Vancouver, British Columbia - Vertical Exploration Inc. announces that it has adopted a shareholder rights plan effective today. The Plan is designed to ensure that the Company's shareholders will be treated fairly in the event of a takeover bid for the Company's common shares, and that the Company's board of directors and shareholders will have adequate time to evaluate any unsolicited takeover bid and, if appropriate [...]
Vancouver, British Columbia - Vertical Exploration Inc. is pleased to announce its first 43-101 mineral resource estimate at its St. Onge Wollastonite project in Quebec. Highlights: High-grade Wollastonite deposit at surface pit constrained resources: 7,155,000 tonnes Measured @ 36.20 % Wollastonite 6,926,000 tonnes Indicated @ 37.04 % Wollastonite 14,081,000 tonnes M&I @ 36.61 % Wollastonite at a cut-off grade of 30 [...]
Vertical Exploration is pleased to provide an update on its resource development program at its St. Onge Wollastonite project in Quebec. The company wants to inform its shareholders that it has obtained clarifications in a formal written opinion from the Ministry of Mines of Quebec legal department regarding its 100% own Wollastonite project. The statement basically says that the Wollastonite project can be considered [...]
Vertical Exploration is pleased to provide an update on its resource development program at its St. Onge Wollastonite project in Quebec. The original database used by the previous owner of the project has been retrieved as it was in professional archives on 31/2 floppy disks of the geological engineer who made the resources at that time. This person is actually the independent QP for our Wollastonite project. All the [...]
Vertical Exploration is pleased to announce that wollastonite (CaSiO3) shipments from the Company’s St. Onge Wollastonite project located in Quebec, Canada have arrived at the BC Bud Depot Strain Development and Medical Testing Facility in Vancouver. Phase one of wollastonite testing commenced January 20th, 2018. BCBD’s ACMPR Licensed Facility features 5,500 square feet of indoor growing space with Phase one testing 190 [...]
Vertical Exploration is pleased to announce the appointment of Mr. Bojan Krasic to its Board of Directors. Mr. Krasic currently serves as a CFO and sits on the Board of Beleave Inc. Mr. Krasic has helped develop various partnerships including legal, financial, and business development spectrums. He was instrumental in assisting Beleave in raising capital and has played an integral role in developing business relationships [...]
Cavan Ventures is pleased to announce that it has completed a 25 tonne bulk sample on its 100% owned St-Onge Wollastonite Project. The 25 tonne sample comes from the main zone and is located inside the historic open pit limit where Historical* combined measured and indicated Mineral Resources were of 45.2 MT at 38.19 % Wollastonite using a 30% cut off. The bulk sample was collected by Magnor Exploration Inc. of Saguenay [...]
Cavan Ventures is pleased to announce the Company has closed the second and final tranche of its previously announced non-brokered flow through private placement issuing 1,885,000 units at a price of $0.10 per Unit for aggregate gross proceeds of $188,500. Total Units issued for the fully subscribed non-brokered flow through private placement were 4,870,000 for total gross proceeds of $487,000. Each Unit is comprised of [...]
Cavan Ventures is pleased to announce the Company has closed a first tranche of its previously announced non-brokered flow through private placement issuing 2,985,000 units at a price of $0.10 per Unit for aggregate gross proceeds of $298,500. Each Unit is comprised of one flow through common share and one half of one non-flow through Share purchase warrant of the Company. Each full Warrant will entitle the holder to [...]
Cavan Ventures is pleased to announce that it has retained Goldminds Geoservices to undertake an NI 43-101 compliant resource estimation and associated technical report for its St-Onge Wollastonite Project, Lac-Saint-Jean. The Goldminds work program will consist with the compilation and computerization of historical information and followed by required reconciliation field work. “Having a 43-101 resource estimation is the [...]
Cavan Ventures announces that the Company has arranged a non-brokered private placement of up to 8,000,000 flow through units at a price of $0.10 per Unit for aggregate gross proceeds of up to $800,000. Each Unit will be comprised of one flow-through common share in the capital of the Company and one half of one non-flow-through share purchase warrant of the Company. Each whole Warrant will entitle the holder to purchase [...]
Vancouver, British Columbia (FSCwire) - Cavan Ventures Inc. ("Cavan" or the "Company") (CVN.H - TSXV) is pleased to announced that it has received approval regarding its previously announced acquisition of the St. Onge Wollastonite Deposit, located in the St-Onge township, in the Saguenay - Lac St. Jean region of Quebec. The acquisition was previously announced in the Company's August 2, 2017 news release, which contains [...]