Vancouver, British Columbia (Newsfile Corp. - April 26, 2021) - Flow Metals Corp. Flow Metals or the Company ) is pleased to report an agreement with Go Metals Corp. on the Ashuanipi gold project in eastern Quebec near the Labrador border in the traditional territory of both the Innu Nation of Matimekush-Lac John and the Naskapi Nation of Kawawachikamach.
Go Metals will earn in on the project through funding exploration. The terms are as follows: $200,000 exploration dollars will earn 40% $200,000 exploration dollars will earn an additional 20% Flow Metals has the option to create a Joint Venture or Go Metals may spend an additional $400,000 to earn a final 20%
Vancouver, British Columbia (Newsfile Corp. - February 18, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ( Pacific Ridge or the Company ) announces its plans to issue up to 8,000,000 units in a flow-through private placement at a price of $0.142 per unit ( FT Unit ) for gross proceeds of $1,136,000 (the Financing ). DELPHI Unternehmensberatung Aktiengesellschaft ( DELPHI ) intends to acquire all of the FT Units. I would like to thank DELPHI for their vote of confidence, said Blaine Monaghan, President and CEO of Pacific Ridge. With this investment, DELPHI will become Pacific Ridge s largest shareholder. Proceeds from this Financing will be used to drill our flagship Kliyul copper-gold project, located in British Columbia. The drill program is expected to commence this summer.