VANCOUVER, B.C., March 22, 2018 -- Ascot Resources Ltd. is pleased to announce that further to its press releases dated February 29, 2018 and March 13, 2018, it has closed the brokered private placement of 4,362,350 flow-through common shares at a price of C$1.49 per FT Share for gross proceeds of C$6,499,901.50 . The Offering was conducted on a reasonable commercial efforts basis by a syndicate of agents lead by Sprott [...]
British Columbia, March 13, 2018 -- Ascot Resources Ltd. is pleased to announce that it has oversubscribed its previously announced private placement and amended its agreement with Sprott Capital Partners and Primary Capital Inc., , to now issue up to 4,362,416 flow-through common shares of the Company at an issue price of C$1.49 per Flow-Through Share for gross proceeds of up to C$6.5 Million . As disclosed in the [...]
British Columbia, Feb. 28, 2018 -- Ascot Resources Ltd. is pleased to announce that it has entered into an agreement with Sprott Capital Partners and Primary Capital Inc., , in connection with a marketed private placement to raise gross proceeds of C$5,000,440 . The Offering will consist of 3,356,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of C$1.49 per [...]
VANCOUVER, British Columbia, Feb. 12, 2018 -- Ascot Resources Ltd. is pleased to announce that the United States Forest Service recently released a Final Decision Notice & Finding of No Significant Impact related to two prospecting permits that were submitted by Ascot USA Inc regarding its Mt. Margaret property, a porphyry copper-molybdenum-gold-silver deposit located 22.5 km southwest of Randle, Washington in Skamania [...]
VANCOUVER, British Columbia, Feb. 01, 2018 -- Ascot Resources Ltd. is pleased to announce the appointment of Mr. Bill Bennett to the Ascot Board of Directors effective immediately. Mr. Bennett was a government MLA in British Columbia for 16 years in the Riding of Kootenay East. In addition to holding portfolios for Local Government and Tourism, Mr. Bennett was named BC Mines Minister three separate times over his 16 [...]
VANCOUVER, B.C., Jan. 16, 2018 -- Ascot Resources Ltd. is pleased to announce the appointment of Mr. Don Njegovan to the Ascot Board of Directors effective immediately. Mr. Njegovan, currently the Vice President of New Business Development at Osisko Mining, headquartered in Toronto, Canada, brings a wealth of experience in both the banking and mining sectors with senior roles held previously at Scotiabank and Hudson Bay [...]
VANCOUVER, British Columbia, Dec. 11, 2017 -- Ascot Resources Ltd. is pleased to announce the completion of Ascot’s 2017 drilling program on the Premier property, which covers more than 65 square kilometres near the town of Stewart in northwest BC. The 2017 program was executed in a cost effective and efficient manner utilizing the company owned fleet of eight diamond drills. During the 2017 season, 379 holes were [...]
VANCOUVER, British Columbia, Nov. 22, 2017 -- Ascot Resources Ltd. is pleased to announce the next set of high-grade gold assay results from 32 holes in the Northern Lights area. The Company has 40 holes remaining pending assay results, which are expected to be completed between now and early December 2017. Recent Drilling Highlights: The new Prew Subzone continues to deliver exceptional results including hole P17-1558 [...]
VANCOUVER, British Columbia, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSXV:AOT) (“Ascot” or the “Company”) is pleased to announce that during 2017 379 holes were drilled for a total 118,800 metres. The goal of the program was to follow up on high-grade targets from previous drill programs including the newly discovered Ben and Prew subzones in the Northern Lights area. Work included [...]
VANCOUVER, British Columbia, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSXV:AOT) (“Ascot” or the “Company”) is pleased to announce that today, Carrol Li was appointed as the Chief Financial Officer (“CFO”), Jody Harris was appointed as the Corporate Secretary and Kristina Howe was appointed as the VP of Investor Relations. In addition, the Company has granted an aggregate [...]
The Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC. As part of the 2017 exploration program at the Northern Lights zone, drilling continues to deliver good results. The new Prew Subzone results include hole P17-1452 which had an interval grading 8.04 g/t Au over 12.50 meters including 48.00 g/t Au over 1.65 meters. The Prew Subzone remains open along strike and [...]
VANCOUVER, BC, Oct. 08, 2017 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSXV:AOT) (“Ascot” or the “Company”) is pleased to announce the appointment of Mr. Rick Zimmer to the role of non-executive Chairman of the Board of Directors of Ascot (the “Board”), effective October 7th, 2017. Mr. Zimmer was recently appointed to the Board and brings a wealth of experience from his 40-plus years of [...]
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