Northisle Copper and Gold Inc. is pleased to announce that all the proposed resolutions at its Annual General Meeting of Shareholders held on Tuesday, December 29, 2020 were duly passed. The results for each of the matters voted upon at the meeting are set out below: RESOLUTION VOTES FOR % FOR VOTES WITHHELD / AGAINST % WITHHELD / AGAINST Elect as a Director: Sam Lee 56,897,718 97.49% 1,465,602 2.51% Dale Corman [...]
PEA targeted for completion during Q1 2021 Highlights 2020 achievements include expanding the Board and executive team, closing an oversubscribed $3.2 million financing of common shares and completing key metallurgical studies on the North Island Project Upcoming PEA will reflect several updates and improvements to the previously completed study including: Red Dog copper and gold recovery estimate increased to 89.8% and [...]
Northisle Copper and Gold Inc. is pleased to announce the appointment of Nicholas Van Dyk as Vice President, Corporate Development and Investor Relations, effective immediately. Nicholas is a public company executive with over 15 years of experience in corporate development, finance, and investor relations with a focus on the mining industry. He has advised a range of public and private companies on strategic corporate [...]
Northisle Copper and Gold is pleased to announce the appointment of Kevin O'Kane as an independent non-executive director, effective immediately. Commenting on the appointment, Dale Corman, Chairman of the Board of Directors, said: "The Board of Northisle is pleased to welcome Kevin as he adds strong technical, operational, social, and environmental expertise. Moreover, his long tenure at BHP Billiton, working at the [...]
Northisle Copper and Gold Inc. is pleased to announce that it has closed the Company's previously announced oversubscribed non-brokered private placement of common shares. Pursuant to the Placement, Northisle issued 24,607,678 common shares of the Company at a price of C$0.13 per Common Share for gross proceeds to the Company of approximately C$3,200,000. The Common Shares issued pursuant to the Placement are subject to a [...]
Northisle Copper and Gold Inc. is pleased to provide an update on its private placement previously announced on October 13, 2020. The Placement is oversubscribed and the Company now intends to raise gross proceeds of up to $3.2 million by issuing up to 24,615,385 common shares at a price of $0.13 per share. Please refer to the initial news release announcing the Placement for additional details, including anticipated use [...]
Northisle Copper and Gold Inc. announces that it intends to raise up to $3,000,000 by way of a non-brokered private placement to consist of up to 23,076,923 common shares at a price of $0.13 per share. Certain insiders of the Company intend to participate, with full particulars of such participation to be included in the news release announcing the closing of the Placement. In addition, NorthIsle has included affiliates [...]
Northisle Copper and Gold Inc. is pleased to announce that the Board of Directors has appointed Sam Lee as President and Chief Executive Officer of Northisle, effective October 5, 2020. John McClintock has resigned as President and CEO and will continue with the Company as Vice President, Exploration. Over the past 20 years Mr. Lee has advised on some of the most prominent M&A, equity, and debt transactions in the [...]
HIGHLIGHTS The recently completed metallurgical tests improved the copper and gold recovery rates at the Red Dog Deposit by an average of 5% and 65% respectively, compared to the tests forming the bases for estimates used in the previously published PEA Metallurgical tests also demonstrate potential to recover silver and rhenium metal content, which was previously excluded from the PEA economics The previously published [...]
NCX Highlights The recently completed metallurgical tests improved the copper and gold recovery rates at the Hushamu Deposit by an average of 17% and 24% respectively, compared to the tests forming the bases for estimates used in the previously published PEA Metallurgical tests also demonstrate potential to recover silver and rhenium metal content, which was previously excluded from the PEA economics Similar metallurgical [...]
Northisle Copper and Gold announces that as a result of the COVID-19 pandemic, Northisle experienced delays in the completion of its audited year end financials and a corresponding delay in the preparation of its first quarter financials and Management Discussion and Analysis. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market [...]
Northisle Copper and Gold announces that as a result of the COVID-19 pandemic, Northisle has experienced delays associated with the limited availability of our auditors and certain employees critical to the audit process. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for periodic [...]
