Mich Resources Ltd. announced that it has terminated agreements with Pembrook Copper Corp., Minera Andina de Exploraciones SAA and Carlos Mauricio Carlessi Vargas to acquire and consolidate 100% of the Pecoy Copper Project. On June 27, 2022, the Company announced that it had entered into updated definitive agreements with the Vendors to acquire and consolidate 100% of the Pecoy Project, a copper porphyry project located [...]
Mich Resources Ltd. the Company is pleased to provide an update on its proposed acquisition via reverse takeover of the advanced stage Pecoy copper project located in southern Peru from each of Pembrook Copper Corp. and Minera Andina de Exploraciones SAA as described in the Company's news releases dated July 30 and November 8, 2021. The Company is pleased to announce that it has entered into an additional definitive [...]
Mich Resources Ltd. is pleased to announce that further to its news release dated July 30, 2021, the Company has entered into definitive agreements with each of Pembrook Copper Corp. and Minera Andina de Exploraciones SAA for the acquisition of the advanced stage Pecoy exploration copper project located in Peru. The Pecoy Project is an advanced exploration copper project located one hundred and fifty kilometres northwest [...]
Mich Resources announced that it has signed a term sheet dated July 27, 2021 for the acquisition of the advanced stage Pecoy copper exploration project located in Peru. The signatories to the Term Sheet include Pembrook Copper, Minera Andina de Exploraciones SAA and UMS Projects. The Term Sheet contemplates that the Pecoy Project will be acquired from Pembrook and Minandex for cash and Mich shares that will be immediately [...]
Mich Resources Ltd. announces that it has completed a non-brokered private placement of 8,875,600 common shares at an issue price of $0.25 per Share for total gross proceeds of $2,218,900. The Company intends to use the proceeds of the Private Placement for corporate and general working capital purposes. Shares issued in connection with the Private Placement will be subject to a statutory hold period until October 30 [...]
Mich Resources Ltd. announces that Szascha Lim, the Company's CFO and Corporate Secretary, has been appointed as a director of Mich Resources Ltd. All existing directors will remain on the Board. In connection with this appointment, Ms. Lim has been granted 50,000 incentive stock options at a price of $0.27 per share, exercisable for a period of 10 years, subject to CSE approval.
Mich Resources Ltd. announces that an aggregate of 1,525,000 incentive stock options have been granted to directors, officers, consultants and charitable organizations at a price of $0.27 per share, exercisable for a period of 10 years, subject to CSE approval. The Company further reports that Frank Giustra and his related entities have acquired stock options pursuant to the aforementioned grant, as well as a recent [...]
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