12 Exploration Inc. is pleased to announce it has changed its name to 79North Inc. The Company’s common shares are expected to commence trading on the Canadian Securities Exchange under a new symbol at the opening of trading on August 19, 2020. About 79North 79North is led by a team with extensive mineral exploration expertise and a track record of [...]
Jon North, CEO of 12 Exploration operating through its wholly owned subsidiary 79North Ltd. is pleased to announce that gold exploration has commenced at the Nassau gold project in the Republic of Suriname. The Nassau gold project is a 20,000- hectare under explored property located 20 kilometres south of Newmont Corporation’s Merian gold [...]
12 Exploration Inc. , doing business as 79North, is pleased to announce that common shares of the Corporation will commence trading today on the Canadian Securities Exchange under the symbol “TWLV”. The Corporation is led by a team with extensive mineral exploration expertise and a track record of discoveries and exits in South America and [...]
12 Exploration doing business as 79North is pleased to announce that common shares of the Company will commence trading on the Canadian Securities Exchange under the symbol “TWLV” tomorrow, Tuesday, June 16, 2020. 79North is led by a team with extensive mineral exploration expertise and a track record of discoveries and exits in South America and [...]
12 Exploration is pleased to announce that it has completed its previously announced business combination where it acquired 79North Ltd. The common shares of 12Ex are expected to commence trading on the Canadian Securities Exchange under the symbol “TWLV” on June 16, 2020. 12Ex is led by a team with extensive mineral exploration expertise and a [...]
12 Exploration and 79North Ltd. announce that they have completed their previously announced non-brokered private placements, resulting in the sale of an aggregate of 30,481,655 subscription receipts for aggregate gross proceeds of approximately C$4,572,250 million. Pursuant to the Offerings, 12Ex issued an aggregate of 3,979,999 Subscription [...]
12 Exploration and 79North Ltd. announce that, as a result of high demand, they have increased the size of the previously announced non-brokered private placement of subscription receipts of each of 79North and 12Ex to raise targeted aggregate gross proceeds of approximately C$4,000,000. Other terms of the Offering remain unchanged from those [...]
12 Exploration announces that it has signed a binding letter agreement with 79North Ltd. which outlines the general terms and conditions pursuant to which 12Ex shall acquire all of the issued and outstanding shares of 79North. The Letter Agreement was negotiated at arm’s length and is effective as of April 29, 2020. 79North is a Toronto-based [...]
12 Exploration announces that it has determined not to fulfill the balance of its requirement to expend an aggregate of $300,000 in order to earn an initial 50% interest in the Deepwater Project situated in Afton and Scholes Townships, Ontario. The Company was previously granted the option to earn up to an 80% interest in the Property. As a result [...]
12 Exploration Inc. announces the completion of a ground geophysical program on the Deepwater Project situated in Afton and Scholes Townships, located approximately 65 km northeast of Sudbury, Ontario . During the month of August, a geophysical program was completed. The program consisted of approximately 38 km of gps-integrated ground magnetics [...]
12 Exploration Inc. is pleased to announce that it has completed an initial public offering pursuant to which it has issued an aggregate of 4,000,000 common shares at a price of $0.15 per Common Share to raise aggregate gross proceeds of $600,000, all pursuant to a final prospectus dated March 11, 2019. Industrial Alliance Securities Inc. acted as [...]