Goldflare Exploration Inc. is pleased to announce the appointment of Mr. Michel Desjardins and Mr. Pierre Alexandre to the Board of Directors of the Company, as independent directors. Mr. Desjardins replaces Mr. Yves Dufour, independent director for Goldflare since November 2019, and will also act as Chairman of the board. For his part, Mr. Pierre Alexandre replaces Mr. André Gauthier, independent director for Goldflare [...]
Goldflare Exploration Inc. wishes to announce the resignation of Serge Roy as Vice-President, Strategy and Business as well as Chairman of the Board of the Company. All members of management and the Board of directors would like to thank Mr. Roy for the services he has provided since taking office in 2019. Resigning for personal reasons, Mr. Roy wanted to express his gratitude to the shareholders for their support in the [...]
HIGHLIGHTS Goldflare completes a 9-holes short drill program on the Goldfields Zone, 700 metres west of Iamgold's Fayolle mining pit. Best result: 1.3 g/t gold over 22.8 metres including a higher-grade interval of 5.8 g/t gold over 2.4m in hole AIG-23-26. Drilling confirmed extension over 100 metres along strike, open at depth, leading to resume work in the coming weeks. Field observations demonstrated similarities [...]
Goldflare Exploration Inc. announces the closing of a private placement offering presented to eligible investors, at a price of $0.21 per unit allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 12 months following the closing of the Placement). The Offering totals 1,102,858 common shares, 2,205,716 Flow-Through shares and a total of 3,308,574 warrants. No insider participated to [...]
Goldflare Exploration announces the closing of the following two private offerings: Flow-through private placement of $120,000 offered to eligible investors at a price of $0.03 per unit. The issue totals 4,000,000 Flow-through shares. Finder's fees of $7,200 were incurred for the financing. No insiders participated in the Offering. Common share private placement of $120,000 offered to eligible investors at a price of [...]
Goldflare Exploration Inc. announces that the anticipated gross proceeds of its common stock financing are now expected to be $150,000 or 6,000,000 units. All other elements of the private placement remain the same. Closing is expected on November 30, 2023. This private placement is subject to the finalization of formal documentation, regulatory approvals and conditional on the approval of the TSX Venture Exchange. The [...]
Goldflare Exploration Inc. announces a private placement offering presented to an eligible investor, at a price of $0.03 per unit . The gross proceeds of the offering are expected to be $120,000 or 4,000,000 units. Closing is expected on November 24, 2023. This private placement is subject to the finalization of formal documentation, regulatory approvals and conditional on the approval of the TSX Venture Exchange. The [...]
Goldflare Exploration announces a new private placement offering presented to eligible investors, at a price of $0.025 per unit common share at a price of $0.025 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 24 months following the closing of the Placement). The anticipated gross proceeds of the offering are expected to be $100,000 or 4,000,000 units. Closing [...]
Goldflare Exploration Inc. announces a new private placement offering presented to eligible investors, at a price of $0.21 per unit allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 12 months following the closing of the Placement) . The anticipated gross proceeds of the offering are expected to be $500,000 or 2,380,952 units . Closing is expected on November 30, 2023. This [...]
Goldflare Exploration Inc. announces a new private placement offering presented to eligible investors, at a price of $0.20 per unit allowing the holder to acquire one common share at a price of $0.04 per share, for a period of 12 months following the closing of the Placement) . The anticipated gross proceeds of the offering are expected to be $500,000 or 2,500,000 units . Closing is expected on November 30, 2023. This [...]
The start of a new drilling phase on the Goldfields property confirmed mineralization over a length of approximately 30 meters near the surface. Results from the first four drill holes include: 5.27 g/t over 1 meter, including 0.54 g/t over 13.7 meters in drill hole AIG-23-19; 1.24 g/t over 8 meters in hole AIG-23-21; The first results confirm a true thickness of mineralization varying between 10m to 14m; Goldflare plans [...]
Goldflare Exploration Inc. announces that the Board of Directors of the Company has approved an extension of the expiration date of its series of warrants issued on November 5, 2021 which would expire on November 4, 2023. The extension is for a duration of one year from the initial expiry date, thus bringing the new expiration date of this series to November 4, 2024. The series includes a total of 5,568,229 warrants with [...]
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