Ankündigung • Jun 24
Pambili Natural Resources Corporation announced that it expects to receive CAD 1 million in funding Pambili Natural Resources Corporation announced a non-brokered private placement to issue 20,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 1,000,000 on June 23, 2025. Each unit comprises one common share and one common share purchase warrant, with an exercise price of CAD 0.10 exercisable fora period of one year from closing of the offering. The company intends to pay a finder's fee of 5% of the proceeds in units. Other than being non-transferable, each finder's warrant shall otherwise be on the same terms as the warrants. There are no proposed payments to non-arm's-length parties or parties conducting investor relations activities. The offering may close in one or more tranches, as subscriptions are received. Units issued pursuant to the offering shall be subject to a four-month-plus-one-day hold period commencing on the date of issue under applicable Canadian securities laws. Closing of the offering, which is expected to occur on or about August 31, 2025, will be subject to satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including approval by the exchange. Ankündigung • Jun 20
Pambili Natural Resources Corporation Reports Encouraging Gold Assay Results from East Adit Cross-Cut Pambili. Natural Resources Corporation provided an update on the continued development of the crosscut at the East Adit on its Golden Valley A1 mining claim ("GVM") in Zimbabwe, previously announced on May 29, 2025. The cross-cut has now progressed some seven metres to the south and remains in mineralization. Non-compliant assays of recent sludge drilling samples have returned encouraging grades of 0.21 grams per tonne ("g/t") gold for the first metre, increasing to 2.65 g/t gold and 3.58 g/t gold for the second and third metres, respectively. Sludge hole drilling is a low-cost, early-stage exploration technique that uses compressed air and water to rapidly drill shallow holes and recover rock chips for preliminary geological analysis. The sludge holes have been drilled in the direction of the drive, at a slight angle to enable the cuttings to be washed out of the hole and collected. Given the combination of gold loss in the cracks in the sludge hole and the small sample size, these results cannot be considered to be representative. However, they are consistent with the assay results of the core from diamond drill hole EADD001. Those results indicated a target zone of some seven metres @ 2 g/t gold, including 2m @ 3.86 g/t gold. The expectation is that the target zone will be encountered within 10 metres of the sub-vertical shaft. Development and further sludge drilling will continue until the target is reached. New Risk • Jun 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (44% average weekly change). Negative equity (-CA$284k). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m (CA$60k revenue, or US$44k). Market cap is less than US$10m (CA$2.12m market cap, or US$1.55m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Ankündigung • Jun 13
Pambili Provides Update on Development of the East Adit Cross-Cut At GVM Pambili Natural Resources Corporation provided an update on the development of the cross-cut at the East Adit on its Golden Valley A1 mining claim ("GVM"), previously announced on May 29, 2025. The cross-cut has progressed some 6.5 metres and the geology is consistent with that identified in the core from diamond drill hole EADD001. This indicated a target zone of some 7m @ 2 grams per tonne (g/t) including 2m @ 3.86 g/t. The material extracted to date is highly mineralized (dominate pyrite and subordinate chalcopyrite) and contains quartz veins injected with fractured chert. Assays of routine face sludge drilling samples (by a non-accredited laboratory) returned low-grade gold mineralization peaking in the most recent hole at 0.51 g/t. Once the target zone has been intersected, the technical team will channel sample the side walls of the entire cross-cut to gain a better understsanding of the mineralization encountered to date. In the meantime, and despite the low grades, all the development material is being processed through the on site stamp mill. Ankündigung • May 30
Pambili Natural Resources Corporation Provides an Update for the Golden Valley A1 Mining Claim in Zimbabwe Pambili Natural Resources Corporation provided an update for the Golden Valley A1 mining claim ("GVM") in Zimbabwe. Pambili has commenced development of a cross-cut into the new gold target area ("Target Area") previously identified by Hole EADD001 at GVM earlier this year (announced Jan. 14, 2025). Assays of the core retrieved from Hole EADD001 identified an anomalous zone of sulphide mineralized brecciated chert returning 1.2 grams per tonne ("g/t") gold over an apparent width of 17.2 metres beneath the historic workings at GVM mine. Mineralization appears to remain open along strike and at depth. Pambili is developing the cross-cut from the recently developed sub-vertical shaft. The Company will extend a cross-cut southwards to the higher-grade lower contact (7m @ 2.00g/t Au including 2m @ 3.86g/t Au) as a priority and the lower-grade upper contact (2.19m @ 1.57g/t Au) as an secondary priority. Pambili will process the material recovered from the cross-cut through the existing on-site stamp mill at GVM. At current gold prices, processing grades as low as 0.5 g/t can be profitable. Once the mineralized zone is encountered, any ore will be processed through the GVM gravity recovered gold ("GRG") plant, which is currently being modified to facilitate the processing of larger quantities of ore. Ankündigung • May 14
