Northisle Copper and Gold Inc.

Northisle Copper and Gold Inc. is pleased to provide an update on its private placement previously announced on October 13, 2020. The Placement is oversubscribed and the Company now intends to raise gross proceeds of up to $3.2 million by issuing up to 24,615,385 common shares at a price of $0.13 per share. Please refer to the initial news release announcing the Placement for additional details, including anticipated use [...]

Northisle Copper and Gold Inc. announces that it intends to raise up to $3,000,000 by way of a non-brokered private placement to consist of up to 23,076,923 common shares at a price of $0.13 per share. Certain insiders of the Company intend to participate, with full particulars of such participation to be included in the news release announcing the closing of the Placement. In addition, NorthIsle has included affiliates [...]

Northisle Copper and Gold Inc. is pleased to announce that the Board of Directors has appointed Sam Lee as President and Chief Executive Officer of Northisle, effective October 5, 2020. John McClintock has resigned as President and CEO and will continue with the Company as Vice President, Exploration. Over the past 20 years Mr. Lee has advised on some of the most prominent M&A, equity, and debt transactions in the [...]

HIGHLIGHTS The recently completed metallurgical tests improved the copper and gold recovery rates at the Red Dog Deposit by an average of 5% and 65% respectively, compared to the tests forming the bases for estimates used in the previously published PEA Metallurgical tests also demonstrate potential to recover silver and rhenium metal content, which was previously excluded from the PEA economics The previously published [...]

NCX Highlights The recently completed metallurgical tests improved the copper and gold recovery rates at the Hushamu Deposit by an average of 17% and 24% respectively, compared to the tests forming the bases for estimates used in the previously published PEA Metallurgical tests also demonstrate potential to recover silver and rhenium metal content, which was previously excluded from the PEA economics Similar metallurgical [...]

Northisle Copper and Gold announces that as a result of the COVID-19 pandemic, Northisle experienced delays in the completion of its audited year end financials and a corresponding delay in the preparation of its first quarter financials and Management Discussion and Analysis. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market [...]

Northisle Copper and Gold announces that as a result of the COVID-19 pandemic, Northisle has experienced delays associated with the limited availability of our auditors and certain employees critical to the audit process. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for periodic [...]

Northisle Copper and Gold announces that it has closed the private placement announced on October 22, 2019. Closing consisted of the issuance of 1,500,000 flow-through common shares at a price of $0.08 per share, for total consideration of $120,000. Northisle paid a cash finders’ fee of $6,000 in connection with this private placement to BMO Nesbitt Burns. All of the securities issued pursuant to this private [...]

Northisle Copper and Gold Inc. announces that it intends to raise up to $120,000, subject to regulatory approvals, by way of a non-brokered flow-through share private placement to consist of up to 1,500,000 flow-through shares at a price of $0.08 per flow-through share. Certain insiders of the Company have agreed to participate, with full particulars of such participation to be included in the news release announcing the [...]

Northisle Copper and Gold Inc. recently held its 2019 Annual General Meeting in Vancouver. All motions passed with a 99% approval rate and included the appointment of Hay and Watson as auditors of Northisle, approval of Northisle’s incentive stock option plan, and the re-election of John McClintock, David Douglas, Larry Yau, Martino di Ciccio, and Dale Corman as Directors. Brandon Macdonald did not stand for [...]