Network Explorationis pleased to provide the following update with regard to the proposed acquisition of YD Ynvisible and associated financing as previously announced on May 3, 2016 and July 26, 2016. Financing Network has entered into an engagement letter with Haywood Securities in respect of the proposed prospectus offering which will be [...]
Further to our news release dated May 3, 2016, Network Exploration is pleased to announce that it has entered into a share exchange agreement dated July 19, 2016 with YD Ynvisible pursuant to which Network will acquire 95.53% of the issued and outstanding shares of Ynvisible in exchange for common shares of Network. Pursuant to the terms of the [...]
Network Exploration is pleased to announce that it has entered into a binding letter of intent dated April 29, 2016, which sets out the basic terms and conditions pursuant to which Network will acquire 95.53% of the issued and outstanding shares of YD Ynvisible S.A. in exchange for common shares of Network. Pursuant to the terms of the LOI, the [...]
Network is pleased to announce that effective April 2, 2014, the Company will consolidate its Class A common shares on the basis of one post consolidated common share for every ten consolidated Shares held. The new CUSIP number will be 64124B300 and the new ISIN number will be CA64124B3002. The Company's name and stock symbol will remain unchanged [...]
Network announces that its board of directors has approved a resolution consolidating the Company's issued and outstanding common shares on the basis of one new common share for every ten existing common shares. The Consolidation was approved at a special meeting of the Company's shareholders on August 20, 2013 and the board of directors believes [...]
Network is pleased to announce that it has come to an agreement with its partner LARA Exploration Ltd. to extend the initial period of its option agreement for the Picha Copper-Silver Project from June 6, 2013 to December 6, 2013. The 6,000 hectare Picha Copper-Silver Project is located within the Tertiary Volcanic Arc of Southern Peru, host to [...]
Network is pleased to announce that it has appointed Mr. Darren Urquhart as its new Chief Financial Officer. Mr. Urquhart is a Chartered Accountant with more than 10 years of experience working in both public practice and industry. Mr. Urquhart is presently engaged in public practice accounting offering CFO and accounting services to TSX Venture [...]
Network is pleased to announce that, along with its partner Lara Exploration Ltd., written authorization has been received from the General Mining Directorate of the Ministry of Energy and Mines of Peru to start the previously announced drilling campaign at its Picha copper-silver porphyry project. This permit is one of the first to be granted to [...]
Network is pleased to announce that in preparation for its planned diamond drill program on its Picha copper-silver property in southern Peru, their Project Geologist Marco Fernandez Concha completed the final drill site selections at 7 of the drill targets discussed in its press release dated March 21, 2012. Final site selection and examinations [...]
Network is pleased to announce that a Community Agreement has been signed with the authorities from the Fundición and Jesus Maria communities in Peru's Moquegua District for further exploration at its flagship Picha project. The agreement, which is a critical part of the permitting process and required by Peru's Ministry of Energy and Mines, allows [...]
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