Aranjin Resources Completes Financing for Sharga Copper Project Acquisition
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 10, 2021) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") announces that it has closed, in escrow, its previously announced US$1.5 million unsecured convertible debenture financing to be used to fund the cash portion of the acquisition consideration for the purchase of the Sharga Copper Project in Mongolia. The debenture has a term of 12 months and bears interest at a rate of 15% per annum to be accrued and paid at...
2021-08-10 4:46 PM EDT
Aranjin Resources Provides Update on Acquisition of Sharga Copper Project
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 19, 2021) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") is pleased to provide an update on its proposed acquisition of the highly prospective Sharga Copper Project (the "Sharga Project" or "Project") previously announced by the Company on May 19, 2021. The completion of the acquisition remains on track. The Company has received conditional approval of the acquisition from the TSXV Venture Exchange ("TSXV") and is in...
2021-07-19 4:15 PM EDT
Aranjin Resources Announces Successful Ongoing Warrant Exercise
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 17, 2021) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") is pleased to announce the exercise of an aggregate of 26,441,666 outstanding common share purchase warrants issued as part of the private placement financing completed in two tranches on June 10 and July 3, 2020. The exercises made to date have resulted in aggregate proceeds to date of $1,322,083. Other holders of warrants issued under the second tranche and...
2021-06-17 8:00 AM EDT
Aranjin Resources Announces Acquisition of Sharga Copper Project
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 19, 2021) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") is pleased to announce that it has entered into an agreement to acquire the highly prospective Sharga Copper Project (the "Sharga Project" or "Project"). The Sharga Project is located in the Gobi Altai region of Mongolia near the Chinese border and is comprised of one Mineral Exploration Licence covering over 9,000 hectares. The Sharga Project is located in the...
2021-05-19 7:30 AM EDT
Aranjin Resources Announces Drilling Program and Resignation of Director
Ulaanbaatar, Mongolia--(Newsfile Corp. - February 24, 2021) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin") is pleased to announce the commencement of drilling program at its Bayan Undur ("BU") project. Over $10m worth of historical drilling and associated analysis at the BU project has now been reviewed. As a result of this analysis, the Company plans to start with one deep hole at a highly targeted area of the BU project in April 2021. The BU project is located in the...
2021-02-24 10:17 AM EST
Aranjin Resources Announces Final Closing of Bayan Undur Licenses Acquisition and Debt Settlement
Ulaanbaatar, Mongolia--(Newsfile Corp. - October 30, 2020) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin") is pleased to announce that it has now completed the previously announced acquisition of four mining licenses comprising the Bayan Undur ("BU") project located in Bayankhongor province, Mongolia. The Company acquired all of the shares of BK Mining LLC , which is the indirect 100% owner of the BU project, for nominal cash consideration. The Company was able to favorably...
2020-10-30 6:19 PM EDT
Aranjin Resources Announces Issuance of Options
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 24, 2020) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") announces that the board of directors of the Company has approved the grant of 9,750,000 stock options to certain directors, officers, employees and consultants pursuant to the Corporation's Stock Option Plan. The options vest on the date of grant, expire two years from the date of grant and are exercisable at a price of $0.05 per common share. On behalf of the...
2020-07-24 9:00 AM EDT
Aranjin Resources Announces New Director
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 23, 2020) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") is pleased to announce the appointment of Mr. Bataa Tumur-Ochir to the Board. Mr. Tumur-Ochir is a Mongolian citizen and resident, and has a wealth of global experience in the mining and resources sector. He is currently President and CEO of Steppe Gold Ltd, Mongolia's premier precious metals group. Under his guidance, Steppe Gold progressed its ATO Gold Mine...
2020-07-23 9:00 AM EDT
Aranjin Resources Announces Sale of Brazil Subsidiary
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 21, 2020) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") announces that it has concluded an agreement to divest its Brazilian subsidiary, Five Star Mineracao Ltda, to a private investor group for future consideration. As noted in Company filings over the past 18 months, investor appetite for investment in the diamond mining sector has been very low. The Company has been unable to secure investors to support the...
2020-07-21 5:30 PM EDT
Aranjin Resources Announces Final Closing of Private Placement and Provides Update on Copper Acquisitions
Toronto, Ontario--(Newsfile Corp. - July 3, 2020) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin") announces that it has completed the second and final tranche of its previously announced non-brokered private placement issuing 66,666,666 units of the Company at a price of $0.015 per unit for gross proceeds of $566,975 bringing the total gross proceeds of the offering to $1,000,000. Each unit is comprised of one common share of the Company and one common share purchase...