Pambili Natural Resources Corporation announced that it has received CAD 0.528593 million in funding from Kavango Resources Plc On May 13, 2025, Pambili Natural Resources Corporation closed its non- brokered private placement transaction through the issuance of
CAD 528,593 convertible loan notes (“CLN”) issued to qualified investors. The Offering was oversubscribed by CAD 28,593.The Offering is subject to all necessary regulatory approvals including acceptance from the TSXV. Ankündigung • Feb 28
Pambili Natural Resources Corporation Appoints Mr. Victor Feng to its Board of Directors Pambili Natural Resources Corporation announced the appointment of Mr. Victor Feng to its Board of Directors. Mr. Feng is currently the Interim Chief Executive Officer of Tincorp Metals Incorporated. Mr. Fengs appointment to Pambilis Board of Directors underscores the Companys commitment to building a professional leadership team capable of delivering the desired results for its stakeholders. Ankündigung • Nov 27
Pambili Natural Resources Corporation Announces New High Grade Vein At Golden Valley Project, Zimbabwe Pambili Natural Resources Corporation announced identification of a new high grade vein at Shaft 14 of the Company's Golden Valley Project, Zimbabwe ("Golden Valley"). Recent cleaning out of the old workings on Shaft 14 (across the valley to the West of the East Adit where the underground drilling is taking place) has exposed a very encouraging oxide ore body. A grab sample of the friable material taken over approximately 70cm of the exposed reef panned a 1cm long tail of visible gold. A series of additional grab samples was submitted to the local non-accredited laboratory in Bulawayo as a check and returned supporting high grades, including: Sample 1 returned 192.50 grams a tonne ("g/t") from fire assay. Sample 2 returned 75 g/t from a bottle roll. Sample 3 returned 63 g/t from a bottle roll. A grab sample of the hanging wall to the orebody also yielded over 1 g/t indicating that the reef is not fully exposed. Pambili's mining team is currently cleaning out the historical workings and timbering them to make the workings safe. Thereafter, a survey of the sample points will be completed and the development pushed forward to access the ore for systematic sampling and extraction to the mill. Ankündigung • Sep 12
Pambili Natural Resources Corporation Commences Underground Drilling At the Golden Valley Mine Pambili Natural Resources Corporation announced that underground drilling has begun at its Golden Valley Mine ("GVM") in Zimbabwe. Shengela (Private) Limited ("Shengela") has been engaged to complete the underground drilling program ("Program") at GVM. An initial 600m of diamond drilling will be completed with the objective of identifying the extension of the orebody previously mined at GVM along with possible parallel zones to the north of the existing orebody. Shengela will use a Meter Eater drilling rig to produce AXT (30 mm) core from up to six holes, with a maximum depth of 100m per hole. The Company's initial objective is to test the down dip continuity of the ore body at GVM through holes EADD001 to EADD003 which will be drilled in a fan at a -45deg angle. Pambili expects that at least one of these holes is likely to intersect the orebody in the footwall at approximately 25m downhole. Pambili's secondary target is a NW-trending shear that was interpreted from airborne geophysics. The shear appears to be located 25 to 30m north of the underground workings. An initial "scout" hole (EADD004) will be drilled at a +5deg angle and, depending on the results obtained from the core, two further holes (EADD005 and EADD006) are planned on either side of the scout hole. The following schematic shows the location and direction of the planned holes relative to the historic workings at GVM: Pambili's drilling program is designed to identify a production resource rather than a code-compliant mineral resource estimate, so sampling and testing will only be conducted on any mineralized zones intersected by each hole. Assays of such intersections will be submitted to an ISO/IEC 17025 accredited commercial metallurgical assay laboratory in Zimbabwe on a hole-by-hole basis to minimize the time taken to get the full assay results. Pambili expects the assay results from each hole to help guide the direction of subsequent drilling. For example, if the Company's first hole shows promising mineralization, the direction of the third hole may be adjusted from the initial plan to determine the extent of that mineralization. New Risk • Sep 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$318k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$318k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-CA$2.3m). Earnings have declined by 9.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (111% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.11m market cap, or US$3.05m). Ankündigung • Aug 17
