Pacific Bay Minerals Ltd.

Pacific Bay Minerals Ltd. , reports that the Board of Directors of the Company have accepted the resignation of Mr. Antonio Vespa effective immediately. "We are appreciative of Antonio's efforts and all that he has done for the Company and would like to thank him on behalf of the rest of the board as we have progressed the business," stated CEO and President, Reagan Glazier. "He has been a valuable contributor, and we [...]

Pacific Bay Minerals Ltd. reports that the Company has closed partial proceeds of the non-brokered, $500,000 private placement announced May 15, 2023, amended terms of which were announced May 30th, 2023 , totaling $28,000. The balance of the Financing will not be proceeding. According to the amended terms of the Financing, the Company issued 560,000 units at $0.05 per share, consisting of one share and one warrant to [...]

Reagan Glazier, President & CEO, Pacific Bay Minerals Ltd. reports that the Company's option agreement with Brixton Metals Corp. to acquire the Atlin Goldfields Project has terminated. The Company was not in a position to make the $200,000 cash payment to Brixton and notwithstanding Pacific Bay's attempt to renegotiate the terms of the option, Brixton elected to terminate the agreement. "Market conditions did not support [...]

Pacific Bay Minerals Ltd. . The Company has reduced the price of the units under the Offering from $0.07 per Unit to $0.05 per Unit. Each Unit will now be comprised of one common share in the capital of the Company and one Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Share for a period of 36 months from the closing date of the offering, at an exercise price of $0.10 per Share [...]

Pacific Bay Minerals Ltd. is pleased to announce that, further to its press release dated March 28, 2023, it has issued 4,000,000 common shares of the Company at a deemed price of $0.05 per Share to settle $200,000 of previously outstanding indebtedness owed to the estate of former Pacific Bay director Guilford Brett . The Shares are subject to a hold period expiring four months and one day after the date of issuance. As [...]

Pacific Bay Minerals Ltd. invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference. Pacific Bay Minerals Ltd. is pleased to announce that it has been invited to present at the Emerging Growth Conference on May 17th, 2023. The next Emerging Growth Conference is presenting on May 17th, 2023. This live, interactive [...]

Pacific Bay Minerals Ltd. of the Company at a price of $0.07 per Unit for gross proceeds of up to $500,500 . Each Unit will consist of one common share and one-half of one Share purchase warrant , with each Warrant entitling the holder to acquire an additional Share at a price of $0.12 per Share for a period of 36 months from the closing date of the Offering. The Offering is expected to close on or about May 30, 2023, and [...]

Reagan Glazier, president and CEO of Pacific Bay Minerals Ltd. reports that Pacific Bay and Brixton Metals Corp have agreed to amend the terms of the definitive option agreement entered into by the parties on May 4th, 2022 enabling Pacific Bay to acquire up to a 100% interest in the Atlin Goldfields Property in northern BC . The amending agreement provides Pacific Bay additional time to complete the required first [...]

Pacific Bay Minerals Ltd. is pleased to announce that it has reached an agreement with the estate of former Pacific Bay director Guilford Brett to convert approximately $200,000 of debt consisting of loans, cash advances and accrued interest into common shares of the Company at a price of $0.05 per Share . The 4,000,000 Shares to be issued pursuant to the Debt Conversion will be subject to a hold period expiring four [...]

Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. reports that the Company has appointed BC geologist Reagan Glazier to its board of directors and as President and CEO of the Company. Former President & CEO David H. Brett will remain on the board as non-executive chair. Coincident with the forgoing changes, Pacific Bay director Bill Smith has stepped down from the board to focus on other priorities. Mr. Glazier [...]