United Reef is pleased to announce that it has completed the sale of its 2% net smelter royalty on the Passendro gold project located in the Central African Republic to AXMIN. United Reef has now received 447,038 AXMIN common shares as consideration for the NSR, as disclosed in United Reef's press release dated April 4. The AXMIN common shares are [...]
United Reef is pleased to announce that it has entered into an agreement with AXMIN whereby United Reef has agreed to sell to AXMIN the 2% net smelter royalty which United Reef holds on the Passendro gold project in the Central African Republic. AXMIN has agreed to pay United Reef $250,000, for all of United Reef's right, title and interest in the [...]
United Reef is pleased to provide the following update further to its press releases dated December 5, 2011 and January 23, 2012, with respect to a proposed reverse takeover transaction with Black Widow Resources. Pursuant to a non-binding letter of intent dated December 1, United Reef and Black Widow agreed to complete a transaction that will [...]
United Reef is pleased to provide the following update further to its press release dated December 5, 2011, with respect to a proposed reverse takeover transaction with Black Widow Resources. Pursuant to a non-binding letter of intent dated December 1, United Reef and Black Widow agreed to complete a transaction that will result in a reverse [...]
United Reef is pleased to announce that it has signed a non-binding letter of intent with Black Widow, a private company incorporated under the laws of Canada pursuant to the Canada Business Corporations Act, which outlines the general terms and conditions pursuant to which United Reef and Black Widow would be willing to complete a transaction that [...]
United Reef is pleased to announce that it has entered into an option and joint venture agreement with Black Widow Resources, a private Canadian, federally chartered, company. United Reef has granted Black Widow an option to earn a 70% interest in United Reef's wholly-owned Santa Maria claims, located in the Dryden area, Ontario. The option granted [...]
United Reef is pleased to announce that it has reached an agreement with the owner of five of the claims forming part of the Company's Santa Maria property to allow the Company to exercise its option and acquire a 100% interest in the five claims. This amendment to the option was completed in the last few days by making a payment of $6,000 and [...]
United Reef said that it is making an offering of convertible promissory notes by way of private placement to qualified investors on a non-brokered basis. The Offering will consist of up to $800,000 in total principal of one year, interest bearing and convertible promissory notes which are convertible into securities of the Company. The P/Notes are [...]
United Reef said that it has accepted the resignation of Mr. Richard Lachcik as a Director of the Company. Mr. Lachcik has been a member of the Board since 2004 and the Directors wish to thank him for his numerous contributions and advice to the Company during this time. He has advised the Company that his law practice and his other corporate and [...]
United Reef said it has received and evaluated the assays from the seven hole, 597 metre drilling program recently completed on its Nixon Bartleman property in the West Timmins area. Six of the drill holes completed targeted the historic Nixon Bartleman prospect near the center of the property which the Company had believed to be highly [...]
