Forty Pillars Mining Corp. is pleased to announce that it has closed its previously announced non-brokered private placement offering by issuing 2,440,000 units at a price of $0.05 per Unit for aggregate gross proceeds of $122,000 . Each Unit consists of one common share in the capital of the Company and one transferrable common share purchase warrant . Each Warrant entitles the holder to purchase one additional common [...]
Forty Pillars Mining Corp. is pleased to announce a non-brokered private placement offering of up to 2,440,000 units at a price of $0.05 per Unit for aggregate gross proceeds of up to $122,000 . Each Unit will consist of one common share in the capital of the Company and one transferrable common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share in the capital of the [...]
Forty Pillars Mining Corp. announces that, further to its news release dated November 17, 2023, effective at the opening of trading on November 30, 2023 the common shares of the Company will commence trading on the Canadian Securities Exchange on a consolidated basis, with one post-consolidated Share outstanding for every three pre-consolidation Shares . As a result of the Consolidation, on the Effective Date, a total of [...]
Forty Pillars Mining Corp. announces that its board of directors has approved a share consolidation of the common shares in the capital of the Company at a ratio of three pre-Consolidation common shares for one post-Consolidation common share . The proposed Consolidation would result in the number of issued and outstanding common shares being reduced from the current outstanding 14,692,589 common shares to approximately [...]
Forty Pillars Mining Corp. announces that effective October 16, 2023, Ms. Emma Fairhurst has resigned as a director. The Company wishes to thank Ms. Fairhurst for her contributions to the Company. The Company is pleased to announce that Mr. Ashish Misquith has been appointed a director of the Company effective October 16, 2023. Mr. Misquith has extensive experience in business development and start-ups. He has invested in [...]
Forty Pillars Mining Corp. announces an update to the Wishbone Property, located in the heart of the Golden Triangle, B.C. The Company has returned the Wishbone Property to Origen Resources Inc. and will not earn into the property. For 100% return of the Wishbone Property, Origen will forgive the outstanding promissory note owed by Forty Pillars in the amount of $1,860,000 plus the accrued interest to date of $161,879.45 [...]
Forty Pillars Mining announces that Chris Reynolds has been appointed Director of the Company effective March 21, 2022 replacing Gary Schellenberg who will be resigning to focus on Origen Resources. The Company would like to thank Mr. Schellenberg for his efforts and wishes him well in his future endeavours. Christopher has been an Investor in the natural resource sector for over 10 years. Delivering solutions for [...]
Forty Pillars Mining announces that Emma Fairhust has been appointed Director of the Company effective March 11, 2022 replacing Mike Sieb. The Company would like to thank Mr. Sieb for his efforts and wishes him well in his future endeavours. Ms. Fairhurst has 20 years experience in the venture capital financial and public company markets. Emma worked at Canaccord Genuity where she administered hundreds of millions in [...]
Forty Pillars Mining announces that Feb 22, 2022 will be the effective date of the Company’s share consolidation on the basis of 2 old for one new share. The name of the Company will not be changed and the trading symbol will remain the same. The Company’s 28,985,174 outstanding common shares will be consolidated into approximately 14,492,587 outstanding shares. The post-consolidated common shares will have a new CUSIP [...]
Forty Pillars Mining announces that pursuant to a directors resolution, the Company intends to consolidate its capital on a one-new-for-2-old basis. The name of the Company will not be changed and the trading symbol will remain the same. The Company’s 28,985,174 outstanding common shares will be consolidated into approximately 14,492,587 outstanding shares. The post-consolidated common shares will have a new CUSIP [...]
Forty Pillars Mining announces that it has made a strategic investment of $200,000 into CAVU Mining. “This strategic investment allows Forty Pillars the opportunity to participate in what could be a very significant new gold / copper belt in Canada. With the tight land positions in the area and the high cost of exploration, making a strategic investment was a less dilutive way to create value from this highly prospective [...]
Forty Pillars Mining announces that Harry Nijjar has been appointed Chief Financial Officer and corporate secretary of the Company effective December 1, 2021 replacing interim Chief Financial Officer Gary Schellenberg. Mr. Nijjar is currently a Managing Director with Malaspina Consultants Inc. and provides CFO and strategic financial advisory services across many industries. His experience has allowed him to help [...]
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