Loncor Resources Inc. reports that its common shares are now quoted on the Frankfurt Stock Exchange under the trading symbol LO51. John Barker, VP of Business Development, commented: “Loncor has dramatically developed over the last 12 months with the Company growing through increased gold resources, ongoing exploration and the commencement of [...]
Loncor Resources Inc. announces that, further to its July 9, 2020 and July 31, 2020 press releases, it has closed the balance of its Cdn$5,000,000 non-brokered private placement financing , such balance involving the issue of 2,000,000 common shares of the Company at a price of Cdn$0.50 per share for gross proceeds of Cdn$1,000,000. The Company [...]
OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, announced Loncor Resources Inc. , a Canadian gold exploration company, has qualified to trade on the OTCQX® Best Market. Loncor Resources Inc. upgraded to OTCQX from the OTCQB® Venture Market. Loncor Resources Inc. began trading on OTCQX under the symbol [...]
Loncor Resources Inc. announces that, further to its July 9, 2020 press release, it has closed a first tranche of its non-brokered private placement financing for 8,000,000 common shares of the Company at a price of Cdn$0.50 per Offered Share for gross proceeds of Cdn$4,000,000. The Company expects to close the balance of the Financing within the [...]
Loncor Resources Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 common shares of the Company at a price of Cdn$0.50 per Offered Share for gross proceeds of up to Cdn$5,000,000. Closing of this financing is subject to receipt of all necessary approvals, including board and Toronto Stock Exchange approvals. The [...]
Loncor Resources Inc. announces that the five nominees listed in the Company’s management information circular for the annual and special meeting of shareholders of the Company held on Friday, June 26, 2020 were elected at the Meeting as directors of Loncor. The vote was conducted by a show of hands. The detailed results of the votes received by [...]
Loncor Resources Inc. announces that its 76.29%-owned subsidiary, Adumbi Mining SARL , has entered into a joint venture agreement with Barrick Gold Limited for two exploitation permits held by Adumbi Mining covering ground contiguous to the Company’s Imva area within the Ngayu gold belt in the northeast of the Democratic Republic of the Congo . The [...]
Loncor Resources Inc. announces that Barrick Gold SARL has commenced its core drilling program on several priority gold targets within the Ngayu greenstone belt in the northeast of the Democratic Republic of the Congo . The beginning of the drilling campaign signals a significant step in the sequence of events necessary to assess numerous areas of [...]
Loncor Resources Inc. announces that it has filed on SEDAR an independent National Instrument 43-101 technical report relating to the Company’s Imbo Project, in particular, the updated gold mineral resource estimates for the Imbo Project reported in the Company’s April 17, 2020 press release. The Technical Report, which was prepared by Minecon [...]
Loncor Resources Inc. announces that it expects to file by June 10, 2020 the independent National Instrument 43-101 technical report relating to the mineral resource estimates on the Company’s Imbo Project reported in the Company’s April 17, 2020 press release of National Instrument 43-101). In filing the NI 43-101 Report by June 10, 2020, the [...]
Loncor Resources Inc. is pleased to provide an update on its activities within the Ngayu Greenstone Belt, where the Company has a dominant foot-print through its joint venture with Barrick Gold SARL and on its own majority-owned exploration licences and exploitation concessions, including the Imbo exploitation concession that contains the Adumbi [...]
Loncor Resources Inc. is pleased to announce a 49% increase in mineral resources at its Imbo Project in the D.R. Congo. Compared to the inferred mineral resources of 1.675 million ounces of gold outlined in January 2014 by independent consultants Roscoe Postle Associates Inc. on three separate deposits, Adumbi, Kitenge and Manzako at Imbo, inferred [...]
