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Strongbow Exploration Inc.

Publié le 12 mars 2015

Strongbow Increases Private Placement Financing from $500,000 to $1 Million

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Strongbow Increases Private Placement Financing from $500,000 to $1 Million

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 12, 2015) - Strongbow Exploration Inc. (TSX VENTURE:SBW) announces that it intends to increase the non-brokered private placement financing announced on March 10, 2015 from a minimum of $500,000 to an amount of up to $1 million.

The non-brokered private placement will comprise up to 10,000,000 Units at a price of $0.10 per Unit for total gross proceeds of up to $1,000,000. Each Unit will consist of one common share and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one share of Strongbow at a price of $0.20 for a period of 24 months from the closing date of the financing.

It is anticipated that insiders of Strongbow will also participate in the private placement on the same terms and conditions as arm's length subscribers. Strongbow may pay commissions and finders' fees in connection with the financing.

Proceeds from the private placement will be used to finance initial exploration programs at Sleitat and Coal Creek and for working capital purposes, as described in the news release issued March 10, 2015. The acquisition of the Sleitat and Coal Creek tin properties, and the private placement described herein are subject to the receipt of all required regulatory approvals.

STRONGBOW EXPLORATION INC.

Kenneth A. Armstrong

President and CEO

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.

This news release contains "forward-looking statements" including but not limited to statements with respect to Strongbow's plans, the estimation of a mineral resource and the success of exploration activities. Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to general economic and market conditions; closing of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations. Although Strongbow 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. Strongbow undertakes no obligation or responsibility to update forward-looking statements, except as required by law.

Lire la suite de l'article sur finance.yahoo.com

Strongbow Exploration Inc.

EXPLORATEUR
CODE : SBW.V
ISIN : CA8633631079
Suivi et investissement
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Strongbow est une société d’exploration minière de nickel et de cuivre basée au Canada.

Strongbow détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont COMMITEE BAY, KAT, INZA, SNOWBIRD, SPENCES BRIDGE GOLD BELT, SHOVELNOSE, NAPAKTULIK, FURY, SARCPA, SKOONKA CREEK, SOUTH THELON, STARFISH, WALES ISLAND, BEAR, DARING LAKE, HOPE BAY (ORO), TREE RIVER, ANIALIK, CANOE LAKE, KINGORA, LDG, TENACITY SOUTH, NORTH THELON, JEWEL, MUSK, NOWYAK LAKE, GEM, ULU SOUTH, MIDWAY GOLD PROJECT, BLUE LAKE, REGAN LAKE, NICKEL KING, MELVILLE - FURY/ SARCPA/ GEM, MELVILLE PENINSULA AVIAT 2 et WEST KITIKMEOT (NTI PROPERTIES) au Canada et AVOCA et PARKER (NORTH CAROLINA) en Irlande.

Strongbow est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 5,5 millions CA$ (4,1 millions US$, 3,5 millions €).

La valeur de son action a atteint son plus bas niveau récent le 21 novembre 2008 à 0,02 CA$, et son plus haut niveau récent le 18 février 2011 à 8,00 CA$.

Strongbow possède 60 570 000 actions en circulation.

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Présentations des Compagnies de Strongbow Exploration Inc.
07/12/2011Corporate Presentation by the President and CEO
Financements de Strongbow Exploration Inc.
21/07/2016Closes Second and Third Tranche of Financing for Additional ...
29/06/2016Closes First Tranche of Financing for $1,790,000
14/02/2012Announces Private Placement Financing
16/05/2008Non-Brokered $300,000 Private Placement Closed
Projets de Strongbow Exploration Inc.
10/12/2012(Shovelnose)Drilling Completed at Strongbow's Shovelnose Gold Property, ...
13/11/2012(Shovelnose)Drilling Underway at Strongbow's Shovelnose Gold Property, B...
04/09/2012(Shovelnose)Work Underway at Strongbow's Shovelnose Gold Property, BC
07/08/2012(Snowbird)Options Snowbird Nickel Project to North Arrow Minerals
17/04/2012Plans Sonic Drilling Programs at the Midway and Ridgeway Gol...
13/10/2011(Shovelnose)Drilling Underway at Strongbow's Shovelnose Gold Property, B...
07/09/2011(Midway Gold Project)Completes Initial Drill Program at the Midway Gold Project, ...
17/08/2011(Shovelnose)Underway at Strongbow's Shovelnose Gold Property, BC
23/06/2011(Midway Gold Project)Expands Midway Gold Project and Acquires Properties Near Rid...
20/06/2011Reports Drilling Is Underway At Parker Gold Mine Property, N...
27/04/2011(Inza)signs option agreement on Inza property
14/04/2011(Midway Gold Project)Drilling Underway at Midway
01/04/2011(Parker (north Carolina))starts exploration at the Parker gold mine property
15/03/2011Acquires Historic Parker Gold Mine, North Carolina
25/01/2011(Shovelnose)Options Shovelnose Gold Property to Westhaven Ventures
24/01/2011(Midway Gold Project)Identifies 10 Geochemical Targets at Midway
16/07/2009(Kingora)Nickel King Metallurgical Study Confirms 78.4% Recovery Into...
25/02/2009(Nickel King)NI 43-101 COMPLIANT INDICATED AND INFERRED RESOURCE ESTIMATE...
25/06/2008(Nickel King) drills 12 m of 1.13% Ni at Nickel King
Communiqués de Presse de Strongbow Exploration Inc.
12/07/2016Strongbow Completes Acquisition of South Crofty Tin Project,...
29/06/2016Strongbow Closes First Tranche of Financing for $1,795,000
01/06/2016Strongbow files Technical Report and Resource Estimate for t...
01/06/2016Strongbow Announces Non-Brokered Unit Private Placement Fina...
19/04/2016Strongbow Releases NI 43-101 Resource Estimate for South Cro...
13/10/2015Strongbow Corporate Update
28/09/2015Strongbow Issues Incentive Stock Options and Appoints CFO
01/09/2015Strongbow Announces Corporate Changes and New Director
24/07/2015Strongbow Closes Acquisition of Two Alaskan Tin Projects and...
12/03/2015Increases Private Placement Financing from $500,000 to $1 Mi...
12/03/2015Strongbow Increases Private Placement Financing from $500,00...
10/03/2015Strongbow Announces Acquisition of Two Alaskan Tin Projects ...
24/03/2014Strongbow Announces Share Consolidation
09/01/2013(Shovelnose)Drilling Expands Gold Mineralization at the Shovelnose Prope...
27/09/2012Identifies High Priority Drill Targets at the Ridgeway Gold ...
26/06/2012Completes Sonic Drilling Programs in South Carolina Drills 2...
31/01/2012(Shovelnose)Reports First Exploration Drilling Results for Shovelnose Go...
28/11/2011(Inza)Porphyry Cu-Au-Mo Mineralization Drilled at Strongbow's Inza...
12/05/2011Strongbw Mobilizes Second Drill to Midway, SC
17/05/2010to Explore Gold Properties in BC
12/06/2008drills 14.85 m of 1.0% Ni at Nickel King
03/03/2008RETAINS CONTACT FINANCIAL FOR INVESTOR RELATIONS SERVICES
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