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Aldrin Resource Corp.

Publié le 06 juillet 2015

Announces $250,000 Non-Brokered Private Placement

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Mots clés associés :   Uranium |

Aldrin Announces $250,000 Non-Brokered Private Placement

 

Vancouver, B.C. - July 6th, 2015 - Aldrin Resource Corp. ("Aldrin") (TSX Venture: ALN) is pleased to announce that it has arranged a $250,000 non-brokered private placement (the "Offering") with an institutional investor. Each unit consists of one flow-through unit priced at $0.18 per share and a half warrant priced at $0.25 for a period of 24months.  Proceeds of the Offering will be used for ongoing exploration on Aldrin's Triple M Uranium Property. A 6% cash commission of the Offering may be paid. It is anticipated the financing will be closed by July 10th, 2015.

 

Aldrin will immediately complete additional ground geophysical surveys to more precisely define the uranium mineralized Anticline Target on our Triple M Property. The Triple M Property lies adjacent to Fission Uranium's high grade Patterson Lake discovery. The increased geophysical resolution on the Anticline Target is the last exploration step before Aldrin's planned 4,000 m drill program to start later in the year.  

 

The survey will comprise of in-fill points to increase resolution on existing data, which has already proven successful in defining mineralized structures associated with the Anticline Target. Ground resistivity survey lines will commence soon thereafter.  Aldrin's first drill test discovered the Anticline Target to be significantly mineralized with uranium at values consistent with being within a potential halo to a high-grade deposit. The first drill hole (ALN14-008) encountered strong uranium mineralization over significant intervals including:

 

a.  53.4 ppm U over 10.0 m between 178.0 and 188.0 m, including a higher value zone of 148.7 ppm U over 1.5 m between 182.5 and 184 m;

 

b. 273 ppm U over 0.5m between 235.0 and 235.5 m;

 

c. 97.4 ppm U over 3.5 m between 243.0 and 246.5 m, including a higher value zone of 144.8 ppm U over 2.0 m between 243.5 and 245.5 m

 

(Please see news release dated July 26, 2014 for more details)

 

Harrison Cookenboo, Ph.D., P.Geo is Aldrin's Vice President of Exploration and Development and a Qualified Person (QP) by the standards of National Instrument 43-101.  He has reviewed the technical data described above and approves the contents of this news release.

 

 

ON BEHALF OF THE BOARD

 

Johnathan More, CEO and Director

 

 

 

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.

 

 

Aldrin Resource Corp.

EXPLORATEUR
CODE : ALN.V
ISIN : CA0144311002
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Aldrin Resource est une société d’exploration minière basée au Canada.

Ses principaux projets en exploration sont KEYSTONE, LONGLINE, BREW et IND au Canada.

Aldrin Resource est cotée au Canada. Sa capitalisation boursière aujourd'hui est 4,5 millions CA$ (3,4 millions US$, 3,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 04 juin 2010 à 5,94 CA$, et son plus bas niveau récent le 17 novembre 2016 à 0,07 CA$.

Aldrin Resource possède 47 390 000 actions en circulation.

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Financements de Aldrin Resource Corp.
19/02/2014Announces Up to $750,000 Non-Brokered Private Placement and ...
Nominations de Aldrin Resource Corp.
24/09/2013Appoints Mr. Thomas S. Drolet
17/09/2013Appoints Mr. Bryan Trottier to Advisory Board
05/09/2013Appoints Mr. Graydon Kowal to Board of Directors
Projets de Aldrin Resource Corp.
07/04/2011(Brew)Expedition Announces Exploration Program on the Brew Propert...
Communiqués de Presse de Aldrin Resource Corp.
30/09/2015Aldrin Provides Update on New Discoveries in the Triple M Pr...
17/09/2015Aldrin Appoints New Director
10/02/2015Aldrin Partners With Take-Over Target Fission Energy
09/02/2015Randhawa Joins Board of Aldrin
05/02/2015to Acquire 50% of Fission 3.0's Key Lake Package for $6.9M S...
05/02/2015Aldrin to Acquire 50% of Fission 3.0's Key Lake Package for ...
25/11/2014Aldrin Announces Exploration Plans on the Anticline Target
19/11/2014Aldrin Announces $450,000 Non-Brokered Private Placement and...
14/08/2014Aldrin Announces Director Appointment
31/07/2014Aldrin Announces Exploration Plans on the Anticline Target
27/06/2014Aldrin Announces Uranium Laboratory Analytical Results on th...
19/06/2014Aldrin Intersects Additional Elevated Radiation on the Antic...
29/05/2014IIROC Trading Resumption - ALN
29/05/2014Aldrin Discovers Significant Radioactive Mineralization in F...
28/05/2014IIROC Trading Halt - ALN
13/05/2014Aldrin Resumes Drilling on the Triple M Uranium Property
02/05/2014Aldrin Announces Director Changes and Grant of Stock Options
22/04/2014Aldrin Provides Drilling Update-Strong Alteration and Graphi...
10/04/2014Aldrin Announces Director Resignation
25/03/2014Aldrin Commences Drill Program
24/03/2014Aldrin Announces $500,000 Non-Brokered Private Placement
30/10/2013Appoints Mr.Edward Marlow to Board of Directors and Increase...
20/08/2013Commences Field Work on the Triple M Property Adjacent to Pa...
01/08/2013Appoints Harrison Cookenboo, Ph.D., P.Geo., as Vice Presiden...
24/07/2013Commences Airborne Radiometrics Survey, and Completes VTEM I...
19/07/2013Closes Private Placement Financing and Acquisition of Triple...
18/06/2013Discovers 2 Basement Conductive Trends on the Triple M Prope...
12/06/2013Adds Infill Lines to Ongoing Airborne Geophysical Survey at ...
28/05/2013Commences Airborne Magnetic and Electro Magnetic Survey at P...
15/04/2013Acquires Large Uranium Property Along Strike and Adjacent to...
07/09/2012Provides Corporate Update
24/06/2011(Ind)Reports on Trench Expansion at IND Project-Reacquires 100% I...
13/04/2011Announces Expansion Into Nevada Exploration
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