1844 Resources Inc. announces that it came to an agreement to sell its Lac Arsenault Project to Canada Gold Resources Ltd The Purchase Price for the Mining Claims shall be Six Hundred Thousand Canadian Dollars payable as follows: One Hundred Thousand Canadian Dollars in cash to be provided to 1844 on the Closing Date. And shares of the treasury of the Purchaser for the value of Five Hundred Thousand Canadian Dollars to be [...]
1844 Resources Inc. announces a clarification to its press release entitled "Completes Public Offering of Common Shares" issued on November 23, 2022 . The Initial Press Release used the phrase "syndicate of selling brokers". For clarification, Leede Jones Gable Inc. was the sole agent and book runner for the offering, and there were no member firms that formed a syndicate. This clarification does not change any other [...]
1844 Resources Inc. is pleased to announce that it has closed its previously announced best efforts public offering of 10,164,000 common shares in the capital of the Company at a price of $0.05 per Common Share for aggregate gross proceeds of $508,200 . For further details on the Offering, see the Company's news release dated July 21, 2022. The Offering was conducted by Leede Jones Gable Inc. and included a syndicate of [...]
1844 Resources Inc. announces that the Company has retained Independent Trading Group Inc. to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the company on the TSXV for the purposes of maintaining an orderly market and improving the liquidity of the Company's shares. ITG will not receive shares or options as compensation. However, ITG and its clients may have or [...]
1844 Resources Inc. announces further to its news release of July 21, that it has closed the non-brokered private placement of flow-through common shares in the capital of the Company at $0.08 per F-T Share by the issuance of 4,000,000 F-T Shares for gross proceeds of $320,000. In connection with the closing of the Offering, the Company has paid cash finders' fees of $19,200.00, being 6 % of the aggregate proceeds from [...]
1844 Resources Inc. announces that due to current market conditions the Company has changed the size of and repriced its short form prospectus offering previously announced on May 4, 2022, from 15,625,000 common shares at a price of $0.08 per Common Share to 15,000,000 Common Shares at a price of $0.05 per Common Share. Closing of the Offering remains subject to certain conditions including, but not limited to, the [...]
1844 Resources Inc. reports that on May 17, 2022, the Quebec Ministry of Forests, Fauna and Parks issued a letter to the Company , announcing the MFFP's intention to deny the Company's application for an intervention permit relating to the development of eight exploratory drilling sites at the Company's Vortex property. The Company has decided not to pursue any work programs at the Vortex property for at least the next 12 [...]
1844 Resources Inc. announces that it has acquired the final four claims required to complete its land position on it Native Copper Project on the Gaspe Peninsula of eastern Quebec. This addition now brings the total land position to 299 claims covering over 98 square kilometres and includes seven known copper showings and high-grade drilling, trenching and grab sample assays for both coppers. Mr. Bernard-Olivier Martel [...]
1844 Resources Inc. is pleased to announce that it has entered into an agreement with Leede Jones Gable Inc. , in connection with a short form prospectus offering of up to 15,625,000 common shares in the capital of the Company at a price of $0.08 per Common Share to raise aggregate gross proceeds of up to $1,250,000 .The Offering is being made by the Agent and members of its selling group, on a commercially reasonable [...]
1844 Resources Inc. announces that it has entered into a purchase agreement to acquire a 100% undivided interest in 25 additional claims on its Native Copper Project from two separate private vendors . As consideration, each Vendor will receive 200,000 common shares and a 2% net smelter returns royalty, 1% of which may be retired for a one-time payment of $500,000. Additionally, 1844 has stake 70 new cells to the [...]
1844 Resources Inc. is pleased to announce, further to its news release of December 14, 2021, that it has closed its non-brokered private placement of 2,260,000 units at a price of $0.065 per Unit for gross proceeds of $146,900. Each Unit is comprised of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant . Each whole Warrant will entitle the holder to purchase one [...]
1844 Resources Inc. announces that it expects to complete a non-brokered private placement of 5,000,000 units at a price of $0.065 per Unit for gross proceeds of up to $325,000. Each Unit will be comprised of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant . Each whole Warrant will entitle the holder to purchase one additional Share in the capital of the Company [...]
