James Bay Resources Limited Announces Closing of $259,000 Offering
Toronto, Ontario--(Newsfile Corp. - August 5, 2020) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") announced that it has closed a non-brokered private placement (the "Offering") of 4,316,667 units ("Units") at a price of $0.06 per Unit, for aggregate gross proceeds of $259,000. Each Unit is comprised of one common share (a "Common Share") and one Common Share purchase warrant (each a "Warrant") in the capital of James Bay. Each Warrant comprising part of the Units is...
2020-08-05 5:00 PM EDT
James Bay Resources Limited Announces Reliance on Financial Statement Filing Exemption Due to Delays Caused by COVID-19
Toronto, Ontario--(Newsfile Corp. - April 28, 2020) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") announces that it will be relying on the blanket relief granted by the Canadian Securities Adminstrators in respect of its obligation to file its annual financial statements required by subsection 4.2(a) of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") and its annual management's discussion and analysis required by subsection 5.1(1) of NI...
2020-04-28 5:02 PM EDT
James Bay Resources Limited Announces Legal Action Commenced Under Secured Loan Made to California-based Cannabis Vaping Company
Toronto, Ontario--(Newsfile Corp. - October 30, 2019) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") announced today that it has commenced legal proceedings in the State of California to recover overdue amounts owed pursuant to a secured loan agreement (the "Secured Loan Agreement") with CB Holding Group Corp., a California-based company (the "Borrower") involved in arranging both CBD and THC vape pens for sale to licensed distributors (see previous disclosure from...
2019-10-30 4:58 PM EDT
James Bay Resources Limited Announces Secured Loan to California-Based Cannabis Vaping Company
Toronto, Ontario--(Newsfile Corp. - December 21, 2018) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") announced today that it has entered into a secured loan agreement (the "Secured Loan Agreement") with a California-based company (the "Borrower"), involved in arranging both CBD and THC vape pens for sale to licensed distributors. Under the terms of the Secured Loan Agreement, James Bay has agreed to advance up to US$3.5 million to the Borrower, at an interest rate of...
2018-12-21 2:34 PM EST
James Bay Resources Limited Announces Investment in Cerrado Gold Inc.
Toronto, Ontario--(Newsfile Corp. - November 8, 2018) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") announced that its Board of Directors has approved an investment (the "Investment") of US$1.5 million to acquire 3,333,334 common shares from the treasury of Cerrado Gold Inc. ("Cerrado Gold"), a privately owned Ontario company. James Bay will hold approximately 14% of the issued and outstanding common shares of Cerrado Gold after the Investment, which was completed on...
2018-11-08 5:14 PM EST