Adyton Resources Closes Oversubscribed C$20 Million Financing Comprised of $14 Million Brokered Private Placement of Units and Concurrent $6 Million Non-brokered Private Placement of Units
Brisbane, Australia--(Newsfile Corp. - August 13, 2025) - Adyton Resources Corp. (TSXV: ADY) (FSE: 701) ("Adyton" or the "Company") is pleased to announce that it has completed its previously announced brokered private placement financing (the "Offering") for total gross proceeds of C$14,000,000 from the sale of 35,000,000 units of the Company (each, a "Unit") at a price of $0.40 per Unit (the "Offering Price"). Each Unit consists of one common share of the Company (each, a "Share") and...
2025-08-13 12:23 PM EDT
Adyton Resources Reports Fatality at Gameta
Brisbane, Australia--(Newsfile Corp. - July 28, 2025) - Adyton Resources Corporation (TSXV: ADY) (FSE: 701) ("Adyton" or the "Company") regrets to report a fatality at the Gameta Project in Papua New Guinea. This tragic accident involved a casual employee engaged by Adyton's joint venture partner who passed away as a result of an accident while operating a drilling rig. No other person was injured in the accident. The relevant local authorities have been notified about the accident and the...
2025-07-28 10:37 AM EDT
Adyton Resources Strengthens Board and Grants Stock Options and RSUs
Brisbane, Australia--(Newsfile Corp. - July 24, 2025) - Adyton Resources Corporation (TSXV: ADY) (FSE: 701) ("Adyton" or the "Company") is pleased to announce the appointment of Co-Founder of Agentis Capital, Michael Gray as a Non-Executive Director to the Board. Michael's appointment is subject to TSXV approval and fills the vacancy created by the prior resignation of Mr. Chris Wilson. Appointment of Director Michael Gray is one of the industry's most respected and trusted independent...
2025-07-24 6:39 PM EDT
Adyton Reports Multiple Significant Gold Intersections from its Feni Island Gold-Copper Project Drilling, Including 144m at 1.18g/t Au
Port Moresby, Papua New Guinea--(Newsfile Corp. - July 22, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to report its first preliminary gold only assays from three diamond drill holes and provide an update on its ongoing 2025 drilling activities. This news release is also designed to provide new geological observations on drillholes pending assays at its 100% owned Feni Island project. HIGHLIGHTS Preliminary gold assay results have been returned for...
2025-07-22 8:49 AM EDT
Adyton Reports Update on Feni Island Gold-Copper Project Drilling
Port Moresby, Papua New Guinea--(Newsfile Corp. - June 12, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to provide an update on its ongoing 2025 drilling activities and share preliminary geological observations at its 100% owned Feni Island project. The 2025 drill program is designed to achieve 4 key objectives (refer Figure 1): 1) Test the depth extension of the existing Feni Resource with deep 400 m plus drill holes ; 2) Test the extent of...
2025-06-12 7:00 AM EDT
Adyton Resources Announces Filing of Financial Statements and MD&A for the Three Months Ended March 31, 2025
Port Moresby, Papua New Guinea--(Newsfile Corp. - May 28, 2025) - Adyton Resources Corporation (TSXV: ADY) announces that it has filed its financial statements for the three months ended March 31, 2025 and accompanying Management Discussion and Analysis on its SEDAR profile at www.sedarplus.ca. ON BEHALF OF THE BOARD OF ADYTON RESOURCES CORPORATION Tim Crossley, Chief Executive Officer For further information please contact: Tim Crossley, Chief Executive Officer E‐mail: ir@adytonresources.com...
2025-05-28 5:10 PM EDT
Adyton Reports First Drill Intercepts of up to 36 Grams per Tonne Gold from Its Wapolu Drill Campaign
Port Moresby, Papua New Guinea--(Newsfile Corp. - May 6, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to provide its first assay results from its drill campaign at Wapolu and an update on its ongoing development activities at the Wapolu and Gameta deposits on Fergusson Island in Papua New Guinea. KEY HIGHLIGHT Significant Intercepts up to 36 grams per tonne gold (g/t Au) reported from the first samples of a 4,300 meter (m), 48 drillhole program at...
2025-05-06 8:30 AM EDT
Adyton Announces First Drill Samples from Latest Campaign at Its Feni Island Gold Project (With High Copper Prospectivity) Have Been Dispatched for Analysis
Port Moresby, Papua New Guinea--(Newsfile Corp. - April 29, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to provide an update on its ongoing drilling activities at its 100% owned Feni Island project. KEY HIGHLIGHTS The first batch of Feni drill samples have been prepared for dispatch to Intertek laboratory. The first barge resupply of fuel and other items at Feni demonstrated the ease of access for resupply by large existing coastal supply barges. At...
2025-04-29 8:30 AM EDT
Adyton Resources Announces Filing of Financial Statements and MD&A for the Period Ending December 31, 2024 and Provides Corporate Update
Port Moresby, Papua New Guinea--(Newsfile Corp. - April 24, 2025) - Adyton Resources Corporation (TSXV: ADY) announces that it has filed its financial statements for the three and twelve months ended December 31, 2024 and accompanying Management Discussion and Analysis on its SEDAR+ profile at www.sedarplus.ca. Update on Board Changes As announced on April 15, 2025, Dr. Chris Wilson has resigned from the Board of Directors. In response to shareholder inquiries, the Company wishes to clarify...
