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Amarc Resources

Publié le 16 février 2012

(TSX-V: AHR; OTCBB: AXREF) Financing Increased To $16.25 Million

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Amarc Resources Ltd. (�Amarc� or the �Company�) (TSX Venture: AHR; OTCBB: AXREF) announces that further to its news release on February 14, 2012 the Company has reached agreements in principle to increase the private placement financing from $10 million to approximately $16.25 million on the same terms. Approximately 17% of the financing will be comprised of flow-through shares at a price of $0.50 per share and the remainder will be non-flow through units at a price of $0.45. Each non-flow through unit will consist of one common share and one half warrant, with each whole warrant exercisable to purchase one additional common share at a price of $0.60 for 18 months from the closing of the financing, which is expected on or about February 27, 2012. Fees may be payable on a portion of the financing. The financing is subject to TSX Venture Exchange acceptance.

 

Proceeds from the financing will be used to continue to advance exploration of Amarc�s properties, including on-going delineation drilling at the Newton gold discovery in south-central British Columbia, and for general corporate and working capital purposes.

Delineation drill results from Newton continue to confirm an extensive and robust gold system over an area that currently measures 900 metres by 600 metres and is open to expansion in several directions. The age and geological characteristics of the gold mineralization at Newton demonstrate striking similarities to the mineralization at New Gold's seven million ounce-plus bulk tonnage deposit at Blackwater located to the north (New Gold news release February 2, 2012).

Amarc Executive Chairman Robert Dickinson said, "We are increasingly confident that ongoing drilling at Newton will confirm this deposit as the next major gold discovery in BC's emerging Blackwater-Newton gold belt."�

To view this news release in its entirety please click on the link below or copy and paste it into your web browser

http://www.amarcresources.com/ahr/NewsReleases.asp?ReportID=507332



 

Amarc Resources

EXPLORATEUR
CODE : AHR.V
ISIN : CA0229121094
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Amarc Resources est une société d’exploration minière d'argent et de cuivre basée au Canada.

Amarc Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont NEWTON, PINCHI et BODINE WARREN au Canada.

Amarc Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 18,2 millions CA$ (14,7 millions US$, 12,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 06 septembre 1996 à 4,25 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,02 CA$.

Amarc Resources possède 145 420 000 actions en circulation.

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Rapports annuels de Amarc Resources
Annual Report 2007
Financements de Amarc Resources
08/03/2012(TSX-V: AHR; OTCBB: AXREF) Closes $16.34 Million Financing
16/02/2012(TSX-V: AHR; OTCBB: AXREF) Financing Increased To $16.25 Mil...
15/02/2012(TSX-V: AHR; OTCBB: AXREF) Announces Up To $10 Million Finan...
Nominations de Amarc Resources
27/02/2008APPOINTS VICE PRESIDENT CORPORATE DEVELOPMENT
Projets de Amarc Resources
18/09/2014Amarc provides exploration progress update on IKE porphyry t...
19/09/2013(TSX-V: AHR; OTCBB: AXREF) Provides Exploration Update
07/11/2012(TSX-V: AHR; OTCBB: AXREF) Acquires High Quality Drill Ready...
26/09/2012(Newton)(TSX-V: AHR; OTCBB: AXREF) Announces Initial Mineral Resourc...
25/07/2012(TSX-V: AHR; OTCBB: AXREF) Assembles Bulk Tonnage-Style Silv...
31/05/2012(Newton)(TSX-V: AHR; OTCBB: AXREF) Acquires 100% Interest in the New...
13/07/2011(Newton)(TSX-V: AHR; OTCBB: AXREF): Newton Joint Venture Agreement E...
13/07/2011(Newton)ton joint venture agreement executed
31/05/2011(Newton)(TSX-V: AHR; OTCBB: AXREF) Commences 2011 Exploration Progra...
10/02/2011(Newton) Announces Results from Phase 2 Drill Program at Newton
27/08/2008(Aspira Project)Commences Drilling On the Aspira Property
Communiqués de Presse de Amarc Resources
02/08/2016Amarc and Thompson Creek Progress at Ike on Positive Results
03/09/2015Amarc and Thompson Creek Partner to Advance the Ike Copper P...
27/11/2014Amarc announces $1 million loan & appoints new President
24/11/2014Amarc Reports Significant Copper-Molybdenum-Silver Porphyry ...
12/08/2013American Copper Corp. Acquires Ridgestake Copper-Gold Projec...
05/07/2013and Quartz Mountain Resources Ltd. Amend ZNT & Galaxie Joint...
14/11/2012Provides Exploration Update on Silver Vista Bulk Tonnage Sil...
07/11/2012Acquires High Quality Drill Ready Targets in British Columbi...
28/06/2012(TSX-V: AHR; OTCBB: AXREF) Commences Work on Five Major Targ...
18/06/2012(Newton)(TSX-V: AHR; OTCBB: AXREF) Updates Delineation Drilling At t...
11/04/2012(Newton)(TSX-V: AHR; OTCBB: AXREF): Amarc's Ongoing Delineation Dri...
08/02/2012(Newton)(TSX-V: AHR; OTCBB: AXREF): New Assay Results From Newton ...
23/01/2012(Newton)(TSX-V: AHR; OTCBB: AXREF): Amarc Drilling Continues to Ex...
18/01/2012(TSX-V: AHR; OTCBB: AXREF) Prepares To Drill Major Target at...
09/01/2012(Newton)(TSX-V: AHR; OTCBB: AXREF): Amarc Drilling Continues To Exp...
06/12/2011(Newton)(TSX-V: AHR; OTCBB: AXREF): Amarc Delineation Drilling Sign...
01/08/2008Fact Sheet
23/07/2008 ANNOUNCES CHANGE TO EXECUTIVE TEAM
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