Anconia Resources Corp. and Avalon Investment Holdings Ltd. are pleased to announce the execution of a definitive amalgamation agreement dated October 9, 2019. The proposed transaction contemplated by the Agreement, affirms Anconia’s agreement to acquire all of the issued and outstanding securities of Avalon, by means of a three-cornered amalgamation between Anconia, Avalon, and a subsidiary to be incorporated under [...]
Anconia Resources Corp. and Avalon Investment Holdings Ltd. are pleased to announce that they have entered into a binding letter agreement dated May 24, 2019 , in respect of a proposed transaction , whereby Anconia has agreed to acquire all of the issued and outstanding securities of Avalon, by way of three-cornered amalgamation, share exchange or such other form of business combination as the parties may determine. The [...]
Anconia Resources Corp. is pleased to announce that it has completed the shares for debt transaction previously announced on August 17, 2018. The total amount of debt extinguished pursuant to the Shares for Debt Transaction was $586,636.02 for 11,732,720 common shares of the Company at $0.05 per share. The Common Shares are subject to a four month plus one day hold period . The Hold Period will expire on February 25 [...]
Anconia Resources Corp. is pleased to announce that the Company and certain creditors, have entered into agreements as of August 9, 2018 to settle $586,636.02 of indebtedness of the Company through conversion of such debt into common shares of the Company . Pursuant to the Shares for Debt Transaction, the Company will issue 11,732,720 Common Shares, at a price of $0.05 per Common Share. On completion of the Shares for [...]
TORONTO, ONTARIO--(Marketwired - April 10, 2017) - Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it is exercising its option to obtain a 100% ownership interest in the Grenfell Gold property in Kirkland Lake, Ontario. Anconia holds a 60% interest in this property under an earn in - option agreement executed in 2014. Anconia will issue 5 million common shares to Cadillac Ventures [...]
Anconia Resources is pleased to announce that it is has closed a non-brokered private placement offering. Anconia issued 808,980 units at a price per unit of $0.05 for gross proceeds of $40,449. Each Unit consists of one common share of Anconia and one common share purchase warrant. Each Unit Warrant entitles the holder to purchase one common share of Anco...
TORONTO, ONTARIO--(Marketwired - Nov 3, 2016) - Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it has completed the initial regional exploration program on its Batchewana East property near Sault Ste. Marie, Ontario. This regional exploration program focused on the northern portion of the Batchewana East property, with particular attention paid to the Wolverine Zn-Ag-Cu prospect where [...]
TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it has identified a new gold occurrence on its property in the eastern portion of the Batchawana Greenstone Belt in the Sault Ste. Marie area. Anconia entered into an option agreement (dated July 18th 2016) to acquire a large (approximately 65 square kilometres) group of claims in the [...]
TORONTO, ONTARIO--(Marketwired - Aug. 8, 2016) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it is has closed the third and final tranche of its previously announced non-brokered private placement offering [...]
TORONTO, ONTARIO--(Marketwired - July 28, 2016) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it is has closed the second tranche of its previously announced non-brokered private placement offering (the [...]
TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it has entered into an option agreement (the "Agreement") with three individuals (the "Owners") whereby Anconia will have the option to acquire up to a 100% interest in certain claims in the Sault Ste. Marie area (the "Property"). Under the terms of the Agreement Anconia can acquire a 100 [...]
Anconia Resources is pleased to announce that it is has closed a non-brokered private placement offering. Anconia issued 2,000,000 units at a price per unit of $0.05 for gross proceeds of $100,000. Each Unit consists of one common share of Anconia and one common share purchase warrant. Each Unit Warrant entitles the holder to purchase one...