Carolina Rush Announces Closing of Brokered Private Placement for Gross Proceeds of $3,227,000
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") is pleased to announce the closing of its previously announced "best efforts" brokered private placement (the "Offering") through the issuance of 16,135,000 units (each, a "Unit") of the Company at $0.20 per Unit (the "Issue Price") for gross proceeds of $3,227,000, which includes a partial exercise of the agent's option (as defined below).The Offering...
2024-04-03 9:50 AM EDT
Carolina Rush Reports Remaining Drill Results and Plans Additional Drilling at Brewer
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush," "Rush" or the "Company") reports the assay results from the three remaining reconnaissance drill holes at the Brewer Gold-Copper Project in South Carolina. These three holes were planned to evaluate various geophysical and geochemical features located outside of the main Brewer and Tanyard Breccia target areas (see Figure 1).Drill hole B24C - 023: drilled to a depth of...
2024-03-27 6:30 AM EDT
Carolina Rush Announces $3 Million Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - March 18, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") has entered into an agreement with Paradigm Capital Inc. (the "Agent") to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed, in connection with a "best efforts" private placement offering (the "Offering") of up to 15,000,000 units (each, a "Unit") of the Company to be issued at $0.20 per Unit (the "Issue...
2024-03-18 4:00 PM EDT
Carolina Rush Samples 12.0 m @ 3.9 g/t Gold at Sawyer Gold Mine Within 36.0 m @ 1.9 g/t in Trench ST23-01
Toronto, Ontario--(Newsfile Corp. - March 18, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush", "Rush" or the "Company") is pleased to report assay results from two exploration trenches that were constructed on Rush's Sawyer Gold Mine property ("Sawyer") in Randolph County, North Carolina. The Sawyer property contains at least four parallel zones of gold mineralization that were mined at various times dating back to 1820. The area contains 7 vertical shafts with...
2024-03-18 6:30 AM EDT
Carolina Rush Intersects 2.5 m @ 169 g/t Au within 62.5 m @ 8.5 g/t Au and 0.3% Cu at Tanyard Discovery Zone, Brewer Project
Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush," "Rush" or the "Company") is pleased to report assay results from the core hole B23C-021, the first follow-up drill hole at the Tanyard Breccia. The Tanyard Zone is a new diatreme breccia zone discovered 150 m south of the historic Brewer Breccia. The Tanyard Zone was discovered in drill hole B21C-015 in 2021, which intersected 62.4 m of 1.03 g/t Au and...
2024-02-28 4:30 PM EST
Carolina Rush Reports Drill Results from the Tanyard Zone, South of the Historic Brewer Mine
Toronto, Ontario--(Newsfile Corp. - February 26, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush", "Rush" or the "Company") is pleased to report initial assay results from drilling on the recently identified Tanyard breccia zone located south of the historic Brewer mine in South Carolina. The Tanyard Zone is a new diatreme breccia zone identified about 150 m south of the Brewer pit. The breccia was recognized in drill hole B21C-015 in 2021, intersecting 62.4 m of...
2024-02-26 6:30 AM EST
Carolina Rush Amends Option Agreement for Brewer Gold-Copper Project, Eliminating Payments During Exploration
Toronto, Ontario--(Newsfile Corp. - February 21, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush", "Rush" or the "Company") has negotiated a major modification to its Option Agreement for the acquisition of the Brewer Mine Property in South Carolina. Rush has executed the Fifth Amendment to the Brewer Option Agreement with the Brewer Gold Receiver ("Receiver"), which eliminates any option payments during exploration and until closing a potential purchase....
2024-02-21 6:30 AM EST
Carolina Rush Completes 2,000-Meter Drill Program at Brewer Gold-Copper Project
Toronto, Ontario--(Newsfile Corp. - January 31, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush," "Rush," or the "Company") is pleased to provide an update for the Brewer Gold-Copper Project in South Carolina, including results from Hole 20. Eight diamond drill holes that produced 2,022 meters of Brewer core were completed from October 2023 through January 2024 (see Figure 1 for hole locations).Layton Croft, President and CEO, commented: "Our recent drill program...
2024-01-31 6:30 AM EST
Carolina Rush Intersects 74.5 meters of 1.1 g/t Au and 0.17% Cu, including 13.5 meters of 1.7 g/t Au and 0.68% Cu, at Brewer
Toronto, Ontario--(Newsfile Corp. - January 4, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (formerly Pancontinental Resources Corporation, or Pancon) ("Carolina Rush," "Rush" or the "Company") announces results for the first two drill holes of its ongoing 2,000-meter drill program at the Brewer Gold and Copper Project in South Carolina.Highlights:Hole 18 (B23C-018) intersected:74.50 meters of 1.1 g/t Au and 0.12% Cu from 166.50 meters depth, including 11.50 meters of 3.1 g/t...
2024-01-04 6:30 AM EST
Carolina Rush Provides Brewer Exploration Update
Toronto, Ontario--(Newsfile Corp. - November 20, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (formerly Pancontinental Resources Corporation) ("Carolina Rush", "Rush" or the "Company") announces that the first two drill holes of its ongoing 2,000-meter drill program at the Brewer Gold-Copper Project in South Carolina intercepted wide zones of mineralized breccia, confirming the down-dip and western extension of the targeted breccia structure beneath the former mine (see...
