New Break Outlines Planned Drilling Program at the Moray Gold Project and Comments on OJEP Assistance
Toronto, Ontario--(Newsfile Corp. - June 17, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce the recent receipt of a $200,000 grant from the Ontario Ministry of Mines under the 2024-2025 Ontario Junior Exploration Program ("OJEP") as reimbursement of 50% of eligible exploration expenditures incurred from April 1, 2024 to February 28, 2025, at the Company's 100% owned Moray gold project located 49 km south of Timmins, Ontario and 32 km northwest...
2025-06-17 7:00 AM EDT
New Break Announces $895,000 Non-Brokered Private Placement Offering
Toronto, Ontario--(Newsfile Corp. - June 16, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 4,000,000 non-flow-through units ("Units") at $0.075 per Unit for gross proceeds of up to $300,000 and up to 7,000,000 flow-through common shares ("FT Shares") at a price of $0.085 per FT Share, for gross proceeds of up to $595,000 (the "Offering"). Each FT Share will qualify...
2025-06-16 7:00 AM EDT
New Break Completes Sale of Sundog Gold Project in Kivalliq, Nunavut
Toronto, Ontario--(Newsfile Corp. - May 2, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that effective April 30, 2025, it has completed the sale of the Company's 100% interest in the mineral rights and exploration data associated with the 9,415 hectare Sundog gold project located in Kivalliq Region, Nunavut ("Sundog") held pursuant to an Inuit Owned Lands Mineral Exploration Agreement ("MEA") and 60 drums (12,300 litres) of Jet A fuel located...
2025-05-02 12:08 PM EDT
New Break Signs Definitive Agreement to Sell the Sundog Gold Project in Kivalliq, Nunavut
Toronto, Ontario--(Newsfile Corp. - April 10, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has signed a definitive agreement (the "Agreement") with Guardian Exploration Inc. (TSXV: GX) ("Guardian") for the sale; New Break's 100% interest in the mineral rights and exploration data associated with the 9,415 hectare Sundog gold project located in Kivalliq Region, Nunavut ("Sundog"), held pursuant to an Inuit Owned Lands Mineral Exploration Agreement ("MEA") and 60...
2025-04-10 4:05 PM EDT
New Break Provides Corporate Update, William Love Appointed as CEO and Director and Michael Farrant as President and CFO
Toronto, Ontario--(Newsfile Corp. - February 27, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to provide an update on corporate and strategic initiatives aimed at maximizing shareholder value.On December 9, 2024, New Break announced plans to sell an 80% interest in its Sundog gold project located in Kivalliq, Nunavut, to Guardian Exploration Inc. (TSXV: GX) ("Guardian") in exchange for $75,000 in cash, 5.0 million shares of Guardian, valued at approximately $250,000, and reimbursement...
2025-02-27 4:30 PM EST
New Break Signs LOI to Sell the Sundog Gold Project in Kivalliq Region, Nunavut
Toronto, Ontario--(Newsfile Corp. - December 9, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") with Guardian Exploration Inc. (TSXV: GX) ("Guardian") for the sale New Break's 100% interest in the mineral rights and exploration data associated with the 9,415 hectare Sundog gold project located in Kivalliq Region, Nunavut ("Sundog") held pursuant to an Inuit Owned Lands Mineral Exploration Agreement...
2024-12-09 7:00 AM EST
New Break Closes Non-Brokered Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - November 15, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement offering, through the issuance of 6,106,000 units ("Units") at a price of $0.075 per Unit, for gross proceeds of $457,950 (the "Offering"). Each Unit consists of one common share ("Common Share") of the Company and one common share purchase warrant ("Warrant"), with...
2024-11-15 4:00 PM EST
New Break Initiates Gradient Array IP Survey at Its Moray Property
Toronto, Ontario--(Newsfile Corp. - October 21, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has commenced an Induced Polarization ("IP") survey at its Moray property, located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. The high-resolution Gradient Array IP survey is intended to test for high chargeability sulfides that may be associated with the gold mineralization, and high...
2024-10-21 7:59 AM EDT
New Break Announces up to $600,000 Non-Brokered Private Placement Offering
Toronto, Ontario--(Newsfile Corp. - October 15, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 8,000,000 units ("Units") at $0.075 per Unit for gross proceeds of up to $600,000 (the "Offering").Each Unit consists of one common share ("Common Share") of the Company and one common share purchase warrant ("Warrant"), with each Warrant entitling the holder thereof, to purchase one additional Common...
2024-10-15 9:09 AM EDT
New Break Announces Private Placement and Early Warning Notice
Toronto, Ontario--(Newsfile Corp. - July 12, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces that it intends to close a non-brokered private placement with a greater than 10% security holder, on July 18, 2024 (the "Offering"). The Offering consists of the sale of 1,500,000 flow-through units ("FT Units") at a price of $0.11 per FT Unit, for gross proceeds of $165,000. Each FT Unit consists of one common share that will qualify...
