Signature Resources Ltd.

Signature Resources Ltd. is a Canadian based advanced stage exploration company focused on expanding the 100% owned Lingman Lake Gold deposit, located within the prolific Red Lake district in Northwestern Ontario, Canada.

Recent News

Signature Resources Closes Upsized Equity Financing

Toronto, Ontario--(Newsfile Corp. - June 12, 2024) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") is pleased to announce that it has closed its previously announced upsized offering and is issuing 10,900,000 flow-through shares ("FT Shares") and 31,143,506 non-flow-through shares ("NFT Shares") each priced at $0.05 per share for gross proceeds of $2,102,175. On May 2, 2024 the Company announced that it was launching a non-brokered private...

2024-06-12 7:00 AM EDT

Signature Resources Receives Exploration Permit and Upsizes Equity Financing

Toronto, Ontario--(Newsfile Corp. - May 23, 2024) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") is pleased to announce that the Company has received its exploration permit, number PR-21-000218, for the Lingman Lake project. The permit covers 197 claims surrounding the patented claims. The permit is in effect for three years, allowing the Company to complete its 2024 planned drilling campaign as well as expanded drilling operations in the...

2024-05-23 7:00 AM EDT

Signature Resources Announces Equity Financing and Commencement of 2024 Field Programs

Toronto, Ontario--(Newsfile Corp. - May 2, 2024) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") is pleased to announce that the Company is offering a non-brokered private placement of flow-through shares ("FT Shares") and non-flow-through shares ("NFT Shares") for gross proceeds of up to C$1,000,000 (the "Offering"). Over half of the Offering is expected to be subscribed for by members of the Company's board of directors and management.Each FT...

2024-05-02 6:00 PM EDT

Signature Announces Updated Geologic Model, Completed Design of Its 2024 Drill Program and Planned 2024 Activities

Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") is pleased to announce that its contractor Watts, Griffin, McOuat ("WGM") has completed updating its geologic model by incorporating the historical drilling completed in the 1980's. This was an important step in our roadmap to defining the prospects of the Lingman Lake Project and delivering on our objectives for 2024.With the addition of the...

2024-03-26 5:01 PM EDT

Signature Resources Announces the Upsizing and Closing of Equity Financing and Addition to Its Board of Directors

Toronto, Ontario--(Newsfile Corp. - December 13, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") is pleased to announce that the Company has upsized and completed its non-brokered private placement of flow-through shares ("FT Shares") and non-flow-through shares ("NFT Shares") for gross proceeds of C$696,250 (the "Offering") increased from the previously announced offering amount of C$600,000. The offering is comprised of 20,045,455 FT...

2023-12-13 5:11 PM EST

Signature Resources Announces Equity Financing and Option Grant

Toronto, Ontario--(Newsfile Corp. - November 6, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") is pleased to announce that the Company is offering a non-brokered private placement of flow-through shares ("FT Shares") and non-flow-through shares ("NFT Shares") for gross proceeds of up to C$600,000 (the "Offering"). Nearly twenty percent of the Offering is expected to be subscribed for by members of the Company's board of directors and...

2023-11-06 5:01 PM EST

Signature Resources Ltd. Announces Results of 2023 Annual General and Special Meeting of Shareholders and Changes to Management Team

Toronto, Ontario--(Newsfile Corp. - September 6, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") is pleased to announce the results of voting at its annual general and special meeting of the shareholders which was held today (the "Meeting").All matters submitted to the shareholders, as set out in the Company's Notice of Meeting and Management Information Circular, were approved by the requisite majority of votes cast at the...

2023-09-06 7:58 PM EDT

Signature Resources Announces Strategic Review Results

Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") announces it has completed the previously announced strategic review process and geologic model review (the "Reviews"). [See PR dated November 15, 2022]. As part of the Reviews and recent Corporate Restructuring, the Company has:Engaged Watts, Griffis, and McQuat Limited (WGM) to complete a review of its geologic modeling and data and provide...

2023-06-28 5:25 PM EDT

Signature Resources Announces Closing of a Shares for Debt Transaction

Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") announces that further to its press release dated March 8, 2023 it has completed its shares for debt transaction whereby an aggregate of $217,402 of the Company's outstanding debt was settled by way of the issuance of 5,435,050 common shares in the capital of the Company to two non-arms length creditors at a deemed price of $0.04 per Share...

2023-03-31 5:01 PM EDT

Signature Resources Announces Closing of a Private Placement

Toronto, Ontario--(Newsfile Corp. - March 8, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Offering"). Pursuant to the Offering, the Company has issued 20,325,000 common shares (the "Shares") for aggregate gross proceeds of C$813,000. Each Share was issued at a price of C$0.04. Insiders of the Company purchased or acquired direction and control over a total...

