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
XIB Provides Additional Details Regarding Qualifying Transaction; Lead Agent Appointed for Concurrent Financing of up to $10 Million
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) - XIB I Capital Corp. (TSXV: XIB.P) ("XIB") ("XIB") is pleased to provide additional details regarding its previously announced Qualifying Transaction (the "Transaction") with Mayur Resources Limited ("Mayur") and Mayur's wholly-owned subsidiaries, MR Exploration PNG Pte Ltd. ("MRE") and Adyton Resources Finance Company Ltd. ("Adyton Financeco"). Concurrent Financing As previously announced, as a condition to the Transaction,...
2020-11-27 2:49 PM EST
XIB and Mayur Resources Enter into Definitive Agreement for Qualifying Transaction
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2020) - XIB I Capital Corp. (TSXV: XIB.P) ("XIB") is pleased to announce it has entered into a definitive share purchase agreement dated November 12, 2020 (the "Definitive Agreement") with Mayur Resources Limited ("Mayur") and Mayur's wholly-owned subsidiaries, MR Exploration PNG Pte Ltd. ("MRE") and Adyton Resources Finance Company Ltd. ("Adyton Financeco"), in respect of its previously announced Qualifying Transaction. In...
2020-11-12 6:46 PM EST
XIB and Mayur Resources Enter into Letter of Intent for Qualifying Transaction
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2020) - XIB I Capital Corp. (TSXV: XIB.P) ("XIB"), is pleased to announce it has entered into an arm's length binding letter of intent dated September 4, 2020 (the "LOI") with Mayur Resources Limited ("Mayur"), a public company listed on the Australian Securities Exchange, pursuant to which XIB and Mayur have agreed to complete a business combination (the "Transaction") of XIB and Mayur's wholly-owned subsidiary, MR Exploration PNG...
2020-09-14 9:25 AM EDT