ISIN:CA48978L1004

Kenorland Completes C$9.86M Private Placement and Strategic Investment by Centerra Gold

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星期二, 五月 28, 2024

Offering, QC, Income Tax Act, Legislation, News, Sale, IRA, MB, Sumitomo Group, Security (finance)

Centerra Gold Inc. ("Centerra") has acquired approximately 9.9% of the issued and outstanding common shares of the Company ("Shares") as an end purchaser of Shares following the charitable flow through donations in the Offering.

Key Points:

Centerra Gold Inc. ("Centerra") has acquired approximately 9.9% of the issued and outstanding common shares of the Company ("Shares") as an end purchaser of Shares following the charitable flow through donations in the Offering.
A copy of the IRA is available under the Company's SEDAR+ profile on www.sedarplus.ca .
The proceeds from the Offering will be used to advance exploration at Kenorland's Canadian projects in Quebec, Ontario, Manitoba, British Columbia and Saskatchewan.
All FT Shares issued in the Offering are subject to a statutory hold period in accordance with applicable securities legislation expiring on September 29, 2024.

Kenorland Arranges Strategic Investment by Centerra Gold Through C$9.86M Non-Brokered Private Placement

Retrieved on:

星期二, 五月 21, 2024

Offering, QC, Income Tax Act, Legislation, Exercise, Sale, IRA, Regulation, MB, Sumitomo Group, TSX Venture Exchange, Security (finance)

In connection therewith, the Company and Centerra Gold Inc. ("Centerra") have agreed to a strategic investment, whereby Centerra will acquire approximately 9.9% of the issued and outstanding common shares of the Company ("Shares").

Key Points:

In connection therewith, the Company and Centerra Gold Inc. ("Centerra") have agreed to a strategic investment, whereby Centerra will acquire approximately 9.9% of the issued and outstanding common shares of the Company ("Shares").
Centerra will be an end purchaser of Shares following the charitable flow through donations in the Offering.
A copy of the IRA will be available under the Company's SEDAR+ profile on www.sedar.com , following closing of the Offering.
Zach Flood, President and CEO of Kenorland, states, "We're very excited to welcome Centerra as a new strategic investor in Kenorland.

Kenorland Minerals Provides 2024 Exploration Update

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星期三, 四月 17, 2024

The total updated forecast for exploration expenditures on properties in which Kenorland holds direct or royalty interests is anticipated to be over $24.0 million in 2024, which includes approximately $19.0 million in exploration financed by partners.

Key Points:

The total updated forecast for exploration expenditures on properties in which Kenorland holds direct or royalty interests is anticipated to be over $24.0 million in 2024, which includes approximately $19.0 million in exploration financed by partners.
Drill results from the winter 2024 program are expected to be reported throughout the second and third quarters of 2024.
Opinaca Project, Quebec: Kenorland will remain operator for Targa Exploration's Opinaca Project during two phases of planned exploration to be completed in 2024.
The property has seen no historical systematic exploration and Kenorland is planning an initial property-wide, regional geochemical survey to be completed in 2024.

Kenorland Minerals Reports Completion of Winter Drilling at the Frotet Project, Quebec

Retrieved on:

星期二, 四月 9, 2024

Project, Sumitomo Group, R4, R11, R10, Regnault

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the 2024 winter exploration program at the Frotet Project ("Project"), located in Northern Quebec, is complete.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the 2024 winter exploration program at the Frotet Project ("Project"), located in Northern Quebec, is complete.
Kenorland currently holds a 4% net smelter return royalty ("NSR Royalty") and is temporary operator on the Project.
Zach Flood, President and CEO, states, "The completion of the 2024 winter drill program marks a major project milestone as total drilling eclipsed 100,000 meters and over 200 drillholes completed at Regnault, a high-grade gold discovery made by Kenorland and Sumitomo Metal Mining Canada Ltd. in 2020.
The winter exploration program at the Regnault gold discovery reached completion with a total of 18,448 meters over 27 drillholes, with an average drill depth of 675 meters.

Kenorland Announces Normal Course Issuer Bid

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星期三, 四月 3, 2024

TSX Venture Exchange, Sale, Acquisition, Issuer, Person, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the TSX Venture Exchange ("TSXV") has accepted the Company's notice to implement a normal course issuer bid (the "NCIB").

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the TSX Venture Exchange ("TSXV") has accepted the Company's notice to implement a normal course issuer bid (the "NCIB").
Under the NCIB, Kenorland may purchase up to 3,218,420 common shares of the Company (the "Shares"), which represents approximately 5% of the Shares outstanding as at February 14, 2024.
Over any 30-day period, Kenorland will not purchase more than 1,287,368 Shares in total, which represents 2% of the Shares issued and outstanding as of March 15, 2024.
A copy of the Form 5G - Notice of Intention to make a Normal Course Issuer Bid filed by the Company with the TSXV in respect of the NCIB can be obtained from the Company upon request without charge.

