Greencastle Resources Ltd. announces the Company has acquired 2,500,000 common shares in the capital of Highrock Resources Ltd. at an average price of $0.065 per Common Share, through the facilities of the Canadian Securities Exchange. Prior to the acquisition of the Common Shares, the Company did not hold any securities of Highrock. Upon completion of the acquisition of the Common Shares, the Company will hold 2,500,000 [...]
Greencastle Resources Ltd. announces that the Company has cancelled an aggregate of 378,933 stock options issued pursuant to its stock option plan on August 25, 2021. The Options were cancelled to ensure compliance with the limits set forth by Company's Stock Option Plan considering the decrease in the Company's capitalization from its normal course issuer bid. The Options were granted to certain officers and directors of [...]
Greencastle Resources Ltd. is pleased to announce that at the annual and special meeting of its shareholders on July 15, 2022 , shareholders approved the Company's stock option plan , as amended. The Stock Option Plan, as amended, is further described in the Company's information circular, a copy of which can be found on the Company's SEDAR profile at www.sedar.com. The Stock Option Plan is a "10% rolling" stock option [...]
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 [...]