Pambili Natural Resources Corporation Announces Chief Financial Officer Changes Pambili Natural Resources Corporation announced that, with effect from 01 August 2024, Mr. Russel Swarts has been appointed as Interim Chief Financial Officer (CFO) of the Corporation. Since August 29, 2022, Mr. Jon Harris has been acting as both CEO and interim CFO and, on August 6, 2024, Pambili received email notification from the TSX Venture Exchange (the Exchange) that the Corporation was in breach of Exchange Policy 3.1, section 5.9 (the Policy) which states, among other things, that no Person may act as a CEO and CFO of the same Issuer at the same time. The Corporation has therefore been placed on Notice and is required to address the deficiency concerning the separation of CEO and CFO positions by November 7, 2024. Failure to do so may result in the Exchange halting trading in the Company's securities. Notwithstanding the Notice, Pambili has already been in discussions with several CFO candidates over the past few months, and the recently approved acquisition of the Golden Valley mine in Zimbabwe has certainly raised interest in the Corporation and its plans to expand its gold mining operations in that country. Given his specific background in African natural resources, Mr. Swarts was the preferred candidate and has accepted the offer to become Pambilis Interim CFO. Mr. Swarts is a seasoned financial executive and brings more than 30 years of financial experience to Pambili. Now based in the United Kingdom, Mr. Swarts has held senior-level finance positions with a broad focus in exploration both in southern Africa and internationally for listed entities in London and Toronto. He is currently a non-executive director of Helium One Global Ltd. Mr. Swarts holds a Bachelor of Accounting Science degree, with honours, from the University of South Africa and is a registered Chartered Accountant (South Africa). New Risk • Jul 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 81% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-CA$2.0m). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.83m market cap, or US$2.04m). Ankündigung • Jul 02
Pambili Natural Resources Corporation, Annual General Meeting, Aug 30, 2024 Pambili Natural Resources Corporation, Annual General Meeting, Aug 30, 2024. Location: alberta, calgary Canada Ankündigung • Apr 30
Pambili Natural Resources Corporation announced that it has received CAD 0.105 million in funding On April 29, 2024, Pambili Natural Resources Corporation closed the transaction. The company issued 2,100,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 105,000 in the transaction. The company has paid finder's fees totaling CAD 5,000 through the issuance of 100,000 common shares and 100,000 finder's warrants. Each finder's warrant entitles the finder to purchase one common share at a price of CAD 0.10 for a period of 36 months from the date of issuance. Ankündigung • Apr 12
Pambili Natural Resources Corporation announced that it expects to receive CAD 0.1 million in funding Pambili Natural Resources Corporation announced a non-brokered private placement of up to 2,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 100,000 on April 11, 2024. Each unit comprises of one common share and one warrant. Each warrant will entitle the holder thereof to acquire one common share at a price of CAD 0.10 per warrant share for a period of 12 months from the closing date. All units issued under the Offering will be subject to all necessary regulatory approvals, including acceptance from the TSX Venture Exchange and all securities issued under the Offering will be subject to a four-month hold period from the closing date of the Offering, under applicable Canadian securities laws. Certain directors or officers of the company will participate in the Offering Board Change • Oct 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO, Interim CFO & Director Jon Harris was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Sep 02
Pambili Natural Resources Corporation announced that it expects to receive $0.25 million in funding Pambili Natural Resources Corporation announced a private placement to issue convertible term loan for the gross proceeds of $250,000 on August 31, 2023. The company will issue convertible term loan in the transaction.
