Crest Resources Inc. announces that it has issued to certain directors, officers, employees and consultants an aggregate of 14,538,689 common shares in the capital stock of the Company as bonuses in relation to the increase in value and significant performance of the Company's investments. The common shares issued are subject to a four month hold period expiring October 2, 2021. The Company has also transferred an [...]
This news release is being disseminated by Crest Resources Inc. pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the acquisition of certain common shares of Cayenne Capital Corp., a BC corporation. On May 18, 2021, the Acquiror acquired 5,500,000 Common Shares of the Issuer at a deemed price of $0.05 per Common Share. The Common [...]
Crest Resources Inc. is pleased to announce that the March 29th drill program has been increased to 42 drill holes from the original 35 that were planned. Based on the favorable stratigraphic lithologies intersected in the first 29 drill holes at the Allaru Vanadium project, AusVan Battery Metals Pty Ltd. has expanded the drill program to the north west to include additional shallow shale hosted vanadium targets. Crest [...]
Crest Resources Inc. congratulates Exploits Discovery Corp. on it's $8 million fund raising with key investors New Found Gold and Mr. Eric Sprott. The entire Private Placement is being fully subscribed and invested into by Mr. Sprott and New Found Gold; with each party investing $4,000,000. Upon completion of the financing, Mr. Sprott will hold 15.1% on a non-diluted basis and 26.3% on a partially diluted basis assuming [...]
Crest Resources Inc. is pleased to announce that drilling has started on the Allaru Vanadium project. Crest holds a 60% interest in Allaru through it's 60% owned Australian subsidiary, AusVan Battery Metals Pty Ltd. The Project is a resource stage Vanadium Deposit with additional potential for High Purity Alumina located in central Queensland. The Allaru Vanadium Deposit is hosted in the shallow dipping vanadium shale of [...]
Crest Resources Inc. congratulates Exploits Discovery Corp. on its $4.1 million fund raising with key investor Eric Sprott. The entire private placement is being fully subscribed and invested into by Mr. Sprott. Upon completion of the financing, Mr. Sprott will hold 9.81% of the outstanding shares of Exploits on a non-diluted basis and 14.45% on a fully diluted basis. On close of this financing, Crest will hold an [...]
This news release is being disseminated by Crest Resources Inc. pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues , in connection with the acquisition of certain common shares of Opawica Explorations Inc. , a British Columbia corporation whose common shares are listed for trading on the TSX Venture Exchange under the symbol "OPW". On March 29, 2021, the [...]
Crest Resources Inc. announces that it has refiled its November 30, 2020 interim financial statements following a review of the statements by the Company's auditors. The review was undertaken in conjunction with the Company's filing of a Listing Statement with the CSE, as part of the Company's application to change its designation from a mining issuer to an investment issuer. While several of the Company's investments [...]
Crest Resources Inc. announces that it has entered into an Option Agreement dated February 2, 2021 with UrbanGold Minerals Inc. to acquire certain mining claims located in NTS 32B05 and 32B12, approximately 160 kilometres northeast of the Town of Val d'Or, in the Province of Quebec. Pursuant to the terms of the Option Agreement, Crest shall have the right until the third anniversary of the Option Agreement to acquire 100 [...]
Crest Resources Inc. announces that it has entered into a Share Purchase and Sale Agreement to acquire all of the issued and outstanding shares of EResource Technologies I, LLC , a Silicon Valley based company in consideration for 4,000,000 common shares of the Company at a deemed price of $0.09 per share . EResource is a newly formed private company wholly-owned by Jonas Norr, a Director of the Company , that intends to [...]
Crest Resources Inc. announces that, further to its news release of December 8, 2020, the Company has acquired a total of 1,333,333 common shares of the issued and outstanding share capital of Ecomine Technologies Corp. from each of Michael Collins and Aeternum Asset Advisors, for consideration of 2,898,550 common shares of the Company at a deemed price of $0.115 per share. The Crest Shares are subject to a statutory four [...]
Crest Resources Inc. announces that, further to its news releases of August 6 and December 8, 2020, the Company is pleased to announce that it has acquired a total of 10,566,667 common shares of the issued and outstanding share capital of OCP Holdings, a private investment holding company from each of 1247814 B.C. Ltd., Garry Stock, and Jason Cubitt Holdings Inc., for consideration of 18,647,123 common shares of the [...]