This news release is issued by Ivanhoe Industries, LLC , pursuant to the early warning requirements of Canada's National Instrument 62-103 with respect to common shares and warrants to purchase common shares of Sama Resources Inc. . On March 12, 2018, Ivanhoe Industries' affiliate, HPX TechCo Inc., and Sama executed a binding term sheet regarding HPX's subscription for 25 million units of Sama at C$0.21 per unit, with [...]
MONTREAL, March 15, 2018 -- Sama Resources Inc. is pleased to announce that its Special Meeting of Shareholders will be held on Wednesday, April 11, 2018 at 1:00 P.M. at the head office of the Company to approve the previously disclosed strategic partnership with HPX TechCo Inc. updated as described herein . Only shareholders of record as of March 12, 2018 will be entitled to vote upon the Transaction. The mailing of the [...]
MONTREAL, March 14, 2018 -- Sama Resources Inc. today reports that SRG Graphite Inc. has today announced progress in the development of its mineral processing flowsheet designed in conjunction with DRA Americas and SGS Canada. Additionally, SRG has received positive testwork results on the expandable properties of its graphite flakes from the Lola deposit. Sama holds a control position in SRG of 24,658,267 shares [...]
MONTREAL, Feb. 07, 2018 -- Sama Resources Inc. today reports that SRG Graphite Inc. has today filed its National Instrument 43-101 Technical Report supporting the initial resource estimate for SRG’s 100%-owned Lola Graphite Deposit located in the Republic of Guinea, as reported in the SRG’s news release dated December 22, 2017. Sama is a significant shareholder of SRG. The NI 43-101 Technical Report was [...]
Sama Resources wishes to announce that Dr. Marc-Antoine Audet has stepped down as President and Chief Executive Officer of SRG Graphite in order to focus on his role as President and Chief Executive Officer of Sama Resources SRG has appointed Ugo Landry-Tolszczuk as President and Chief Operating Officer effective immediately. Dr. Audet remains a member of SRG’s Board of Directors and will continue to act as Lead [...]
Sama Resources is pleased to report that SRG Graphite announced today the resumption of activities at the cobalt-nickel-scandium project, known as the Gogota deposit at the Company’s Lola Project in Guinea. SRG will be resuming activities on the Gogota deposit and expects to file a National Instrument 43-101 compliant maiden mineral resource estimate in H1 2018. SRG acquired the Lola project from Sama Resources in a [...]
MONTREAL, Jan. 09, 2018 -- Sama Resources Inc. today announced, further to its news release dated November 29, 2017, that it has successfully completed the acceleration of its share purchase warrants issued under the non-brokered private placement announced on April 7, 2017. Of the 18,778,928 Warrants, 18,776,528 were exercised at a price of $0.20 per Warrant, for gross proceeds of $3,755,306. The remaining 2,400 Warrants [...]
MONTREAL, Dec. 22, 2017 -- Sama Resources Inc. is pleased to report that SRG Graphite Inc. announced today its initial resource estimate for its 100%-owned Lola Graphite Deposit located in the Republic of Guinea. The mineral resource estimate, prepared by Montréal-based Met-Chem, a division of DRA Americas Inc. , includes a pit-constrained indicated resource of 4.0 million tonnes grading 5.7% graphitic carbon and [...]
Sama Resources is pleased to report that SRG Graphite announced today the results of electrochemical characterization of its spherical purified graphite material produced from SRG’s Lola graphite deposit in the Republic of Guinea. The characterization tests were performed by Dorfner ANZAPLAN at their facility in Hirschau, Germany “The laboratory work and analysis on the Lola graphite concentrate and SPG [...]
MONTREAL, Nov. 29, 2017 -- Sama Resources Inc. today announced that it has elected to accelerate the expiry date of the warrants issued as part of its private placement unit offering announced on April 7, 2017. The warrants currently expire on April 19, 2022 and April 25, 2022. Pursuant to the terms of the Private Placement, if the closing price of the Company’s shares on the TSXV is $0.30 per share or greater for [...]
MONTREAL, Nov. 28, 2017 -- Sama Resources Inc. is pleased to report that SRG Graphite Inc. announced today that Coris Capital SA has filed an early warning report regarding the exercise of 2,625,000 share purchase warrants at a price of $0.50 per warrant share , thereby securing beneficial ownership of, or control and direction over an additional 2,625,000 common shares . “The exercise of these warrants further [...]
Sama Resources today announced that it has commenced a 3,000-line/km airborne helicopter time domain electromagnetic and magnetic survey over the Samapleu and Yepleu areas on the Company’s Côte d’Ivoire Nickel-Copper-Cobalt-Palladium Project in Côte d’Ivoire, West Africa. The HTEM Survey will be flown over the area at 200-meter line spacing and is being carried out by Geotech Ltd., Canada [...]