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 [...]
Crest Resources Inc., congratulates Exploits Discovery Corp. on the acquisition and consolidation of ground surrounding its’ wholly owned Jonathan’s Pond Gold Project, located in the Exploits Subzone Gold Belt, Newfoundland and Labrador. Exploits has entered into an agreement with New Found Gold Corp. to acquire 11.25 km² of mineral claims for 6,562,799 shares of Exploits, and a 2% net smelter royalty. The shares are [...]
Crest Resources Inc. announces that the Company continues to pursue the closing of its acquisition of shares of OCP Holdings Ltd., formerly Ore Capital Partners Ltd., as detailed in its news release of August 6, 2020. Closing remains subject to completion of a satisfactory due diligence review. The Company has also entered into share exchange agreements dated December 3, 2020 with each of Michael Collins , the President [...]
Crest Resources Inc. is pleased to announce that all of the resolutions put forth prior to adjournment at its Annual General and Special Meeting of Shareholders held on December 3, 2020 have been approved. The number of Directors was set at four and the Shareholders elected Michael Collins, Jason K. McLaughlin, Garry Stock and Jonas Lauren Norr as Directors. Manning Elliott, LLP was appointed as auditor for the ensuing [...]
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