Record Resources Encouraged By QIMC Hydrogen Estimate
Calgary, Alberta--(Newsfile Corp. - March 3, 2025) - Record Resources Inc. (TSXV: REC) reports it is encouraged by the Quebec Innovative Materials Corp (QIMC) news of February 26, 2025 reflecting on the potential extent, size and value of hydrogen resources in the region of Lake Temiskaming Graben structure following their drilling success at their St-Bruno-de-Guigues property. QIMC estimated potential hydrogen yields based on the following assumptions: i) that the porosity in the reservoir...
2025-03-03 8:21 AM EST
Record Resources Receives Approval for the Acquisition of the Beauchamp Natural Hydrogen Property
Calgary, Alberta--(Newsfile Corp. - February 19, 2025) - Record Resources Inc. (TSXV: REC) announces that it has received conditional approval from the TSX Venture Exchange for the acquisition of the Beauchamp natural hydrogen Property (see November 21 and December 18, 2024 news releases). The company considers this transaction closed. As previously reported, Beauchamp is located on a pivotal western geological extension in Ontario, building upon Quebec Innovative Materials Corp. (QIMC)'s...
2025-02-19 4:06 PM EST
Record Resources' Hydrogen Neighbour Delivers Outstanding Drilling Results
Calgary, Alberta--(Newsfile Corp. - January 23, 2025) - Record Resources Inc. (TSXV: REC) is strongly impressed and highly encouraged by the drilling results of its Lake Temiskaming neighbour, Quebec Innovate Materials Corporation (QIMC) (see QIMC news release, January 21, 2025). "From what we've seen, these are some of the best grades of any early-stage hydrogen exploration project," said Michael Judson, Record Resources CEO. "Other explorers have reported 500 and 700 ppm measurements. QIMC...
2025-01-23 9:55 AM EST
Record Acquires Option on Key Temiskaming Hydrogen Property and Strengthens Strategic Collaboration with QIMC
Calgary, Alberta--(Newsfile Corp. - January 14, 2025) - Record Resources Inc. (TSXV: REC) is pleased to announce it has entered into an option agreement to acquire a key property in the Temiskaming hydrogen camp, directly adjacent to Quebec Innovative Materials Corporation (QIMC)'s significant hydrogen discovery. This strategic acquisition positions Record as a prominent player in hydrogen exploration within Ontario's rapidly expanding renewable hydrogen sector. The Lorrain-Bucke claim blocks...
2025-01-14 9:15 AM EST
Record Resources Closes $437,000 Financing
Calgary, Alberta--(Newsfile Corp. - December 30, 2024) - Record Resources Inc. (TSXV: REC) reports that is has closed its previously announced financing (November 21, 28, 2024 news releases). Record has closed a $330,000 LIFE Offering and $107,000 first tranche of a Private Placement. The combined Offering raised totals proceeds of $437,000 through the issuance of 14,566,665 Units. Each Unit, priced at $0.03, consisted of one common share and one half-share purchase warrant of the company....
2024-12-30 2:18 PM EST
Record Resources Updates Status of Beauchamp Hydrogen Property Acquisition
Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - Record Resources Inc. (TSXV: REC) announces that it is actively working with the TSX Venture Exchange to address supplementary information requests regarding the final agreement. This collaborative process underscores Record's commitment to transparency and its focus on maintaining the highest standards of corporate governance. As initially disclosed on November 21, 2024, Record Resources entered into an arm's-length agreement with a...
2024-12-18 10:13 AM EST
Record Refiles Amended and Restated Financial Statements
Calgary, Alberta--(Newsfile Corp. - December 16, 2024) - Record Resources Inc. (TSXV: REC) reports that the company filed restated Q3 2024 financial statements with the corresponding management discussion & analysis. The decision follows a review that amends the accounting treatment of the company's Kirkland Lake Gold exploration properties, which impacted the previously reported figures and has led to the need for this correction. As a result, the previous Q3 2024 financial statements and...
2024-12-16 5:14 PM EST
Record Resources Clarifies Use of Proceeds from Financing
Calgary, Alberta--(Newsfile Corp. - December 12, 2024) - Record Resources Inc. (TSXV: REC) wishes to clarify the previously announced use of proceeds from its financing referenced in the company's November 21, 2024 news release. The company intends to use a portion of the funds raised from the financing for its Amikougami and Otto gold exploration properties in the Kirkland Lake, Ontario region. The preliminary projected budget includes the following: Preparation of road access to properties...
2024-12-12 3:21 PM EST
Record Resources Increases Size of Total Financing and Files Amended LIFE Offering Document
Calgary, Alberta--(Newsfile Corp. - November 28, 2024) - Record Resources Inc. (TSXV: REC) reports that the company is increasing the total size of its financing it is presently undertaking via a LIFE offering by adding a separate private placement. Under the terms of the newly announced private placement, the company is offering up to 5,000,000 Units. Each Unit consists of a $0.03 common share and one-half of one share purchase warrant exercisable at a price of $0.05 per share for a period...
2024-11-28 8:09 AM EST
Record Resources Acquires Potential Ontario Western Extension of QIMC Hydrogen Discovery and Announces LIFE Offering of Units
Calgary, Alberta--(Newsfile Corp. - November 21, 2024) - Record Resources Inc. (TSXV: REC) is pleased to announce the acquisition of a pivotal western geological extension in Ontario, building upon Quebec Innovative Materials Corp. (QIMC)'s landmark Quebec hydrogen discovery along the western geological regional trend. This strategic acquisition solidifies Record Resources' position as the Ontario leader in renewable hydrogen exploration and strengthens its commitment to advancing sustainable...
