Margaux Resources Announces Non-Brokered Private Placement of Flow-Through Units and Units
Calgary, Alberta--(Newsfile Corp. - October 7, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that subject to TSX Venture Exchange ("TSXV") approval, it intends to issue, pursuant to a non-brokered private placement, up to:3,333,333 units ("Units") of the Company at a price of $0.09 per Unit; and 4,090,909 flow-through units ("Flow-Through Units") of the Company at a price of $0.11 per Flow-Through Unit, for aggregate gross proceeds of up to $750,000...
2019-10-07 3:20 PM EDT
Margaux Resources Ltd. Announces 1 MM oz Gold Maiden Resource Estimate for Bulk-Tonnage Taurus Deposit, Cassiar District, British Columbia
1MM oz gold Inferred Resource at 0.7 g/t Au cut-off for past-producing Taurus PropertyCalgary, Alberta--(Newsfile Corp. - September 11, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce its maiden mineral resource estimate for the Taurus Deposit on the Cassiar Gold property (the "Cassiar Property") in British Columbia, Canada. "The Taurus resource estimate confirms the potential for significant bulk-tonnage deposits at the Cassiar Property. Margaux is excited to continue our...
2019-09-11 8:30 AM EDT
Margaux Resources Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Units
Calgary, Alberta--(Newsfile Corp. - July 9, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that further to its press release dated May 14, 2019 and June 3, 2019, and subject to receiving TSX Venture Exchange ("TSXV") approval, it has closed the second tranche of its non-brokered private placement (the "Offering") by issuing: 7,857,144 units ("Units") of the Company at a price of $0.07; and 2,000,000 flow-through units ("Flow-Through Units") at a...
2019-07-09 5:52 PM EDT
Margaux Resources Announces Cassiar Drill Data Review and Addition of Mr. James Maxwell to Advisory Committee
Calgary, Alberta--(Newsfile Corp. - July 3, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is undertaking a compilation and analysis of data from the recently acquired Cassiar Gold Project in northern British Columbia (see the Company's news release dated June 24, 2019). Highlights include the following historic drill intercepts from the Taurus prospect:ddh 07TC-01 116.3 m @ 2.23 grams per tonne (g/t) goldddh T95-29...
2019-07-03 8:55 AM EDT
Margaux Resources Announces Grant of Stock Options
Calgary, Alberta--(Newsfile Corp. - June 25, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce it has granted an aggregate of 3,975,000 Common Share purchase options in accordance with the Company's shareholder approved stock option plan. These stock options include 1,500,000 options to directors, being Messrs. James Letwin, Robert Derkitt, Douglas Foster and Chris Stewart; 825,000 to officers, being Messrs. Tyler Rice and Don Nguyen; 625,000 to the advisory committee; and the...
2019-06-25 5:22 PM EDT
Margaux Resources Announces Wildsky Shareholder Approval of Option Agreement to Acquire Cassiar Gold Project in Northern British Columbia
Calgary, Alberta--(Newsfile Corp. - June 24, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that the shareholders of Wildsky Resources Inc. ("Wildsky") approved the sale of its 100% interest in the Cassiar Gold Project (the "Cassiar Property") in northern British Columbia by way of an all-share option agreement (the "Option Agreement") with Margaux (the "Transaction").The Cassiar Property is a road-accessible, advanced-stage orogenic gold system, with a historical Inferred Resource of 1.04...
2019-06-24 4:00 PM EDT
Margaux Resources Announces Closing of First Tranche of Non-Brokered Private Placement of Flow-Through Units and Units
Calgary, Alberta--(Newsfile Corp. - June 3, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that further to its press release dated May 14, 2019, and subject to receiving final regulatory approvals, it has closed the first tranche of its non-brokered private placement (the "Offering") by issuing:1,645,345 units ("Units") of the Company at a price of $0.07; and375,000 flow-through units ("Flow-Through Units") at a price of $0.08 per Flow-Through Unit, for aggregate...
2019-06-03 4:00 PM EDT
Margaux Resources Announces Non-Brokered Private Placement of Flow-Through Units and Units
Calgary, Alberta--(Newsfile Corp. - May 14, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that subject to TSX Venture Exchange ("TSXV") approval, it intends to issue, pursuant to a non-brokered private placement, up to:14,285,714 units ("Units") of the Company at a price of $0.07 per Unit; and 18,750,000 flow-through units ("Flow-Through Units") of the Company at a price of $0.08 per Flow-Through Unit, for aggregate gross proceeds of up to $2.5...
2019-05-14 8:45 AM EDT
Margaux Resources Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Units and issuance of Promissory Note
Calgary, Alberta--(Newsfile Corp. - April 15, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce the issuances of:2,375,000 units ("Units") of the Company at a price of $0.08; and3,000,000 flow-through units ("Flow-Through Units") at a price of $0.10 per Flow-Through Unita $210,000 principal sum unsecured promissory note (the "Note"), for aggregate gross proceeds of $700,000.Units and Flow-Through UnitsThe previously announced non-brokered private placement (the "Offering") is subject to receiving final regulatory approvals.Each...
