Pampa Metals and Rugby Resources are pleased to advise they have closed the Private Placements detailed in Feb 5 and Feb 24, 2025 News Releases, respectively. Pampa Metals Private Placement Pampa Metals has received commitments for the announced 18,750,000 Units at a price of $0.16 per Unit for total gross proceeds of $3,000,000. Each Unit consists of one fully paid common share and a half purchase warrant. Each whole [...]
Rugby Resources Ltd. announces a non-brokered private placement offering of up to 100,000,000 units at a price of $0.025 per Unit for gross proceeds of up to $2,500,000 . Each Unit will consist of one common share of the Company and one half of a common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of 36 months following the [...]
Pampa Metals Corp. and Rugby Resources Ltd. are pleased to advise they have executed a binding letter agreement contemplating the acquisition by Pampa Metals of 100% of Rugby's shares . Highlights Transaction to create a leading South American focussed copper explorer holding two significant discoveries on the world's premier copper producing belt. Focussed strategy to create substantial shareholder value through: Rapid [...]
Rugby Resources Ltd. is pleased to report the completion of a detailed ground magnetics survey on its El Zanjon property in the Santa Cruz Province, Argentina. With that survey completed, the Company has sufficiently delineated multiple gold-silver targets for drill targeting. Importantly, the Company recently received approval for 28 exploration drill holes. Yale Simpson, Rugby Chairman stated, "El Zanjon was acquired to [...]
Rugby Resources Ltd. reports that it has terminated the previously announced private placement financing and has postponed plans to drill the Cobrasco Copper Project in the coming weeks. The decisions result from a change to regulations in Colombia that govern drilling activities in forest reserves. The Company will now assess how to move the project forward under the changed rules. In 2022, Resolution 110 was introduced [...]
Rugby Resources announces that due to subscriber demand, its board of directors has approved an increase to its private placement offering. The increased offering will consist of up to 81,840,000 Units , up from the 60,000,000 Units previously announced on November 18, 2024. The terms of the private placement financing will remain the same and each Unit will be offered at a price of $0.05 per Unit for gross proceeds of [...]
Rugby Resources Ltd. is pleased to provide the voting results from its Annual General & Special Meeting that was held on December 5th in Vancouver, British Columbia. A total of 80,582,317 common shares of the Company were voted, representing 25.45% of the Company's outstanding shares. Shareholders voted in favour of all applicable items of business set before the meeting, as follows: Percentage of Votes Cast Number of [...]
Rugby Resources Ltd. announces that its board of directors has approved a proposed private placement offering of up to 60,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $3,000,000 . Each Unit will consist of one common share and one half common share purchase warrant . Each full Warrant Half Warrants together) will entitle the holder thereof to purchase one additional common share of the Company [...]
Rugby Resources Ltd. is pleased to announce that further to the news releases dated May 27 and 30, 2024, it has closed an oversubscribed non-brokered private placement and will issue 18,440,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $922,000 . Each Unit consists of one common share and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one [...]
Rugby Resources announces that due to subscriber demand, its board of directors has approved an increase to its private placement offering. The increased offering will consist of up to 18,440,000 units, up from the 10,000,000 Units previously announced on May 27, 2024. The terms of the private placement financing will remain the same and each Unit will be offered at a price of $0.05 per Unit for gross proceeds of [...]
Rugby Resources Ltd. announces that its board of directors has approved a proposed private placement offering of up to 10,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $500,000 . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of two years from the [...]
Rugby Resources Ltd., is pleased to announce the receipt of environmental approval for drilling on the El Zanjon Project south of the Cerro Vanguardia gold-silver mine . Drilling water supplies have also been approved. A pre-drilling campaign of ground magnetics and geochemistry can now proceed ahead of a planned 28-hole drilling program. Zanjon is situated in the Chon Aike Formation of the Deseado Massif, a region of [...]