RosCan Minerals Corp. is pleased to announce that it has completed the second and final tranche of its previously announced private placement by issuing 2,036,700 units at a price of $0.06 per Unit for aggregate gross proceeds of $122,202. Each Unit is comprised of one common share and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one additional Common Share at an exercise price [...]
RosCan Minerals Corporation announces results from Air Core drilling carried out on the Dormaa Property, Ghana, West Africa, in which RosCan has an option to earn a 50% interest. RosCan has elected to discontinue the option due to unfavorable drilling results, RosCan also provides an update on the Kandiolé Project, Mali, West Africa. Exploration Update — Ghana The AC drill program was planned to investigate the [...]
RosCan Minerals Corp. , announces that is has granted an aggregate of 3,300,000 options to purchase common shares of the Company exercisable at a price of $0.10 per common share and expiring on August 1, 2021, to certain directors, officers, and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant. ABOUT ROSCAN [...]
Roscan Minerals Corporation - Mr. Greg Isenor, a director and officer of the Company, announces that he has filed an early warning report announcing that he has acquired ownership and control over 3,333,333 units of the Company in connection with a private placement of the Company. Each Unit consists of one common share of the Company and a one Common Share purchase warrant . Each Warrant will entitle the holder to [...]
RosCan Minerals is pleased to announce that it has completed its previously announced private placement led by Clarus Securities Inc. by issuing 32,932,132 units at a price of $0.06 per Unit for aggregate gross proceeds of $1,975,928 . The Company issued a further 1,666,667 Units for aggregate gross proceeds $100,000 through non-brokered efforts. Together, the Brokered Offering and Non-Brokered Offering had aggregate [...]
RosCan Minerals further to its news release of June 5, 2018, is pleased to announce that the Company has finalized the option agreement with Minex SARL to acquire a 100% interest in the 16 sq. km. Mankouke permit. Minex is a private company located in Bamako, Mali, involved in the acquisition and exploration of mineral properties. Key terms of the option agreement are: Pay Minex $250,000, of which $40,000 was paid on [...]
June 14, 2018 -- RosCan Minerals Corp. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. , whereby the Agent will act on behalf of the Company to raise, on a “best efforts” agency basis, up to C$3,000,000 of units of the Company , to be priced at C$0.06 per Unit. Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant [...]
RosCan Minerals is issuing a correction to its previously disseminated news release dated June 7, 2018. The correction is limited to the Company's remaining payments pursuant to the agreement pay to Pelangio an aggregate of $150,000 as follows: Amount Due Date $50,000 On December 5, 2018; and, $100,000 On December 5, 2019 It is now being corrected to " pay to Pelangio an aggregate of $250,000 as follows: Amount Due Date [...]
RosCan Minerals reports that the remaining payments to be made by the Company to earn a 50% interest in the Dormaa Project in Ghana, pursuant to the option and joint venture agreement made with Pelangio Exploration, have been extended by an additional six months. The extension was necessitated by the delay in commencing the drill program which is currently underway. Exploration results will be released once received [...]
RosCan Minerals is pleased to announce that the Company has entered into: an option agreement with SOLF SARL to acquire a 100% interest in the 75 sq. km. Niala permit; and, a letter of intent with Minex SARL to acquire a 100% interest in the 16 sq. km. Mankouke permit. In addition, RosCan completed option agreements with Touba Mining SARL to acquire to acquire a 100% interest in each of the Kandiole-North and the [...]
RosCan Minerals is pleased to announce the appointment of Don Dudek as a director of the Company. Mr. Dudek is President and CEO of Savary Gold and a member of the Advisory Board for Desert Gold Ventures. Mr. Dudek has held various roles with junior to senior exploration and mining companies over the past 35 years and recently served as Senior Vice President, Technical Services for Endeavour Mining Corporation while [...]
RosCan Minerals Corporation is pleased to report that Pelangio Exploration through its ongoing engagement program with the traditional authorities and government officials has successfully resulted in Pelangio receiving approval to commence an air core and/or rotary blast drill program at the gold prospective Dormaa Project in Ghana, West Africa. The initial drill program is expected to commence in the latter part of May [...]
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