Carube Copper Corp. announces that pursuant to the Company's stock option plan approved by shareholders at its Annual General and Special Meeting held on May 24, 2018, a total of four million incentive stock options have been granted to its President and Chief Executive Officer, Mr. Stephen Hughes. Mr. Hughes was appointed to the position on August 1, 2018 and the board approved a grant of the options subject to terms [...]
Carube Copper Corp. is pleased to report high grade gold assays from soil and rock chip sampling at the Company's 100% owned Main Ridge Project in Jamaica. The Company is undertaking a mapping and sampling program to follow up results of exploration conducted by BHP in the early 1990's which subsequently lead to development of a small open pit gold mine at the Pennants deposit by AusJam Mining Ltd . Highlights of the [...]
Carube Copper Corp. wishes to advise that is has received notice from Tigers Realm Metals , its second largest shareholder, that as part of a winding up process of that company, TRM intends to undertake an in-specie distribution of its 6.6% shareholding in Carube Copper to individual shareholders of TRM and/or complete a partial sale of its shareholding in Carube, to third parties. TRM anticipates that these transactions [...]
Carube Copper Corp. is pleased to announce it has appointed Stephen Hughes to the position of President and Chief Executive Officer, effective August 1, 2018. Mr. Hughes replaces Interim President and CEO, Tony Houston. Tony Manini, Chairman of the Board of Carube Copper stated, "We are very pleased to secure Steve as the President and CEO of Carube Copper. His proven leadership skills and passion for discovery is [...]
Carube Copper is pleased to report the appointment of three new directors at its Annual General and Special Meeting held in Toronto, Ontario, on May 24, 2018. Tony Manini, Chairman of the Board of Carube Copper stated, "I am very pleased to welcome our three new directors to Carube Copper. They will significantly add to the depth of our board with their rich experience in the exploration and mining industry. Carube Copper [...]
Carube Copper is pleased to announce that the Company has signed an option agreement on its 100% owned Rogers Creek Copper Project located in southwest British Columbia. Tocvan Ventures Corp. of Calgary Alberta will have the right to earn 80% of the project by spending $1.9M on exploration and issuing Carube Copper $25,000 in cash and 1.3M shares over the initial 4 year earn in period. After successful completion of the [...]
Carube Copper announces today that the Company has closed the third and final tranche of its previously announced non-brokered private placement of up to $3,000,000 through the issuance of 18,236,169 units at a price of $0.06 per unit for aggregate proceeds of $1,094,170. The aggregate gross proceeds raised pursuant to the Offering was $3,000,000 through the issuance of 50,000,000 units. Each unit is comprised of one [...]
Carube Copper announces today that the Company has closed a second tranche of its non-brokered private placement of up to $3,000,000 announced on December 1, 2017 and March 9, 2018. Aggregate proceeds of $1,789,400 were raised in this second tranche for 29,823,331 units issued at $0.06 per unit. The proceeds for this second tranche and the first tranche which closed on February 1, 2018 combine for a total of $1,905,830 [...]
Carube Copper announces today that the Company will settle certain indebtedness by issuing common shares at a deemed price of $0.0592 per share in lieu of cash to McLean Kerr LLP in the amount of $22,202. This amount is additional to the amounts mentioned in a press release earlier today. The settlements are subject to the approval of the TSX Venture Exchange and upon issuance, the shares will be subject to a four month [...]
Carube Copper announces today that the Company will settle certain indebtedness by issuing common shares at a deemed price of $0.06 per share in lieu of cash to Irwin Professional Corporation in the amount of $119,438; and, Alar Soever in the amount of $29,271. The Company will also settle certain indebtedness by issuing common shares at a deemed price of $0.0546 per share in lieu of cash to [...]
Carube Copper announces today that its current Board of Directors has proposed a slate of directors for the upcoming Special and Annual General Meeting scheduled for May 24th, 2018. The Board has also appointed Tony Houston as interim CEO and President of the company. Jeff Ackert, incumbent CEO and President will become VP of Business Development. Tony Manini will take over as Chairman. Mr. Manini commented "We are happy [...]
Carube Copper is pleased to announce that the Company has increased the maximum amount of its private placement financing from $1.2M to $3.0M. The Company expects to close a second and final tranche of the private placement on or before March 22, 2018. As announced in a news release dated December 1, 2017, the Company initially intended to raise an aggregate of $1,200,000 by way of a non-brokered private placement of up [...]
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