Rupert Resources Ltd. provides an exploration update following the closure of its CAD7.4 million financing on November 30, 2018. Rupert has recommenced diamond drilling, targeting near-surface extensions to known mineralisation at the fully-permitted Pahtavaara mine and mill in the Central Lapland Greenstone Belt of Northern Finland. Rupert is also progressing its base-of-till drilling programme with two rigs focussed on [...]
Rupert Resources Ltd. is pleased to announce that it has now closed its previously announced non-brokered private placement and has issued 9,249,000 common shares of the Company at a price of $0.80 per Common Share for gross proceeds of $7,399,200 . The Company intends to use the proceeds from the Private Placement for its continued exploration program of the Pahtavaara project and general corporate purposes. The [...]
Rupert Resources Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to 10,000,000 common shares of the Company at a price of $0.80 per Common Share for gross proceeds of up to $8,000,000 . The Private Placement is subject to the approval of the TSX Venture Exchange. The securities issued in connection with the Private Placement will be subject to a four month hold period, in [...]
Rupert Resources Ltd. is pleased to provide an update on exploration activities at the Pahtavaara gold project in the Central Lapland Greenstone Belt of Northern Finland. Pahtavaara project licence area highlighting key exploration targets. Paskamaa East BOT anomalies in comparison to historic Pahtavaara anomaly. Plan view of the Pahtavaara deposit showing highlighted infill core and underground channel sampling results [...]
Rupert Resources Ltd. announces results for the second quarter ending August 31, 2018 and provides operating highlights for the period at the Company’s projects in Finland. During the six months ended August 31, 2018, the Company spent $2,894,015 on exploration and evaluation activities. As at August 31, 2018, the Company had cash and cash equivalents of $3,720,820. James Withall, Chief Executive of Rupert [...]
Rupert Resources Ltd. reports drill results from its 2018 drilling campaign at its Hirsikangas Project, a Palaeoproterozoic orogenic gold deposit located on a 30km crustal scale shear zone in Central Finland . The mineral deposit comprising the Hirsikangas Project is contained within 1.2km of strike length and drilled at shallow levels with the deposit outcropping at surface. The drilling reported today confirms the [...]
Rupert Resources Ltd. announces that materials relating to its forthcoming Annual General and Special Meeting of Shareholders , including as appropriate, the Notice and Information Circular , have been mailed as required to registered holders of shares by the Company’s agent. By way of correction of the Circular, the Record Date for the purposes of the AGM is August 7, 2018. The Circular is available to download on [...]
TORONTO, Aug. 01, 2018 -- Rupert Resources Ltd. announces the issue of options to acquire shares in the Company in accordance with the Company’s Stock Option Plan dated August 6, 2010 . The Company granted a total of 2,625,000 options to certain directors, officers and employees of the Company. The options were granted on August 1, 2018 with an exercise price of $1.00 per share. The options are exercisable for a [...]
TORONTO, July 30, 2018 -- Rupert Resources Ltd. reports an updated regional geology interpretation for the Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland . The Pahtavaara Project comprises a permitted 1,400tpd mill, 35km of underground infrastructure and a contiguous regional land package of 290km2. Extract from regional study prepared by Dr. Brett Davis, consulting structural geologist to [...]
TORONTO, July 27, 2018 -- Rupert Resources Ltd. announces its results for the first quarter ending May 31, 2018 and provides an update on exploration and development at its permitted Pahtavaara gold project in the Central Lapland Greenstone Belt of Northern Finland. During the three months ended May 31, 2018, the Company spent $896,010 on exploration activities at Pahtavaara. As at May 31, 2018, the Company had cash and [...]
TORONTO, June 25, 2018 -- Rupert Resources Ltd. announces the retirement of Brian Hinchcliffe as Executive Chairman and the appointment of Gunnar Nilsson as Non Executive Chairman. Brian Hinchcliffe has stepped aside to focus on other business interests but will continue to act as an advisor to the Company. Brian Hinchcliffe, outgoing Executive Chairman of the Company said, “Northern Finland has emerged in the last [...]
TORONTO, June 06, 2018 -- Rupert Resources Ltd. announces that it has published its audited financial results for the twelve months ending February 28, 2018 and accompanying Managements Discussion and Analysis for the same period. Both of the above have been posted on the Company’s website www.rupertresources.com and on SEDAR at www.sedar.com. During the 12 months ending February 28, 2018, the Company spent [...]
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