Sphinx Resources Ltd. announces it has held a closing of a non-brokered private placement for aggregate gross proceeds of $1,031,000. The Private Placement was comprised of: 8,100,000 units of the Corporation at a price of $0.05 per unit. Each unit consists of one common share in the capital of the Corporation and one half of one common share purchase warrant. Each War
Sphinx Resources is pleased to announce the appointment ofJeremie Ryan as Vice President, Corporate Development. Mr. Ryan'sprincipal mandate will be to support the Corporation's growth and assist withthe management of community relations in the Pontiac Regional CountyMunicipality where Sphinx conducts exploration activities. Mr. Ryan is a resident of Mansfield-Pontefract, in the Pontiac and a shareholderof Sphinx [...]
Sphinx Resources Ltd. and its partner SOQUEM are pleased to announce the results of channelsampling from 13 new trenches completed this fall, on the Calumet-Sud project, heldin partnership with SOQUEM. These trenches extend up to 1,500 m north of the Sonnyzone on the Calumet-Sud project (see Figure 1 attached). Grades greater thanone percent, up to 21.2% Zn, were obtained in channel samples taken from thirteen(13 [...]
The letter of agreement announced by Sphinx Resources Ltd. on May 8, 2018, has been finalized into a definitive joint venture agreement between Sphinx and Osisko Metals Incorporated with the objective to explore for zinc in highly prospective areas of the Grenville geological province in southern Quebec. Under the terms of the Joint Venture Agreement each of Sphinx and Osisko Metals agree to:
Sphinx Resources is pleased to announce that it has reached an agreement with the Société d’investissement dans la diversification de l’exploration to issue, subject to prior approval of the TSX Venture Exchange, an aggregate of 3,293,918 common shares at a price per common share of $0.05 in settlement of an aggregate of $164,696 of outstanding debt (principal and all accrued interest) as of the date hereof pursuant to an [...]
Sphinx Resources Ltd. is pleased to announce that at its Annual General Meeting held on August 30, 2018 on Grand Calumet Island, in the Pontiac MRC Region of Quebec, all the items were approved as follows: Election of François Biron, Normand Champigny, Michel Gauthier, John W.W. Hick, and Kerry E. Sparkes as directors; and e-appointment of PricewaterhouseCoopers LLP as auditors.
Sphinx Resources and its partner SOQUEM are pleased to report that the recent field work and data compilation delineated a large and near surface zinc prospective area of 1,700 m by 600 metres. Located in the Pontiac regional municipal county of Quebec, the Calumet-Sud project is adjacent to the former New Calumet Mines property that produced 3.8 million tonnes of ore at a grade of 5.8% Zn, 1.6% Pb, 65 g/t Ag et 0.4 g/t [...]
Sphinx Resources Ltd. is pleased to announce that it will hold its Annual General Meeting of shareholders at 2:00 p.m. on August 30, 2018 in the Town Hall of Municipality located on Grand Calumet Island, in the Pontiac regional municipal county. “This is the second year that we are holding our AGM in the region. This demonstrates our commitment to engage with the local community as we continue to explore and discover for [...]
Sphinx Resources announces it has held a second closing of its previously-announced non-brokered private placement at which it issued an aggregate of 3,401,538 flow-through common shares at a price of $0.065 per Flow-Through Share, for aggregate gross proceeds to the Corporation of $221,100. The Flow-Through Shares shall qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada). As a result of the [...]
Canada Strategic Metals, Matamec Explorations and Sphinx Resources are pleased to announce that Canada Strategic and Matamec have closed the business combination by way of the plan of arrangement approved by an order of Superior Court of Canada, announced on April 26, 2018, to create a new gold exploration company whose activities will be focused on the James Bay region. The company will be called [...]