New Break Announces Successful Warrant Exercise Incentive Program
Toronto, Ontario--(Newsfile Corp. - June 26, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces that, further to its news release of June 8, 2023, the Company has successfully completed its common share purchase warrant ("Warrants") exercise incentive program (the "Incentive Program").Pursuant to the Incentive Program, holders of certain Warrants with an exercise price of $0.15 (the "Subject Warrants") and expiring on June 23, 2023 (the "Expiry Date") who exercised part or all of their Subject Warrants...
2023-06-26 6:45 AM EDT
New Break Reprices Warrants and Announces Warrant Exercise Incentive Program
Toronto, Ontario--(Newsfile Corp. - June 8, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") announces the repricing of 1,730,000 common share purchase warrants with an exercise price of $0.20 and an expiry date of June 23, 2023 (the "Repriced Warrants"), to $0.15, effective immediately (the "Warrant Repricing"). Following the Warrant Repricing, the Company will have an aggregate of 6,274,200 outstanding warrants, having an exercise price of $0.15 and an expiry date of June 23, 2023 (collectively, the...
2023-06-08 8:46 AM EDT
New Break Announces Closing of Property Acquisition, Grant of Stock Options and Early Warning Notice
Toronto, Ontario--(Newsfile Corp. - June 2, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has closed the acquisition of an additional 2,460 hectares of mineral claims contiguous with 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 acquisition, which increases the Company's land position at Moray to approximately 5,354 hectares, closed...
2023-06-02 5:18 PM EDT
New Break Announces Closing of $500,700 Non-Brokered Flow-Through Financing
Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it closed its previously announced non-brokered private placement flow-through financing (the "FT Offering") on May 31, 2023, for proceeds of $500,700. The funds will primarily be used by New Break to conduct a planned drilling program at its Moray gold project located in Ontario on the Cadillac Larder-Lake Fault Zone, approximately 49 km south of Timmins and 32 km...
2023-06-01 6:45 AM EDT
New Break Acquires Additional Property at its Moray Project
Toronto, Ontario--(Newsfile Corp. - May 15, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has entered into a mining claim acquisition agreement (the "Agreement") with three arm's length individuals (the "Vendors") pursuant to which New Break will acquire the Beyer Kitchiming Lake gold-copper property (the "Property") from the Vendors. The acquisition increases the land position at New Break's Moray property ("Moray") to 5,354 hectares from 2,894 hectares (see also news release dated...
2023-05-15 6:45 AM EDT
New Break Announces Flow-Through Financing to Raise up to $750,000
Toronto, Ontario--(Newsfile Corp. - May 9, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering of up to 5,000,000 flow-through common shares ("Flow-Through Shares") at a price of $0.15 per Flow-Through Share, for gross proceeds of up to $750,000 (the "Offering").All securities issued under the Offering are subject to a four-month and one day statutory hold period. The gross proceeds from the Offering will be...
2023-05-09 8:30 AM EDT
New Break Increases Land Position at its Moray Project
Toronto, Ontario--(Newsfile Corp. - March 15, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that the Company has increased the land position at its Moray property ("Moray") to 2,894 hectares from 1,856 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.. Moray exhibits comparable geology, mineralization and alteration characteristics to Young-Davidson, including mafic volcanic hosted and...
2023-03-15 8:30 AM EDT
New Break Pursuing Young-Davidson Model at its Moray Gold Project
Toronto, Ontario--(Newsfile Corp. - February 27, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report on the results and findings at its Moray gold project, which appear to support the Company's thesis of pursuing a Young-Davidson gold mineralization model at Moray. The Young-Davidson gold mine, operated by Alamos Gold Inc. ("Alamos"), is located approximately 32 km southeast of Moray. First discovered in 1916, the mine produced one million ounces of gold from 1934 to...
2023-02-27 8:30 AM EST
New Break Engages SmallCap Communications Inc.
Toronto, Ontario--(Newsfile Corp. - January 20, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has retained SmallCap Communications Inc. of Vancouver, B.C. ("SmallCap") to provide social media management and communication services for a one-year period commencing January 20, 2023, which includes an initial three month trial period, at a fee of $3,500 per month. SmallCap is a specialized digital marketing and social media management agency providing services to...
2023-01-20 7:19 PM EST
New Break Announces Closing of Non-Brokered Flow-Through Financing
Toronto, Ontario--(Newsfile Corp. - December 30, 2022) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it has closed a non-brokered private placement financing (the "Financing") of 830,000 flow-through common shares ("Flow-Through Shares") at a price of $0.15 per Flow-Through Share for aggregate gross proceeds of $124,500. The Flow-Through Shares issued as part of the Financing are subject to a hold period of four months and one day from the date of closing of...
2022-12-30 6:55 PM EST
New Break Identifies High-Grade Gold, up to 70.60 g/t Au, via Grab Sampling at Moray
Toronto, Ontario--(Newsfile Corp. - September 29, 2022) - New Break Resources Ltd. ("New Break" or the "Company") (CSE: NBRK) is pleased to report the results of grab and channel sampling programs conducted from June to August 2022, at its 100% owned Moray property ("Moray") located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson Gold Mine operated by Alamos Gold Inc. Gold mineralization at Moray occurs in second order structures interpreted as splays off...
