Loyalist Exploration is pleased to announce the appointment of Errol Farr, CPA, CMA as President and CEO. Mr. Farr is a seasoned financial and mining professional with over 35 years of experience in financial management, operations, business optimization and strategy development. He is the former CFO of MagIndustries Inc., where he led its finance department and the development of its 68,000-hectare forestry operation. He [...]
Loyalist Exploration is pleased to announce the appointment of Errol Farr, CPA, CMA as a director to fill the vacancy on the board created by the retirement of a prior board member previously disclosed. Mr. Farr is a seasoned financial and mining professional with over 35 years of experience in financial management and reporting, operations, business optimization, and strategy development. He is the former CEO of Adex [...]
Loyalist Exploration intends to close a brokered private placement financing of CAD$170,000.00, consisting of 17,000,000 units priced at CAD$0.01 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for five years at $0.05. The Private Placement will be conducted in reliance upon certain prospectus exemptions. The proceeds of the Private Placement will be used for working [...]
Loyalist Exploration wishes to announce that David Drinkwater, the Chairman of the Board and a director of the Company has retired from his positions as Chair of the Board and a director of the Company. Mr. Drinkwater said, “I have enjoyed my tenure, but it is time for me to retire.” John F. O’Donnell, Interim Chief Executive Officer, thanked Mr. Drinkwater for his past service to the Company and told him, “I have enjoyed [...]
PNG Copper Inc. The Company filed articles of amendment to change its name to Loyalist Exploration Limited and will commence trading on the CSE under its new name on Oct 19. It will retain the trading symbol "PNGC". Its new CUSIP number is 54900M109. There is no change in the share capital structure, just the change of name which was overwhelmingly approved by the shareholders at the recent annual meeting of shareholders [...]
PNG Copper is pleased to announce the results of its annual and special meeting of shareholders held July 11, 2023. Shareholders approved all matters recommended by management, including: the election of David Drinkwater, John O'Donnell and Steve Balch as directors of the Company; the reappointment of McGovern Hurley LLP as the Company's auditors; a special resolution authorizing the change of the Company's name to [...]
PNG Copper is pleased to announce that Eric Plexman has been appointed as Chief Financial Officer and Secretary of the Company to replace Paul Rokeby who is retiring and resigning as Chief Financial Officer and director to be able to spend more time on other activities. The Company would like to express its appreciation to Mr. Rokeby for his past contributions to the Company. The Company has granted a total of 6,000,000 [...]
PNG Copper Inc. is pleased to announce that the Company has given notice terminating the Mount Suckling option agreement relating to the exploration properties in Papua New Guinea. All activity in that regard will cease. As a result, Steve Grey and Andrew Morris have resigned as Directors of the Company and David Lindley has resigned as interim Chief Executive Officer. Steve Grey has indicated the intention to sell the [...]
PNG Copper Inc. is pleased to announce that it has closed the second and final tranche of a brokered private placement financing announced on January 27, 2023 . The first tranche of the Financing raised gross proceeds of $183,000 from the issuance of 18,300,000 units at a price of $0.01 per Unit. This final tranche of the Financing raised gross proceeds of $317,000 from the issuance of 31,700,000 Units at a price of $0.01 [...]
PNG Copper is pleased to announce that it has now filed its financial statements and related management discussion and analysis for the period ending September 30, 2022. On Nov 15, 2022, the Company announced that it would not be able to file the Required Filings by the filing deadline, Nov 29, 2022. In connection with the delay, the Company applied to the Ontario Securities Commission requesting a management cease trade [...]
PNG Copper announces that further to its news release dated Nov 15, 2022, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on Nov 30, 2022, under National Policy 12-203 Management Cease Trade Order. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim financial [...]
PNG Copper announces that further to its news release dated Nov 15, 2022, the Company's principal regulator, the Ontario Securities Commission granted a management cease trade order on November 30, 2022, under National Policy 12-203 Management Cease Trade Orders. Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities of the Company until such time as the Company files its interim [...]
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