Fjordland Exploration Inc. is pleased to announce that it has entered into a binding Letter of Intent with Vulcan Minerals Inc. to acquire a 100% working interest in 30 mineral claims located in the South Voisey's Bay area, Labrador. Under the terms of the agreement, Fjordland has the option to pay Vulcan 1,350,000 common shares, $70,000 cash and incur $250,000 in exploration expenditures over a period of three years, of [...]
Fjordland Exploration Inc. is pleased to announce the following update on the Renzy nickel copper project located north of Maniwaki Quebec. In April 2021, Fjordland initiated a VTEM airborne geophysical survey over the claim group. The preliminary results identified several conductive anomalies in and around the historic Renzy mine before the survey was temporarily suspended during moose calving season. These initial [...]
Fjordland Exploration Inc. The board of directors of Fjordland reports it has granted 1,025,000 incentive stock options to directors, officers and contractors of the Company under its stock option plan, in accordance with the Company's compensation policy. The options are exercisable for five years at a price of $0.125 per share and are subject to the policies of the TSX Venture Exchange. About Fjordland Exploration Inc [...]
Fjordland Exploration Inc. is pleased to announce that at it's Annual General Meeting today, Fjordland Shareholders elected its recommended slate of directors including new appointee, John Sheedy. John was elected in place of Richard Atkinson who has retired after serving on the board since the company's inception 25 years ago. Richard has agreed to remain an Advisor to the Company for the foreseeable future. John brings [...]
Fjordland Exploration Inc. is pleased to announce that it has initiated a ground field EM program on the Renzy Nickel-Copper project located near Maniwaki Quebec. A ground-based EM survey is being conducted on 4 zones as a follow up to the VTEM survey initiated in the spring. While the VTEM survey was suspended until the middle of August, it did generate a number of discrete EM anomalies immediately adjacent to the [...]
Fjordland Exploration Inc. is pleased to announce that it has entered into an investor relations agreement with MI3 Communications Financieres Inc. . The Agreement is for an initial term of six months renewable on an annual or semi-annual basis and may be terminated upon 30 days' written notice by either party. In consideration for the services of MI3, the Company has agreed to pay a fee of $3,000 per month. Pursuant to [...]
Fjordland Exploration Inc. is pleased to announce the appointment of Mr. Mark T. Brown as Chief Financial Officer of the Company. Mr. Mark T. Brown, B.Comm., CPA, C.A., is the President of Pacific Opportunity Capital Ltd., located in Vancouver, British Columbia. Mr. Brown has played key roles in the success of several companies listed on the TSX-V, the TSX and the NYSE Market Exchanges. His corporate focus is merger and [...]
Fjordland Exploration Inc. announces that upon the request of the Kitigan Zibi Anishinabeg Band Council and the recommendation of the KZA Moose Advisory Committee, Fjordland has agreed to suspend the VTEM helicopter survey in order to help protect the fragile moose population in the area. The KZA has agreed that the survey can recommence on or after August 15, 2021. Fjordland recognizes that this is a very sensitive issue [...]
Fjordland Exploration Inc. is pleased to announce that it has contracted Geotech Airborne Geophysical Surveys to conduct a VTEM Max and Groundfloor EM survey over the Renzy claims group. In conjunction with the survey, Fjordland recently staked an additional 255 claims to increase the total project area to approximately 235 square kilometres. Equipment is currently being delivered to site and the survey is expected to [...]
Fjordland Exploration Inc. announces that it has completed the non-brokered private placement announced on January 25, 2021. The Company raised a total of $2.5 million and issued 25 million units at a price of $0.10 per Unit. Finder's fees of 6% were paid as follows: $900 to Canaccord Genuity Corp.; $18,000 and 171,000 finder's units to Haywood Securities Inc.; $8,850 to PI Financial Corp. Each Unit and each Finder's Unit [...]
Fjordland Exploration Inc. announces that it has arranged to raise up to $2 million through a non-brokered private placement consisting of up to 20 million units at a price of $0.10 per Unit. The Private Placement is subject to TSX Venture Exchange approval and all securities will be subject to a four month hold period. The Company reserves the right to increase the Private Placement by an additional 5 million Units, at [...]
Fjordland Exploration Inc. is pleased to announce that Mr. Mark Gibson has agreed to join its board of directors as HPX's appointee. HPX currently owns 29% of Fjordland, and has the right to two board seats. Mr. Gibson serves as the Chief Operating Officer of High Power Exploration , a privately owned US corporation led by CEO, Robert Friedland. In 2011, Mark was the founding CEO of HPX tasked with the job of [...]