2023-11-20 6:30 AM EST
Carolina Rush Commences Drilling at Brewer Gold-Copper Project
Toronto, Ontario--(Newsfile Corp. - October 23, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (formerly Pancontinental Resources Corporation) ("Carolina Rush" or the "Company") announces that a 2,000-meter core drilling campaign has commenced at its flagship Brewer Gold-Copper Project located in Chesterfield County, South Carolina.Layton Croft, President and CEO, stated: "We eagerly anticipate further exploration of the key target areas our team has delineated using data...
2023-10-23 6:30 AM EDT
Carolina Rush to Drill the Brewer Gold-Copper Project
Toronto, Ontario--(Newsfile Corp. - September 6, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") will commence a 2,000 meter core drilling program during the first week of October at its flagship Brewer gold and copper project in South Carolina. Drilling will focus on expanding mineralization identified during the prior drill program beneath the historic pit, and will follow up on the new discovery south of the former mine as well as new...
2023-09-06 6:30 AM EDT
Carolina Rush Announces Closing of Brokered and Non-Brokered Private Placements for Total Gross Proceeds of $2.23 Million
Toronto, Ontario--(Newsfile Corp. - August 15, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") is pleased to announce that it has closed a "best efforts" brokered private placement (the "Brokered Offering") with Paradigm Capital Inc. (the "Agent"), acting as agent, through the issuance of 666,700 units (each, a "Unit") of the Company at a price of $0.15 per Unit for gross proceeds of $100,005. In addition, the Company has closed the concurrent...
2023-08-15 4:04 PM EDT
Carolina Rush Announces Brokered Private Placement and Extension of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - July 28, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") announces that it has entered into an engagement agreement (the "Engagement Agreement") with Paradigm Capital Inc. ( the "Agent") pursuant to which Agent will act as agent to sell up to 1,333,400 units of the Company (the "Units") at a price of $0.15 per Unit (the "Unit Price") for gross proceeds to the Company of up to C$200,010 (the "Brokered...
2023-07-28 6:30 AM EDT
Carolina Rush Appreciates Outgoing Directors, Welcomes New Director, and Reports Results of Annual General Meeting
Toronto, Ontario--(Newsfile Corp. - June 20, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") is pleased to report that it successfully held its annual and special shareholder meeting (the "Meeting") on June 19, 2023 (see below for results), which marked the last day of service on the Board of Directors for two long-term directors, advisors, shareholders and tireless supporters of the Company: Mr. Laurence Curtis, PhD, and Mr. David Mosher....
2023-06-20 6:30 AM EDT
Carolina Rush Announces Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") announces a non-brokered private placement offering of a minimum of 13,333,334 units in the capital of the Company (each, a "Unit") to a maximum of up to 20,000,000 Units at a price of $0.15 per Unit for gross proceeds of a minimum of $2,000,000 up to a maximum of $3,000,000 (the "Offering").Carolina Rush Senior Technical Advisor Keith Laskowki,...
2023-06-19 6:30 AM EDT
Carolina Rush Engages Red Cloud Securities Inc. as Market Maker
Toronto, Ontario--(Newsfile Corp. - May 8, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (formerly Pancontinental Resources Corporation) ("Carolina Rush" or the "Company") announced that it has engaged Red Cloud Securities Inc. ("RCSI") to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under the agreement, RCSI will receive a fee of C$5,000 plus applicable taxes per month. The...
2023-05-08 4:15 PM EDT
Carolina Rush Announces Issuance of Promissory Note
Toronto, Ontario--(Newsfile Corp. - April 26, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (formerly Pancontinental Resources Corporation) ("Carolina Rush" or the "Company") announces that it has issued a non-arm's length creditor of the Company (the "Lender") an unsecured non-interest bearing promissory note (the "Note") in the principal amount of $35,000. The Note is payable on demand of the Lender, upon earlier of: (i) the Company completed a private placement of at least...
2023-04-26 6:17 PM EDT
Carolina Rush Completes Debt Settlement
Toronto, Ontario--(Newsfile Corp. - April 24, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (formerly Pancontinental Resources Corporation) ("Carolina Rush" or the "Company") announced that, further to its press release of April 6, 2023 it has settled an aggregate of CDN$56,986.49 of indebtedness owed to an arm's length creditor of the Company through the issuance of an aggregate of 189,955 common shares (each, a "Common Share") of the Company at a deemed price of $0.30 per...
2023-04-24 4:05 PM EDT
Carolina Rush Announces Proposed Debt Settlement
Toronto, Ontario--(Newsfile Corp. - April 6, 2023) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (formerly Pancontinental Resources Corporation) ("Carolina Rush" or the "Company") has agreed to settle an aggregate of CDN$56,986.49 of indebtedness owed to an arm's length creditor of the Company through the issuance of an aggregate of 189,955 common shares (each, a "Common Share") of the Company at a deemed price of $0.30 per Common Share (the "Debt Settlement"). The Debt Settlement...
2023-04-06 10:24 AM EDT