2024-11-21 9:18 AM EST
Record Pursues Natural Hydrogen
Calgary, Alberta--(Newsfile Corp. - October 30, 2024) - Record Resources Inc. (TSXV: REC) reports it is acquiring a 100 percent interest in 27 mineral claims in the Timiskaming area of Ontario near recent hydrogen discoveries. The claims, known as the Paradis Bay claims, are located five kilometres west of the town of Ville Marie, Quebec, near the claims held by Quebec Innovative Materials Corp and border the town of Paradis Bay, Ontario. The claims are being acquired in an arms-length...
2024-10-30 8:00 AM EDT
Record Resources Acquires Option on Quebec Copper Property
Calgary, Alberta--(Newsfile Corp. - July 17, 2024) - Record Resources Inc. (TSXV: REC) reports it has acquired an option on a copper property in Quebec. The option is on six claims (approximately 245 hectares) known as the La Sarre Copper Property located 81 kilometres north of Rouyn-Noranda. It is owned by privately-held exploration company, 2758145 (Ontario) Inc. Historical drilling by Chamberlin Management Corp. on the La Sarre property in 1947 encountered copper rich sulphides that...
2024-07-17 8:00 AM EDT
Record Resources Acquires Additional Uranium Properties In Ontario
Calgary, Alberta--(Newsfile Corp. - May 17, 2024) - Record Resources Inc. (TSXV: REC) reports that it has acquired more uranium properties northeast of Thunder Bay, Ontario. Record Resources has entered into option agreements with two private exploration companies to explore for uranium on an additional 200 claims. The claims are contiguous or in close proximity to the company's 16,320 hectare (780-claim) Malborne block (see news release of April 8, 2024). "This is an acquisition of more...
2024-05-17 9:09 AM EDT
Record Acquires Option on Large Uranium Land Package
Calgary, Alberta--(Newsfile Corp. - April 9, 2024) - Record Resources Inc. (TSXV: REC) reports it has acquired an option on a large package of uranium claims northeast of Thunder Bay, Ontario, Canada. The option covers a large area known as the Malborne property and is owned by privately-held exploration companies, 2758145 (Ontario) Inc and 1170331 BC Ltd. (the optionor). The land package consists of 780 claims stretching over 16,320 hectares (163 square kilometres) and is located 110...
2024-04-09 8:27 AM EDT
Record Resources Completes Acquisition of Grenfell Gold Property
Calgary, Alberta--(Newsfile Corp. - March 12, 2024) - Record Resources Inc. (TSXV: REC) reports that it has received approval from the TSX Venture Exchange to acquire an option agreement on the Grenfell gold property in exchange for shares. As previously disclosed in a September 11, 2022 company news release, a non-arms-length transaction with Pelangio Exploration Inc is pursuant to a conveyance agreement executed on August 23, 2022. The transaction was considered a related party transaction...
2024-03-12 2:00 PM EDT
Record Resources Clarifies MCTO Application And Closes Private Placement
Calgary, Alberta--(Newsfile Corp. - February 6, 2024) - Record Resources Inc. (TSXV: REC) has clarified its application to the Alberta Securities Commission, as principal regulator, and its additional regulators, to approve a temporary management cease trade order ("MCTO") under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"). If granted, the MCTO will prohibit the trading in securities of the Company by its Chief Executive Officer, Chief Financial Officer, so long as the...
2024-02-06 2:39 PM EST
Record Resources Announces Application For Management Cease Trade Order
Calgary, Alberta--(Newsfile Corp. - January 31, 2024) - Record Resources Inc. (TSXV: REC) announces that it has made an application to the Alberta Securities Commission, as principal regulator, and its additional regulators, to approve a temporary management cease trade order ("MCTO") under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"). If granted, the MCTO will prohibit the trading in securities of the Company by its Chief Executive Officer, Chief Financial Officer and...
2024-01-31 3:30 PM EST
Record Resources Acquires Lithium and Uranium Properties
Calgary, Alberta--(Newsfile Corp. - December 19, 2023) - Record Resources Inc. (TSXV: REC) reports it has entered into an option agreement with an arms-length, private, Ontario exploration company to acquire 100 percent interests in three of its lithium properties and one of the uranium properties in Western Ontario. The Whitemud River lithium prospect consists of 111 claims and is approximately 200 kilometres east of Red Lake and approximately 125 kilometres northeast of Sioux Lookout. The...
2023-12-19 10:27 AM EST
Record Resources Issues Clarifications Regarding Earlier Release
Calgary, Alberta--(Newsfile Corp. - August 30, 2023) - Record Resources Inc. (TSXV: REC) wishes to reissue its press release from August 28, 2023 with certain clarifications. The company is pleased to report that it has entered into a non-binding and arm's length agreement to acquire preferred shares from a private equity fund that owns and is developing a gold exploration property in Djibouti, Africa. The non-binding agreement is with the African Minerals Exploration & Development Fund III...
2023-08-30 5:43 PM EDT
Record Resources Teams up with Private Equity Group to Develop Gold Project in Djibouti, Africa
Calgary, Alberta--(Newsfile Corp. - August 28, 2023) - Record Resources Inc. (TSXV: REC) reports that it has entered into an agreement to acquire preferred shares from a private equity fund that owns and is developing a gold exploration property in Djibouti, Africa. The agreement is with the African Minerals Exploration & Development Fund III Sicar (AMED Fund III) registered in Luxembourg and Red Sea Gold B.V. and Nurtureex B.V., both of Utrecht, Netherlands. Red Sea and Nurtureex are AMED's...
2023-08-28 8:00 AM EDT