2022-09-29 8:30 AM EDT
New Break Discusses Fresh Collaborative Approach to Exploring the Moray Property
Toronto, Ontario--(Newsfile Corp. - September 21, 2022) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to outline the Company's 2022 exploration programs at its 100% owned Moray property ("Moray") located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson Gold Mine operated by Alamos Gold Inc. New Break developed a fresh approach to 2022 exploration following the interpretation of results from its 2021 exploration programs, including observations and...
2022-09-21 10:24 AM EDT
New Break Announces Start of Trading on CSE Under Symbol NBRK on Wednesday, September 7, 2022
Toronto, Ontario--(Newsfile Corp. - September 6, 2022) - New Break Resources Ltd. ("New Break" or the "Company") is pleased to announce that the Company's common shares ("Common Shares") have received final approval for listing from the Canadian Securities Exchange (the "CSE"). The Common Shares are expected to commence trading on the CSE under the trading symbol "NBRK" at market open on Wednesday, September 7, 2022. New Break will also be featured on the CSE's YouTube channel, CSE TV,...
2022-09-06 1:08 PM EDT
New Break Provides Instructions for Receipt of Share Certificates in Advance of Trading
Toronto, Ontario--(Newsfile Corp. - August 24, 2022) - New Break Resources Ltd. ("New Break" or the "Company") is pleased to inform its shareholders of the process for receiving DRS or Share Certificates in preparation for the commencement of trading of the Company's common shares ("Common Shares") on the Canadian Securities Exchange (the "CSE"), further to the Company's news release announcing conditional approval for CSE listing dated August 5, 2022.New Break currently has 39,780,750 common shares issued and outstanding. The...
2022-08-24 9:16 AM EDT
New Break Files Final Prospectus and Receives Conditional Listing Approval from the CSE
Toronto, Ontario--(Newsfile Corp. - August 5, 2022) - New Break Resources Ltd. ("New Break" or the "Company") is pleased to announce that it has been receipted by the Ontario Securities Commission (the "OSC") for the filing of a Final Long Form Non-Offering Prospectus (the "Prospectus") dated August 4, 2022. As a result, the Company has become a reporting issuer in the Province of Ontario. No securities are being offered and no proceeds were raised pursuant to this Prospectus.The...
2022-08-05 12:47 PM EDT
New Break Announces Board Changes - Appointment of Andrew Malim as Chairman
Toronto, Ontario--(Newsfile Corp. - June 20, 2022) - New Break Resources Ltd. ("New Break" or the "Company") is extremely pleased to announce that its Board of Directors (the "Board") has appointed Mr. Andrew Frederic De Paula Malim as a director of the Company effective April 11, 2022.Mr. Malim has over 40 years' experience in mining exploration and finance, and brings tremendous value to New Break given his vast experience as a board member to numerous public and private North American...
2022-06-20 9:27 AM EDT
New Break Announces Closing of Non-Brokered Private Placement Financings
Toronto, Ontario--(Newsfile Corp. - January 6, 2022) - New Break Resources Ltd. ("New Break" or the "Company") is pleased to announce that effective December 10, 2021, it closed a non-brokered private placement financing, through the issuance of 1,467,000 flow-through common shares ("Flow-Through Shares") at a price of $0.30 per Flow-Through Share, for gross proceeds of $440,100 and effective December 30, 2021, closed the first tranche of a non-brokered private placement financing through the issuance of 80,000 units ("Units") at a...
2022-01-06 11:18 AM EST
New Break Announces Results of Annual General and Special Meeting
Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - New Break Resources Ltd. ("New Break" or the "Company") is pleased to release the results its Annual General and Special Meeting of Shareholders held on Tuesday, December 14, 2021 (the "Meeting"). Results of Annual General and Special MeetingA total of 11,768,300 common shares were represented in person or by proxy at the Meeting, representing 32.5% of the Company's issued and outstanding common shares. All directors nominated as listed in the...
2021-12-16 11:14 AM EST
New Break Acquires Gold-Mineralized Esker Claim in Kivalliq Region, Nunavut
Toronto, Ontario--(Newsfile Corp. - December 7, 2021) - New Break Resources Ltd. ("New Break" or the "Company") is pleased to announce that it has acquired the 1,408 hectare, gold-mineralized Esker Claim, adjacent to the Company's Noomut claims and located on the eastern shore of South Henik Lake in Kivalliq Region, Nunavut, approximately 179 km northwest of Arviat (the "Esker/Noomut Gold Project"). The Esker Claim was staked on-line through the new Nunavut Map Selection System at a cost of $3,285...
2021-12-07 11:21 AM EST
New Break Strengthens Management Team Amid Plans to Go Public
Toronto, Ontario--(Newsfile Corp. - November 4, 2021) - New Break Resources Ltd. ("New Break" or the "Company") is pleased to announce continued progress in preparation for going public, including the appointment of Michael Farrant as Chief Executive Officer, the appointment of Jim O'Neill as Chief Financial Officer and Corporate Secretary, significant enhancements to the Company's corporate governance structure, receipt of the Moray Gold Project ("Moray") exploration permit and the commencement of the preparation of a preliminary prospectus. Appointment of Michael...
2021-11-04 2:47 PM EDT