Storm Exploration Inc. is pleased to announce that it has today closed the Company's non-brokered private placement, previously announced on January 18, 2023 . The closing is subject to final acceptance of the TSX Venture Exchange. Pursuant to the Offering, the Company has issued 8,343,836 units at a price of $0.12 per Unit, for aggregate gross proceeds of $1,001,260. Each Unit consists of one common share of the Company [...]
Storm Exploration Inc. today announced that due to strong demand, it has increased the size of the previously announced non-brokered private placement , subject to acceptance by the TSX Venture Exchange , to aggregate gross proceeds of up to $1,000,000. As previously announced, StormEx also plans to consolidate the Company's common shares on the basis of one new post-consolidation Common Share for every four [...]
Storm Exploration Inc. today announced that due to strong demand, it has increased the size of the previously announced non-brokered private placement , subject to acceptance by the TSX Venture Exchange , to aggregate gross proceeds of up to $750,000. As previously announced, StormEx also plans to consolidate the Company's common shares on the basis of one new post-consolidation Common Share for every four [...]
Storm Exploration Inc. today announced that it will conduct a non-brokered private placement , subject to acceptance by the TSX Venture Exchange , for aggregate gross proceeds of up to $500,000. In addition, StormEx plans to consolidate the Company's common shares on the basis of one new post-consolidation Common Share for every four pre-consolidation Common Shares in connection with the closing of the Offering [...]
Amends Option Agreement for Miminiska & Keezhik Storm Exploration Inc. today provided an update on its consultation with the Eabametoong First Nation . The Company also announced that the Option Agreement to acquire a 100% interest the Miminiska and Keezhik properties has been amended. Update on Consultation with the Eabametoong First Nation The Miminiska, Keezhik and Attwood properties are located within the traditional [...]
Lithoquest Resources is pleased to announce that, pursuant to a directors' resolution, it has changed its name to Storm Exploration Inc. There will also be a change to the Company's trading symbol. The TSXV will publish a bulletin announcing the effective date of the change in the Company's name and symbol, and it is anticipated that the common shares of the Company will commence trading under its new name of Storm [...]
Lithoquest Resources announced assay results of up to 166 g/t Au from grab samples collected in June 2022 from historical workings at the Gold Standard HW-271 showing. The 5,953 ha property is road accessible and located approximately 65 km north of the community of Fort Frances. Key Points Assay results of note from grab samples collected at HW-271 included: 166 g/t Au or 5.34 opt Au 88.6 g/t Au or 2.78 opt Au 83.4 g/t [...]
Lithoquest Resources announced assay results from the 2022 spring drill program on its Miminiska Property. Three zones with significant gold mineralization were encountered, including 27.6 g/t Au over 0.59m starting from 115m. "This is a significant development at the Miminiska Prospect," commented Bruce Counts, President and CEO of Lithoquest Resources Inc. "These results extend the high-grade gold mineralization in the [...]
Lithoquest Resources announced that it has completed the twelve-month option payment to Landore Resources Canada in connection with its Option Agreement 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 $250,000 cash and the issuance of 3,421,916 common shares at a deemed price of $0.146117 per [...]
Lithoquest Resources announced that it has entered into an Option Agreement to acquire a 100% interest in the 615ha Gold Standard Project located in northwest Ontario. The Company has also staked an additional 252 mineral claims surrounding the Gold Standard property, bringing the total project area to 5,953 ha. "Gold Standard augments the Company's portfolio of projects in northwest Ontario," commented Bruce Counts [...]
Lithoquest Resources announced that it has completed ground geophysical surveys, identified high-priority targets, and conducted drilling on the Miminiska Prospect located within the traditional territory of the Eabametoong First Nation in northwestern Ontario. "Results continue to support our thesis that the Miminiska Prospect represents an exceptional opportunity," stated Bruce Counts, President and CEO of Lithoquest [...]
Not for distribution to the United States news wire services or for dissemination in the United States Lithoquest Resources Inc. today announced that it has today closed the non-brokered private placement announced on February 10, 2022 . The closing is subject to final acceptance of the TSX Venture Exchange. Pursuant to the Offering, the Company has issued 9,149,414 units at a price of $0.115 per Unit, 5,502,500 [...]