TORONTO, ONTARIO--(Marketwired - Nov 27, 2013) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce that Mr. John Wilkinson has joined Pele's Board of Directors. Mr. Wilkinson served as a Cabinet Minister in the government of Ontario from 2007 to 2011. As Ontario's first full-time Minister [...]
TORONTO, ONTARIO--(Marketwired - Oct 4, 2013) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced that it has granted 500,000 incentive stock options to one individual director who also serves as the Chairman of the Audit Committee. The options are exercisable at $0.10 per share and expire on October 4 [...]
TORONTO, ONTARIO--(Marketwired - Oct 3, 2013) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce that it has closed a non-brokered private placement offering (the "Offering") comprised of 2,000,000 units (the "Units") at a price of $0.05 each for aggregate gross proceeds of $100,000 and [...]
TORONTO, ONTARIO--(Marketwired - Sep 12, 2013) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") today announced the results of an updated economic review of its Eco Ridge Mine Rare Earth and Uranium Project ("Eco Ridge") in Elliot Lake, Ontario, prepared by Roscoe Postle Associates Inc. ("RPA"). The economic [...]
Pele Mountain Resources is pleased to announce that it has closed the final tranche of a non-brokered private placement offering with one additional investor comprised of 500,000 flow- through units (the "FT Units") at a purchase price of $0.07 per FT Unit for aggregate gross proceeds of $35,000. Each FT Unit consists of one common share and [...]
TORONTO, ONTARIO--(Marketwired - Jul 4, 2013) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce that it has closed the second t...
TORONTO, ONTARIO -- (Marketwired) -- 06/24/13 -- Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCWX: GOLDF) ("Pele" or the "Company") is pleased to announce that it has closed the first tranche of a non-brokered private placement offering (the "Offering") comprised of 6,905,809 flow-through units (the "FT Units") at a purchase price of $0.07 [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/10/13 -- Pele Mountain Resources Inc. (TSX VENTURE: GEM) (OTCQX: GOLDF) ("Pele" or the "Company") today announced an updated NI 43-101 Resource Estimate (the "Resource Estimate") for its Eco Ridge Mine Project in Elliot Lake, Ontario. Pele has completed a positive Preliminary Economic Assessment ("PEA") for [...]
Pele Mountain Resources 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 7, 2013 being, namely: 1. election of management's proposed slate of directors of the Company; 2. reappointment of Collins Barrow LLP, as the auditors of the [...]
TORONTO, ONTARIO -- (Marketwired) -- 05/28/13 -- Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") announced today that the Festival Project joint venture with Goldcorp Inc. (TSX: G)(NYSE: GG) has been reactivated. The joint venture will begin an exploration program this summer with Goldcorp as the project [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/03/13 -- Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") announced today that it has retained Roscoe Postle Associates Inc. ("RPA") to prepare an update to the NI 43-101 mineral resource estimate for its Eco Ridge Mine Rare Earth and Uranium Project ("Eco Ridge") in [...]
TORONTO, ONTARIO -- (Marketwire) -- 02/27/13 -- Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") announced today that it has engaged Jacob Securities Inc. to provide financial advisory services to Pele as it advances its flagship Eco Ridge Mine Rare Earth and Uranium Project in Elliot Lake, Ontario.