Crest Resources Inc. is pleased to announce that all of the resolutions put forth prior to adjournment at its Annual General and Special Meeting of Shareholders held on December 3, 2020 have been approved. The number of Directors was set at four and the Shareholders elected Michael Collins, Jason K. McLaughlin, Garry Stock and Jonas Lauren Norr as [...]
Crest Resources Inc. announces that effective November 19, 2020 it has adopted an amended restricted share unit plan, to that previously approved by the Board of Directors on February 28, 2020. For awards granted under the RSU Plan to exceed 10% of the Company's outstanding shares in any 12 month period, the plan must be approved by the Company's [...]
Crest Resources Inc. is pleased to announce that it has entered into an agreement to sell its 100% interest in the Lunar Frog property to Volatus Capital Corp. in consideration for 1,500,000 common shares of Volatus. Crest will retain a 1.5% net smelter return royalty on the property. This is a non-arm's length transaction as the Company currently [...]
Crest Resources Inc. is pleased to announce that the Company has entered into a property option agreement with Opawica Explorations Inc. to sell Opawica up to a 100% undivided interest, subject to a retained royalty reserved by Crest, in the Enterprise property located in the Exploits Subzone of Central Newfoundland and Labrador. Property [...]
Crest Resources Inc. is pleased to announce that it has entered into an agreement to sell its 29.7% interest in 1255919 B.C. Ltd. which holds title to the Dog Bay gold property to Exploits Discovery Corp. . 1255919 B.C. Ltd. controls a series of four claim blocks, totaling 769 claims and 192.5 square kilometres in area, located in Port Albert [...]
Crest Resources Inc. is pleased to announce that it has appointed Mr. Christopher Huggins as Vice President, Capital Markets. At the Company's Annual General and Special Meeting held November 25, 2019, the Company's shareholders approved a resolution authorizing the Company to expand its corporate objectives including to become an investment [...]
Crest Resources Inc. is pleased to announce that further to the Company's news release of September 2, 2020, the Company has completed the sale of 5,000,000 common shares of its investment in Exploits Gold Corp., a private company with mineral assets in Newfoundland, to Exploits Discovery Corp. , listed on the Canadian Securities Exchange under the [...]
Crest Resources Inc. is pleased to announce that its founding investment in Exploits Gold Corp. will be exchanged for 5,000,000 common shares of Mariner Resources Corp. on a one-for-one basis, following Mariner's acquisition of 100% interest in Exploits Gold Corp. Crest is the largest shareholder in Mariner, who has now become the largest mineral [...]
Crest Resources Inc. is pleased to congratulate investee company Mariner Resources Corp. for securing an option to acquire a 100% interest in 277 mineral claims encompassing a land area of 69.25 km² within and contiguous to Mariner's previously staked Great Bend Project located in central Newfoundland, Canada . This acquisition by Mariner further [...]
Crest Resources Inc. is pleased to congratulate Volatus Capital Corp. for entering into an agreement to option the JD Project in the heart of the Toodoggone gold and copper camp in northern BC. Crest owns a 31.72% interest in Volatus and together with Michael Collins, the President, CEO and a director of both Crest and Volatus, owns and controls a [...]
Crest Resources Inc. is pleased to announce that it has accelerated the growth of its business via: JV with a Silicon Valley incubator/investor to create the next-generation venture capital ecosystem to create and fund revolutionary improvements in mineral exploration and other primary industry sectors; Appointment of renowned thought-leader Jonas [...]
Crest Resources Inc. is pleased to announce that further to its news release of July 31, 2020, the Company and its co-vendors have completed the sale of a 100% interest, subject to a retained royalty reserved by underlying vendors, in the True Grit and Middle Ridge North gold properties located in Central Newfoundland to Mariner Resources Corp. for [...]