Rugby Resources Ltd. reports that it has terminated the previously announced private placement financing and has postponed plans to drill the Cobrasco Copper Project in the coming weeks. The decisions result from a change to regulations in Colombia that govern drilling activities in forest reserves. The Company will now assess how to move the [...]
Rugby Resources announces that due to subscriber demand, its board of directors has approved an increase to its private placement offering. The increased offering will consist of up to 81,840,000 Units , up from the 60,000,000 Units previously announced on November 18, 2024. The terms of the private placement financing will remain the same and each [...]
Rugby Resources Ltd. is pleased to provide the voting results from its Annual General & Special Meeting that was held on December 5th in Vancouver, British Columbia. A total of 80,582,317 common shares of the Company were voted, representing 25.45% of the Company's outstanding shares. Shareholders voted in favour of all applicable items of business [...]
Rugby Resources Ltd. announces that its board of directors has approved a proposed private placement offering of up to 60,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $3,000,000 . Each Unit will consist of one common share and one half common share purchase warrant . Each full Warrant Half Warrants together) will entitle [...]
Rugby Resources Ltd. is pleased to announce that further to the news releases dated May 27 and 30, 2024, it has closed an oversubscribed non-brokered private placement and will issue 18,440,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $922,000 . Each Unit consists of one common share and one common share purchase [...]
Rugby Resources announces that due to subscriber demand, its board of directors has approved an increase to its private placement offering. The increased offering will consist of up to 18,440,000 units, up from the 10,000,000 Units previously announced on May 27, 2024. The terms of the private placement financing will remain the same and each Unit [...]
Rugby Resources Ltd. announces that its board of directors has approved a proposed private placement offering of up to 10,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $500,000 . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one [...]
Rugby Resources Ltd., is pleased to announce the receipt of environmental approval for drilling on the El Zanjon Project south of the Cerro Vanguardia gold-silver mine . Drilling water supplies have also been approved. A pre-drilling campaign of ground magnetics and geochemistry can now proceed ahead of a planned 28-hole drilling program. Zanjon is [...]
Rugby Resources Ltd., is pleased to report that work has commenced at the Mantau iron oxide-copper-gold project in the Metallogenic - Coastal Belt near Antofagasta, northern Chile. This prolific "Mineral Belt" has a long history of mining and hosts sizable copper deposits linked both genetically and spatially to the Atacama Fault System. Manto-type [...]
Rugby Resources Ltd., is pleased to report that recent exploration by Rugby's joint venture partner, EMU NL at Georgetown has located significant copper and gold mineralization. EMU's geological assessment and geochemical sampling program was designed to assess a number of higher-priority prospects . Highlights Visible gold in pan concentrate and a [...]
Rugby Resources Ltd. is pleased to report that recent surface sampling at Cobrasco has yielded significant copper/molybdenum assay results. In addition, a new molybdenum stockworked porphyry occurrence has been identified approximately 1 kilometre northeast of the Cobrasco Central drilling area. Reconnaissance mapping indicates the new molybdenum [...]
Rugby Resources Ltd. is pleased to announce that further to the news releases dated February 7 and 12, 2024, it has closed an oversubscribed non-brokered private placement and will issue 19,696,665 units of the Company at a price of $0.06 per Unit for gross proceeds of $1,181,800 . Each Unit consists of one common share and one common share [...]