Coventry is pleased to announce the appointment of Mr Steven Chadwick as Interim President and CEO effective immediately. Mr Chadwick replaces Mr Mike Naylor who has resigned for medical reasons so he can focus on his recovery to full health. Since January 2013 Mr Chadwick has been Coventry’s Vice President of Operations. He is an experienced company executive so is highly capable of filling this role with minimal impact [...]
Coventry Resources is pleased to announce positive results from its recently completed 46 hole, 1,058 metre, overburden RC drill program at its Rainy River District Properties in the western part of southern Ontario. The Project comprises the Company’s mineral rights covering an area of 132.7 km² adjacent to the Rainy River Gold Deposit (owned by Rainy River Resources Limited). The Rainy River Gold Deposit is currently [...]
Coventry Resources is pleased to announce that, further to its April 19, 2013 news release, the escrowed proceeds from the Company's $6,000,000 prospectus offering have been released following the satisfaction of the escrow release conditions. In addition, an aggregate of 18,750,000 subscription receipts automatically converted, for no additional consideration, into 0.7 of one common share of the Company (a "Common Sha
Coventry is pleased to announce that shareholders of the Company have overwhelmingly approved the proposed resolutions at a special meeting of shareholders held on April 18, 2013, thereby satisfying one of the escrow release conditions governing the conversion of 18,750,000 subscription receipts of the Company (the "Subscription Receipts") and the release of C$4.2 million (A$4.0 million) from escrow in connection with the [...]
Coventry is pleased to announce that it has completed its previously announced unit offering in Canada and Australia for total gross proceeds of C$6.0 million through the issuance of 18.75 million units of the Company at a price of C$0.32 per Unit. In Canada, each Unit consists of 0.3 of one common share of the Company, plus one subscription receipt of the Company. In Australia, each Unit consists of 0.3 of one fully paid [...]
Coventry has filed its final short form prospectus with the securities regulatory authorities in each of the provinces of British Columbia, Alberta and Ontario in respect of its previously announced offering of 18,750,000 units at a price of C$0.32 per Unit for gross proceeds of C$6 million. The Offering is subject to a minimum of 18,750,000 Units being issued, failing which all subscriptions will be returned to [...]
Coventry announces that, as a result of a review by the British Columbia Securities Commission, it has removed from its website research reports prepared by Argonaut Securities Pty Ltd., an Australian investment dealer. The Argonaut Reports were posted to the Company's website in error following an overhaul of the Company's website subsequent to its recent merger with an ASX listed issuer. The Company regrets this [...]
Coventry is pleased to announce that the Company has commenced a 6,000 metre, overburden reverse circulation (RC) drill program on the Company's Rainy River District Properties in south western Ontario. The Project makes up the area's second largest land position in the District, located adjacent to the Rainy River Gold Deposit. Drilling will target gold and base metal anomalies generated from the Company's initial [...]
Coventry is pleased to announce that it has entered into an agreement with a syndicate of agents, co-led by Haywood Securities Inc. and Argonaut Securities Pty Ltd., to offer for sale, on a commercially reasonable efforts basis, up to 18.75 million units of the Company at a price of C$0.32 per Unit for gross proceeds of up to C$6.0 million. In Canada, each Unit will consist of 0.3 of one common share of the Company (each [...]
Coventry is pleased to announce it has appointed Mr. Robert Boaz to the board of the Company as an independent director. Mr Boaz graduated with honours from McMaster University of Hamilton, Ontario with a Bachelor of Arts in Economics and has a Masters Degree in Economics from York University in Toronto. He is a highly respected financial and economic strategist in Canadian bond and equity markets with experience related [...]
Coventry Resources Inc. has filed a National Instrument 43-101 compliant technical report regarding the preliminary economic assessment for the Cameron Gold Camp Project located in northwestern Ontario. As announced on January 15, 2013, the highlights of the PEA Study were:
Coventry is pleased to report it has completed the acquisition of 100% of the West Cedartree Gold Project, located 10km from the Company's Cameron Gold Deposit, from Houston Lake Mining. Commenting on the acquisition, Michael Naylor, President and CEO stated, "The acquisition of the West Cedartree Gold Project further consolidates the Company's interest in the mineral resources surrounding the Cameron Gold Deposit [...]
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