Greenhawk Resources is pleased to announce that it has agreed to terms for the amendment and restructuring of the existing $2,700,000 convertible debenture it holds of CG International Petroleum. CGIP has agreed to terms for a secured debenture facility with a third-party lender, which will provide financing for the development and testing of its oil and gas wells at its Doba Basin, Chad project. Key Terms of the [...]
Greenhawk Resources is pleased to announce that it has purchased a C$2,700,000 debenture from CG International Petroleum. In connection with the Debenture, CGIP and Greenhawk have executed a letter of intent dated March 11, 2024 and accepted by CGIP on March 14, 2024, whereby the Company will receive a farm-in option for up to twelve oil and gas exploration and development wells in the Doba Basin, Chad . The wells are [...]
Greenhawk Resources is pleased to announce that it has commenced logistical planning for 2022 exploration activities at its 100% owned Stor? Project in Greenland. The exploration potential of the Stor licence has been demonstrated through several exploration and sampling campaigns. The most prospective location in the licence is considered to be the Qingaaq Mountain area, where exploration was focussed between 2005 and [...]
Greenhawk Resources wishes to announce that Greg McKenzie, CEO, and Tom English, Director, have collectively acquired 22,000,000 common shares in the capital of the Company at a price of $0.045 per Acquired Share for an aggregate purchase price of $990,000. The Acquired Shares were purchased in a private transaction with Greenland Resources Inc. pursuant to the private agreement exemption from the formal take-over bid [...]
Greenhawk Resources announces the grant of an aggregate of 4,000,000 stock options to directors and an officer of the Company, in accordance with the Company's incentive stock option plan. All options vest on the date of grant, today, June 25, 2021, and each option entitles the holder thereof to purchase one common share of Greenhawk at a price of $0.20 per common share for a period of five years from the date of grant [...]
Cryptologic Corp. is pleased to announce that it has closed the previously announced acquisition of Copenhagen Minerals Inc. pursuant to the amended and restated share purchase agreement dated May 21, 2021 with Greenland Resources Inc., Copenhagen, RSG Mining Corp. and certain other parties. Copenhagen owns 100% of a mineral exploration license known as the Storø Gold Project, located in Greenland.
Cryptologic Corp. is pleased to announce that it has entered into an amended and restated share purchase agreement dated May 21, 2021 with Greenland Resources Inc, RSG Mining Corp and certain other parties to acquire 100% of the outstanding shares of the Seller’s wholly-owned subsidiary, Copenhagen Minerals Inc, which owns 100% of a mineral exploration license known as the Storø Gold Project, located in Greenland. The [...]
Cryptologic Corp. announces that it has extended the outside date for closing the proposed acquisition of Copenhagen Minerals Inc., which owns 100% of a mineral exploration license known as the Storø Gold Project from May 15, 2021 to May 31, 2021. Completion of the Proposed Acquisition remains subject to a number of closing conditions, including the approval of the CSE. There can be no assurance that the Proposed [...]
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