Nikos Explorations is pleased to announce its intention to carry out a non-brokered private placement offering of approximately 7,400,000 units at a price of CDN$0.20 per Unit for gross proceeds of approximately CDN$1,480,000. Each Unit will consist of one common share of the Company and one warrant entitling the holder thereof to purchase one additional Share at a price of CDN$0.30 for a period of 24 months from closing [...]
Nikos Explorations is pleased to announce that it has signed a LOI with Shawn Ryan to acquire gold properties in Labrador. The LOI gives the Company the option to acquire 100% of the 740 km2 Ashuanipi property in northwest Labrador as well as a right of first refusal for the Nain and Hopedale Greenstone (458 km2) properties in central Labrador. The Ashuanipi gold project is located just 35km from the historical iron ore [...]
VANCOUVER, BC / ACCESSWIRE / March 30, 2017 / Nikos Explorations Ltd. (TSX-V: NIK) (OTC PINK: NKOSF) ("Nikos" or the "Company") is pleased to announce that it has completed its previously announced drill program at the Borden Lake Extension Project near Chapleau, Ontario. Drilling intersected similar rock types as those described by Probe Mines during their drilling at Borden Lake, including biotite gneiss, garnet biotite [...]
VANCOUVER, BC / ACCESSWIRE / March 6, 2017 / Nikos Explorations Ltd. (TSXV: NIK) ("Nikos" or the "Company") is pleased to announce that a crew has arrived on site at its Borden Lake Extension Project near Chapleau, Ont., in preparation for drill mobilization. Drilling is expected to begin before the end of March. The diamond drill program is expected to be a minimum of 1,500 metres and will test chargeability anomalies [...]
VANCOUVER, BC / ACCESSWIRE / February 7, 2017 / Nikos Explorations Ltd. (TSX-V: NIK) (OTC PINK: NKOSF) ("Nikos" or the "Company") is pleased to announce that it has received an exploration permit from the Ministry of Northern Development and Mines for a planned upcoming drill program at its Borden Lake Extension Project near Chapleau, Ontario. Nikos applied for an exploration permit to drill up to 20 diamond drill holes [...]
VANCOUVER, BC / ACCESSWIRE / February 2, 2017 / Nikos Explorations Ltd. (TSX-V: NIK) ("Nikos" or the "Company") is pleased to announce the closing on February 2, 2017 of the second tranche of its non-brokered private placement (the "Private Placement") announced in its news release dated December 2, 2016, raising gross proceeds of $310,000 from the issuance of 3,875,000 units (the "Units") priced at $0.08 per Unit [...]
VANCOUVER, BC / ACCESSWIRE / December 23, 2016 / Nikos Explorations Ltd. (TSX-V: NIK) (OTC PINK: NKOSF) ("Nikos" or the "Company") is pleased to announce the closing on December 23, 2016 of the first tranche of its non-brokered private placement (the "Private Placement"), announced in its news release dated December 2, 2016, raising gross proceeds of $236,550. On December 23, 2016, the Company issued 1,755,000 units (the [...]
VANCOUVER, BC / ACCESSWIRE / December 2, 2016 / Nikos Explorations Ltd. (OTC PINK: NKOSF)(TSX-V: NIK) ("Nikos" or the "Company"), announced today its intention to complete a non-brokered private placement offering (the "Private Placement") of up to 3,750,000 units ("Units") at a price of $0.08 per Unit for gross proceeds of up to $300,000. Each Unit will consist of one common share of the Company ("Share") and one warrant [...]
VANCOUVER, BC / ACCESSWIRE / November 9, 2016 / Nikos Explorations Ltd. (TSXV: NIK) ("Nikos") is pleased to give an exploration update for the Borden Lake Extension Project near Chapleau, Ontario. The company has submitted an application for an exploration permit to carry out a drilling program in the vicinity of a sample containing 48 gold grains found in till (see news release dated March 29, 2016). While waiting for [...]
VANCOUVER, BC / ACCESSWIRE / September 14, 2016 / Nikos Explorations Ltd. (TSXV: NIK) ("Nikos") is pleased to announce the results of an induced polarization (IP) survey recently completed at the Borden Lake Extension Project near Chapleau, Ontario. The IP survey was completed over an area where up to 48 gold grains were found in till samples (see news release dated March 29, 2016). The purpose was to identify [...]
VANCOUVER, BC / ACCESSWIRE / July 18, 2016 / Nikos Explorations Ltd. (TSXV: NIK) ("Nikos") is pleased to announce the results of a soil gas hydrocarbon ("SGH") survey recently completed at its Borden Lake Extension Project near Chapleau, Ontario. The SGH survey was completed over an area where up to 48 gold grains were found in till samples (see news release dated March 29, 2016) in order to identify anomalies that may be [...]
Nikos Explorations is pleased to report that it has closed the first tranche of the private placement offering announced on its news release dated May 16, 2016. The Company raised $132,000 through the sale of 1,650,000 units. The financing was increased in size from an initial estimated 1,250,000 units due to investor demand. Each Unit includes one common share of the Company and one Share-purchase warrant exercisable to [...]
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