Northway Resources Corp. and Kenorland Minerals Ltd. jointly announce that further to their press release dated September 14, 2020, Kenorland has entered into an agreement with a syndicate of agents led by Stifel GMP and including Canaccord Genuity Corp, Haywood Securities Inc., Laurentian Bank Securities Inc. and Echelon Wealth Partners Inc. pursuant to which the Agents will undertake a brokered private placement of up [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly announce that further to their press release dated July 29,2020, they have entered into a definitive amalgamation agreement dated September 14, 2020 . The transaction contemplated by the Amalgamation Agreement will result in a reverse takeover of the Company by Kenorland in accordance with the policies of the TSX Venture Exchange . Upon completion of the [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly report the results of the second phase of Kenorland's summer exploration program at the Frotet Project, Quebec. Exploration work included 1,900m of drilling, a regional surface geochemical program, and an airborne magnetic survey, funded by Sumitomo Metal Mining Canada Limited . As previously announced on July 29, 2020, the Company entered into a letter of [...]
Northway Resources jointly announce that they have entered into a letter of intent dated July 28, 2020 whereby the Company will acquire all of the issued and outstanding securities of Kenorland by way of a share exchange, amalgamation or such other form of business combination as the parties may determine. Upon successful completion of the proposed acquisition of the securities of Kenorland, it is anticipated that the [...]
Kenorland Minerals is pleased to report the discovery of significant gold mineralization in multiple drill hole intersections at the Regnault target of its Frotet Project in the Frotet-Evans Greenstone Belt, Quebec. Complete results from the 15 drill hole maiden program, funded by Sumitomo Metal Mining Canada, are summarized below. The discovery of a new significant gold system in the Frotet Evans greenstone belt in an [...]
O3 Mining Inc. is pleased to announce that it has sold its remaining 24 Tortigny claims, located approximately 125 kilometres North of Chibougamau, Qu?bec, to Kenorland Minerals Ltd. in exchange for cash consideration of CDN $900,00 payable to O3 Mining in four payments over three years, and a 2% net smelter returns royalty over the claims sold to Kenorland . The Corporation has now sold its entire interest in the [...]