Serengeti Resources Inc. announces the Company’s audited financial statements and Management Discussion & Analysis for the year ended February 29, 2020 have now been filed and can be accessed for review on SEDAR. Further to the Company’s news release of June 15, 2020, the Company has now received TSX Venture Exchange acceptance and issued 272,104 common shares in the capital of the Company at a deemed price of $0.19 per [...]
Serengeti Resources Inc. is pleased to report that permits have been received from the Ministry of Energy and Mines for all activities planned for 2020. The fully funded 2020 field season work is planned to begin in mid-June. It will focus on key opportunities to add value to the advanced Kwanika copper-gold project and to the highest priority regional exploration targets, East Niv and Top Cat. The Company’s programs will [...]
Serengeti Resources Inc. announces that it continues contingency planning for its fully funded 2020 exploration program. The work planned will focus on key opportunities to add value to the advanced Kwanika copper-gold project and to the highest priority regional exploration targets. However, the health and safety of Serengetis employees and contractors is the most important priority and work will only proceed as and [...]
Serengeti Resources Inc. announces that it is in receipt of a $165,000 Mineral Exploration Tax Credit refund, plus accrued interest relating to 2018 expenditures on the Company’s various exploration properties. With an improved balance sheet and exciting exploration / development plans for 2020 at Kwanika and its other regional exploration properties, the Company has re-engaged the services of Ms. Nancy Curry of [...]
Serengeti Resources Inc. is pleased to report results from a recently completed historical data compilation and modelling exercise completed for the Top Cat property, which is under option from the Pinchi Group (see Serengeti press release dated July 23, 2019). Top Cat covers approximately 240 sq. km. in north-central BC. The property adjoins the western margin of Sun Metals' and Teck's Lorraine claim groups [...]
Serengeti Resources Inc. is pleased to report that the Board of Directors and Shareholders of Kwanika Copper Corporation have approved a budget for exploration and project optimization to be completed at the Kwanika Project during 2020. Upon completion, Serengeti will own 67% of KCC as a result of sole funding the 2020 program. The 2020 program will include: Exploration and Resource Development 3,600 metres of diamond [...]
Serengeti Resources Inc. is pleased to report results from a recently completed historical data compilation and modelling exercise completed for the Top Cat property, which is under option from the Pinchi Group [see Serengeti press release dated July 23, 2019] . Top Cat covers approximately 240 sq. km. in north-central BC. The property adjoins the western margin of Sun Metals' and Teck's Lorraine claim groups, approximately 10km north of the Lorraine copper-gold [...]
Serengeti Resources Inc. is pleased to report that the Board of Directors and Shareholders of Kwanika Copper Corporation have approved a budget for exploration and project optimization to be completed at the Kwanika Project during 2020. Upon completion, Serengeti will own 67% of KCC as a result of sole funding the 2020 program. The 2020 program will include: Exploration and Resource Development 3,600 metres of diamond [...]
Serengeti Resources Inc. Further to the Company’s news release of December 18, 2019 wherein it was announced that the Company had arranged a non-brokered private placement to raise gross proceeds of up to CDN $500,000, the Company reports that due to overwhelming interest, it increased the offering to $695,443. The Financing has now closed and the Company has issued a total of 3,863,572 units at a price of $0.18 per [...]
Serengeti Resources Inc. announces closing of the second and final tranche of its non-brokered flow through private placement financing originally announced December 12, 2019. In the second tranche, the Company issued a total of 884,000 Flow Through Common Shares at a price of $0.24 per FT Share to raise gross proceeds of CDN$212,160.00. Finders’ fees totaling $14,851.00 in cash and 52,850 Finder’s Warrants [...]
Serengeti Resources Inc. announces closing of a first tranche of its non-brokered flow through private placement financing originally announced December 12, 2019. The Company issued a total of 5,968,000 Flow Through Common Shares at a price of $0.24 per FT Share to raise gross proceeds of CDN$1,432,320.00. Finders’ fees totaling $91,022.40 in cash and 379,260 Finder’s Warrants were paid in respect of certain [...]
Serengeti Resources Inc. announces a non-brokered Flow Through private placement financing to raise gross proceeds of up to CDN$1,500,000 through the sale of up to 6,250,000 flow-through common shares at a price of $0.24 per FT Share . The Offering is expected to close on or about December 17, 2019 . Completion of the Offering is subject to receipt of all required regulatory and other approvals, including acceptance by [...]