Spey Resources Corp. is pleased to announce that it has appointed Phillip Thomas to its advisory board. Phillip Thomas is currently CEO of AIS Resources Ltd, and was Director of Exploration until December 18, 2020 when Denis M Walsh MAIG was appointed chief geologist. Mr. Thomas continues to be President of Panopus Plc and Gurtan Pty Ltd, both of which are exploration, valuation and geological exploration consulting [...]
Spey Resources Corp. is pleased to announce that it has engaged Ascenta Finance Corp. to conduct a private placement financing for gross proceeds of up to $2,000,000 through the issuance of up to 8,000,000 Units priced at $0.25. Each Unit will be comprised of one common share and one transferable common share purchase warrant . Each Warrant will be exercisable for one common share at $0.40 for a period of two years from [...]
Spey Resources Corp. is pleased to announce that it has entered into a Share Purchase Agreement dated as of April 23, 2021 with the shareholders of Tech One Lithium Resources Corp. , under which Spey has purchased all of Tech One's issued and outstanding shares. As consideration for Spey's purchase of the Tech One shares, Spey issued an aggregate of 23,500,000 shares to the Vendors. Tech One has the option to acquire 100 [...]
Spey Resources Corp. is pleased to announce that it has approved its summer field work program on the Silver Basin project located in the historic Silver Cup mining camp of the Revelstoke Mining Division, in south-eastern British Columbia. The Company is engaging Tripoint Geological Services Ltd. to follow up on last season's successful field campaign which consisted of locating and sampling seven of the nine known [...]
Spey Resources Corp. announces that further to its news release dated March 26, 2021, the Company has closed its oversubscribed $0.10 unit private placement for net proceeds of $600,000. The Company issued 6,000,000 units, each unit consisting of one common share and one non-transferable common share purchase warrant, each warrant exercisable for the purchase of one common share at $0.22 for a period of 12 months. The [...]
Spey Resources Corp. is pleased to announce that Nader Vatanchi has been appointed CEO and director of Spey Resources. Mr. Vatanchi has spent the last nine years in finance, starting with Edward Jones and IG Wealth Management in 2012 where he spent a combined six years before selling his business to pursue his entrepreneurial goals. Mr. Vatanchi graduated with a bachelor of arts in criminology from Simon Fraser [...]
Spey Resources Corp. would like to provide further detail regarding the completion of its acquisition of Tay Resources Corp. previously announced on March 1, 2021. The Company acquired 100% of the issued and outstanding common shares in the capital of Tay from the shareholders of Tay pursuant to an agreement among the Company, Tay and the Tay Shareholders, resulting in Tay becoming a wholly-owned subsidiary of Spey. In [...]
Spey Resources Corp. is pleased to announce that the Company has completed its acquisition of Tay Resources Corp. . The Company acquired 100% of the issued and outstanding common shares in the capital of Tay from the shareholders of Tay pursuant to an agreement among the Company, Tay and the Tay Shareholders, resulting in Tay becoming a wholly-owned subsidiary of Spey. Tay owns an option to acquire from John Denny and [...]
Spey Resources Corp. is pleased to announce its summer 2020 geological mapping, prospecting and rock sampling program resulted in the identification of regional scale, structural, alteration and lithological characteristics of many of the deposits and occurrences in the Silver Basin area. These characteristics exhibit many of the global hallmarks of productive orogenic gold deposits including; an association with regional [...]
Spey Resources Corp. is pleased to announce the completion of the 2nd phase of its work program at the Silver Basin project in the Revelstoke Mining Division in south-eastern British Columbia. An initial program consisting of reconnaissance, mapping and sampling was carried out immediately subsequent to the Company optioning the project in late July of this year. Due to the compelling indicators and prospectivity [...]
Spey Resources Corp. is pleased to announce that a first tranche of the non-brokered private placement previously announced on July 30, 2020 has now closed. In this first tranche of the Private Placement, the Company issued an aggregate of 3,194,500 units at a price of $0.10 per Unit for gross proceeds of $319,450. Each Unit was comprised of one common share in the capital of the Company and one non-transferrable Common [...]
Spey Resources Corp. is pleased to announce the results of voting at its annual general meeting of shareholders which was held August 26th in North Vancouver, British Columbia . All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, were approved by the requisite majority of votes cast at the Meeting, those being: NUMBER OF DIRECTORS Shareholders approved [...]