On the same date, the company received $150,000 in the first tranche. The company will receive the balance is expected before the end of September. The loan has a term of six months from the date of receipt of the final tranche and repayment includes a premium of $75,000. The total repayment of $325,000 will be satisfied through the issue of the company's shares at the higher of (CAD 0.05) $0.04 or the price set in the next private placement or public offering. On settlement the lender will also receive warrants issued at the same rate as those issued to any private placement participants. The loan and the settlement are both subject to approval by the TSX-V. Board Change • Aug 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO, Interim CFO & Director Jon Harris was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO, Interim CFO & Director Jon Harris was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jun 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO, Interim CFO & Director Jon Harris was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Feb 11
Pambili Natural Resources Corporation Reports on Phase I of the Reverse Circulation (RC) Drilling Program Pambili Natural Resources Corporation announced that the final report on Phase I of the reverse circulation ("RC") drilling program at the Happy Valley Mine ("HVM") in Zimbabwe has been completed. The objective of the Phase 1 RC drilling programme, as set out in Pambili's NI 43-101 TechnicalReport on HVM dated March 30, 2022 (the "Report"), was to define a 200m strike and 150m down dip resource on a drill grid of 40 x 40m, with one gap of 80m. It was envisaged that this would get depth definition on the previously worked Main and Zulu reefs. Independent geologist Gayle Hanssen BSc. (Hons.) Geology, a qualified person as defined by Canadian National Instrument 43-101, prepared the Report (available on SEDAR and Pambili's website) which will be updated with the outcome of the RC drilling program. Ms. Hanssen has reviewed and approved the technical information contained in this news release. In summary, the Phase 1 RC drilling programme was successful in identifying that: gold mineralization occurs in discrete quartz carbonate-rich veins, often of a high grade. there is mineralization encountered at depth as projected by the RSIP geophysical survey. there is potential for multiple reefs whose orientations can best be tested by a diamond drilling program Section 1-2 had the best intersection at a vertical depth of 100m while Section 9-10 had a good intersection at a vertical depth of 60m. modelling of gold grades seems to indicate that the reefs have a steep to moderate southerly dip. no structural data, as would be acquired in diamond drilling, was discerned from the RC program. Assay results gave encouraging intercepts including: HPRC-001: 1m @ 1.42 g/t Au; 7.4m @ 0.50 g/t Au including 2m @ 1.14 g/t Au; 5.04 m @ 1.89 g/t Au including 3m @ 2.98 g/t Au HPRC-002: 3m @ 0.62 g/t Au; 1m @ 2.28 g/t Au; 12.81m @0.48g/t Au including 2m @ 1.11g/t Au and 4m @ 0.70 g/t Au; 9.7m @ 2.9 g/t Au including 3m @ 5.89 g/t Au and 4m @ 2.54 g/t Au HPRC-003: 1m @ 1.46 g/t Au; 1.7m @ 0.80 g/t Au including 1m @ 1.03 g/t Au. HPRC-004: 1m @ 1.20 g/t Au.HPRC-005: 3.01m @0.64g/t including 1m @ 1.5 g/t Au; 1m @ 1.45 g/t Au.HPRC-006: 1m @ 1.95 g/t Au.HPRC-009: 1m @ 6.04 g/t Au; 1m @ 4.66 g/t Au. HPRC-010: 1m @ 1.14 g/t Au; 5m @ 1.18 g/t Au including 1m @ 5.23 g/t Au; 1m @ 1.10g/t Au. Potential mineralized zones, based on sample lithology and grid kriging, are also highlighted inthe report, and the following diagram of Section 9-10 looking west is an example of theresults of these analyses. More details will be provided in an updated NI 43-101 technicalreport. Ankündigung • Nov 22
