New Break Initiates Gradient Array IP Survey at Its Moray Property
Toronto, Ontario--(Newsfile Corp. - October 21, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has commenced an Induced Polarization ("IP") survey at its Moray property, located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. The high-resolution Gradient Array IP survey is intended to test for high chargeability sulfides that may be associated with the...
2024-10-21 7:59 AM EDT
New Break Announces up to $600,000 Non-Brokered Private Placement Offering
Toronto, Ontario--(Newsfile Corp. - October 15, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 8,000,000 units ("Units") at $0.075 per Unit for gross proceeds of up to $600,000 (the "Offering"). Each Unit consists of one common share ("Common Share") of the Company and one common share purchase warrant ("Warrant"), with each Warrant entitling the holder thereof,...
2024-10-15 9:09 AM EDT
New Break Announces Private Placement and Early Warning Notice
Toronto, Ontario--(Newsfile Corp. - July 12, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces that it intends to close a non-brokered private placement with a greater than 10% security holder, on July 18, 2024 (the "Offering"). The Offering consists of the sale of 1,500,000 flow-through units ("FT Units") at a price of $0.11 per FT Unit, for gross proceeds of $165,000. Each FT Unit consists of one common share that will qualify as a "flow-through share"...
2024-07-12 6:00 PM EDT
New Break Discusses Critical Minerals Potential at Moray Property and Closes Final Tranche of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - March 6, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to discuss the critical minerals potential of the Moray property, in light of significant developments with respect to contiguous properties. The 8,483-hectare Moray property is located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. ("Alamos Gold"). While the principal focus to date...
2024-03-06 7:00 AM EST
New Break Discusses Exploration Results on Expanded Moray Property Package 2023 Samples up to 9.86 g/t Au with Historical Samples up to 1,556 g/t Au
Toronto, Ontario--(Newsfile Corp. - February 27, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report that the results of field work comprising the 2023 exploration program on the northern portion of the Moray Project, has yielded numerous prospective gold assays from both grab and channel samples from multiple locations as follows: Table 1: Grab Sampling Program Assays - Trench 8 ("TR8") and Kitchiming Lake West ("KW") Areas
2024-02-27 7:00 AM EST
New Break Announces Financing Extension and Early Warning Notice
Toronto, Ontario--(Newsfile Corp. - January 23, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces that it intends to close the non-brokered private placement first announced on December 7, 2023 (the "Offering") by February 29, 2024. The Offering consists of the sale of up to 3,750,000 non-flow-through units ("Units") at $0.08 per Unit for gross proceeds of up to $300,000 and 7,000,000 flow-through units ("FT Units") at a price of $0.10 per FT Unit, for...
2024-01-23 5:44 PM EST
New Break Announces Appointment of Gordon G. Morrison to Board of Directors
Toronto, Ontario--(Newsfile Corp. - January 4, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is extremely pleased to announce the addition of Mr. Gord Morrison, B.Sc., to the Company's Board of Directors. Having been an integral part of the discovery of 13 major polymetallic and precious metal deposits, 6 of which are producing mines, with 4 others at the feasibility stage, Gord joins New Break as one of Canada's most successful mine finders and a leader in the...
2024-01-04 7:00 AM EST
New Break Announces Closing of First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 29, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that, further to its news release dated December 7, 2023, it has closed the first tranche of the previously announced non-brokered private placement (the "Offering") of flow-through units ("FT Units") at a price of $0.10 per FT Unit and non-flow-through units ("Units") at a price of $0.08 per Unit. The closing of the first tranche of the Offering...
2023-12-29 6:43 PM EST
New Break Announces up to $1 Million Non-Brokered Private Placement Offering
Toronto, Ontario--(Newsfile Corp. - December 7, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 3,750,000 non-flow-through units ("Units") at $0.08 per Unit for gross proceeds of up to $300,000 and 7,000,000 flow-through units ("FT Units") at a price of $0.10 per FT Unit, for gross proceeds of up to $700,000 (the "Offering"). The Company will make a provision for...
