Far Resources Ltd. is pleased to announce that Robert G. Dinning, CA, CPA, has been appointed to the board of directors of the Company and as CFO of the Company, effective immediately. Mr. Dinning is a Chartered Accountant and Chartered Professional Accountant. Mr. Dinning has been self-employed providing consulting services in financial and business services in the natural resource industry, including to mining and oil [...]
Far Resources Ltd. is pleased to announce a non-brokered private placement consisting of an aggregate of 8,000,000 units of the Company at a price of $0.1250 per Flow-Through Unit for gross proceeds of $1,000,000 . Each Flow-Through Unit consists of one common share of the Company qualifying as a 'flow-through share' and one-half of one common share purchase warrant .Each full Warrant will entitle the holder thereof to [...]
Far Resources Ltd. is pleased to announce that it has closed a non-brokered private placement of $419,712.50 for 7,461,556 units at a price of $0.05625 per unit in accordance with the price protection filed with the Canadian Securities Exchange on July 14th, 2020. Each Unit consists of one common share and two two-year share purchase warrants, warrants A and B . Warrant A entitles the holder to purchase one additional [...]
Far Resources Ltd. is providing an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended March 31, 2020 and its interim financial statements and accompanying management’s discussion and analysis, and related CEO certifications for the three month period ended June 30, 2020 , which were [...]
Far Resources Ltd. . John Gammack, President and CEO, is pleased to report that Lindsay Bottomer P.Geo. has agreed to join the Advisory Board of Far Resources . Lindsay's role will be to provide technical advice to Far's board and management as they move forward with their plans to explore the Winston Property in New Mexico, USA, with a particular focus on the Little Granite Mine. The Phase 1 work program will likely [...]
Far Resources Ltd. is providing an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended March 31, 2020 , which are required to be filed by July 29, 2020 under National Instrument 51-102. BC Instrument 51-516 allows for a 45-day filing extension for certain filings required on or [...]
Far Resources Ltd. is pleased to announce the appointment of John Gammack to the board, and to the role of CEO and President of the company, effective immediately. Mr Gammack takes over from Toby Mayo, who will be moving into the position of VP Technology Development, where he will focus on the company’s technology growth strategy, BattMat joint venture and revenue generation. John Gammack, CEO of Far, commented: “It is [...]
Far Resources Ltd. announces that it has granted 5,050,000 options to acquire common shares in the equity of the Company to an officer, director and various consultants . Each Option is exercisable into one common share in the equity of the Company at an exercise price of $0.07 per option share, expiring 5 years from date of grant. The issuance of securities described in this news release are subject to acceptance by the [...]
It is with great sadness that the Board of Directors and management of Far Resources Ltd. announce that Director, colleague and friend, Murray Seitz has passed away. Murray joined the Far board at the beginning of 2018 and during his brief two-and-a-half years with the company was instrumental in overseeing the growth and success of our technology business, forging relationships with partners in Canada, the US and beyond [...]
Far Resources Ltd. and partners BattMat USA Corp. and Electric Blue Power would like to provide an update on testing operations of its Vehicle Automated Battery/Block Controller and Monitoring System and on the effects of the Covid-19 pandemic on the company’s current activities. Our Response to the Covid-19 Pandemic At Far, our focus is, first and foremost, on our employees’ safety, and on keeping our [...]
Far Resources Ltd. is pleased to announce that it has signed a Letter of Intent to acquire up to 100% of the Reel Cesium-Lithium-Tantalum Project in mining friendly Manitoba, Canada. Samples from the Reel Project have returned grades of up to 1.75% cesium oxide , while also having significant lithium and tantalum potential. Toby Mayo, President of Far, explains: “The expansion of our strategic metals portfolio [...]
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