Mich Resources is pleased to announce that it has closed a non-brokered private placement financing for aggregate proceeds of $1,153,000. The Offering is comprised of 5,530,000 flow through shares at a price of $0.125 per flow through share, and 4,800,000 Units at a price of $0.10 per Unit. Each Unit is comprised of one common share of the Company [...]
Mich Resources the Company is pleased to announce the appointment of Mr. Geoff Balderson as Chief Financial Officer of the Company, replacing Mr. David Suda, the Company's current Chief Executive Officer, who was acting CFO for the interim period. Mr. Balderson serves as the CFO and Director of several publicly traded companies in a variety of [...]
Mich Resources Ltd. is pleased to announce, further to its news release dated Nov 14, 2022, that it has entered into a definitive agreement with Pavey Ark Minerals, in connection with the acquisition of an option to purchase a 100% interest in Pavey's Chrome-Puddy Property and Danby Triangle Property. See the Company's news release dated Nov 14 [...]
Mich Resources is pleased to announce that its common shares will resume trading on the CSE at market open on Friday, Nov 25, 2022 under the symbol "MICH.X". Trading in the Shares of the Company was halted on July 30, 2021 pending the completion of a Reverse Takeover transaction to acquire the Pecoy Copper Project in Peru. On November 1, 2022, the [...]
Mich Resources is pleased to announce that it has entered a binding Letter of Intent with Pavey Ark Minerals Inc. whereby the Company has an option to purchase a 100% interest in Pavey's Chrome-Puddy Property. Acquisition Target Summary Chrome-Puddy is located in the Thunder Bay Mining Division, of Ontario, approximately 85 km north of Lac des Iles [...]
Mich Resources Ltd. announced that it has terminated agreements with Pembrook Copper Corp., Minera Andina de Exploraciones SAA and Carlos Mauricio Carlessi Vargas to acquire and consolidate 100% of the Pecoy Copper Project. On June 27, 2022, the Company announced that it had entered into updated definitive agreements with the Vendors to acquire and [...]
Mich Resources Ltd. the Company is pleased to provide an update on its proposed acquisition via reverse takeover of the advanced stage Pecoy copper project located in southern Peru from each of Pembrook Copper Corp. and Minera Andina de Exploraciones SAA as described in the Company's news releases dated July 30 and November 8, 2021. The Company is [...]
Mich Resources Ltd. is pleased to announce that further to its news release dated July 30, 2021, the Company has entered into definitive agreements with each of Pembrook Copper Corp. and Minera Andina de Exploraciones SAA for the acquisition of the advanced stage Pecoy exploration copper project located in Peru. The Pecoy Project is an advanced [...]
Mich Resources announced that it has signed a term sheet dated July 27, 2021 for the acquisition of the advanced stage Pecoy copper exploration project located in Peru. The signatories to the Term Sheet include Pembrook Copper, Minera Andina de Exploraciones SAA and UMS Projects. The Term Sheet contemplates that the Pecoy Project will be acquired [...]
Mich Resources Ltd. announces that it has completed a non-brokered private placement of 8,875,600 common shares at an issue price of $0.25 per Share for total gross proceeds of $2,218,900. The Company intends to use the proceeds of the Private Placement for corporate and general working capital purposes. Shares issued in connection with the Private [...]
Mich Resources Ltd. announces that Szascha Lim, the Company's CFO and Corporate Secretary, has been appointed as a director of Mich Resources Ltd. All existing directors will remain on the Board. In connection with this appointment, Ms. Lim has been granted 50,000 incentive stock options at a price of $0.27 per share, exercisable for a period of 10 [...]
Mich Resources Ltd. announces that an aggregate of 1,525,000 incentive stock options have been granted to directors, officers, consultants and charitable organizations at a price of $0.27 per share, exercisable for a period of 10 years, subject to CSE approval. The Company further reports that Frank Giustra and his related entities have acquired [...]