Cava Resources announces that it has completed the acquisition of all of the issued and outstanding shares of Gold Rush Cariboo, which has previously entered into an agreement with Goldlands Inc. with respect to the purchase of the alluvial gold and platinum mining project known as the Horseshoe Bend project consisting of one Placer Lease and six Placer Claims totaling 254.9 acres. In addition, Gold Rush has acquired an [...]
Cava Resources announced today that it has closed the second tranche of its previously announced private placement financing. The Company issued an additional 3,700,000 units at an issue price of $0.20 per unit for proceeds of $740,000 which together with the first tranche resulted in a total issuance of 8,854,000 units for total gross proceeds of $1,770,800. Each unit consists of one common share and one-half of one [...]
Cava Resources announced today that it has closed the first tranche of its previously announced private placement financing. The Company issued 5,154,000 units at an issue price of $0.20 per unit for total gross proceeds of $1,030,845. Each unit consists of one common share and one-half of one share purchase warrant, with each warrant entitling the holder to purchase one common share at $0.50 per share until the close of [...]
Cava Resources is providing an update on its previously announced private placement financing to be comprised of either flow-through units or units for total gross proceeds of up to $2,500,000. The Company is continuing to work on the financing and it is expected that the financing will close by the end of January 2018. About Cava Resources Inc. Cava is a junior exploration company whose primary property consists of its [...]
Cava Resources announces today Brian Stecyk has been appointed to the Board of Directors and Chris Hopkins has been appointed CFO. Mr. Stecyk is an experienced businessman with an extensive background in corporate communications. He was employed in senior management with the Alberta Government for many years and now sits on the Board of Directors of Stina Resources Inc. and SBD Capital Corp. Mr Hopkins was elected to the [...]
Cava Resources announced today that it has increased its previously announced private placement financing to be comprised of either flow-through units or units for total gross proceeds of up to $2,500,000. As previously disclosed, each Unit will have a subscription price of $0.20 per Unit and consist of one common share and one-half of one share purchase warrant, with each warrant entitling the holder to purchase one [...]
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 [...]