Canstar Resources Inc. & is pleased to announce that it has hired Dawn Evans-Lamswood, M.Sc., P.Geo, as its Vice President, Exploration, through her consulting company, DEL Exploration, based in St. John's, Newfoundland. In addition, the Company is pleased to announce that Dr. Laurence Curtis has agreed to join the company as a technical advisor [...]
Canstar Resources Inc. & is pleased to announce that it has completed its previously announced non-brokered private placement, consisting of the sale of 3,675,342 flow-through shares at a price of $0.35 per FT Share for aggregate gross proceeds of $1,286,369.70. Each FT Share is composed of one common share of the Company issued on a flow-through [...]
Canstar Resources Inc. is pleased to announce additional assay results from the Phase I exploration program on its 62,175 hectare Golden Baie Project located in south-central Newfoundland. These results focus on the Blow Out target, which is towards the south end of the approximately 30 km trend of high grade gold occurrences discovered to date on [...]
Canstar Resources Inc. is pleased to announce that it intends to complete a non-brokered private placement of up to 5,000,000 flow-through shares at a price of $0.35 per FT Share for gross proceeds of up to $1,750,000. Each FT Share shall be composed of one common share of the Company issued on a flow-through basis within the meaning of the Income [...]
Canstar Resources Inc. is pleased to announce initial assay results from the Phase I exploration program on its 62,175 hectare Golden Baie Project in south-central Newfoundland. These results include channel sample assays from the first of five trenches excavated on the Kendell Zone. The Kendell Zone, located in the central portion of the Golden [...]
Canstar Resources Inc. is pleased to announce that it has entered into an option agreement with Altius Resources, a wholly owned subsidiary of Altius Minerals Corp., David Hicks, Darrin Hicks, and Natalie Hicks. The Option Agreement gives the Company exclusive right and option to acquire, subject to retention by Altius and the Hicks Family of [...]
Canstar Resources Inc. is pleased to announce that it has closed the Golden Baie Project option agreement entered into with Altius Resources, a wholly owned subsidiary of Altius Minerals Corp., and other arm's length parties, as originally announced by news release on August 26, 2020. Details of the Option Agreement are provided below. The Company [...]
Canstar Resources Inc. announces that it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report entitled "NI 43-101 Technical Report on the Golden Baie Project, Newfoundland, Canada", with an effective date of October 13, 2020 . The Technical Report was prepared by David T.W. Evans, M.Sc., P.Geo., a [...]
Canstar Resources Inc. announces that a total of 3,800,000 options to purchase common shares of the Company are being granted to officers, directors, consultants and employees at an exercise price of $0.28 per share, expiring on October 14, 2025. The grant is subject to regulatory approval and vesting requirements. About Canstar Resources Inc [...]
Canstar Resources Inc. is pleased to announce that it has closed the second and final tranche of the non-brokered private placement announced on September 2, 2020. The Second Tranche consisted of the sale of 9,523,810 units at a price of $0.1575 per Unit for aggregate gross proceeds of $1,500,000. Each unit is composed of one common share in the [...]
Canstar Resources Inc. is pleased to announce the appointment of Rob Bruggeman as Director and President & CEO of the Company, effective immediately. The Company’s Board of Directors is now comprised of David Palmer, Sam Leung, Patrick Reid, Dennis Peterson and Rob Bruggeman. The Company is also pleased to announce that it has closed the first [...]
Canstar Resources Inc. announces that, further to its press release dated August 26, 2020, it is amending the terms of its proposed non-brokered private placement for aggregate gross proceeds of up to $2,000,000 . Pursuant to the Amendment, Canstar Resources intends to complete the Offering in two tranches. The first tranche will consist of the [...]