Cava Resources announces that it intends to close a private placement to raise $1,700,000. This financing will be for units at $0.20 where each unit includes one common share and one-half of a common share purchase warrant where a full warrant entitles the holder to acquire one additional share at $0.50 for 36 months. The proceeds of this financing are to be used for working capital purposes and to fund the purchase of [...]
Cava Resources is pleased to announce that it has entered into a letter of intent to purchase all of the issued and outstanding shares of Gold Rush Cariboo, which is an arm's length transaction. Gold Rush, which was incorporated in 2012 to evaluate and acquire properties in the Cariboo region of B.C., has entered into an agreement with Goldlands Inc. to purchase an alluvial gold and platinum mining project known as The [...]
Cava Resources announced today that it has granted 400,000 stock options to two consultants to the Company. The options are at $0.15 for a term of 5 years. The Company also announces that it is continuing to carry out due diligence work on other prospective mining properties in both Canada and other jurisdictions and it is also continuing to evaluate its core holdings in the Casa Berardi region of Quebec.
Cava Resources, announces its intention to complete a unit financing totalling $1,500,000, Each unit will be comprised of a share at $0.50 and a full warrant exercisable for 2 years at a price of $0.75. The term of the warrants may be accelerated by the company in the event that the shares of the Company trade in excess of $1.00 for a period of 30 days. The proceeds of the financing are to be used for continued [...]
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