Canadian Platinum announces that, further to the press releases dated October 2nd, 2017 and November 7th, 2017, under the terms of the Purchase and Sale Agreement between CPC and American Energy Metals Corp., it has elected to terminate the Agreement. AEMC was unable to complete its corporate structuring, failing to meet its initial obligations, in [...]
Canadian Platinum, Gary Billingsley, Chief Executive Officer of the Corporation announces that the Corporation has closed its previously announced non-brokered private placement of units for gross proceeds of $299,750 . The Offering consisted of the issuance of an aggregate of 19,983,333 Units at a price of $0.015 per Unit. Each Unit consists of [...]
Canadian Platinum announces that, further to the press release dated October 2nd, 2017, under the terms of the Purchase and Sale Agreement between CPC and American Energy Metals, it has granted AEMC a one-month extension to complete it's capital structuring and fulfil the initial obligations set out in the Agreement. Canadian Platinum is a [...]
Canadian Platinum announces that it has signed a LOI to enter into an option agreement with a non-arm's length third party to earn a 50% interest in a former-producing copper-zinc-silver property in Mineral County. The LOI sets out the basic terms of a formal option agreement to be signed within 90 days. The transaction is subject to all required [...]
Canadian Platinum announces that it intends to raise up to $300,000 through a non-brokered private placement. The private placement will consist of up to 20,000,000 units at a price of $0.015 per unit. Each unit consists of one common share of the Company and one share purchase warrant. Each share purchase warrant entitles the holder thereof to [...]
Canadian Platinum is pleased to announce that it has signed a definitive agreement to sell its 100%-owned Peter Lake property in northern Saskatchewan. Further to the news release dated July 13, 2017, the terms outlined in the original Letter of Intent have been revised through ongoing negotiation resulting in the final Agreement. The purchaser is [...]
Canadian Platinum announces the granting of incentive stock options to directors and management totaling 7,000,000 common shares effective August 28, 2017. The options are priced at $0.05 per share vesting on December 28, 2017, and expire August 28, 2027. The options are governed by the Company's Stock Option Plan approved by shareholders May 31 [...]
Canadian Platinum announces that it has entered into a debt settlement agreement with the current President of the Company, pursuant to which the Company has agreed to issue 8,342,931 common shares at a deemed price of $0.05 per share in order to settle an outstanding debt of $417,146.55 related to cash advances made to the Company. In order to [...]
Canadian Platinum announces that it has signed a LOI to option its 100%-owned Peter Lake property to an arms-length third party. The terms of the LOI allow for a due diligence period followed by the execution of a definitive agreement subject to all necessary board and regulatory approvals. Terms of the definitive agreement will allow the third [...]
Canadian Platinum is pleased to announce that it has closed the acquisition of a 70% working interest in the Cook Gold Project in Humboldt County, from a private Nevada corporation. Closing of the acquisition was conditional on obtaining disinterested shareholder approval of the transaction, resulting in the creation of a new control person. This [...]
Canadian Platinum is pleased to announce that it has entered into a Sale and Purchase Agreement to acquire a 70% working interest in the Cook Gold Project in Humboldt County, Nevada, USA, from a private Nevada corporation. Consideration for the purchase is 50 million common shares of CPC to be issued upon the transaction closing, subject to [...]
Canadian Platinum announces that permits to carry out a two-hole drilling program on its 100%-owned Craig Lake Project, in northeastern Saskatchewan, have been received from the Saskatchewan Ministry of Environment. Located near the city of Flin Flon, Manitoba, the Craig Lake Project area is within 1700 metres of the former producing Westarm Mine [...]
