Miata Metals is pleased to announce that it has closed the previously-announced transaction with 79North Inc., whereby it has acquired all issued and outstanding shares of 79North, in an all-share transaction. Miata and 79North had previously announced the signing of a definitive agreement in respect of the Transaction on August 6, 2024. In [...]
79North Inc. announces that it has entered into a series of debt settlement agreements for the issuance of 1,572,822 common shares in the capital of the Company at a deemed price of $0.10 per Share to certain creditors of the Company for settlement of debts owing to the Creditors in respect of past services rendered by the Creditors at an aggregate [...]
Miata Metals and 79North Inc. are pleased to announce that they have entered into a definitive agreement whereby Miata will acquire all of the issued and outstanding shares of 79North, an arm's length party, in an all-share transaction . Miata and 79North had previously announced the signing of a letter of intent in respect of the Transaction on [...]
79North Inc. announces that it will amend the exercise price of a total of 7,900,000 share purchase warrants, which are exercisable to acquire common shares in the capital of the Company to $0.03 per Share. The Warrants were originally issued in tranches on July 15, 2022 and July 26, 2022 and are currently exercisable at a price of $0.08 per Share [...]
79North Inc. announces that it will enter into a series of debt settlement agreements for the issuance of 1,960,900 common shares in the capital of the Company at a deemed price of $0.025 per Share to certain creditors of the Company for settlement of debts owing to the Creditors in an aggregate amount of $49,022.60 pursuant to the previously [...]
79North Inc. is pleased to announce that it has executed a non-binding letter of intent with arm's length party, Miata Metals pursuant to which Miata proposes to acquire all of the issued and outstanding shares of 79North. Transaction Terms Under the terms of the LOI, Miata proposes to issue 9,000,000 common shares to 79North shareholders in [...]
79North Inc. has arranged to borrow money from certain shareholders including $5,000 from President and CEO Jon North, for a total, in aggregate, of $47,500 which funds will be used to settle invoices with certain contractors of the Company. The loans are being made on an unsecured basis and are evidenced by demand promissory notes. The Notes bear [...]
79North Inc. is pleased to report that with respect to the recently announced acquisition of 100% interest in the Caribou Project, near Armstrong, the Company has entered into a Memorandum of Understanding for initial exploration of the project with the Whitesand First Nation. The claims of the project are within the traditional area of the [...]
79North Inc. is pleased to announce it has acquired 100% interest in two claim blocks with a total area of 980 hectares in the area of the Seymour and Crescent Lake pegmatite groups in northern Ontario. The claims are approximately 25 kilometres northeast of the town of Armstrong which is 250 kilometres north of Thunder Bay and accessible by paved [...]
79North Inc. announces that it has accepted the resignation of Oscar Louzada from the Board of Directors of the Company. Mr. Louzada was appointed to the Board of Directors in April 1, 2021. The board is actively engaged in identifying and evaluating alternatives with respect to the appointment of a new independent director to fill the vacancy left [...]
79North Inc. wishes to inform shareholders that the annual meeting of the shareholders scheduled for May 31, 2023 at 10:00 a.m. was adjourned and has been rescheduled on June 21, 2023 at 10:00 a.m. due to the quorum of 25% not being met. The meeting will resume on June 21, 2023 at 10:00 a.m. About 79North Inc. 79North is led by a team with [...]
79North Inc. wishes to provide an update to shareholders since the last press release October 24, 2022, of drilling results from the Nassau gold project, Suriname. The Company continues to review and assess drilling results from the Nassau gold project that included a drilling intersection of 0.57 grams gold per tonne over 13.50 metres, among [...]