Nitinat would like to provide an update with respect to its previously announced brokered $2 million private placement. The Corporation is pleased to announce that it intends to raise gross proceeds of up to $350,000 through a non-brokered private placement of up to 1,750,000 units (the "Units") of the Corporation at a price of $0.20 per Unit. Each [...]
Nitinat announces that Mr. Donald Padgett has been appointed to the board of directors. Mr. Padgett is an experienced senior management leader with a proven track record of developing and executing successful strategies for profitable international business ventures. He has served as Chairman, President and director of several public and private [...]
Nitinat would like to provide an update with respect to its previously announced brokered $2 million private placement. The Corporation anticipates an initial closing of $750,000 on July 12, 2013 through the issuance of 3,750,000 units (the "Units") at a price of $0.20 per Unit. Each Unit is comprised of one (1) common share and one half (1/2) of [...]
Nitinat Minerals is pleased to announce that it has entered into an agreement with Jacob Securities by which Jacob will act as agent for the placement of 10 million units at a price of $0.20 per Unit in the capital of the Company for gross proceeds of up to $2 million. Each Unit is comprised of one (1) common share and one half (1/2) common share [...]
Further to its press release dated May 13, 20123, Nitinat announces that it has terminated the non-binding letter of intent with Arax Energy, an arms' length party to the Corporation. The Corporation will continue to investigate other means by which it can increase its ownership in Technoton. The Corporation will continue to own an 8% ownership [...]
Nitinat is pleased to announce that it has entered into a letter of intent dated May 7 with Arax Energy. Pursuant to the Letter of Intent, the Corporation will acquire all of the issued and outstanding of Arax in exchange for common shares in the capital of the Corporation. The Consideration Shares shall have an aggregate value of CAD $8,812,500 [...]
