Saville Resources is pleased to announce that it has arranged a non-brokered private placement. The arrangement is for up to 1,250,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $100,000. Concurrently the Company will also be offering up to 4,000,000 flow-through units at a price of $0.10 per FT Unit for gross proceeds of up to $400,000. Certain insiders of the Company intend to [...]
Saville Resources wishes to report that the TSX Venture Exchange has accepted for filing a debt settlement arrangement pursuant to which the Company has issued 3,650,000 shares at a deemed price of $0.06 per share to settle outstanding debt of $219,000. The shares issued pursuant to the settlement arrangement are subject to restriction on resale to April 12, 2018. In connection with the debt settlement transaction, Zimtu [...]
Saville Resources Inc. announces that its common shares are now listed on the Frankfurt Stock Exchange under the symbol S0J. Saville anticipates that this listing will provide the company with increased visibility for its activities in all European capital markets. In addition, the Company has been assigned the Legal Entity Identifier number 529900CVOND4UPFR7A56. The European Union has adopted regulations that require use [...]
Saville Resources Inc. wishes to provide an update on the Company’s latest developments. Property Option Agreement The Company is pleased to announce that it has entered into an agreement, pending exchange approval, with Zimtu Capital Corp. to acquire a 100% interest in and to the Covette Property, located in the James Bay Region of Quebec. The Covette Property is located approximately 190 km east of Raddison and 10 km [...]
Saville Resources is pleased to report that it has closed the announced non-brokered private placement for gross proceeds of $857,300. Pursuant to the offering, Saville issued 14,288,333 units at a price of $0.06 per Unit for aggregate gross proceeds of $857,300. Each Unit consists of one common share of the company and one share purchase warrant exercisable into one common share at an exercise price of $0.10 for a period [...]
Saville Resources is pleased to report that the TSX-V has approved the consolidation of the common shares of the Company on the basis of 5 pre-consolidation shares for 1 post-consolidation share, pursuant to a special resolution passed by shareholders on June 29, 2016. The consolidation will become effective at the opening of the market on July 7, 2017. The name of the Company has not been changed. Currently, a total of [...]
Saville announces amended terms to its previously announced non-brokered private placement financing. The placement has been increased to 16,666,666 Units (Units) of the company at a price of $0.06 per Unit (post-consolidation) for gross proceeds of up to $1,000,000. Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant with each warrant exercisable [...]
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