Greencastle Resources Ltd.

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... [...]

TORONTO, ONTARIO--(Marketwired - Sep 9, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) would like to announce that its board of directors has approved the adoption of a Shareholder Rights Plan ("Rights Plan"). The Rights Plan is not intended to prevent the Zara offer or any other take-over bid. Rather, it is intended to provide Greencastle's board of directors and shareholders [...]

TORONTO, ONTARIO--(Marketwired - Sep 5, 2013) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or the "Company") would like to remind shareholders that they should defer taking any action in respect of the offer from Zara Resources Inc. until shareholders have received further communication from the board of directors of Greencastle. Following a detailed review of the offer by a special committee, Greencastle [...]

TORONTO, ONTARIO--(Marketwired - Aug 29, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) announces that it has retained Laurel Hill Advisory Group, one of Canada's leading shareholder communications firms, to ensure Greencastle shareholders are fully advised with proper information in relation to the announcement by Zara Resources Inc. ("Zara") of its unsolicited offers to acquire all [...]

TORONTO, ONTARIO--(Marketwired - Aug 28, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) is pleased to report that Rainbow Resources Inc. ("Rainbow") has completed a comprehensive review of all available technical data associated with the Jewel Ridge property near Eureka, Nevada. This review resulted in several promising drill targets being identified on the property that Rainbow [...]

TORONTO, ONTARIO--(Marketwired - Aug 22, 2013) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or the "Company"), is pleased to provide the consolidated financial results for the Company for the period ended June 30, 2013 which have now been filed on SEDAR. As of June 30, 2013 total shareholder equity (assets less liabilities) was $5,823,930 ($0.13 / share) versus $6,085,967 ($0.13 / share) at December 31 [...]

TORONTO, ONTARIO--(Marketwired - Aug 19, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) acknowledges the announcement made on August 19, 2013 by Zara Resources Inc. ("Zara") of its intention to make an unsolicited offer to purchase 100% of the issued share capital of Greencastle, Visible Gold Mines Inc. and Altai Resources Inc. As of the date of this news release, the Company has had [...]

Greencastle, is pleased to report that, in return for granting an option extension to Rainbow Resources, Rainbow has agreed to include recently acquired patented claims totalling 35 hectares located within Greencastle's larger Jewel Ridge claim block in Nevada. The claims are along trend in the immediate vicinity of the Hamburg pit, where Rainbow geologists have outlined a minimum 500 metre-long altered zone characterized [...]

Greencastle, through Greencastle's subsidiary Deveron Resources has acquired an additional stake in Boreal Agrominerals, which owns and operates a carbonatite quarry near Sudbury, Ontario. By means of a private placement, Deveron has now increased its interest to 15.5% in Boreal. In connection with the purchase, Greencastle has loaned Deveron $400,000, which bears interest at prime plus two percent (2%) and is due on [...]