Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its interim results for the 3 months ending March 31, 2023, a copy of which is available for review in the "Investors" section of the Company's website. Key aspects to report over the period include the following : Financial Update and Highlights ongoing prudent management of capital resources continued in Q1 2023 [...]
Kainantu Resources Ltd. , the Asia-Pacific focussed gold mining company, is pleased to announce subscriptions and/or commitments for C$1,400,000 for the Company's offering of a non-brokered private placement of Senior Convertible Debentures, also known as Convertible Promissory Notes . Under the Offering, KRL holds subscriptions for C$1,400,000, which is sufficient for the Company's current initiatives. The Offering [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its annual results for the fiscal year ending December 31, 2022, a copy of which is available for review in the investor section of the Company's website. Key aspects to report from a financial perspective over the fiscal period ending December 31, 2022 include: prudent management of the Company's balance sheet and [...]
Kainantu Resources Ltd. , the Asia-Pacific focussed gold mining company, is pleased to announce the Company has received approval from the TSX Ventures Exchange for our recent transaction as announced on April 3, 2023. As a result, the Company has issued 18,000,000 common shares to the vendors as compensation for the transaction on April 13, 2023. This is a significant milestone for our Company, as it represents a step [...]
Kainantu Resources Ltd. , the Asia-Pacific focussed gold mining company, is pleased to announce that it has agreed to terms for the acquisition of the remaining 90% interest in the May River Project from the Hardrock Limited vendors. Further to the announcement of February 15, 2023, KRL has completed negotiations with Hardrock on terms favourable to all parties under a Share Sale Agreement , whereby KRL will issue shares [...]
Kainantu Resources Ltd. , the Asia-Pacific focussed gold mining company, is pleased to announce encouraging initial results from the Ontenu Prospect at KRL South . The KRL South claims are located 27 km southwest of the K92 Mining operations and are also situated on the Kainantu Transfer Structure. Key Highlights: Geochemical analysis completed from H2 2022 initial field work at the Ontenu Prospect at KRL South [...]
VANCOUVER, BC, Feb. 15, 2023 /CNW/ - Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on the May River Project . In consultation with stakeholders, the Company is considering options to acquire 100% of the project on favourable terms in the near term. In the interim, the Company provides an update on technical work completed at the May River project. Highlights A [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce that it has closed the final tranche of its previously announced private placement financing of C$2.5 million , originally announced on October 19, 2022. As previously announced, under the first tranche of the Offering, the Company has issued an aggregate of 15,635,790 units of the Company at a price of C$0.11 per Unit to raise [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce the filing of a Technical Report entitled "Kili Teke Cu-Au Project, Papua New Guinea" with an effective date of January 12, 2023 . The report relates to the Company's proposed acquisition from Harmony Gold Exploration Limited of the Kili Teke project, initially disclosed on April 6, 2022. The Technical Report was authored by [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on its exploration campaign at our KRL North site adjacent to K92. KRL also provides an update on the definition of drilling targets at KRL North, anticipated to start in H1 2023. Highlights: Key highlights include the following: KRL remains focused on the potential for high-grade Au mineralisation to extend from the [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its interim results for the nine months ending September 30, 2022, a copy of which is available for review in the "Investors" section of the Company's website. Key aspects to report over the period include the following : Financial Update Prudent management of capital resources continued in Q3 2022, during the 9 [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company is pleased to announce the results from its annual general meeting of shareholders virtually held on November 16, 2022. Shareholders voted as follows on the matters before the Meeting. Election of Directors All four of the nominees listed in KRL's management information circular dated October 20, 2022, that were proposed by management for election to [...]
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