David H. Brett, President and CEO, Pacific Bay Minerals Ltd. , reports that the Company has now filed its Annual Audited Financial Statements for the year ended December 31, 2019 and its Interim Financial Statements for the Period ended March 31, 2020. Accordingly, the British Columbia Securities Commission published a Revocation Order on July 31, 2020, lifting the Cease Trade Order over the Company. In relation to the [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. hereby provides an update on the status of the filing of its annual audited financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its financial year ended December 31, 2019 . Due to complications arising from the Covid19 pandemic, the Company was unable to file its Annual Financial [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. provides an update on the status of the filing of its interim financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its interim period ended March 31, 2020. Earlier this year, the Canadian Securities Administrators issued a notice stating that securities regulators will be providing [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. provides hereby an update on the status of the filing of its annual financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its financial year ended December 31, 2019. On March 18, 2020, the Canadian Securities Administrators issued a notice stating that securities regulators will be [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that a review of historical exploration data at the Company's 100% owned Wheaton Creek Gold Property south of the Turnagain River near Dease Lake in northern BC , has highlighted a number of significant and encouraging findings, including a 1986 drill hole that cut 4.9 gpt gold over 3.05 metres. Additional drilling is warranted over a 1.5 kilometre zone [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the first hole of a two-hole, 236 metre drill program at the Company's 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC returned assays of 2 g/t gold and 13.71 g/t silver over 4.61 metres. These results represent core lengths only, as the true width of the structure has not yet been determined. The second [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. is pleased to report that veteran geologist Frank Moyle, B.Sc., has joined the board of directors of the Company. Longtime director Joel Tarrida, businessman based in Bellingham, WA, has stepped down. "Myself & the rest of the board and management of Pacific Bay would like to express our great appreciation to Joel for his many years of faithful service on behalf [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports assay results from a 7 hole, 448.2 metre diamond drill program completed at the Company's 100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC. DJ Drilling of Surrey BC, used a low-impact, man-portable diamond drill to test targets near the Meteor Zone, where 2011 drill hole 11MZ-07 encountered 17.5 metres grading 88.35 g/t [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that agreements to settle debt with seven creditors, as previously announced on September 14, 2018, and December 21, 2018, have been completed. The Company has issued 5,688,588 common shares at a deemed price of $0.10 per share to extinguish $568,858 of debts. These shares are subject to a hold period ending May 17, 2019. Pacific Bay Minerals Ltd. Per [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the share consolidation has become effective, and the post-consolidation common shares commenced trading at the open of the market on Friday December 21, 2018. There were 7,362,323 post-consolidation common shares of the Company outstanding prior to completion of the Offering described below. The Company also reported that it has closed the [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the share consolidation that was approved by shareholders on June 22, 2018, shall be become effective prior to the open of the market on Friday December 21, 2018. Further, the post-consolidation common shares shall commence trading on Friday December 21, 2018. The name of the Company and the trading symbol shall remain unchanged. The Company shall [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has completed two diamond drill holes at the Company's 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC. The holes targeted a previously identified high grade gold bearing quartz vein. Mineralized intercepts were encountered and assays are pending. Previous drilling produced a number of [...]
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