Pancon Announces Effective Date of Name Change to Carolina Rush and Share Consolidation
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") announces that it has received approval from the TSX Venture Exchange (the "TSXV") to change the Company's name to "Carolina Rush Corporation" (the "Name Change") and to consolidate the Company's outstanding common shares on the basis of one new common share for every ten existing common shares (the "Consolidation"). The Company's new stock symbol on...
2023-03-01 6:30 AM EST
Pancon Announces Shareholder Approval of Share Consolidation and Name Change to Carolina Rush Corporation
Toronto, Ontario--(Newsfile Corp. - February 2, 2023) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") announces that, at its special meeting of its shareholders held on February 2, 2023 (the "Meeting"), Pancon's shareholders overwhelmingly approved the Company's proposals to: (i) consolidate the issued and outstanding common shares (the "Common Shares") of the Company on the basis of one (1) post-Consolidation Common Share for every ten (10)...
2023-02-02 10:47 AM EST
Pancon Acquires Historic Sawyer Gold Mine, North Carolina
Toronto, Ontario--(Newsfile Corp. - February 1, 2023) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") has entered into an exploration lease and purchase option agreement (the "Agreement") with the owner of Carolina Mining Company ("CMC") for the historic Sawyer Gold Mine Property ("Sawyer" or the "Property"), a past-producing gold mine. The 54.6 hectare (135 acre) property is located 5.0 km southwest along trend from the Company's recently...
2023-02-01 6:30 AM EST
Pancon Acquires New Sawyer Historic Gold Mine, North Carolina
Toronto, Ontario--(Newsfile Corp. - January 24, 2023) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") has entered into an exploration lease and purchase option agreement (the "Agreement") for the New Sawyer Gold Mine Property ("New Sawyer" or the "Property"). The property is privately owned, containing both surface and mineral rights, and covers 246.6 hectares. The property contains the historic New Sawyer Gold Mine which includes 12 identified...
2023-01-24 6:30 AM EST
Pancon Files Management Proxy Circular for Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - January 4, 2023) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") announces that it has mailed its management information circular (the "Circular") and related materials for the special meeting (the "Meeting") of the Company's shareholders (the "Shareholders") that will be held on Thursday, February 2, 2023 at 10:00 am EDT at 217 Queen Street West, Suite 401, Toronto, ON, Canada. A copy of the Circular can be...
2023-01-04 6:30 AM EST
Pancon Identifies New Drill Targets at Flagship Brewer Gold & Copper Project in South Carolina
Toronto, Ontario--(Newsfile Corp. - January 3, 2023) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") has completed its analysis of the recent Induced Polarization ("IP") geophysical survey at the Company's flagship Brewer gold and copper project, located in Chesterfield County, South Carolina. IP results have been integrated with geological and alteration models to define four primary prospective near surface gold targets and deeper conceptual...
2023-01-03 6:30 AM EST
Pancon Completes Dipole-Dipole Induced Polarization Geophysical Survey at Brewer
Toronto, Ontario--(Newsfile Corp. - September 28, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") has completed all field work and has received all data for its 6-square kilometer dipole-dipole induced polarization (IP) geophysical survey, covering most of the 1,000-acre Brewer property and a significant portion of its adjacent Jefferson Project properties, located in Chesterfield County, South Carolina.The IP survey was designed to cover...
2022-09-28 6:30 AM EDT
Pancon Announces Intention to Extend Warrants
Toronto, Ontario--(Newsfile Corp. - September 8, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") announces that, subject to the required approval from the TSX Venture Exchange, the Company intends to extend the expiry date of an aggregate of 22,075,500 common share purchase warrants (each, a "Warrant"). 12,750,000 Warrants were originally issued pursuant to a private placement offering of 25,000,000 units in the capital of the Company at a...
2022-09-08 4:30 PM EDT
Pancon Secures Right to Extend Brewer Option Period Through 2030
Toronto, Ontario--(Newsfile Corp. - July 12, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") has agreed with the Brewer Gold Receiver (Receiver) on a mechanism to extend the term of the Brewer Option Agreement through December 31, 2030. Pancon President & CEO Layton Croft stated: "We thank the Receiver, South Carolina's Department of Health and Environmental Control (SC DHEC), and the U.S. Environmental Protection Agency (EPA) for continuing...
2022-07-12 6:30 AM EDT
Pancon Closes Loan Agreement
Toronto, Ontario--(Newsfile Corp. - June 17, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") entered into an unsecured loan agreement dated April 12, 2022 (the "Agreement") between the Company and David Petroff, a director of the Company (the "Lender"). Pursuant to the Agreement, the Lender granted the Company a loan in the amount of $100,000, bearing interest at $1,000 per month. The full amount of the loan, including the applicable...
2022-06-17 11:00 PM EDT
Pancon Announces Closing of Final Tranche of Brokered Private Placement for Aggregate Gross Proceeds of C$1.6 Million
Toronto, Ontario--(Newsfile Corp. - May 13, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") announced today the closing of the second and final tranche of its previously announced "best efforts" brokered private placement (the "Offering") with Red Cloud Securities Inc. and Paradigm Capital Inc. (the "Agents") acting as co-lead agents and joint bookrunners. Under the final tranche of the Offering, 4,700,000 units of the Company (each, a...
