1844 Resources Inc. is pleased to provide an update with respect to its previously announced sale of the Lac Arsenault project to Canadian Gold Resources Ltd. . Pursuant to the terms of the Transaction, the Purchaser paid 1844 Six Hundred Thousand Canadian Dollars as follows: One hundred thousand Canadian dollars in cash; and 2,000,000 common shares of the Purchaser . Such common shares have a statutory hold period [...]
1844 Resources Inc. , is pleased to announce it has closed its previously announced non-brokered private placement of units . At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 . Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each whole Warrant entitles the holder thereof to [...]
1844 Resources Inc. announces that its previously announced amended and restated option agreement with Nickel North Exploration Corp. has terminated in accordance with the terms of the Amended and Restated Option Agreement due to market conditions. As a result, the Company has no right to acquire any interest in the Hawk Ridge property. With the termination of the Amended and Restated Option Agreement, the Company now [...]
1844 Resources Inc. , as previously announced, the Company has entered into an amended and restated option agreement with Nickel North Exploration Corp. with respect to the Hawk Ridge property in Quebec. In connection with the Option Agreement the Company previously announced a non-brokered private placement of up to 75,000,000 units at a price of $0.02 per Unit for aggregate gross proceeds of up to $1,500,000 . The [...]
1844 Resources Inc. is pleased to announce that the Company and Nickel North Exploration Corp. have agreed to extend the outside date of the amended and restated option agreement , previously announced on December 1, 2023. The effective date of the Amended and Restated Option Agreement, being two business days following the acceptance of the TSX Venture Exchange of the transactions contemplated by the Amended and Restated [...]
1844 Resources Inc. is pleased to provide an update with respect to its previously announced non-brokered private placement of units for aggregate gross proceeds of up to $1,000,000 and its previously announced amended and restated option agreement with Nickel North Exploration Corp. with respect to the Hawk Ridge property in Quebec. The Company increases its previously announced Unit Offering of up to 50,000,000 Units to [...]
1844 Resources Inc. is pleased to announce the closing of its non-brokered private placement of flow-through units previously announced on September 23, 2023 and November 10, 2023 . The Company issued 3,587,500 FT Units at a price of $0.03 per FT Unit for aggregate gross proceeds of $107,625. Each FT Unit consists of one common share, issued as a "flow-through share" within the meaning of the Income Tax Act , and one-half [...]
1844 Resources Inc. announces that, at the Annual General Meeting of Shareholders held December 15, 2022 , the Company's shareholders re-elected incumbent directors, Mr. Pierre-Yves Larose, Andrew Davidson, Tom MacNeill, Denis Clement and Sylvain Laberge. 1844 reports the resolutions re-appointing Davidson & Company LLP as auditors of the Company and approving the continuation of the Company's Omnibus Equity Incentive [...]
1844 Resources Inc. is pleased to announce that, further to the Company's news releases dated March 6, 2023 and September 23, 2023, the Company has entered into an amended and restated option agreement with Nickel North Exploration Corp. with respect to the option agreement between the parties dated March 6, 2023, as amended , relating to the Company's option to acquire the Hawk Ridge Project. Pursuant to the Amended and [...]
1844 Resources Inc. announces amendments to the terms of its non-brokered private placement of units previously announced on April 12, June 9, July 20 and September 23, 2023 and non-brokered private placement of flow-through units previously announced on September 23, 2023 . Pursuant to the amended terms of the Non-FT Unit Offering, the Company will issue up to 50,000,000 Non-FT Units at a price of $0.02 per Non-FT Unit [...]
1844 Resources Inc. announces a non-brokered private placement of 11,111,111 flow-through units at $0.045 per FT Unit for gross proceeds of $500,000. Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one half of one common share purchase warrant . Each FT Unit Warrant will entitle the holder thereof to purchase one [...]
1844 Resources Inc. further to the Company's news release dated June 9 and July 20, 2023, 1844 announces a 30 day extension of its previously announced non-brokered private placement to finalize remaining subscriptions and coordinate an orderly closing. The Company is keeping the same terms as previously announced and will raise up to 57,142,858 Units at $0.035 per Unit for gross proceeds of up to $2,000,000. The Units [...]