Explor Resources Inc. is pleased to announce that it has completed its previously announced business combination with Galleon Gold Corp .The transaction was accomplished by a three-cornered amalgamation. The amalgamation agreement was filed on SEDAR on November 12, 2019. Explor amalgamated with 2227390 Alberta Ltd. to form GGO Gold Corp. In [...]
Explor Resources Inc. is pleased to announce that at the Annual and Special Meeting of Shareholders held on December 11, 2019, the following directors were elected: Christian Dupont of New Brunswick, Geoffrey Carter of Ontario, Mario Colantonio of Ontario and Gerhard Merkel of Germany. The accounting firm Dallaire & Lapointe Inc. was re-appointed [...]
Explor Resources Inc. announces that it has amended the terms of the secured convertible debentures in the principal aggregate amount of $1,300,000 that mature on November 28, 2019. The Convertible Debentures, issued on November 28, 2018, bear interest at an annual rate of 8%, are secured by the Corporation’s Timmins Porcupine West Property [...]
Explor Resources Inc. is pleased to announce the closing of a non-brokered private placement of CDN $500,000 in units. This private placement is in connection with the Transaction with Pure Nickel Inc. which was previously announced . Private Placement With the terms of the Transaction, Pure Nickel has agreed to subscribe for 10,000,000 units of [...]
Explor Resources Inc. is pleased to announce that it has signed today an Amalgamation Agreement with Pure Nickel Inc. to merge the companies on a 54/46 basis . In connection with the Transaction, Pure Nickel will issue approximately 95,198,612 common shares of Pure Nickel in exchange for all of the issued and outstanding common shares of Explor. As [...]
Pure Nickel Inc. is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd., has entered into an investment agreement with the Company pursuant to which Mr. Sprott has agreed to subscribe for a convertible debenture of the Company in the principal amount of $3,000,000, subject to certain terms and conditions. The Debenture will have a [...]
Explor Resources Inc. announces that it is retracting the information that was provided in an article published on February 5, 2019 on the web site Metalsnews.com entitled “ Explor Resources Inc.: Gold Miner Exploring and Developing in the Historically Prolific Timmins Mining Camp in Ontario, Canada: Interview with Chris Dupont, President and [...]
Explor Resources Inc. announces that it has renewed at new conditions the $767,500 convertible debentures issued on April 3 and April 10, 2017 that expired on April 3 and April 10, 2019 . The interests due and not paid have been included in the principal amount and the Corporation also issued a new convertible debenture for an amount of $50,000 [...]
Explor Resources Inc. announces that it has signed an option agreement with Puma Exploration Inc. “Puma”) to sell the Chester Copper and VMS, located in the Northumberland County, Province of New Brunswick. The option agreement sets out the general terms pursuant to which it is proposed that Puma acquires the right to earn 100% interest [...]
Explor Resources Inc. announces that it has renewed at new conditions the $1,200,000 convertible debentures issued on July 5, 2016 that expired on July 5, 2018 . The Corporation also issued a new convertible debenture for an amount of $100,000. The Placement now consists of an amount of 1,300 units at a price of $1,000 per unit , each Unit [...]
Explor Resources Inc. announces today that it has granted an aggregate of 5,300,000 incentive stock options to directors, officers and consultants of the Corporation pursuant to its stock option plan. These stock options will allow to acquire shares of the Corporation at a price of $0.05 per share and will expire on September 17, 2023. [...]
ROUYN-NORANDA, Quebec, May 31, 2018 -- Explor Resources Inc. is pleased to announce the completion of Preliminary Metallurgical Testing on the low grade near surface gold ore on the Timmins Porcupine West Property . Explor selected a representative sample from diamond drill holes in the area of the potential open pit. A 45 kilogram composite sample [...]