2022-05-13 10:53 AM EDT
Pancon Announces Closing of First Tranche of Brokered Private Placement for Gross Proceeds of C$1.245 Million
Toronto, Ontario--(Newsfile Corp. - April 19, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") is pleased to announce the closing of the first tranche of its previously announced "best efforts" brokered private placement (the "Offering") with Red Cloud Securities Inc. and Paradigm Capital Inc. (the "Agents") acting as co-lead agents and joint bookrunners. Under the first tranche of the Offering, 15,565,000 units of the Company (each, a...
2022-04-19 10:51 AM EDT
Pancon Announces Brokered Private Placement of up to C$3.0 Million
Toronto, Ontario--(Newsfile Corp. - March 28, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") has entered into an engagement agreement (the "Engagement Agreement") with Red Cloud Securities Inc. and Paradigm Capital Inc. ( the "Agents") pursuant to which Agents will act as co-lead agents and joint bookrunners to sell up to 37,500,000 units of the Company (the "Units") at a price of C$0.08 per Unit (the "Unit Price") for gross proceeds to the...
2022-03-28 7:30 AM EDT
Pancon Extends Brewer Option Period
Toronto, Ontario--(Newsfile Corp. - March 23, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") announces that the Company has agreed with the Brewer Gold Receiver ("Receiver") to extend the term of the Brewer Option Agreement through December 31, 2024 on a no-cost basis. Pancon President & CEO Layton Croft stated: "Pancon is grateful to the Receiver and relevant government agencies for granting us more time to explore our flagship Brewer Gold...
2022-03-23 6:30 AM EDT
Pancon Releases Discovery Model to Guide Next Steps at Brewer Gold & Copper Project
Toronto, Ontario--(Newsfile Corp. - February 3, 2022) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") is excited to report on its recent work updating its geological compilation and discovery model for its flagship Brewer Gold & Copper Project in South Carolina, USA. Gold was first discovered at Brewer in the 1820s, and 178,000 ounces of near-surface oxide gold was produced from 1987-1995. Pancon is the first company to systematically explore for...
2022-02-03 6:30 AM EST
Pancon Receives Final Payment from Sale of Ontario Properties
Toronto, Ontario--(Newsfile Corp. - December 31, 2021) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") announces it has received the final payment in the amount of $200,000 from Voltage Metals Inc. ("Voltage") pursuant to a purchase agreement (the "Agreement') dated June 20, 2020 as amended March 1, 2021, between the Company and Voltage, whereby the Company granted Voltage an option (the "Option") to acquire 100% of the Company's four mineral projects, St....
2021-12-31 5:00 PM EST
Pancon Reports Detectable Gold in All 104 Phase 2 RAB Drill Holes, Including 2 Holes 150 & 300 Meters West of Former Brewer Gold Mine Each with 6-Meter Intervals of >1.00 g/t Au
Toronto, Ontario--(Newsfile Corp. - December 21, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") provides drill results for Phase 2 shallow rotary air blast (RAB) drill holes, and for Phase 2 diamond core drill holes 16 and 17, at its flagship Brewer Gold & Copper Project in South Carolina, USA (see Figures 1 & 2 and Tables 1 & 2). All 104 Phase 2 RAB drill holes contain detectable gold (using the laboratory's 5 ppb...
2021-12-21 6:30 AM EST
Pancon Intersects 62 Meters of 1.0 g/t Gold 150 Meters South of Former Brewer Gold Mine
Toronto, Ontario--(Newsfile Corp. - November 24, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") provides drill results for diamond drill holes 13, 14 and 15 at its flagship Brewer Gold & Copper Project in South Carolina, USA (see Table 1 and Figure 1).HighlightsHole 15 intersected 62.4 meters of 1.03 g/t Au and 0.15% Cu, including the previously reported interval of 20.2 meters of 2.25 g/t Au and 0.35% Cu, and 8.50 meters of 3.32 g/t...
2021-11-24 6:30 AM EST
Pancon Provides Brewer Gold & Copper Project Update
Toronto, Ontario--(Newsfile Corp. - October 18, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") provides an update for its flagship Brewer Gold & Copper Project in South Carolina, USA.HighlightsStrategic pause in drilling until all Phase 2 results are received and analyzedActively refreshing Pancon's Geologic Compilation and Discovery Model for the Brewer systemActively engaging Environmental Risk Transfer on due diligence for a Remediation...
2021-10-18 6:30 AM EDT
Pancon Receives $1 Million
Toronto, Ontario--(Newsfile Corp. - October 7, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") reports that, subsequent to June 30, 2021, the Company received approximately $1,056,000 from the exercise of stock options, warrants and the payment of the fourth installment from the pending sale of Pancon's non-core Canadian mineral properties.HighlightsPancon directors, officers and a former director exercised 4,875,000 stock options at an...
2021-10-07 6:30 AM EDT