Greencastle Resources Ltd. announces the reinstatement of the Company's Normal Course Issuer Bid. Subject to regulatory approval, the Company will conduct a normal course issuer bid . The Bid will be for up to 4,002,276 common shares in the capital of the Company over a period of one year , being approximately 10% of Company's issued and outstanding Common Shares and being 10% of the Public Float of the Company's issued [...]
Greencastle Resources Ltd. "Greencastle" or the "Company") is pleased to announce an initial investment in Criterium Energy Ltd. "Criterium", an emerging, upstream energy company focused on the acquisition and development of oil and gas assets in Southeast Asia. Greencastle has acquired 6,000,000 Criterium units at a price of $0.04 for total consideration of $240,000. Each unit is comprised of one common share of [...]
Greencastle Resources Ltd. announces the reinstatement of the Company's Normal Course Issuer Bid. Subject to regulatory approval, the Company will conduct a normal course issuer bid . The Bid will be for up to 3,875,917 common shares of the Company over a period of one year , being approximately 10% of Company's issued and outstanding common shares and being 10% of the Public Float of the Company's issued and outstanding [...]
Greencastle Resources Ltd. welcomes David Grant Martin to the Board of Directors. David is a retired Investment Advisor and businessman residing in Kelowna, British Columbia and was appointed following the Company's annual meeting held on June 15, 2021. The Company also announces the grant of 4,000,000 incentive stock options to certain officers, directors and consultants at an exercise price of $0.10 expiring on August [...]
Greencastle Resources Ltd. announces that it has entered into assignment and assumption agreements with Atikokan Resources, dated July 6, 2021, whereby the Company has assigned its option to acquire the Mayflower Property and the Seagrave Property located in the Kenora District. As consideration for the Transaction, Greencastle will receive 5,000,000 units in the capital of Atikokan and $50,000 in cash for each property [...]
Greencastle Resources Ltd. is pleased to report encouraging drill results at Jewel Ridge, Nevada. Greencastle optionee, Golden Lake Exploration Inc. reported yesterday the discovery of a high-grade mineralized oxide zone at the Northeast Eureka target on the Company's Jewel Ridge gold property located near the town of Eureka, Nevada. From surface, an intercept of 24.54 metres returned 9.16 grams per tonne gold , 65.8 g/t [...]
Greencastle Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement through the issuance of an aggregate of 1,000,000 units of the Company at a price of $0.10 per Unit for gross proceeds of C$100,000 . Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder thereof to acquire [...]
Greencastle Resources Ltd. today announces the Company has reached an arrangement with Marburg Corp., whereby, Marburg shall be the sole subscriber to a Private Placement of 1,000,000 Greencastle units at $0.10. Each unit will consist of one common share and one common share purchase warrant exercisable for three years at $0.15. About Marburg Marburg is a private company based in Toronto, Canada focused on equities [...]
Greencastle Resources Ltd. today announces the Company has entered into an option agreement to earn an undivided 100% interest in the Mayflower Gold Property 35 km west of Atikokan, Northwestern Ontario. The Mayflower property consists of 64 claims covering the historic Mayflower gold mine workings in the emerging Rainy River - Atikokan gold district. Historic work between 1899 and 1928 resulted in the sinking of a 30 [...]
Greencastle Resources Ltd. is pleased to report encouraging drill results at Jewel Ridge, Nevada and receipt of two million common shares of Golden Lake Exploration Inc. "We are very encouraged by the Golden Lake results at Jewel as we turn our attention to the Seagrave property and the Red Lake area of NW Ontario. These are two of the world's great gold mining districts." commented Anthony Roodenburg, Greencastle, CEO [...]
Greencastle Resources Ltd. today announced the Company has entered into an option agreement to earn an undivided 100% interest in the Seagrave property. The property consists of 131 claim units in the Birch-Uchi Greenstone Belt, Red Lake Mining District in northwestern Ontario and is approximately 12 kilometers south of the Springpole Gold Deposit of First Mining Gold Corp. Anthony Roodenburg, Greencastle CEO, commented [...]
Greencastle Resources Ltd. is pleased to report sampling results from the Company’s Jewel Ridge gold property in Nevada where drilling is expected to begin later this month. Sampling Highlights Sampling carried out by Golden Lake Exploration Inc. at the A & E target area returned strong gold and silver values up to 5.48 grams per tonne and 324.0 grams per tonne silver and up to 14.20 g/t Au and 562.0 g/t Ag from the [...]