Gunpoint Exploration Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement of 3,000,000 units at a price of $0.50 per Unit for aggregate gross proceeds of $1.5 million . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of [...]
Gunpoint Exploration Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to 3,000,000 units at a price of $0.50 per Unit for aggregate proceeds of up to $1.5 million. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share of the Company at an exercise [...]
Gunpoint Exploration Ltd. is pleased to announce that, further to its announcement on November 23, 2021, it has issued an aggregate of 3,443,333 common shares of the Company to two creditors to settle aggregate debt in the amount of $2,066,000 at a deemed price of $0.60 per share. Gunpoint's President, Randy Reifel, received 1,723,333 Shares for the debt held by his privately owned company, Brant Investments Ltd [...]
Gunpoint Exploration Ltd. is pleased to announce the appointment of Anna Tudela, John Mackay, John Perston and Charlie Ronkos as directors of the Company, elected by the Company's shareholders at its annual general meeting held on October 26, 2021. Anna Tudela has over 30 years experience working with public companies in securities and corporate finance in Canada, the United States and South America. Ms. Tudela, was Vice [...]
Gunpoint Exploration Ltd. is pleased to announce the appointment of Cindy Ieong, CPA, CA, as Chief Financial Officer effective September 1, 2021. Ms. Ieong is a Canadian chartered accountant with 12 years of progressive senior level experience to mining and construction companies in areas of finance, treasury management and risk analysis. Randy Reifel, Chairman and President states, "I am very pleased to welcome Cindy [...]
Gunpoint Exploration Ltd. is pleased to announce that the TSX Venture Exchange has approved the sale of the La Gitana and Pena Blanca properties in Oaxaca State, Mexico to Inomin Mines Inc. . Inomin is acquiring a 100% interest in the Properties from Gunpoint for consideration of a $25,000 cash payment and issuing 1.0 million common shares of Inomin to the Company. Gunpoint will retain a 1% NSR on the Pena Blanca [...]
Gunpoint Exploration Ltd. wishes to announce that it has entered into an agreement with Megastar Development Corp. whereby Megastar Development Corp. has been granted an option to acquire a 100% interest in Gunpoint's Cerro Minas Project located in Oaxaca State, Mexico. The Cerro Minas Project is located 130 kilometers southeast of Oaxaca City and comprises 899 hectares. The mineralization at Cerro Minas consists of skarn [...]
Gunpoint Exploration Ltd. is pleased to announce the signing of a non-binding letter of intent with Inomin Mines Inc. to sell its 100% interest in the La Gitana gold-silver property located in Oaxaca State, Mexico . La Gitana comprises a 494 hectare property situated within a major northwest trending regional structure that host several Mineral Deposits Ltd. including Gold Resource Corp.'s La Aguila open-pit gold-silver [...]
Gunpoint Exploration's Board of Directors has pursuant to its incentive stock option plan, granted 1,500,000 stock options to directors, officers, employees and consultants of the Company, at an exercise price of $.25 per share. The Options are exercisable for a term of five years from the date of the grant. The Options will vest and be exercisable on the basis of 25% annually commencing April 30, 2019, the first [...]
Gunpoint Exploration reports that Timberline Resources has not made the US$2 million Talapoosa option payment due March 31, 2018 to Gunpoint . Accordingly, Timberline's option to acquire the Talapoosa gold project has terminated and 100% ownership of Talapoosa has reverted to Gunpoint. During the past three years, Gunpoint has received from Timberline US$1.3 million and 3 million common shares under the option agreement [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 31, 2017) - Gunpoint Exploration Ltd. ("Gunpoint" or the "Company") (TSX VENTURE:GUN) wishes to announce that it has entered into an agreement ("Option Agreement") with Riverside Resources Inc. (TSX VENTURE:RRI) whereby Riverside Resources Inc. ("Riverside") has been granted an option to acquire a 100% interest in Gunpoint's La Cecilia-Margarita gold project ("La Cecilia [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 20, 2016) - Gunpoint Exploration Ltd. (TSX VENTURE:GUN) ("Gunpoint" or the "Company") is pleased to announce that the Company has agreed to a restructuring and extension of the option agreement ("Option Agreement") with Timberline Resources Corp. (TSX VENTURE:TBR)(OTCQB:TLRS) ("Timberline") to acquire a 100% interest in Gunpoint's Talapoosa gold project ("Talapoosa") located [...]
