Golden Ridge is pleased to report initial results for the first 2 diamond drill holes at its Hank Property in northwestern British Columbia, Canada. HNK-17-001 returned 24.15 g/t AuEq* over 4.13 meters, while HNK-17-002 returned 107.90 g/t AuEq* over 0.55 meters. Both holes were drilled at the same azimuth from pad number one on the Property’s Lower Alteration Zone (LAZ), to test the continuity of mineralization at [...]
Golden Ridge Resources is pleased to announce that it has completed its reversed takeover transaction with Golden Ridge Resources, and the concurrent non-brokered private placement of the Company, previously announced pursuant to a press release dated September 1, 2017. On closing of the RTO, the Company acquired all of the issued and outstanding shares of GRR, an arms' length private British Columbia corporation which [...]
88 Capital is pleased to announce that it has completed its previously announced brokered private placement for total gross proceeds of $5,245,613. Pursuant to the terms of an agency agreement among the Company, Golden Ridge Resources Ltd. and First Republic Capital Corp. dated August 31, 2017, the Company issued: (a) 32,664,500 units, at a price of $0.125 per Unit, for proceeds of $4,108,062; and 7,583,673 “flow-through [...]
88 Capital is pleased to announce that it has expanded its brokered private placement as previously announced on March 1, 2017. Pursuant to the Offering, the Company now intends to raise gross proceeds of up to $5.25 million through the issuance of: (a) 32,000,000 units, at a price of $0.125 per Unit for total gross proceeds of up to $4,000,000; and (b) 8,333,333 flow-through shares (“FT Shares”), at a price of $0.15 per [...]
88 Capital today announced that the TSX Venture Exchange has provided its conditional acceptance of 88 Capital’s acquisition of Golden Ridge Resources Ltd. and 88 Capital’s concurrent financing previously announced on March 1, 2017. The conditional approval was granted based on the draft filing statement that the company has submitted to the TSX-V. Further details regarding the transaction will be outlined in the filing [...]
88 Capital has filed its draft filing statement and is working closely with the TSX Venture Exchange to finalize its filing statement and complete the RTO transaction with Golden Ridge Resources Ltd as announced on January 31, 2017. The Company anticipates closing of the transaction in the coming weeks. In addition to overseeing all regulatory and compliance filings, the Company has progressed its planning activities for [...]
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