Fairmont Resources is reporting that, in anticipation of the closing of two three-cornered amalgamations to be completed by and among Fairmont and certain of its wholly-owned subsidiaries, including Influencers Interactive Inc. and 1250312 B.C. Ltd., Fairmont has effected a change of its name to "i3 Interactive Inc." The Amalgamations, which remain [...]
Fairmont Resources is reporting the consolidation of the Company's issued and outstanding common shares on the basis of one post-Consolidation Common Share for each ten pre-Consolidation Common Shares. The Consolidation is effective as of May 8, 2020. The Consolidation was approved by resolution of the Company's board of directors. Prior to the [...]
Fairmont Resources announces that its previously announced non-binding letter of intent with Full Spectrum Brands Canada Inc. has terminated and that the transactions contemplated thereby will not proceed. For more information on the letter of intent and the transactions contemplated thereby, please see the Company's news release dated February 4 [...]
Fairmont Resources Inc. has announced that the Corporation wish to add Jack Wortzman to the current board of directors, effective of the date hereof. Jack Wortzman played an integral role within the Final Engineering components of the Industrial and manufacturing Engineer department of the Oakville Assembly Plant of Ford of Canada for a period of [...]
Fairmont Resources is pleased to announce that it has entered into a non-binding letter of intent with Full Spectrum Brands Canada Inc. The LOI outlines certain mutual understandings and principal terms and conditions pursuant to which the Company and Full Spectrum Brands Canada intend to effect a possible transaction that will result in a reverse [...]
Fairmont Resources is pleased to announce that, pursuant to a debt settlement and release agreement with Frederic Bergeron and Magnor Exploration Inc. the Company has closed the Release Agreement. Under the terms of the Release Agreement, the Releasing Parties and as previously disclosed in its initially press release dated August 23, 2018, the [...]
Fairmont Resources Inc. has announced that, effective December 31, 2018, Harvey McKenzie has resigned as director of the Company and he has been replaced by Binyomin Posen, subject to regulatory approval. Mr. Posen is a Senior Analyst at Plaza Capital Limited, where he focuses on corporate finance, capital markets and helping companies to go [...]
Fairmont Resources Inc. announces that it is actively assessing its options to restructure its debt. The Company has resumed talks with several major creditors, including to settle the judgment against the Company in the amount of €575,000, by issuing common shares in the capital of the Company at a substantial discount to the current trading price [...]
Fairmont Resources Inc. announces that, as previously disclosed in its news releases of August 23, 2018 and October 4, 2018, the Company applied for, and has now received, approval from the TSX Venture Exchange to delist its common shares, with the delisting to take effect at the close of business on Friday, October 26, 2018. The Company received [...]
Fairmont Resources Inc. announces that, as previously disclosed in its news release of August 23, 2018, the Company intends proceed as soon as possible with its plans to delist its common shares from the TSX Venture Exchange and to transfer its interest in the Buttercup Property to Frederic Bergeron and Magnor Exploration Inc. in satisfaction of [...]
Fairmont Resources Inc. is pleased to announce that effective October 1, 2018, the Company will consolidate its common shares on the basis of one new post-consolidation common share for every ten pre-consolidation common shares . Effective at the opening of trade on Tuesday, October 2, 2018, common shares of the Company will commence trading on the [...]
Fairmont Resources is pleased to announce that it intends to complete a non-brokered private placement of up to 40,000,000 units of Fairmont at a price of $0.025 per Unit for gross proceeds of up to $1,000,000 , with each Unit being comprised of one common share and one common share purchase warrant, each such warrant entitling the holder thereof [...]
