Saville Resources Inc. wishes to provide an update on the Company’s latest developments. Property Option Agreement The Company is pleased to announce that it has entered into an agreement, pending exchange approval, with Zimtu Capital Corp. to acquire a 100% interest in and to the Covette Property, located in the James Bay Region of Quebec. The Covette Property is located approximately 190 km east of Raddison and 10 km [...]
Saville Resources is pleased to report that it has closed the announced non-brokered private placement for gross proceeds of $857,300. Pursuant to the offering, Saville issued 14,288,333 units at a price of $0.06 per Unit for aggregate gross proceeds of $857,300. Each Unit consists of one common share of the company and one share purchase warrant exercisable into one common share at an exercise price of $0.10 for a period [...]
Saville Resources is pleased to report that the TSX-V has approved the consolidation of the common shares of the Company on the basis of 5 pre-consolidation shares for 1 post-consolidation share, pursuant to a special resolution passed by shareholders on June 29, 2016. The consolidation will become effective at the opening of the market on July 7, 2017. The name of the Company has not been changed. Currently, a total of [...]
Saville announces amended terms to its previously announced non-brokered private placement financing. The placement has been increased to 16,666,666 Units (Units) of the company at a price of $0.06 per Unit (post-consolidation) for gross proceeds of up to $1,000,000. Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant with each warrant exercisable [...]
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