Takara is pleased to announce that it has expedited the processing of several saprolite samples collected from a 76 meter long continuous channel sample cut across a stockwork style quartz vein and veinlet stringer-zone in a recently excavated pit having dimensions of approximately 85 meters by 55 meters, and 6 to 7 meters in depth.
Takara announces a non-brokered private placement offering for gross proceeds of up to $1,500,000. The Offering will comprise the sale of units at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company and one full non-transferable common share purchase warrant exerciseable at a price of $0.07 per common share at any time within 18 (eighteen) months from issuance.
Takara announces that it has reached a mutual agreement with GoldQuest Mining Corp. to terminate the previously announced proposed business combination transaction, in order that the parties can mutually investigate the potential for a more amenable transaction at a later date, one that may more suitably satisfy the shareholders of both companies. In the meantime, Takara shall continue to conduct its business in the [...]
Takara announces that it holds six million shares of St. Eugene Mining, representing approximately 5% of St. Eugene. On October 25, 2011, St. Eugene announced that Claude Resources will acquire all of the issued and outstanding shares of St. Eugene in consideration for approximately $19 million. In addition, shareholders of St. Eugene will receive 0.25 of a share of a newly incorporated company, that will hold a 100 [...]
Takara announces that over the past few months the Company has been working on data compilation of the Arakaka Gold Project, NW Guyana, South America, as well as following up on targets identified by the prior operators, which includes improving the access and infrastructure in furtherance of an extensive sampling, trenching and diamond drilling campaign. The area of the Arakaka Gold property has several historical open [...]
Takara and GoldQuest jointly announce today that they have agreed to complete a business combination transaction resulting in the amalgamation of assets. Bill Fisher, Chairman of GoldQuest, states: "The combined land positions create an outstanding mineral exploration portfolio including opportunities for early stage gold production in the Caribbean basin."
Takara announces that subject to regulatory approval, the Board of Directors has granted incentive stock options pursuant to Takara's stock option plan to an officer and employees to acquire an aggregate of 210,000 common shares of Takara. The stock options are exercisable at a price of $0.16 per Common Share and will expire five years from the date of the grant.
Takara announces a non-brokered private placement offering for gross proceeds of up to $3,000,000. The Offering will comprise the sale of units at a price of $0.15 per Unit. Each Unit will consist of one common share of Takara and one full non-transferable share purchase warrant. Each Warrant entitles the holder to acquire an additional Common Share at a price of $0.18 at any time within 7 months of issuance.
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