Dunbar Metals announces that it will conduct a financing for gross proceeds of up to $1,000,000 at a price of $0.12 per unit, with each unit consisting of one common share and one full warrant exercisable at $0.16 per share for a period of 36 months. The financing will be undertaken as a non-brokered private placement on a best efforts basis. The proceeds from this financing are intended to be used for advancing work on [...]
Dunbar Metals announces that it has closed its non-brokered private placement of convertible debentures for gross proceeds of $500,000. All Debentures issued in connection with the Offering mature on Dec 6, 2027 and bear interest at a rate of twelve percent per annum payable on maturity. Each Debenture is convertible into units of the Company, at the option of the holder, at a rate of one Conversion Unit for every $0.15 [...]
Dunbar Metals is pleased to announce that it will conduct a non-brokered private placement of convertible debentures in the principal amount of up to $500,000. he Debentures will be issued for an initial term of thirty-six months and will bear interest at a rate of twelve percent per annum payable on maturity. Each Debenture will be convertible into units of the Company, at the option of the holder, at a rate of one [...]
Dunbar Metals is pleased to announce its partnership with Grander Exploration to advance exploration efforts at the Company’s Gorilla Lake Uranium project. Grander Exploration, with its extensive expertise in the Athabasca Basin, will play a pivotal role in shaping Dunbars' exploration strategy for 2025. Dunbar has commissioned Grander Exploration to complete a comprehensive investigation of datasets from historic [...]
Dunbar Metals is pleased to announce that it has completed its initial public offering (the “IPO”) of 10,000,000 common shares in the capital of the Company at a price of $0.10 per Common Share for gross proceeds of $1,000,000, pursuant to a final prospectus of the Company dated August 19, 2024 and filed in each of the provinces of BC, Alberta and Ontario. On closing of the IPO, a total of 19,050,000 Common Shares were [...]