BC Moly Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2022) - BC Moly Ltd. (NEX: BM.H) ("BC Moly" or the "Company") is pleased to announce that further to its press releases dated February 10, 2022 and February 16, 2022, the Company has closed the non-brokered private placement of subscription receipts (the "Offering") for aggregate gross proceeds of $1,000,000 at a price of $0.165 per subscription receipt. Pursuant to the terms of the Offering, the Company issued 3,910,606 conventional...
2022-04-14 8:02 AM EDT
BC Moly Announces Closing of Share Sale, Debt Settlement and Entering into of Option Agreements and Changes in Board and Management
Burnaby, British Columbia--(Newsfile Corp. - January 6, 2022) - BC Moly Ltd. (TSXV: BM.H) ("BC Moly" or the "Company") is pleased to announce that, further to its press releases dated July 13, 2021, December 30, 2021 and January 6, 2022, (i) the Company has settled an aggregate of $1,110,417.39 of indebtedness owed to a non-arm's length creditor through the issuance of 19,740,754 common shares of the Company ("BC Shares") at a price of $0.05625 per BC Share (the "Debt Settlement"), and (ii)...
2022-01-06 9:12 PM EST
BC Moly Ltd. Announces Completion of Previously Announced Debt Settlement
Burnaby, British Columbia--(Newsfile Corp. - January 6, 2022) - BC Moly Ltd. (TSXV: BM.H) (the "Company" or "BC Moly") announces in furtherance of its news release dated December 30, 2021, that it has completed its previously announced debt settlement and has settled an aggregate of $1,110,417.39 of indebtedness owed to 1095474 B.C. Ltd. (formerly Prairie Enterprises (Alberta) Inc.) ("109 BC Ltd.") through the issuance to 109 BC Ltd. of 19,740,754 common shares ("Common Shares") of the...
2022-01-06 4:37 PM EST
BC Moly Ltd. Announces Debt Settlement
Burnaby, British Columbia--(Newsfile Corp. - December 30, 2021) - BC Moly Ltd. (TSXV: BM.H) (the "Company" or "BC Moly") announces that it has agreed to settle an aggregate of $1,110,417.39 of indebtedness owed to a non-arm's length creditor through the issuance of 19,740,754 common shares ("Common Shares") of the Company at a price of $0.05625 per Common Share (the "Debt Settlement"). All Common Shares issued in connection with the Debt Settlement are subject to a statutory hold period of...
2021-12-30 6:00 PM EST
BC Moly Ltd. Announces Non-Binding Letter of Intent Entered into by Certain Shareholders Regarding Proposed Sale of BC Moly Shares, Conversion of Debt and Change of Management and Board
Burnaby, British Columbia--(Newsfile Corp. - July 13, 2021) - BC Moly Ltd. (TSXV: BM.H) (the "Company" or "BC Moly") announces that it has been advised that 1095474 B.C. Ltd. (formerly Prairie Enterprises (Alberta) Inc.) ("109 BC Ltd.") and the Yurkowski Joint Partner Trust (the "Yurkowski Trust" and together with 109 BC Ltd., the "Vendors") have entered into a non-binding letter of intent (the "LOI") with an arm's-length purchaser (the "Purchaser") regarding: (i) the proposed purchase by the...
2021-07-13 6:00 PM EDT