Ascot Resources Ltd. is pleased to announce that further to its press releases of May 2, 7 and 15, 2019, it has closed the brokered and non-brokered private placement of 8,139,548 “flow-through shares” of the Income Tax Act ) at a price of C$0.76 per Flow-Through Share, and 13,841,035 units at a price of C$0.70 per Unit for gross proceeds of C$15.9 Million . The Offering was conducted by a syndicate of agents [...]
British Columbia, May 15, 2019 -- Ascot Resources Ltd. is pleased to announce due to overwhelming demand, it has further upsized its previously announced broker and non-brokered private placement led by Sprott Capital Partners LP as part of a syndicate to up to 7,985,052 “flow-through shares” of the Income Tax Act ) at a price of C$0.76 per Flow-Through Share, and 13,714,536 units at a price of C$0.70, each [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations OTCQX Resources Virtual lnvestor Conference are now available for on-demand viewing at VirtualInvestorConferences.com. LINK: https://tinyurl.com/0509PostPR The company [...]
Ascot Resources Ltd. is pleased to announce that it has increased its previously announced broker and non-brokered private placement to accommodate demand from existing shareholders. The offering has increased to C$15.2 Million which will now consist in the issue of up to 7,821,548 “flow-through shares” of the Income Tax Act ) at a price of C$0.76 per Flow-Through Share, and 13,206,822 units at a price of [...]
Metals & Mining and Energy Company Executives share vision, answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming OTCQX Resources Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining [...]
Ascot Resources Ltd. is pleased to announce that, subject to regulatory approval, it will undertake a best efforts combination of a brokered and non-brokered private placement offering of units and common shares which qualify as “flow-through shares” of the Income Tax Act ) to accredited investors for aggregate gross proceeds of C$10,000,000 . Each Unit is offered at a price of C$0.70 and includes a common [...]
Ascot Resources Ltd. is pleased to announce that Phase 1 of its 2019 drilling program at the flagship Premier Project, located near Stewart, British Columbia commenced on April 17. This initial program will consist of drill testing exploration targets, step out drilling from known mineralization and upgrading of resources in priority areas of the property. “Commencing drilling is the first step in an aggressive 2019 [...]
Ascot Resources Ltd. and Nisga’a Nation are pleased to announce that they have entered into a Benefits Agreement through Ascot’s wholly-owned subsidiary IDM Mining Ltd. for the Red Mountain Underground Gold Project , located within the Nass Area, approximately 15 kilometers northeast of Stewart, BC. The comprehensive Agreement sets the basis for a long-term success of the Project, which will benefit [...]
Ascot Resources Ltd. and IDM Mining Ltd., announce that they have completed their previously announced plan of arrangement under the Business Corporations Act, pursuant to which Ascot acquired all the issued and outstanding common shares of IDM, and, in exchange, shareholders of IDM received 0.0675 of a common share of Ascot for each IDM Share held. The Arrangement consolidates Ascot’s Premier gold project and [...]
IDM Mining Ltd. is pleased to announce that the securityholders of IDM have voted in favour of the necessary resolutions for the arrangement between Ascot Resources Ltd. and IDM previously announced on January 7, 2019. Pursuant to the terms of the Arrangement, Ascot will acquire all of the issued and outstanding common shares of IDM and, in exchange, shareholders of IDM will receive 0.0675 of a common share of Ascot for [...]
Ascot Resources Ltd. is pleased to announce that it has entered into a subscription and note agreement related to a convertible loan for gross proceeds of US$10 million split between Sprott Private Resource Lending , LP and Resource Income Partners Limited Partnership for US8.83M and US$1.17M respectively. As previously announced on January 7, 2019, the Note will mature in two years with an interest rate of 8% or 8.5% and [...]
Ascot Resources Ltd. and IDM Mining Ltd. are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Ascot will acquire all of the issued and outstanding common shares of IDM. Each IDM shareholder will be entitled to receive 0.0675 of a common share of Ascot for each share of IDM held. The Transaction will consolidate Ascot’s Premier Gold project and IDM’s Red [...]
+200,00 %
-98,04 %
