Dakota Territory Resource Corp. is pleased to announce that it has amended the closing mechanics in respect of its previously announced merger with JR Resources Corp. . Following completion of Dakota Territory's recent US$50 million private placement, the Company, JR Resources and their advisors reviewed the closings mechanics of the Merger and [...]
Dakota Territory Resource Corp. is pleased to announce that it has entered into a binding definitive option agreement to acquire Homestake Mining Company of California's surface rights and certain residual facilities in the Homestake District, South Dakota. The Definitive Agreement aligns with Dakota Territory's strategic objective to be the [...]
Dakota Territory Resource Corp. is pleased to announce that it has closed on substantially all of its previously announced non-brokered private placement . Under the Private Placement the Company issued an aggregate of 11,036,389 shares of common stock of the Company at a price of $4.50 per Common Share for aggregate gross proceeds of [...]
Dakota Territory Resource Corp. is pleased to announce that it is upsizing its previously announced non-brokered private placement from up to 5,555,556 shares of common stock of the Company to up to 10,000,000 Common Shares, at a price of $4.50 per Common Share, representing an increase in the aggregate potential gross proceeds from $25 million to [...]
Dakota Territory Resource Corp. is pleased to announce its intention to complete a non-brokered private placement of up to 5,555,556 shares of common stock of the Company at a price of $4.50 per Common Share for aggregate gross proceeds of up to $25 million pursuant to an exemption from the registration requirements under the Securities Act of [...]
Dakota Territory Resource Corp. is pleased to announce that Shawn Campbell has been appointed as Chief Financial Officer of the Company, replacing Chris Mathers in that role. "I am extremely pleased to welcome Shawn to our team at Dakota Territory", said Jonathan Awde, the Company's CEO. "Shawn's prior experiences with Goldcorp and GT Gold, as well [...]
Dakota Territory Resource is pleased to announce that it has entered into a definitive merger agreement with JR Resources its largest shareholder. The resulting company will be named "Dakota Gold Corp." In addition, the board of directors has approved a 4 for 1 reverse stock split of the Company's issued and outstanding common stock. The reverse [...]
Dakota Territory Resource Corp. is pleased to announce that Robert Quartermain and Stephen O'Rourke have been appointed as Co-Chairs of the board of directors of the Company. "Robert and Stephen are industry leaders with a wealth of resource experience", said Jonathan Awde, the Company's CEO. "As Co-Chairs they will guide the Company and its [...]
Dakota Territory Resource Corp. is pleased to announce the closing of the purchase right agreement with JR Resources Corp. and key additions to the management team, Board of Directors and Advisory Committee. Today, Jonathan Awde assumes the key leadership role as President and CEO of the Company, with Gerald Aberle taking a new leadership role as [...]
Dakota Territory Resource Corp. announced today that on February 15, 2021 the Company and JR Resources Corp. mutually agreed to extend for 30 days the option for JR to purchase up to an additional 72,900,000 shares of common stock for up to an additional $10,935,000. "We are very pleased with the progress we have made with JR Resources." said [...]
Dakota Territory Resource Corp. , is pleased to announce that the Company has hired Mr. Mark Rantapaa to fill the position of Manager of Black Hills Operations. Mr. Rantapaa will be responsible for the conduct of all of the Company's exploration and mining activities in the Black Hills and has been charged with development of policy and programs [...]
Dakota Territory Resource Corp. , is pleased to announce that the Company has substantially increased its land holdings in the Homestake District of the Black Hills of South Dakota through the staking of 158 unpatented lode mining claims covering approximately 2,740 acres. The acquisition has been based on continuing analysis of the Company's [...]