Element 29 Resources Inc. announces today the following officer and director resignations: Steve Stakiw, as President, Chief Executive Officer and a director of the Company; Paul Johnston, as Vice President, Exploration of the Company; Peter Espig, as a director of the Company; and Michael Doggett, as a director of the Company. Richard Osmond, Chairman of the Company, will step in as Chief Executive Officer of the Company [...]
VANCOUVER, BC, Feb. 26, 2024 /CNW/ - The following issues have been halted by CIRO Company: Element 29 Resources Inc. TSX-Venture Symbol: ECU All Issues: Yes Reason: Pending News Halt Time : 12:17 pm CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Element 29 Resources Inc. announces it has closed its non-brokered private placement financing of 19,045,253 units at a price of $0.15 per Unit for aggregate gross proceeds of $2,856,788 . Each Unit issued under the Financing consists of one common share in the capital of the Company and one non-transferable Common Share purchase warrant . Each Warrant is exercisable for one Common Share at an exercise price of $0.25 per [...]
Element 29 Resources Inc. is pleased to announce due to investor demand it has increased the size of the non-brokered private placement offering previously announced on July 31, 2023. The Company now proposes to issue up to 19,333,333 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds to the Company of up to $2,900,000 . Each Unit issuable under the Financing consists of one common share in the [...]
Element 29 Resources Inc. announces it has terminated the non-brokered private placement offering previously announced on May 30, 2023. The Company intends to complete a new, non-brokered private placement of up to 13,333,333 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds to the Company of up to $2,000,000. Each Unit issuable under the Financing consists of one common share in the capital [...]
Element 29 Resources Inc. announces that it intends to complete a non-brokered private placement of up to 11,111,111 units of the Company at a price of C$0.18 per Unit for aggregate gross proceeds to the Company of up to C$2,000,000. Each Unit issuable under the Financing consists of one common share in the capital of the Company and one-half of one non-transferable Common Share purchase warrant . Each Warrant is [...]
Element 29 Resources Inc. announces results from the 2,043-metre Phase 2 drill program at its 100% owned Elida Copper Project located in central Peru . Elida Drilling Highlights Drill hole ELID032 intersected 404.5 m of 0.45% copper , 0.032% molybdenum , and 3.6 g/t silver for 0.60% copper equivalent1 , including 123.0 m of 0.52% Cu, 0.036% Mo and 4.0 g/t Ag for 0.68% CuEq1 starting from the bedrock surface at 45.5 m [...]
Element 29 Resources Inc. reports positive results from sequential copper leach analysis of samples from the Phase 1 drilling program at its Flor de Cobre Copper Project in southern Peru . Preliminary results indicate positive copper leach extraction characteristics from the chalcocite-dominated enrichment zone at Candelaria on Flor de Cobre. Steve Stakiw, Element 29's President and CEO, comments, "We are greatly [...]
Element 29 Resources announces that the Company has closed its non-brokered private placement financing of 7,725,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $1,545,000. The Offering Each Unit comprises one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant in the capital of the Company. Each whole Warrant is exercisable for a common [...]
Element 29 Resources announces that due to strong investor demand for its non-brokered private placement previously announced on Nov 28, 2022, the Company has agreed to increase the size of the offering by up to 1,475,000 units of the Company, for aggregate gross proceeds of up to $1,545,000. Under the Offering, up to 7,725,000 Units may be issued at a price of $0.20 per Unit in the manner previously disclosed. The [...]
Element 29 Resources Inc. announces that the Company intends to complete a non-brokered private placement of up to 6,250,000 Units at a price of $0.20 per Unit for aggregate gross proceeds of up to $1,250,000 . Each Unit comprises one common share of Element 29 and one-half non-transferable common share purchase warrant. Each whole Warrant will be exercisable for a common share at an exercise price of $0.30 and will [...]
Element 29 Resources Inc. announces that the Company's common shares have been listed for trading on the Bolsa de Valores de Lima as of November 16, 2022 under the ticker symbol "ECU". Kallpa Securities S.A.B. in Lima, Peru acted as Element 29's sponsoring broker for the BVL listing. Steve Stakiw, President and CEO of Element 29, comments, "We are pleased to list our common shares on the Lima Stock Exchange as we advance [...]
