PNG Copper is pleased to announce the results of its annual and special meeting of shareholders held July 11, 2023. Shareholders approved all matters recommended by management, including: the election of David Drinkwater, John O'Donnell and Steve Balch as directors of the Company; the reappointment of McGovern Hurley LLP as the Company's auditors; a special resolution authorizing the change of the Company's name to [...]
PNG Copper is pleased to announce that Eric Plexman has been appointed as Chief Financial Officer and Secretary of the Company to replace Paul Rokeby who is retiring and resigning as Chief Financial Officer and director to be able to spend more time on other activities. The Company would like to express its appreciation to Mr. Rokeby for his past contributions to the Company. The Company has granted a total of 6,000,000 [...]
PNG Copper Inc. is pleased to announce that the Company has given notice terminating the Mount Suckling option agreement relating to the exploration properties in Papua New Guinea. All activity in that regard will cease. As a result, Steve Grey and Andrew Morris have resigned as Directors of the Company and David Lindley has resigned as interim Chief Executive Officer. Steve Grey has indicated the intention to sell the [...]
PNG Copper Inc. is pleased to announce that it has closed the second and final tranche of a brokered private placement financing announced on January 27, 2023 . The first tranche of the Financing raised gross proceeds of $183,000 from the issuance of 18,300,000 units at a price of $0.01 per Unit. This final tranche of the Financing raised gross proceeds of $317,000 from the issuance of 31,700,000 Units at a price of $0.01 [...]
PNG Copper is pleased to announce that it has now filed its financial statements and related management discussion and analysis for the period ending September 30, 2022. On Nov 15, 2022, the Company announced that it would not be able to file the Required Filings by the filing deadline, Nov 29, 2022. In connection with the delay, the Company applied to the Ontario Securities Commission requesting a management cease trade [...]
PNG Copper announces that further to its news release dated Nov 15, 2022, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov 30, 2022, under National Policy 12-203 Management Cease Trade Order. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
PNG Copper announces that further to its news release dated Nov 15, 2022, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on November 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim [...]
PNG Copper announces that further to its news release dated Nov 15, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov. 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
PNG Copper announces that further to its news release dated Nov 15, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
Highlights Reconnaissance exploration, in August this year, has located Cu-bearing skarn-like mineralisation from the southeast Urua-Omu area. Highlights from sampling include 7.41 % Cu and 0.72 % Cu from a garnet-bearing skarn occurrence, noted over a 200 m x 50 m area. A gossanous float sample from the skarn zone assayed 0.22 % Cu. The presence of skarn associated with outcropping limestone in the area has long been [...]
PNG Copper announces that further to its news release dated November 15, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
PNG Copper Inc. announces that it will be unable to file its interim financial report, management discussion and analysis and related Certifying Officer certificates for the third quarter ended September 30, 2022 which are required to be filed on or before November 29, 2022 . In connection with the anticipated delay, the Company has applied to the Ontario Securities Commission requesting that a management cease trade [...]
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