2023-03-08 8:30 AM EST

Signature Resources Ltd. Announces Upsize of Previously Announced Private Placement Financing up to C$1,030,402

Toronto, Ontario--(Newsfile Corp. - February 24, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) ("Signature" or the "Company") announces that it has increased the size of its previously announced non-brokered private placement from aggregate gross proceeds of C$900,000 to aggregate gross proceeds of C$1,030,402 (the "Offering"). The Offering will consist of the sale of common shares of the Company at a price of C$0.04 per common share. The Company has received commitments for...

2023-02-24 8:30 AM EST

Signature Resources Ltd. Announces Upsize to Private Placement Financing to C$900,000

Toronto, Ontario--(Newsfile Corp. - February 7, 2023) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) ("Signature" or the "Company") announces that it has updated the previously announced non-brokered private placement to C$900,000 (the "Offering") at a price of C$0.04 per common share. The Company has received commitments for over half of the Offering, to be subscribed for by members of the Company's board of directors.Completion of the Offering remains subject to the approval of the...

2023-02-07 5:01 PM EST

Signature Resources Announces TSXV Approval of Share Consolidation

Toronto, Ontario--(Newsfile Corp. - December 2, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") has approved a share consolidation of the outstanding capital of the Company (the "Consolidation") of the Company's common shares on the basis of five (5) pre-Consolidation common shares for one (1) post-Consolidation common share.The Consolidation will be effective at the open of...

2022-12-02 8:00 AM EST

Signature Resources Announces Commencement of a Strategic Review Process and Corporate Restructuring

Toronto, Ontario--(Newsfile Corp. - November 15, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") announces it has commenced a strategic review process and corporate restructuring (the "Strategic Review Process and Restructuring"). While various technical consultants have given management and the board of directors a clear indication of the technical merits and the clear exploration potential of the Lingman Lake Project, the current...

2022-11-15 8:00 AM EST

Signature Resources Expands Gold Mineralization with Ongoing Initial Resource Estimation Development Work

Toronto, Ontario--(Newsfile Corp. - August 30, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") is pleased to update progress on its NI 43-101 initial resource estimation effort for our 100%-owned Lingman Lake Gold Project in northern Ontario, Canada. Initial resource enhancement. Further to the previously issued update, over the course of working with Wood Canada Limited ("Wood"), and Watts, Griffis, and McQuat Limited ("WGM"), the Company...

2022-08-30 8:00 AM EDT

Signature Resources Provides a Progress Update on Its NI 43-101 Initial Resource Estimation Development Work

Toronto, Ontario--(Newsfile Corp. - June 29, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") is pleased to update progress on its NI 43-101 initial resource estimation effort for our 100%-owned Lingman Lake Gold Project in Ontario, Canada. Since engaging the services of Wood Canada Limited ("Wood"), formerly Amec Foster Wheeler, to complete the previously announced initial NI 43-101 mineral resource estimate for the Lingman Lake Gold...

2022-06-29 8:00 AM EDT

Signature Resources Ltd. Announces Results of 2022 Annual General & Special Meeting of Shareholders and Grant of Stock Options

Toronto, Ontario--(Newsfile Corp. - May 27, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE 3S3) ("Signature" or the "Company") is pleased to announce the results of voting at its annual general and special meeting of the shareholders which was held May 26, 2022 (the "Meeting"). All matters submitted to the shareholders, as set out in the Company's Notice of Meeting and Management Information Circular, were approved by the requisite majority of votes cast at the...

2022-05-27 8:30 AM EDT

Signature Resources Announces Closing of Oversubscribed Private Placement and Engagement of Wood Canada to Complete the Initial Mineral Resource Estimate for Q2/22

Toronto, Ontario--(Newsfile Corp. - March 9, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE 3S3) ("Signature" or the "Company") is pleased to announce that due to strong demand, it has closed an over-subscribed non-brokered private placement (the "Offering"). Pursuant to the Offering previously announced in press releases on February 15 and 25, 2022, the Company has issued 19,692,335 non-flow-through shares (the "NFT Shares") and 18,082,800 flow-through shares (the "FT...

2022-03-09 4:15 PM EST

Signature Resources Announces an Upsizing of the Recently Announced Equity Financing up To C$2,000,000

Toronto, Ontario--(Newsfile Corp. - February 25, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE 3S3) ("Signature" or the "Company") is pleased to announce that due to strong demand, the Company's previously announced non-brokered private placement equity financing has been upsized. The non-brokered private placement will consist of both flow-through shares ("FT Shares") and non-flow-through shares ("NFT Shares") for gross proceeds of up to C$2,000,000 (the "Offering").As a...

2022-02-25 3:11 PM EST

Signature Resources Announces $1,000,000 Equity Financing

Toronto, Ontario--(Newsfile Corp. - February 15, 2022) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) ("Signature" or the "Company") is pleased to announce that the Company is offering a non-brokered private placement of flow-through shares ("FT Shares") and non-flow-through shares ("NFT Shares") for gross proceeds of up to C$1,000,000 (the "Offering"). Over half of the Offering is expected to be subscribed for by members of the Company's board of directors and...

2022-02-15 8:00 AM EST

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