2023-12-07 7:00 AM EST
New Break Identifies New Gold Bearing Structures at the Sundog Project in Nunavut
Toronto, Ontario--(Newsfile Corp. - December 6, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report that the results from rock chip and grab samples taken from the Sundog Gold Project in Kivalliq Region, Nunavut ("Sundog") have identified new gold bearing structures on the property, with half of the eight samples taken grading over 7.5 grams per tonne gold ("g/t Au") as shown in the following table: Table 1: 2023 Sundog Sample Highlights
2023-12-06 7:00 AM EST
Prospecting Legend Ken Reading Returns to New Break's Sundog Gold Project at Age 93
Toronto, Ontario--(Newsfile Corp. - November 8, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report that in September 2023, a New Break field team comprised of famed Canadian prospector Ken Reading, Shaun Parent, P. Geo. of Superior Exploration Ltd. and a field assistant, accessed the Sundog Gold Project in Kivalliq Region, Nunavut ("Sundog") by float plane from Thompson, Manitoba. The team performed a reconnaissance site visit to confirm access to...
2023-11-08 7:00 AM EST
New Break Announces Voting Results from 2023 AGM
Toronto, Ontario--(Newsfile Corp. - August 25, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce the voting results from the Company's annual general meeting of shareholders held in Toronto on August 24, 2023 (the "2023 AGM"). A total of 29,052,820 common shares were represented in person or by proxy at the 2023 AGM, representing 61.07% of the Company's outstanding common shares as at the record date of July 24, 2023. Shareholders voted in...
2023-08-25 2:41 PM EDT
New Break Increases Moray Property Position Through Staking and Acquisition
Toronto, Ontario--(Newsfile Corp. - July 17, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that the Company has further increased the land position at its Moray property ("Moray") to 8,311 hectares from 5,354 hectares. Moray is located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. Since March 1, 2023, New Break has increased its property position at Moray by...
2023-07-17 6:45 AM EDT
New Break Announces Successful Warrant Exercise Incentive Program
Toronto, Ontario--(Newsfile Corp. - June 26, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces that, further to its news release of June 8, 2023, the Company has successfully completed its common share purchase warrant ("Warrants") exercise incentive program (the "Incentive Program"). Pursuant to the Incentive Program, holders of certain Warrants with an exercise price of $0.15 (the "Subject Warrants") and expiring on June 23, 2023 (the "Expiry Date") who...
2023-06-26 6:45 AM EDT
New Break Reprices Warrants and Announces Warrant Exercise Incentive Program
Toronto, Ontario--(Newsfile Corp. - June 8, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces the repricing of 1,730,000 common share purchase warrants with an exercise price of $0.20 and an expiry date of June 23, 2023 (the "Repriced Warrants"), to $0.15, effective immediately (the "Warrant Repricing"). Following the Warrant Repricing, the Company will have an aggregate of 6,274,200 outstanding warrants, having an exercise price of $0.15 and an expiry date...
2023-06-08 8:46 AM EDT
New Break Announces Closing of Property Acquisition, Grant of Stock Options and Early Warning Notice
Toronto, Ontario--(Newsfile Corp. - June 2, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has closed the acquisition of an additional 2,460 hectares of mineral claims contiguous with its Moray property, located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. The acquisition, which increases the Company's land position at Moray to approximately 5,354...
2023-06-02 5:18 PM EDT
New Break Announces Closing of $500,700 Non-Brokered Flow-Through Financing
Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it closed its previously announced non-brokered private placement flow-through financing (the "FT Offering") on May 31, 2023, for proceeds of $500,700. The funds will primarily be used by New Break to conduct a planned drilling program at its Moray gold project located in Ontario on the Cadillac Larder-Lake Fault Zone, approximately 49 km south of...
2023-06-01 6:45 AM EDT
New Break Acquires Additional Property at its Moray Project
Toronto, Ontario--(Newsfile Corp. - May 15, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has entered into a mining claim acquisition agreement (the "Agreement") with three arm's length individuals (the "Vendors") pursuant to which New Break will acquire the Beyer Kitchiming Lake gold-copper property (the "Property") from the Vendors. The acquisition increases the land position at New Break's Moray property ("Moray") to 5,354...
2023-05-15 6:45 AM EDT
New Break Announces Flow-Through Financing to Raise up to $750,000
Toronto, Ontario--(Newsfile Corp. - May 9, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering of up to 5,000,000 flow-through common shares ("Flow-Through Shares") at a price of $0.15 per Flow-Through Share, for gross proceeds of up to $750,000 (the "Offering"). All securities issued under the Offering are subject to a four-month and one day statutory hold period. The gross...
2023-05-09 8:30 AM EDT
New Break Increases Land Position at its Moray Project
Toronto, Ontario--(Newsfile Corp. - March 15, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that the Company has increased the land position at its Moray property ("Moray") to 2,894 hectares from 1,856 hectares. Moray is located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc.. Moray exhibits comparable geology, mineralization and alteration characteristics to...
2023-03-15 8:30 AM EDT