Loncor Resources Inc. is pleased to announce that Zhengquan Chen has been appointed a director of the Company. Mr. Chen is Managing Partner of Dynaco Capital Inc., a Toronto-based financial advisory firm. He has participated in several significant transactions between Chinese SOEs and TSX-listed mineral companies in the past two decades. Mr. Chen [...]
Loncor Resources Inc. announces that the three nominees listed in the Company’s management information circular for the annual and special meeting of shareholders of the Company held on Thursday, June 27, 2019 were elected at the Meeting as directors of Loncor. The vote was conducted by a show of hands. The detailed results of the votes [...]
Loncor Resources Inc. is pleased to provide an update on exploration activities undertaken by Barrick Gold SARL on Loncor’s Archean greenstone Ngayu gold project in northeastern Democratic Republic of the Congo . Such activities are being carried out as part of the joint venture agreement between Barrick and Loncor. The Ngayu Archean [...]
Loncor Resources Inc. announces that it has applied to the Toronto Stock Exchange to extend the term of a total of 750,000 common share purchase warrants of the Company . These Warrants were issued as part of a private placement of securities of the Company which closed on February 28, 2017. Each of these Warrants entitles the holder to purchase [...]
Loncor Resources Inc. announces that it has applied to the Toronto Stock Exchange to extend the term of a total of 2,000,000 common share purchase warrants of the Company . These Warrants were issued as part of a private placement of securities of the Company which closed on February 3, 2017. Each of these Warrants entitles the holder to purchase [...]
Loncor Resources Inc. is pleased to announce an update on exploration activities undertaken by Randgold Resources Limited on Loncor’s Ngayu project in northeastern Democratic Republic of the Congo as part of the joint venture agreement between Randgold and Loncor. Exploration this year has been focused on the Anguluku prospect area where [...]
Loncor Resources announces that the four nominees listed in the Company’s management information circular for the annual and special meeting of shareholders of the Company held on Friday, June 29, 2018 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 [...]
June 26, 2018 -- Loncor Resources Inc. is pleased to announce that the private placement and share swap transactions with Resolute Mining Ltd. as previously announced by Loncor in its April 3, 2018, May 16, 2018 and June 19, 2018 press releases, have been completed today pursuant to the definitive agreements signed today between the parties. The [...]
June 19, 2018 -- Loncor Resources Inc. announces that, further to its May 16, 2018 and April 3, 2018 press releases, it has closed a non-brokered private placement of 1,700,000 common shares of the Company at a price of Cdn$0.10 per share for gross proceeds of Cdn$170,000. Mr. Arnold Kondrat , who is President, Chief Executive Officer and a [...]
Loncor Resources Inc. announces that it has applied to the Toronto Stock Exchange to extend the term of a total of 875,000 common share purchase warrants of the Company . These Warrants were issued as part of a private placement of securities of the Company which closed on June 29, 2016. Each of these Warrants entitles the holder to purchase one [...]
Loncor Resources announces that the transactions with Resolute Mining pursuant to the binding term sheet as previously announced by Loncor on April 3, are progressing through the due diligence phase and, assuming Resolute is satisfied with its due diligence review, the Company expects that the definitive agreements for the Transactions will be [...]
Loncor Resources is pleased to announce that it has entered into a binding term sheet with Resolute Mining whereby Resolute will acquire a total of 51,000,000 common shares of Loncor. As part of the series of transactions contemplated by the term sheet , the Company will issue 26,000,000 common shares to Resolute at a price of Cdn$0.10 per share [...]
