Fitzroy Minerals Inc. is pleased to provide an update on its pending acquisition of Ptolemy Mining Limited pursuant to a share exchange agreement entered into by the Company, Ptolemy, and Ptolemy's shareholders dated October 30, 2024 . On January 30, 2025, the Company entered into an amendment to the Agreement, pursuant to which the termination date was extended from January 31, 2025 to February 28, 2025. On November 28 [...]
Fitzroy Minerals Inc. is pleased to announce that new geophysical results, paired with previously reported soil and rock results, and geologic mapping, have enhanced the understanding of the epithermal mineral system at the Polimet Gold-Copper-Silver Project, Chile . An Induced Polarisation geophysical survey showed a very good relationship between conductive zones and known historical workings, hydrothermal alteration [...]
Fitzroy Minerals Inc. is pleased to announce that diamond drilling has started at the Caballos Copper Project, Chile . A drilling program at the main southern anomaly will test targets across the Pocuro Fault Zone and test the grade and dimensions of the mineralized intrusive body and associated hydrothermal breccia. This southern anomaly comprises a distinctive hydrothermal breccia and alteration zone running [...]
VANCOUVER, BRITISH COLUMBIA, November 28, 2024 - Fitzroy Minerals Inc. announces that it has repriced the non-brokered private placement of units for gross proceeds of a minimum of $2,500,000 and a maximum of $3,000,000 , previously announced on October 30, 2024 in connection with the Company's acquisition of Ptolemy Mining Limited . The price per Unit has been repriced from $0.20 per Unit to $0.15 per Unit. The Offering [...]
Fitzroy Minerals Inc. is pleased to provide an exploration update on its copper and gold-copper-silver projects portfolio in Chile. Highlights: Rock chip samples from newly mapped veins at the Polimet Gold-Copper-Silver Project, Chile , returned: 11.51 g/t Au and 0.93% Cu, 3.40 g/t Au and 2.65% Cu, and 3.38 g/t Au and 1.65% Cu. IP and ground magnetic geophysical surveys underway at Polimet to assist with final [...]
Fitzroy Minerals Inc. is pleased to announce that trading of its common shares on the TSX Venture Exchange will resume at market open on Thursday, November 21, 2024. Trading of the Company's common shares on the TSXV was halted on October 30, 2024 in accordance with the policies of the TSXV in connection with the Company's announcement that it had entered into a share exchange agreement dated October 30, 2024 with Ptolemy [...]
Fitzroy Minerals Inc. is pleased to announce the filing of an independent technical report for the Buen Retiro Copper Project in Atacama Region III, Copiapó Province and Copiapó Comuna, Chile on the Company's profile on SEDAR+ at www.sedarplus.ca. The Technical Report titled "National Instrument 43-101 Technical Report for the Buen Retiro Copper Project" with an effective date of August 15, 2024 and an [...]
Fitzroy Minerals Inc. is pleased to announce that it has entered into a share exchange agreement dated October 30, 2024 with Ptolemy Mining Limited and the shareholders of Ptolemy , pursuant to which the Company will acquire all of the issued and outstanding securities of Ptolemy from the Vendors . Ptolemy Mining Limited and the Buen Retiro Project Ptolemy is a UK-registered private company that, through a wholly-owned [...]
Fitzroy Minerals Inc. is pleased to announce that it has closed its previously announced non-brokered private placement of 14,144,892 units at a price of $0.15 per Unit for gross aggregate proceeds of $2,121,733.80, which includes the exercise of its overallotment option. Please refer to the Company's news release dated October 10, 2024 for further details. Each Unit issued pursuant to the Private Placement is comprised [...]
Fitzroy Minerals Inc. is pleased to announce a non-brokered private placement offering of up to 13,333,333 units of the Company at a price of $0.15 per Unit for intended aggregate gross proceeds of up to $2,000,000. The Company reserves the right to increase the size of the Offering by up to 10% pursuant to which the Company may issue up to an additional 1,333,333 Units to raise additional gross proceeds of up to [...]
Fitzroy Minerals Inc. announces that Mr. Sean Hurd has resigned as a director of the Company. Mr. Hurd was first appointed to the board in May 2018 and was instrumental in the founding and operation of the Company from 2018 till 2024. Campbell Smyth, Chairman of Fitzroy Minerals commented: "We would like to sincerely thank Mr. Hurd for his efforts and invaluable contribution as a Director and former CEO of the Company [...]
Fitzroy Minerals Inc. is pleased to announce it has entered into an extension agreement with Ptolemy Mining Limited to extend the exclusivity period provided for under the exclusivity letter agreement dated June 25, 2024 between the Company and Ptolemy. Pursuant to the Exclusivity Agreement, Ptolemy granted the Company an Exclusivity Period of 90 days to complete its technical, financial and legal due diligence [...]