Indigo Exploration Inc. is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . "Having attained DTC eligibility for our shares further increases our reach with potential investors throughout the United States and abroad," commented Paul Cowley, CEO of Indigo Exploration. "Given the global focus on decarbonization [...]
Indigo Exploration Inc. is pleased to report that the Company has received an additional $549,593 in proceeds from the exercise of 5,495,932 warrants at a price of $0.10 per share. This represents the entire balance of the warrants that were issued in conjunction with the May 2020 financing. Combined with the amount that the Company's previous announcement on May 8th, 2023, the Company has netted a total of $1,263,828 [...]
Indigo Exploration Inc. is pleased to report that the Company has, in the last week, received proceeds of $714,235 upon the exercise of 7,147,235 warrants at a price of $0.10 per share, representing approximately 60% of the outstanding number of $0.10 warrants that expire on May 15, 2023. "The early exercise of warrants from existing shareholders represents a strong vote of confidence for the Company's prospects and [...]
Indigo Exploration Inc. is pleased to announce the appointment of D.T. Brian Doherty, an Alberta-based highly accomplished senior petroleum geologist with over 40 years of experience to the Company's Board of Directors. Mr. Doherty has numerous roles over his career ranging from technical to executive and leadership. He is extremely knowledgeable in all aspects of the oil and gas industry including geophysics, reservoir [...]
Indigo Exploration Inc. is pleased to announce the engagement of GLJ Ltd. to oversee a sampling and brine testing study of Indigo's Fox Creek West and Fox Creek East Projects, located in west-central Alberta , approximately 250 km northwest of Edmonton. GLJ is one of the premiere global energy consultants with over 50 years of experience in meeting the world's need for responsible, sustainable energy. Their team of [...]
Indigo Exploration Inc. is pleased to announce its exploration plans for its Alberta-based lithium brine projects for 2023. The exploration program which will initially focus on the Fox Creek and Leduc projects, will include well sampling and aquifer modelling, and result in the tabling of two National Instrument NI 43-101 resource estimates by fall and the commencement of a Preliminary Economic Assessment for each [...]
Indigo Exploration Inc. is pleased to announce that its common stock has commenced trading in the United States on the OTCQB® Venture Market, under the trading symbol IXIXF. The Company is also working towards DTCC eligibility to further improve investor access and liquidity and will provide an update in the coming weeks. "Indigo Exploration's expansion into the U.S. securities markets is a milestone that brings our [...]
Indigo Exploration Inc. announces that it has closed a non-brokered private placement of 10,000,000 units at a price of $0.06/Unit to raise gross proceeds of $600,000 . All securities issued under the private placement are subject to a hold period expiring June 28, 2023, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. This news release does not constitute an offer to sell or a [...]
Indigo Exploration Inc. announces that pursuant to its 10% rolling incentive stock option plan it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to acquire an aggregate of 2,800,000 common shares in the capital of the Company at an exercise price of $ 0.0825 for a five year term expiring February 14, 2028. The Options vested on the date of grant and are subject [...]
Indigo Exploration Inc. announces that it proposes to undertake a non-brokered private placement of up to 10,000,000 units at a price of $0.06/Unit to raise total gross proceeds of up to $600,000 . Each Unit will be comprised of one common share and one half warrant. Each whole warrant will entitle the holder thereof to purchase one common share for a period of 2 years at a price of $0.10. The gross proceeds received from [...]
Indigo Exploration Inc. is pleased to announce it has doubled its land position in central Alberta, Canada covering significant subsurface Devonian reef reservoir aquifers with the potential to produce large volumes of lithium-bearing formation brine. The Company's permits recently granted by Alberta Department of Energy now total 147,904 hectares in three key areas of higher lithium brines and adjacent to permits held by [...]
Boards of Directors and Advisors Strengthened Indigo Exploration Inc. is pleased to announce a shift in Company focus to lithium in Alberta, Canada with the direct application and granting of 9 Metallic and Industrial Minerals permits in central Alberta, Canada covering significant subsurface Devonian reef reservoir aquifers with the potential to produce large volumes of lithium-bearing formation brine. The permits [...]