Greencastle Resources Ltd. is pleased to report that the Company has entered into an option agreement with Deveron Resources Ltd. relating to Greencastle's Rockstone Zinc / Graphite property some 40 km west of Thunder Bay, in north-west Ontario. Under the terms of the Agreement, Deveron will pay total cash consideration of $150,000 and incur $2,000,000 in exploration expenditures over a three year period to earn a 60 [...]
TORONTO, ONTARIO--(Marketwired - Jun 9, 2014) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or "the Company") is pleased to announce the results of the Company's annual meeting of shareholders held on May 29, 2014. Mr. Michael Power was elected as a new member of the Greencastle board of directors replacing Mr. James Borland, who did not stand for re-election. The Company would like to thank Mr. Borland [...]
TORONTO, ONTARIO--(Marketwired - May 22, 2014) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or "the Company"), is pleased to report that the Company has acquired a 47.5% working interest, subject to a 3-per-cent gross overriding royalty, in a suspended Cardium oil and gas well in the Ferrier area of Alberta, which the company feels can be recompleted. Management hopes to expand the play and find a partner [...]
TORONTO, ONTARIO--(Marketwired - May 13, 2014) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or "the Company"), is pleased to report that the Company has filed its annual audited financial statements, MD&A and forms which contain reserves data and other oil and gas information required by National Instrument 51-101. These filings can be found at www.sedar.com. Highlights of Greencastle's financial [...]
TORONTO, ONTARIO--(Marketwired - Mar 28, 2014) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) has acquired 1,000,000 units of Nikos Explorations Ltd. ("Nikos") at a price of 10 cents per unit, with each unit consisting of one share of Nikos and one warrant entitling the holder thereof to purchase one additional share at a price of 15 cents for a period of 24 months. Anthony Roodenburg [...]
TORONTO, ONTARIO--(Marketwired - Feb 19, 2014) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) is pleased to report progress at the 640 acre petroleum and natural gas (P&NG) lease in Section 11, Township 78, Range 07W6 in the Spirit River area of Northwest Alberta (the "lease"). The lease is held jointly by the Company and its 50% joint venture partner, Softrock Minerals Ltd. The farmee [...]
TORONTO, ONTARIO--(Marketwired - Feb 14, 2014) - Greencastle Resources Ltd. (the "Company") (TSX VENTURE:VGN) wishes to announce that, subject to regulatory approval, it will conduct a normal course issuer bid (the "Bid"). The Bid will be for 3,981,805 common shares of the Company over a period of one year (the "Bid Period"), being approximately 8.6% of Company's issued and outstanding common shares, with up to 923,653 [...]
TORONTO, ONTARIO--(Marketwired - Jan 14, 2014) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) is pleased to report progress at the 640 acre petroleum and natural gas (P&NG) lease in Section 11, Township 78, Range 7W6 in the Spirit River area of Northwest Alberta (the "lease"). The lease is held jointly by the Company and its 50% joint venture partner, Softrock Minerals Ltd. The farmee [...]
TORONTO, ONTARIO--(Marketwired - Dec 17, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) is pleased to report that the Company and its 50% joint venture partner, Softrock Minerals Ltd., have jointly farmed out their 100% working interest in their 640 acre petroleum and natural gas (P&NG) lease in the Spirit River area of Northwest Alberta to an operator which is active in the area [...]
TORONTO, ONTARIO--(Marketwired - Oct 24, 2013) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or the "Company") is pleased to report that at the special meeting of holders of common shares of the Company held on October 23, 2013, the shareholders overwhelmingly approved a resolution adopting the shareholder rights plan of the Company and a special resolution reducing the stated capital attributable to the [...]
TORONTO, ONTARIO--(Marketwired - Oct 22, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) is pleased to report that Alberta's Department of Energy has extended the term on the 640-acre petroleum and natural gas (P&NG) lease at Spirit River, NW Alberta, held 50-50 by Greencastle Resources Ltd. and its partner, Softrock Minerals Ltd., to June 11, 2015. Over the past few weeks [...]
TORONTO, ONTARIO--(Marketwired - Sep 16, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) is pleased to announce that the Quebec Bureau de Décision et de Révision has issued a cease-trade order against the unsolicited offer by Zara Resources Inc. ("Zara") to purchase all of the issued and outstanding common shares of Greencastle, Visible Gold Mines Inc. ("Visible") and Altai Resources Inc. ("Altai"). The decision was in response to an application filed on September 6, 2013, by Greencastle, Visible and Altai which cited major irregularities and deficiencies in the unsolicited offer by Zara. Following a hearing held on Wedn... [...]