TORONTO, March 2, 2018 /CNW/ - This news release is disseminated pursuant to National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the filing of an early warning report regarding the holdings William F. White . The Acquiror has acquired beneficial ownership or control over 18,107,160 common shares of Peat Resources Ltd. with head offices at 365 Bay [...]
TORONTO, March 1, 2018 /CNW/ - Peat Resources Ltd. is pleased to announce that it has engaged Better Chain S.L. in the launch of the Company's project to provide a blockchain-based platform to demonstrate compliance of cobalt and other minerals with international standards on responsible procurement. "Manufacturers and end-users are increasingly demanding more transparency on the origin of minerals to ensure compliance [...]
Peat Resources is pleased to announce that it has closed its additional private placement of 5,614,245 common shares of the Company at a price of $0.20 per share for aggregate proceeds of $1,112,849, initially announced on January 12, 2018. The Company will use the net proceeds from the Offering to fund the acquisition of mineral property interests in the Democratic Republic of the Congo, transaction costs and general [...]
Peat Resources is pleased to announce that it has closed its additional private placement of 5,000,000 common shares of the Company at a price of $0.0525 per share for aggregate proceeds of up to $262,500, as previously announced on January 9. The Company will use the net proceeds from the Offering for general working capital purposes. In connection with the completion of the Offering, the Company issued an aggregate of [...]
Peat Resources is pleased to announce that it intends to complete an unbrokered private placement of up to 5,000,000 common shares of the Company at a price of $0.0525 per share for aggregate proceeds of up to $262,500. The Company will use the net proceeds from the Offering for general working capital purposes and may pay a finder's fee in connection with the Offering. The securities to be issued in connection with the [...]
TORONTO, Jan. 19, 2018 /CNW/ - Peat Resources Ltd. announces that the Company has signed a definitive agreement with Belair Maniema Corp for the acquisition of all the issued shares of Belair African Metals SARL pursuant to a letter of intent announced on December 20, 2017. The Company will acquire 100% of the issued shares of Belair in consideration of 15,000,000 fully-paid and non-assessable common shares of the Company [...]
TORONTO, Jan. 12, 2018 /CNW/ - Peat Resources Ltd. announces that the Company is proceeding with a further unbrokered offering of up to 5,000,000 common shares of the Company at a price of $0.20 per share for aggregate proceeds of up to $1,000,000 . In connection with the Offering, the Company may pay a finders fee. The securities to be issued in connection with the Offering will be subject to a statutory four-month hold [...]
Peat Resources Ltd. , is pleased to announce it has closed its previously announced brokered private placement led by IBK Capital Corp. through the issuance of 15,000,000 common shares at a price of $0.05 per Common Share for gross proceeds of $750,000 . In connection with the completion of the Offering, a cash commission equal to 9% of the amount raised was paid and broker warrants equal to 10% of the number of Common [...]
Peat Resources is pleased to announce that it intends to complete an unbrokered private placement of up to 5,000,000 common shares of the Company at a price of $0.0525 per share for aggregate proceeds of up to $262,500. The Company will use the net proceeds from the Offering for general working capital purposes and may pay a finder's fee in connection with the Offering. The securities to be issued in connection with the [...]
Peat Resources, announces that the Company is increasing the size of its previously announced brokered private placement of common shares of the Company led by IBK Capital Corp. The Offering will now consist of the sale of up to 15,000,000 common shares at a price of $0.05 per share for aggregate proceeds of the up to $750,000. In connection with the Offering, the Company has agreed to pay IBK Capital Corp. a cash [...]
Peat Resources is pleased to announce that it has signed a binding letter of intent pursuant to which the Company will acquire all of the issued and outstanding shares of Belair African Metals SARL from Belair Maniema Corp in consideration of the issuance of 15,000,000 common shares of the Company to the Vendor. The acquisition remains subject to certain standard conditions including, but not limited to, completion of [...]
Peat Resources today announces its interim financial statements, an update to potential technology initiatives, and changes to the Board of Directors. The Company has released its interim financial statements for the nine month periods ending February 28, 2017 and February 29, 2016, along with the associated Management Discussion and analysis. As a result of a competitive energy environment, the Company is continuing its [...]
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