TORONTO, March 02, 2018 -- Copper Lake Resources Ltd. is pleased to announce that drilling has commenced on its Marshall Lake property located 250 kilometres north East of Thunder Bay, Ontario. The purpose of the program is to test three VTEM conductors identified in a comprehensive compilation of previous work on the property conducted in 2014-2017. Each target is related to previously detected, shallow Cu-Zn-Ag-Au [...]
TORONTO, Feb. 28, 2018 -- Copper Lake Resources Ltd. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement of units first announced on December 14, 2017 raising a total of $770,500 . On December 28, 2017, the Company announced the closing of the first tranche of the private placement for aggregate gross proceeds of $350,000 by way of the issuance and sale of 7,000,000 [...]
TORONTO, Jan. 30, 2018 -- Copper Lake Resources Ltd. is pleased to announce that its previously announced non-brokered private placement has been extended to March 1, 2018, and increased to 12,000,000 Flow-Through Units and 3,000,000 Non Flow-Through Units to raise gross proceeds of up to $750,000 . Each FT Unit will be issued at $0.05 and will consist of one flow-through common share and one-half of one common share [...]
TORONTO, Jan. 18, 2018 -- Copper Lake Resources Ltd. is pleased to announce that the Company has retained George Mannard, P.Geo, as a consulting geologist to oversee the Company’s Ontario properties and specifically the upcoming drill program on our Marshall Lake property. Mr. Mannard has over 30 years of global mineral exploration experience and is an expert in precious and base metals. He is well versed in project [...]
TORONTO, Jan. 03, 2018 -- Copper Lake Resources Ltd. is pleased to announce the results from its Annual General Meeting held on December 18, 2017 in Toronto, Ontario, which had a turnout in person or by proxy of 26.93% of its issued and outstanding shares. All of management’s nominees for directors being Terrence MacDonald, Jeffery Malaihollo, Paul Mcgroary, Gary O’Connor and Edward Yurkowsky were approved by [...]
TORONTO, Dec. 28, 2017 -- Copper Lake Resources Ltd. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement offering of Flow-Through Units pursuant to which the Corporation issued 7,000,000 Flow-Through Units at a price of $0.05 per unit for gross proceeds of $350,000. Each FT Unit consists of one flow-through common share and one-half of one common share [...]
TORONTO, Dec. 14, 2017 -- Copper Lake Resources Ltd. announces that it is arranging a non-brokered private placement of up to 8,000,000 Flow-Through Units and 2,000,000 Non Flow-Through Units to raise gross proceeds of up to $500,000 . Each FT Unit will be issued at $0.05 and will consist of one flow-through common share and one-half of one common share purchase warrant , with each full FT Warrant being exercisable at [...]
Copper Lake Resources is pleased to provide an update on the company’s recent activities and upcoming plans. Following the appointment of the new Board of Directors and Management in March 2016, the Company’s objectives were set as follows: Compile a complete database of drill results and geology for the Company’s core Marshall Lake property; Consolidate the ownership of the Marshall Lake property;
TORONTO, July 05, 2017 (GLOBE NEWSWIRE) -- Copper Lake Resources Ltd. (TSX-V:CPL) (Frankfurt:W0I) ("Copper Lake" or the "Company") announces that, further to its news release on May 1, 2017, it has issued an aggregate total of 1,008,000 common shares and 490,800 warrants to settle interest indebtedness of $50,400 owing as at April 28, 2021 on its outstanding convertible debentures. The warrants were issued to arm's length [...]
TORONTO, ONTARIO--(Marketwired - May 1, 2017) - Copper Lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:W0I) ("Copper Lake" or the "Company") is pleased to announce holders of convertible debentures issued in April 2016 have elected to convert debentures in the amount of $307,500 into units at a conversion rate of $0.05 per unit, effective April 27, 2017. Each unit is comprised of one common share and one common share [...]
TORONTO, ONTARIO--(Marketwired - Apr 18, 2017) - Copper Lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:W0I) ("Copper Lake" or the "Company") is pleased to announce it has signed an agreement with Rainy Mountain Royalty Corp. ('RMO') to acquire all of the camp assets owned by RMO at the Marshall Lake property. Copper Lake and RMO have also agreed to extend the option agreement for a further 12 months, to July 15, 2018. As [...]
TORONTO, ONTARIO--(Marketwired - Mar 7, 2017) - Copper Lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:W0I) ("Copper Lake" or the "Company") is pleased to announce it has entered into a mineral property option agreement to acquire up to 100% of four separate properties made up of seven claims. The properties are situated in the Kenora and Patricia mining divisions in Northwestern Ontario and are known as the Queen [...]