Fortune Bay Corp. (TSXV:FOR, FWB:5QN, OTCQB:FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce commencement of work to further advance its 100% owned Goldfields Gold Project (“Goldfields” or the “Project”), located in northern Saskatchewan. A Preliminary Economic Assessment (“PEA”) completed by Ausenco Engineering Canada Inc., in October 2022 (summarized below), has clearly demonstrated robust economics for Goldfields.
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the “Company“, “Sona“) is pleased to announce the issuance of U.S. Patent No. 12117447 by the U.S. Patent and Trademark Office to the Company, entitled, “Metal Nanoparticles and Methods of Making Same“. This patent covers the Company’s proprietary process for manufacturing gold nanorods without the use of the toxic substance, cetyltrimethylammonium bromide (“CTAB”), which typically carries significant cytotoxic and genotoxic risks.
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the “Company“, “Sona“) is pleased to announce the issuance of U.S. Patent No. 12117447 by the U.S. Patent and Trademark Office to the Company, entitled, “Metal Nanoparticles and Methods of Making Same“. This patent covers the Company’s proprietary process for manufacturing gold nanorods without the use of the toxic substance, cetyltrimethylammonium bromide (“CTAB”), which typically carries significant cytotoxic and genotoxic risks.
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the “Company” or “Sona”) is pleased to announce that it has granted 25,000 incentive stock options under the Company’s Stock Option Plan (“Option Plan”) to a consultant. Each option is exercisable into one common share at a price of $0.30 per share and will vest at the rate of 25% every six months. The options will expire five years from the date of grant. All other terms and conditions of the options are in accordance with the terms of the Company’s Option Plan.
Fortune Bay Corp. (TSXV:FOR, FSE:5QN, OTCQX: FTBYF) (“Fortune Bay” or the “Company”) is pleased to report high-grade uranium assays in the first batch of analytical results from its 2024 exploration drilling program on the Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan near Uranium City. The drilling program was funded by Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: 13L0) (“Aero”) under an Option Agreement.
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the “Company” or “Sona”) is pleased to announce that it has closed its non-brokered private placement that was announced on September 5, 2024 with the issuance of 6,575,000 common shares (each, a “Share”) at $0.25 per share (the “Financing”) for gross proceeds of $1,643,750. One Insider of Sona subscribed for 400,000 of those common shares for gross proceeds of $100,000. The subscription to the Financing by one insider of the Issuer is a related party transaction for the purposes of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Issuer is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the fair market value of the insider’s subscription does not exceed 25% of the market capitalization of the Issuer as determined in accordance with MI 61-101. This Financing, together with Sona’s financing that closed on September 5, 2024, totals gross proceeds of $3,143,750.
Antler Gold Inc. (“Antler” or the “Company”) (TSX-V:ANTL) is pleased to announce that it has entered the definitive agreement (the “Definitive Agreement”) with Fortress Asset Management LLC (“Fortress”) for the Erongo Central Gold Project (the “Project”) in Namibia.
The previously announced binding letter of intent has now been superseded by the Definitive Agreement, under which Fortress can acquire from Antler Gold Namibia (Proprietary) Limited up to a 100% interest in the Project (the “Transaction”).
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the “Company” or “Sona”) is pleased to announce that it has closed its non-brokered private placement that was announced on July 31, 2024 with the issuance of 6,000,000 common shares (each, a “Share”) at $0.25 per share, (the “Financing”).
Antler Gold Inc. (“Antler” or the “Company”) (TSX-V:ANTL) is pleased to announce that its subsidiary, Antler Gold Namibia (Pty) Ltd (“Antler Nam”), has signed a binding Letter Of Intent (“LOI”) with Fortress Asset Management LLC (“Fortress” or the “Optionee”), an arms-length private company.
Halifax, Nova Scotia – (Newsfile Corp. August 1, 2024) – E-Tech Resources Inc. (“E-Tech” or the “Company“) (TSX.V:REE) (FSE:K2i) is pleased to announce the closing of its previously announced private placement of 12,000,000 units (each, a “Unit“) at $0.05 per Unit. Each Unit consists of one common share of E-Tech (a “Common Share”) and one-half common share purchase […]