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 [...]
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 [...]
Storm Exploration Inc. today announced that the Company has granted stock options in accordance with the terms and conditions of its rolling Stock Option Plan, entitling the purchase of an aggregate 1,850,000 common shares by certain directors, consultants, and advisors to the Company. Each stock option will be exercisable at $0.25 per common share until March 29, 2028. Neither the TSX Venture Exchange nor its Regulation [...]
Storm Exploration Inc. today announced that it has identified a large conductivity anomaly in recently collected airborne magnetic and electromagnetic survey data. The anomaly has a strike length of more than five kilometres and occurs in host rocks that are often associated with Volcanogenic Massive Sulphide mineralization. This is supported by copper and zinc mineralization noted in historical drill holes. Figure 1 [...]
Storm Exploration Inc. is pleased to announce that it has completed the nineteen-month option payment in connection with its Option Agreement with Landore Resources Canada Inc. to acquire a 100% interest in two gold projects located in northwest Ontario: the 5,494 ha Miminiska Gold Project and the 12,482 ha Keezhik Gold Project. The payment consisted of $251,824 cash and the issuance of 2,175,839 common shares at a deemed [...]
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