Church Fathers

Origen Announces Proposed Arrangement to Spin Out Silver Dollar Property

Retrieved on: 
Tuesday, April 6, 2021

The Arrangement Agreement, a copy of which will be available under Origen's profile on SEDAR, sets out the terms on which Origen will complete a plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) with Forty Pillars whereby Origen's Silver Dollar Property (and Beatrice Property which is included within Silver Dollar but referenced separately in Origen's financial statements) and $66,893.60 will be spun out to Forty Pillars.

Key Points: 
  • The Arrangement Agreement, a copy of which will be available under Origen's profile on SEDAR, sets out the terms on which Origen will complete a plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) with Forty Pillars whereby Origen's Silver Dollar Property (and Beatrice Property which is included within Silver Dollar but referenced separately in Origen's financial statements) and $66,893.60 will be spun out to Forty Pillars.
  • The Arrangement, if completed, will result in, among other things, Origen being entitled to receive one common share of Forty Pillars in exchange for each five common shares of Origen outstanding on the effective date of the Arrangement.
  • Forty Pillars intends to seek a listing of its common shares on the Canadian Securities Exchange ("CSE") following the completion of the Arrangement.
  • The Silver Dollar property consists of 28 contiguous mineral claims covering 3,344.68 hectares of land and two Crown grants totalling 41.85 hectares of land.

Origen Resources Options Broken Handle Property to Hawthorn Resources

Retrieved on: 
Thursday, January 14, 2021

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VX) (the "Company" or "Origen") is pleased to announce that it has entered into an agreement with Hawthorn Resources Corp., ("Hawthorn") a private British Columbia Corporation engaged in mineral exploration, to acquire a 75% interest in its Broken Handle project located 50km north of Grand Forks, BC.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VX) (the "Company" or "Origen") is pleased to announce that it has entered into an agreement with Hawthorn Resources Corp., ("Hawthorn") a private British Columbia Corporation engaged in mineral exploration, to acquire a 75% interest in its Broken Handle project located 50km north of Grand Forks, BC.
  • Hawthorn can earn a 75% interest in the Broken Handle property by paying Origen a total of $250,000, issuing 1 million shares and incurring expenditures of $500,000 over a 3 year period.
  • Origen and Hawthorn have one common director whom has abstained from board voting in relation to this transaction.
  • the Broken Handle project covers historical and new mineral showings similar in nature to those found at the prolific Franklin Camp1 located 3 km north.

Origen Power Ltd Selected to Present at CleanEquity® Monaco 2020

Retrieved on: 
Tuesday, October 20, 2020

LONDON, Oct. 20, 2020 /PRNewswire/ -- Origen Power Ltdwill present at CleanEquityMonaco 2020 on 22nd& 23rdOctober at the Fairmont Monte Carlo.

Key Points: 
  • LONDON, Oct. 20, 2020 /PRNewswire/ -- Origen Power Ltdwill present at CleanEquityMonaco 2020 on 22nd& 23rdOctober at the Fairmont Monte Carlo.
  • CleanEquity will also be livestreamed online via the EarthX TV platform.
  • Origen Power Ltdhas been identified by an expert panel as one of the world's most innovative sustainable technology companies and has been selected to present to selected sovereign, corporate, family and professional investors & acquires, policy makers, end users and international trade media.
  • Origen recognises that to avoid dangerous climate change, we will need to rapidly reduce the amount of carbon dioxide we emit into the air.