Baselode Energy Corp. is pleased to announce a non-brokered private placement of up to 2,500,000 flow-through units of the Company at a price of C$0.40 per FT Unit for gross proceeds of up to C$1.0 million. Each FT Unit shall be comprised of one flow-through share in the capital of the Company and one half of one Common Share purchase warrant. Each Warrant shall be exercisable into one Common Share at a price of C$0.60 at [...]
Baselode Energy Corp. is pleased to announce that its CEO James Sykes will be presenting a live webinar on Tuesday, November 10, 2020, at 2:00 PM ET, as part of the Red Cloud Webinar Series. Individuals interested in watching the webinar are encouraged to register via the link below: About Baselode Energy Baselode currently controls 100% rights to surface exploration on 71,821 hectares in the Athabasca Basin area [...]
Baselode Energy Corp. is pleased to announce that it has completed a comprehensive review of the results from the mobile magnetotellurics heliborne survey. The Mobile MT survey covered 2,600 line-km over the entirety of Baselode's 100% owned Shadow uranium property. New Interpretations from the Mobile MT Survey Baselode's review of new 3D resistivity depth inversions has highlighted important structural characteristics [...]
Baselode Energy Corp. is pleased to announce that it has closed an additional $413,875.28 across two tranches, bringing its total raise to $3,000,009.92. The net proceeds from the Offering will be used for general corporate purposes but primarily used for exploration work at the company's Shadow Project and Hook Project. Both projects are targeting basement-hosted uranium in the Athabasca Basin area, northern [...]
Baselode Energy Corp. is pleased to announce that it has closed $2,586,134.64 of an expected $3,000,000 a non-brokered private placement of flow-through units and non-flow-through units . The balance of the $3,000,000 is expected to close in the coming days. "Demand for this financing was overwhelming. We initially announced a $1.2 million raise but our book quickly went to $3 million. This capital puts Baselode in a [...]
Baselode Energy Corp. is pleased to present a webinar featuring CEO James Sykes. This webinar discusses how uranium is deposited in the Athabasca District, Baselode's unique strategy for exploration and how this strategy applies to the Company's Shadow Uranium project. Click here to View the James Sykes Webinar QP Statement The technical information contained in this news release has been reviewed and approved by Charles [...]
Baselode Energy Corp. is pleased to announce a non-brokered private placement of flow-through units and non-flow-through units for gross proceeds of up to $1,200,000. Red Cloud Securities Inc. is acting as a finder in connection with the Offering. "The company recently received final results from the Mobile MT survey at our 100% owned Shadow Project that are highlight attractive. The survey outlined an extensive [...]
Baselode Energy Corp. is pleased to announce that it has expanded its land position at its Shadow uranium property in the Athabasca Basin area of Saskatchewan, Canada. Shadow now covers 46,000 hectares and encompasses a larger area along the Virgin River Shear Zone . The Shadow property was expanded based on the preliminary results of the Company's heliborne mobile magnetotellurics survey as announced on August 10, 2020 [...]
Baselode Energy Corp. is pleased to announce that it has engaged Expert Geophysics Ltd. to complete a 2,600 line-kilometre mobile magnetotellurics heli-borne survey. This survey will cover the entirety of Baselode's Shadow property of over 420 square kilometres in the Athabasca Basin region. The survey is expected to begin August 10, 2020. Why is Baselode using Mobile MT? Mobile MT is a cutting-edge geophysical technology [...]
Baselode Energy Corp. is pleased to announce its exploration programs and upcoming catalysts for both of its 100% owned and royalty free Shadow and Hook properties in Saskatchewan's Athabasca Basin region . Regional Map of Baselode's Properties About the Shadow Property Shadow encompasses ~42,000 hectares along the basement rocks of the Virgin River Shear Zone south of the Athabasca Basin. Shadow exhibits similar [...]
Baselode Energy Corp. is pleased to announce the acquisition of its Hook uranium property in the Athabasca Basin area of northern Saskatchewan, Canada. Hook covers ~30,000 hectares within the basement rocks adjacent to the southeast edge of the Athabasca Basin and ~60km east-northeast of the Key Lake mill. Hook is Baselode's second recent uranium property acquisition in the Athabasca. Hook is 100% owned by Baselode and is [...]
Baselode Energy Corp. published an "investment thesis" on 22 June that was in contravention to TSX Venture Exchange Policy 3.3, 8.1 – Timely Disclosure, Content of News Releases. The news release in question contains promotional material that could have exaggerated the potential of the Company or Shadow Property. Management wishes to acknowledge the following elements of the 22 June news release that represent [...]