Barsele Minerals and Gold Line Resources are pleased to announce, further to the news release dated December 13, 2023, the successful completion of the merger transaction pursuant to which Barsele has acquired all of the issued and outstanding common shares of Gold Line by way of a court-approved plan of arrangement. Pursuant to the Arrangement [...]
Gold Line Resources is pleased to announce that at a special meeting of shareholders of Gold Line held yesterday, Feb 15, 2024, the Gold Line Shareholders voted overwhelmingly in favour of the resolution approving the proposed arrangement with Barsele Minerals Corp. by way of a court-approved plan of arrangement. Pursuant to the Arrangement, among [...]
Barsele Minerals Corp. announces that it has granted an aggregate of 2,700,000 incentive stock options to directors, officers, and consultants to purchase up to 2,700,000 common shares in the capital of Barsele. The incentive stock options have an exercise price of $0.17 per share, expire five years from the date of grant, and vest immediately. As [...]
VANCOUVER, BC and Barsele Minerals Corp. and Gold Line Resources Ltd. are pleased to announce that they have entered into an arrangement agreement , dated December 12, 2023, pursuant to which Barsele will acquire all of the issued and outstanding common shares of Gold Line in exchange for common shares of Barsele by way of a plan of arrangement [...]
Barsele Minerals Corp. is pleased to announce the closing of a non-brokered private placement. The Offering consisted of the sale of 2,000,667 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of $300,100. Each Unit consists of one common share of the Company and one-half of one warrant. Each Warrant entitles the holder [...]
Diamond drilling at Barsele in 2023 totaled 3,245.52 metres in 17 holes and tested for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides targets. Drilling at Risberget encountered broad zones of Orogenic style alteration with anomalous gold mineralization, occurring some 2.6 kilometres southeast from the Avan-Central-Skiråsen gold [...]
Diamond drilling is budgeted for 3,000 metres and will test for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides. Drilling will commence near the Risberget Zone and will test Orogenic Gold targets in the vicinity of previously intersected gold mineralization, along the southeasterly extension of the 3.6-kilometre [...]
Coring to be initiated late May or early June Diamond drilling is budgeted for 3,000 metres and will test for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides. Drilling will commence near the Risberget Zone and will test Orogenic Gold targets in the vicinity of previously intersected gold mineralization, along the southeasterly [...]
Barsele Minerals Corp. is pleased to announce that it has engaged Outside The Box Capital Inc. for the provision of marketing and investor relations services, including but not limited to, planning social media content, working with the Company to establish an ambassador for the Barsele Project, assisting the Company with its various social media [...]
Barsele Minerals Corp. is pleased to announce the closing of its non-brokered private placement , previously announced on August 12, 2022, and subsequently upsized on August 16, 2022. The Offering consisted of the sale of 6,323,116 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of $1,896,935. Each Unit consists of [...]
Barsele Minerals Corp. is pleased to announce that, due to strong demand from prospective subscribers, the Company has upsized its previously announced non-brokered private placement to up to 6,666,666 units of the Company at a price of $0.30 per Unit to raise aggregate gross proceeds of up to approximately $2,000,000. The other terms of the [...]