Brunswick Exploration Inc. is pleased to announce non-brokered private placements of up to $2.64 million, consisting of 5,000,000 units of the Corporation at a price of $0.22 per Unit, for gross proceeds of up to $1.1 million and 7,000,000 Canadian flow-through shares of the Corporation , at a price of $0.22 per FT Share, for gross proceeds of up to $1.54 million . Each Unit will consist of one common share of the [...]
Brunswick Exploration Inc. is pleased to announce that the Board of Directors has appointed Robert Wares, currently Chairman, as Chief Executive Officer of the Company, and Killian Charles as President of the Company. Mr. Charles currently works for Osisko Metals Inc., a zinc development company, and worked previously worked for Integra Gold Inc., a gold development company. Mr. Charles also worked as a mining analyst for [...]
Brunswick Exploration Inc. is pleased to announce that is has acquired a district-scale gold-silver property, totaling 37,260 hectares , in southern New Brunswick, collectively known as the Fundy Gold Project . The newly acquired terrain is located West of the City of Saint John and covers 40 kilometres of strike length of the Fundy Shear Zone, a regional, deep-rooted, sparsely-explored Appalachian fault system. The Fundy [...]
Brunswick Exploration Inc. formerly Komet Resources Inc. is pleased to announce that the TSX Venture Exchange has approved a change in the Company’s stock symbol trading on the TSXV. Effective as of this morning, Tuesday, October 6, 2020, the Company’s common shares trade on the TSXV under the symbol “BRW” . The previous trading symbol was “KMT”. There is no action required by current shareholders in connection with this [...]
Brunswick Exploration Inc., formerly Komet Resources Inc. is pleased to announce that it has closed its previously announced non-brokered private placements for aggregate gross proceeds of $3.325 million, consisting of the issuance of 12,500,000 units of the Corporation at a price of $0.13 per Unit, for gross proceeds of $1.625 million and 10,000,000 flow-through shares of the Corporation , at a price of $0.17 per FT [...]
Komet Resources Inc. is pleased to announce that it has granted options under the Corporation’s Stock Option Plan. A total of 2,400,000 Options to purchase common share of the Corporation were granted to directors and members of senior management of the Corporation at an exercise price of $0.21 per Common Share. The Options will vest in equal quarters on each anniversary of this grant in the first four years and are [...]
Komet Resources Inc. is pleased to announce the results of its annual meeting of shareholders held on September 15, 2020. Mr. Robert Wares, Chairman and interim President of Komet, commented: “The Corporation obtained outstanding shareholder support for all tabled items, including name change to Brunswick Exploration, and we are very happy to welcome Ms. Amy Satov and Mr. Jeff Hussey to the Board of Directors. A new [...]
Komet Resources Inc. is pleased to announce non-brokered private placements of up to $3.33 million, consisting of 12,500,000 units of the Corporation at a price of $0.13 per Unit, for gross proceeds of up to $1.63 million and 10,000,000 flow-through shares of the Corporation , at a price of $0.17 per FT Share, for gross proceeds of up to $1.7 million . Each Unit will consist of one common share of the Corporation and [...]
Komet Resources Inc. is pleased to announce it has acquired, through map staking, the Waconichi base metal property, located 40 km northeast of the mining town of Chibougamau in the northern part of the Abitibi greenstone belt, Eeyou Istchee, Quebec. The property comprises 260 map-staked claims covering a surface area of 14,297 hectares and is accessible by an all-season bush road from Chibougamau. The property was [...]
Komet Resources Inc. and Osisko Metals Inc. are pleased to announce that they have entered into an Option Agreement whereby Komet can acquire a majority interest in Osisko Metals’ Brunswick Belt exploration property , located in the eastern portion of the Bathurst Mining Camp in the Bathurst area in New Brunswick . The Property covers 72 kilometres of the prolific Brunswick Belt and includes the Key Anacon and Gilmour [...]
Komet Resources Inc. announces today that its board of directors has approved the settlement of $2,556,718 of debts through the issuance of common shares of the Corporation . Pursuant to the Debt Settlement, the Corporation would issue 21,305,983 common shares at a deemed price of $0.12 per share to a creditor, which is a director and an officer of the Corporation. The Corporation has currently no liquidities to repay [...]
Further to its news release dated May 15, 2020 announcing the entering into of a binding letter of intent, Komet Resources Inc. is pleased to announce that it has closed, on July 2, 2020 its previously announced transaction relating to the sale of all of the issued and outstanding shares of its wholly owned subsidiary Komet Mali SARL , which owns the Dabia Sud project, to RosCan Gold Corp. . The disposition price was CAD [...]