Chibougamau Independent Mines is pleased to inform shareholders that Cerrado Gold Inc. has announced that it has "completed the tender process for its Export Credit Agency Supported Non-Recourse Project Financing, and expects to complete the on-boarding and appointment process within the next few weeks." Cerrado has chosen an international bank to act as Mandated Lead Arranger for the Mont Sorcier Iron-Vanadium project in [...]
Chibougamau Independent Mines is pleased to inform shareholders that TomaGold Corporation has deposited $500,000 in the bank account of Chibougamau as required. Under the option agreement for the West Block of claims TomaGold deposited $300,000, the first-year option payment. Also, per the Letter of Intent, $200,000 was deposited related to an exclusive six-month due diligence period to study the East Block of claims [...]
ROUYN-NORANDA, Québec, Sept. 13, 2023 -- Chibougamau Independent Mines Inc. is pleased to announce that the Option Agreement announced on August 14, 2023 with TomaGold Corporation pursuant to which Chibougamau granted TomaGold an option to acquire the West Block, comprised of 99 claims in Barlow and McKenzie Townships, Québec, has been approved by regulators. In order to exercise its option and acquire a 100% interest in [...]
ROUYN-NORANDA, Québec, Aug. 15, 2023 -- At the request of the TSX Venture Exchange, Chibougamau Independent Mines Inc. wishes to clarify that it may be necessary for Chibougamau to apply to the Exchange for approval of the previously-announced Mining Option Agreement with TomaGold Corporation , pursuant to which TomaGold may acquire a 100% interest in the West Block, comprised of 99 claims in Barlow and McKenzie [...]
Chibougamau Independent Mines is pleased to announce that it has entered into a definitive Option Agreement with TomaGold Corporation on August 11, 2023 pursuant to which Chibougamau has granted TomaGold an option to acquire the West Block, comprised of 99 claims in Barlow and McKenzie Townships, Québec. In order to exercise its option and acquire a 100% interest in the West Block, TomaGold must make cash payments to [...]
Chibougamau Independent Mines is pleased to inform shareholders that Cerrado Gold Inc. has announced acceptance of an Expression of Interest from the UK Export Credit Agency to provide up to four hundred and twenty million dollars of support for the Mont Sorcier Iron Vanadium project located just east of Chibougamau Quebec. Chibougamau Independent Mines holds a 2% Gross Metal Royalty on all production from the property [...]
Chibougamau Independent Mines announces that it has granted incentive stock options to certain directors and officers of the Company to purchase up to 1,800,000 common shares in the capital stock of the Company under its share option plan. Each option entitles the holder to purchase one common share of the Company at an exercise price of $0.10 and will expire on February 8, 2028. The options granted are subject to the [...]
Chibougamau Independent Mines is pleased to announce that it has held a second and final closing of its previously-announced private placement by issuing 1,750,000 additional common shares at a price of $0.10 per share for proceeds of $175,000. Chibougamau will use the net proceeds from the private placement for working capital. As previously announced, at a first closing of the private placement held on December 28 [...]
Chibougamau Independent Mines Inc. is pleased to announce that it has completed its previously-announced "flow-through" private placement by issuing 2,168,966 "flow-through" shares at a price of $0.145 per share for proceeds of $314,500. Chibougamau will use the proceeds from the private placement for exploration on its properties in the Chibougamau area of Québec. At closing, Chibougamau also issued 120,000 common shares [...]
Chibougamau Independent Mines Inc. announces that it will effect a private placement of a maximum of 2,758,620 "flow-through" common shares at a price of $0.145 per share for maximum gross proceeds to Chibougamau of $400,000. Chibougamau will use the proceeds from the "flow-through" private placement for exploration on certain of its properties in Québec. Chibougamau also announces that it will effect a private placement [...]
ROUYN-NORANDA, Québec, Dec. 01, 2022 -- Chibougamau Independent Mines Inc. is pleased to report the results from drilling in the area of Chibougamau Independent's 100% owned Berrigan property in McKenzie township, northwest of the town of Chibougamau, Quebec. Two drill holes were completed: BT-22-14 for a total of 571.7 m and BT-22-15 for a total of 369 m. Hole BT-22-15 intersected two zones of highly anomalous zinc [...]
Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to update shareholders regarding its proposed drill program on the Bateman Bay property, including the C-3 copper/gold zone. The start of the program, as indicated in our press release dated December 24, 2020, was predicated upon ice conditions which would support the weight of a diamond drill and sundry equipment. Recent checks have shown that [...]
+77,78 %
-86,89 %