2025-04-24 7:35 PM EDT
Adyton Resources Announces Resignation of Director
Port Moresby, Papua New Guinea--(Newsfile Corp. - April 15, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") announces that Dr. Chris Wilson has tendered his resignation from the board of directors of the Company, and the board has accepted his resignation. The Board wishes Mr. Chris Wilson every success in his future endeavors. ON BEHALF OF THE BOARD OF ADYTON RESOURCES CORPORATION For further information please contact: Tim Crossley, Chief Executive Officer...
2025-04-15 5:00 PM EDT
Adyton Announces Appointment of New Chief Financial Officer
Port Moresby, Papua New Guinea--(Newsfile Corp. - March 27, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce that Chirag Patel has joined the management team as Chief Financial Officer and Corporate Secretary effective immediately. Mr. Patel is a Chartered Professional Accountant with extensive experience in financial management, tax reporting, and corporate strategy for various public and multinational firms, including multiple years'...
2025-03-27 5:00 PM EDT
Adyton Resources Completes over 4,000m Drilling at Wapolu and Prepares for Gameta Drilling with Unanimous Landowner Support
Port Moresby, Papua New Guinea--(Newsfile Corp. - March 26, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to provide an update on its drilling and activities with Joint Venture partner, EVIH, at the Company's Wapolu and Gameta Gold Projects on Fergusson Island. KEY HIGHLIGHTS Over 4,000m of drilling completed at Wapolu, with the first phase of drilling expected to conclude in the coming weeks and mobilization of drill rigs to the nearby Gameta project...
2025-03-26 8:00 AM EDT
Adyton Resources Announces Drilling Advances at 100%-Owned Feni Island Gold-Copper Project
Port Moresby, Papua New Guinea--(Newsfile Corp. - March 20, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce that it has now been drilling for over a week on its 100% owned Feni Island Gold-Copper Project in PNG. Two core drilling rigs ha
2025-03-20 8:00 AM EDT
Adyton Resources: PNG Government State Team Visits Fergusson Island Wapolu Project to Commence Operations Restart Permitting
Port Moresby, Papua New Guinea--(Newsfile Corp. - March 12, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce that the Papua New Guinea (PNG) Mineral Resources Authority (MRA) led a state team to the Wapolu project over the period 1 March to 4 March 2025. The purpose of this visit was to familiarize key department officials with the Project, which was abandoned in the mid 90's, with the intention to provide a fast track approval process given...
2025-03-12 8:00 AM EDT
Significant Copper Mineralization in Addition to Gold on Feni Island
Port Moresby, Papua New Guinea--(Newsfile Corp. - February 27, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to provide an update on the importance of copper mineralization with respect to the Kabang Mineral Resource Estimate on Feni Island. HIGHLIGHTS Significant copper mineralization exists at Feni Project, not previously included in MRE. Historical significant copper results include: 250m @ 0.77 g/t Au and 0.17% Cu 85.4m @ 0.94 g/t Au and 0.57% Cu...
2025-02-27 8:00 AM EST
Drilling Progressing to Plan at Adyton's Fergusson Wapolu Project
Port Moresby, Papua New Guinea--(Newsfile Corp. - January 30, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to provide an update on its drilling program with Joint Venture partner, EVIH, at the Company's Wapolu Gold Project on Fergusson Island. Following mobilization by barge from Port Moresby in early December, EVIH has successfully constructed a 20-person camp, established pioneering roads and drill pads, and completed 15 angled diamond drill holes...
2025-01-30 7:02 AM EST
Adyton Advances Feni Gold-Copper Project with Multiple Rig Mobilization Underway and New Camp Completion
Port Moresby, Papua New Guinea--(Newsfile Corp. - January 16, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce two major milestones in advancing its Feni Gold Copper Project, located on the Feni Islands Group in Papua New Guinea. The Company has entered into a contract with Zenex Drilling, a renowned Papua New Guinea-based drilling services provider, and has completed the construction of a fit-for-purpose camp to support the drilling program....
2025-01-16 7:00 AM EST
Drone Survey Completed at Feni Island Gold-Copper Project
Port Moresby, Papua New Guinea--(Newsfile Corp. - January 14, 2025) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce the completion of a high-resolution drone magnetic and topographic survey of the Feni Island Gold-Copper Project. Figures 1, 2, and 3, referenced in this release, provide visual details of the survey and the coverage. The survey was conducted by Geoscan, who deployed UAV drones and high-resolution quantum magnetometers. HIGHLIGHTS...
2025-01-14 7:00 AM EST
XIB I Capital Corp. Receives Conditional Acceptance for Qualifying Transaction with MR Exploration PNG Pte Ltd. and Files Filing Statement
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2021) - XIB I Capital Corp. (TSXV: XIB.P) ("XIB") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the "Exchange") for its previously announced proposed Qualifying Transaction (the "Transaction") with MR Exploration PNG Pte Ltd. ("MRE") including the concurrent private placements, which is substantially described in XIB's news releases dated September 14, 2020, November 12, 2020,...
2021-02-12 10:49 PM EST
XIB And Mayur Resources Announce Closing of Concurrent Financing of Subscription Receipts
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2020) - XIB I Capital Corp. (TSXV: XIB.P) ("XIB") is pleased to announce that Adyton Resources Finance Company Ltd. ("Adyton Financeco") has closed its previously announced brokered private placement financing (the "Concurrent Financing"). Under the Concurrent Financing, Adyton Financeco issued and sold 28,758,886 subscription receipts (the "Subscription Receipts") for aggregate gross proceeds of $8,627,665.80. A syndicate led by...
2020-12-29 8:30 AM EST