Loyalist Exploration Ltd. announces it has closed its non-brokered private placement financing with the issuance of 26,300,000 common shares for gross proceeds of $131,500 . No finders' fees were paid as a result of the private placement. Errol Farr, CEO and Eric Plexman, former CFO and Steve Balch, Director, participated in the private placement [...]
Loyalist Exploration Ltd. announces that the Letter of Intent , the Share Exchange or any other aspects related to the acquisition of Millbrook Minerals Inc. has been terminated by mutual consent. The Company's shareholders approved the Transaction at a meeting on September 11, 2024, however, the management and directors of both Loyalist and [...]
Loyalist Exploration Ltd. is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders held Wednesday September 11, 2024. The total number of shares represented by shareholders present in person and by proxy at the Meeting was 36,092,289 representing 18.9% of Loyalist's issued and outstanding common shares [...]
Toronto, Ontario - - Loyalist Exploration Ltd. announces a 30-day extension to September 17, 2024 of its non-brokered private placement financing of up to 70,000,000 common shares of the Company at a price of $0.005 per Share for proceeds of up to $350,000. The proceeds of the Offering will be used for working capital and general and administrative [...]
Loyalist Exploration Ltd. is pleased to announce that it has commenced its 2024 field exploration program on its 100% owned Rolling Pond Gold Project located in Central Newfoundland. The program will consist of prospecting and infill soil sampling with approximately 500 "B" horizon soils to be collected. The soil sampling program has been designed [...]
Loyalist Exploration Ltd. announces a 30-day extension to August 17, 2024 of its non-brokered private placement financing of up to 70,000,000 common shares of the Company at a price of $0.005 per Share for proceeds of up to $350,000. The proceeds of the Offering will be used for working capital and general and administrative purposes and the costs [...]
Toronto, Ontario - - Loyalist Exploration Ltd. is pleased to provide a progress report on its recently announced acquisition of 100% of the Hungry Hill polymetallic project located in central Newfoundland approximately 300km west of St. Johns through its proposed amalgamation with Millbrook Minerals Inc.. The project is in the world class Buchan's [...]
Toronto, Ontario - The Newswire - June 12, 2024 - Loyalist Exploration Ltd. is pleased to announce results from recent sampling on the Company's 100% owned Springdale Property located 320 km northwest of St John's Newfoundland. The Property has exceptional logistics and is located in the core of a well mineralized belt hosting several past [...]
Loyalist Exploration Ltd. announces that on June 4, 2024, it signed a Letter of Intent to amalgamate with Millbrook Minerals Inc. , a private company incorporated under the Canada Business Corporations Act, and its intention to complete an initial private placement of up to $350,000 . Millbrook is the 100% owner of three mining properties known as [...]
Loyalist Exploration Ltd. announces that it has amended its proposed non-brokered private placement financing of up to 15,000,000 common shares of the Company at a price of $0.01 per Share for proceeds of up to $150,000. The Offering is amended to lower the price per Share to $0.005 and increase the number of Shares to 30,000,000. The Canadian [...]
Loyalist Exploration is pleased to announce a proposed non-brokered private placement financing of up to 15,000,000 common shares of the Company at a price of $0.01 per Share for proceeds of up to $150,000. The proceeds of the Offering will be used for working capital and general and administrative purposes. In connection with the Offering, the [...]
Loyalist Exploration is pleased to announce the appointment of Errol Farr, CPA, CMA as President and CEO. Mr. Farr is a seasoned financial and mining professional with over 35 years of experience in financial management, operations, business optimization and strategy development. He is the former CFO of MagIndustries Inc., where he led its finance [...]