Element 29 Resources Inc. provides an update and summary of its wholly-owned Elida Copper Project located in central Peru. Elida is a large porphyry copper-molybdenum-silver system discovered in 2015. Elida Highlights 2015 drilling consists of 18 diamond drill holes totalling 9,880 metres . See Figure 1. All holes intercepted Cu-Mo-Ag [...]
Element 29 Resources Inc. has, subject to regulatory approval, retained Independent Trading Group (ITG) Inc. to provide market-making service and to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by ITG, a registered broker, in compliance with the [...]
Element 29 Resources Inc. today announced the successful closing of its initial public offering of an aggregate of 13,310,400 units of the company at a price of $0.50 per Unit for gross proceeds of $6,655,200. Each Unit comprises of one common share in the capital of the Company and one-half of one common share purchase warrant of the Company. Each [...]
Element 29 Resources Inc. today announced that it has obtained a receipt for its final prospectus filed with the securities regulatory authorities in the provinces of BC, Alberta and Ontario, in connection with the initial public offering of a minimum of 10,000,000 units of the company and a maximum of 20,000,000 Units at a price of $0.50 per Unit [...]
Element 29 Resources Inc. is pleased to announce that it has filed a preliminary prospectus in connection with a proposed initial public offering of units of the Company. Pursuant to the IPO, the Company intends to raise minimum gross proceeds of $5,000,000 and maximum gross proceeds of $10,000,000. The number of Units to be sold and the price per [...]