SRQ Resources is pleased to announce the closing of a non-brokered private placement. The Corporation has issued a total of 6,015,410 shares of the Corporation for aggregate gross proceeds of C$1,130,741. The Offering comprised two tranches, as follows: Tranche 1 - Common Shares: 406,250 Common Shares at a price of C$0.16 per Hard Dollar Share for gross proceeds of C$65,000; and. Tranche 2 - Flow-Through Shares: 5,609,160 [...]
SRQ Resources is pleased to announce that the Phase 2 drilling program on its exciting new discovery, the Lac Brulé Ultramafic Magmatic Intrusive Complex, is scheduled to start on or about Oct 23, 2023. The UM Intrusive hosts significant nickel and copper mineralisation. Following the success of the July 2023 Phase 1 drilling program, SRQ is eager to further assess the potential of the UM Intrusive complex and advance the [...]
SRQ Resources is pleased to announce the discovery of a virgin UM intrusive complex hosting base metal mineralisation at its Lac Brulé project. This important new discovery reinforces SRQ's commitment to unlocking the region's mineral potential. The UM intrusive complex discovery was informed by SRQ's geological reinterpretation of the notoriously under-explored region and revealed through a maiden 13-hole drilling [...]
Sama Resources and SRQ Resources are pleased to announce the closing of the previously announced spin-out transaction, which shall become effective today, August 10, 2023 at 6:00 p.m. Pursuant to the terms of the plan of arrangement, each of the common shares of the Company issued and outstanding at the Effective Date and Time will be exchanged for: 1 new common share of the Company; and 0.1 common share of SRQ. From [...]
Sama Resources is pleased to announce that the Québec Superior Court of Justice has issued a final order approving the previously announced arrangement , pursuant to which the common shares of its wholly-owned subsidiary SRQ Resources Inc. will be spun-out. The Arrangement remains subject to certain closing conditions, including its approval by the TSX-V. If the conditions to closing are satisfied or waived, it is [...]
Sama Resources is pleased to announce that, at today's annual and special meeting of shareholders, its shareholders voted in favor of a special resolution to approve the previously- announced plan of arrangement pursuant to which, among other things, the common shares of its subsidiary SRQ Resources Inc. will be spun-out and distributed to the Shareholders, subject to the terms and conditions of an arrangement agreement [...]
Sama Resources is pleased to announce that it has entered into an arrangement agreement with SRQ Resources Inc. pursuant to which the parties intend to complete a spin-out transaction of the SRQ common shares. The Spin-Out will be completed by way of a court approved plan of arrangement under the Canada Business Corporations Act. Upon completion of the PoA, holders of common shares of Sama are to receive: one new share in [...]
+366,67 %
-45,61 %
