Aranjin Resources Ltd. is very pleased to announce an update on the Victory Nickel Project in Mongolia and that it has also entered into agreements to acquire an extensive package of highly prospective copper projects in Australia. HIGHLIGHTS Formalize 80% ownership by Aranjin Resources of the Victory Nickel Project in Mongolia. Additional electromagnetic geophysical surveys being planned to target massive nickel copper [...]
Aranjin Resources Ltd. is pleased to announce that further to its press release dated August 16, 2023, it has completed the previously announced debt settlement and conversion of accrued interest on convertible debentures held by Steppe Gold Ltd. into common shares of the Company. The Company has issued 9,883,163 Shares at a deemed price of $0.055 per Share to Steppe, representing accrued interest of $543,574 on the [...]
Aranjin Resources Ltd. is pleased to provide an update on recent and upcoming developments at the Company. With the successful completion of the upsized recent private placement, the Company is pleased to announce the conversion of outstanding debentures and settlement of outstanding debt to simplify the balance sheet. This will reduce the debt burden and allow investment capital to be directed to our exciting exploration [...]
Aranjin Resources Ltd. announces that it has completed its previously announced non-brokered private placement of 53,782,668 units of the Company at a price of $0.02 per Unit, for aggregate gross proceeds of approximately $1,075,653 . Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant will be exercisable for one Share at a price of $0.05 per Share for a period of 24 [...]
Aranjin Resources Ltd. is pleased to announce that due to interest from potential investors its previously announced non-brokered private placement has been increased by $100,000 to up to an aggregate total of 55,000,000 units of the Company at an offering price of $0.02 per unit, for gross proceeds of up to $1,100,000 . Each Unit will comprise one common share of the Company and one common share purchase warrant, with [...]
Aranjin Resources Ltd. , is pleased to announce a non-brokered private placement of up to $1,000,000 through the sale of units of the Company at a price of $0.02 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant with each warrant exercisable for one common share at a price of $0.05 per share for a period of 24 months from closing. The proceeds of the Private [...]
Aranjin Resources Ltd. provides a shareholder update on its Mongolian projects. The Company had a relatively quiet fourth quarter in 2022 as it considered plans for an active drilling campaign in 2023 and it has been speaking to existing shareholders and strategic investors concerning potential capital solutions for the upcoming year. As foreshadowed in the press releases during 2022, the focus of the Company has now [...]
Aranjin Resources Ltd. is very pleased to announce that it has completed an initial program of follow up auger geochemical drilling at the Baavhai Uul Copper Project in southern Mongolia in which it holds an 80% interest. This work has highlighted a significant copper nickel discovery at the "Victory Copper Nickel Discovery" under very shallow alluvial cover. Highlights 814 auger geochemical drill holes completed with [...]
Aranjin Resources Ltd. announces that the Company will be extending the maturity date of the $1,814,400 principal amount unsecured convertible debenture issued on August 10, 2021, and convertible into common shares of the Company at a price of $0.055 per share. The Debenture was issued pursuant to a private placement which closed on August 10, 2021. The Company proposes to extend the maturity date by one year, and [...]
Aranjin Resources Ltd. is very pleased to announce that it has commenced an extensive program of follow up auger geochemical drilling at the new Baavhai Uul Copper Nickel Discovery, further to the recently announced reciprocal exploration agreement with ION Energy. Highlights Exploration programs underway with follow up auger geochemical drilling confirming and further highlighting the copper nickel discoveries. Up to [...]
Aranjin Resources Ltd. is very pleased to announce that the TSX Venture Exchange has approved the previously announced agreement between ION Energy Ltd. and Aranjin whereby the parties granted one another reciprocal exploration rights on their respective exploration licences within Mongolia. Both ION and Aranjin will leverage one another's expertise in their respective metals, with Aranjin being granted a right to explore [...]
Aranjin Resources Ltd. is very pleased to announce that it has have entered into a term sheet agreement which sets out the terms for an exploration joint venture with ION Energy Ltd . The Joint Venture will consist of both Parties granting one another reciprocal exploration rights on their respective exploration licences within Mongolia. Both ION and Aranjin will leverage one another's expertise in their respective [...]
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