55 North Mining Inc. announces that it has entered into a binding letter of intent with European Cobalt Ltd. pursuant to which European Cobalt Ltd. will acquire 100% of the rights, title and interest in the Edleston Gold Project south of the Timmins gold camp in Ontario Canada . European Cobalt has agreed to pay a non-refundable cash payment of [...]
55 North Mining Inc. announces that it has finalized the settlement of $110,000 in indebtedness of the Company to a service provider through the issuance of units . Each unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles the holder to purchase one Common Share for a period of [...]
55 North Mining Inc. reports that its board of directors has approved the settlement of up to $834,000 of debt through the issuance of common shares of the Company . Pursuant to the Debt Settlement, the Company will issue up to 20,850,000 common shares of the Company at a deemed price of $0.04 per Share to certain creditors of the Company [...]
55 North Mining Inc. announces its imminent reinstatement to trade on the TSX Venture Exchange, and subsequent voluntary delisting, a previously closed private placement and the previously announced sale of its remaining interest in the Tully Property. Reinstatement to Trading The Company was suspended from trading by the TSX Venture Exchange in [...]
55 North Mining Inc. (formerly SGX Resources Inc.) announces that it has obtained regulatory and shareholder approvals for and has closed the previously announced (see press release dated August 8, 2018) sale of its remaining 50% interest in the Tully mining claims and mining lease located in Timmins, an exploration property in Ontario, to 1911 [...]
55 North Mining Inc. is pleased to announce the appointment of Mr. Dan Hrushewsky to the Board of Directors of 55 North. “We are pleased to welcome Dan to 55 North’s Board of Directors” stated Bruce Reid, Chairman and Chief Executive Officer. “ Dan brings a wealth of experience to the board in the areas of mining project analysis and finance.” Dan [...]
55 North Mining Inc. (formerly named SGX Resources Inc.) announces that it has closed a non-brokered private placement offering of 3.7 million Units of the Company at $0.06 per Unit for gross proceeds of $222,000 on November 15, 2018. Each Unit is comprised of one flow through common share and one non-flow-through purchase warrant entitling the [...]
55 North Mining Inc. (formerly named SGX Resources Inc.) announces that the Company has accepted the resignation of Jennifer Boyle as a Director of the Company. The Board of Directors would like to thank Ms. Boyle for her contributions to the Company.
55 North Mining Inc. (formerly named SGX Resources Inc.) announces that further to its news release on July 4, 2018, it intends to seek approval from the TSX Venture Exchange to extend the deadline for filing final documentation for its non-brokered private placement for 30 days. The Company closed the first tranche of this private placement [...]
55 North Mining Inc. (formerly named SGX Resources Inc.) announces that it has entered into an agreement with Havilah Mining Canada Ltd, whereby Havilah has agreed to acquire the remaining 50% interest in the Tully mining claims and mining lease located in Timmins, an exploration property in Ontario. Under the terms of the Agreement, Havilah will [...]
55 North Mining Inc. (formerly named SGX Resources Inc.) announces that it has closed the first tranche of its private placement offering for gross proceeds of $222,000 by the issuance of 3.7 million Units at a price of $0.06 per Unit. Each Unit is comprised of one flow through common share and one non-flow-through purchase warrant entitling the [...]
SGX Resources Inc. (now named 55 North Mining Inc.) announces that that on June 6, 2018, SGX received shareholder approval for all items of business set out in the management information circular dated April 30, 2018, including approval to consolidate its common shares and name change. Accordingly, the Company has made application to the TSX [...]
