Carolina Rush Corp. is pleased to announce that it has closed a "best efforts" brokered private placement with Paradigm Capital Inc. , acting as agent, through the issuance of 666,700 units of the Company at a price of $0.15 per Unit for gross proceeds of $100,005. In addition, the Company has closed the concurrent non-brokered private placement through the issuance of 14,238,236 Unit at a price of $0.15 per Unit for [...]
Carolina Rush Corp. announces that it has entered into an engagement agreement with Paradigm Capital Inc. pursuant to which Agent will act as agent to sell up to 1,333,400 units of the Company at a price of $0.15 per Unit for gross proceeds to the Company of up to C$200,010 . In addition, the Company announces that further to its press release of June 19, 2023, the Company has applied to the TSX Venture Exchange for an [...]
Carolina Rush Corp. is pleased to report that it successfully held its annual and special shareholder meeting on June 19, 2023 , which marked the last day of service on the Board of Directors for two long-term directors, advisors, shareholders and tireless supporters of the Company: Mr. Laurence Curtis, PhD, and Mr. David Mosher. Outgoing independent chairman Mosher, together with previous independent chairman Mr. Don [...]
Carolina Rush Corp. announces a non-brokered private placement offering of a minimum of 13,333,334 units in the capital of the Company to a maximum of up to 20,000,000 Units at a price of $0.15 per Unit for gross proceeds of a minimum of $2,000,000 up to a maximum of $3,000,000 . Carolina Rush Senior Technical Advisor Keith Laskowki, MSc, QP, stated: "Over the last year the Technical Team has put together all of the [...]
Carolina Rush Corp. announced that it has engaged Red Cloud Securities Inc. to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under the agreement, RCSI will receive a fee of C$5,000 plus applicable taxes per month. The initial term of the agreement is three months from the date of execution with an option to renew on a monthly [...]
Carolina Rush Corp. announces that it has issued a non-arm's length creditor of the Company an unsecured non-interest bearing promissory note in the principal amount of $35,000. The Note is payable on demand of the Lender, upon earlier of: the Company completed a private placement of at least $500,000; and October 26, 2023. In addition, on February 16, 2023, the Company's wholly owned subsidiary, Pancon Resources [...]
Carolina Rush Corp. announced that, further to its press release of April 6, 2023 it has settled an aggregate of CDN$56,986.49 of indebtedness owed to an arm's length creditor of the Company through the issuance of an aggregate of 189,955 common shares of the Company at a deemed price of $0.30 per Common Share . All securities issued in connection with the Debt Settlement are subject to a statutory hold period of four [...]
Carolina Rush Corp. has agreed to settle an aggregate of CDN$56,986.49 of indebtedness owed to an arm's length creditor of the Company through the issuance of an aggregate of 189,955 common shares of the Company at a deemed price of $0.30 per Common Share . The Debt Settlement remains subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange. All securities [...]
Pancontinental Resources announces that it has received approval from the TSXV to change the Company's name to "Carolina Rush Corporation" and to consolidate the Company's outstanding common shares on the basis of one new common share for every ten existing common shares. The Company's new stock symbol on the TSXV will be "RUSH" and the Company expects its shares will commence trading under the new name and the new ticker [...]
Pancontinental Resources announces that, at its special meeting of its shareholders held on February 2, 2023, Pancon's shareholders overwhelmingly approved the Company's proposals to: consolidate the issued and outstanding common shares of the Company on the basis of one post-Consolidation Common Share for every ten pre-Consolidation Common Share; and to change the name of the Company to Carolina Rush Corporation . At the [...]
Pancontinental Resources has entered into an exploration lease and purchase option agreement with the owner of Carolina Mining Company for the historic Sawyer Gold Mine Property, a past-producing gold mine. The 54.6 hectare property is located 5.0 km southwest along trend from the Company's recently announced New Sawyer mine acquisition. Mineralization style and host rocks are similar at both Sawyer and New Sawyer [...]
Pancontinental Resources has entered into an exploration lease and purchase option agreement for the New Sawyer Gold Mine Property. The property is privately owned, containing both surface and mineral rights, and covers 246.6 ha. The property contains the historic New Sawyer Gold Mine which includes 12 identified vertical shafts. The property lies within the Sawyer-Keystone Gold Trend, a >20 km long [...]