SRG Mining is pleased to announce the closing of a non-brokered private placement. The Company has issued a total of 500,000 shares of SRG at a price of $0.54 per Unit for gross proceeds of CAD$270,000. The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. All securities issuable pursuant to the Private Placement are subject to a four month hold [...]
SRG Mining Inc. today announced it has, subject to regulatory approval, entered into a market-making agreement with Independent Trading Group pursuant to which ITG has agreed to provide market-making services to the Company in accordance with the policies of the TSX Venture Exchange and applicable laws. ITG will trade the securities of the Company on the TSXV for the purposes of maintaining an orderly market. None of ITG [...]
SRG Mining today provides an update on recent activities related to its Lola graphite project located in Guinea. The Company has recently announced the closing of a CAD$4,800,000 private placement with namely two European businesspersons, Messrs. Eric Swenden and Christian Dumolin, through their related entities. With the financing in place, and in order to further the development of the Project, the Company is pleased to [...]
SRG Mining Inc. is pleased to announce the closing of a non-brokered private placement. The Company has issued a total of 9,600,000 units of SRG at a price of $0.50 per Unit for gross proceeds of CAD$4,800,000. Each Unit is comprised of one common share of the Company and one half of one non?transferable share purchase warrant. Each whole warrant will entitle the holders to purchase for a period of 24 months from the date [...]
SRG Mining Inc. is pleased to report the discovery of a new graphite occurrence in northern Liberia, West Africa. The discovery followed a geological investigation within SRG's Liberia exploration permit located immediately south of the border with Guinea and as a prolongation of the Lola graphite project in Guinea. SRG Liberia, who owns the permit, is a fully owned subsidiary of SRG Mining Inc. SRG Mining has identified [...]
SRG Mining Inc. announced today that further to its press release dated January 26, 2021 announcing a private placement in the form of a convertible debt financing for USD$7.5M with Sprott Private Resource Lending II, and the announcement of March 26, 2021 announcing the closing of the first tranche of the Financing for USD$800,000 which matured on April 2, 2021, the Company would like to provide a general update to the [...]
SRG Mining Inc. announced today that further to its press release dated January 26, 2021 announcing the private placement in the form of a convertible debt financing for USD$7.5M with Sprott Private Resource Lending II, the parties have fully closed the first tranche on January 26, 2021 for USD$800,000. While the parties advance the finalization of the definitive convertible credit agreement for the total Financing which [...]
SRG Mining Inc. is pleased to announce that it has closed the first tranche of a private placement in the form of a convertible debt financing for USD$7.5M with Sprott Private Resource Lending II. The Financing is the first portion of financial resources the Company will raise should it be successful in its bid to acquire the North American Lithium Inc. assets pursuant to the procedures of the Sale and Investor [...]
SRG Mining is pleased to announce the closing of a non-brokered private placement. The Company has issued a total of 2,000,000 units of SRG at a price of $0.50 per Unit for gross proceeds of CAD$1,000,000. “During these unique and unprecedented financial times caused by the ongoing COVID-19 pandemic, the Company decided to capitalize on strong market support to strengthen its financial position to help it advance its Lola [...]
SRG Mining Inc. is pleased to announce that all resolutions as set out in the Company’s notice of meeting and information circular dated May 15, 2020, were passed by the requisite majority at its annual general meeting held in Mont-Royal Quebec on June 19, 2020 PricewaterhouseCoopers LLP, Chartered Professional Accountants were re-appointed as auditors of the Company for the ensuing year and shareholders approved the [...]
SRG Mining today provides an update on recent activities related to its Lola graphite project. The Company has recently signed its 6th offtake agreement for 8,000 tonnes over a three-year period. This brings the total signed off-take agreements to 136,000t over three years. These agreements represent approximately 90% of the Company’s anticipated production over that period. Our clients operate in various markets [...]
SRG Mining today provides an update on recent activities related to its Lola graphite project. The Company has recently signed its 5th offtake agreement for 10,000 tonnes per year for a three-year period. This brings the total signed off-take agreements to 128,000t over three years. These agreements represent approximately 85% of the Company’s anticipated production over that period. Our clients operate in various markets [...]
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