Affinity Metals Corp. ") is pleased to announce that it has commenced the 2020 field exploration program at its flagship Regal Project encompassing 8,800 hectares of the northern end of the prolific Kootenay Arc approximately 25 km northeast of Revelstoke, British Columbia, Canada. The exploration program will focus on several key areas of the property and will consist of further geological mapping and associated [...]
Affinity Metals Corp. announces that it has completed the closing of its over-subscribed non-brokered $0.45/flow-through unit private placement previously announced on August 4, 2020, and has issued 1,022,229 flow-through units for gross proceeds of $460,003.05. In connection with this private placement, the Company paid finder's fees totaling $28,000 cash and 62,222 compensation warrants, with each warrant being [...]
Affinity Metals Corp. announces that it proposes to undertake a non-brokered private placement of flow-through units for gross proceeds of up to $400,000.05 . Each FT Units will be sold at a price of $0.45 per FT Unit and will be comprised of one flow-through common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder thereof to purchase one non-flow-through common share for a [...]
Affinity Metals Corp. announces that it has completed the closing of its $0.20/unit non-brokered private placement previously announced on June 26, 2020 and has issued 3,750,000 units for gross proceeds of $750,000. Affinity also completed the closing of its over-subscribed $0.22/unit non-brokered private placement previously announced on June 30, 2020 and has issued 4,605,137 units for gross proceeds of $1,013,130.14. No [...]
Affinity Metals Corp. announces that as a result of a review by the British Columbia Securities Commission, the Corporation is issuing this news release to clarify certain information previously disclosed in news releases and corporate presentation material. Regal Mine Disclosure The Corporation previously disclosed historical estimates for the Regal Mine located on its Regal Property on its corporate website, in its [...]
Affinity Metals Corp. today announced that due to strong investor demand, in addition to the previous private placement announced on June 26th, it will be offering an additional non-brokered private placement of up to 4,545,455 units at a price of $0.22 per Unit for gross proceeds of $1,000,000 if the Offering is fully subscribed. Each Unit consists of one common share of the Corporation and one non-transferrable Common [...]
Affinity Metals Corp. today announced that it will be offering on a non-brokered private placement basis up to 3,750,000 units at a price of $0.20 per Unit for proceeds of $750,000 if the Offering is fully subscribed. Each Unit consists of one common share of the Corporation and one non-transferrable Common Share purchase warrant . Each Warrant may be exercised for one additional Common Share at a price of $0.35 for a [...]
Affinity Metals Corp. is pleased to report that it has acquired, through staking, five new mineral properties. Four of the properties are located near Timmins, Ontario, Canada and the fifth is located near Revelstoke, British Columbia, Canada. The Corporation is currently acquiring more detailed information and history on the properties and provided they continue to be seen as properties of merit will provide further [...]
Affinity Metals Corp. is pleased to report that it has now completed drilling the first hole on the West Timmins property located approximately 29 km southwest of Timmins, Ontario, Canada. The hole was drilled to a depth of 525 meters. Core logging and sampling will commence shortly and samples will then be submitted for analysis. The property package consists of 20 mineral tenures spanning 429 hectares. The property [...]
Affinity Metals Corp. has re-priced the 1,000,000 options granted on May 21, 2020 to certain Directors, Officers, Contractors and Advisors of the Corporation. The options now have a deemed price of $0.19. All other terms of the options remain the same. The granting of options is subject to approval by the TSX Venture Exchange. About Affinity Affinity is focused on the acquisition, exploration and development of strategic [...]
Affinity Metals Corp. is pleased to report that it has entered into an option agreement with an arm's length third party to acquire up to a 90% interest in the West Timmins Gold property located approximately 29 km southwest of Timmins, Ontario, Canada. The property package consists of 20 mineral tenures spanning 429 hectares. The property directly adjoins to the west and along geological strike to the Melkior Carscallen [...]
Affinity Metals Corp. congratulates Advisor Ronni Stoerferle regarding the upcoming much anticipated May 27th publication of the 2020 edition of the "In Gold We Trust" report. The "In Gold We Trust" report is the preeminent research report for the gold industry as it relates to the state of the global economy in general. The 2020 edition will be in excess of 350 pages of all things gold . The Wall Street Journal has [...]