Kenorland Minerals Announces Termination of Tanacross Project Earn-in Agreement with Antofagasta PLC and Highlights Exploration Upside at South Taurus

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星期四, 三月 28, 2024

Element, Partnership, Option, Taurus, Copper, Anomaly, IP, Antofagasta plc, Soil, TITAN, Rare-earth element

Kenorland's focus moving forward will be targets which remain completely untested, including South Taurus, which shows strong evidence for a concealed copper system."

Key Points:

Kenorland's focus moving forward will be targets which remain completely untested, including South Taurus, which shows strong evidence for a concealed copper system."
In 2020, the Company completed a systematic soil geochemical grid covering South Taurus as well as East Taurus, West Taurus, and McCord Creek targets.
The Company also completed a TITAN induced polarisation (IP) and magnetotellurics (MT) survey extending 5km across the South Taurus anomaly.
The South Taurus target is ready for drill-testing and Kenorland is actively exploring partnership opportunities for a future drill program.

Kenorland Announces Manitoba Mineral Development Grant at the South Thompson Nickel Project

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星期二, 三月 26, 2024

Economic development, Commerce, MMDF, Thompson Belt, Mining

Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the Company was approved for a $300,000 grant from the Manitoba Mineral Development Fund ("MMDF") to support Kenorland's exploration program at the South Thompson Project ("Project"), located in the Thompson Nickel Belt in Manitoba, Canada.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the Company was approved for a $300,000 grant from the Manitoba Mineral Development Fund ("MMDF") to support Kenorland's exploration program at the South Thompson Project ("Project"), located in the Thompson Nickel Belt in Manitoba, Canada.
Funded by the Government of Manitoba and administered by the Manitoba Chambers of Commerce, the purpose of the MMDF is to increase mineral and economic development in northern Manitoba.
Zach Flood, CEO and President, states "Kenorland extends its sincere appreciation to the Manitoba Mineral Development Fund for its support in our exploration efforts at the South Thompson Nickel Project.
The funds provided by MMDF will aid Kenorland in conducting a large-scale aerial electromagnetic (VTEM) survey to identify potential drill targets beneath the extensive cover rocks."

Kenorland Announces Ontario Junior Exploration Program Grant at the South Uchi Project

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星期二, 三月 19, 2024

Government, Mining

The OJEP program is designed to promote early-stage exploration in Ontario, whereby companies can receive up to $200,000 per project to cover 50% of eligible exploration costs.

Key Points:

The OJEP program is designed to promote early-stage exploration in Ontario, whereby companies can receive up to $200,000 per project to cover 50% of eligible exploration costs.
Zach Flood, CEO and President, states, "On behalf of Kenorland, I'd like to express our gratitude to the government of Ontario for its support of early-stage exploration through the Ontario Junior Exploration Program.
The funds provided by OJEP will help Kenorland generate new drill targets at the South Uchi Project, located in the prolific Red Lake District of northwestern Ontario."
"Through the Ontario Junior Exploration Program, our government is creating the conditions to ensure the continued success of Ontario's mining industry, keeping our mines operating for generations to come."

Kenorland Receives Notice of Exercise of Top-Up Right from Sumitomo

Retrieved on:

星期五, 三月 8, 2024

IRA, Sumitomo Group, TSX Venture Exchange, Exercise

Vancouver, British Columbia--(Newsfile Corp. - March 8, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") announces that, further to the investor rights agreement dated November 5, 2021 (the "IRA") between the Company and Sumitomo Metal Mining Canada Ltd. ("Sumitomo"), Sumitomo has issued to the Company its intent to exercise its 'top-up right' as it relates to certain non-cash transactions completed by the Company and to retain its 10.1% interest in the Company.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - March 8, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") announces that, further to the investor rights agreement dated November 5, 2021 (the "IRA") between the Company and Sumitomo Metal Mining Canada Ltd. ("Sumitomo"), Sumitomo has issued to the Company its intent to exercise its 'top-up right' as it relates to certain non-cash transactions completed by the Company and to retain its 10.1% interest in the Company.
An aggregate of 24,075 common shares will be issued at a price of $0.70 per share for aggregate consideration of $16,852.50 in accordance with the IRA, subject to the approval of the TSX Venture Exchange.
A copy of the IRA is available on the Company's SEDAR+ profile.

Kenorland Minerals Identifies Significant Gold-in-Till Geochemical Anomaly at the 100% Owned South Uchi Project in the Red Lake District of Northwestern Ontario

Retrieved on:

星期三, 二月 28, 2024

Anomaly, HMC, Complex, Technical report, CPG, Date, Gold, Red Lake School District, Rare-earth element

The survey focused on a number of different mineral system targets (Au, Ni-Cu, Li) across the 83,385-hectare property.

Key Points:

The survey focused on a number of different mineral system targets (Au, Ni-Cu, Li) across the 83,385-hectare property.
Results from the fine fraction till sampling identified the Papaonga target, defined by a large-scale, coherent gold-in-till anomaly and a strong multi-element signature of Au-Ag-Te-W±As-Sb.
The Papaonga gold-in-till anomaly covers approximately five kilometers striking east-west and eight kilometers northeast-southwest following the prominent ice flow direction.
There has been very limited historical exploration, and no historical drilling has occurred within the geochemical source target area.