Rhyolite Resources Cancels Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2025) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company") announces that it will not be proceeding with the non-brokered private placement of up to 25,000,000 shares of the Company at a price of $0.15 per share for gross proceeds of up to $3,750,000 that was previously announced on April 25, 2025.For further information, contact Richard Graham at 604.488.5427.On behalf of the Board,Rhyolite Resources Ltd.Richard Graham, Chief Executive...
2025-05-05 4:15 PM EDT
Rhyolite Resources Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2025) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company") announces that it will offer up to 25,000,000 common shares (each, a "Share") by way of a non-brokered private placement (the "Offering") at a price of $0.15 per Share, for gross proceeds of up to $3,750,000.In connection with completion of the Offering, the Company may pay finders' fees to eligible parties that assisted in introducing subscribers to the Company. All securities...
2025-04-25 10:28 AM EDT
Rhyolite Resources Terminates Brothers Property Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2025) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") has terminated its option to earn an 80% interest in the Brothers property in Suriname.The Company received US$62,000 for agreeing to the termination. The Exploitation License for the Brothers project was scheduled for renewal in December 2022 at which time Rhyolite ceased all expenditures on the property until Property title was secure. The property vendors have...
2025-01-03 9:30 AM EST
Rhyolite Resources Completes Acquisition of Muckahi Inc.
Toronto, Ontario--(Newsfile Corp. - September 20, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce completion of the acquisition of Muckahi Inc. (the "Transaction"), a company controlled by Fred Stanford that holds a license to the Muckahi Mining System. Mr. Stanford received 9.5 million common shares of Rhyolite in consideration, of which 1.0 million common shares were delivered to Mr. Stanford upon closing of the Transaction, and the remaining...
2021-09-20 5:30 PM EDT
RETRANSMISSION: Rhyolite Appoints Fred Stanford as CEO and Director
Toronto, Ontario--(Newsfile Corp. - September 8, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce the appointment of Fred Stanford as Chief Executive Officer and Director.Mr. Stanford is a mining executive with 40 years of experience in the mining industry. Prior to joining Rhyolite, Mr. Stanford served as President and CEO of Torex Gold Resources Inc. ("Torex Gold") from 2009 to 2020, and as Executive Chairman from mid-2020 to mid-2021. Tony...
2021-09-08 6:00 AM EDT
Rhyolite Appoints Fred Stanford as CEO and Director
Toronto, Ontario--(Newsfile Corp. - September 7, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce the appointment of Fred Stanford as Chief Executive Officer and Director.Mr. Stanford is a mining executive with 40 years of experience in the mining industry. Prior to joining Rhyolite, Mr. Stanford served as President and CEO of Torex Gold Resources Inc. ("Torex Gold") from 2009 to 2020, and as Executive Chairman from mid-2020 to mid-2021. Tony...
2021-09-07 5:30 PM EDT
Rhyolite Resources Closes Acquisition of the Suku Passi Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce that it has completed the acquisition of all of the outstanding share capital of 2765798 Ontario Ltd. ("ONCorp"), pursuant to the terms of a definitive share purchase agreement entered into with each of the shareholders (collectively, the "Vendors") of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire an...
2021-03-31 5:00 PM EDT
RETRANSMISSION: Rhyolite Resources to Acquire Suku Passi Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce that it has entered into a definitive share purchase agreement, dated March 21, 2021, with each of the shareholders (collectively, the "Vendors") of 2765798 Ontario Ltd. ("ONCorp") to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which consolidated the Suku Passi Project (the...
2021-03-22 9:00 AM EDT
Rhyolite Resources to Acquire Suku Passi Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce that it has entered into a definitive share purchase agreement, dated March 21, 2021, with each of the shareholders (collectively, the "Vendors") of 2765798 Ontario Ltd. ("ONCorp") to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which consolidated the Suku Passi Project (the...
2021-03-21 9:45 PM EDT
RETRANSMISSION: Rhyolite Samples 42.67 Grams per Tonne of Gold at Brothers Project in Suriname and Announces Election of New Strategic Board Members
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to report that the initial field work exploration program in December at the Brothers Project in Suriname has expanded on the gold potential of the concession. Prospecting by small-scale miners working within the Brothers concession have opened new sites exposing quartz veins in the soil profile. High-grade rock samples and channel samples continue to...
