Saville Resources is pleased to announce that, further to its news release dated June 23, 2024, it has received TSXV approval in respect of its securities exchange agreement dated June 21, 2024 with 1398827 B.C. Ltd., and the securityholders of PrivCo to acquire all of the issued and outstanding securities of PrivCo in exchange for securities of the Company issued on a one-for-one basis. The Transaction subsequently [...]
Saville Resources is pleased to announce it has closed its upsized non-brokered private placement of 20,805,000 units at a price of $0.05 per Unit for gross aggregate proceeds of $1,040,250. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to acquire one common share of the Company at a price of $0.075 per share for a period of 12 [...]
Saville Resources announce it has increased the proposed size of its previously announced non-brokered private placement to a new maximum of up to 20,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $1,000,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to acquire one common share of the Company at a [...]
Saville Resources is pleased to announce it has extended its previously announced non-brokered private placement of up to 15,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $750,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to acquire one common share of the Company at a price of $0.075 per share [...]
Saville Resources is pleased to announce a non-brokered private placement for gross proceeds of up to $750,000 through the issuance of up to 15,000,000 units of the Company at $0.05 per Unit. Each Unit shall consist of one common share in the capital of the Company, and one-half share purchase warrant, with each whole Warrant entitling the holder thereof to acquire one Common Share at a price of $0.075 per share [...]
Saville Resources Inc. wishes to announce that it has entered into a termination and forgiveness of debt agreement with Commerce Resources Corp., whereby the parties have mutually agreed to terminate the earn in agreement between Commerce and Saville on the Niobium Claim Group Property entered into in January 2018, and extended on January 11, 2023 The Niobium Claim Group Property consists of 26 contiguous mineral claims [...]
Saville Resources announces that, further to its News Release dated December 11, 2023, the TSXV has approved the consolidation of its issued and outstanding common shares on the basis of one new Share for every twenty currently outstanding Shares. The Consolidation will become effective at the opening of the market on Dec 20, 2023. The Company's symbol shall remain as "SRE". Currently, a total of 101,846,567 Shares are [...]
Saville Resources announces that it intends to complete a consolidation of its issued and outstanding common shares on the basis of one new Share for every twenty currently-outstanding Shares. It is anticipated that the Consolidation will reduce the number of outstanding Shares from 101,846,567 Shares to approximately 5,092,328 Post-Consolidated Shares, subject to adjustment for rounding. The board of directors of the [...]
Saville Resources Inc. wishes to announce changes to its Board of Directors. Mr. Charn Deol has resigned as a director of the Company, effective immediately. The Company would like to express its sincere gratitude to Mr. Deol for his invaluable contributions and dedicated service during his tenure. His insights and leadership have been instrumental in guiding the Company through various strategic decisions. Additionally [...]
Saville Resources Inc. is pleased to announce the extension of the earn-in agreement with Commerce Resources Corp.'s for exploration of the Niobium Claim Group Property, a subset of the Commerce Resources' Eldor claims, located in northern Quebec. The agreement will be extended, with similar terms as originally agreed upon in Jan 2018, for one additional year, until January 2024. Saville Resources President and CEO Mike [...]
Saville Resources Inc. is pleased to announce sample assay results for three drill holes from its 2022 drill program at its Niobium Claim Group Property. The 2022 drill program, completed in August, totaled 600.0 m and focused on the Mallard Prospect. The 2022 drill program targeted the niobium zone previously reported in drill hole EC21?175 - see news release dated September 1, 2022 - further at depth and along strike [...]
Saville Resources is pleased to announce that at the Company's Annual General and Special meeting held on November 30, 2022, the shareholders adopted an equity incentive plan which has a 10% rolling stock option component and a fixed Restricted Share Unit, Performance Share Unit and Deferred Share Unit components reserving an aggregate of 20,369,313 shares for issuance. Shareholder approval of the Plan must be obtained [...]
