Nippon Dragon Resources, is pleased to announce the closing of a non-brokered private placement with its client Metalfer Mining D.O.O. The placement is for 1,000,000 units of the Corporation at a price of $0.05 per unit , for aggregate gross proceeds of $50,000.00. Each unit consists of one common share in the share capital of the Corporation and [...]
Nippon Dragon Resources is pleased to announce that it is has finalized negotiations with Metalfer Mining to provide a thermal fragmentation equipment that will be deployed in their mining operation in Serbia. The sale purchase agreement includes: - A thermal fragmentation Unit including a lance-burner and accessories; - A 4 week orientation [...]
Nippon Dragon Resources is pleased to announce the closing of a non-brokered private placement. The placement is for 11,700,072 units of the Corporation at a price of $0.05 per unit, for aggregate gross proceeds of $585,003.60. Each unit consists of one common share in the share capital of the Corporation and one warrant of the Corporation. Each [...]
Nippon Dragon Resources, is pleased to announce the confirmation of its strategic partnership agreement with Val d'Or Resources. The partnership agreement will enhance Nippon's position as an industry leader with its exclusive and patented thermal fragmentation technology. Through the creation of a new entity, Rocmec Gold Inc., the new partnership [...]
Nippon Dragon Resources, is pleased to announce that it has renewed its agreement pertaining to the usage of thermal fragmentation for the next 3 years with Maxem Equipment PTY Limited (Maxem) for South Africa and neighboring countries. The new agreement includes a monthly royalty fee plus a monthly rental fee per burner head (lance) employed. This [...]
Nippon Dragon Resources, announces that it has entered into a debt settlement agreement with Diagnos Inc., a creditor of the Corporation, to settle a $80,482.50 debt owed, in consideration for the issuance of 1,238,192 common shares of the Corporation at a deemed price of $0.065 per share. The issuance of shares is subject to the approval by the [...]
Nippon Dragon Resources, wishes to clarify the press release issued on August 7th, 2017 regarding a non-brokered private placement by stating that an insider of the Company subscribed for 2,202,304 Units of the Financing for gross proceeds of $110,115.20. The issuances of Units to insiders pursuant to the Private Placement will be considered [...]
Nippon Dragon Resources is pleased to announce the closing of a non-brokered private placement. The placement is for 4,818,200 units of the Corporation at a price of $0.05 per unit, for aggregate gross proceeds of $240,910.00. Each unit consists of one common share in the share capital of the Corporation and one warrant of the Corporation. Each [...]
Nippon Dragon Resources is extremely pleased to announce the creation of a joint-venture partnership agreement with an American company, Val d'Or Resources Corporation. Management personnel of Val d'Or Resources Corporation have recently completed their due diligence by an on-site visit of both properties owned by Nippon, Denain and Rocmec 1. They [...]
Nippon Dragon Resources announces that it has issued 1,520,396 common shares of the Company priced at $0.07 as interest payments on outstanding debentures as approved by the TSX Venture Exchange May 10, 2012 and announced by press release. The amount of interest totals $106,427.69 and represents accumulated interest at March 31st, 2017. The above [...]
Nippon Dragon Resources is pleased to announce that its distributor in South Africa has just signed a thermal fragmentation agreement with a mining company. This agreement will allow MaXem to manufacture a second thermal unit that will be sold to its customer as well as the first unit built more than 2 years ago. MaXem will focus its work mainly on [...]
Nippon Dragon Resources is pleased to announce that the commissioning phase has begun of its 75 tonne per day treatment plant in Arizona. To date, all the equipment has been checked, adjusted and/or replaced. Currently, we estimate that we generate more concentrate per tonne milled than our laboratory studies, which is positive. The goal is to [...]