Sanatana Resources Inc. has, further to its news release of September 29, 2020, signed a definitive agreement to sell its Watershed Royalty to Ely Gold Royalties Inc. The Watershed Royalty was granted to Sanatana in connection with an asset purchase agreement between the Company and Trelawney Augen Acquisition Corp, now IAMGOLD Corp, dated January [...]
Sanatana Resources Inc. is pleased to announce it has received exploration permits for the Gold Rush Project in the Timmins Region of Ontario allowing for mechanized drilling, mechanical stripping, pitting and trenching and ground geophysical surveying requiring a generator. Mr. Buddy Doyle, President, comments, "Our work to date, awaiting the [...]
Sanatana Resources Inc. has granted incentive stock options to directors, officers, employees and contractors of the Company to purchase up to 3,400,000 common shares of the Company at a price of $0.35 per share. The stock options are exercisable on or before September 30, 2025 and vest in stages with 25% vesting immediately and the remainder to [...]
Sanatana Resources Inc. has agreed to a part and parcel transaction, in which it will sell its Watershed Royalty to Ely Gold Royalties Inc. pursuant to the terms of an offer to purchase. The Watershed Royalty was granted to Sanatana in connection with an Asset Purchase Agreement between the Company and Trelawney Augen Acquisition Corp, now IAMGOLD [...]
Sanatana Resources Inc. is pleased to announce that it has appointed Mr. Jonathan Hill as the inaugural member of its advisory board. Peter Miles, Sanatana's CEO commented "Mr. Hill will be invaluable to our current technical team and board as we move forward to explore our Gold Rush and Tirua projects and as we consider other projects." Mr. Hill [...]
Sanatana Resources Inc. is pleased to announce the appointment of Mr. Anthony Dutton to its board of directors as a non-executive director. Mr. Dutton is a seasoned business executive and entrepreneur with a successful track record as an early stage investor and business founder. He was most recently co-founder, CEO and director of Cannex Capital [...]
Sanatana Resources Inc. is pleased to announce that it has commenced exploration on its newly acquired Gold Rush project in the Timmins Region of Ontario. . As part of the Company's due diligence, consultant geologist Kevin Kivi, P.Geo visited the Gold Rush Project and took grab samples from the Lalonde East Shear zone to verify gold reported [...]
Sanatana Resources Inc. is pleased to announce that it has closed its previously announced private placement for aggregate gross proceeds to the Company of approximately $2,000,000. In connection with the Private Placement, Sanatana issued an aggregate 11,500,000 non-flow through units , at a price of $0.10 per Unit, for aggregate proceeds of [...]
Sanatana Resources Inc. is pleased to announce that due to investor demand it has increased the size of its private placement previously announced on July 7, 2020. Sanatana now proposes to issue up to 11,500,000 units of the Company and 7,083,333 flow-through units of the Company for aggregate gross proceeds of up to $2,000,000 and priced at $0.10 [...]
Sanatana Resources Inc. is pleased to announce that it has entered into an option agreement with South Shore Partnership Inc. , an arm’s length party to Sanatana. Pursuant to the Option Agreement, Sanatana can acquire: a 100% interest in the Gold Rush North Project; and a 100% interest in the Gold Rush South Project in the Timmins, Ontario region [...]
Sanatana Resources Inc. provides this corporate update. SOLOMON ISLANDS New Acquisition and Agreement Sanatana has entered into a letter agreement with Cobre Nuevo Exploration , a private Australian Company. The letter agreement outlines terms for Sanatana to acquire certain additional land in the Solomon Islands and to enter into a joint venture [...]
Sanatana Resources Inc. announces Mr. Tim Barry has stepped down as a director of Sanatana as a result of a potential conflict of interest. The Company wishes Mr. Barry well in his future endeavors. About the Company Sanatana Resources Inc. is a mineral exploration and development company with an experienced management team and board of directors [...]