Aquila Resources Inc. is pleased to announce results of a positive Preliminary Economic Assessment for its wholly-owned Back Forty Project , located in the Upper Peninsula of Michigan, USA. The PEA demonstrates Back Forty’s value as a high grade, gold-rich project with compelling economics in a Tier 1 jurisdiction. The PEA builds on the Company’s [...]
Aquila Resources Inc. is pleased to announce that the Company and a subsidiary of Osisko Gold Royalties Ltd. have entered into definitive agreements to amend certain terms of the gold purchase agreement dated November 8, 2017 and the amended and restated silver purchase agreement dated September 30, 2016 in order to accelerate Aquila’s access to a [...]
Aquila Resources Inc. announced the filing of its financial results for the first quarter ended March 31, 2020. All amounts, unless indicated, are reported in US dollars. “As always, our priority is ensuring the health and safety of our employees and our local community. I am pleased to confirm that we have had no cases of COVID-19 to date,” said [...]
Shares Outstanding: 338,556,404 Aquila Resources Inc. announced the filing of its financial results for the fourth quarter and year ended December 31, 2019. All amounts, unless indicated, are reported in US dollars. "2019 was a year of considerable progress and achievement for Aquila as we continued to advance the Back Forty Project towards [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. announced that the Michigan Department of Environment, Great Lakes, and Energy approved amendments to Aquila's Nonferrous Metallic Mineral Mining Permit and its Michigan Air Use Permit to Install for its Back Forty Project. The amendments update the permits to align with the project design [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. announced that the environmental review panel for the Michigan Department of Environment, Great Lakes, and Energy has upheld the Final Decision and Order previously made by an Administrative Law Judge in support of the Michigan Nonferrous Metallic Mineral Mining Permit for its Back Forty Project [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. announced the filing of its financial results for the third quarter ended September 30, 2019. All amounts, unless indicated, are reported in US dollars. Barry Hildred, President & CEO of Aquila, commented, "During the quarter, we continued to focus on advancing certain permit amendments for Back [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. announced the filing of its financial results for the second quarter ended June 30, 2019. All amounts, unless indicated, are reported in US dollars. Barry Hildred, President & CEO of Aquila, commented "In 2019, we have continued to advance pre-construction activities in compliance with all [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. announces that its two largest shareholders, Orion Mine Finance and Osisko Gold Royalties Ltd. have completed a transaction whereby Orion purchased from Osisko all 49,651,857 common shares of the Company owned by Osisko . The Transaction is a small component of the share repurchase and secondary [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. announces that the 8 nominees listed in the management information circular for its 2019 annual meeting of shareholders held earlier today were elected as directors of Aquila. 256,268,547 shares were represented at the Meeting, representing 75.61% of Aquila's issued and outstanding common [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. announced the filing of its financial results for the first quarter ended March 31, 2019. All amounts, unless indicated, are reported in US dollars. Barry Hildred, President & CEO of Aquila, commented "In 2019, Aquila has made significant progress on our strategy of advancing the Back Forty [...]
Shares Outstanding: 338,284,556 Aquila Resources Inc. is pleased to announce that on May 3, 2019, the Michigan Office of Administrative Hearings and Rules issued a Final Decision and Order upholding the Michigan Nonferrous Metallic Mineral Mining Permit for its Back Forty Project in Michigan. In February 2017, both the Menominee Indian Tribe of [...]
