TORONTO, ONTARIO--(Marketwired - Mar 10, 2017) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) ("Pele" or the "Company") is pleased to announce that shareholders of the Company have approved all matters voted on at the Company's Annual and Special Meeting of Shareholders held on March 9, 2017 being: election of management's proposed slate of [...]
TORONTO, ONTARIO--(Marketwired - Feb 6, 2017) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) ("Pele" or the "Company") today provided an update on its rare earth processing project in Elliot Lake, Ontario. Pele remains committed to developing Canada's first rare earth processing centre at the site of its Eco Ridge Uranium and Rare Earth project [...]
TORONTO, ONTARIO--(Marketwired - Feb. 2, 2017) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) ("Pele" or the "Company") today announced the formation of a wholly-owned subsidiary, Sage Power Corporation ("SPC"), to advance its energy generation and storage projects (the "Projects") in Northern Ontario. In September 2016, Pele entered into a [...]
TORONTO, ONTARIO--(Marketwired - Jan 31, 2017) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) ("Pele" or the "Company") today provided an update on NI 43-101 uranium resources at its 100-percent owned Eco Ridge Project ("Eco Ridge") and on the status of its energy and rare earth processing projects. Pele President Al Shefsky stated, "Although the [...]
TORONTO, ONTARIO--(Marketwired - Sep 23, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that it has entered into a funding agreement (the "Agreement") with an arm's length lender (the "Lender"). The Agreement sets out the terms of a $100,000 loan (the "Loan") from the Lender to Pele [...]
TORONTO, ONTARIO--(Marketwired - Sep 19, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") announced today that it has signed a Sustainable Energy Development Agreement (the "Agreement") with the City of Elliot Lake, Ontario (the "City"). Under the terms of the Agreement, the Elliot Lake City Council has [...]
TORONTO, ONTARIO--(Marketwired - Jul 5, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") announced today that Pele and Chalice Gold Mines (TSX:CXN) ("Chalice") have entered into a purchase agreement whereby their respective operating subsidiaries will sell their respective interests in the Ardeen Gold [...]
TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today provided an update regarding development plans and progress for its Rare Earth Processing Centre and Solar Energy Power projects at and near its Eco Ridge property ("Eco Ridge" or the "Property") in the City of [...]
TORONTO, ONTARIO--(Marketwired - Mar 11, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce that shareholders of the Company have approved all matters voted on at the Company's Annual and Special Meeting of Shareholders held on March 10, 2016 being: election of management's proposed [...]
TORONTO, ONTARIO--(Marketwired - Feb 24, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce that it has entered into a shares-for-debt settlement agreement with certain creditors. Upon approval of requisite filings, Pele will issue 2,785,001 common shares, at a deemed price of $0.05 [...]
Pele Mountain announced that it has closed a non-brokered private placement offering comprised of 4,155,000 flow-through units at a purchase price of $0.05 per FT Unit for aggregate gross proceeds of $207,750 and 6,049,000 units at a price of $0.05 each for aggregate gross proceeds of $302,450. The total amount raised under the Offering was [...]
TORONTO, ONTARIO--(Marketwired - Jan 15, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce the appointment of Mr. Wayne Richardson to its Board of Directors and his election as Chairman of its Board. Mr. Richardson is President and Chief Executive Officer of Enirgi Group ("Enirgi [...]
