1844 Resource is pleased to announce that it has entered into a letter of intent with Nickel North Corp to earn an interest in the Hawkridge Project. With the terms agreed to, both parties are now working to finalize the terms of the formal and binding option agreements, which will consist of two separate option agreements. Mr. Sylvain Laberge, President and CEO of the Company commented: "We are pleased to have [...]
1844 Resources Inc. is pleased to announce the appointment of Mr. Mathieu Olivier to the board of directors effective immediately. Mr. Olivier will replace Mr. Denis Clement, who had been a board member since 2012. Holding a bachelor's degree in business administration from Laval University, Mr. Olivier has led a 20-year career in wealth management and financial advisory in Quebec and has a strong history of managing [...]
1844 Resources Inc. is pleased to provide an update with respect to its previously announced sale of the Lac Arsenault project to Canadian Gold Resources Ltd. . Pursuant to the terms of the Transaction, the Purchaser paid 1844 Six Hundred Thousand Canadian Dollars as follows: One hundred thousand Canadian dollars in cash; and 2,000,000 common shares of the Purchaser . Such common shares have a statutory hold period [...]
1844 Resources Inc. , is pleased to announce it has closed its previously announced non-brokered private placement of units . At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 . Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each whole Warrant entitles the holder thereof to [...]
Nickel North Exploration wishes to announce that the option agreement originally dated March 6, 2023, as amended by the amended and restated option agreement dated Nov 27, 2023 and extended by an extension letter agreement dated January 30, 2024 with 1844 Resources, pursuant to which the Company was to sell a 100% undivided interest in the Hawk Ridge nickel-copper project comprised of 411 mineral claims covering 179 km2 [...]
1844 Resources Inc. announces that its previously announced amended and restated option agreement with Nickel North Exploration Corp. has terminated in accordance with the terms of the Amended and Restated Option Agreement due to market conditions. As a result, the Company has no right to acquire any interest in the Hawk Ridge property. With the termination of the Amended and Restated Option Agreement, the Company now [...]
1844 Resources Inc. , as previously announced, the Company has entered into an amended and restated option agreement with Nickel North Exploration Corp. with respect to the Hawk Ridge property in Quebec. In connection with the Option Agreement the Company previously announced a non-brokered private placement of up to 75,000,000 units at a price of $0.02 per Unit for aggregate gross proceeds of up to $1,500,000 . The [...]
1844 Resources Inc. is pleased to announce that the Company and Nickel North Exploration Corp. have agreed to extend the outside date of the amended and restated option agreement , previously announced on December 1, 2023. The effective date of the Amended and Restated Option Agreement, being two business days following the acceptance of the TSX Venture Exchange of the transactions contemplated by the Amended and Restated [...]
1844 Resources Inc. is pleased to provide an update with respect to its previously announced non-brokered private placement of units for aggregate gross proceeds of up to $1,000,000 and its previously announced amended and restated option agreement with Nickel North Exploration Corp. with respect to the Hawk Ridge property in Quebec. The Company increases its previously announced Unit Offering of up to 50,000,000 Units to [...]
1844 Resources Inc. is pleased to announce the closing of its non-brokered private placement of flow-through units previously announced on September 23, 2023 and November 10, 2023 . The Company issued 3,587,500 FT Units at a price of $0.03 per FT Unit for aggregate gross proceeds of $107,625. Each FT Unit consists of one common share, issued as a "flow-through share" within the meaning of the Income Tax Act , and one-half [...]
1844 Resources Inc. announces that, at the Annual General Meeting of Shareholders held December 15, 2022 , the Company's shareholders re-elected incumbent directors, Mr. Pierre-Yves Larose, Andrew Davidson, Tom MacNeill, Denis Clement and Sylvain Laberge. 1844 reports the resolutions re-appointing Davidson & Company LLP as auditors of the Company and approving the continuation of the Company's Omnibus Equity Incentive [...]
1844 Resources Inc. is pleased to announce that, further to the Company's news releases dated March 6, 2023 and September 23, 2023, the Company has entered into an amended and restated option agreement with Nickel North Exploration Corp. with respect to the option agreement between the parties dated March 6, 2023, as amended , relating to the Company's option to acquire the Hawk Ridge Project. Pursuant to the Amended and [...]