Power Ore Inc. is pleased to announce that it has closed the non-brokered private placement as announced on August 21, 2020 for aggregate proceeds of $985,000 . The private placement was oversubscribed from the original offering. Upon closing of the Offering, the Company issued: 5,184,333 Flow-Through Units at a price of $0.09 per unit for gross [...]
Power Ore Inc. is pleased to announce that it will close on a non-brokered private placement for aggregate proceeds of $925,000 . Power Ore CEO Stephen Stewart is purchasing approximately 4% of the shares issued in this Offering. Upon closing of the Offering, the Company will issue: 4,684,333 Flow-Through Units at a price of $0.09 per unit for [...]
PowerOre Inc. is pleased to announce that it has acquired 100% royalty free interest in the Scott property, a 2,930 hectare land package adjacent to Power Ore's Opemiska and Yorbeau Resources' Scott Lake project. This acquisition increases the Opemiska Copper Complex property area to nearly 13,000 hectares and further establishes Power Ore as a [...]
Power Ore Inc. is pleased to announce that the transaction as announed on February 28, 2020 related to the Cooke Copper and Robaitaille Gold Mine has closed. In addition to these former producing Falconbdirge Mines, the property includes 12KM of strike of the Gwillin Fault and brings the Opemiska project to a total size of nearly 10,000 hectares [...]
Power Ore Inc. is pleased to announce that the Rider Transaction as announced on May 1, 2020 has closed. As part of the closing, Rider has changed its name to Baselode Energ. Additionally Baselode has completed its qualifying transaction with the acquisition of the Mann Mine from Power Ore and closed on a $700,000 financing to achieve its full [...]
Power Ore Inc. is pleased to announce that it has closed a non-brokered flow-through private placement for aggregate proceeds of $300,000 . Upon closing of the Offering, the Company issued: 4,285,715 FT units, at a price of $0.07 per FT Unit for gross proceeds of $300,000, where each FT unit consists of one flow through common share and one half of [...]
Power Ore Inc. PowerOre Inc. is pleased to announce that it will be closing a $300,000 non-brokered flow-through private placement financing: Terms of the Financing as Follows: FT units priced at 7 cents consisting of one flow through common share plus one half warrant, each full warrant being exercisable into one common share at 10 cents for 2 [...]
Power Ore Inc. is pleased to announce that it has received a 6-month deferral on all of its remaining milestone obligations outlined in the Opemiska Copper Complex acquisition news release dated December 12, 2018. Power Ore has already completed all of its work obligations up until May 22, 2022, and as a result of this new agreement, can opt to [...]
Power Ore Inc. is pleased to report that Rider Investment Capital Corp , is undertaking a $700,000 equity financing and that it will change its name to Baselode Energy . Baselode will focus on energy metals, including uranium and will be lead by James Sykes, a renowned geologist specializing in the Athabasca basin with a proven track record of [...]
Power Ore Inc. is pleased to present its latest webinar, Copper in a COVID World. This 35-minute webinar is hosted by Power Ore CEO Stephen Stewart and covers the Company's contrarian view on how copper will be a beneficiary from expected policy decisions coming from the United States and Canadian governments as a result of the COVID-19 crisis. The [...]
Power Ore Inc. is pleased to announce that it has entered into an agreement with 2736-1179 Quebec Inc. to acquire the past producing Robitaille and Cooke Mines, both former Falconbridge mines. This acquisition also increases the Opemiska Copper Complex property from 797 hectares to 9,852 hectares. This new land package is contiguous to the Springer [...]
Power Ore Inc. is pleased to announce that has entered into an agreement to sell its Mann Mine to Rider Investment Capital Corporation , a Capital Pool Company listed on the TSX Venture Exchange. In exchange for Power Ore's 100% interest in the Mann Mine it will receive 17,857,143 shares of Rider at an impiled $1.25 million valuation. The sale is [...]