Pancon Launches Initial Drill Program at Ni-Co-Cu Montcalm Project
Toronto, Ontario--(Newsfile Corp. - January 7, 2019) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") today commenced its maiden diamond drill program on its nickel-cobalt-copper Montcalm Project, located 65 kilometres northwest of Timmins and adjacent to the former Montcalm nickel-cobalt-copper mine, owned by Glencore plc. Pancon's objective for the initial phase of the Montcalm Project drill program is to drill a minimum of 4,500 metres to test a series of new...
2019-01-07 6:30 AM EST
CORRECTION FROM SOURCE: Pancon Closes $1.7 Million Private Placement
Toronto, Ontario--(Newsfile Corp. - December 31, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") is issuing a correction to its previously disseminates news released dated December 31, 2018. The correction is limited to the number of flow-through units issued which was stated as follows:1,875,000 Flow-Through Units (FT Units) through the issuance of 10,125,000 units (FT Units) at a price of $0.08 per FT Units for total gross proceeds of $154,200.00.It is...
2018-12-31 11:57 AM EST
Pancon Closes $1.7 Million Private Placement
Toronto, Ontario--(Newsfile Corp. - December 31, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") announced that it closed the final tranche of its previously announced non-brokered private placement through the issuance of 60,000 units ("Units") at a price of $0.07 per Unit and 1,875,000 Flow-Through Units (FT Units) through the issuance of 10,125,000 units (FT Units) at a price of $0.08 per FT Unit for total gross proceeds of $154,200.00, with combined...
2018-12-31 6:30 AM EST
Pancon Announces Closing of First Tranche of Private Placement for $1.5 Million
Toronto, Ontario--(Newsfile Corp. - December 20, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") announced that it closed the first tranche of its previously announced non-brokered private placement through the issuance of 10,526,436 units ("Units") at a price of $0.07 per Unit and 10,125,000 Flow-Through Units (FT Units) through the issuance of 10,125,000 units (FT Units) at a price of $0.08 per FT Unit for a gross proceeds of $1,546,850.52 (the...
2018-12-20 6:30 AM EST
Pancon Announces Private Placement of up to $1.8 Million
Toronto, Ontario--(Newsfile Corp. - December 13, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") announces that it intends to complete a non-brokered private placement financing of up to 12,000,000 units (each, a "Unit") at a price of $0.07 per Unit, and up to 12,500,000 "flow-through" units (each, a "FT Unit") at a price of $0.08 per unit, for gross proceeds of up to $1.8 million (the "Offering"). Each Unit and FT Unit will include a one-half Common...
2018-12-13 6:30 AM EST
Pancon Prepares for Drilling at Montcalm, Strengthens Technical Team
Toronto, Ontario--(Newsfile Corp. - October 30, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") is finalizing plans for the maiden drill program at its early stage nickel-cobalt-copper Montcalm Project, 65 kilometres northwest of Timmins, Ontario. The Project covers 3,780 hectares (37.8 square kilometres) and surrounds Glencore's former Montcalm Mine. Pancon's boundary is about 1 kilometre from the actual mine.Pancon President and CEO, Layton Croft,...
2018-10-30 6:30 AM EDT
Pancon Partners with Flying Post First Nation on Montcalm, Gambler and Nova Projects
Toronto, Ontario--(Newsfile Corp. - October 11, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") is pleased to announce its signing of a Memorandum of Understanding (MOU), effective October 1, 2018, with the Flying Post First Nation (FPFN) in northern Ontario. The FPFN-Pancon MOU provides a mutually beneficial framework for cooperation on the Company's three battery metals exploration projects, located 65 kilometres northwest of Timmins: the Montcalm...
2018-10-11 6:30 AM EDT
Pancon Provides Exploration Update on Montcalm Project
Toronto, Ontario--(Newsfile Corp. - September 17, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") provides an update on exploration activities at the Company's early stage nickel-cobalt-copper Montcalm Project, 65km northwest of Timmins, Ontario. The Montcalm Project covers 3,780 hectares and is adjacent to Glencore's former Montcalm Mine."We are encouraged by initial and ongoing results of our carefully designed geophysical program to identify the best...
2018-09-17 6:30 AM EDT
Pancon Hosts McBride Project Community Information Session, Listens Carefully, and Responds to Stakeholders Requests
Toronto, Ontario--(Newsfile Corp. - September 11, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") hosted its first public McBride Project Community Information Session at the Limerick Township Community Centre on Sunday, September 9th. The consultative event lasted almost four hours and was attended by more than 200 local residents and cottage owners from Hastings County in southeast Ontario.Pancon President and CEO Layton Croft provided information about...
2018-09-11 1:26 PM EDT
Pancon Confirms Cobalt and Polymetallic Targets at Nova Project
Toronto, Ontario--(Newsfile Corp. - August 21, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") announced today that initial prospecting and mobile metal ion (MMI) soil sampling programs on its Nova Project confirmed the presence of cobalt mineralization as well as significant MMI cobalt and gold anomalies.Layton Croft, President and CEO of the Company stated: "We are pleased with the results from our initial surface exploration work at Nova, including...
2018-08-21 6:41 AM EDT
Pancon Completes Initial VTEM Survey Over Montcalm Property; 13 Anomalies of Interest Detected
Toronto, Ontario--(Newsfile Corp. - August 14, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") announced today it has completed a Virtual Time Domain Electromagnetic (VTEM) survey over part of the Company's early stage nickel-cobalt-copper Montcalm Property. The Montcalm Property is one of three properties included in the Company's Montcalm West Project, near Timmins, Ontario. The Montcalm Property is adjacent to Glencore's former Montcalm Mine, which...