2019-04-15 4:01 PM EDT
Margaux Resources Announces Execution of Definitive Agreement to Acquire Cassiar Gold Project in Northern British Columbia
Calgary, Alberta--(Newsfile Corp. - March 26, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that it has executed the definitive agreement with Wildsky Resources Inc. ("Wildsky") for an option to acquire a 100% interest in the Cassiar Gold Project (the "Property") in northern British Columbia by way of an all-share agreement. The Cassiar Gold Project is a road-accessible, advanced-stage orogenic gold system, with a historical Inferred Resource of 1.04 million ounces...
2019-03-26 1:49 PM EDT
Margaux Resources Announces Non-Brokered Private Placement of Flow-Through Units and Units
Calgary, Alberta--(Newsfile Corp. - February 4, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to:3,125,000 units ("Units") of the Company at a price of $0.08 per Unit; and 2,500,000 flow-through units ("Flow-Through Units") of the Company at a price of $0.10 per Flow-Through Unit, for aggregate gross proceeds of up to $500,000 (the...
2019-02-04 8:45 AM EST
Margaux Resources Announces Letter of Intent to acquire Cassiar Gold Project in northern British Columbia
Calgary, Alberta--(Newsfile Corp. - January 21, 2019) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux") is pleased to announce that it has entered into a non-binding Letter of Intent ("LOI") with Wildsky Resources Inc. ("Wildsky") for an option to acquire the Cassiar Gold Project (the "Property") in northern British Columbia by way of an all-share agreement. The Cassiar Gold Project is an advanced-stage orogenic gold system, with past-production (primarily 1979-1997) of approximately 920,000 tonnes at an average...
2019-01-21 8:45 AM EST
Margaux Resources Announces Option Agreement on Old Timer Gold Property in Southeastern British Columbia
Calgary, Alberta--(Newsfile Corp. - January 15, 2019) - Margaux Resources Ltd. (TSXV:MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that it has entered into an option agreement (the "Option Agreement") with a third party (the "Vendor") to option the Old Timer gold property (the "Old Timer Property"), near Salmo in southern British Columbia. The Old Timer Property is a road-accessible property, located 10 km north of the Company's Jackpot property, at the north end of the...
2019-01-15 8:45 AM EST
Margaux Resources Announces Financing Increase and Closing of $1.11 Million Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - December 5, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that it received in excess of the previously announced $850,000 non-brokered private placement (see press release dated September 20, 2018, October 16, 2018 and October 31, 2018), and subject to receiving final regulatory approvals, has increased and closed the second tranche of its non-brokered private placement (the "Offering") by issuing:3,550,000 units ("Units") of the Company at a...
2018-12-05 11:32 AM EST
Margaux Resources Announces Completion of Drilling and Extension to Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - October 31, 2018) - Margaux Resources Ltd. (TSXV:MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that follow-up drilling on the Company's Bayonne gold property in southern BC is complete. Two holes (590 m) were drilled to follow up the Company's recent 12 hole (2,628 m) drill program on the property. Previously released highlights from the 12 hole program (see Margaux news release October 22, 2018) include:Vein intercepts from drilling:1.40 m...
2018-10-31 8:55 AM EDT
Margaux Resources Ltd. Announces Bayonne Drilling Results; Including Bulk Tonnage Style Gold Mineralization and Discrete High-Grade Gold Veins
Calgary, Alberta--(Newsfile Corp. - October 22, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that results have been received for the 12 hole (2,628 m) drill program recently completed on the Bayonne gold property, part of the Company's Sheep Creek Gold District in southern B.C. Based on these results, a drill has been mobilized to the property for follow-up drilling.HighlightsAll of the 2018 drill holes intersected veining;Vein intercepts from...
2018-10-22 6:14 PM EDT
Margaux Resources Announces Closing of First Tranche of Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - October 16, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that further to its press release dated September 20, 2018, and subject to receiving final regulatory approvals, it has closed the first tranche of its non-brokered private placement (the "Offering") by issuing:7,033,100 units ("Units") of the Company at a price of $0.08; and2,379,566 common shares of the Company issued on a "CEE flow-through" basis pursuant to the...
2018-10-16 5:42 PM EDT
Margaux Resources Ltd. Terminates its Option Agreement with Apex Resources Inc.
Calgary, Alberta--(Newsfile Corp. - October 4, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") has elected to terminate the option agreement on the Jersey-Emerald property in southern British Columbia.Margaux entered into the option agreement with Apex Resources Inc. ("Apex", formerly Sultan Minerals Inc.) in 2013. The ongoing monthly option payments to Apex of $50,000 (which will increase to $100,000 monthly payments on January 1, 2019 until a total of $4.02 million has been paid to...
2018-10-04 8:30 AM EDT
Margaux Resources Announces Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - September 20, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to:4,375,000 units ("Units") of the Company at a price of $0.08 per Unit; and 5,000,000 common shares ("Common Shares") of the Company issued on a "CEE flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at a...
2018-09-20 5:30 PM EDT
Margaux Resources Announces Closing of Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - September 17, 2018) - Margaux Resources Ltd. (TSXV:MR) (OTCQB:MARFF) ("Margaux" or the "Company") is pleased to announce that further to its press release dated August 15, 2018, the Company received final regulatory approval on September 12, 2018 and has closed its previously announced non-brokered private placement (the "Offering") by issuing 1,486,020 common shares of the Company issued on a "CEE flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at a price of $0.23...
2018-09-17 9:00 AM EDT