MinKap Resources Inc. is pleased to announce that further to its news release of September 15, 2020, the Company has completed the previously announced non-brokered private placement through the issuance of an aggregate of 9,999,998 of the Company at a price of $0.075 per Unit for gross proceeds of $749,999.85. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant [...]
MinKap Resources Inc. , is pleased to announce that at the close of business on September 17, 2020, the TSX Venture issued a Final Exchange Bulletin announcing its final approval of the previously announced acquisition of the Breccia Gold property and the Lightning Tree property, both of which are located in Lemhi County, Idaho, USA . The common shares in the capital of the Company were previously halted on February 4 [...]
MinKap Resources Inc. is pleased to announce that further to its press release of July 6, 2020, the Company has received final approval of the TSX Venture Exchange in respect of the proposed acquisition of the Breccia Gold property and the contiguous Lightning Tree property, both of which are located in Lemhi County. The Transaction is being carried out in accordance with the terms of an arm's-length definitive mineral [...]
MinKap Resources Inc. is pleased to announce that it has entered into a non-binding arm's length letter of intent dated July 2, 2020 with Canarc Resource Corp. relating to the proposed acquisition of an option to acquire a 100% undivided interest in the Lightning Tree property from Canarc. The Company has concurrently entered into a non-binding arm's length letter of intent dated July 2, 2020 with DG Resource Management [...]
MinKap Resources Inc. is pleased to announce the appointment of Mr. Jon Bey to the board of directors of the Company, to take effect immediately. Mr. Bey is the current President, CEO and Chair of Standard Uranium Ltd., the CEO and Director of Maz Mining Corp., and the President, CEO, and Director of Steel Rose Communications Ltd. and Steel Rose Capital Ltd. He has 15 years of capital markets experience and has been a [...]
MinKap Resources Inc. announces that, further to its press release of February 18, 2020, the non-binding letter of intent dated February 3, 2020, between the Company and DG Resource Management Ltd. has been terminated by the Company in accordance with the provisions of the LOI. The Company remains open to further negotiation of revised terms with DG in respect of the Breccia Gold Property in response to current market [...]
MinKap Resources Inc. announces that, further to its press release of February 18, 2020, it has received conditional approval from the TSX Venture Exchange with respect to the non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.075 per Unit for aggregate proceeds of up to $750,000 . Each Unit will be comprised of one common share and one Common Share purchase warrant . Each Warrant [...]
MinKap Resources Inc. is pleased to announce that it has entered into an arm's-length non-binding letter of intent dated February 3, 2020 with DG Resource Management Ltd. . The LOI sets out the terms of a proposed transaction pursuant to which the Company will acquire a 100% undivided interest in the Breccia Gold Property located in Idaho, USA . The Property The Property is located approximately 40 km southwest of Salmon [...]
Ubique Minerals Ltd. announces that it has issued 500,000 common shares and completed its milestone payment to MinKap Resources Inc. pursuant to its option agreement which provides for MinKap granting Ubique an option to earn a 55% or greater interest in MinKap's Daniel's Harbour property in western Newfoundland, which comprises 42 claim units covering an aggregate of 1,326 hectares, adjacent to Ubique's Daniel's Harbour [...]
MinKap Resources Inc. , announces the resignation of Mr. James Fairbairn as a Director of the Company, effective immediately. The Company wishes to thank Mr. Fairbairn for his valuable contribution to the Company and wishes him every success in his future endeavours. The Company is also pleased to announce the appointment of Mr. Errin Kimball to the Board of Directors. Mr. Kimball is an exploration geologist with over 25 [...]
MinKap Resources Inc. and Ubique Minerals Limited announce that they have agreed to modify the terms of the previously announced option agreement for the Daniel's Harbour property located in Newfoundland with respect to the timing of certain work and payment commitments. The Option Agreement has been revised as per the table below: Date/Period Amounts Payable Shares Expenditure On signing of this Agreement, which date [...]
MinKap Resources Inc. , announces it has received assay results from the first three diamond drill holes drilled by joint venture partner Ubique Minerals Limited at the Daniel's Harbour Zinc Property, Newfoundland. The holes were drilled into targets on the KAP option property and were targeted to duplicate intersections by historic holes into three zones of mineralization. All intersected zinc mineralization as [...]