Colorado Resources announces that it has completed a financing of an aggregate of 15,267,855 flow-through subscription receipts issued at a price of $0.12 per subscription receipt and 22,069,928 non-flow-through subscription receipts at a price of $0.085 per subscription receipt for aggregate gross proceeds of approximately $3,708,086 . The net [...]
Further to the news releases of May 8 and 27 and July 2, 2019 of Colorado Resources Ltd. and Buckingham Copper Corp., Colorado wishes to announce an overallotment provision of up to $1,750,000 in the current subscription receipt financing. The provision is made to accommodate Newmont Goldcorp Corporation's existing rights to maintain or increase [...]
Colorado Resources Ltd. and Buckingham Copper Corp. are pleased to announce that they have signed the binding Arrangement Agreement that will result in the acquisition of Buckingham by Colorado, along with the addition of new Colorado Board members and management, and a minimum $2.5 million concurrent financing. The acquisition of Buckingham by [...]
Colorado Resources Ltd. is pleased to announce the appointment, effective immediately, of Mr. Eric Casey as Chief Financial Officer of the Company. Mr. Casey is a Chartered Professional Accountant who has provided financial and controller services to several TSX Venture-listed mining companies. His experience includes assisting in several capital [...]
Further to the joint press release dated May 8, 2019, Colorado Resources Ltd. and Buckingham Copper Corp. are pleased to announce that they have received over $2.5 million in financing commitment letters with respect to the subscription receipt private placement of Buckingham being undertaken jointly with the proposed acquisition by Colorado of [...]
Colorado Resources Ltd. and Buckingham Copper Corp. are pleased to announce that they have entered into a non-binding letter of intent contemplating a potential acquisition by Colorado of all of the issued and outstanding common shares of Buckingham . Proposed Transaction Highlights Adds key ground to Colorado's Golden Triangle land package [...]
Colorado Resources Ltd. announces that it has resolved all outstanding matters that were in dispute with Mr. Travis, the Company’s former Chief Executive Officer, and his company and has entered into a settlement agreement with respect to the final settlement of all matters. The Company wishes Mr. Travis, who remains a significant shareholder [...]
Colorado Resources Ltd. is pleased to announce completion of the 2018 drilling program at its KSP property, located in British Columbia’s prolific Golden Triangle region . Map 1. Location of the principle mineral prospects within the KSP claims and 2018 drill targets described in this news release. Map 2. Location of copper and gold soil [...]
Colorado Resources Ltd. is pleased to announce receipt of permits for the construction of ten diamond drill platforms at its 100% owned, 178 sq. km Kinaskan-Castle property located 4 km west of the GT Gold Corp.’s1 Tatogga Property1 in British Columbia’s prolific Golden Triangle. GT Gold Corp.1 recently announced newly discovered Au-Cu [...]
Colorado Resources Ltd. announces commencement of a review of strategic alternatives to enhance shareholder value. As part of the review process, the Company has engaged Fort Capital, an independent financial advisory company specializing in providing advice to resource companies, to assist the Board in its evaluation of alternatives available to [...]
Colorado Resources Ltd. is pleased to announce diamond drilling results from its 100% owned KSP property located in British Columbia’s prolific Golden Triangle region. As previously announced on July 16, 2018, diamond drilling on the 308 sq. km KSP Property has tested two step-out targets around the historic Inel basin area, including the Big [...]
VANCOUVER, British Columbia, July 16, 2018 -- Colorado Resources Ltd. is pleased to announce initiation of diamond drilling at its 100% owned KSP property located in British Columbia’s prolific Golden Triangle region. As previously announced on June 6, 2018, diamond drilling on the 308 sq. km KSP Property will follow-up on multiple previously [...]
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