Greenridge Exploration Inc. , is pleased to announce a non-brokered private placement for gross proceeds of up to C$5,000,008.64 from the sale of up to 5,681,828 flow-through units of the Company at a price of C$0.88 per FT Unit. The Company intends to use the proceeds from the Offering towards exploration on the Company's project portfolio. Each FT Unit will consist of one common share of the Company to be issued as a [...]
Highlights Target Identification Success KorrAI's proprietary technology effectively mapped high-priority targets, reducing the time and resources traditionally required for ground reconnaissance. Radon stress analysis identified potential concealed uranium targets beneath till cover. Advanced Geospatial Products The geospatial datasets delivered by KorrAI, including iron oxide mapping and baseline AI/ML prospectivity [...]
Greenridge Exploration Inc. , is pleased to announce initial results from its 2024 Exploration Program at the Company's Weyman Copper Project . Recent exploration on the Property consisted of: 2014 - Reconnaissance soil sampling in the western part of the Project area; 2020 - Helicopter-borne magnetic survey; and 2021 - Total metal ion soil survey conducted on two grids, one on the old Pilot showings area in the [...]
Greenridge Exploration Inc. , has granted an aggregate of 300,000 stock options to a consultant of the Company. The Options are exercisable at a price of $0.76 per share for a term of 2 years. The Options that have been granted are governed by the terms of the Company's Stock Option Plan and are subject to a four month hold period from the date of grant. References 1 Source: 1978 Assessment Report by Pan Ocean Oil Ltd [...]
Greenridge Exploration and ALX Resources are pleased to announce the signing of a binding arrangement agreement dated October 11, 2024 pursuant to which Greenridge will acquire all of the outstanding and issued common shares of ALX. The Transaction is an arm's length transaction that will create a leading Canadian uranium exploration company with interests in sixteen uranium exploration projects that total approximately [...]
Greenridge Exploration Inc. , announces that further to its October 2, 2024 news release, the Company has closed the second tranche of its non-brokered private placement of flow-through units for aggregate gross proceeds in this second tranche of $1,503,128 . The Company has issued 1,708,100 FT Units at a price of $0.88 per FT Unit, with each FT Unit comprised of one common share of the Company issued on a flow-through [...]
Greenridge Exploration Inc. , is pleased to announce it has completed its summer exploration program on the Company's Carpenter Lake Project located on the southern margin of the Athabasca Basin, Saskatchewan. 2024 Work Program Dahrouge Geological Consulting Ltd. , on behalf of Greenridge, recently completed a fifteen day broad-scale exploration program at the Carpenter Lake Project. The Program's primary goal was to [...]
Greenridge Exploration Inc. , is pleased to announce it has completed its extensive summer exploration program on its Nut Lake Project located in the Thelon Basin in Nunavut. The Project covers approximately 5,853 hectares near the Northern Tip of the Yathkyed Basin, a sub-basin of the Thelon Basin . Figure 1: Nut Lake Project claim map 2024 Work Program On behalf of Greenridge, Dahrouge Geological Consulting Ltd [...]
Greenridge Exploration Inc. and ALX Resources Corp. are pleased to announce the signing of a non-binding letter of intent dated September 4, 2024 pursuant to which Greenridge will acquire all of the outstanding and issued common shares of ALX . The Proposed Transaction is an arm's length transaction that will create a leading Canadian uranium exploration company with interests in 15 uranium exploration projects that total [...]
Greenridge Exploration Inc. , is pleased to announce it has completed an updated technical review of the Nut Lake Uranium Project located in the Thelon Basin in Nunavut. The Project covers approximately 5,853 hectares near the Northern Tip of the Yathkyed Basin, a sub-basin of the Thelon Basin . Figure 1 - Nut Lake Property Claim Map Technical Review Update Dahrouge Geological Consulting Ltd. , on behalf of the Company [...]
Greenridge Exploration Inc. , announces that further to its July 2, 2024 and July 25, 2024 news releases, the Company has closed the first tranche of its non-brokered private placement of flow-through units for aggregate gross proceeds in this first tranche of $750,798.40 . The Company has issued 853,180 FT Units at a price of $0.88 per FT Unit, with each FT Unit comprised of one common share of the Company issued on a [...]
Greenridge Exploration Inc. , is pleased to announce it has completed its 2024 Exploration Program for its Weyman Project located in Southeastern British Columbia. The Project covers approximately 6,925 acres of land and is comprised of seven map-staked mineral claims in the southern Quesnel Terrane of British Columbia. The Program included conducting a total metal ion survey and 1:5,000-scale geological mapping on the [...]