Rupert Resources Ltd. is pleased to announce that it has closed the previously announced "bought deal" public offering of 8,030,700 common shares in the capital of the Company issued at a price of $3.58 per Share for gross proceeds of $28,749,906.00, which included the exercise, in full, of the Underwriters' over-allotment option . The Offering was conducted by Cormark Securities Inc. and BMO Capital Markets, as co-lead [...]
Rupert Resources Ltd. is pleased to announce that, in connection with its previously announced "bought deal" public financing, it has filed a final short form prospectus dated July 26, 2024 to qualify the distribution of 6,983,300 common shares of the Company at a price of $3.58 per Share and up to an additional 1,047,400 Shares at the Offering Price to be issued upon exercise of an over-allotment option, the particulars [...]
Rupert Resources Ltd. is pleased to announce that in connection with its previously announced "bought deal" public financing, the Company has entered into an agreement with Cormark Securities Inc. and BMO Capital Markets as co-lead underwriters on behalf of a syndicate of underwriters to increase the size of the previously announced financing. The Company will now issue 6,983,300 common shares of the Company at a price of [...]
Rupert Resources Ltd. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and BMO Capital Markets as co-lead underwriters on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase on a bought deal basis 5,586,600 common shares of the Company at a price of C$3.58 per Share , representing total gross proceeds of approximately C$20 million [...]
Rupert Resources Ltd. announces that it has published its unaudited financial results for the three months ending May 31, 2024 and accompanying Management's Discussion and Analysis for the same period. The Company is also pleased to report that it has published its Sustainability Report covering 2023. All of the above have been posted on the Company's website www.rupertresources.com with the financial statements and MD&a [...]
Rupert Resources Ltd. announces that it has published the Company's Sustainability Report for the period covering 2023. The full report is available on the Company's website. James Withall, Chief Executive Officer of Rupert Resources said, "Our third annual sustainability report shows how Rupert Resources continues to move forward with purpose in the development of Ikkari. The project has the potential to become a lowest [...]
Rupert Resources Ltd. today advises that, further to its press release dated March 11, 2024, it has been unable to reach acceptable terms to acquire the full 100% of the Fingold JV to consolidate further exploration licences near to the Ikkari Project . Fingold is a joint venture held 70% by B2Gold and 30% by Aurion Resources. The Company continues to advance Ikkari, a gold deposit with exceptional resource continuity and [...]
Rupert Resources Ltd. announced today that pursuant to the Company's amended and restated equity incentive plan dated November 9, 2022 , the Company has granted 295,079 performance share units to certain officers and employees of the Company or its subsidiaries. The PSUs will vest according certain corporate performance objectives and each PSU will convert into up to one common share of the Company, or the cash equivalent [...]
Rupert Resources Ltd. announces that it has published its audited financial results for the twelve months ending February 29, 2024 and accompanying Management's Discussion and Analysis for the same period. Both of the above have been posted on the Company's website www.rupertresources.com and on the Company's profile on SEDAR+ at www.sedarplus.ca. Financial Highlights During the 12 months ending February 29, 2024, the [...]
Rupert Resources Ltd. reports assay results from project drilling at Ikkari . The drilling, principally for metallurgical sampling produced some of the best intercepts achieved to date at Ikkari . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240516903296/en/ Figure 1. Plan Map Showing the Location of New Drillholes in Ikkari in the Context of November 2023 [...]
Rupert Resources Ltd. reports follow-up assay results from the Heinä South satellite target and project drilling at Ikkari. The results from exploration drilling at Heinä South extend the broader mineralised zone to over 250m strike length and 200m vertical extent and include high-grade intercepts such as #124061 which intersected 10.5g/t Au over 24.40m including 112.5g/t Au over 2m . Project drilling at Ikkari continues [...]
In response to the announcement today by Aurion Resources Inc. , Rupert Resources Ltd. today confirmed that it is in preliminary discussions with B2Gold Corporation regarding the potential purchase of B2Gold's 70% interest in a joint venture between B2Gold and Aurion that has rights in respect of properties located near the Company's flagship Ikkari project in northern Finland . No definitive agreement has been entered [...]