Kesselrun Resources Closes Acquisition of Huronian Gold Project
Thunder Bay, Ontario--(Newsfile Corp. - August 10, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce the closing of the acquisition of the Huronian Gold Project (see Kesselrun NR July 5, 2016) with the issuance of 4,000,000 common shares of Kesselrun to the vendors.All securities issued above are subject to a hold period of 4 months and one day from the date of completion and further provisions restricting the sales of shares to not...
2016-08-10 8:45 AM EDT
Kesselrun Resources Announces Start of 2016 Bluffpoint Field Program
Thunder Bay, Ontario--(Newsfile Corp. - July 19, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that field crews are being mobilized to the Bluffpoint Gold Project. Kesselrun's Bluffpoint Gold Project is located approximately 50 km northeast of, and on the same structural trend as, New Gold's Rainy River mine which is currently under construction. First production at Rainy River is estimated for mid-2017 at a rate of 325,000 ounces per year...
2016-07-19 8:00 AM EDT
Kesselrun Resources Updates Huronian Gold Project
Thunder Bay, Ontario--(Newsfile Corp. - July 14, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that the TSX Venture Exchange has accepted for filing Kesselrun's purchase of the Huronian Gold Project (see Kesselrun NR July 5, 2016). Kesselrun expects the purchase to be closed in the near future and will update shareholders accordingly.As well, Kesselrun is pleased to announce that the data from the vendors has been received and that...
2016-07-14 8:45 AM EDT
Kesselrun Resources Ltd. Provides Shareholder Update on Convertible Debenture Holdings
Thunder Bay, Ontario--(Newsfile Corp. - July 12, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") wishes to update shareholders with respect to three senior unsecured convertible debentures of Tamaka Gold Corporation ("Tamaka") which it holds in the aggregate principal amount of $2,139,900 (the "Debentures"). The Debentures are automatically convertible into common shares of Tamaka at a prescribed rate upon the occurrence of a "Liquidity Event" (see Kesselrun press...
2016-07-12 9:00 AM EDT
Kesselrun Resources Acquires Huronian Gold Project
Thunder Bay, Ontario--(Newsfile Corp. - July 5, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that, subject to TSX Venture Exchange approval, the Company has entered into a purchase agreement to acquire a 100% interest in the Huronian Gold Project from Chalice Gold Mines Limited ("Chalice") and its wholly owned subsidiary, Coventry Resources Ontario Inc., and Pele Mountain Resources Inc. ("Pele") and its wholly-owned subsidiary, Pele Gold...
2016-07-05 9:00 AM EDT
Kesselrun Resources Completes Private Placement Financing
Thunder Bay, Ontario--(Newsfile Corp. - June 15, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that it has closed the offering previously announced June 10, 2016. Kesselrun issued 2,849,333 flow-through units (the "FT Units") at a price of $0.15 per FT Unit for gross proceeds of $427,400. Each FT Unit consists of one flow-through common share and one half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles a...
2016-06-15 3:47 PM EDT
Kesselrun Resources Announces Private Placement Financing
Thunder Bay, Ontario--(Newsfile Corp. - June 10, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that it has arranged an offering of up to $400,000 consisting of flow-through units (the "FT Units") at a price of $0.15 per FT Unit. The FT Units will consist of one flow-through common share and one half of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to purchase one non-flow-through common...
2016-06-10 3:21 PM EDT
Kesselrun Resources Grants Stock Options
Thunder Bay, Ontario--(Newsfile Corp. - June 1, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") announced today that on May 31, 2016, the Board of Directors of Kesselrun has granted 595,000 incentive stock options exercisable at a price of $0.11 per common share for a period of five years to its consultant. The options were granted in accordance with the Company's stock option plan, which was approved by the shareholders of the Company at the Annual General...
2016-06-01 10:22 AM EDT
Kesselrun Resources Grants Stock Options
Thunder Bay, Ontario--(Newsfile Corp. - May 3, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") announced today that on May 3, 2016, the Board of Directors of Kesselrun has granted 150,000 incentive stock options exercisable at a price of $0.08 per common share for a period of two years to its consultant. The options were granted in accordance with the Company's stock option plan, which was approved by the shareholders of the Company at the Annual General...
2016-05-03 8:28 PM EDT
Kesselrun Resources Grants Stock Options
Thunder Bay, Ontario--(Newsfile Corp. - April 14, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") announced today that on April 13, 2016, the Board of Directors of Kesselrun has granted 300,000 incentive stock options exercisable at a price of $0.06 per common share for a period of five years to its consultant. The options were granted in accordance with the Company's stock option plan, which was approved by the shareholders of the Company at the Annual...
2016-04-14 3:02 PM EDT
Kesselrun Resources Completes Private Placement Financing
Thunder Bay, Ontario--(Newsfile Corp. - April 8, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that it has closed the offering previously announced April 1, 2016. Kesselrun issued 600,000 flow-through shares (the "FT Shares") at a price of $0.05 per FT Share and 4,400,000 non-flow-through units (the "NFT Units") at a price of $0.05 per NFT Unit for gross proceeds of $250,000. The NFT Units consist of one common share and one...
2016-04-08 3:31 PM EDT
Kesselrun Resources Announces Private Placement Financing
Thunder Bay, Ontario--(Newsfile Corp. - April 1, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that it has arranged an offering of up to $250,000 consisting of flow-through shares (the "FT Shares") at a price of $0.05 per FT Share and non-flow-through units (the "NFT Units") at a price of $0.05 per NFT Unit. The NFT Units will consist of one common share and one half of one common share purchase warrant (a...
2016-04-01 9:20 AM EDT
Kesselrun Resources Announces Interest Payment Received
Thunder Bay, Ontario--(Newsfile Corp. - February 2, 2016) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to provide the following corporate update: Tamaka Gold Corp DebenturesKesselrun is pleased to announce that Tamaka Gold Corp ("Tamaka"), a private corporation, has made the interest payment on Kesselrun's $2,038,000 senior unsecured convertible debentures issued to Kesselrun by Tamaka (see news releases dated August 6, 2014 and March 13, 2015). The...
2016-02-02 9:45 AM EST
Kesselrun Resources Announces Private Placement Financing
Thunder Bay, Ontario--(Newsfile Corp. - June 30, 2015) - Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to announce that it has arranged an Offering of up to $400,000 consisting of flow-through shares (the "FT Shares") at a price of $0.05 per FT Share and non-flow-through units (the "NFT Units") at a price of $0.05 per NFT Unit. The NFT Units will consist of one common share and one half of one common share purchase warrant (a...
2015-06-30 2:48 PM EDT