South Pacific Metals announces a non-brokered private placement financing of up to 7,500,000 common shares in the capital of the Company at a price of C$0.20 per Share for gross proceeds of up to C$1,500,000. The Shares issued under the Offering will be subject to a four month hold period. The Company may pay finders a fee in cash and/or warrants [...]
Kainantu Resources announces that it will complete a consolidation of the issued and outstanding shares of the Company at a ratio of ten pre-consolidation common shares for one post-consolidation common share. The Company will also change its name to "South Pacific Metals Corp." and its trading symbol will change to "SPMC". The Consolidation and [...]
Kainantu Resources is pleased to announce that it has closed the second and final tranche of its previously announced private placement financing of C$2,000,000, originally announced on November 23, 2023. In the first tranche of the Offering, the Company has issued an aggregate of 87,500,000 common shares of the Company at a price of C$0.02 per [...]
Kainantu Resources is pleased to announce that it has closed the first tranche of its previously announced private placement financing of C$2,000,000, originally announced on Nov 23, 2023. Under the first tranche of the Offering, the Company has issued an aggregate of 87,500,000 common shares of the Company at a price of C$0.02 per Share to raise [...]
Kainantu Resources is pleased to announce that it made the post-closing payment of US $500,000 to Harmony Gold Exploration, being a wholly owned subsidiary of Harmony Gold Mining Company, in connection with the release from escrow of the tenement transfer documents of the Kili Teke Gold-Copper Project. KRL Interim CEO Adam Clode stated, "We would [...]
Kainantu Resources is pleased to announce a private placement financing of up to 100,000,000 common shares of the Company at a price of C$0.02 per Share for gross proceeds of up to C$2,000,000. The Shares issued under the Offering will be subject to restrictions on resale for a period of four months from the date of issue. The Company may pay a [...]
Kainantu Resources announces that Adam Clode has been appointed as interim Chief Executive Officer of the Company and Dain Currie has been appointed as Chairman of the Company. These appointments fill the vacancies of outgoing Chief Executive Officer and director, Matthew Salthouse, and Chairman and director, Marcus Engelbrecht. With Mr. Clode as [...]
Kainantu Resourcesis pleased to announce the appointment of Dain Currie as an independent director of the Company. The board of directors of KRL now consists of Marcus Engelbrecht, Matthew Salthouse, Geoff Lawrence, David Loretto, and Dain Currie. Mr. Currie is a seasoned capital markets professional with over 18 years' experience working with both [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce the closing of its private placement financing of C$1.27 million , originally announced on May 30, 2023. In the first tranche of the Offering, the Company has issued senior convertible debenture units with an aggregate principal amount of C$503,164.06, as [...]
Kainantu Resources Ltd. is pleased to announce that it has closed the definitive agreement with Harmony Gold Exploration Limited , a wholly-owned subsidiary of Harmony Gold Mining Company Limited to acquire 100% ownership of the Kili Teke Gold-Copper Project in Papua New Guinea . Kili Teke is an advanced porphyry gold-copper development project [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce the closing of the third tranche of its private placement financing of C$1.8 million , originally announced on May 30, 2023. In the first tranche of the Offering, the Company has issued senior convertible debenture units with an aggregate principal amount [...]
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, 2023, a copy of which is available for review in the "Investors" section of the Company's website. Highlights to report over the period include the following : Business and Operations [...]