Straightup Resources Inc. is pleased to announce that it has paid its 3rd Option cash payment to Bounty Gold Corporation. Under the agreement, the Company is required to make cash payments over 4 years for an aggregate amount of CDN $150,000 for its flagship properties, including the RLX North, RLX South and Belanger Projects, located within the Red Lake Mining District of Ontario. Under the Option Agreement, the Company [...]
Straightup Resources Inc. is pleased to accept as Executive Chairman & Director, Mr. Matthew Markin. Mr. Markin brings 25 years of experience leading corporate teams for multi-million dollar companies across various industries and has led corporate sales, investment banking teams and real estate development and construction divisions. He is currently the President and CEO of Markin Capital Group, Ltd., a full-service [...]
Straightup Resources Inc. announces that the Company will amend the expiry date of an aggregate of 2,907,084 outstanding common share purchase warrants that are currently exercisable to acquire common shares of the Company at a price of $0.20 until April 29, 2022. Under the Amendment, the term of the Warrants will be extended by an additional twelve months such that they will now be exercisable until April 29, 2023. Any [...]
Straightup Resources Inc. is pleased to announce that it has entered into a Purchase Option Agreement dated January 20, 2022 with each of 1544230 Ontario Inc. on behalf of Perry English and Gravel Ridge Resources Ltd. providing the Company the exclusive right and option to acquire from the Optionors a 100% undivided interest in the Ranger/Otter mining project located in Red Lake, Ontario subject only to a 1.5% net smelter [...]
Straightup Resources Inc. announces that, further to its earlier news releases, it has closed the fourth tranche of its non-brokered private placement. The Company raised a total of $275,000 through the issuance of 1,375,000 units at a price of $0.20 per unit . Each Unit consists of one common share and one-half of one transferable common share purchase warrant. Each whole warrant entitles the holder to purchase one [...]
Straightup Resources Inc. announces that, further to its earlier news releases, it has closed the third tranche of its non-brokered private placement . The Company raised a total of $220,000 through the issuance of 100,000 flow through common shares at a price of $0.20 per flow through share and 1,000,000 units at a price of $0.20 per unit . Each Unit consists of one common share and one-half of one transferable common [...]
Straightup Resources Inc. announces that, further to its news releases of January 10th and January 24th, 2022, the Company has amended the price of the warrants forming part of the units from $0.30 to $0.20 per Warrant. Each Unit in the private placement consists of one common share and one-half of one transferable common share purchase Warrant. Each whole Warrant, as amended, entitles the subscriber to purchase one [...]
Straightup Resources Inc. announces that it has closed the first and second tranche of its non-brokered private placement announced on January 10, 2022 . The Company raised a total of $255,000 through the issuance of 150,000 flow through common shares at a price of $0.20 per flow through share and 1,125,000 units at a price of $0.20 per unit . Each Unit consists of one common share and one-half of one transferable common [...]
Straightup Resources Inc. is pleased to announce that it has received its early exploration permit from the Ministry of Northern Development and Mine, Natural Resources and Forestry on their RLX North property, located within the Red Lake Greenstone Belt of Northwestern Ontario. The permitted activities are mechanized drilling and ground geophysical surveys requiring a generator. This permit is effective for a period of [...]
Straightup Resources Inc. announces non-brokered private placement , of up 7,500,000 Units at a price of C$0.20 per Unit for aggregate gross proceeds of up to C$1,500,000. Each Unit in the Private Placement consists of one common share and one-half of one transferable common share purchase warrant. Each whole warrant entitles the subscriber to purchase one additional common share of the issuer at a price of $0.30 per [...]
Straightup Resources Inc. is pleased to announce the appointment of Mr. Rod Husband as Chief Executive Officer of the Company. Mr. Husband is an accomplished entrepreneur and economic geologist with over thirty years of experience in the international commodity and finance sectors and has served as director and officer of several Canadian public companies. Mr. Husband holds a Geology degree, is a member of the Association [...]
Straightup Resources Inc. is pleased to announce it has closed the final tranche of its non-brokered private placement, through the issuance of 4,405,250 units. In this final tranche $324,000 was raised through the issuance of 1,620,000 common shares and 810,000 warrants . All common shares are subject to a four-month and a day hold period. The warrants are exercisable at $0.30 for a two-year term and are also subject to [...]