Jaxon Minerals is pleased to announce that it has signed a definitive option agreement to acquire a 100% interest in the Foremore Property, located 30 km north of Eskay Creek and 75 km north of Pretium's Brucejack property in the Golden Triangle, northwest British Columbia. The Foremore Property extends north to Jaxon's 3,900-hectare Wishbone Property, expanding the Company's contiguous land holdings in the region to [...]
Jaxon Minerals is pleased to announce the appointment of Dr. Yingting (Tony) Guo to its Board of Directors. Dr. Guo is a member of the Technical Committee of the Zijin Midas Exploration Fund, a strategic investor in Jaxon and a subsidiary of Hong Kong listed Zijin Mining Group, the Fund's manager and major investor. Zijin Mining Group ranks as the largest gold producer in the world by revenue. The Group has made prior [...]
Jaxon Minerals is pleased to announce the closing of its non-brokered private placement previously announced on July 18, 2017 and increased on July 25, 2017 with the issuance of a total of 1,993,332 Units at a price of $0.30 per Unit for gross proceeds of $598,000. This increases the total funds Jaxon raised in the second quarter to a total of $2,620,400. As announced, each Unit in this most recent placement consists of [...]
As permitted by the Company's Articles, the Board of Directors of Jaxon Minerals has approved a share split of the Company's issued and outstanding common shares on the basis of 1.25 new common shares for every existing common share. Outstanding stock options and warrants will be adjusted on the basis of the same ratio. Any fractional shares resulting from the share split will be cancelled. Jaxon currently has a total of [...]
Jaxon Minerals is pleased to announce that the company has completed its first phase of fieldwork at its silver, zinc, gold Hazelton VMS project, located 50 kilometres north of Smithers, in the Skeena Arch. "We acquired a property with spectacularly high grades of silver and zinc in outcrop at surface, but little in the way of geological mapping, structural modeling, or data continuity necessary to infer mineral potential [...]
Jaxon Minerals is pleased to announce it has received Conditional Approval from the TSX Venture Exchange for its non-brokered private placement previously announced on July 25. The Conditional Approval is for the issuance of 1,993,332 Units at a price of $0.30 per unit for gross proceeds upon final approval of $598,000. The Company will announce Final Approval if and when received with customary disclosure of hold periods [...]
Jaxon Minerals is pleased to announce the company has finished channel sampling of massive sulphide lenses, veins and breccias at three separate elevation zones - mainly the 742, 685 and 550 elevations on the Max target hillside. A total of 213 1-metre channel samples and 94 grabs samples have been collected and submitted to MS Analytical for analysis. The Company expects to receive and release the first batch of assays [...]
Jaxon Minerals is pleased to announce that it has increased its non-brokered private placement first released on July 24, 2017, of up to 1,500,000 units to 2,000,000 units for gross proceeds of up to $600,000. As previously disclosed, each unit is priced at $0.30 and will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common [...]
Jaxon Minerals announces that the Company is granting a total of 300,000 new stock options to consultants of the Company. The options granted are for a period of two years, expiring on July 23, 2019, and exercisable at a price of $0.37.
Jaxon Minerals is pleased to announce that it has arranged a non-brokered private placement of up to 1.5 million units at a price of $0.30 per unit for gross proceeds of up to $450,000. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of two years from the [...]
Jaxon Minerals is pleased to announce the closing of its non-brokered private placement previously announced on June 15, 2017 and increased on July 10, 2017 with the issuance of a total of 8,089,600 Units at a price of $0.25 per Unit for gross proceeds of $2,022,400. As announced, each Unit consists of one common share of the Company (a "Share") at $0.25 and one-half common share purchase warrant (a "Warrant"), with one [...]
Jaxon Minerals is pleased to announce that it has increased its non-brokered private placement first released on June 14, 2017, of up to 4,000,000 units to 8,000,000 units. As previously disclosed, each unit is priced at $0.25 and will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an [...]
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