Element 29 Resources Inc. is pleased to announce the appointment of Ricardo Labó as the Company's Country Manager for Peru, effective immediately. Brian Booth, President & CEO of Element 29 comments, "We are excited to have someone with Ricardo's extensive experience join the Element 29 team. His depth of experience working throughout Peru's mining sector will be invaluable as we advance our two highly prospective [...]
Element 29 Resources Inc. today provides an update and summary of its Flor de Cobre copper project located in Southern Peru. Flor de Cobre has two main porphyry copper centres, Candelaria and Atravezado, which are located in the prolific Paleocene Southern Peru Copper Belt, known to host several of the world's tier-1 porphyry copper deposits including Cerro Verde, Cuajone, Quellaveco, and Toquepala. Flor de Cobre [...]
Element 29 Resources Inc. is pleased to announce the appointment of Dr. Paul Johnston as the Company's Vice-President, Exploration effective immediately. Brian Booth, President & CEO of Element 29 comments, "We are excited to have someone with Paul's extensive experience join the Element 29 team to advance our porphyry copper projects in Peru. As the former Chief Geologist of Globetrotters Resource Group Inc., Paul was [...]
Brian Booth, President, CEO & Director, Element 29 Resources Inc. , shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit [...]
Element 29 Resources Inc. provides an update and summary of its wholly-owned Elida Copper Project located in central Peru. Elida is a large porphyry copper-molybdenum-silver system discovered in 2015. Elida Highlights 2015 drilling consists of 18 diamond drill holes totalling 9,880 metres . See Figure 1. All holes intercepted Cu-Mo-Ag mineralization. Highlight hole intercepted 503 m of 0.42% Cu, 0.046% Mo, 3.23 g/t Ag [...]
Element 29 Resources Inc. has, subject to regulatory approval, retained Independent Trading Group (ITG) Inc. to provide market-making service and to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by ITG, a registered broker, in compliance with the applicable policies of the TSX-V and other applicable laws. For its services, E29 [...]
Element 29 Resources Inc. today announced the successful closing of its initial public offering of an aggregate of 13,310,400 units of the company at a price of $0.50 per Unit for gross proceeds of $6,655,200. Each Unit comprises of one common share in the capital of the Company and one-half of one common share purchase warrant of the Company. Each Warrant is exercisable into one common share of the Company at an exercise [...]
Element 29 Resources Inc. today announced that it has obtained a receipt for its final prospectus filed with the securities regulatory authorities in the provinces of BC, Alberta and Ontario, in connection with the initial public offering of a minimum of 10,000,000 units of the company and a maximum of 20,000,000 Units at a price of $0.50 per Unit for minimum gross proceeds of $5,000,000 and maximum gross proceeds of [...]
Element 29 Resources Inc. is pleased to announce that it has filed a preliminary prospectus in connection with a proposed initial public offering of units of the Company. Pursuant to the IPO, the Company intends to raise minimum gross proceeds of $5,000,000 and maximum gross proceeds of $10,000,000. The number of Units to be sold and the price per Unit in connection with the IPO have not yet been determined. Each Unit is [...]
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