Lancaster Resources is excited to announce the acquisition of two high impact mineral claims in the world-class Athabasca Basin. The two claims are targeting high grade uranium in basement and unconformity type deposits. The two properties, called Catley Lake and Centennial East, at 3,036 ha and 5,081 hea respectively, provide significant exploration opportunities. These strategic acquisitions bolster Lancaster's [...]
In a release issued on Friday, February 9th by Lancaster Resources, please note that the headline should have stated the interim offer was for Nelson Lake, rather than Crestfield Copper as originally announced. The corrected release follows: Lancaster Resources Announces Receipt of Interim Order for Nelson Lake Spin-Off Lancaster Resources is pleased to announce that on February 2, 2024, the Supreme Court of British [...]
Lancaster Resources is pleased to announce that on Feb 2, 2024, the Supreme Court of BC granted an interim order in connection with the proposed spin-off of Nelson Lake Copper by Lancaster by way of Plan of Arrangement. For further information on the Arrangement and the arrangement agreement, please refer to Lancaster's news release dated January 30, 2024. The Interim Order, among other things, directs Lancaster to call [...]
Lancaster Resources Inc. is thrilled to announce the signing of a non-binding letter of intent today with KorrAI Technologies. This strategic partnership aims to redefine the exploration landscape for lithium, uranium, rare earth elements, and other critical minerals, marking a significant milestone for both organizations. The collaboration between Lancaster Resources and KorrAI holds the promise of transforming the [...]
Lancaster Resources Inc. is pleased to announce that it today completed the first tranche of a non-brokered private placement , previously announced on January 19, 2024 The Company has completed the first tranche of the Offering with the issuance of 2,125,000 units, each consisting of one share and one warrant to purchase one common share at a price of $0.08 for three years after issuance. In connection with the Offering [...]
In a release issued under the same headline today by Lancaster Resources, please note that in the second paragraph, the "Record Date" has been changed to Feb 5, 2024, and in the fourth and tenth paragraphs, the "Meeting" date has been corrected to March 15, 2024. The corrected release follows: Lancaster Resources is pleased to announce that further to the Spin-Off Agreement announced on January 2, 2024, the Company has [...]
Lancaster Resources is pleased to announce that further to the Spin-Off Agreement announced on Jan 2, 2024, the Company has entered into an arrangement agreement dated January 29, 2024 which outlines the terms and procedures for a plan of arrangement with its wholly owned subsidiary Nelson Lake Copper whereby the Company intends to spin off the majority of its holdings in Nelson Lake by issuing a stock dividend of Nelson [...]
Lancaster Resources Inc. is pleased to announce that it is offering a non-brokered private placement for aggregate gross proceeds of up to $200,000 . The Offering will consist of up to 4,000,000 units at an issue price of $0.05 per unit, with each unit comprised of one common share and one common share purchase warrant. Each warrant will be exercisable into one common share of the Company at an exercise price of $0.08 per [...]
Lancaster Resources is pleased to provide an update on the significant progress of the Alkali Flat Lithium Brine Project in Lordsburg, New Mexico, and the strategic steps being taken to explore this flagship property. Also, through an amendment to the spin-off agreement signed between Lancaster and Nelson Lake, the record date for the Spin-Off transaction has been set for February 5, 2024. CEO's Statement: "Our unwavering [...]
Lancaster Resources announces entry into a Spin-Off Agreement with Lancaster's wholly owned subsidiary Nelson Lake Copper Corp. to spin off a majority of its interest in Nelson Lake Copper to Lancaster Resources shareholders. Incorporated on December 15, 2023, and extra-provincially registered in Saskatchewan, Nelson Lake has a 100% interest in the Nelson Lake Copper property. The Nelson Lake Copper property is adjacent [...]
Lancaster Resources Inc. is pleased to announce the successful completion of a pivotal regulatory site visit at its Alkali Flat Lithium Brine Project in New Mexico. The site visit, conducted on November 14, included key staff from the Bureau of Land Management and the Energy, Minerals and Natural Resources Department. During the visit, the Lancaster team, alongside representatives from BLM and EMNRD, conducted a thorough [...]
Lancaster Resources is pleased to announce the administrative approval of its maiden drill program at its Alkali Flat Project. The New Mexico MMD has declared Lancaster’s Minimal Impact Exploration Permit Application for its Phase 1 Exploration Drilling at the Alkali Flat Lithium Brine Project to be administratively complete, marking a significant step forward in this pioneering exploration effort.
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