Canterra Minerals Announces Increase of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has increased the size of its previously announced non-brokered private placement financing (the "Financing") (see news release dated November 29, 2023 and December 12, 2023) of up to a maximum of 23,846,153 shares comprised of critical mineral exploration tax credit ("CMETC") flow-through ("FT") common shares at a price of $0.065 per FT share...
2023-12-18 4:36 PM EST
Canterra Minerals Announces Increase of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has increased the size of its previously announced non-brokered private placement financing (the "Financing") (see news release dated November 29, 2023) of up to a maximum of 18,461,538 shares comprised of critical mineral exploration tax credit ("CMETC") flow-through ("FT") common shares at a price of $0.065 per FT share for a maximum aggregate...
2023-12-12 8:00 AM EST
Canterra Minerals Announces Financing of up to $800K Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce a proposed non-brokered private placement financing (the "Financing") of up to a maximum of 12,307,692 shares comprised of critical mineral exploration tax credit ("CMETC") flow-through ("FT") common shares at a price of $0.065 per FT share for a maximum aggregate proceeds of up to C$800,000. Subject to compliance with applicable securities laws and the approval of...
2023-11-29 8:00 AM EST
Canterra Minerals Acquires the Past Producing Buchans Mine, Lundberg Deposit and Other Critical and Precious Metals Projects in Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has entered into an asset purchase agreement (the "Agreement") with Buchans Resources Limited ("BRL"), an arms-length non-listed Reporting Issuer, and its subsidiary Buchans Minerals Corporation, to acquire the mineral rights to several critical and precious metals projects in central Newfoundland (the "Properties"). The Properties will add 316 square kilometres ("km2") to Canterra's already substantial...
2023-11-22 8:00 AM EST
Canterra Minerals Announces Reinstatement of Chris Pennimpede as President and Filing of Updated Lemarchant Technical Report
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the reinstatement of Chris Pennimpede to the role of President & CEO after a leave of absence that was the result of a motor vehicle accident. Chairman of the Board Andrew Farncomb commented, "The progress and determination that Chris has shown over the past 18 months is remarkable and we look forward to Chris' guidance...
2023-09-21 8:00 AM EDT
Canterra Minerals Reports Results of IP Survey and Identifies New Drill Targets at the Lemarchant Critical Minerals Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that new drill targets have been identified from an IP survey that was conducted over the Lemarchant Project. The Lemarchant Deposit is located in central Newfoundland approximately 50 kilometres ("km") south of Millertown. The ground based geophysical survey identified multiple chargeability and resistivity targets consistent with massive sulphide mineralization. Interpretation of the IP data is ongoing...
2023-08-29 8:00 AM EDT
Canterra Minerals Stakes Prospective Critical Minerals Property in the Ring of Fire, Ontario
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the staking of prospective Ni-Cu-PGE mineral claims in the prolific Ring of Fire region in Ontario, Canada. This is an opportunistic acquisition that leverages the Company's extensive exploration database in the region and is consistent with the Company's broader critical mineral exploration strategy focused on underexplored and prospective regions of Canada.Highlights:The Ring of Fire Project (the...
2023-07-17 8:00 AM EDT
Canterra Minerals Announces Staking of Highly Prospective Critical Metals Mineral Claims and Identifies New Zinc-Copper Massive Sulphide Targets in Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") has expanded the land position of its 100% owned Long Lake critical minerals massive-sulphide project (the "Long Lake Project"), located in central Newfoundland through staking. The staking involved the addition of 15 claims over 374 hectares. Key Points:The new claims cover the strike extensions of the Long Lake massive-sulphide mineralization and encompasses drilling by past operatorsResults from the...
2023-06-13 8:00 AM EDT
Canterra Minerals Appoints Nicklas Coleman to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the appointment of Mr. Nicklas Coleman to the Board of Directors, sitting as an independent director. Mr. Coleman is a business leader and entrepreneur based in St. John's, Newfoundland and Labrador. Born and raised in Newfoundland and having spent most of his life in the province, Mr. Coleman has deep connections in the community, and...
2023-06-07 8:00 AM EDT
Canterra Minerals Announces Incentive Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces that is has granted a total of 3,000,000 options to various employees, executives, directors and consultants of the Company pursuant to the terms of the Company's share-based incentive plan and subject to regulatory approval. The options are exercisable at a price of $0.07 per share for a period of five (5) years from the grant date.ON BEHALF OF THE...
