Kainantu Resources Ltd. is pleased to announce the appointment of Mr. Nick Franey as Chief Geologist. Chief Geologist Appointment Mr Franey has over 40 years of exploration and project development experience, having served in senior roles with a number of well-established mining companies such as Anglo American Plc and OceanaGold Corporation, in [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its annual and fourth quarter results for the fiscal year ending December 31, 2021 , a copy of which is available for review on the Company's website. Key aspects to report from a financial perspective over the fiscal period ending December [...]
Kainantu Resources Ltd. is pleased to announce that it has entered into a 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 a significant advanced exploration porphyry [...]
Kainantu Resources Ltd. has completed an airborne geophysical survey over both its KRL North and KRL South projects. Data is currently being analysed. Assuming a positive assessment and in combination with mapping and geochemical sampling, this work is a key milestone step for the Company; and supports the objective of accelerating activities [...]
Kainantu Resources Ltd. is pleased to announce that it has closed the second tranche of its previously announced upsized private placement financing to raise an aggregate of C$2.77 million. The Offering was originally announced on Dec 1, 2021, to raise gross proceeds of up to C$1.5 million. Due to oversubscriptions, the Offering was subsequently [...]
Kainantu Resources Ltd. announces a further increase to its previously announced private placement financing due to oversubscriptions. The Offering was originally announced on Dec. 1, 2021, to raise gross proceeds of up to C$1.5 million, and, due to oversubscriptions, the Offering has been further upsized to raise aggregate gross proceeds of up to [...]
Kainantu Resources Ltd. is pleased to announce an increase to its previously announced private placement financing due to oversubscriptions. The Offering was originally announced on December 1, 2021, to raise gross proceeds of up to C$1.5 million, and, due to oversubscriptions, the Offering was subsequently upsized to raise gross proceeds of up to [...]
Kainantu Resources Ltd. is pleased to announce that it has closed the first tranche of its previously announced upsized private placement financing of $2 million. The Offering was originally announced on Dec. 1, 2021 to raise gross proceeds of up to C$1.5 million, and, due to oversubscriptions, the Offering was subsequently upsized to raised gross [...]
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 [...]
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 [...]
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 [...]
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 [...]