PNG Copper Inc. Announces Commencement of Drilling
Toronto, Ontario--(Newsfile Corp. - March 25, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to report that the previously announced program to drill the Doriri nickel-palladium prospect on the PNG Copper property has commenced with the first hole starting today. The program is the completion of four cored drill holes for a total of 235 meters. This round of drilling will expand upon ten mineralized costean and four mineralized intersections from four drill...
2022-03-25 4:05 PM EDT
PNG Copper Inc. Announces Settlement of Debt and Director Resignation
Toronto, Ontario--(Newsfile Corp. - March 21, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce that it has completed certain annual obligations under the existing Option Agreement by issuance of Class A common shares in the capital of the Company ("Common Shares"). The Company settled outstanding obligations of CAD$277,498.50 with Papuan Minerals Pty Ltd. through the issuance of 4,703,364 Common Shares.The Company also announces the resignation of...
2022-03-21 1:48 PM EDT
PNG Copper Inc. Announces Settlement of Debt
Toronto, Ontario--(Newsfile Corp. - March 11, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce that it settled outstanding obligations with former senior management of the Company by issuance of Class A common shares in the capital of the Company ("Common Shares").The Company settled outstanding obligations of $349,996.00 ("Debt Settlement") with the former senior management through the issuance of 5,833,266 Common Shares. All Common Shares issued...
2022-03-11 12:37 PM EST
PNG Copper Inc. Announces Settlement of Debt
Toronto, Ontario--(Newsfile Corp. - March 7, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce that it settled outstanding indebtedness with a director of the Company by issuance of units ("Units").The Company settled outstanding indebtedness of $108,711.46 ("Debt Settlement") with the director through the issuance of 1,553,020 Units. Each Unit consisted of one (1) Common Share and one (1) Common Share purchase warrant ("Warrant"). Each whole Warrant...
2022-03-07 1:51 PM EST
PNG Copper Inc. Announces Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - February 14, 2022) - PNG Copper Inc. (CSE: PNGC) (the "Company") announces the grant, pursuant to its Stock Option Plan, of options to certain eligible directors and officers to purchase a total of 2,150,000 common shares, exercisable in whole or in part on or before February 9, 2026, at an exercise price of $0.10 per share.About PNG Copper Inc. PNG Copper Inc. is a mineral exploration company focused on acquiring, exploring, and developing quality mineral...
2022-02-14 4:53 PM EST
PNG Copper Inc. Announces Closings of Private Placement and Debt Settlement
Toronto, Ontario--(Newsfile Corp. - January 24, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce the simultaneous closings of a brokered private placement offering ("Private Placement") and settlement of outstanding indebtedness with senior management of the Company ("Debt Settlement"). The Company, pursuant to the Private Placement, issued 1,500,000 units for gross proceeds of C$105,000.00. In connection with the closing of the Private Placement, the...
2022-01-24 5:16 PM EST
PNG Copper Inc. Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 14, 2021) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce the closing of a private placement offering ("Private Placement"). The Company, pursuant to the Private Placement, issued 1,428,572 units for gross proceeds of C$100,000.04. In connection with the closing, the Company paid a cash fee of C$9,000.00 and issued 142,857 non-transferable broker warrants to its agent, IBK Capital Corp. ("IBK Capital"). Each...
2021-12-14 1:20 PM EST
PNG Copper Inc. Announces Stock Option Grant
Timmins, Ontario--(Newsfile Corp. - November 29, 2021) - PNG Copper Inc. (CSE: PNGC) (the "Company") announces the grant, pursuant to its Stock Option Plan, of options to certain eligible directors and officers to purchase a total of 600,000 common shares, exercisable in whole or in part on or before November 25, 2025, at an exercise price of $0.15 per share.About PNG Copper Inc. PNG Copper Inc. is a mineral exploration company focused on acquiring, exploring, and developing quality mineral...
2021-11-29 6:22 PM EST
PNG Copper Inc. Update
Timmins, Ontario--(Newsfile Corp. - November 26, 2021) - PNG Copper Inc. (CSE: PNGC) (the "Company") has filed its financial statements and MD&A for the quarter and nine months ending September 30, 2021.During the quarter, drill hole WAKD001 was commenced at the Waki prospect, immediately east of the Omu prospect, to test a significant copper result obtained during mapping and sampling and to explore at depth an interpreted magnetic anomaly. The target depth of the hole was 250 meters.The...
2021-11-26 8:26 AM EST
PNG Copper Inc. Announces the Appointment of Dr. David Lindley as Interim CEO, Review of Drilling Program
Timmins, Ontario--(Newsfile Corp. - September 28, 2021) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce the appointment of Dr. David Lindley as acting Chief Executive Officer of the Company, effective immediately. The Company's existing drill program has been put on hold and Dr. Lindley will be travelling to Papua New Guinea to complete a review and assessment of the site and equipment and will then prepare recommendations to the Company for a...
