Aranjin Resources Ltd. is pleased to announce the exercise of an aggregate of 26,441,666 outstanding common share purchase warrants issued as part of the private placement financing completed in two tranches on June 10 and July 3, 2020. The exercises made to date have resulted in aggregate proceeds to date of $1,322,083. Other holders of warrants [...]
Aranjin Resources Ltd. is pleased to announce that it has entered into an agreement to acquire the highly prospective Sharga Copper Project . The Sharga Project is located in the Gobi Altai region of Mongolia near the Chinese border and is comprised of one Mineral Exploration Licence covering over 9,000 hectares. The Sharga Project is located in [...]
Aranjin Resources Ltd. is pleased to announce the commencement of drilling program at its Bayan Undur project. Over $10m worth of historical drilling and associated analysis at the BU project has now been reviewed. As a result of this analysis, the Company plans to start with one deep hole at a highly targeted area of the BU project in April 2021 [...]
Aranjin Resources Ltd. is pleased to announce that it has now completed the previously announced acquisition of four mining licenses comprising the Bayan Undur project located in Bayankhongor province, Mongolia. The Company acquired all of the shares of BK Mining LLC , which is the indirect 100% owner of the BU project, for nominal cash [...]
Aranjin Resources Ltd. announces that the board of directors of the Company has approved the grant of 9,750,000 stock options to certain directors, officers, employees and consultants pursuant to the Corporation's Stock Option Plan. The options vest on the date of grant, expire two years from the date of grant and are exercisable at a price of [...]
Aranjin Resources Ltd. is pleased to announce the appointment of Mr. Bataa Tumur-Ochir to the Board. Mr. Tumur-Ochir is a Mongolian citizen and resident, and has a wealth of global experience in the mining and resources sector. He is currently President and CEO of Steppe Gold Ltd, Mongolia's premier precious metals group. Under his guidance, Steppe [...]
Aranjin Resources Ltd. announces that it has concluded an agreement to divest its Brazilian subsidiary, Five Star Mineracao Ltda, to a private investor group for future consideration. As noted in Company filings over the past 18 months, investor appetite for investment in the diamond mining sector has been very low. The Company has been unable to [...]
Aranjin Resources Ltd. announces that it has completed the second and final tranche of its previously announced non-brokered private placement issuing 66,666,666 units of the Company at a price of $0.015 per unit for gross proceeds of $566,975 bringing the total gross proceeds of the offering to $1,000,000. Each unit is comprised of one common [...]
Five Star Diamonds Ltd. announces that it is has completed the initial tranche of its previously announced non-brokered private placement issuing 28,868,333 units of the Company at a price of $0.015 per unit for gross proceeds of $433,025. Each unit is comprised of one common share of the Company and one common share purchase warrant with each [...]
Five Star Diamonds Ltd. is pleased to announce that due to interest from potential investors its previously announced non-brokered private placement has been increased by $500,000 up to 66,666,66 units of the Company at an offering price of $0.015 per unit for gross proceeds of up to $1,000,000. Each unit will be comprised of one common share of [...]
Five Star Diamonds Ltd. announces that it is proposing to complete a non-brokered private placement of up to 33,333,333 units of the Company at an offering price of $0.015 per unit for gross proceeds of up to $500,000. Each unit will be comprised of one common share of the Company and one common share purchase warrant with each warrant exercisable [...]
Five Star Diamonds Limited announces that it will be relying on the blanket relief granted by the Canadian Securities Administrators in respect of its obligation to file its annual financial statements required by subsection 4.2 of National Instrument 51-102 - Continuous Disclosure Obligations and its annual management's discussion and analysis [...]