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 [...]
Goldflare Exploration Inc. announces an update about the exploration work on its Goldfields property. The property contains a high density of historic drilled gold showings, hosted in the extension of the Porcupine-Destor fault. The company Iamgold Corporation is currently carrying out pit development of the Fayolle zone, located approximately 700 meters east of Goldflare's drilling program. On May 31st, the Company [...]
Goldflare Exploration Inc. announces the start of a second phase of drilling on the Goldfields project following a first high-grade result of 15.36 g/t over 7.05 meters including an interval of 103.86 g/t over 1 meter from the hole AIG-23-13. The Company provides an update on the work in progress on the Goldfields and Condor projects and is preparing to advance these two projects located in the extension of the [...]
Goldflare Exploration Inc. announces that its board of directors has approved a new "rolling 10%" stock option plan subject to approval of the Company's shareholders. The New Plan has been conditionally approved by the TSX Venture Exchange and will be submitted to the Company's shareholders for approval at its 2023 annual meeting of shareholders. The New Plan will replace the Company's "fixed number" stock option plan [...]