Para Resources reports that it has closed the first tranche of the $4 million private placement financing announced by the company on October 14, 2015 for gross proceeds of $554,400 through the issuance of 4,619,999 Units. Each "Unit" was issued at a price of $0.12, and was comprised of one common share of the Company and one half common share [...]
Para Resources is pleased to announce a non-brokered private placement to raise gross proceeds of up to $4,000,000 through the issuance of up to 33,333,333 units at a price of $0.12 per unit. The Company advises that it has secured lead orders in the aggregate amount of $2,450,000 for the Private Placement from certain of the Company's management [...]
Para Resources announces that its Annual General Meeting of the shareholders of the Company will be held on December 3, 2015 at 10:30 a.m. Pacific Standard Time, at Boughton Law Corporation, Suite 700, 595 Burrard Street, Vancouver, B.C. V7X 1S8. The Notice of Meeting has been filed and is available on SEDAR. The record date for shareholders [...]
Para Resources is pleased to advise that it has filed a technical report dated September 15, 2015 authored by David Bikerman, EM,MS, MAIG of Bikerman Engineering & Technology Associates on the El Limon project, prepared in accordance with National Instrument 43-101 of the Canadian Securities Administrators. The El Limon Report is available for [...]
Para Resources is pleased to announce the results of phase one, surficial testing at the Ojos Negros gold project located in Baja California, Mexico. Verification samples have confirmed the presence of surficial gold at eighteen locations within the 6km by 2km gold anomaly, discovered November 2014 by the optionor of the Project, Navial Mineria SA [...]
Para Resources is pleased to provide the following update on operations at the El Limon mine. The Company has entered into agreements to acquire an indirect interest in the El Limon mine on the terms and conditions set out in our news release of June 30, 2015. The acquisition will be transacted through Para's subscription for shares in Colombia [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2015) - Para Resources Inc. (TSX VENTURE:PBR) ("Para" or the "Company") announces that the Company and Angra Metals Mineração Ltda., a wholly-owned subsidiary of the Company, have executed an agreement dated May 11, 2015 (the "Effective Agreement") with Mineração Iraja [...]
Para Resources is pleased to announce an update of the results on its recently completed trenching program at the Angelim Target in its Tucumã Gold-Copper Project, located in Carajás Province, Brazil. The Project is 100% owned by Para Resources. Channel sampling was carried out inside the trenches at depths varying from 1.50 to 3.50 m, over [...]