Raindrop Ventures Inc. has closed a non-brokered private placement of 12,500,000 units of the Company at a price of $0.16 per Unit for gross proceeds of $2,000,000 . Each Unit consists of one share in the capital of the Company and one half of one non-transferable Common Share purchase warrant . Each Warrant entitles the holder to acquire one Common Share at a price of $0.27 per Warrant Share for a period of thirty-six [...]
Raindrop Ventures Inc. is pleased to announce the appointment of Alexander Kunz as President and Chief Executive Officer of the Company, replacing Saf Dhillon who will continue as Corporate Secretary. Both Mr. Kunz and Mr. Dhillon remain members of the Company's board of directors. The Company is also pleased to announce that G. Peter Parsley has been appointed Vice President - Exploration. Mr. Kunz is a founding member [...]
Raindrop Ventures Inc. is pleased to announce the appointment of Alexander Kunz to the Company's Board of Directors, effective immediately. Raindrop also announces that Mr. Tim Henneberry has tendered his resignation as director of the Company, effective immediately. The Company would like to thank Mr. Henneberry for his contributions and wishes him the best in his future endeavors. Mr. Kunz brings to the Company more [...]
Raindrop Ventures Inc. has entered into an arms-length definitive asset purchase agreement, dated November 16, 2020, to acquire Liberty Gold Corp.'s remaining Nevada exploration portfolio consisting of three 100% owned properties and three 49% owned properties . The acquisition price is US$50,000 in cash, 9.9% of Raindrop's issued and outstanding share capital after completion of the planned concurrent private placement [...]
Raindrop Ventures Inc. is pleased to announce confirmation of a low sulfidation, gold bearing hydrothermal system, in Eocene rocks, by the recently completed sampling program at its 100%owned Clover Mountain Project near the Nevada border in southwestern Idaho. The currently defined mineralized area covers 6.8 hectares with the overall lateral and vertical extent of the identified gold mineralization still to be [...]
Raindrop Ventures Inc. is pleased to provide an update on rock chip trench sampling at its 100%-owned Clover Mountain Project in Idaho . The Company successfully completed approximately 650 metres of excavator trenches to bedrock in areas of relatively shallow overburden. Raindrop is also continuing to perform in-depth technical reviews of potential new projects in mining friendly jurisdictions and expects to add [...]
Raindrop Ventures Inc. is pleased to announce that the Bruneau Field Office of the Bureau of Land Management approved the Company's Plan of Operation and Notice of Exploration for planned exploration work at the Clover Mountain Property in Idaho . The Company submitted the required reclamation bond and awaits final notification, expected in the next week or two, to begin work. The Company plans to excavate up to 650 [...]
Raindrop Ventures Inc. is pleased to announce that its common shares are now listed on the FRA and are under the trading symbol RV0. The Frankfurt Stock Exchange, operated by Deutsche Börse AG, is one of the world's largest trading centers for securities and the largest of the eight stock exchanges in Germany. Raindrop's Frankfurt listing is expected to facilitate the process of trading in its shares by investors in [...]