McLaren Drills Gold Mineralization on Augdome Property, Adjacent to Proposed Dome Mine Expansion
Toronto, Ontario--(Newsfile Corp. - January 4, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has recently completed an eleven-hole, 1,727 metre diamond drill program that was successful in intersecting gold mineralization on the west boundary of the Augdome Gold Property which is situated adjacent to the Dome Mine operated by Goldcorp Inc. ("Goldcorp") On October 25, 2017, Goldcorp announced a base case pre-feasibility study with a...
2018-01-04 9:00 AM EST
McLaren Resources Closes $350,000 Financing
Toronto, Ontario--(Newsfile Corp. - January 2, 2018) - McLaren Resources Inc. (CSE: MCL) (FWB: 3ML) ("McLaren" or the "Company") announces that it has closed a non-brokered private placement financing of $350,000. The financing consists of flow-through share units in the amount of $310,000 and common share units in the amount of $40,000 for aggregated gross proceeds of $350,000. The Company has issued a total of 3,100,000 flow-through share units at a price of $0.10 per unit and 400,000...
2018-01-02 9:00 AM EST
McLaren Resources Starts Exploration Drill Program on Its Augdome Gold Property
Toronto, Ontario--(Newsfile Corp. - October 23, 2017) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces the commencement of an exploration drill program on its 414-hectare Augdome Gold Property (the "Property") located in Tisdale and Whitney Townships in the prolific Timmins Gold District, Northeastern Ontario, Canada. The Property is located immediately to the east of the Dome Mine property held by Goldcorp Canada Ltd. ("Goldcorp"). The Property has seen...
2017-10-23 9:30 AM EDT
McLaren Resources Increases Financing to $300,000
Toronto, Ontario--(Newsfile Corp. - January 18, 2017) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that the Company has increased the financing previously announced on January 5, 2017 from $200,000 to $300,000. The non-brokered private placement financing consists of $125,000 of common share units and flow though units in the amount of $175,000 for aggregated gross proceeds of $300,000. The Company has issued at total of 2,500,000 common share units at...
2017-01-18 7:01 PM EST
McLaren Resources Closes $200,000 Financing
Toronto, Ontario--(Newsfile Corp. - January 5, 2017) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company"), announces that the Company has completed a non brokered private placement of flow though units in the amount of $175,000 plus a $25,000 placement of common share units for aggregated gross proceeds of $200,000. The Company issued 3,500,000 flow through units at a price of $0.05 per unit. Each flow through unit consists of one common share in the capital of the...
2017-01-05 2:04 PM EST
McLaren Renews TimGinn Property Option Agreement, Central Timmins, Ontario
Toronto, Ontario--(Newsfile Corp. - December 7, 2016) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that the Company has signed an agreement with Timginn Exploration Limited to renew the TimGinn Property option agreement for a term of five years with an effective start date of January 1, 2017. McLaren can earn a 50 percent interest in the TimGinn property by spending $1.4 million over five years. The TimGinn Property consists of 9 mining claims covering...
2016-12-07 3:46 PM EST
McLaren Announces Termination of Share Exchange Agreement and Refocus on Mining Exploration and Development
Toronto, Ontario--(Newsfile Corp. - October 20, 2016) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren"/the "Company") announces that the proposed share exchange transaction with two private companies as previously announced on December 2, 2015, December 10, 2015, December 22, 2015 and April 18, 2016 has been terminated. The transaction was subject to a number of conditions being satisfied including the signing of formal agreements and the completion of all legal, accounting and...
2016-10-20 11:34 AM EDT
McLaren Resources Announces Property Purchase Terms Amended
Toronto, Ontario--(Newsfile Corp. - April 19, 2016) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren"/the "Company") announces this further update to its proposed share exchange transaction as previously announced on December 2, 2015. The proposal to acquire three income producing commercial properties pursuant to a share exchange transaction has been amended effective April 14, 2016. The proposed transaction was amended such that McLaren will proceed to acquire two of the three...
2016-04-19 12:28 PM EDT
McLaren Shareholder Update
Toronto, Ontario--(Newsfile Corp. - January 14, 2016) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces this further update to its proposed share exchange transaction as previously announced on December 2, 2015. A shareholder information circular is being prepared for mailing in advance of a special meeting of shareholders. Approval to acquire income producing commercial properties will be sought from shareholders at the shareholder meeting anticipated to be...
2016-01-14 4:24 PM EST
Mclaren Shareholder Update
Toronto, Ontario--(Newsfile Corp. - December 22, 2015) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") provides the following update in connection with its proposed reverse takeover transaction, as previously announced on December 2, 2015 (the "Transaction"). As described in the prior press release, the Company is refocusing its activities towards the commercial property industry. An information circular is being prepared for mailing for a special meeting of...
2015-12-22 12:54 PM EST
McLaren Resources Arranges Financing
Toronto, Ontario--(Newsfile Corp. - December 10, 2015) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has arranged for bridge loans in the total amount of $100,000 (the "Bridge Loans") to be used by McLaren to fund the completion of the recently announced share exchange transaction (the "Transaction") (see press release dated December 2, 2015) and for general working capital purposes. The Bridge Loans are evidenced by promissory notes and are...
2015-12-10 1:44 PM EST
McLaren Resources Enters into Agreement to Acquire a Package of Commercial Real Estate
Toronto, Ontario--(Newsfile Corp. - December 2, 2015) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") is pleased to announce that it has entered into an agreement with three private real estate holding companies (collectively, the "Propertycos"), dated December 1, 2015, to acquire 100% of the outstanding securities of each Propertyco by way of a share exchange transaction. Upon completion of the transaction Mclaren shareholders will hold approximately 10% and...
2015-12-02 4:53 PM EST
McLaren Resources Announces Resignation of President and CEO and CFO
Toronto, Ontario--(Newsfile Corp. - February 2, 2015) - McLaren Resources Inc. (CSE: MCL) (Frankfurt: 3ML) ("McLaren") announces the resignation of Ivan Buzbuzian as President, CEO and as a Director of the Company. Company Chairman Michael Meredith has assumed the position of interim President and CEO. The Company further announces that David McDonald has resigned as the CFO of the Corporation. The Company will begin a search for a new CFO. The resignations were unanticipated by the board of...
2015-02-02 5:00 PM EST
McLaren Raises Exploration Funds
Toronto, Ontario--(Newsfile Corp. - December 27, 2013) - McLaren Resources Inc. (CNSX: MCL) (Frankfurt: 3ML) ("McLaren") is pleased to announce that it has completed a $50,000 non brokered private placement financing consisting of 1,000,000 Flow-Through Units. The financing was made pursuant to exemptions from the prospectus requirements of the applicable securities laws consisting of 1,000,000 Units issued on a "flow-through" basis (the "Flow-Through Units") at a price of $0.05 per...
2013-12-27 4:00 PM EST