Alpha Exploration Ltd. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of units at a purchase price of $0.70 per Unit for total aggregate gross proceeds of $3,196,000 . For more information about the offering underlying the First Tranche , please see the Corporation's press release dated March 21, 2025, which is available under the Corporation's SEDAR [...]
Alpha Exploration Ltd. is pleased to announce a non-brokered private placement financing of units at a price of C$0.70 per Unit for up to 8,571,428 Units and for aggregate gross proceeds of up to C$6 million . Each Unit is comprised of one ordinary share of the Corporation and one-half of one ordinary share purchase warrant . Each whole Warrant will entitle the holder to acquire one additional Share at an exercise price [...]
Alpha Exploration Ltd. announces additional drill results from its 7,868m drill program at the Aburna orogenic gold prospect within its 100% owned, 771 km² Kerkasha Project located in Eritrea. Aburna is a major, district scale orogenic gold project that, based on surface geochemistry, extends over an area of at least 7km long and 2km wide and is one of three significant discoveries made by Alpha on the Kerkasha licence to [...]
Alpha Exploration Ltd. announces that Mr. Michael Hopley has notified the Company that he will be retiring from his position as President and Chief Executive Officer of Alpha effective as of December 31, 2024. Mr. Hopley will remain as a director of the Company's board of directors and continue to serve as the Chairman of the Board following his resignation as President and Chief Executive Officer. Alpha would like to [...]
Alpha Exploration Ltd. announces initial drill results from its 7,868m drill program at the Aburna orogenic gold prospect within its 100% owned, 771 km² Kerkasha Project located in Eritrea. Aburna is a major, district scale orogenic gold project covering an area of at least 7km long and 2km wide and is one of three significant discoveries made by Alpha on the Kerkasha licence. Exploration to date by Alpha on the project [...]
Alpha Exploration Ltd. is pleased to announce the results of its annual general meeting of shareholders held on November 6, 2024 . All matters presented for approval at the Meeting have been fully authorized and approved. A total of 49,958,116.26 ordinary shares , representing 55.10% of the Shares issued and outstanding, were represented in person or by proxy at the Meeting. A brief description of the matters voted upon [...]
Alpha Exploration Ltd. is pleased to announce that Mr. Tim Livesey has been appointed as an Independent director to the Company's board of directors. Mr. Livesey has over 30 years of professional exploration, project development and mining experience in gold and base metals across Africa, Europe, the Middle East and Asia. His extensive career covers both technical and executive management in the industry. He has managed [...]
Alpha Exploration Ltd. announces today that it has entered into an agreement pursuant to which Cormark Securities Inc. and Canaccord Genuity Corp. have agreed to act as co-lead agents and bookrunners , on behalf of a syndicate of agents in connection with a brokered private placement of 6,670,000 ordinary shares of the Company on a "best efforts" agency basis at a price of $0.90 per Share for aggregate gross proceeds to [...]
Alpha Exploration Ltd. announces today that it has entered into an agreement pursuant to which Cormark Securities Inc. and Canaccord Genuity Corp. have agreed to act as co-lead agents and bookrunners , on behalf of a syndicate of agents in connection with a brokered private placement of 6,670,000 ordinary shares of the Company on a "best efforts" agency basis at a price of $0.90 per Share for aggregate gross proceeds to [...]
Alpha Exploration Ltd. provides an update on its exploration programs across its 100% owned, 771 km² Kerkasha Project located in Eritrea. HIGHLIGHTS: Acceleration of exploration programs on three priority prospects across Kerkasha licence 8,000 metre drill program more than half completed on Aburna Gold Prospect 3rd drill rig en route to accelerate drill target definition at Aburna Additional exploration drilling planned [...]
Alpha Exploration Ltd. announces final results from the first phase of its 2024 drilling program on its Aburna Gold Prospect on the Company's 100% owned, 771 km² Kerkasha Project located in Eritrea. Drilling consists of both reverse-circulation drilling and diamond core drilling. Final assays have now been received for the remaining 16 drillholes drilled at Aburna in Q1 2024 and including 5 holes from Hill 52, 5 [...]
Alpha Exploration Ltd. is pleased to announce that, on April 10, 2024, it closed the second tranche of its previously announced non-brokered private placement of units in the capital of the Corporation of up to $7,000,000.00 at a purchase price of $0.70 per Unit , for aggregate gross proceeds of $2,670,090.60, bringing the total proceeds raised under the offering to $6,850,090.60 . The principal use of the proceeds of the [...]