Pancontinental Resources announces that it has mailed its management information circular and related materials for the special meeting of the Company's shareholders that will be held on Thursday, Feb 2, 2023 at 10:00 am EDT at 217 Queen Street West, Toronto. During the Meeting, the Company will ask for shareholders to vote for: a name change to Carolina Rush Corporation ; and a proposal to consolidate its common shares [...]
Pancontinental Resources has completed its analysis of the recent Induced Polarization geophysical survey at the Company's flagship Brewer gold and copper project. IP results have been integrated with geological and alteration models to define four primary prospective near surface gold targets and deeper conceptual porphyry copper-gold targets. Pancon President and CEO Layton Croft stated: "Based on this integrated [...]
Pancontinental Resources has completed all field work and has received all data for its 6-square km dipole-dipole induced polarization geophysical survey, covering most of the 1,000-acre Brewer property and a significant portion of its adjacent Jefferson Project properties. The IP survey was designed to cover the large alteration footprint exposed across the Brewer and surrounding Jefferson Project properties. The [...]
Pancontinental Resources announces that, subject to the required approval from the TSXV, the Company intends to extend the expiry date of an aggregate of 22,075,500 common share purchase warrants. 12,750,000 Warrants were originally issued pursuant to a private placement offering of 25,000,000 units in the capital of the Company at a price of $0.12 per unit which closed on September 11, 2022. Each unit was comprised of [...]
Pancontinental Resources has agreed with the Brewer Gold Receiver on a mechanism to extend the term of the Brewer Option Agreement through Dec 31, 2030. Pancon President & CEO Layton Croft stated: "We thank the Receiver, South Carolina's Department of Health and Environmental Control, and the U.S. Environmental Protection Agency for continuing to support Pancon, and for reaffirming their belief in our ability to [...]
Pancontinental Resources entered into an unsecured loan agreement dated April 12, 2022 between the Company and David Petroff, a director of the Company. Pursuant to the Agreement, the Lender granted the Company a loan in the amount of $100,000, bearing interest at $1,000 per month. The full amount of the loan, including the applicable interest, has since been repaid to the Lender. About Pancon Pancontinental Resources[...]
Pancontinental Resources Corp. announced today the closing of the second and final tranche of its previously announced "best efforts" brokered private placement with Red Cloud Securities Inc. and Paradigm Capital Inc. acting as co-lead agents and joint bookrunners. Under the final tranche of the Offering, 4,700,000 units of the Company were sold at a price of C$0.08 per Unit for gross proceeds to the Company of C$376,000 [...]
Pancontinental Resources Corp. is pleased to announce the closing of the first tranche of its previously announced "best efforts" brokered private placement with Red Cloud Securities Inc. and Paradigm Capital Inc. acting as co-lead agents and joint bookrunners. Under the first tranche of the Offering, 15,565,000 units of the Company were sold at a price of C$0.08 per Unit for gross proceeds to the Company of C$1,245,200 [...]
Pancontinental Resources Corp. has entered into an engagement agreement with Red Cloud Securities Inc. and Paradigm Capital Inc. pursuant to which Agents will act as co-lead agents and joint bookrunners to sell up to 37,500,000 units of the Company at a price of C$0.08 per Unit for gross proceeds to the Company of up to C$3,000,000 . Pancon President & CEO, Layton Croft, stated: "Our recently announced no-cost extension [...]
Pancontinental Resources Corp. announces that the Company has agreed with the Brewer Gold Receiver to extend the term of the Brewer Option Agreement through December 31, 2024 on a no-cost basis. Pancon President & CEO Layton Croft stated: "Pancon is grateful to the Receiver and relevant government agencies for granting us more time to explore our flagship Brewer Gold & Copper Project. We now have more than 33 months to [...]
Pancontinental Resources Corp. is excited to report on its recent work updating its geological compilation and discovery model for its flagship Brewer Gold & Copper Project in South Carolina, USA. Gold was first discovered at Brewer in the 1820s, and 178,000 ounces of near-surface oxide gold was produced from 1987-1995. Pancon is the first company to systematically explore for gold-copper below Brewer's shallow oxide zone [...]
Pancontinental Resources Corp. announces it has received the final payment in the amount of $200,000 from Voltage Metals Inc. pursuant to a purchase agreement dated June 20, 2020 as amended March 1, 2021, between the Company and Voltage, whereby the Company granted Voltage an option to acquire 100% of the Company's four mineral projects, St. Laurent, Montcalm, Nova and Gambler, located in Ontario, Canada . The Company [...]
+800,00 %
-75,00 %
