Michael Gentile announces that he has filed an early warning report announcing the acquisition of 1,500,000 common shares in the capital of Group Eleven Resources Corp. . Prior to the completion of the Acquisition, Mr. Gentile beneficially owned and controlled, directly or indirectly, an aggregate of 10,265,333 Shares and an aggregate of 5,000,000 Share purchase warrants , representing approximately 8.97% of Group [...]
Group Eleven Resources Corp. announces that it has granted incentive stock options, on October 2, 2020, to directors, officers and employees of the Company to purchase up to 1,535,000 common shares in the capital stock of the Company. These options vest over a period of two years from the date of grant, at an exercise price of $0.09 per share. All options granted are subject to regulatory approval. The Company has also [...]
Group Eleven Resources Corp. is pleased to announce that it has commenced drilling at the Carrickittle zinc prospect on the Company's 100%-interest PG West project in the Republic of Ireland. Highlights: Drill program at Carrickittle consists of approximately 20 holes totalling 1,200 metres Phase 1 of the drill program commenced on September 29th and consists of six holes and 600 metres Phase 1 drilling will focus on Zone [...]
Group Eleven Resources Corp. is pleased to announce that it has commenced drilling at the Stonepark zinc project in the Republic of Ireland. Stonepark is a joint venture between Group Eleven and Arkle Resources PLC . Plans for follow-up drilling at the Company's Carrickittle zinc prospect located on the 100%-interest PG West zinc project in Ireland are nearing completion and will be announced over the next few weeks [...]
Group Eleven Resources Corp. is pleased to announce that Glencore Canada Corporation has exercised its right to appoint Ken Klassen to Group Eleven's board of directors. Bart Jaworski, CEO of Group Eleven, commented: "we very much welcome Ken to the board and look forward to working with him to further grow shareholder value. Ken is an experienced and well-respected lawyer in the international and Canadian mining [...]
Group Eleven Resources Corp. is pleased to announce the closing of its non-brokered private placement , initially announced on July 9, 2020 and subsequently increased on July 21, 2020, for total proceeds of $1,550,000 for the issuance 25,833,333 units at a price of $0.06 per unit. All currency is denominated in Canadian dollars. Each unit consisted of one common share and one half non-transferable common share purchase [...]
Group Eleven Resources Corp. is pleased to announce that it has increased its previously announced non-brokered private placement from up to 16,666,667 units, at a price of $0.06 per unit, for gross proceeds of up to $1,000,000 to up to 25,833,333 units, at a price of $0.06 per unit, for gross proceeds of up to $1,550,000. All currency is denominated in Canadian dollars. Each unit will consist of one common share and one [...]
Group Eleven Resources Corp. is pleased to announce a non-brokered private placement of up to 16,666,667 units at a price of $0.06 per unit for gross proceeds of up to $1,000,000. All currency is denominated in Canadian dollars. Each unit will consist of one common share and one half non-transferable common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share in the [...]
Group Eleven Resources Corp. is pleased to announce that it has intersected 10.3 metres of 14.6% zinc, 5.0% lead and 43 g/t silver at its drilling on its 100%-owned PG West Project in the Republic of Ireland. Mineralization is shallow, open along strike and represents not only the best mineralization ever encountered at the Carrickittle prospect , but also the best mineralization Group Eleven has drilled since inception [...]
Group Eleven Resources Corp. is pleased to announce the closing of its non-brokered private placement , previously announced on June 12, 2020, through the issuance of 1,000,000 units at a price of $0.05 per unit for gross proceeds of $50,000. All currency is denominated in Canadian dollars. Each unit will consist of one common share and one half non-transferable common share purchase warrant. Each warrant will entitle the [...]
Group Eleven Resources Corp. is pleased to announce the closing of the second and final tranche of the non-brokered private placement with Glencore Canada Corporation , previously announced on May 22, 2019, through the issuance of 12,800,000 units at a price of $0.05 per unit for gross proceeds of $640,000. All currency is denominated in Canadian dollars. Each unit will consist of one common share and one half [...]
Group Eleven Resources Corp. is pleased to announce that all resolutions were passed by the requisite majority at its annual general and special meeting held in Vancouver, British Columbia on June 22, 2020. With the resolutions passed, the Company anticipates closing the second tranche of the non-brokered private placement with Glencore Canada Corporation in the next several days, issuing the remaining 12,800,000 units at [...]
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