Buchans Resources Distributes Canterra Minerals Corporation Common Shares
Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - Buchans Resources Limited (the "Company" or "Buchans") is pleased to report the distribution to Buchans shareholders of 113,243,613 common shares ("Canterra Shares") of Canterra Minerals Corporation ("Canterra") (TSXV: CTM) (OTCQB: CTMCF) on June 28, 2024 (the "Distribution") at a ratio of 1.75 Canterra Shares for each common share of Buchans held as of March 28, 2024. The effective price of the Canterra Shares distributed was $0.055, based...
2024-07-02 6:00 PM EDT
Buchans Resources Reports 2023 Year End Results
Toronto, Ontario--(Newsfile Corp. - March 15, 2024) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports its financial results and results of operations for the year ended December 31, 2023. This news release should be read in conjunction with the Company's audited consolidated financial statements and the associated management's discussion and analysis (MD&A) for the year ended December 31, 2023 which are available on the...
2024-03-15 10:05 AM EDT
Buchans Resources Completes Sale of Newfoundland Assets to Canterra Minerals
Toronto, Ontario--(Newsfile Corp. - December 20, 2023) - Buchans Resources Limited ("Buchans" or the "Company") is pleased to report that the Company and its wholly-owned subsidiary, Buchans Minerals Corporation (the "Seller"), have completed the previously announced sale of the Company's portfolio of critical and precious metals projects in central Newfoundland to Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Buyer"), in exchange for common shares...
2023-12-20 5:47 PM EST
Buchans Resources Sells Newfoundland Assets to Canterra Minerals
Including the past Producing Buchans Mine and Other Critical and Precious Metals ProjectsToronto, Ontario--(Newsfile Corp. - November 22, 2023) - Buchans Resources Limited ("Buchans" or the "Company") is pleased to announce that the Company and its wholly-owned subsidiary, Buchans Minerals Corporation (the "Seller"), have entered into an asset purchase agreement (the "Asset Purchase Agreement") with...
2023-11-22 8:30 AM EST
Buchans Collaboration Agreement with Boliden AB Terminated
Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports that the Collaboration Agreement between the Company and Boliden l AB covering the Buchans VMS Project, at Buchans, central Newfoundland has terminated.Buchans entered into the Collaboration Agreement on its Buchans Project with Boliden in early 2021. Boliden was granted exclusivity rights to evaluate the project for...
2022-09-30 4:12 PM EDT
Buchans Reports 2021 Year End Results
Collaboration with Boliden ContinuesToronto, Ontario--(Newsfile Corp. - April 18, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports its financial results and results of operations for the year ended December 31, 2021. This news release should be read in conjunction with the Company's audited financial statements and the associated management's discussion and analysis (MD&A) for the year ended December 31, 2021 which...
2022-04-18 8:47 AM EDT
Buchans Announces $500,000 Insider Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - December 29, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has completed a private placement financing of $500,000 through the issue of 2,500,000 flow-through shares of the Company at a price of $0.20 per flow through share.John F. Kearney, Chairman and Chief Executive of Buchans purchased the 2,500,000 flow-through shares for gross proceeds of $500,000 in the private placement. This private placement by an Insider, who...
2021-12-29 8:01 AM EST
Buchans Extends Collaboration Agreement with Boliden
Toronto, Ontario--(Newsfile Corp. - December 21, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces an extension to the Collaboration Agreement with Boliden under which Boliden is evaluating the Company's Buchans VMS base metals property in Newfoundland for future investment and participation (the "Project").In an Amending Agreement signed today, Boliden and Buchans confirmed their intention to enter into an Earn in and Option Agreement (the "Option Agreement") under...
2021-12-21 11:17 AM EST
Buchans Resources Exploration Update
Toronto, Ontario--(Newsfile Corp. - September 1, 2021) - Buchans Resources Limited ("Buchans" or the "Company"), a Canadian mineral exploration and development company, is pleased to provide the following update on its three new and active joint ventures exploring for gold within the central Newfoundland gold belt, while continuing collaboration with Boliden AB on the Company's flagship Buchans base metal property (See Buchans news release dated January 5, 2021). Both of these initiatives are...
2021-09-01 7:01 AM EDT
Buchans PDAC Update on 2021 Exploration Plans
Potential High-Grade Addition to Lundberg DepositToronto, Ontario--(Newsfile Corp. - March 9, 2021) - Buchans Resources Limited ("Buchans") reports that compilation and assessment work, in conjunction with Boliden AB, is well underway on the Company's Buchans VMS project in Newfoundland under the Boliden Collaboration Agreement announced January 5, 2021 and that 2021 exploration plans include drilling a high-grade target adjacent to the Company's large Lundberg, potential open pit,...
2021-03-09 8:00 AM EST
Buchans Resources Announces Gold Exploration Programs in Central Newfoundland
Toronto, Ontario--(Newsfile Corp. - March 5, 2021) - To coincide with PDAC 2021 (Virtual) Conference, Buchans Resources Limited ("Buchans") announces planned 2021 exploration programs on several of its 100%-owned gold projects in central Newfoundland. Buchans' gold projects were generated outside the Company's central Newfoundland VMS properties as additional exploration opportunities with potential to generate significant shareholder value. These properties have recently garnered increased...
2021-03-05 7:01 AM EST
Buchans Resources Announces Collaboration Agreement with Boliden on Buchans VMS Camp
Toronto, Ontario--(Newsfile Corp. - January 5, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has entered into a Collaboration Agreement with Boliden Mineral AB under which Boliden will evaluate the Company's Buchans VMS base metals property in Newfoundland for possible future investment and participation. Boliden Mineral AB, ("Boliden") a Swedish public limited company, is part of the Boliden Group and is a wholly owned subsidiary of Boliden AB (publ), a...
2021-01-05 1:31 PM EST