PNG Copper Inc

Recent News

  • PNG Copper Inc. Provides Bi-Weekly Default Status Report

    Toronto, Ontario--(Newsfile Corp. - December 1, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") announces that further to its news release dated November 15, 2022 (the "Default Announcement"), the Company's principal regulator, the Ontario Securities Commission (the "OSC") granted a management cease trade order (the "MCTO") on November 30, 2022, under National Policy 12-203 Management Cease Trade Orders ("NP 12-203").Pursuant to the MCTO, the CEO, CFO and directors of the Company may not trade in securities...

    2022-12-01 5:09 PM EST
  • PNG Copper Inc. Announces Delay of Filings

    Toronto, Ontario--(Newsfile Corp. - November 15, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") announces that it will be unable to file its interim financial report, management discussion and analysis and related Certifying Officer certificates for the third quarter ended September 30, 2022 (the "Required Filings") which are required to be filed on or before November 29, 2022 (the "Filing Deadline").In connection with the anticipated delay, the Company has applied to the Ontario Securities Commission requesting...

    2022-11-15 4:20 PM EST
  • Assay Results Update

    Toronto, Ontario--(Newsfile Corp. - September 21, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") announces that assay results have been received from the final drillhole of the recently completed four-hole drill program at the Doriri nickel-palladium-platinum prospect, Mt Suckling, Papua New Guinea.Highlights14.10 m of 0.72% Ni, 0.53 g/t PGM in DOD008 from 13.35 m10.70 m of 1.78% Ni, 0.67 g/t PGM in DOD003 from 2.80 m (best intersection)All eight holes intersected significant nickel and platinum-palladiumAirborne and...

    2022-09-21 7:30 AM EDT
  • PNG Copper Inc: Announcement of Assay Results

    Toronto, Ontario--(Newsfile Corp. - September 6, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") announces that assay results have been received from the first three drillholes of the recently completed four-hole drill program at the Doriri nickel-palladium-platinum prospect, Mt Suckling, Papua New Guinea.David Lindley, Interim CEO and responsible for the drilling of the present drillholes at Doriri and the previous 2012 drillholes, said, "The three drillholes have extended known nickel-palladium-platinum mineralisation to depths of 80 m...

    2022-09-06 7:30 AM EDT
  • PNG Copper Inc. Announces Settlement of Debt and Grant of Options

    Toronto, Ontario--(Newsfile Corp. - September 3, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to announce that it has completed certain 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$450,000 with Papuan Minerals Pty Ltd. through the issuance of 10,102,041 Common Shares.The Company also completed a grant, pursuant to its Stock Option Plan, of options...

    2022-09-03 9:26 AM EDT
  • PNG Copper Inc. Announces Closings of Private Placement and Debt Settlement

    Toronto, Ontario--(Newsfile Corp. - August 17, 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 2,000,000 units for gross proceeds of C$100,000.00. In connection with the closing of the Private Placement, the Company paid a cash fee of C$9,000.00 and issued...

    2022-08-17 8:42 AM EDT
  • PNG Copper Announces Conclusion of Phase I Drilling of the Doriri Ni-Pd-Pt Prospect, Papua New Guinea

    Toronto, Ontario--(Newsfile Corp. - July 13, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to report that drillhole DOD008, on Section 10000N, the final drillhole in the Phase I drilling programme at Doriri Ni-Pd-Pt prospect, was collared on July 5, 2022. The hole intersected an 18.55 m downhole width of the Doriri mineralization between 10.95 m to 29.50 m. The drillhole was completed below Costean I and previously completed (2012) cored drillholes DOD003 and...

    2022-07-13 7:30 AM EDT
  • Update on Drilling of the Doriri Ni-Pd-Pt Prospect, Papua New Guinea

    Toronto, Ontario--(Newsfile Corp. - June 29, 2022) - PNG Copper Inc. (CSE: PNGC) ("PNG Copper" or the "Company") is pleased to report that following the completion of drillhole DOD005 on section 10040N at the Doriri nickel-palladium-platinum prospect on June 15, 2022, drilling moved to Section 10025N which includes drillholes DOD006 and DOD007. Drilling results from Section 10025N will test the continuity of mineralization in Costean III, consisting of nickel-chlorite+rhythmically interlayered magnetite+sulphides, to ~50 m depth. Previous channel sampling of Costean...

    2022-06-29 7:30 AM EDT