2018-08-14 6:30 AM EDT
Pancon Provides Exploration Update for Its Advanced Stage McBride Nickel-Cobalt-Copper Project in Southern Ontario
Toronto, Ontario--(Newsfile Corp. - July 31, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") provides an update on exploration activities at the Company's advanced stage nickel-cobalt-copper McBride Project (the "Project"), located in Limerick Township, 25 kilometres south of Bancroft, Ontario. The Project contains Historical Resources of an estimated 5.1 million tons of near-surface nickel-cobalt-copper mineralization that includes the North Zone deposit,...
2018-07-31 6:30 AM EDT
Pancon Provides Exploration Update for Its Montcalm West Nickel-Cobalt-Copper Project in Ontario
Toronto, Ontario--(Newsfile Corp. - July 23, 2018) - Pancontinental Resources Corporation (TSXV: PUC) ("Pancon" or the "Company") provides an update on exploration activities at the Company's early-stage nickel-cobalt-copper Montcalm West Project near Timmins. The Montcalm West Project covers 11,600 hectares and is comprised of three separate Properties: Montcalm, Nova and Gambler. Montcalm West is adjacent to Glencore's former Montcalm Mine, which previously mined 3.9 million tonnes of...
2018-07-23 6:30 AM EDT
Pancontinental Changes Name to Reflect Newly Acquired Battery Metals Projects Strategy
Toronto, Ontario--(Newsfile Corp. - July 12, 2018) - Pancontinental Gold Corporation (TSXV: PUC) ("Pancon" or the "Company") today announces that the Company has changed its name to Pancontinental Resources Corporation. The Company anticipates that shares will be trading under the new name on the TSXV on July 13, 2018 and its trading symbol will remain unchanged. The Company's new web site domain is www.panconresources.com and new Twitter feed is @PanconResources."As we continue to execute...
2018-07-12 8:39 AM EDT
Pancontinental Announces Completion of Debt Settlement
Toronto, Ontario--(Newsfile Corp. - May 24, 2018) - Pancontinental Gold Corporation (TSXV: PUC) ("Pancon" or the "Company") is pleased to announce that is has closed its previously announced debt settlement through the issuance of 1,126,000 common shares (the "Common Shares") in the capital of the Company at a price of $0.07 per Common Share (the "Debt Settlement").All Common Shares issued in connection with the Debt Settlement will be subject to a statutory hold period until September 22,...
2018-05-24 5:00 PM EDT
Pancon Commences Exploration on Two Properties at Its Montcalm West Nickel-Cobalt-Copper Project
Toronto, Ontario--(Newsfile Corp. - May 17, 2018) - Pancontinental Gold Corporation (TSXV:PUC) ("Pancon" or the "Company") has commenced exploration on two of three properties at its camp-sized Montcalm West Nickel-Cobalt-Copper Project, adjacent to Glencore's former Montcalm Nickel-Cobalt-Copper Mine in the Montcalm Gabbro Complex, 65 kilometres west of Timmins, Ontario. The first phase of exploration will focus on the Montcalm Property, covering 3,780 hectares, and the Nova Property,...
2018-05-17 9:28 AM EDT
Pancontinental Grants Options and Settles Debt for Shares
Toronto, Ontario--(Newsfile Corp. - May 1, 2018) - Pancontinental Gold Corporation (TSXV: PUC) ("Pancontinental" or the "Company) has granted 2,550,000 options to directors and officers and an employee and consultant of the Company to purchase common shares at an exercise price of $0.07 cents per common share, expiring on May 1, 2023.The Company also intends to settle an aggregate of $78,820 of indebtedness owed to the Company's President and CEO and a creditor of the Company, through the...
2018-05-01 3:29 PM EDT
Pancontinental Acquires Advanced Nickel-Cobalt-Copper Project in Southern Ontario with Two Defined Deposits
Toronto, Ontario--(Newsfile Corp. - April 26, 2018) - Pancontinental Gold Corporation (TSXV: PUC) ("Pancon" or the "Company") has entered into an option agreement (the "Agreement") effective April 25, 2018 with Hastings Highlands Resources Limited ("Hastings") to earn up to 76% of the McBride Nickel-Cobalt-Copper Project (the "McBride Project or the "Project"), located in Limerick Township, 25 kilometres south of Bancroft, Ontario. If Hastings, a private company, chooses not to fund its share...
2018-04-26 10:08 AM EDT
Pancontinental Triples Land Position of Its Nickel-Copper-Cobalt Montcalm West Project
Toronto, Ontario--(Newsfile Corp. - April 17, 2018) - Pancontinental Gold Corporation (TSXV: PUC) ("Pancon" or the "Company") is pleased to announce it has expanded its total land position nearly threefold at its Montcalm West Ni-Cu-Co Project (the "Project") from 3,984 hectares to 11,600 hectares. The Project is part of the nickel-copper-cobalt-rich Montcalm Gabbro Complex, within the Montcalm Greenstone Belt in the Porcupine Mining Division, approximately 65 kilometers northwest of Timmins,...
2018-04-17 12:06 PM EDT
Pancontinental Closes $1.97 Million Private Placement
Toronto, Ontario--(Newsfile Corp. - April 6, 2018) - Pancontinental Gold Corporation (TSXV: PUC) (the "Company"), is pleased to announce the closing of its previously announced non-brokered private placement of flow-through shares and units for gross proceeds of $1,976,490. The Company issued 16,266,500 common shares of the company which will qualify as "flow-through shares" pursuant to the Income Tax Act (Canada) at a price per flow-through share of $0.06 for gross proceeds of $975,990. In...
2018-04-06 3:25 PM EDT