THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Scottie Resources Corp . is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an underwriting agreement dated June 1, 2021 with Stifel GMP, raising aggregate gross proceeds of .
Article content
VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) announces that it has granted 2,100,000 options to acquire common shares to certain directors and officers of the Company. The options are exercisable at a price of $0.25 per share and are valid for a period of five years.
ABOUT SCOTTIE RESOURCES CORP.
Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and has the option to purchase a 100% interest in Summit Lake claims which are contiguous with the Scottie Gold Mine property. Scottie also owns 100% interest in the Cambria Project properties and the Sulu property. Scottie Resources holds more than 25,000 ha of mineral claims in the Golden Triangle.
Scottie to acquire AUX, merge Golden Triangle properties in BC mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
Scottie and AUX Announce Merger to Consolidate the Stewart Mining Camp in the Golden Triangle
Scottie Resources Corp. and AUX Resources Corporation are pleased to announce that they have entered into a letter of intent dated April 9, 2021 pursuant to which Scottie will acquire all of the issued and outstanding shares of AUX on the basis of one common share of Scottie for each share of AUX. The Transaction will consolidate the contiguous gold-silver exploration assets of Scottie’s Cambria Project and AUX’s …
Scottie Resources Corp. (TSXV: SCOT) (” Scottie “) and AUX Resources Corporation (TSXV: AUX) (OTC: AUXRF) (” AUX “) are pleased to announce that they have entered into a letter of intent dated April 9, 2021 (the ” LOI “) pursuant to which Scottie will acquire all of the issued and outstanding shares of AUX (the ” Transaction “) on the basis of one common share of Scottie for each share of AUX. The Transaction will consolidate the contiguous gold-silver e
Scottie to acquire AUX, merge Golden Triangle properties in BC April 12, 2021
Topics
Scottie Resources (TSXV: SCOT) has entered into a letter of intent with
AUX Resources (TSXV: AUX) for a merger that would consolidate the two companies’ gold-silver holdings in the Stewart mining camp in B.C.’s Golden Triangle into a total of 522 sq. km. Scottie’s acquisition of AUX would expand its Cambria project, which is adjacent to
Ascot Resources’ (TSX: AOT) Red Mountain property, to 274.7 sq. km, from 150 sq. km, and also add grounds adjacent to
Pretium Resources’ (TSX: PVG) Brucejack.
Scottie would acquire all of the AUX shares outstanding by exchanging one share of Scottie for each AUX share. Upon completion, AUX holders would own approximately 31% of Scottie.