is ready to initiate a new drilling phase on the Goldfields property, which borders the Fayolle pit operated by Iamgold. The Company has been working since 2020 to integrate drilling data and geophysical surveys that covered the property to generate a reliable exploration model. In 2023, gold results obtained over a lateral extension of 100 meters confirmed the gold [...]

Goldflare Exploration announces that its board of directors has approved a proposed share consolidation on a 5 to 1 basis, subject to the approval of a special resolution by the Company's shareholders at the upcoming annual and special meeting that will be held on August 21, 2024, compliance with the TSXV requirements and its approbation. Indeed, the Company's board of directors believes such a Consolidation is desirable [...]

Goldflare Exploration announces the closing of two private offerings: Common share private placement of $70,000 offered to eligible investors at a price of $0.015 per unit common share at a price of $0.015 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 36 months following the closing of the Placement. The issue totals 4,666,668 common shares. No finder's fees [...]

Goldflare Exploration announces that subscriptions for its current placements opened on June 27 exceeded the initial anticipated amounts, particularly in the flow-through placement which is showing sustained demand. Here are the details of the changes to the two placements in effect: The first private placement offering is presented to eligible investors, at a price of $0.015 per unit common share at a price of $0.015 [...]

Goldflare Exploration Inc. announces a private placement offering presented to eligible investors, at a price of $0.015 per unit common share at a price of $0.015 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 36 months following the closing of the Placement) . The anticipated gross proceeds of the offering are expected to be between $50,000 and 100,000$, which [...]

Goldflare Exploration wishes to announce that Mr. Michel Desjardins, currently President of the Board of Directors, has been appointed as the Chief Executive Officer of the Company. Mr. Desjardins succeeds Mr. Ghislain Morin, who, due to significant health issues, has decided to step down from his position. However, Mr. Morin will retain his role on the board of directors. All members of the management and the board would [...]

HIGHLIGHTS Drill program completed about 700 metres west from the Fayolle open pit. 2023 best results: 1.3 g/t over 22.8m in hole AIG-32-26. High grade interval of 113 g/t over 1m in hole AIG-23-13. Multiple exploration targets defined over 3.5km extension along the Porcupine-Destor Break. Goldflare Exploration Inc. is pleased to announce a follow up in the extension of the Goldfields gold zone, up to the Destorbelle [...]

Goldflare Exploration Inc. is pleased to announce the appointment of Mr. Michel Desjardins and Mr. Pierre Alexandre to the Board of Directors of the Company, as independent directors. Mr. Desjardins replaces Mr. Yves Dufour, independent director for Goldflare since November 2019, and will also act as Chairman of the board. For his part, Mr. Pierre Alexandre replaces Mr. André Gauthier, independent director for Goldflare [...]

Goldflare Exploration Inc. wishes to announce the resignation of Serge Roy as Vice-President, Strategy and Business as well as Chairman of the Board of the Company. All members of management and the Board of directors would like to thank Mr. Roy for the services he has provided since taking office in 2019. Resigning for personal reasons, Mr. Roy wanted to express his gratitude to the shareholders for their support in the [...]