2021-01-05 7:55 AM EST
Rhyolite Samples 42.67 Grams per Tonne of Gold at Brothers Project in Suriname and Announces Election of New Strategic Board Members
Vancouver, British Columbia--(Newsfile Corp. - January 4, 2021) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to report that the initial field work exploration program in December at the Brothers Project in Suriname has expanded on the gold potential of the concession. Prospecting by small-scale miners working within the Brothers concession have opened new sites exposing quartz veins in the soil profile. High-grade rock samples and channel samples continue to...
2021-01-04 5:00 PM EST
Rhyolite Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2020) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to report that it has closed its previously announced non-brokered private placement of 15,000,000 common shares of the Company at the price of $0.30 per share for gross proceeds of $4,500,000 (the "Private Placement"). The net proceeds of the Private Placement will be used for the Brothers Project, Paxson Project, to finance potential acquisitions...
2020-11-25 5:22 PM EST
Rhyolite Announces Appointment of New Chief Financial Officer and Change in Year End
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2020) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce the appointment of Ms. Cybill Tsung as Chief Financial Officer of the Company. Mr. John Downes has stepped down as Chief Financial Officer and the Company thanks him for his many years of service and wishes him the very best in his future endeavours. Ms. Tsung is a Chartered Professional Accountant and a Chartered Accountant...
2020-11-23 1:01 PM EST
RETRANSMISSION: Rhyolite Resources Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2020) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") announces that it will conduct a non-brokered private placement (the "Private Placement") of up to 15,000,000 common shares at the price of $0.30 per share for gross proceeds of up to $4,500,000.A cash commission may be payable equal to 6.0% of the gross proceeds of the total number of common shares sold to the subscribers of the Private Placement located by...
2020-11-05 9:00 AM EST
Rhyolite Resources Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2020) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") announces that it will conduct a non-brokered private placement (the "Private Placement") of up to 15,000,000 common shares at the price of $0.30 per share for gross proceeds of up to $4,500,000.A cash commission may be payable equal to 6.0% of the gross proceeds of the total number of common shares sold to the subscribers of the Private Placement located by...
2020-11-04 7:36 PM EST
Rhyolite Resources Closes Acquisition of the Brothers Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2020) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce that it has completed the acquisition of all of the outstanding share capital of 2777662 Ontario Inc. ("ONCorp"), pursuant to the terms of a definitive share purchase agreement entered into with each of the shareholders (collectively, the "Vendors") of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire...
2020-10-30 12:25 PM EDT
RETRANSMISSION: Rhyolite Resources to Acquire Brothers Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2020) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce that it has entered into a definitive share purchase agreement, dated October 13, 2020, with each of the shareholders (collectively, the "Vendors") of 2777662 Ontario Corp ("ONCorp") to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire an 80% interest in...
2020-10-14 9:00 AM EDT
Rhyolite Resources to Acquire Brothers Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2020) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") is pleased to announce that it has entered into a definitive share purchase agreement, dated October 13, 2020, with each of the shareholders (collectively, the "Vendors") of 2777662 Ontario Corp ("ONCorp") to acquire all of the outstanding share capital of ONCorp. ONCorp is a privately-held arms-length company which holds an option to acquire an 80% interest in...
2020-10-13 9:44 PM EDT
Rhyolite Closes Private Placement - Updates Activities
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2017) - Rhyolite Resources Ltd. (TSXV: RYE) (the "Company" or "Rhyolite") announces the completion of its previously announced brokered private placement of 16,000,000 units ("Unit") at a price of $0.10 per Unit for gross proceeds of $1,600,000 (the "Private Placement"). Each Unit consists of one common share and one-half share purchase warrant of Rhyolite ("Warrant"). Each Warrant shall entitle the holder thereof to acquire one...
2017-03-27 6:13 PM EDT
Rhyolite Resources Ltd. Announces Increase to Previously Announced Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2017) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") reports that the previously announced brokered private placement (January 26, 2017) of up to a maximum of 16,000,000 Units at a price of $0.10 per Unit has been increased to 20,000,000 Units at a price of $0.10 per Unit for gross proceeds of $2,000,000 (the "Offering").Each Unit will consist of one (1) common share and one-half (1/2) share purchase warrant of...
2017-02-28 5:28 PM EST