CANEX Metals Inc.Gold Basin Resources Corp. October 20 - Vancouver, British Columbia: Gold Basin Resources Corporation is a reporting issuer or equivalent in the provinces of British Columbia, Alberta and Ontario, and files its continuous disclosure documents and other documents with the securities regulatory authorities of those provinces. Such documents are available through the SEDAR+ website at www.sedarplus.ca. The [...]
Gold Basin Resources Corp. - is pleased to provide an update on the Farm-In with ASX listed Helix Resources Ltd. with Formal Agreements being finalized in accordance with the Binding Letter Agreement previously announced, whereby HLX can earn a minority interest in the Gold Basin Project oxide gold project . As previously stated, the key terms of the Agreement are as follows: HLX can earn a minority interest of up to 40 [...]
CANEX Metals announced today that it intends to make a formal offer to acquire all of the issued and outstanding shares of Gold Basin Resources in an all-share transaction. CANEX is also announcing a non-brokered private placement of up to $1,000,000 to advance the merger opportunity and for exploration and general working capital. Intention to Make a PREMIUM Offer for Gold Basin Our proposed offer values Gold Basin at [...]
Gold Basin Resources Corp. - today announced that a binding farm-in agreement has been executed with ASX listed Helix Resources Ltd. whereby HLX can earn a minority interest in the Gold Basin Project oxide gold project . The key terms of the farm-in are as follows: HLX can earn a minority interest of up to 40% of the Project . HLX will spend up to $AUD3 million over 2 years with the first $1AUD million earning an initial [...]
Gold Basin Resources Corp. - today provided a corporate update. The Option Agreement on the New Pass Property in Nevada has been terminated. Mr. Stephen Pearce has joined the Board as a Director and has also replaced Mark Lotz as CFO and Corporate Secretary. Mr. Colin Smith has resigned as CEO with Charles Straw, Director and President, being appointed interim CEO. Charles Straw, President, Director and interim CEO of the [...]
Gold Basin Resources provided a corporate update. The Option Agreement on the New Pass Property in Nevada has been terminated. Mr. Stephen Pearce has joined the Board as a Director and has also replaced Mark Lotz as CFO and Corporate Secretary. Mr. Colin Smith has resigned as CEO with Charles Straw, Director and President, being appointed interim CEO. Charles Straw, President, Director and interim CEO of the Company [...]
Gold Basin Resources Corp. - today announced the resignation of Michael Povey from the Company's Board of Directors. Mr. Povey will remain a technical advisor given his extensive knowledge of the project. Charles Straw, President and Director commented: "We thank Mr. Povey for his efforts since the IPO of Gold Basin and wish him the best in his future endeavors." Gold Basin Resources Corporation is advancing the 42 km2 [...]
Gold Basin Resources Corp. - today announced that that it has obtained an unsecured loan in the aggregate principal amount of USD $500,000 from Charrua Capital, LLC, an arm's length lender . The Loan has a maturity date of August 21, 2025 and will bear interest at a rate of 15% per annum. The Loan shall be advanced by the Lender in two tranches, the first USD $250,000 tranche within 10 business days of the execution of [...]
Vancouver, British Columbia: Gold Basin Resources Corp. - today announced the completion of its Q2/Q3 resource expansion and delineation reverse-circulation drill program, and reported additional broad oxide gold intercepts at the Company's 100%-owned Gold Basin oxide gold project in northwestern Arizona . Highlights: RC drill program is complete, with a total 22 holes in 3,640 meters drilled at the Stealth Deposit and [...]
Gold Basin Resources Corp. - announces that it has entered into debt settlement agreements with current and former directors of the Company whereby, subject to acceptance for filing by the TSX Venture Exchange , the Company will issue an aggregate of 2,416,519 common shares in the capital of the Company , at a deemed price of $0.05 per Settlement Share, in consideration for the settlement of an aggregate of $120,826 in [...]
Vancouver, British Columbia: Gold Basin Resources Corp. - today announced additional reverse-circulation drill assay results from the ongoing resource expansion and delineation drill program at the Company's 100%-owned Gold Basin oxide gold project in northwestern Arizona . Highlights: Drill hole ST24-031 returned a broad, near-surface, high-grade oxide gold intercept at the Stealth Deposit : 51.8 meters @ 1.31 g/t Au [...]
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