Serra Energy Metals further to the Company's news release dated December 18, 2024, the Company announces that the effective date of the consolidation of ten common shares for one new share of the Company will be January 9, 2025. The Company currently has 65,111,146 Common Shares outstanding and will have approximately 6,511,115 Common Shares outstanding after completion of the Consolidation, subject to rounding and [...]
Serra Energy Metals Corp. is pleased to announce it has entered an agreement dated December 17, 2024 with Advance Metals Ltd. whereby it has agreed to sell 80% of its interest in the Myrtleford and Beaufort projects located in Australia . The Company's wholly-owned subsidiary, E79 Resources Pty Ltd. , is the legal owner of 100% of the mining tenements comprising the Projects. The Company will affect the sale by selling to [...]
Serra Energy Metals announces the resignation of Patrick Donnelly as President & CEO and Grant Wechsel as Director of the Company. Vince Sorace, Chairman of the Company, will assume the position of Interim President and CEO. Vince Sorace, Interim President & CEO comments: "We would like to thank Patrick and Grant for their efforts and contributions to the Company over the past few years, and we wish them well in their new [...]
Serra Energy Metals is pleased to announce that it has been granted by the Agência Nacional de Mineração, a 100% interest in the Santa Luz Property comprising four mineral tenements covering approximately 8,000 ha in Bahia state, Brazil. The tenements, which contain pegmatites, have the potential to host spodumene mineralization. All of the new tenements are located near infrastructure, including roads, electricity, and [...]
E79 Resources is pleased to announce, given the Company's new focus on green metals within Brazil, the Company's Board of Directors has approved a change of the Company name to Serra Energy Metals Corp. The Company expects the name change and ticker symbol change to "SEEM" to be effective Oct 19. The Company's CUSIP and ISIN identifiers will update because of the name change: CUSIP 81752V101 and ISIN CA81752V1013 [...]
E79 Resources is pleased to share a letter to Shareholders from E79 President & CEO Patrick Donnelly. Dear Shareholders, Friends, and Stakeholders, I would like to provide you with an update on our Company, our strategy, and the news we anticipate sharing in the future. While we continue to see significant value in our Australian assets, which have produced some very compelling gold mineralization intersections, we have [...]
E79 Resources announces that the Company has cancelled an aggregate of 1,575,000 incentive stock options issued pursuant to its stock option plan on March 6, 2023. The Options were granted to certain officers, directors, employees, and consultants of the Company, and had an exercise price of $0.15 and expiry date of March 6, 2028. The Options were voluntarily surrendered by the holders for no consideration. ABOUT E79 [...]
E79 Resources Corp. announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 1,575,000 common shares of the Company at an exercise price of $0.15 per share for a five-year term expiring March 6, 2028. The stock options are being granted to certain directors, officers, employees and consultants of the Company. The stock options bear a hold [...]
E79 Resources Corp. is pleased to report on its exploration activities at the Myrtleford and Beaufort gold properties in Victoria, Australia. EXPLORATION HIGHLIGHTS All drill results have been received from the Happy Valley and Twist Creek prospects with key intersections including: Happy Valley 0.60 meters at 16.25 grams per tonne gold from 23.9m within 10.20m at 1.6 g/t Au from 21.5m . Twist Creek 0.20m at 8.3 g/t Au [...]
E79 Resources Corp. is pleased to report additional high-grade gold intersections from its inaugural drill program at the Twist Creek area located 40km north of the Happy Valley Prospect at its Myrtleford Project in Victoria, Australia. DRILLING HIGHLIGHTS Multiple zones of high-grade gold mineralization and elevated base metals were intersected in all three drill holes completed at the Victoria Prospect within the Twist [...]
E79 Resources Corp. is pleased to report high-grade gold intersections at its inaugural drill program at the Twist Creek Prospect located 40km north of the Happy Valley Prospect at its Myrtleford Project in Victoria, Australia. DRILLING HIGHLIGHTS Multiple zones of high-grade gold mineralization and elevated base metals were intersected in all three drill holes completed at the Scandinavian Prospect at the Twist Creek [...]
E79 Resources Corp. is pleased to report additional assay results from diamond drilling at its Happy Valley Gold Prospect on its Myrtleford property in Victori. HIGHLIGHTS Drill hole HVD010 Hole HVD010 intercepted a broad zone of mineralization at a depth of approximately 400m below surface and 200m below the historical mine workings. This is the deepest intercept at the Happy Valley Prospect to date and demonstrates a [...]