TORONTO, ONTARIO--(Marketwired - Dec 10, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today announced the repositioning of its wholly-owned operating subsidiary that holds its Eco Ridge property in Elliot Lake, Ontario, changing its name from First Canadian Uranium Inc. to Eco Ridge Development [...]
TORONTO, ONTARIO--(Marketwired - Nov 20, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced that it has closed a non-brokered private placement offering (the "Offering") comprised of 2,134,180 flow-through units (the "FT Units") at a purchase price of $0.05 per FT Unit for aggregate gross [...]
TORONTO, ONTARIO--(Marketwired - Oct 7, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that it has granted a total of 3,225,000 incentive stock options to members of Management and the Board of Directors of the Company, which are exercisable at $0.05 per share and expire on December 31 [...]
TORONTO, ONTARIO--(Marketwired - Oct 1, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today provided an update on its Eco Ridge Monazite Processing Project in Elliot Lake, Ontario. On March 28, 2015, Pele signed a Memorandum of Understanding ("MOU") with Sheng Kang Ning (Shanghai) Mining Investment [...]
TORONTO, ONTARIO--(Marketwired - Jul 28, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today provided an update regarding the escalating dislocations in the rare earth industry and resulting implications for Pele's monazite processing strategy. In 2014, Pele expanded its business model to include the [...]
TORONTO, ONTARIO--(Marketwired - Jun 9, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that that Ms. Janis Peleshok, who joined Pele's Board of Directors in March 2014, has resigned effective immediately from Pele's Board, to focus on a new full time professional position. Al Shefsky [...]
TORONTO, ONTARIO--(Marketwired - June 8, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that it has granted a total of 1,106,250 incentive stock options to members of Management and the Board of Directors of the Company, which are exercisable at $0.05 per share and expire on December [...]
TORONTO, ONTARIO--(Marketwired - May 25, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") announced the closing of a non-brokered private placement offering ("Offering") comprised of 1,700,000 units (the "Units") at a price of $0.05 each for aggregate gross proceeds of $85,000. Each Unit consists of one [...]
TORONTO, ONTARIO--(Marketwired - May 6, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") expressed its appreciation today to Federal, Provincial and City government representatives for supporting the Memorandum of Understanding ("MOU") that Pele recently entered into with Sheng Kang Ning (Shanghai [...]
TORONTO, ONTARIO--(Marketwired - Apr 13, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced the closing of a non-brokered private placement offering ("Offering") comprised of 8,012,200 units (the "Units") at a price of $0.05 each for aggregate gross proceeds of $400,610. Each Unit consists of one [...]
TORONTO, ONTARIO--(Marketwired - Mar 30, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") announced today that it has entered into a Memorandum of Understanding ("MOU") with Sheng Kang Ning (Shanghai) Mining Investment Co. Ltd., ("SKN") to jointly pursue the opportunity of developing rare earth [...]
TORONTO, ONTARIO--(Marketwired - March 5, 2015) - 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 5, 2015 being, namely: election of management's [...]