2024-07-12 6:00 PM EDT
New Break Discusses Critical Minerals Potential at Moray Property and Closes Final Tranche of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - March 6, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to discuss the critical minerals potential of the Moray property, in light of significant developments with respect to contiguous properties. The 8,483-hectare Moray property is located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. ("Alamos Gold"). While the principal focus to...
2024-03-06 7:00 AM EST
New Break Discusses Exploration Results on Expanded Moray Property Package 2023 Samples up to 9.86 g/t Au with Historical Samples up to 1,556 g/t Au
Toronto, Ontario--(Newsfile Corp. - February 27, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report that the results of field work comprising the 2023 exploration program on the northern portion of the Moray Project, has yielded numerous prospective gold assays from both grab and channel samples from multiple locations as follows: Table 1: Grab Sampling Program Assays - Trench 8 ("TR8") and Kitchiming Lake West ("KW") Areas
2024-02-27 7:00 AM EST
New Break Announces Financing Extension and Early Warning Notice
Toronto, Ontario--(Newsfile Corp. - January 23, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces that it intends to close the non-brokered private placement first announced on December 7, 2023 (the "Offering") by February 29, 2024. The Offering consists of the sale of up to 3,750,000 non-flow-through units ("Units") at $0.08 per Unit for gross proceeds of up to $300,000 and 7,000,000 flow-through units ("FT Units") at a price of $0.10 per FT Unit,...
2024-01-23 5:44 PM EST
New Break Announces Appointment of Gordon G. Morrison to Board of Directors
Toronto, Ontario--(Newsfile Corp. - January 4, 2024) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is extremely pleased to announce the addition of Mr. Gord Morrison, B.Sc., to the Company's Board of Directors. Having been an integral part of the discovery of 13 major polymetallic and precious metal deposits, 6 of which are producing mines, with 4 others at the feasibility stage, Gord joins New Break as one of Canada's most successful mine finders and a leader...
2024-01-04 7:00 AM EST
New Break Announces Closing of First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 29, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that, further to its news release dated December 7, 2023, it has closed the first tranche of the previously announced non-brokered private placement (the "Offering") of flow-through units ("FT Units") at a price of $0.10 per FT Unit and non-flow-through units ("Units") at a price of $0.08 per Unit. The closing of the first tranche of the Offering consisted of...
2023-12-29 6:43 PM EST
New Break Announces up to $1 Million Non-Brokered Private Placement Offering
Toronto, Ontario--(Newsfile Corp. - December 7, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 3,750,000 non-flow-through units ("Units") at $0.08 per Unit for gross proceeds of up to $300,000 and 7,000,000 flow-through units ("FT Units") at a price of $0.10 per FT Unit, for gross proceeds of up to $700,000 (the "Offering"). The Company will make a provision for...
2023-12-07 7:00 AM EST
New Break Identifies New Gold Bearing Structures at the Sundog Project in Nunavut
Toronto, Ontario--(Newsfile Corp. - December 6, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report that the results from rock chip and grab samples taken from the Sundog Gold Project in Kivalliq Region, Nunavut ("Sundog") have identified new gold bearing structures on the property, with half of the eight samples taken grading over 7.5 grams per tonne gold ("g/t Au") as shown in the following table:Table 1: 2023 Sundog Sample Highlights
2023-12-06 7:00 AM EST
Prospecting Legend Ken Reading Returns to New Break's Sundog Gold Project at Age 93
Toronto, Ontario--(Newsfile Corp. - November 8, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report that in September 2023, a New Break field team comprised of famed Canadian prospector Ken Reading, Shaun Parent, P. Geo. of Superior Exploration Ltd. and a field assistant, accessed the Sundog Gold Project in Kivalliq Region, Nunavut ("Sundog") by float plane from Thompson, Manitoba. The team performed a reconnaissance site visit to confirm access to the project area, assess the...
2023-11-08 7:00 AM EST
New Break Announces Voting Results from 2023 AGM
Toronto, Ontario--(Newsfile Corp. - August 25, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce the voting results from the Company's annual general meeting of shareholders held in Toronto on August 24, 2023 (the "2023 AGM").A total of 29,052,820 common shares were represented in person or by proxy at the 2023 AGM, representing 61.07% of the Company's outstanding common shares as at the record date of July 24, 2023. Shareholders voted in favour...
2023-08-25 2:41 PM EDT
New Break Increases Moray Property Position Through Staking and Acquisition
Toronto, Ontario--(Newsfile Corp. - July 17, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that the Company has further increased the land position at its Moray property ("Moray") to 8,311 hectares from 5,354 hectares. Moray is located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. Since March 1, 2023, New Break has increased its property position...
2023-07-17 6:45 AM EDT