Rupert Resources Ltd. reports that it has published its financial results for the three months ending May 31, 2020 and accompanying Management Discussion and Analysis for the same period. Both of the above have been posted on the Company’s website www.rupertresources.com and on Sedar at www.sedar.com. Operating highlights During the quarter the Company demonstrated continued success with its systematic exploration both at [...]
Rupert Resources Ltd. reports that it has closed the previously announced concurrent equity financings raising a total of C$25,600,000. The financings comprised two components: a bought deal equity offering ; and a private placement with existing shareholders, including Agnico Eagle Mines Ltd. . A total of 5,295,999 common shares in the capital of the Company were issued pursuant to the Public Offering at a price of [...]
Rupert Resources Ltd. is pleased to announce that it has entered into an agreement with BMO Capital Markets , as sole underwriter, under which BMO has agreed to buy, on a bought deal basis 4,605,217 common shares , at a price of C$3.20 per Common Share for gross proceeds of approximately C$14,737,000 . The Company has also granted the Underwriters an option , exercisable at the Offering Price for a period of 30 days [...]
Rupert Resources Ltd. reports new drill results from its ongoing exploration programme at the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200629005277/en/ Figure 1. New discoveries and base of till anomalies at Area 1 The Company has demonstrated extension to the significant gold [...]
Rupert Resources Ltd. announces changes to its Board to take place with immediate effect. Michael Ouellette, Chief Executive Officer of a US based family office and George Ogilvie: P.Eng., President and Chief Executive Officer of Rubicon Minerals Corp. will join the Board as Non-Executive Directors. Robert Suttie, a Non-Executive Director since November 2017 is to retire from the Board. Chairman of Rupert Resources [...]
Rupert Resources Ltd. reports new drill results from its ongoing exploration programme at the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200610005375/en/ Figure 1 - Location of Heina South and five other discoveries made in Area 1 since April 2019 The Company has intersected gold [...]
Rupert Resources Ltd. announces that it has published its audited financial results for the twelve months ending February 29, 2020 and accompanying Managements Discussion and Analysis for the same period. Both of the above have been posted on the Company’s website www.rupertresources.com and on Sedar at www.sedar.com. During the 12 months ending February 29, 2020, the Company spent $9,571,101 on its exploration projects [...]
Rupert Resources Ltd. reports results from ongoing exploration activities at the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200521005372/en/ Figure 1: Plan view showing new results and location of T-Vein and East Vein zones The Company has completed 8,858m of exploration drilling [...]
Rupert Resources Ltd. today reported results from its ongoing exploration programme at the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200512005470/en/ Location of new Ikkari discovery at Area 1 - situated along a major regional structure and 25km from the Pahtavaara mill. The [...]
Rupert Resources Ltd. provides detail of response to the COVID-19 pandemic and an update on exploration activities in Finland at the Pahtavaara Project. The Company is committed to the ensuring the health and safety of its staff and is following the recommendations of the Finnish Government. To date no-one has been diagnosed with COVID-19, staff are working from home where possible, minimising direct contact and ensuring [...]
Rupert Resources Ltd. reports results from its Hirvi satellite project, drilled as part of its ongoing regional exploration program. The Hirvi Project is a known gold occurrence with limited historical drilling located in close proximity to the two permitted mills in the region - 53km north west of Rupert’s Pahtavaara mine and 19km south of the Kittilä mine operated by Agnico Eagle Mines . This press release [...]
Rupert Resources Ltd. provides an update on regional exploration program at its 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland. Two new discoveries have been made at Area 1, 20km from the Pahtavaara mill. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200226005950/en/ Figure 1. Location of Pahtavaara mill and Area 1 [...]