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Serengeti and Sun Metals Announce Final Order


Serengeti”) and Sun Metals Corp. (TSX-V: SUNM) (“
Sun Metals”) are pleased to announce that Sun Metals has obtained the final order from the Supreme Court of British Columbia with respect to the previously announced proposed plan of arrangement, pursuant to which Serengeti will acquire all of the issued and outstanding shares of Sun Metals, on the basis of 0.215 of a post-Consolidation (as defined below) Serengeti share for each Sun Metals share, which is 0.43 of a pre-Consolidation Serengeti share for each Sun Metals share on a pre-Consolidation basis (the “Transaction”).
The Transaction was approved by Serengeti shareholders and Sun Metals securityholders at their respective meetings on February 26, 2021 and subject to receipt of all requisite approvals, including final TSX Venture Exchange approval, and waiver or satisfaction of all relevant conditions, closing of the Transaction is expected to be on or about March 5, 2021. ....

United Kingdom , British Columbia , Steve Robertson , David Moore , Brian Neill , Mark Odea , Davidw Moore , Lauren Mcdougall , Richard Bailes , Lewis Lawrick , Teodora Dechev , Sean Tetzlaff , Supreme Court , Sun Metals The Companies , Serengeti Resources Inc , Sun Metals Corp , Copper Corp , Venture Exchange , Regulation Services Provider , Serengeti Resources , Sun Metals , Consolidation Serengeti , Northwest Copper , Marko Dea , Executive Chairman , Interim President ,

Pacific Ridge Exploration Ltd.: Pacific Ridge Announces Redton Drill Results and Provides Exploration Update


Pacific Ridge Exploration Ltd.: Pacific Ridge Announces Redton Drill Results and Provides Exploration Update
Vancouver, British Columbia (Newsfile Corp. - December 11, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ( Pacific Ridge or the Company ) reports on results of a single diamond drill hole, RTN-20-01, located 2.5km north of the Kwanika Central Zone at the road accessible Redton North target. The drill hole tested a 550 m by 250 m magnetic and IP chargeability anomaly and coincident copper-molybdenum soil anomaly located 2.5 km north of Serengeti Resources Inc. s ( Serengeti ) Kwanika Central Zone deposit
1. The drill hole encountered a magnetite-bearing mafic intrusive with a minor amount of quartz, potassium feldspar, chlorite, calcite, gypsum and epidote veining, moderate to strong chlorite alteration and local serpentinization. No significant copper or gold assays were encountered. The ubiquitous presence of magnetite as well as strong magnetic susceptibil ....

British Columbia , United Kingdom , North Vancouver , Danette Schwab , Geraldg Carlson , Pacific Ridge , National Instrument , Pacific Ridge Exploration Ltd , Sun Metals Corp , British Columbia Newsfile Corp , Exploration For The Company , Serengeti Resources Inc , Regulation Services Provider , Venture Exchange , Ridge Exploration , Kwanika Central Zone , Redton North , Serengeti Resources , Sun Metals , Redton East , East Swan , Kwanika South Zone , Catchment Basin Target , Vice President Exploration , Eureka Dome , Gold Cap ,