New Era Minerals Inc. announced today that, due to investor interest, it is increasing the size of its previously announced proposed non-brokered private placement of common shares at C$0.05 per share from up to 12,000,000 common shares to up to 16,000,000 common shares . Net proceeds from the private placement will be used for working capital and [...]
New Era Minerals Inc. announced today that it intends to proceed with a non-brokered private placement of up to 12,000,000 common shares at a price of C$0.05 per share to raise gross proceeds of up to C$600,000 . Parties who are currently insiders of the Company, or would be upon completion of the Private Placement, may subscribe for up to 100% of [...]
New Era Minerals Inc. announced today that it has been advised by Mr. Guang Ju Lin and Ms. Wei Lin, significant shareholders of New Era, that they have entered into binding agreements with Mr. Hang Peng, a resident of Hunan, People’s Republic of China, for the sale of an aggregate of 58,840,932 common shares of New Era, representing [...]
New Era Minerals Inc. announced today that, subject to regulatory approval, it has granted stock options to directors, officers and employees of the Company and its subsidiaries to acquire an aggregate of 3,100,000 common shares under the Company’s stock option plan. Of the options granted, 500,000 are exercisable at a price of C$0.05 per [...]
New Era Minerals Inc. announced today that it has completed a private placement with an arm’s-length private investor, issuing 3,515,625 common shares at a price of CAD$0.08 per share for gross proceeds of CAD$281,250. The net proceeds from the private placement will be used for general working capital requirements. The common shares issued [...]
New Era Minerals Inc. announced today that, subject to regulatory approval, it has granted stock options to directors, officers and employees of the Company and its subsidiaries to acquire an aggregate of 2,650,000 common shares under the Company’s stock option plan. Each option is exercisable to acquire one common share at a price of $0.08 [...]
Celestial Classic Limited announces that it has acquired 2,561,475 Units of New Era Minerals Inc. through a private placement at a price of CAD$0.08 per Unit for CAD$204,918. Each Unit consists of one common share and one common share purchase warrant . Each Warrant entitles CCL to acquire one additional Common Share of New Era at a price of [...]
New Era Minerals Inc. announced today that it has completed a further private placement with Celestial Classic Limited , a private investment company based in the Seychelles. The Company has issued and sold to Celestial Classic 2,561,475 units, each unit consisting of one common share and one common share purchase warrant at a price of CAD$0.08 per [...]
New Era Minerals Inc. is pleased to announce positive initial metallurgical test results on samples obtained from its 95% owned Suyeke North nickel property located in Tuoli County, Tacheng Area, Xinjiang-Uyghur Autonomous Region, People’s Republic of China. The current nickel recovery is improved from 2011 test results; in addition, a [...]
Celestial Classic Limited announces that it has acquired 11,597,699 Units of New Era Minerals Inc. through a private placement at a price of CAD$0.08 per Unit CAD$927,815.92. Each Unit consists of one common share and one common share purchase warrant . Each Warrant entitles CCL to acquire one additional Common Share of New Era at a price of [...]
New Era Minerals Inc. announced today that it has completed the previously announced private placement with Celestial Classic Limited , an arm’s length private investment company based in the Seychelles. The Company prematurely announced the closing of this private placement on October 15, 2018 in error and the closing was delayed until [...]
New Era Minerals Inc. announced today that it has completed the previously announced private placement with Celestial Classic Limited , an arm’s length private investment company based in the Seychelles. The Company has issued and sold 11,597,699 units, each unit consisting of one common share and one common share purchase warrant at a price [...]