Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce that it has closed the final tranche of its previously announced private placement financing of C$2.5 million , originally announced on October 19, 2022. As previously announced, under the first tranche of the Offering, the Company has issued an aggregate of 15,635,790 units of the Company at a price of C$0.11 per Unit to raise [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce the filing of a Technical Report entitled "Kili Teke Cu-Au Project, Papua New Guinea" with an effective date of January 12, 2023 . The report relates to the Company's proposed acquisition from Harmony Gold Exploration Limited of the Kili Teke project, initially disclosed on April 6, 2022. The Technical Report was authored by [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on its exploration campaign at our KRL North site adjacent to K92. KRL also provides an update on the definition of drilling targets at KRL North, anticipated to start in H1 2023. Highlights: Key highlights include the following: KRL remains focused on the potential for high-grade Au mineralisation to extend from the [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its interim results for the nine months ending September 30, 2022, a copy of which is available for review in the "Investors" section of the Company's website. Key aspects to report over the period include the following : Financial Update Prudent management of capital resources continued in Q3 2022, during the 9 [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company is pleased to announce the results from its annual general meeting of shareholders virtually held on November 16, 2022. Shareholders voted as follows on the matters before the Meeting. Election of Directors All four of the nominees listed in KRL's management information circular dated October 20, 2022, that were proposed by management for election to [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce that it has closed the first tranche of its previously announced private placement financing of C$2.5 million , originally announced on October 19, 2022. Under the first tranche of the Offering, the Company has issued an aggregate of 15,635,790 units of the Company at a price of C$0.11 per Unit to raise gross proceeds of [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce a financing to raise up to C$2.5 million . Specifically, KRL announces a non-brokered private placement for up to 22,727,273 units of the Company at a price of C$0.11 per Unit for aggregate gross proceeds of up to C$2.5 million. Each Unit will be comprised of one common share of the Company and one common share purchase warrant [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold exploration company, announces that it has changed auditors from Davidson & Company LLP to Smythe LLP , effective September 16, 2022. At the request of the Company, Davidson & Company has resigned as of the effective date of September 15, 2022. Smythe has been appointed as the successor auditor. In accordance with National Instrument 51-102 - Continuous Disclosure [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on regional exploration progress at the Ontenu area of interest, KRL South project. Historic field work in combination with detailed analysis from the Company's airborne geophysical survey demonstrates the Ontenu area hosting several highly prospective Cu-Au targets . Highlights Key highlights include the following: a [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on its progress towards the Company's 100% acquisition of the advanced development Kili Teke Copper-Gold Project . Highlights The Kili Teke acquisition remains on track with KRL and Harmony Gold Exploration Limited working through conditions precedent for closing, including: finalising an NI43-101 Technical Report [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to report the filing of its second interim results for the 6 months ending June 30, 2022, a copy of which is available for review in the "Investors" section of the Company's website. Key aspects to report over the period include the following : Financial Ongoing prudent management of capital resources in H1 2022: capitalised expenditure on [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to announce outcomes from the recently completed airborne geophysical survey conducted over both its KRL North and KRL South projects. The completion of airborne geophysical surveying and analysis over the Kainantu region supports the highly prospective nature of the KRL tenement portfolio for porphyry Cu-Au and epithermal Au deposits [...]
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