Typhoon Exploration Inc. is proud to announce the acquisition of new properties in the Nord-du-Québec region, on the Eeyou Istchee Baie-James territory. This acquisition is subject to the approval of non-related shareholders, since Typhoon hasnt provided a price justification for this acquisition between Non-Arms Length parties. The approval of [...]
Typhoon Exploration Inc. is proud to announce the acquisition of new properties in the Nord-du-Québec region, on the Eeyou Istchee Baie-James territory. This announcement is pursuant to a mineral property purchase agreement dated March 16, 2020, with a non-arms length company, 9400-4579 Quebec Inc., owned by 3 officers of Typhoon Exploration Inc[...]
Typhoon Exploration Inc. , announces the closing of a 100% flow through private placement of: $290,000. The private placement consists of issuance of 4,461,538 flow thru shares at a price of $0.065 per share for a gross proceed of $290,000. Typhoon will pay finder fees of $17,500. One insider has participated to this placement for $10,000. All [...]
Typhoon Exploration Inc. , announces the closing of a private placement of: $135,000. The private placement consists of issuance of 2,700,000 shares at a price of $0.05 per share, with 2,700,000 share purchase warrants. Each share purchase warrant shall entitle its holder thereof to acquire one additional common share of Typhoon at a price of $0.10 [...]
Typhoon Exploration Inc. is proud to announce the arrival of two new experienced directors on its team. Misters Ghislain Morin and Yves Dufour join the Typhoon team to replace David Secours and Paul Antaki who have left the management of Typhoon. The company thanks Mr. Antaki and Mr. Secours for the services rendered to Typhoon. Mr. Ghislain Morin [...]
Typhoon Exploration Inc. announces that, following a joint decision, the President and CEO, Mr. David Mc Donald, is leaving the corporation with immediate effect. Mr. Mc Donald had been with Typhoon since December 2002. The board of directors assigns Mr. Serge Roy the responsibility of succeeding him. He will also be a member of the board of [...]
Typhoon Exploration Inc. announces the closing of the transaction with Monarch Gold Corporation to sell its interest of 50% in the Fayolle property. In exchange, Monarch will issue 3.4 million of its common shares to Typhoon, has paid an amount of $500,000 and will pay an additional $500,000 in less than five months and $150,000 in 12 months. The [...]
Typhoon Exploration Inc. announces the results of its annual and special shareholders meeting held July 19, 2019, in Laval, Québec. At the meeting, more than 44% of the shareholders of Typhoon voted at majority, more than 99%, for the election the directors proposed in the management proxy circular for that meeting, namely David Mc Donald [...]
Typhoon Exploration Inc. announces the signature of a binding offer letter dated June 17, 2019 with Monarch Gold Corp. for the sale of all its interest in the Fayolle project for a consideration in cash and in shares of Monarch . Transaction The Transaction will constitute an arm’s length transaction within the meaning of applicable [...]
Typhoon Exploration Inc. the Board of Directors has approved a grant of 1,940,000 stock options to its officers, directors, employees and consultants, under the company’s Stock Option Plan. Each stock option is exercisable at a price of $0.05 per share, for a period of 10 years. 28,2018 A non-brokered Private Placement has been closed on [...]
Typhoon Exploration Inc. announces that it has completed a non-brokered Private Placement by issuing a total of 1,886,620 flow-through common shares at a price of $0.06 per share, 566,000 common shares at a price of $0,05 and 2,452,620 warrants, for total gross proceeds of CAD $141,500. The securities issued in the Private Placement are subject to [...]
Typhoon Exploration Inc. announces that the Corporation continues to work on finding a new partner to acquire 100% of the Fayolle project. A letter of intent with Hecla Quebec Inc. , an affiliated company of Hecla Mining Company was signed on September 14, 2018 but at this time, Typhoon doesn’t have the financial resources to complete the [...]