Confederation Minerals announces that the Company intends to settle a total of $200,000 of debt with two arm's length parties. The Company will settle the Debt by issuing 597,014 common shares of the Company at a deemed price of $0.335 per common share. The Company negotiated the Shares for Debt Settlement in light of the Company's current working capital position and in order to preserve capital to fund the continued [...]
Confederation Minerals reports that it has granted incentive stock options, exercisable to purchase up to an aggregate of 1,050,000 shares of the Company, to directors and consultants of the Company pursuant to the Company's stock option plan. The options are all exercisable at the price of $0.40 per share until March 29, 2023, subject to any earlier termination in accordance with the Plan. The grant of options is subject [...]
Confederation Minerals is pleased to announce that it has closed its previously announced non-brokered private placement. The Financing raised gross proceeds of $809,200 by the issuance of 2,247,777 units at a price of $0.36 per Unit. Each Unit consists of one common share and one share purchase warrant, and each Warrant entitles the holder thereof to purchase one additional common share of the Company at a price of $0.55 [...]
Confederation Minerals is pleased to announce it has increased the size of the previously announced non-brokered private placement of the Company from $750,000 to up to $825,000. Under the Increased Offering, the Company may issue up to 2,291,667 Units at a price of $0.36. Each Unit will consist of one common share and one share purchase warrant and each warrant will entitle the holder to purchase one further common share [...]
Confederation Minerals Ltd. is pleased to announce a non-brokered private placement of 2,083,333 at a price of $0.36 per Unit for gross proceeds of up to $750,000. Each Unit will consist of one common share and one share purchase warrant and each warrant will entitle the holder to purchase one further common share in the capital of the Company at a price of $0.55 per share for a period of two years from the closing of the [...]
Confederation Minerals is pleased to announce a non-brokered private placement of 2,083,333 at a price of $0.36 per Unit for gross proceeds of up to $750,000. Each Unit will consist of one common share and one share purchase warrant and each warrant will entitle the holder to purchase one further common share in the capital of the Company at a price of $0.55 per share for a period of two years from the closing of the [...]
Confederation Minerals is pleased to announce the appointment of Robert Kang as the Company's director. Mr. Kang has a combined 27 years of public practice and company management on advising corporations and their executives regarding financing, mergers and acquisitions, going public transactions, continuous disclosure obligations, and corporate governance. Mr. Kang was previously with the TMX Group since 1992 served most [...]
(TheNewswire) Vancouver, British Columbia, Canada / TheNewswire / October 13, 2017 - Confederation Minerals Ltd. (TSXV: CFM) announces the resignation of Carl Hering from the Board of Directors. On behalf of the Board of Directors, Confederation Minerals Ltd. "David Velisek" David Velisek Interim President and CEO CORPORATE INQUIRIES Confederation Minerals Ltd. Suite 1980, 1075 West Georgia Street Vancouver, B.C [...]
Confederation Minerals announces that, further to its news releases of June 28, 2017 and July 5, 2017, it has determined not to proceed with the options on the Tourmaline Queen and Golden Galena project areas in Montana and the Bull and PCM project areas in Arizona and has terminated the three letters of intent in respect of those project areas. On behalf of the Board of Directors, Confederation Minerals Ltd. "David [...]
(TheNewswire) Vancouver, British Columbia, Canada / TheNewswire / August 29, 2017 - Confederation Minerals Ltd. (TSX-V: CFM) ("Confederation" or the "Company") is pleased to announce the appointment of David Velisek as interim President and CEO of the Company. David Velisek will succeed Carl Hering, who has resigned to pursue other professional opportunities. Mr. Velisek has been a director of the Company since 2015 and [...]
Confederation Minerals is pleased to announce a non-brokered private placement of up to 4,000,000 at a price of $0.55 per Unit for gross proceeds of up to $2,200,000. Each Unit will consist of one common share and one-half share purchase warrant and each full warrant will entitle the holder to purchase one further common share in the capital of the Company at a price of $0.75 per share for a period of two years from the [...]
Confederation Minerals has signed binding letters of intent to add two additional exploration projects to their expanding portfolio of high quality assets. The Bull and PCM Projects are both located near the Arizona-California-Nevada border in Mojave Co., Arizona, approximately 20 to 40 km west of Kingman, Arizona. The LOI's call for an initial 30 day due diligence period followed by cash and share payments, escalating [...]
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