2021-09-28 8:30 AM EDT
PNG Copper Inc. Announces Closing of Third and Final Tranche of Private Placement
Timmins, Ontario--(Newsfile Corp. - September 2, 2021) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce that it has closed a third and final tranche of its private placement offering first announced in its news release of June 22, 2021. In this third tranche, the Company issued 2,498,333 units for gross proceeds of C$374,749.95. In connection with the closing, the Company paid a cash fee of C$18,000 and issued 133,333 non-transferable broker warrants to...
2021-09-02 3:58 PM EDT
PNG Copper Inc. Announces Closing of Second Tranche of Private Placement
Timmins, Ontario--(Newsfile Corp. - August 12, 2021) - PNG Copper Inc. (CSE: PNGC) (formerly "Golden Birch Resources Inc.") ("PNG Copper" or the "Company") is pleased to announce that it has closed a second tranche of its private placement offering first announced in its news release of June 22, 2021. In this second tranche, the Company issued 3,333,333 units for gross proceeds of C$500,000. In connection with the closing, the Company paid a cash fee of C$47,000 and issued 333,333...
2021-08-12 2:13 PM EDT
Golden Birch Resources Inc. Commences Drilling at Waki Copper-Gold Prospect on the Keveri Project and Changes Name to PNG Copper Inc.
Timmins, Ontario--(Newsfile Corp. - August 10, 2021) - Golden Birch Resources Inc. (CSE: GBRX) ("Golden Birch" or the "Company") is pleased to announce that drilling has begun on the Copper-Gold Porphyry Waki Target at the Keveri Project, PNG.A 3,000 m drill program is designed to test the three drill-ready Copper-Gold Porphyry targets, Waki, Urua and Omu along with a nickel target, Doriri. The program will test geophysical targets, existing trenches and further investigate some historical...
2021-08-10 11:37 AM EDT
Golden Birch Resources Inc. Announces Results of AGM, Updates Shareholders on the Upcoming Keveri Project Drill Program
Timmins, Ontario--(Newsfile Corp. - July 20, 2021) - Golden Birch Resources Inc. (CSE: GBRX) ("Golden Birch" or the "Company") is pleased to announce the results of its annual general meeting of shareholders ("AGM") held today.Shareholders approved all matters recommended by management, including:the election of David Drinkwater, Iain Martin, Stephen Grey, Chris Cornelius and Steve Balch as directors of the Company;the reappointment of McGovern Hurley LLP as the Company's auditors; andthe...
2021-07-20 12:54 PM EDT
Golden Birch Resources Inc. Reminds Shareholders of Upcoming AGM
Timmins, Ontario--(Newsfile Corp. - July 15, 2021) - Golden Birch Resources Inc. (CSE: GBRX) ("Golden Birch" or the "Company") reminds shareholders to vote their proxies on-line before the annual general meeting of shareholders ("AGM") to be held on July 20, 2021 at 10am Eastern Time.Registered shareholders are reminded that they may obtain a voting control number from Capital Transfer Agency Inc. by sending an email to voteproxy@capitaltransferagency.com requesting a voting control number....
2021-07-15 12:19 PM EDT
Golden Birch Resources Inc. Announces First Tranche Closing of Private Placement
Timmins, Ontario--(Newsfile Corp. - June 28, 2021) - Golden Birch Resources Inc. (CSE: GBRX) ("Golden Birch" or the "Company") is pleased to announce that it has closed the first tranche of the private placement offering announced on June 22, 2021. As part of the closing of this first tranche, the Company issued 1,666,666 units for gross proceeds of C$250,000. The Company paid a cash fee of C$22,500 and issued 166,666 non-transferable broker warrants to its agent, IBK Capital Corp. ("IBK...
2021-06-28 5:15 PM EDT
Golden Birch Resources Inc. Announces Grant of Stock Options
Timmins, Ontario--(Newsfile Corp. - June 23, 2021) - Golden Birch Resources Inc. (CSE: GBRX) ("Golden Birch" or the "Company") announces that pursuant to the Company's stock option plan and the policies of the Canadian Securities Exchange, it has granted 419,000 stock options to purchase Class A common shares ("Shares") of the Company at a price of $0.20 per Share for a period of four years to certain directors and consultants of the Company.About Golden Birch Resources Inc.Golden Birch...
2021-06-23 5:16 PM EDT
Golden Birch Resources Inc. Announces a $3,000,000 Private Placement Financing of Units
Timmins, Ontario--(Newsfile Corp. - June 22, 2021) - Golden Birch Resources Inc. (CSE: GBRX) ("Golden Birch" or the "Company") announces that it has engaged IBK Capital Corp. ("IBK Capital") to manage a proposed private placement financing for gross proceeds of up to C$3,000,000 through the sale of 20,000,000 units ("Units") of the Company at a price of C$0.15 per Unit (the "Offering"). Each Unit shall consist of one Class A common share in the capital of the Company ("Share") and...
2021-06-22 9:06 AM EDT