Fairmont Resources is pleased to announce that is has closed the final tranche of its previously announced private placement financing by issuing 2,142,857 units at a price of $0.07 per NFT Unit for gross proceeds of $150,000. Under the entire financing, Fairmont issued a total of 1,425,000 flow-through units for gross proceeds of $114,000 and [...]
Fairmont Resources is pleased to announce that is has closed 1,425,000 units at a price of $0.08 per FT Unit for gross proceeds of up to $114,000. Each FT Unit will be comprised of one flow-through common share of Fairmont and one common share purchase warrant, with each FT Warrant entitling the holder to purchase one additional common share at [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 28, 2016) - Fairmont Resources Inc. ("Fairmont") (TSX VENTURE:FMR) is pleased to announce it has received an extension to complete the payment for Granitos de Badajoz ("Grabasa") until February 22, 2017 from the Spanish Court in Badajoz. "We are optimistic that a financing solution is close at hand [...]
Fairmont Resources is pleased to announce a proposed non-brokered private placement financing of up to 2,142,857 units at a price of $0.07 per NFT Unit for gross proceeds of up to $150,000 and a minimum of 1,250,000 and maximum of 1,875,000 units (the "FT Units") at a price of $0.08 per FT Unit for gross proceeds of up to $150,000. Each NFT Unit [...]
- Historic resource of 12.3 million short tons (11.2 million tonnes) of 99.20% SiO2 - "acceptable quality for ferro silicon" - Ferro Silicon sales price recently reported at CAN$100 per tonne VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 2, 2016) - Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") announces that it has [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 19, 2016) - Fairmont Resources Inc. (TSX VENTURE:FMR)(OTC:FRSSF)(FRANKFURT:F0O1) ("Fairmont") Fairmont intends to make the final payment on the Grabasa purchase of 2,550,000 Euros to the Spanish courts before the expiry of the exclusivity period on July 25, 2016. The Grabasa transaction purchase [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 23, 2016) - Fairmont Resources Inc. (TSX VENTURE:FMR)(OTC:FRSSF)(FRANKFURT:F0O1) ("Fairmont") is pleased to announce that a deposit of 150,000 Euros was sent by Fairmont and received by the court in Spain with respect to the Granitos de Badajoz S.A. ("Grabasa") assets acquisition. This is in addition [...]
Vancouver, BC (FSCwire) - Fairmont Resources Inc. (FMR: TSX-V) (“Fairmont”) is encouraged by the Court Approval yesterday of the Asset Purchase Agreement of RB Energy Inc. by Jilin Jien Nickel Industry Co. (“Jilin”). RB Energy, who once claimed its Quebec mine would produce “the highest-quality lithium carbonate in the world”, was forced to halt [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2016) - Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") announces that its board of directors has granted a total of 1,815,000 stock options to its directors, officer and consultants. The options are exercisable at a price of $0.18 per share and expire on either June 17, 2021 (directors and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 8, 2016) - Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") is pleased to announce it has closed its previously announced private placement (the "Private Placement") by issuing 8 million units (the "Units") at a price of $0.06 per Unit for gross proceeds of $480,000. Each Unit consists of one [...]
Fairmont Resources is pleased to announce a private placement of 8 million units. Each Unit consists of one common share and one half Share purchase warrant at a price of $0.06 per Unit. Each full Warrant will entitle the holder to purchase one Share for a period of 12 months at an exercise price of $0.10 per Share. Fairmont may accelerate the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2016) - Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") announces that, subject to TSX Venture Exchange approval, it has negotiated an option agreement with a Quebec prospector (the "Optionor") to acquire a 100% interest in the Rome Lithium property, near Val d'Or, Quebec (the "Property [...]