Straightup Resources Inc. is pleased to announce that it will be proceeding with a private placement consisting of the sale of up to 7,000,000 units at $0.05 each. Each unit will consist of one common share and one two-year non-transferable share purchase warrant entitling the holder to acquire an additional common share of the Company for $0.05. Of the 7,000,000 units, 5,000,000 will be sold pursuant to the listed issuer [...]
Straightup Resources Inc. is pleased to announce the appointment of Barry Wattenberg to the Company's Board of Directors. Mr. Wattenberg brings experience in securities compliance, workforce management, as well as executive and boardroom positions. A graduate of Carnegie- Mellon University in 1977, Mr. Wattenberg held securities licensed positions ranging from Chief Compliance Officer, Market-Maker to Chief Operating [...]
Straightup Resources Inc. is pleased to announce that they have secured a Letter of Credit for $500,000.00 CAD with Imarkin Investments PTY Limited, a private investments firm based in Melbourne, Australia that is controlled by the Company's Chief Financial Officer. The LOC carries an interest rate of 10% and is convertible, at the lender's option, into units at $0.05 with each unit consisting of one common share and a [...]
Straightup Resources Inc. is pleased to announce the appointment of Matthew Markin as Chief Financial officer and Director and the appointment of Mark Brezer as Chief Executive Officer and Director effective immediately, Daniel Cruz will remain a director of the company. In their new roles, Mr. Markin and Mr. Brezer will oversee all financial and operational activities of the company. "Both myself and Mark would like to [...]
Straightup Resources Inc. is pleased to announce that it has paid its 3rd Option cash payment to Bounty Gold Corporation. Under the agreement, the Company is required to make cash payments over 4 years for an aggregate amount of CDN $150,000 for its flagship properties, including the RLX North, RLX South and Belanger Projects, located within the Red Lake Mining District of Ontario. Under the Option Agreement, the Company [...]
Straightup Resources Inc. is pleased to accept as Executive Chairman & Director, Mr. Matthew Markin. Mr. Markin brings 25 years of experience leading corporate teams for multi-million dollar companies across various industries and has led corporate sales, investment banking teams and real estate development and construction divisions. He is currently the President and CEO of Markin Capital Group, Ltd., a full-service [...]
Straightup Resources Inc. announces that the Company will amend the expiry date of an aggregate of 2,907,084 outstanding common share purchase warrants that are currently exercisable to acquire common shares of the Company at a price of $0.20 until April 29, 2022. Under the Amendment, the term of the Warrants will be extended by an additional twelve months such that they will now be exercisable until April 29, 2023. Any [...]
Straightup Resources Inc. is pleased to announce that it has entered into a Purchase Option Agreement dated January 20, 2022 with each of 1544230 Ontario Inc. on behalf of Perry English and Gravel Ridge Resources Ltd. providing the Company the exclusive right and option to acquire from the Optionors a 100% undivided interest in the Ranger/Otter mining project located in Red Lake, Ontario subject only to a 1.5% net smelter [...]
Straightup Resources Inc. announces that, further to its earlier news releases, it has closed the fourth tranche of its non-brokered private placement. The Company raised a total of $275,000 through the issuance of 1,375,000 units at a price of $0.20 per unit . Each Unit consists of one common share and one-half of one transferable common share purchase warrant. Each whole warrant entitles the holder to purchase one [...]
Straightup Resources Inc. announces that, further to its earlier news releases, it has closed the third tranche of its non-brokered private placement . The Company raised a total of $220,000 through the issuance of 100,000 flow through common shares at a price of $0.20 per flow through share and 1,000,000 units at a price of $0.20 per unit . Each Unit consists of one common share and one-half of one transferable common [...]
Straightup Resources Inc. announces that, further to its news releases of January 10th and January 24th, 2022, the Company has amended the price of the warrants forming part of the units from $0.30 to $0.20 per Warrant. Each Unit in the private placement consists of one common share and one-half of one transferable common share purchase Warrant. Each whole Warrant, as amended, entitles the subscriber to purchase one [...]
Straightup Resources Inc. announces that it has closed the first and second tranche of its non-brokered private placement announced on January 10, 2022 . The Company raised a total of $255,000 through the issuance of 150,000 flow through common shares at a price of $0.20 per flow through share and 1,125,000 units at a price of $0.20 per unit . Each Unit consists of one common share and one-half of one transferable common [...]