Western Pacific Resources Corp. is pleased to announce that it has arranged a private placement of up to US$650,000, issuable in two tranches, in unsecured convertible notes to Quintana WRP Holding Company LLC. The principal amount of the Notes will be convertible at the option of the Placee into common shares of the Company at a price of CAD$0.1215 per share. The closing of the first tranche in the amount of US$355,000 [...]
Western Pacific Resources announces the completion of the diamond drill program at the Deer Trail Mine, located in Piute County, Utah. The Company exceeded its planned program by drilling 19,131 ft in a total of 46 holes. The company is now assessing the results of the drill program and performing metallurgical analysis with the goal of evaluating the viability of bringing the mine back into production. Assays for a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 2, 2014) - Western Pacific Resources Corp. ("Western Pacific" or the "Company") (TSX VENTURE:WRP) is pleased to announce positive results from its ongoing diamond drill program at the Deer Trail Mine, located in Piute County, Utah. On August 20, 2014, a total of 14 holes of a 50 hole program had been completed. These 14 holes consist of 4,052 feet of drilling from two [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 10, 2014) - Western Pacific Resources Corp. (the "Company") (TSX VENTURE:WRP) is pleased to announce that it has received an additional US$600,000 from Quintana WRP Holding Company LLC ("Quintana WRP") pursuant to the Company's convertible note financing completed in February 2014. The Company has issued to Quintana WRP an unsecured convertible note in the amount of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 31, 2014) - Western Pacific Resources Corp. (the "Company") (TSX VENTURE:WRP) is pleased to announce that it has received an additional US$1.0 million from Quintana WRP Holding Company LLC ("Quintana WRP") pursuant to the Company's convertible note financing completed in February 2014. The Company has issued to Quintana WRP an unsecured convertible note in the amount of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 9, 2014) - Western Pacific Resources Corp. ("Western Pacific" or the "Company") (TSX VENTURE:WRP) announces the commencement of a 5,500 m (18,000 ft) core drilling program at the Company's Deer Trail property, located in Piute County, Utah. The program is designed to confirm the continuity of mineralization, with the goal of recommencing production at Deer Trail. The Deer [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2014) - Western Pacific Resources Corp. (the "Company") (TSX VENTURE:WRP) has granted incentive stock options to purchase up to 1,080,000 common shares of the Company exercisable for a period of five years at $0.135 per share. The options are subject to the terms of the Company's stock option plan and vesting provisions. About Western Pacific Resources Corp. Western [...]
VANCOUVER, May 23, 2014 /CNW/ - Western Pacific Resources Corp. (the "Company") (WRP - TSXV) has granted incentive stock options to purchase up to 1,650,000 common shares of the Company exercisable for a period of five years at $0.13 per share. The options are subject to the terms of the Company's stock option plan and vesting provisions. About Western Pacific Resources Corp. Western Pacific is focused on developing [...]
VANCOUVER, May 22, 2014 /CNW/ - Western Pacific Resources Corp. (the "Company") (WRP - TSXV) is pleased to provide a progress report on the development of its Deer Trail Mine in Utah and announce it has received additional financing from Quintana. Upon closing of the acquisition and financing in February 2014, the Company immediately began an aggressive schedule of advancing the project. Electrical upgrades and [...]
VANCOUVER, Feb. 25, 2014 /CNW/ - Western Pacific Resources Corp. (WRP - TSXV) announces that in order to preserve its current cash position, it proposes to issue up to 500,000 common shares in its capital stock in order to settle an outstanding debt in the amount of $70,000. The issuance of shares represents a severance payment to former CEO, Mr. Warwick Smith, and is subject to approval by the TSX Venture Exchange [...]
VANCOUVER, Feb. 24, 2014 /CNW/ - Western Pacific Resources Corp. (WRP - TSXV) is pleased to announce that it has completed the acquisition, through its U.S. subsidiary, Western Pacific Resources (U.S.) Corp. ("Western US"), of the Deer Trail Mine located in Piute County, Utah from the Deer Trail Mining Company, LLC ("DTMC"), a subsidiary of Unico, Inc. Concurrently with the acquisition of the DTM project, Western [...]
VANCOUVER, Jan. 14, 2014 /CNW/ - Western Pacific Resources Corp. ("Western Pacific" or the "Company") (WRP - TSXV) is pleased to announce the voting results at the Company's annual and special meeting held today. Shareholders voted overwhelmingly in favour of all matters brought before the meeting including the appointment of auditors for the ensuing year; the election of management's nominees as directors; and approval [...]
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