Archer Exploration Corp. is pleased to announce that, further to its news releases dated October 23rd and November 15th, 2023, it has closed its non-brokered private placement for gross proceeds of $2,038,030. Pursuant to the Offering, the Company issued: 10,602,400 non flow-through units at a price of $0.08 per NFT Unit, 5,998,200 flow-through [...]
Archer Exploration Corp. is pleased to announce that it has received the final cash payment of $612,000 from Magna Mining Inc. due in connection with the sale of Lonmin Canada Inc. . On November 7, 2022, Magna closed its acquisition of Loncan, whose core asset was the Denison Project and past producing Crean Hill Ni-Cu-PGE mine in Sudbury, Ontario [...]
Archer Exploration Corp. is pleased to announce a non-brokered private placement of securities to raise total gross proceeds up to C$1,500,000 . The Offering will be comprised of: Quebec charity flow-through units to be sold at a price of $0.155 per CFT Unit; flow-through units to be sold at a price of $0.09 per FT Unit; and non-flow-through units [...]
Archer Exploration Corp. is pleased to announce that it has engaged Generation IACP Inc. to provide services as a market maker in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation. IACP will receive a fee of C$7,500 plus applicable taxes per month. The agreement between the Company and [...]
Archer Exploration Corp. is pleased to announce that it is changing its fiscal year-end to December 31st, from its current fiscal year-end of September 30th. The notice for the year-end change required under National Instrument 51-102 has been filed under the Company's profile at www.sedarplus.ca . Archer believes this change of year-end will [...]
Archer Exploration Corp. is pleased to announce that it has received very encouraging results from down hole electromagnetic surveys recently completed on its 100%-owned Grasset Ni-Cu-Co PGE project located in the Abitibi Greenstone Belt of Quebec, Canada. Highlights Recently completed DHEM surveys yielded three new highly conductive plates within [...]
Archer Exploration Corp. is pleased to announce that Archer's President & CEO, Tom Meyer, will be presenting live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on July 27th, 2023. Date: July 27th Time: 1:30 - 2:00 pm EST Registration: https://bit.ly/3Ne25Hz 1x1 Meeting Availability: July 27, 28, 31 [...]
Archer Exploration Corp. is pleased to announce that the Company has resumed exploration at its Grasset Project in the Abitibi Greenstone Belt of Quebec, Canada. Tom Meyer, Archer's President & CEO, commented: "Our thoughts are with the people and the communities within the affected wildfire areas, and we would like to offer a special thanks to all [...]
Archer Exploration Corp. is pleased to announce that it has entered into an agreement with Impala Platinum Holdings Ltd. to amend the terms of the Parkin option and joint venture agreement . Pursuant to the terms of the amended Parkin Option agreement, Archer may now acquire Impala's remaining 49.6% interest in the Parkin offset joint venture by [...]
Archer Exploration Corp. is pleased to announce that its common shares have qualified to trade on the OTCQB® Venture Market under the new symbol "RCHRF". The common shares of the Company will continue to trade on the Canadian Securities Exchange under the symbol "RCHR" and the Frankfurt Stock Exchange under the symbol "6YR0". Tom Meyer, Archer's [...]
Archer Exploration Corp. is pleased to announce that it has changed its auditor from De Visser Gray LLP to BDO Canada LLP effective June 20, 2023 . At the request of the Company, the Former Auditor resigned as auditor of the Company on the Effective Date and the Board of Directors of the Company appointed the Successor Auditor as the Company's [...]
Archer Exploration Corp. is pleased to provide an update on its ongoing 2023 nickel sulphide exploration program at its 100% owned Grasset project, located in the northern Abitibi Greenstone Belt of Quebec, Canada. Recent drilling has focused on testing for immediate extensions of the Grasset Nickel Deposit. Hole GR23-03 represents the highest [...]