Greencastle Resources Ltd. today announces the Company has reached an arrangement with Marburg Corp., whereby, Marburg shall be the sole subscriber to a Private Placement of 1,000,000 Greencastle units at $0.10. Each unit will consist of one common share and one common share purchase warrant exercisable for three years at $0.15. About Marburg Marburg is a private company based in Toronto, Canada focused on equities [...]
Greencastle Resources Ltd. today announces the Company has entered into an option agreement to earn an undivided 100% interest in the Mayflower Gold Property 35 km west of Atikokan, Northwestern Ontario. The Mayflower property consists of 64 claims covering the historic Mayflower gold mine workings in the emerging Rainy River - Atikokan gold district. Historic work between 1899 and 1928 resulted in the sinking of a 30 [...]
Greencastle Resources Ltd. is pleased to report encouraging drill results at Jewel Ridge, Nevada and receipt of two million common shares of Golden Lake Exploration Inc. "We are very encouraged by the Golden Lake results at Jewel as we turn our attention to the Seagrave property and the Red Lake area of NW Ontario. These are two of the world's great gold mining districts." commented Anthony Roodenburg, Greencastle, CEO [...]
Greencastle Resources Ltd. today announced the Company has entered into an option agreement to earn an undivided 100% interest in the Seagrave property. The property consists of 131 claim units in the Birch-Uchi Greenstone Belt, Red Lake Mining District in northwestern Ontario and is approximately 12 kilometers south of the Springpole Gold Deposit of First Mining Gold Corp. Anthony Roodenburg, Greencastle CEO, commented [...]
Greencastle Resources Ltd. is pleased to report sampling results from the Company’s Jewel Ridge gold property in Nevada where drilling is expected to begin later this month. Sampling Highlights Sampling carried out by Golden Lake Exploration Inc. at the A & E target area returned strong gold and silver values up to 5.48 grams per tonne and 324.0 grams per tonne silver and up to 14.20 g/t Au and 562.0 g/t Ag from the [...]
Greencastle Resources Ltd. wishes to announce that, subject to regulatory approval, it will conduct a normal course issuer bid. The Bid will be for up to 3,183,372 common shares of the Company over a period of one year, being approximately 8.2% of Company's issued and outstanding common shares and being 10% of the Public Float of the Company's issued and outstanding common shares, with up to 636,674 common shares of the [...]
Greencastle Resources Ltd. is pleased to report that Golden Lake Exploration Inc. has begun a ground magnetic survey on Greencastle's Jewel Ridge gold property near Eureka, Nevada, where GLM can earn a 100% interest, subject to certain conditions set out below. The Jewel Ridge property is located on the south end of Nevada's prolific Battle Mountain-Eureka trend, along strike and contiguous to Barrick Gold's [...]
Greencastle Resources Ltd. is pleased to announce an agreement with Golden Lake Exploration Inc. "GLM" for the 100% acquisition of Greencastle's Jewel Ridge gold property lease near Eureka, Nevada, in the heart of a major gold-producing district. Jewel Ridge is located on the south end of Nevada's prolific Battle Mountain - Eureka trend, strategically along strike and contiguous to the former Barrick Gold, two million [...]
Greencastle Resources Ltd. wishes to announce that, subject to regulatory approval, it will conduct a normal course issuer bid. The Bid will be for up to 3,332,872 common shares of the Company over a period of one year, being approximately 8.3% of Company’s issued and outstanding common shares and being 10% of the Public Float of the Company’s issued and outstanding common shares, with up to 802,353 common [...]
Greencastle Resources Ltd. has granted an aggregate of four million options to purchase common shares of the company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant. The options are exercisable at a price of $0.10 per share for a period of five years and were granted to certain officers, directors and consultants of the company. Anthony [...]
Greencastle Resources Ltd. wishes to announce that, subject to regulatory approval, it will conduct a normal course issuer bid. The Bid will be for up to 3,499,272 common shares of the Company over a period of one year (the "Bid Period"), being approximately 8.4% of Company's issued and outstanding common shares and being 10% of the Public Float (as that term is defined in the policies of the TSX Venture Exchange [...]
Greencastle Resources Ltd. is pleased to announce that the Company's subsidiary, Deveron UAS Corp. has entered into an agreement, whereby, they will receive gross proceeds of $960,000 for the sale of legacy assets not related to Deveron's rapidly expanding precision ag. drone / data services business. This sale, along with the proceeds from the Nechako disposition (Deveron release of August 17, 2016), brings the expected [...]
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