2020-07-03 12:07 PM EDT
Five Star Diamonds Announces Initial Closing of Private Placement and Provides Update on Name Change and Filing of Audited Financial Statements
Toronto, Ontario--(Newsfile Corp. - June 10, 2020) - Five Star Diamonds Ltd. (TSXV: STAR) (the "Company" or "Five Star Diamonds") announces that it is has completed the initial tranche of its previously announced non-brokered private placement issuing 28,868,333 units of the Company at a price of $0.015 per unit for gross proceeds of $433,025. Each unit is comprised of one common share of the Company and one common share purchase warrant with each warrant exercisable for one common shares at...
2020-06-10 1:26 PM EDT
Five Star Diamonds Announces Increase to Previously Announced Private Placement
Toronto, Ontario--(Newsfile Corp. - June 3, 2020) - Five Star Diamonds Ltd. (TSXV: STAR) (the "Company" or "Five Star Diamonds") is pleased to announce that due to interest from potential investors its previously announced non-brokered private placement has been increased by $500,000 up to 66,666,66 units of the Company at an offering price of $0.015 per unit for gross proceeds of up to $1,000,000. Each unit will be comprised of one common share of the Company and one common share purchase...
2020-06-03 3:36 PM EDT
Five Star Diamonds Announces Proposed Private Placement
Toronto, Ontario--(Newsfile Corp. - May 19, 2020) - Five Star Diamonds Ltd. (TSXV: STAR) (the "Company" or "Five Star Diamonds") announces that it is proposing to complete a non-brokered private placement of up to 33,333,333 units of the Company at an offering price of $0.015 per unit for gross proceeds of up to $500,000. Each unit will be comprised of one common share of the Company and one common share purchase warrant with each warrant exercisable for one common shares at a price of $0.05...
2020-05-19 12:55 PM EDT
Five Star Diamonds Ltd. Announces Reliance on Financial Statement Filing Extension
Toronto, Ontario--(Newsfile Corp. - April 24, 2020) - Five Star Diamonds Limited (TSXV: STAR) ("Five Star" or the "Company") announces that it will be relying on the blanket relief granted by the Canadian Securities Administrators in respect of its obligation to file (i) 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)...
2020-04-24 5:30 PM EDT
Five Star Announces Completion of Shares for Drilling Services Arrangement
Toronto, Ontario--(Newsfile Corp. - February 26, 2020) - Five Star Diamonds Limited (TSXV: STAR) ("Five Star" or the "Company") announces that it has issued Common Shares in payment of drilling services provided to the Company pursuant to a drilling for shares arrangement previously announced on April 17, 2018. The Company settled an aggregate amount of $484,698 owing to the drilling contractor for drilling completed on the Company's Brazilian diamond properties through the issuance of...
2020-02-26 4:30 PM EST
Five Star Diamonds Ltd. Announces Name Change
Toronto, Ontario--(Newsfile Corp. - December 5, 2019) - Five Star Diamonds Ltd. (TSXV: STAR) (the "Company" or "Five Star Diamonds") is pleased to announce that the Board of Directors of the Company has approved a proposed name change of the Company to "Aranjin Resources Ltd". The completion of the name change remains subject to TSXV approval. Coinciding with the name change, the Company expects to retain its trading symbol, "STAR." On behalf of the Board Matthew Wood Chairman Five Star...
2019-12-05 5:00 PM EST
Five Star Diamonds Ltd. Announces Agreements to Acquire New Copper Porphyry Projects in Mongolia, Private Placement and Appointment of New Director
Toronto, Ontario--(Newsfile Corp. - November 4, 2019) - Five Star Diamonds Ltd. (TSXV: STAR) (the "Company" or "Five Star Diamonds") is pleased to announce that it has entered into agreements to acquire a 100% interest in two highly prospective porphyry copper projects in southern Mongolia through a combination of work programs, deferred cash payments and the issuing of STAR shares. The Company has the rights to acquire a 100% interest in the 150 square kilometer Baruun Tal Copper Project...
2019-11-04 5:00 PM EST
IIROC Trade Resumption - FIVE STAR DIAMONDS LIMITED
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2017) - Trading resumes in: Company: FIVE STAR DIAMONDS LIMITED
2017-04-24 4:13 PM EDT