September 21st, 2021, Nippon Dragon Resources Inc. , Nippon is extremely pleased to announce the nomination of Mr. Michel Fontaine to its Board of Directors. Mr. Fontaine was Vice-President of Diagnos from 2005 to 2017, director of Metanor Resources Inc. from 2014 to 2018, director of Majescor Resources Inc. from 2015 to 2017 and currently a director of Puma Exploration since 2020. He also held the position of Founder [...]
Nippon Dragon is pleased to announce that it has signed a project acquisition agreement dated August 30, 2021 with Orminex Limited for the acquisition by Orminex of Nippon Dragon's interest in the Rocmec 1 and Denain projects . In consideration for the sale of the Projects, Orminex will pay a cash consideration of CAD$5,000,000 , payable in three installments over the course of one year with CAD$2,000,000 payable on [...]
Nippon Dragon Resources Inc. is extremely pleased to welcome Mr. Kensaku KunJak Onoda-Song to its Board of Directors. Mr. Onoda-Song has extensive experience in international business working with clients and partners around the globe as a successful consultant and advisor and board member of several businesses. Over the past 5 years he assisted the Company in business development and investor relations and has also acted [...]
Nippon Dragon Resources's Management and Board of Directors announces that while the company is pursuing various funding options, and in order to preserve cash on hand, it has been decided to temporarily suspend its exploration activities at Rocmec 1. Over the past months Nippon conducted grassroots exploration to determine the existence, location, extent or quality of mineral resources at Rocmec 1. Additionally during [...]
Nippon Dragon Resources Inc. is pleased to report that in 2021 the company has begun transforming its flagship gold property Rocmec 1 into a dynamic mine through investments in exploration, development, infrastructure and equipment. Below are some highlights of recent accomplishments: --In January 2021 Nippon produced 1,000 tonnes of mineralised material. With the implementation of strict grade control procedures, the [...]
Nippon Dragon Resources Inc. reports that Mr. Donald Brisebois has initiated a lawsuit against Nippon Dragon Resources for wrongful dismissal and unpaid wages. He is also demanding that the Court issue a sublicense to him allowing him to use a technology which he claims was developed by him in the early 2000s. Nippon Dragon denies the merits of the demands and allegations of Mr. Brisebois. About Nippon Nippon is active in [...]
Nippon Dragon Resources Inc. announces that subsequent to the resignation of board member Mr. Donald Brisebois, Nippon is extremely pleased to welcome Mr. Frank Guillemette to its Board of Directors. Mr. Guillemette is an entrepreneur specializing in business finance and venture capital with over 20 years’ experience. Mr. Guillemette launched his career as an employee of Fonds Régional de Solidarité Nord-du-Québec where [...]
Nippon Dragon Resources Inc. is pleased to announce that further to its press releases dated December 18, 2019 and December 23, 2020, it has closed the final tranche of its previously announced non-brokered private placement. Pursuant to this final closing, the Company raised a total of $325,000 from the issuance of 4,500,000 FT Units of the Company at a price of $0.05 per Unit and 2,000,000 HD units of the Company at a [...]
Nippon Dragon Resources announces that it closed the first tranche of its previously announced non-brokered private placement through the issuance of 7,140,000 Hard Dollar Units at the price of 0.05 per Unit and 24,840,000 Flow-Through Units at the price of 0.05 per FT Unit for the total of gross proceeds of $1,599,000.00. Each HD Unit is comprised of one common share of the Company and one common share purchase warrant [...]
Nippon Dragon Resources Inc. is pleased announce that Nippon Dragon Resources Inc. and Material Japan Inc. have reached an agreement to amend their Joint-Venture Agreement . Reference is made to the JV entered into by the Parties dated March 15th, 2019 as amended on August 1st, 2019 and together with the JV. The Parties have agreed to proceed with a second Amendment to the Amended JV Agreement subject to the following [...]
Nippon Dragon Resources Inc. is pleased announce that current independent board member Mr. Nikola Vukovic has been appointed Chief Operating Officer, a new position within Nippon. Effective immediately, Mr. Vukovic will assume all operational responsibilities for Nippon’s flagship gold property Rocmec 1. With 30 years in the mining industry, Mr. Vukovic has extensive global experience in a range of mining functions [...]
Nippon Dragon Resources's Board of Directors announces the departure of the company's President & CEO Mr. Donald Brisebois, effective immediately. The Board thanks Mr. Brisebois for his services and wishes him well in his future endeavours. The Board also announces that it has nominated Mr. Jean-Yves Therien as interim President & CEO. About Nippon Nippon is active in the exploration and the development of gold resources [...]
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