Kenorland Minerals Ltd. is pleased to announce the completion on December 31, 2020 of its previously announced reverse takeover transaction. Pursuant to the Transaction, a subsidiary of Northway amalgamated with the target and securityholders of the Target received securities in the capital of Kenorland, as further described below. The Transaction [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly announce that further to their press release dated November 30, 2020 in connection with the proposed reverse takeover transaction with Kenorland , Northway has received the conditional approval of the TSX Venture Exchange for the Transaction and wishes to provide an update in respect of [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly announce that further to their press release dated November 3, 2020, Northway has filed a joint information circular dated Nov 27, 2020. in connection with the proposed reverse takeover transaction with Kenorland for an upcoming meeting of Northway's and Kenorland's shareholders to be [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly announce that further to their press release dated September 28, 2020, Kenorland has closed its previously announced brokered private placement of subscription receipts. Pursuant to the Offering, Kenorland issued a total of 10,000,000 subscription receipts, at a price of C$1.00 per [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly provided an update on the status of the Company's acquisition of Kenorland , as previously announced July 28, 2020 and September 14, 2020. Pursuant to the amalgamation agreement dated September 14, 2020 between the parties, the Transaction will be conducted by way of a three-cornered [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly announce that further to their press release dated September 14, 2020, Kenorland has entered into an agreement with a syndicate of agents led by Stifel GMP and including Canaccord Genuity Corp, Haywood Securities Inc., Laurentian Bank Securities Inc. and Echelon Wealth Partners Inc [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly announce that further to their press release dated July 29,2020, they have entered into a definitive amalgamation agreement dated September 14, 2020 . The transaction contemplated by the Amalgamation Agreement will result in a reverse takeover of the Company by Kenorland in accordance [...]
Northway Resources Corp. is pleased to report results of the geochemical and geophysical surveys carried out over the Healy Project this summer in Alaska, USA. The work included the collection of 1,820 soil samples, 136 line kilometers of ground EM and magnetics as well as an 252 line kilometers airborne magnetic survey. The results of the 50m x [...]
Northway Resources Corp. and Kenorland Minerals Ltd. jointly report the results of the second phase of Kenorland's summer exploration program at the Frotet Project, Quebec. Exploration work included 1,900m of drilling, a regional surface geochemical program, and an airborne magnetic survey, funded by Sumitomo Metal Mining Canada Limited . As [...]
Northway Resources jointly announce that they have entered into a letter of intent dated July 28, 2020 whereby the Company will acquire all of the issued and outstanding securities of Kenorland by way of a share exchange, amalgamation or such other form of business combination as the parties may determine. Upon successful completion of the proposed [...]
Northway Resources is pleased to provide an update regarding its planned 2020 exploration programs at the Healy and Napoleon Projects, located in central Alaska. The 2020 Healy exploration program, which will commence in July, includes detailed soil sampling, mapping, ground electromagnetic and magnetic geophysical surveys, followed by an induced [...]
Northway Resources is pleased to announce that it has acquired from Millrock Exploration Corp. and its affiliate a proprietary exploration database relating to the Company's Napoleon gold property, located in the Fortymile District of Alaska. The database consists of significant geologic and geochemical data, that will allow Northway to reduce the [...]