Pancontinental Resources announces that, at its special meeting of its shareholders held on February 2, 2023, Pancon's shareholders overwhelmingly approved the Company's proposals to: consolidate the issued and outstanding common shares of the Company on the basis of one post-Consolidation Common Share for every ten pre-Consolidation Common Share [...]
Pancontinental Resources has entered into an exploration lease and purchase option agreement with the owner of Carolina Mining Company for the historic Sawyer Gold Mine Property, a past-producing gold mine. The 54.6 hectare property is located 5.0 km southwest along trend from the Company's recently announced New Sawyer mine acquisition [...]
Pancontinental Resources has entered into an exploration lease and purchase option agreement for the New Sawyer Gold Mine Property. The property is privately owned, containing both surface and mineral rights, and covers 246.6 ha. The property contains the historic New Sawyer Gold Mine which includes 12 identified vertical shafts. The property lies [...]
Pancontinental Resources announces that it has mailed its management information circular and related materials for the special meeting of the Company's shareholders that will be held on Thursday, Feb 2, 2023 at 10:00 am EDT at 217 Queen Street West, Toronto. During the Meeting, the Company will ask for shareholders to vote for: a name change to [...]
Pancontinental Resources has completed its analysis of the recent Induced Polarization geophysical survey at the Company's flagship Brewer gold and copper project. IP results have been integrated with geological and alteration models to define four primary prospective near surface gold targets and deeper conceptual porphyry copper-gold targets [...]
Pancontinental Resources has completed all field work and has received all data for its 6-square km dipole-dipole induced polarization geophysical survey, covering most of the 1,000-acre Brewer property and a significant portion of its adjacent Jefferson Project properties. The IP survey was designed to cover the large alteration footprint exposed [...]
Pancontinental Resources announces that, subject to the required approval from the TSXV, the Company intends to extend the expiry date of an aggregate of 22,075,500 common share purchase warrants. 12,750,000 Warrants were originally issued pursuant to a private placement offering of 25,000,000 units in the capital of the Company at a price of $0.12 [...]
Pancontinental Resources has agreed with the Brewer Gold Receiver on a mechanism to extend the term of the Brewer Option Agreement through Dec 31, 2030. Pancon President & CEO Layton Croft stated: "We thank the Receiver, South Carolina's Department of Health and Environmental Control, and the U.S. Environmental Protection Agency for continuing to [...]
Pancontinental Resources entered into an unsecured loan agreement dated April 12, 2022 between the Company and David Petroff, a director of the Company. Pursuant to the Agreement, the Lender granted the Company a loan in the amount of $100,000, bearing interest at $1,000 per month. The full amount of the loan, including the applicable interest, has [...]
Pancontinental Resources Corp. announced today the closing of the second and final tranche of its previously announced "best efforts" brokered private placement with Red Cloud Securities Inc. and Paradigm Capital Inc. acting as co-lead agents and joint bookrunners. Under the final tranche of the Offering, 4,700,000 units of the Company were sold at [...]
Pancontinental Resources Corp. is pleased to announce the closing of the first tranche of its previously announced "best efforts" brokered private placement with Red Cloud Securities Inc. and Paradigm Capital Inc. acting as co-lead agents and joint bookrunners. Under the first tranche of the Offering, 15,565,000 units of the Company were sold at a [...]
Pancontinental Resources Corp. has entered into an engagement agreement with Red Cloud Securities Inc. and Paradigm Capital Inc. pursuant to which Agents will act as co-lead agents and joint bookrunners to sell up to 37,500,000 units of the Company at a price of C$0.08 per Unit for gross proceeds to the Company of up to C$3,000,000 . Pancon [...]