Nippon Dragon Resources is extremely pleased to announce the creation of a joint-venture partnership agreement with an American company, Val d'Or Resources Corporation. Management personnel of Val d'Or Resources Corporation have recently completed their due diligence by an on-site visit of both properties owned by Nippon, Denain and Rocmec 1. They also have firsthand knowledge of Nippon's exclusive and patented thermal [...]
Nippon Dragon Resources announces that it has issued 1,520,396 common shares of the Company priced at $0.07 as interest payments on outstanding debentures as approved by the TSX Venture Exchange May 10, 2012 and announced by press release. The amount of interest totals $106,427.69 and represents accumulated interest at March 31st, 2017. The above mentioned common shares will be subject to a restricted period on resale of [...]
Nippon Dragon Resources is pleased to announce that its distributor in South Africa has just signed a thermal fragmentation agreement with a mining company. This agreement will allow MaXem to manufacture a second thermal unit that will be sold to its customer as well as the first unit built more than 2 years ago. MaXem will focus its work mainly on training and technical support with his client. "I am very pleased with [...]
Nippon Dragon Resources is pleased to announce that the commissioning phase has begun of its 75 tonne per day treatment plant in Arizona. To date, all the equipment has been checked, adjusted and/or replaced. Currently, we estimate that we generate more concentrate per tonne milled than our laboratory studies, which is positive. The goal is to achieve a recovery rate of 90%. Nippon's management and its customer Horseshoe [...]
Nippon Dragon Resources is pleased to provide summary information regarding its Thermal Fragmentation activities in Australia with its distributor SAFESCAPE. Thermal fragmentation activities in Australia has consisted of two trials, one of which was conducted at narrow gold vein mine located in Victoria in order to evaluate several key points of the equipment and process, including but not limited to its efficiency and [...]
Nippon Dragon Resources is pleased to announce that it has entered into a loan agreement for a short term financing of $100,000.00 with 9071-8776 Quebec inc. The loan is in the form of a one-year unsecured and non-convertible loan, bearing interest at ten percent (10%) per annum. Interest totalling $10,000.00 is payable in advance upon signing the loan agreement. At any time during the term and at its sole option, the [...]
Nippon Dragon Resources is pleased to announce that it has signed an agreement with Diagnos, a leader in applying Artificial Intelligence in data mining technical services, for use of its CARDS softwar to generate mining targets on Nippon's Rocmec 1 and Denain properties. This powerful exploration tool will make it possible to compile all the data with those of neighboring regions to produce precise exploration targets [...]
Nippon Dragon Resources is pleased to announce that it has obtained an independent report following a test on a mine site located in the Abitibi region of Quebec, Canada last September. The report, carried out by the firm Technologies and Services OXX, an energy efficiency company very active in the mining sector. The primary objective was to demonstrate that the thermal fragmentation mining method could replace other [...]
Nippon Dragon Resources is pleased to announce the closing of a non-brokered private placement. The placement is for 4,572,400 units of the Corporation at a price of $0.075 per unit, for aggregate gross proceeds of $342,930.00. Each unit consists of one common share in the share capital of the Corporation and one warrant of the Corporation (a "Warrant"). Each warrant entitles the holder thereof to purchase one additional [...]
Nippon Dragon Resources is pleased to announce that it has reached a settlement with Desjardins-Innovatech for the repayment of an outstanding debenture totalling $249,995.00 plus accrued interest of $42,829.41 as of November 30th, 2016. The settlement includes a cash payment of $125,000.00 and the remaining balance of $124,995.00 plus accrued interest of $42,829.41 through the issuance of 2,397,490 common shares of the [...]
Nippon Dragon Resources is pleased to announce the closing of a non-brokered private placement. The placement is for 3,333,334 units of the Corporation at a price of $0.075 per unit, for aggregate gross proceeds of $250,000.00. Each unit consists of one common share in the share capital of the Corporation and one warrant of the Corporation. Each warrant entitles the holder thereof to purchase one additional common share [...]
On July 8, 2016, Material Japan Co., Ltd., a company wholly owned by Mr. Arihito Nishimura, acquired all of the issued and outstanding shares of 8431469 Canada Inc. As a result of the Transaction, Mr. Nishimura acquired indirect beneficial ownership of the 16,549,233 common shares (the "Nippon Shares") of Nippon Dragon Resources Inc. (the "Issuer") held by 8431469 Canada Inc., representing an acquisition of 13.54% of the [...]
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