Storm Exploration Inc. today announced that it has amended the terms of the Toogood Option Agreement with Prospector Metals Corp. as previously announced on September 25, 2023 . Toogood Agreement Amendment Under the terms of the amended Toogood Agreement, Storm may exercise the Second Option by paying Prospector $12,000,000 in any combination of cash and Storm shares, as determined by Storm in its sole discretion, subject [...]
Storm Exploration Inc. today announced that it will conduct a non-brokered private placement , subject to the approval of the TSX Venture Exchange , for aggregate gross proceeds of up to $1,500,000. The Offering will consist of units at a price of $0.07 per Unit. Each Unit will consist of one common share of the Company and one-half warrant each whole Warrant entitling the holder thereof to acquire an additional common [...]
Plans Drill Program to Test Large VMS Target at Gold Standard Storm Exploration Inc. is pleased to announce that it has signed a Memorandum of Understanding with the Nigigoonsiminikaaning First Nation concerning the Company's 100% owned Gold Standard Project located 65 km north of the community of Fort Frances in northwestern Ontario. The Gold Standard Project hosts multiple high-grade gold showings as well as a large [...]
VANCOUVER, BC, Sept. 26, 2023 /CNW/ - Trading resumes in: Company: Storm Exploration Inc. TSX-Venture Symbol: STRM All Issues: Yes Resumption : 11:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
VANCOUVER, BC, Sept. 25, 2023 /CNW/ - The following issues have been halted by CIRO Company: Storm Exploration Inc. TSX-Venture Symbol: STRM All Issues: Yes Reason: Pending Company Contact Halt Time : 11:24 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national [...]
Storm Exploration Inc. is pleased to announce that it has executed an option agreement with Prospector Metals Corp. in which Storm can earn up to 100% in the Toogood Gold Project located along the north shore of Newfoundland, Canada . Project Highlights District scale land package covering 118 sq-km and 28 km of strike length along a regional structural corridor that has proven to be prospective for gold deposits [...]
Storm Exploration Inc. is pleased to announce that it has signed a Memorandum Of Understanding with the Naicatchewenin First Nation concerning the Company's Gold Standard Project located 65 km north of the community of Fort Frances in northwestern Ontario. "This is an important milestone for the Company," said Storm's President and CEO Bruce Counts. "Storm firmly believes that the participation of local first nations is [...]
Storm Exploration Inc. is pleased to provide the following update on its consultation with the Eabametoong First Nation . The Miminiska, Keezhik and Attwood Projects are located within the traditional territory of the EFN. Storm is following the engagement protocols set out by the EFN and is currently at step 5 in the 6-step process outlined in the EFN Engagement and Consultation Approach for Exploration. Chief Solomon [...]
Storm Exploration Inc. today announced that the option agreement to acquire a 100% interest in the Miminiska and Keezhik properties has been amended. Option Agreement Amendment StormEx and Landore Resources Canada Inc. have agreed to amend the Option Agreement to acquire a 100% interest in the Miminiska and Keezhik Properties . The amendment modifies the schedule of remaining option payments which are outlined in Table 1 [...]
Storm Exploration Inc. announces, further to its news release of June 9, 2023 and subject to the final approval of the TSX Venture Exchange, that it has amended a total of 2,261,875 outstanding share purchase warrants such that the warrants will have an expiry date of June 30, 2025. Holders of 1,761,875 of those warrants have agreed to have a revised exercise price of $0.15 per common share and be subject to an [...]
Storm Exploration Inc. announces, that, subject to certain conditions, it intends to amend the terms of a total of 2,261,875 outstanding share purchase warrants due to expire on June 30, 2023. The Warrants were issued in connection with a private placement transaction that closed on June 30, 2021. They are currently exercisable at $0.60 per common share . Certain finder warrants that were also issued in connection with [...]
Storm Exploration Inc. is pleased to announce that it has completed the twelve-month option payment in connection with its Option Agreement to acquire a 100% interest in the Gold Standard Project located in northwest Ontario. The payment consisted of $20,000 cash and the issuance of 47,619 common shares at a deemed price of $0.42 per share to Messrs. Allan Onchulenko and Peter Gehrels the property vendors. About Storm [...]
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