Rhyolite Resources Ltd. is pleased to announce completion of the acquisition of Muckahi Inc. Mr. Stanford received 9.5 million common shares of Rhyolite in consideration, of which 1.0 million common shares were delivered to Mr. Stanford upon closing of the Transaction, and the remaining 8.5 million common shares have been deposited in escrow to be [...]
Rhyolite Resources Ltd. is pleased to announce the appointment of Fred Stanford as Chief Executive Officer and Director. Mr. Stanford is a mining executive with 40 years of experience in the mining industry. Prior to joining Rhyolite, Mr. Stanford served as President and CEO of Torex Gold Resources Inc. from 2009 to 2020, and as Executive Chairman [...]
Company Expands Strategy to Include Development of Mining Assets Using the Innovative Muckahi Mining System Rhyolite Resources Ltd. is pleased to announce the appointment of Fred Stanford as Chief Executive Officer and Director. Mr. Stanford is a mining executive with 40 years of experience in the mining industry. Prior to joining Rhyolite, Mr [...]
Rhyolite Resources Ltd. is pleased to announce that it has completed the acquisition of all of the outstanding share capital of 2765798 Ontario Ltd. , pursuant to the terms of a definitive share purchase agreement entered into with each of the shareholders of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire an [...]
Rhyolite Resources Ltd. is pleased to announce that it has entered into a definitive share purchase agreement, dated March 21, 2021, with each of the shareholders of 2765798 Ontario Ltd. to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which consolidated the Suku Passi Project in Suriname and [...]
Rhyolite Resources Ltd. is pleased to announce that it has entered into a definitive share purchase agreement, dated March 21, 2021, with each of the shareholders of 2765798 Ontario Ltd. to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which consolidated the Suku Passi Project in Suriname and [...]
Channel samples return 15.54 and 7.59 grams per tonne gold over 2 meters Rhyolite Resources Ltd. is pleased to report that the initial field work exploration program in December at the Brothers Project in Suriname has expanded on the gold potential of the concession. Prospecting by small-scale miners working within the Brothers concession have [...]
Channel samples return 15.54 and 7.59 grams per tonne gold over 2 meters Rhyolite Resources Ltd. is pleased to report that the initial field work exploration program in December at the Brothers Project in Suriname has expanded on the gold potential of the concession. Prospecting by small-scale miners working within the Brothers concession have [...]
Rhyolite Resources Ltd. is pleased to report that it has closed its previously announced non-brokered private placement of 15,000,000 common shares of the Company at the price of $0.30 per share for gross proceeds of $4,500,000 . The net proceeds of the Private Placement will be used for the Brothers Project, Paxson Project, to finance potential [...]
Rhyolite Resources Ltd. is pleased to announce the appointment of Ms. Cybill Tsung as Chief Financial Officer of the Company. Mr. John Downes has stepped down as Chief Financial Officer and the Company thanks him for his many years of service and wishes him the very best in his future endeavours. Ms. Tsung is a Chartered Professional Accountant and [...]
Rhyolite Resources Ltd. announces that it will conduct a non-brokered private placement of up to 15,000,000 common shares at the price of $0.30 per share for gross proceeds of up to $4,500,000. A cash commission may be payable equal to 6.0% of the gross proceeds of the total number of common shares sold to the subscribers of the Private Placement [...]
Rhyolite Resources Ltd. announces that it will conduct a non-brokered private placement of up to 15,000,000 common shares at the price of $0.30 per share for gross proceeds of up to $4,500,000. A cash commission may be payable equal to 6.0% of the gross proceeds of the total number of common shares sold to the subscribers of the Private Placement [...]
