Monarques is pleased to announce that it has closed a non-brokered private placement of an aggregate of 4,690,000 units at a price of $0.125 per unit. Each Unit is comprised of: (i) one common share in the capital of the Corporation at a price of $0.125 per share; and (ii) one common share purchase warrant (a "Warrant"). Each Warrant entitles the [...]
Monarques Resources is glad to announce that Mr. Jean-Marc Lacoste has joined the Board of Directors of the Company. Mr. Lacoste is filling in the position left vacant by the departure of Mr. Victor Cantore. The Board would like to hereby thank Mr. Cantore for his precious involvement within the Board of Directors.
Monarques is pleased to announce that it has entered into a purchase agreement of 13 mining claims owned by Les Ressources Tectonic Inc. located in the Province of Quebec, NTS Sheet 32N/08 and 32N/09. In consideration of the acquisition of these claims, Monarques has agreed to pay to Tectonic $15,000 in cash and to issue 70,000 common shares. Also [...]
Monarques is pleased to present a summary of its most recent exploration programs. Mr. Guy Bourassa, President and Chief Executive Officer, summarized the findings of the program when he commented: 'The results from our Caumont property identified significant Ni-Cu-PGE mineralization up to 50 km south west from our Nisk-1 deposit. Moreover, the [...]
Monarques is pleased to provide results from the 2011 exploration program on its 100% owned Bourier property. The 2011 exploration program on the Bourier property included geological mapping, prospecting, soil sampling and stripping on the North-Eastern part of the property as well as drilling of targets generated by geological mapping and [...]
Monarques announces that it held, last November 22, its annual general and special meeting during which the shareholders of Monarques re-elected Messrs. Michel Baril, Guy Bourassa, René Lessard, Yves Caron, Victor Cantore and Robert Ayotte as directors of the Corporation. Moreover, during the Meeting, the shareholders of Monarques voted in favour [...]
Monarques is pleased to announce it will retain the services of Bay Capital Markets Inc. for the purposes of providing financial public relations services pertaining to the activities of the Corporation. In carrying out its mandate, Bay Capital Markets Inc. will establish a closer and more constant relationship between the Corporation and the [...]
Monarques Resources is pleased to announce the discovery of a massive sulphide zone which extends up to 25 km long on its 100% owned Bourier property. In addition, the company is pleased to provide a progress report on its other properties. 2,214 meters of drilling (15 holes) were completed in the northern portion of the Bourier property to test [...]
Monarques is pleased to announce that two new anomalies at its Nisk-1 deposit have been identified by an induced polarization (IP) survey. The Company also would like to report the key results of its recently completed work at this 100% owned deposit.
Monarques Resources Inc. is pleased to report the results of five diamond drill holes that were completed during the winter 2011 exploration campaign on its 100% owned Arques property. The Arques property is part of Monarques 125 km long polymetallic property package, that is located in the lower James Bay region of Quebec.
