Seasif Exploration Inc.

Western Atlas Resources announces that it entered into an unsecured note loan agreement for a total amount of CAD$73,000, with the Company's CEO. The Loan was divided into two tranches. A first tranche of $43,000, and a second tranche of $30,000. The Loan bears interest of 2.3% per annum. The Loan agreement entitles the Company to effect repayment of amounts drawn under the Loan at any time prior to maturity, without [...]

Western Atlas Resources is pleased to announce that the previously announced non-brokered private placement for gross proceeds of C$4,000,000 and 4:1 consolidation of the Company's common shares, is expected to close before the end of December, 2023. For more details regarding the Private Placement and the Consolidation please refer to the press release issued by the Company on November 8, 2023. About Western Atlas The [...]

Western Atlas Resources is pleased to announce the appointment of Cesar Augusto Torresini as a new Director of the Company. About Mr. Torresini Mr. Torresini has over 30 years of professional experience in the natural resources industry having worked on all aspects of project development, from exploration through construction and operations in Latin America with a predominant focus in Brazil, Colombia and Chile. Mr [...]

Western Atlas Resources is pleased to announce that it has entered into a binding letter of intent with three arm's length parties including VV8 Investment Holding Corp to undertake a non-brokered private placement to raise gross proceeds of C$4,000,000 through the sale of common shares of the Company. The common shares sold in the Private Placement will be issued at a price of $0.06 per common share after giving effect [...]

Western Atlas Resources is pleased to announce has entered into a binding agreement with RECURSOS IBEROAMERICANOS, a company organized and existing under the laws of Spain. Under the Agreement, Western Atlas and RIBER have agreed to work together to identify and acquire mineral projects located in Latin America, including Venezuela where the parties will act on an exclusive basis with respect to certain properties of [...]

Western Atlas Resources is pleased to announce the appointment of Stephen Wilkinson, M.Sc., B.Sc., MBA, as Director of the Company. About Mr. Wilkinson Mr. Wilkinson brings to Western Atlas multidecades of experience, having acted as president of numerous resource companies and investment funds. His prior experience includes President and CEO of [wp=1851]ValGold Resources Ltd., President and CEO of Blue Star Gold Corp., a founding [...]

Western Atlas Resources announced that it intends to consolidate its issued and outstanding common shares on a four-for-one basis, and it plans to undertake a non-brokered private placement to raise gross proceeds of up to C$2,000,000 through the sale of flow-through and non-flow-through units, on a post consolidated basis. Share Consolidation Western Atlas has an authorized capital consisting of an unlimited number of [...]

Western Atlas Resources intends to extend the term of certain warrants which would otherwise expire on Oct 9, 2021. 11,127,941 warrants granted on October 10, 2019, with the original expiry date of Oct 9, 2021, are now extended to expire on October 9, 2022, with each whole warrant entitling the holder to purchase one common share of the Company at C$0.20 per share. All other terms and conditions of the Warrants remain [...]

Western Atlas Resources Inc. is pleased to announce that it has received final approval of its Meadowbank Project exploration permits amendment. The amended permits allow for the expansion of the Company's exploration footprint and include the possibility to drill up to 20,000 meters of diamond drilling per year, and to increase a future camp capacity to a 40 person camp, if required. The Meadowbank Project, 100% owned by [...]

Western Atlas Resources Inc. is pleased to provide an update on the Company's 2021 exploration program at its Meadowbank Project located in Nunavut, Canada. The upcoming exploration program is the continuation of the winter logging and sampling conducted between January and April 2021 and will comprise of additional structural and geological mapping and sampling within Meadowbank Blocks A and B. Additional review and [...]