Colt Resources announces that its wholly owned subsidiary, Q.S.P.A. - SOCIEDADE VITÍCOLA UNIPESSOAL, sold its winery in Portugal for gross proceeds of approximately €3.7 million net of transaction costs and subject to closing adjustments. Closing adjustments continue to be negotiated. Once closing adjustments are finalized, QSPA [...]
Colt Resources announces that Mr. Stefan Müller, the CEO of DGWA Deutsche Gesellschaft für Wertpapieranalyse GmbH , has advised the Company that he has issued a press release in relation to the Company. Mr. Müller also sent a letter to the board of directors of the Company . Mr. Müller claims that he represents the interests of [...]
Colt Resources announces that a Statement of Claim dated July 14, 2017 has been filed with the Ontario Superior Court of Justice against the Company and its former CEO and CFO regarding a proposed class action lawsuit. The Statement of Claim seeks permission of the Court to commence a class action proceeding for alleged misrepresentations in the [...]
Colt Resources has determined that EUR500,000 it had invested in a Turkish company has been removed from the Turkish company's bank account without Colt's authorization. In 2016, Nikolas Perrault, the former President and CEO, made the decision to incorporate and invest EUR500,000 in the Turkish company, with EUR250,000 of the funds provided from [...]
Colt Resources announces that subsequent to the October 11, 2016 press release in respect of Mr. Sabri Karahan's resignation, at a board meeting held on October 27, 2016, the board of directors unanimously voted to support management in terminating any and all association with former director Mr Sabri Karahan. Mr Karahan is no longer either a [...]
Colt Resources announces that Mr. Sabri Karahan has stepped down as director of the Company effective immediately. Mr. Karahan has been a non-executive director and the Chairman of the Company's Technical Committee since April 2015. Mr. Karahan will continue to engage with the Company as a technical advisor and advise the Company on technical [...]
Montreal, Quebec / TheNewswire / September 16, 2016 - Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) is pleased to report on the results of metallurgical test work recently completed on their Extra High Property (the Property). The Property is composed of 650 hectares and is located approximately 60 km north [...]
Montreal, Quebec / TheNewswire / Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) has completed an initial private placement of 20,400,000 Units for gross proceeds of $1,428,000 to the Company. Each Unit is comprised of one common share at $0.07 and one share purchase warrant. Each warrant will be exercisable at a [...]
April 21 2016 / TheNewswire / Montreal, Quebec, Canada - Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTC Pink: COLTF) is pleased to provide an update on drilling results obtained from an additional hole drilled at its 100% owned Borba exploration concession in southern Portugal, 160km east of Lisbon (Figure 1). The Borba [...]
Colt Resources is pleased to provide an update on drilling results obtained from the Salgadinho copper-gold project at its 100% owned Cercal exploration concession in southern Portugal. The Cercal concession is located in the prolific Iberian Pyrite Belt, approximately 25km southwest of Colt's 60%-owned Alvalade project. The Cercal concession was [...]
Montreal, Quebec / TheNewswire / April 11 2016 - Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) is pleased to announce that it has completed a private placement. Pursuant to the Private Placement, the Company has issued 9,770,000 Units for gross proceeds of $977,000 to the Company. Each Unit comprises of one [...]
Montreal, Quebec, Canada / TheNewswire / February 3 2016 - Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTC Pink: COLTF) is pleased to provide an update on exploration results at its 60% owned 902 km2 Alvalade exploration concession located in the prolific Iberian Pyrite Belt VMS province, southern Portugal (Figure 1 [...]
