Indigo Exploration Inc. announces that it has increased its previously announced private placement from 10,000,000 units of the Company to 15,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $750,000. All other terms and conditions of the Private Placement, as previously announced, will remain the same and the Private [...]
Indigo Exploration Inc. announces that the consolidation of the Company's issued and outstanding common shares on the basis of six pre-consolidation shares for every one post-consolidation share will occur on May 5, 2020 . As of the date of this news release, the Company has 92,019,316 common shares issued and outstanding. Upon completion of the [...]
Indigo Exploration Inc. announces that it has signed an option agreement, as described in more detail below, with Desert Gold Ventures Inc. and its local Mali subsidiary, Desert Gold Mali SARL , to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird Resources [...]
Indigo Exploration Inc. announces that it has regained the Lati permit under a new name Lati 2 in Burkina Faso, West Africa. The 180.5 square kilometre permit lies in central Burkina Faso about 150 km west by road from the capital of Ouagadougou. In 2012, the Company conducted a reverse circulation drill program which identified a 2.5 kilometre [...]
Indigo Exploration Inc. announces that it has entered into shareholder loan arrangements with certain shareholders of the Company to borrow a total of $100,000. The loans are not convertible into or repayable in equity or voting securities of the Company, and no bonus shares or bonus warrants will be issued in connection with the loans. The funds [...]
Indigo Exploration has closed a non-brokered private placement of 7,683,334 units priced at $0.03 per unit for total gross proceeds of $230,500. Further to the Company's news release dated February 5, 2018, announcing the original private placement of up 7,000,000 units for gross proceeds of up to $210,000, the number of units offered was [...]
Indigo Exploration is pleased to announce that it has increased a non-brokered private placement previously announced on February 5, 2018 from up to 7,000,000 units to up to 7,683,333 Units at a price of $0.03 per Unit for gross proceeds of up to $230,500. Each Unit is comprised of one common share and one share purchase warrant, each warrant [...]
Indigo Exploration is pleased to announce a non-brokered private placement of up to 7,000,000 units of the Company at a price of $0.03 per Unit for gross proceeds of up to $210,000. Each Unit is comprised of one common share and one share purchase warrant, each warrant entitling the holder to purchase one additional common share at a price of $0.05 [...]
Indigo Exploration announces that the Minister of Mines of Burkina Faso has made a decision to temporarily suspend access to the Company's Hantoukoura permit until the border with Niger is physically demarcated. The Minister's current position is that no exploration work will be allowed on the permit during the suspension period. The Minister has [...]
Indigo Exploration announces that at its annual general meeting held on September 20, shareholders re-elected Paul Cowley, Thomas Henricksen, Marino Sveinson, and Lorne Warner to the board of directors for the ensuing year. Keir Reynolds did not stand for re-election. Shareholders also re-approved the Company's "10% rolling" stock option plan and [...]
Indigo Exploration is pleased to announce that it has reacquired the full original Kodyel permit area via the granting of the new Hantoukoura permit from the Minister of Mines of Burkina Faso. The Hantoukoura permit, covering 238 square kilometres, is valid for three years and renewable for up to 6 additional years. The Kodyel permit was the [...]
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2016) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) has granted an aggregate of 2,600,000 stock options, subject to the terms and conditions of the Company's stock option plan, to directors, officers, employees, and consultants of the Company. The stock options are exercisable, at $0.05 [...]