Kainantu Resources Ltd. is pleased to announce an increase of its private placement financing to raise up to C$1.5 million due to oversubscriptions. The Original Offering was announced on Dec. 1, 2021, and the Company is now announcing an increase to the Original Offering to raise gross proceeds of up to C$2 million. Under the Offering, all terms of the Original Offering remain the same, provided that the Company intends [...]
Kainantu Resources Ltd. is pleased to announce a financing to raise up to C$1.5 million. Specifically, KRL announces a non-brokered private placement for up to 8,333,333 units of the Company at a price of C$0.18 per Unit for aggregate gross proceeds of up to C$1,500,000. Each Unit will be comprised of one common share of the Company and one common share purchase warrant, with each Warrant being exercisable for one Common [...]
Kainantu Resources Ltd. is pleased to report the filing of its third interim results for the period ending September 30, 2021, a copy of which is available for review on the Company's website. Key aspects to report over the period include: KRL South: continued progress during Q3: At the East Avaninofi Prospect: strong correlations of Au with Ag, Cu, Mo, and As; plus samples revealing elevated values of Bi, Te, and W [...]
Kainantu Resources is pleased to provide the following update on its ongoing exploration programmes at KRL South for Q2 and Q3 2021, its highly prospective project located in the Kainantu region of Papua New Guinea. Highlights At KRL South, mapping, modelling and sampling has continued during the Period, with a focus on the East Avaninofi Prospect and Yaoro Ridge Prospect. The East Avaninofi Prospect has delivered [...]
Kainantu Resources Ltd. is pleased to announce the results from its annual general meeting of shareholders virtually held on October 20, 2021. Shareholders voted as follows on the matters before the Meeting. Election of Directors All four of the nominees listed in KRL's management information circular dated September 23, 2021, that were proposed by management for election to the board of directors at the Meeting were duly [...]
Kainantu Resources Ltd. provides an update on completion steps to acquire control of the May River Project in the world-renowned copper-gold district of Frieda River, Papua New Guinea. Background In a press release dated June 15, 2021, KRL announced the execution of two definitive agreements to acquire control of the May River Project through the acquisition of two unrelated holding companies: Hardrock Limited and [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its second interim results for the period ending June 30, 2021, a copy of which is available for review on the Company's website. Given the Company's transition to a calendar reporting cycle, the interim results are presented for a 7 month period on this occasion. Key aspects to report over the period include [...]
Kainantu Resources Ltd. is pleased to announce that it has changed its fiscal year-end to December 31, from its current fiscal year-end of November 30. KRL believes this change of year-end will better align the Company's financial reporting periods to that of its peer group in the mineral resources sector. In addition, the calendar year-end coincides with traditional financial, operational, and taxation cycles. For [...]
Kainantu Resources Ltd. is pleased to announce the execution of definitive agreements to acquire control of the May River Project in the world-renowned copper-gold district of Frieda River. Matthew Salthouse, Chief Executive Officer commented: "The May River Project is an exciting acquisition for KRL, given its location in an exceptionally prospective and proven district for significant copper-gold projects. May River [...]
Kainantu Resources Ltd. is pleased to announce that the Company's shares have been accepted for listing on the Frankfurt Stock Exchange and commenced trading on June 9, 2021 under the symbol "6J0". The Company's common shares are now cross listed on the TSX Venture Exchange and the FSE. The FSE is one of the world's leading international stock exchanges by revenue, profitability, and market capitalization and is the [...]
Kainantu Resources Ltd. is pleased to provide an update on the exploration outcomes at KRL South, its highly prospective project located in the Kainantu region of Papua New Guinea. Highlights Successful outcomes from ridge-and-spur auger sampling in the Tirokave area of KRL South; Definition of three distinct gold prospects: East Avaninofi Prospect, Yaoro Ridge Prospect and Kerefa Prospect; High-grade 40.13 g/t Au rock [...]
Kainantu Resources Ltd. is pleased to report the filing of its first quarter results for the interim period ending February 28, 2021 , a copy of which is available for review on the Company's website. Highlights over the period include: Completion of a private placement and raising C$4.1 million to support the development of highly prospective gold tenements in the Kainantu region of Papua New Guinea; Re-commenced trading [...]
Indem Sie auf die Schaltfläche "Alle Cookies akzeptieren" klicken, erklären Sie sich damit einverstanden, dass Webseite und Dritte Cookies auf Ihrem Gerät speichern und darauf zugreifen dürfen. Diese Cookies werden für Betrieb der Webseite, Analysen und interessenbezogene Werbung verwendet.
Ihre erteilte Einwilligung können Sie jederzeit ändern oder widerrufen mit Hilfe des "Zahnrad"-Symbols rechts unten in Ihrem Browserfenster.