Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce that it has closed the first tranche of its previously announced private placement financing of C$2.5 million , originally announced on October 19, 2022. 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 gross proceeds of [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce a financing to raise up to C$2.5 million . Specifically, KRL announces a non-brokered private placement for up to 22,727,273 units of the Company at a price of C$0.11 per Unit for aggregate gross proceeds of up to C$2.5 million. Each Unit will be comprised of one common share of the Company and one common share purchase warrant [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold exploration company, announces that it has changed auditors from Davidson & Company LLP to Smythe LLP , effective September 16, 2022. At the request of the Company, Davidson & Company has resigned as of the effective date of September 15, 2022. Smythe has been appointed as the successor auditor. In accordance with National Instrument 51-102 - Continuous Disclosure [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on regional exploration progress at the Ontenu area of interest, KRL South project. Historic field work in combination with detailed analysis from the Company's airborne geophysical survey demonstrates the Ontenu area hosting several highly prospective Cu-Au targets . Highlights Key highlights include the following: a [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on its progress towards the Company's 100% acquisition of the advanced development Kili Teke Copper-Gold Project . Highlights The Kili Teke acquisition remains on track with KRL and Harmony Gold Exploration Limited working through conditions precedent for closing, including: finalising an NI43-101 Technical Report [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its second interim results for the 6 months ending June 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 Ongoing prudent management of capital resources in H1 2022: capitalised expenditure on [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce outcomes from the recently completed airborne geophysical survey conducted over both its KRL North and KRL South projects. The completion of airborne geophysical surveying and analysis over the Kainantu region supports the highly prospective nature of the KRL tenement portfolio for porphyry Cu-Au and epithermal Au deposits [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its results for the quarter ending March 31, 2022 , a copy of which is available for review on the Company's website. Key aspects to report from a financial and operational perspective over the quarter include: completion of an airborne geophysical survey over both KRL North and KRL South projects, with final [...]
Kainantu Resources Ltd. is pleased to announce the appointment of Mr. Nick Franey as Chief Geologist. Chief Geologist Appointment Mr Franey has over 40 years of exploration and project development experience, having served in senior roles with a number of well-established mining companies such as Anglo American Plc and OceanaGold Corporation, in addition to other successful small cap juniors. Mr Franey has a broad range [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its annual and fourth quarter results for the fiscal year ending December 31, 2021 , a copy of which is available for review on the Company's website. Key aspects to report from a financial perspective over the fiscal period ending December 31, 2021 include: prudent management of the Company's balance sheet and [...]
Kainantu Resources Ltd. is pleased to announce that it has entered into a definitive agreement with Harmony Gold Exploration Limited, a wholly-owned subsidiary of Harmony Gold Mining Company Limited to acquire 100% ownership of the Kili Teke Gold-Copper Project in Papua New Guinea. Kili Teke is a significant advanced exploration porphyry gold-copper project with an existing mineral resource, and potential for further [...]
Kainantu Resources Ltd. has completed an airborne geophysical survey over both its KRL North and KRL South projects. Data is currently being analysed. Assuming a positive assessment and in combination with mapping and geochemical sampling, this work is a key milestone step for the Company; and supports the objective of accelerating activities towards a drilling program. Whilst being independently reviewed for KRL [...]
+2300,00 %
-93,75 %
