Goldflare Exploration Inc. announces that its board of directors has approved a proposed share consolidation on a 5 to 1 basis , subject to the approval of a special resolution by the Company's shareholders at the upcoming annual and special meeting that will be held on August 21, 2024 , compliance with the TSXV requirements and its approbation [...]
Goldflare Exploration Inc. announces the closing of two private offerings: Common share private placement of $70,000 offered to eligible investors at a price of $0.015 per unit common share at a price of $0.015 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 36 months following the [...]
Goldflare Exploration Inc. announces that subscriptions for its current placements opened on June 27 exceeded the initial anticipated amounts, particularly in the flow-through placement which is showing sustained demand. Here are the details of the changes to the two placements in effect: The first private placement offering is presented to [...]
Goldflare Exploration Inc. announces a private placement offering presented to eligible investors, at a price of $0.015 per unit common share at a price of $0.015 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 36 months following the closing of the Placement) . The anticipated gross [...]
Goldflare Exploration wishes to announce that Mr. Michel Desjardins, currently President of the Board of Directors, has been appointed as the Chief Executive Officer of the Company. Mr. Desjardins succeeds Mr. Ghislain Morin, who, due to significant health issues, has decided to step down from his position. However, Mr. Morin will retain his role [...]
HIGHLIGHTS Drill program completed about 700 metres west from the Fayolle open pit. 2023 best results: 1.3 g/t over 22.8m in hole AIG-32-26. High grade interval of 113 g/t over 1m in hole AIG-23-13. Multiple exploration targets defined over 3.5km extension along the Porcupine-Destor Break. Goldflare Exploration Inc. is pleased to announce a follow [...]
Goldflare Exploration Inc. is pleased to announce the appointment of Mr. Michel Desjardins and Mr. Pierre Alexandre to the Board of Directors of the Company, as independent directors. Mr. Desjardins replaces Mr. Yves Dufour, independent director for Goldflare since November 2019, and will also act as Chairman of the board. For his part, Mr. Pierre [...]
Goldflare Exploration Inc. wishes to announce the resignation of Serge Roy as Vice-President, Strategy and Business as well as Chairman of the Board of the Company. All members of management and the Board of directors would like to thank Mr. Roy for the services he has provided since taking office in 2019. Resigning for personal reasons, Mr. Roy [...]
HIGHLIGHTS Goldflare completes a 9-holes short drill program on the Goldfields Zone, 700 metres west of Iamgold's Fayolle mining pit. Best result: 1.3 g/t gold over 22.8 metres including a higher-grade interval of 5.8 g/t gold over 2.4m in hole AIG-23-26. Drilling confirmed extension over 100 metres along strike, open at depth, leading to resume [...]
Goldflare Exploration Inc. announces the closing of a private placement offering presented to eligible investors, at a price of $0.21 per unit allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 12 months following the closing of the Placement). The Offering totals 1,102,858 common shares, 2,205,716 [...]
Goldflare Exploration Inc. announces the closing of the following two private offerings: Flow-through private placement of $120,000 offered to eligible investors at a price of $0.03 per unit . The issue totals 4,000,000 Flow-through shares. Finder's fees of $7,200 were incurred for the financing. No insiders participated in the Offering. Common [...]
Goldflare Exploration Inc. announces that the anticipated gross proceeds of its common stock financing are now expected to be $150,000 or 6,000,000 units. All other elements of the private placement remain the same. Closing is expected on November 30, 2023. This private placement is subject to the finalization of formal documentation, regulatory [...]