New Break Resources Ltd. announces the repricing of 1,730,000 common share purchase warrants with an exercise price of $0.20 and an expiry date of June 23, 2023 , to $0.15, effective immediately . Following the Warrant Repricing, the Company will have an aggregate of 6,274,200 outstanding warrants, having an exercise price of $0.15 and an expiry [...]
New Break Resources Ltd. is pleased to announce that it has closed the acquisition of an additional 2,460 hectares of mineral claims contiguous with its Moray property, located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. The acquisition, which increases the Company's [...]
New Break Resources Ltd. is pleased to announce that it closed its previously announced non-brokered private placement flow-through financing on May 31, 2023, for proceeds of $500,700. The funds will primarily be used by New Break to conduct a planned drilling program at its Moray gold project located in Ontario on the Cadillac Larder-Lake Fault [...]
New Break Resources Ltd. is pleased to announce that it has entered into a mining claim acquisition agreement with three arm's length individuals pursuant to which New Break will acquire the Beyer Kitchiming Lake gold-copper property from the Vendors. The acquisition increases the land position at New Break's Moray property to 5,354 hectares from [...]
New Break Resources Ltd. is pleased to announce that it intends to complete a non-brokered private placement offering of up to 5,000,000 flow-through common shares at a price of $0.15 per Flow-Through Share, for gross proceeds of up to $750,000 . All securities issued under the Offering are subject to a four-month and one day statutory hold period [...]
New Break Resources Ltd. is pleased to announce that the Company has increased the land position at its Moray property to 2,894 hectares from 1,856 hectares. Moray is located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc.. Moray exhibits comparable geology [...]
New Break Resources Ltd. is pleased to report on the results and findings at its Moray gold project, which appear to support the Company's thesis of pursuing a Young-Davidson gold mineralization model at Moray. The Young-Davidson gold mine, operated by Alamos Gold Inc. , is located approximately 32 km southeast of Moray. First discovered in 1916 [...]
New Break Resources Ltd. is pleased to announce that it has retained SmallCap Communications Inc. of Vancouver, B.C. to provide social media management and communication services for a one-year period commencing January 20, 2023, which includes an initial three month trial period, at a fee of $3,500 per month. SmallCap is a specialized digital [...]
New Break Resources is pleased to announce that it has closed a non-brokered private placement financing of 830,000 flow-through common shares at a price of $0.15 per Flow-Through Share for aggregate gross proceeds of $124,500. The Flow-Through Shares issued as part of the Financing are subject to a hold period of four months and one day from the [...]
New Break Resources is pleased to report the results of grab and channel sampling programs conducted from June to August 2022, at its 100% owned Moray property. Gold mineralization at Moray occurs in second order structures interpreted as splays off the Cadillac Larder-Lake Fault Zone, part of the famous Abitibi greenstone belt. New Break engaged [...]
New Break Resources is pleased to outline the Company's 2022 exploration programs at its 100% owned Moray property. New Break developed a fresh approach to 2022 exploration following the interpretation of results from its 2021 exploration programs, including observations and findings from detailed compilation work that also identified gaps in [...]
New Break Resources is pleased to announce that the Company's common shares have received final approval for listing from the CSE. The Common Shares are expected to commence trading on the CSE under the trading symbol "NBRK" at market open on Wednesday, September 7, 2022. New Break will also be featured on the CSE's YouTube channel, CSE TV, as the [...]