Program targets Eldorado and high-grade Santa Cruz Discoveries THUNDER BAY, ONTARIO--(Marketwired - Feb 4, 2014) - Source Exploration Corp. (the "Company" or "Source") (TSX VENTURE:SOP) is pleased to announce the commencement of a 2,800 metre diamond drilling program at its Las Minas property. The drilling will focus on delineating higher-grade zones of skarn mineralization outlined by earlier drilling programs at the [...]
THUNDER BAY, ONTARIO--(Marketwired - Feb 3, 2014) - Source Exploration Corp. (the "Corporation") (TSX VENTURE:SOP) today announced that its board of directors (the "Board") has approved an amendment to the by-laws of the Corporation (By-Law No. 1) to include mandatory procedures for nominations of persons for election to the Board, including an advance notice requirement for nominations of directors by shareholders in [...]
THUNDER BAY, ONTARIO--(Marketwired - Jan 22, 2014) - Source Exploration Corp. ("Source" or the "Company") (TSX VENTURE:SOP) reports that David Baker, the Executive Chairman of the Company, has arranged a sale of 1,100,000 common shares of the Company ("Common Shares") at a price of $0.075 per Common Share to a third party through the facilities of the TSX Venture Exchange. The proceeds from this sale will be used by Mr [...]
THUNDER BAY, ONTARIO--(Marketwired - Jan 20, 2014) - Source Exploration Corp. ("Source" or the "Company") (TSX VENTURE:SOP) is pleased to announce that it has closed its non-brokered private placement previously announced on December 13, 2013 (the "Private Placement"). The Company has raised $386,250 through the issuance of 5,150,000 units (the "Units") at a price of $0.075 per Unit. Each Unit consists of one common share [...]
THUNDER BAY, ONTARIO--(Marketwired - Jan 17, 2014) - Source Exploration Corp. (the "Company "or "Source") (TSX VENTURE:SOP) is pleased to announce the signing of a diamond drilling contract for commencement of its 2014 exploration program at the Las Minas property, Veracruz, State, Mexico. Source has contracted with K.D.L. Mexico S.A de C.V. for a minimum of 2,800 metres of drilling, scheduled to get underway in the [...]
Source announces that in connection with its previously announced non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.075 per Unit for gross proceeds of up to $375,000, the Company will pay a finder's fee to certain arm's length parties of up to 6% of the gross proceeds of the Offering that are sold to subscribers introduced by such parties, payable in cash or common shares of the [...]
Source is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.075 per Unit for gross proceeds of up to $375,000. Each Unit will consist of one common share of the Company and one common share purchase Warrant. Each Warrant will entitle the holder to purchase one common share of the Company for a period of twelve months from the closing date of [...]
Source Exploration announces the resignation of Mr. Darrell Rader as a director of the Company due to his increased work commitments related to Minaurum Gold. Rader's resignation is effective today. Mr. David Baker, Chairman of the Board, stated, "On behalf of the board and management team, I would like to thank Darrell for his valuable service as a director. It was a pleasure to work with Darrell and we sincerely wish [...]
THUNDER BAY, ONTARIO--(Marketwired - Nov 13, 2013) - Source Exploration Corp. (the "Company" or "Source") (TSX VENTURE:SOP) is pleased to announce the appointments of Mr. David Baker and Mr. Earl Terris to the Board of Directors of the Company, effective immediately. Mr. Baker will also assume the role of Executive Chairman while Mr. Terris will be a member of the Audit Committee. Mr. Baker has over 25 years' experience [...]
Source Exploration announces the resignation of Mr. Paul Huet as a director of the Company due to his increased work commitments related to Klondex Mines's Nevada operations. Mr. Huet's resignation was effective October 30, 2013. Mr. Gorden Glenn, Chairman of the Board, stated, "On behalf of the board and management team, I would like to thank Paul for his valuable service as a director. It was a pleasure to work with [...]
Source Exploration announces that Mr. Abraham Drost has resigned as a director of the Company for personal reasons, effective October 24, 2013. Mr. Gorden Glenn, Chairman of the Board, stated, "On behalf of the board and management team, I would like to thank Abraham for his years of service as a director and former President and his significant contributions to advance the Company. All of us sincerely wish Abraham the [...]
THUNDER BAY, ONTARIO -- (Marketwired) -- 06/06/13 -- SOURCE EXPLORATION CORP. (the "Company" or "Source") (TSX VENTURE: SOP) is pleased to announce the successful negotiation of an extension to its option agreement to acquire the Pepe, Pepe Tres, and San Jose concessions located at the Las Minas property in Veracruz State, Mexico.
The new agreement extends the term of the option agreement by an additional two years to [...]