2023-05-11 5:20 PM EDT
Canterra Minerals Announces Resignation of Interim President
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces that Cooper Quinn has tendered his resignation as Interim President. The board of directors of Canterra would like to thank Cooper for his commitment and contributions to the Company since assuming the Interim President role after Chris Pennimpede's motor vehicle accident. About Canterra MineralsCanterra is advancing its resource stage Lemarchant Project and the Wilding and Noel Paul Gold Projects,...
2023-04-25 4:45 PM EDT
Canterra Minerals Announces Closing of Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces that it has closed its oversubscribed, previously announced non-brokered private placement financing (the "Offering") (see news releases dated March 29, 2023 and April 14, 2023) for gross proceeds of C$1,150,000.Pursuant to the Offering, Canterra issued (i) 20,783,600 units of the Company ("Units") at a price of C$0.05 per Unit; and (ii) 1,847,000 common shares of the Company that will...
2023-04-24 6:53 PM EDT
Canterra Minerals Announces Increase of Private Placement to C$1.1 Million
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces that, due to investor demand, it has increased the size of its previously announced non-brokered private placement financing (see news release dated March 29, 2023) to raise gross proceeds of up to C$1.1 million (the "Offering"). The Offering will consist of any combination of (i) units of the Company ("Units") at a price of C$0.05 per Unit; and/or (ii)...
2023-04-14 11:18 AM EDT
Canterra Minerals Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces a non-brokered private placement to raise gross proceeds of up to C$750,000 (the "Offering").The Offering will consist of any combination of (i) units of the Company ("Units") at a price of C$0.05 per Unit; and/or (ii) common shares of the Company that will qualify as "flow-through shares" for the purposes of the Income Tax Act (Canada) ("FT Shares") at...
2023-03-29 5:48 PM EDT
Canterra Minerals Receives Drill Permits for Its Resource Staged Lemarchant VMS Project and Provides Exploration Update on Wilding and Noel-Paul Gold Projects
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce it has received drill permits for its resource stage Lemarchant VMS Project, acquired in November 2021. In addition, significant ongoing exploration work has been underway at its wholly owned Wilding and Noel-Paul Gold Projects; all projects are located in Central Newfoundland, adjacent to historically producing zinc mines as well as Marathon Gold's Valentine Gold Project which...
2022-09-15 8:00 AM EDT
Canterra Minerals Completes Soil Sampling at Noel Paul Property, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to provide an update to its ongoing exploration program on the Noel Paul Property and Wilding Lake Gold Project, both located in Central Newfoundland, Canada.Highlights:1,282 samples collected at the Carter Lake Block, an addition to the Noel Paul Property staked in 2021 (see news release dated July 28, 2021)Results from 2021 regional reconnaissance program show meaningful gold anomalies...
2022-07-21 8:00 AM EDT
Canterra Minerals Completes First Phase of Drilling in 2022 on its Wilding Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to provide an update to its recently completed drill program at its wholly owned Wilding Lake Gold Project ("Wilding") in Central Newfoundland, Canada. A total of 18 diamond drill holes totaling 3,476 metres were drilled across several new targets in the first phase of 2022 drilling. Assay results are pending for all drill holes.Highlights:3,476 metres completed in 18...
2022-07-12 8:00 AM EDT
Canterra Minerals Significantly Increases Land Position in Central Newfoundland, Including 15 Kilometres of Strike Length along Rogerson Lake Structural Corridor
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has increased its land holdings in central Newfoundland. This increase in land position includes significant claims along the Rogerson Lake Structural Corridor at the new Clipper Brook Property where the Company is targeting gold mineralization similar to that found at Wilding, and additional claims adjacent to the Boomerang Project, a volcanogenic massive sulphide...
2022-06-23 8:00 AM EDT
Canterra Minerals Increases Stake in Buffalo Hills Project
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that pursuant to a Quitclaim, Surrender and Assignment of Interest Agreement dated May 11, 2022, the Company has increased its interest in the Buffalo Hills Project (the "Property") to 50%. As a result of the transaction, Canterra and Star Diamond Corporation (TSXV: DIAM) will each hold a 50% interest in the Property. Cantera will...
2022-05-12 8:00 AM EDT
Canterra Minerals Expands Land Position by 30.25 Square Kilometres at Noel-Paul Gold Project in Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has increased its land holdings at the Noel-Paul Gold Project ("Noel-Paul") in central Newfoundland, along the Rogerson Lake Structural Corridor and Valentine Lake Shear Zone from 178.5 square kilometres to 208.75 square kilometres through staking. Noel-Paul is an exploration stage project located northeast of the current drill program at the Wilding Gold Project ("Wilding")...
2022-05-03 8:00 AM EDT