Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Expedition Mining Inc.

Publié le 26 juin 2014

Expedition Mining Signs Agreement to Acquire Private Company Holding Rights to Earn Interests in Burkina Faso Gold Properties

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Burkina Faso |

Expedition Mining Signs Agreement to Acquire Private Company Holding Rights to Earn Interests in Burkina Faso Gold Properties

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) - Expedition Mining Inc. (TSX VENTURE:EXU) (the "Company") reports it has signed an agreement with 0909189 B.C. Ltd. to acquire all of the outstanding shares of 0909189 B.C. Ltd. by issuing one share of Expedition Mining for each share of 0909189 B.C. Ltd. and paying the sum of CDN $125,000 to 0909189 B.C. Ltd. 0909189 B.C. Ltd. presently has six million shares issued and outstanding. The agreement allows the Company to review the results of the current exploration and drilling on two properties. After viewing the results, the Company has the right to cause 0909189 B.C. Ltd. to exercise its options as to one or both of two properties or to terminate the agreement and forfeit the CDN $125,000 as a breakup fee.

0909189 B.C. Ltd. has the right to acquire a 100% interest in the Kadjoa property subject to the following conditions:

1. Payment to the optionor of US $25,000, on or before August 5, 2014

2. Payment of a further US $50,000, on July 30, 2015

3. Payment of a further US $100,000, on July 30, 2016

4. Payment of a further US $1 Million, on July 30, 2017

5. Payment to the optionor of a 2% NSR on any commercial mineral production based on net sales of minerals from the property.

Subject to the TSX Venture Exchange approval, Expedition will proceed with a placement of up to 10 million shares at $0.05 per share, post consolidation. Proceeds of that offering will be used to fund work on one or both Burkina Faso properties and for general working capital.

Expedition Mining Inc. (TSX VENTURE:EXU) is a publicly held Canadian exploration company focused on acquiring, exploring and developing gold properties located in favourable geo-political climates. The company is led by a highly skilled, experienced board and management team with significant successes in managing early stage mineral exploration companies. For additional information concerning Expedition Mining Inc. or its various exploration projects please visit Expedition's website at www.expeditionmining.com.

CAUTION REGARDING FORWARD LOOKING STATEMENTS:

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Expedition Mining to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and potential development of any of its properties, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold. Although Expedition Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Expedition Mining does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

ON BEHALF OF THE BOARD:

Ronald Atlas, President & Chairman of the Board

Expedition Mining Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Standard & Poor's Listed

Issued Share Capital: 11,667,367

Lire la suite de l'article sur finance.yahoo.com
Données et statistiques pour les pays mentionnés : Burkina Faso | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Burkina Faso | Tous

Expedition Mining Inc.

EXPLORATEUR
CODE : EXU.V
CUSIP : 30212V102
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Expedition Mining est une société d’exploration minière d'uranium basée au Canada.

Expedition Mining détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont TACT GOLD PROJECT et POSTVILLE au Canada.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Communiqués de Presse de Expedition Mining Inc.
06/10/2015IIROC Trading Halt - EXU
12/03/2015IIROC Trading Resumption - EXU; AYB.H; NNO; DE
10/02/2015IIROC Trading Halt - EXU
23/09/2014Expedition Mining Seeks to Enter the Cannabis and Hemp Indus...
19/09/2014Expedition Mining Appoints Galine Director
28/08/2014Expedition Mining Receives Extension on Burkina Faso Options
26/06/2014Expedition Mining Signs Agreement to Acquire Private Company...
04/06/2014Expedition Mining Approves Share Consolidation
29/05/2014Expedition Mining Announces Drill Results on Long Canyon Gol...
18/03/2014Expedition Mining Announces Drilling Commences on Long Canyo...
19/09/2007and Silver Spruce Resources to Proceed with Joint Venture in...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (EXU.V)
0,025+0.00%
TSX-V
CA$ 0,025
29/05 15:57 -
0%
Cours préc. Ouverture
0,025 0,025
Bas haut
0,025 0,025
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,025 -16,67%
Volume var. 1 mois
1 000 -16,67%
24hGold TrendPower© : -21
Produit
Développe
Recherche Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 21/12/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,70 AU$-0,65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
12,26 US$+2,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$-1,86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,23 CA$+4,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+4,26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,20 AU$+2,63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,88 CA$+0,53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,71 US$+0,19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :