DLP Resources Announces Commencement of Drilling on the NZOU Critical Metals Project - Sullivan-type Zn-Pb-Ag Target in SE British Columbia
Cranbrook, British Columbia--(Newsfile Corp. - June 20, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces commencement of drilling on the NZOU critical metals project in southeastern British Columbia, Canada (Figure 1).NZOU Project (Sullivan-type Zn-Pb-Ag Target)A one-hole drill program of approximately 1700m in NZ23-001 is planned for the Sullivan-type Zn-Pb-Ag target on the NZOU project (Figures 1, 2 and 3). As highlighted in the DLP press release of November 9, 2021 the extension of the...
2023-06-20 6:00 AM EDT
DLP Resources Intersects 208.55m of 1.01% CuEq* Within a 617.55m Interval of 0.72% CuEq* on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - June 12, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of complete drill results for the sixth hole, A23-006 on the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1).Results for the first five drillholes, A22-001, A22-002, A22-003, A23-004 and A23-005 were released on December 05, 2022, January 05, 2023, May 02, 2023 and June 01, 2023 (see DLP Resources Inc. news releases).HighlightsDrillhole A23-006 intersected significant molybdenum-copper mineralization...
2023-06-12 6:00 AM EDT
DLP Resources intersects 221.4m of 0.95% CuEq* within a 693.4m interval of 0.64% CuEq* on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - June 1, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of complete drill results for the fifth hole, A23-005 on the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1).Results for the first four drillholes, A22-001, A22-002, A22-003 and A23-004 were released on December 05, 2022, January 05, 2023 and May 02, 2023 (see DLP Resources Inc. news releases).HighlightsDrillhole A23-005 intersected significant molybdenum-copper mineralization throughout the hole to a depth of...
2023-06-01 6:00 AM EDT
DLP Resources Intersects 198.90m of 0.98% CuEq* Within a 700.90m Interval of 0.72% CuEq* on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - May 2, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of complete drill results for the fourth hole, A23-004 on the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1).Results for the first three drillholes, A22-001, A22-002 and A22-003 were released on December 05, 2022 and January 05, 2023 (see DLP Resources Inc. news releases of December 05, 2022 and January 05, 2023). HighlightsDrillhole A23-004 intersected significant copper-molybdenum mineralization throughout the...
2023-05-02 6:00 AM EDT
DLP Resources Announces Closing of Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - April 6, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement"), whereby the Company has completed the issuance of 4,281,250 flow through shares (each, a "FT Share") at a price of $0.40 per FT Share for gross proceeds of $1,712,500. Each FT Share will constitute a "flow-through share" within the meaning of the Income Tax Act (Canada)...
2023-04-06 4:37 PM EDT
DLP Resources Announces Upsizing of Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - March 24, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it intends to increase the size of its previously announced non-brokered private placement (the "Private Placement") to up to 4,281,250 flow-through common shares (each, a "FT Share") at a price of $0.40 per FT Share for gross proceeds of up to $1,712,500.The Private Placement will be made available to subscribers pursuant to the accredited investor and friends, family and business...
2023-03-24 4:29 PM EDT
DLP Resources Announces Non-Brokered Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - March 23, 2023) - DLP Resources Inc. (TSXV: DLP) ("DLP" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering up to 3,750,000 flow-through common shares ("FT Shares") at a price of $0.40 per FT Share, for gross proceeds of up to $1,500,000 (the "Private Placement").DLP intends to pay finder's fees in connection with the Private Placement to certain eligible finders in the form of: (i) a cash commission of...
2023-03-23 3:05 PM EDT
DLP Resources Announces Commencement of 2023 Drilling at Aurora and Exploration Update
Cranbrook, British Columbia--(Newsfile Corp. - February 27, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that drilling of the fourth diamond drill hole, on the Aurora porphyry copper-molybdenum project in Peru, has commenced.Exploration UpdateDD-Moby Dick-NZOU (Sullivan-type Zn-Pb-Ag Targets)DLP has terminated the option agreement to earn up to 75% of PJX Resources Incs' (PJX) DD property as of February 24, 2023. DLP will now focus on the Sullivan-type Zn-Pb-Ag targets on the Moby Dick...
2023-02-27 6:00 AM EST
DLP Resources Announces Closing of Private Placement of Units
Cranbrook, British Columbia--(Newsfile Corp. - February 6, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement"), whereby the Company has completed the issuance of 5,203,814 units (each, a "Unit") at a price of $0.27 per Unit for gross proceeds of $1,405,029.78.Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase warrant of the Company...
2023-02-06 4:31 PM EST
DLP Resources Announces Upsizing of Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - February 1, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it intends to increase the size of its previously announced non-brokered private placement (the "Private Placement") to up to 5,203,814 units (each, a "Unit") at a price of $0.27 per Unit for gross proceeds of up to $1,405,030.Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase warrant of the...
2023-02-01 2:34 PM EST
DLP Resources Announces Private Placement of Units
Cranbrook, British Columbia--(Newsfile Corp. - January 17, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 3,703,704 units (each, a "Unit") at a price of $0.27 per Unit for gross proceeds of up to $1,000,000.Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant entitles the...
2023-01-17 2:13 PM EST
DLP Resources intersects 218m of 0.80% CuEq* within a 664.3m interval of 0.53% CuEq* on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - January 5, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of complete drill results for the third hole, A22-003 on the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1).Results for the first two drillholes, A22-001 and A22-002 were released on December 05, 2022 (see DLP Resources Inc. news release of December 05, 2022). HighlightsDrillhole A22-003 intersected significant copper-molybdenum mineralization from below the partially leached upper 38m down...
2023-01-05 6:00 AM EST
DLP Resources Announces Grant of Security-Based Compensation and Update Regarding Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - December 29, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") announces that a total of 375,000 stock options ("Options"), 196,000 restricted share units ("RSUs") and 314,000 performance share units ("PSUs") have been granted to an officer of the Company pursuant to the Company's long-term incentive plan.The options are exercisable for a term of 5 years at an exercise price of $0.20 and will vest over a period of 2 years from the date of grant....
2022-12-29 5:35 PM EST
DLP Resources Announces Closing of Second Tranche of Private Placement of Units and Grant of Restricted Share Units
Cranbrook, British Columbia--(Newsfile Corp. - December 15, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the "Second Tranche"), whereby the Company has completed the issuance of 975,600 units (each, a "Unit") at a price of $0.25 per Unit for gross proceeds of $243,900.Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase...
2022-12-15 4:28 PM EST
DLP Resources Appoints Director of Business Development
Cranbrook, British Columbia--(Newsfile Corp. - December 12, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce Allan Frame's newly expanded role as Director of Business Development. Allan Frame was previously appointed to the Company's Advisory Board during July, 2022.Mr. Frame has worked in the capital markets, in a variety of roles, including corporate finance, investment advisor and partner in Securities firms for 47 years. In addition, he has been...
2022-12-12 6:00 AM EST
DLP Resources Intersects 214m of 0.43% CuEq* (0.35% Cu, 113.88ppm Mo and 3.95g/t Ag) on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - December 5, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of complete drill results for the first two holes, A22-001 and A22-002 on the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1). In addition, hole A22-003 was completed to a depth of 702.30m on November 30.Results for the initial 179.2m of Hole A22-001 were released on September 29, 2022 (see DLP Resources Inc. news release of September...
2022-12-05 6:00 AM EST
DLP Resources Announces Closing of First Tranche of Private Placement of Units
Cranbrook, British Columbia--(Newsfile Corp. - November 22, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "First Tranche"), whereby the Company has completed the issuance of 3,383,200 units (each, a "Unit") at a price of $0.25 per Unit for gross proceeds of $845,800.Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase...
2022-11-22 2:45 PM EST
DLP Resources Announces Non-Brokered Private Placement to be Made Available to Existing Shareholders
Cranbrook, British Columbia--(Newsfile Corp. - November 3, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces that, further to its news release dated October 4, 2022, the Company intends to make its previously announced non-brokered private placement of up to 8,000,000 units of the Company (the "Units") at a price of $0.25 per Unit (the "Private Placement") available to existing shareholders of the Company who, as of the close of business on November 2, 2022, held common shares...
2022-11-03 11:40 AM EDT
DLP Resources Inc. Announces Issuance of Performance Shares
Cranbrook, British Columbia--(Newsfile Corp. - October 12, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces that, further to its news release dated August 12, 2022, the Company has completed the issuance of 300,000 common shares of the Company (the "Performance Shares") at a deemed price of $0.20 per share to Ian Gendall, President and CEO of the Company pursuant to a performance shares agreement dated December 14, 2021 in consideration for certain exploration, supervisory...
2022-10-12 4:23 PM EDT
DLP Resources Announces AGM Results and Non-Brokered Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - October 4, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to report that all matters were approved at the Company's annual general shareholders meeting (the "Meeting") held on October 3, 2022. At the Meeting, the Company's shareholders re-elected all of the Company's current board of directors, Jim Stypula, Carol Li, Richard Zimmer, William Bennett and Don Njegovan, as well as approved the re-appointment of the Company's current...
2022-10-04 6:00 AM EDT