Signature Resources Ltd. is pleased to announce that it has closed on a non-brokered charity flow through private placement for 9,090,909 shares at a price of CAD$0.156 per share for gross proceeds of approximately CAD$1.42 million . It is important to highlight that the pricing for the Offering was consummated in early February which represented a premium of over 40% to Signature's share price at that time. Proceeds will [...]
Signature Resources Ltd. is pleased to announce it has commenced drilling of its 2021 winter drill campaign on its 100% owned Lingman Lake Gold Project in north-western, Ontario. "This is an exciting event for Signature to report the start of its 13-hole winter drill campaign utilizing its 100% owned diamond drill rig. This round of drilling is focused on extending the known zones of mineralization along strike to the [...]
Signature Resources Ltd. is pleased to announce the increase in its land position at its Lingman Lake Project within in the prolific Red Lake geologic district in Northwestern Ontario. The previously held claims, excluding the 18 held patented claims, of 604 has been increased to 1,066 claims. When added to the 4 full patent claims and 14 mineral rights patented claims held, Signature now holds a total of 1,084 claims [...]
Signature Resources Ltd. , announces that due to the restrictions and guidelines on public gatherings, including the stay-at-home order extended this past Friday by the Ontario government, the Company will be hosting its annual general and special meeting of shareholders this coming Monday, March 1, 2021 at 1:00 p.m. virtually. Any shareholder who wishes to attend the Meeting may only attend virtually by video conference [...]
Signature Resources Ltd. is pleased to announce the appointment of Rickardo Welyhorsky as an advisor to the Company. Mr. Welyhorsky is a registered Professional Metallurgical Engineer with over 28 years of experience spanning all levels of project development and operations in the mining and metals industry. He brings to Signature's advisory board a wealth of industry experience in various roles globally including with [...]
Signature Resources Ltd. is pleased to announce the appointment of John Hayes as an advisor to the Company. John Hayes is a professional geologist with over 20 years of exploration, and many years of capital markets experience. John worked for ten years in mining equity research at BMO Capital Markets and at the time of his retirement in 2014 was a managing director covering global precious and base metal companies as [...]
Signature Resources Ltd. is pleased to provide an update on its 100% owned Lingman Lake Gold Project located in Northwestern Ontario. Camp preparation on the Company's patented claims is underway for a 2,500 meter drill program, which is targeted to commence late February - early March. Ground crews have been preparing the exploration camp for the upcoming winter drill campaign since early January. All items delivered to [...]
Signature Resources Ltd. is pleased to announce the appointment of Dan Denbow as an advisor to the Company. Dan Denbow has spent over 28 years in the capital markets with his most recent experience associated with USAA Investment Management Company. As a portfolio manager for USAA Mr. Denbow was responsible for managing over US$4 billion in three strategies; a domestic dividend and global dividend strategy and the USAA [...]
Signature Resources Ltd. is pleased to announce the engagement of VRIFY Technology Inc. to implement their platform to assist in showcasing the Lingman Lake project. “We are excited to announce that we have partnered with VRIFY to enhance project and market clarity as we advance the 100% owned Lingman Lake Gold project. We believe the VRIFY platform will provide enhanced communication of and transparency with our project [...]
Signature Resources Ltd. is pleased to announce the engagement of Nordmin Engineering Ltd. to provide technical services. “Given the extensive expertise that Nordmin has developed in this region with their work at Monument Bay and other projects regionally and globally, we are pleased to be working with their team. Nordmin has demonstrated a proficiency with working with the local stake holders and have formidable [...]
Signature Resources Ltd. is pleased to announce that his has closed a non-brokered private placement financing raising gross proceeds of $1,000,000 . Pursuant to the Offering, the Company issued 999,945 hard dollar units at a price of $0.11 per HD Unit and 6,846,200 flow-through units at a price of $0.13 per FT Unit. “As a result of a sizable unsolicited interest, Signature is pleased to further enhance its balance sheet [...]
Signature Resources Ltd. is pleased to announce that his has closed its non-brokered private placement previously announced on November 9, 2020 and November 24, 2020 , which has been upsized to $2,000,000. The Company closed the Offering effective December 4, 2020 by issuing 22,847,201 hard dollar units at a price of $0.05 per HD Unit and 14,293,999 flow-through units at a price of $0.06 per FT Unit. “We are thrilled with [...]
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