Record Resources Inc. reports that is has closed its previously announced financing . Record has closed a $330,000 LIFE Offering and $107,000 first tranche of a Private Placement. The combined Offering raised totals proceeds of $437,000 through the issuance of 14,566,665 Units. Each Unit, priced at $0.03, consisted of one common share and one half-share purchase warrant of the company. Each whole warrant is exercisable at [...]
Record Resources announces that it is actively working with the TSXV to address supplementary information requests regarding the final agreement. This collaborative process underscores Record's commitment to transparency and its focus on maintaining the highest standards of corporate governance. As initially disclosed on November 21, 2024, Record Resources entered into an arm's-length agreement with a private exploration [...]
Record Resources reports that the company filed restated Q3 2024 financial statements with the corresponding management discussion & analysis. The decision follows a review that amends the accounting treatment of the company's Kirkland Lake Gold exploration properties, which impacted the previously reported figures and has led to the need for this correction. As a result, the previous Q3 2024 financial statements and the [...]
Record Resources wishes to clarify the previously announced use of proceeds from its financing referenced in the company's November 21, 2024 news release. The company intends to use a portion of the funds raised from the financing for its Amikougami and Otto gold exploration properties in the Kirkland Lake, Ontario region. The preliminary projected budget includes the following: Preparation of road access to properties [...]
Record Resources Inc. reports that the company is increasing the total size of its financing it is presently undertaking via a LIFE offering by adding a separate private placement. Under the terms of the newly announced private placement, the company is offering up to 5,000,000 Units. Each Unit consists of a $0.03 common share and one-half of one share purchase warrant exercisable at a price of $0.05 per share for a [...]
Record Resources Inc. is pleased to announce the acquisition of a pivotal western geological extension in Ontario, building upon Quebec Innovative Materials Corp. 's landmark Quebec hydrogen discovery along the western geological regional trend. This strategic acquisition solidifies Record Resources' position as the Ontario leader in renewable hydrogen exploration and strengthens its commitment to advancing sustainable [...]
Record Resources reports it is acquiring a 100 percent interest in 27 mineral claims in the Timiskaming area of Ontario near recent hydrogen discoveries. The claims, known as the Paradis Bay claims, are located five kilometres west of the town of Ville Marie, Quebec, near the claims held by Quebec Innovative Materials Corp and border the town of Paradis Bay, Ontario. The claims are being acquired in an arms-length [...]
Record Resources Inc. reports it has acquired an option on a copper property in Quebec. The option is on six claims known as the La Sarre Copper Property located 81 kilometres north of Rouyn-Noranda. It is owned by privately-held exploration company, 2758145 Inc. Historical drilling by Chamberlin Management Corp. on the La Sarre property in 1947 encountered copper rich sulphides that "assayed up to 0.15 ounces per ton [...]
Record Resources reports that it has acquired more uranium properties. Record Resources has entered into option agreements with two private exploration companies to explore for uranium on an additional 200 claims. The claims are contiguous or in close proximity to the company's 16,320 hectare Malborne block. "This is an acquisition of more highly prospective ground for uranium," said Record Resources CEO, Michael Judson [...]
Record Resources reports it has acquired an option on a large package of uranium claims northeast of Thunder Bay. The option covers a large area known as the Malborne property and is owned by privately-held exploration companies, 2758145 Inc and 1170331 BC Ltd. The land package consists of 780 claims stretching over 16,320 ha and is located 110 km northeast of Thunder Bay. "The rocks in this land package, the Malborne [...]
Record Resources reports that it has received approval from the TSX Venture Exchange to acquire an option agreement on the Grenfell gold property in exchange for shares. As previously disclosed in a September 11, 2022 company news release, a non-arms-length transaction with Pelangio Exploration is pursuant to a conveyance agreement executed on August 23, 2022. The transaction was considered a related party transaction as [...]
Record Resources Inc. has clarified its application to the Alberta Securities Commission, as principal regulator, and its additional regulators, to approve a temporary management cease trade order under National Policy 12-203 - Management Cease Trade Orders . If granted, the MCTO will prohibit the trading in securities of the Company by its Chief Executive Officer, Chief Financial Officer, so long as the required filings [...]
+77,78 %
-86,89 %
