Northwest Copper Corp.

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 [...]

Serengeti Resources Inc. is pleased to report results from recent field mapping and prospecting at the Top Cat property, which is under option from the Pinchi Group [see Serengeti press release dated July 23rd, 2019] . The Top Cat property covers approximately 240 sq. km. in north-central BC. The property adjoins the western margin of Sun Metals' and Teck's Lorraine claim groups. It lies approximately 10km north of the Lorraine copper-gold deposit. Company geologists [...]

Serengeti Resources Inc. reports that Kwanika Copper Corp. , the joint venture company owned by SERENGETI and POSCO INTERNATIONAL Corporation , has determined that it is not in a position to complete the Kwanika Prefeasibility Study at this time due to lack of funding and instead will focus on completing an Interim Study Report. Kwanika is a resource stage Cu-Au project in British Columbia, a politically stable [...]

Serengeti Resources Inc. is pleased to report results from the 2019 drilling campaign at the ATTY Project in north-central BC, and to provide an update on the Croy-Bloom and Topcat exploration programs. ATTY lies immediately north of and adjacent to Centerra Gold’s Kemess property. Serengeti secured an option to earn a 100% interest in the ATTY project from Finlay Minerals Ltd. and Electrum Resource Corporation in [...]

Serengeti Resources Inc. is pleased to report that at the Annual and Special General Meeting of its shareholders held September 24, 2019 , the Company experienced a strong turnout of votes. A total of 90 votes were received in person and by proxy, representing 36,829,962 shares or 37.68% of the Company’s issued share capital. All resolutions proposed and voted on at the meeting were approved and duly passed with [...]

Serengeti Resources Inc. announces that it has now closed its convertible loan financing for CAD $700,000.00 with various private investors . . Proceeds from the Loan financing will be used to cover the Company’s share of current expenditures for the Kwanika PFS and for general corporate purposes. All common shares which may be issued pursuant to this Loan financing are subject to a statutory hold period which [...]