Pacific Bay Minerals Ltd. . The Company has reduced the price of the units under the Offering from $0.07 per Unit to $0.05 per Unit. Each Unit will now be comprised of one common share in the capital of the Company and one Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Share for a period of 36 months from the closing date of the offering, at an exercise price of $0.10 per Share [...]
Pacific Bay Minerals Ltd. is pleased to announce that, further to its press release dated March 28, 2023, it has issued 4,000,000 common shares of the Company at a deemed price of $0.05 per Share to settle $200,000 of previously outstanding indebtedness owed to the estate of former Pacific Bay director Guilford Brett . The Shares are subject to a hold period expiring four months and one day after the date of issuance. As [...]
Pacific Bay Minerals Ltd. invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference. Pacific Bay Minerals Ltd. is pleased to announce that it has been invited to present at the Emerging Growth Conference on May 17th, 2023. The next Emerging Growth Conference is presenting on May 17th, 2023. This live, interactive [...]
Pacific Bay Minerals Ltd. of the Company at a price of $0.07 per Unit for gross proceeds of up to $500,500 . Each Unit will consist of one common share and one-half of one Share purchase warrant , with each Warrant entitling the holder to acquire an additional Share at a price of $0.12 per Share for a period of 36 months from the closing date of the Offering. The Offering is expected to close on or about May 30, 2023, and [...]
Reagan Glazier, president and CEO of Pacific Bay Minerals Ltd. reports that Pacific Bay and Brixton Metals Corp have agreed to amend the terms of the definitive option agreement entered into by the parties on May 4th, 2022 enabling Pacific Bay to acquire up to a 100% interest in the Atlin Goldfields Property in northern BC . The amending agreement provides Pacific Bay additional time to complete the required first [...]
Pacific Bay Minerals Ltd. is pleased to announce that it has reached an agreement with the estate of former Pacific Bay director Guilford Brett to convert approximately $200,000 of debt consisting of loans, cash advances and accrued interest into common shares of the Company at a price of $0.05 per Share . The 4,000,000 Shares to be issued pursuant to the Debt Conversion will be subject to a hold period expiring four [...]
Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. reports that the Company has appointed BC geologist Reagan Glazier to its board of directors and as President and CEO of the Company. Former President & CEO David H. Brett will remain on the board as non-executive chair. Coincident with the forgoing changes, Pacific Bay director Bill Smith has stepped down from the board to focus on other priorities. Mr. Glazier [...]
Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. reports that the Company has now received assay results for the initial drill phase conducted in September 2022, consisting of two diamond drill holes on the Atlin Goldfields Project near the town of Atlin in northern British Columbia. Pacific Bay holds an option to acquire up to a 100% interest in the Property from Brixton Metals Inc. The diamond drill holes [...]
Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. reports that Helder Carvalho has resigned as Vice President of Corporate Development. Mr. Carvalho decided to pursue other opportunities and the Board wishes him well with his future endeavors. About Pacific Bay Minerals Limited Pacific Bay Minerals is a Canadian mineral exploration company engaged in the acquisition, exploration, and development of mining [...]
Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. reports that the Company has completed two diamond holes at the Atlin Goldfields Project near the town of Atlin in northern British Columbia. The drilling encountered mineralization within the Property's high grade Yellowjacket shear/vein system and assays are pending. Pacific Bay holds an option to acquire up to a 100% interest in the Property from Brixton [...]
Mr. Antonio Vespa, President & CEO, Pacific Bay Minerals Ltd. reports that diamond drilling has commenced at the Company's Atlin Goldfields Project near the town of Atlin in northern British Columbia. The Company has contracted Diamondhead Drilling to complete a series of drill holes targeting the Property's high grade Yellowjacket shear/vein system. Pacific Bay holds an option to acquire up to a 100% interest in the [...]
Antonio Vespa, President and CEO, Pacific Bay Minerals Ltd. announces that Linda Dandy, P.Geo., has joined the Company's Technical Advisory Board. The Company also reports that, Sebastien Ah Fat has resigned as Vice President of Exploration of the Company, effective immediately. "We are excited to welcome Linda to our technical team," said David Brett, Chair of Pacific Bay. ""Linda brings over 40 years of mining and [...]