Pambili Natural Resources Corporation Updates Drill Results from the Happy Valley Mine Pambili Natural Resources Corporation announces an update to the results previously reported from the recent drilling program at the Happy Valley Mine in Zimbabwe. The drilling program was set out in the NI 43-101 Technical Report on the Happy Valley Mine, dated March 30, 2022 and the sampling and QA/QC protocols followed are summarised in the news release dated September 28, 2022. The Report, which is available on SEDAR and the Corporation's website, was prepared by independent geologist Gayle Hanssen BSc. (Hons) Geology, a qualified person as defined by Canadian National Instrument 43-101. Ms. Hanssen has reviewed and approved the technical information contained in this news release. As stated in the News Release dated September 28, 2022, the most westerly drill line provided two ore-grade intercepts over the main reef: Hole 1: 1.25g/t over 8m; or if using a cut-off of 1g/t Au, 2.98g/t over 3m. Hole 2: 3.98g/t over a drilled width of 7m, using a cut-off of 1g/t Au. These intercepts are from the same ore zone, which is dipping 65o to the north. The second intercept is at 130m below the surface, with the intercept of Hole 1 being 40m above this. The intercepts are contiguous with the trenched gold reef outcrop and consistent with the known geophysical anomalies and characteristics associated with economic occurrences of gold deposits. The last drill line, 150m to the east has respectable intercepts on both holes, approximately 40m apart, on the section line. These grades are reported as being: Hole 9: 2.78g/t over 2m. Hole 10: 5.23g/t over 1m. Again, the ore zone dips to the south at 65o and the intercepts are at similar depths to those of Holes 1 & 2 Therefore these intercepts are considered to be in the same zone as that intercepted in the westernmost drill line. Although the intermediate drill lines did not show similar intersections, this is perhaps because they were drilled on the crest of a hill and were not drilled deep enough. A survey of the underground workings is planned with a view to being able to define continuity of an ore body between the easternmost and westernmost drill lines. Depending on the outcome of the underground survey, further drilling may to be required to properly define the ore body. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO, Interim CFO & Director Jon Harris was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Sep 29
Pambili Natural Resources Corporation Receives First Drill Results from the Happy Valley Mine Pambili Natural Resources Corporation announced that it has received the first assays of samples taken during the recent reverse circulation ("RC") drilling program at the Happy Valley Mine ("HVM") in Zimbabwe. An outline of the program was set out in the NI 43-101 Technical Report on the Happy Valley Mine, dated March 30, 2022 ("Report"). The Report, which is available on SEDAR and the Corporation's website, was prepared by independent geologist Gayle Hanssen BSc. Geology (Hons), a qualified person as defined by Canadian National Instrument 43-101, who has reviewed and approved the technical information contained in this news release. Some 1,100m of RC drilling was completed at HVM by KW Blasting Ltd., a subsidiary of Drilling Resources (Zimbabwe) Limited, with chip samples from each metre being assayed by Antech Laboratories ("Antech"), a SADCAS Accredited Testing Laboratory in Kwekwe. To conform with recognized protocols, 10% of all samples submitted to Antech were for QA/QC purposes. Certified standards (1.61g/t Au and 4.8g/t Au) were procured from African Mineral Standards in South Africa, and all samples collected at the rig were duplicated. Blank samples (material known not to contain gold) were also submitted to Antech, and every 10 samples submitted included either a certified standard, a duplicate or a blank. The most westerly drill line provided two ore-grade intercepts over the main reef: Hole 1: 1.25g/t over 8m; or if using a cut-off of 1g/t Au, 2.98g/t over 3m; Hole 2: 3.98g/t over a drilled width of 7m, using a cut-off of 1g/t Au. There are at least two lower grade parallels intercepted to the south. The assay results for the lines further east are incomplete at this stage. These results are consistent with geophysical anomalies and characteristics of economic occurrences of gold deposits. Interpretation and modelling of the ore body will be completed once the remaining assay results and geology are analyzed. Ankündigung • Sep 03
Pambili Natural Resources Corporation Announces the Completion of Its Phase 1 Resource Drilling Program At Zimbabwe's Happy Valley Mine, A Producing Gold Mine Near Bulawayo Pambili Natural Resources Corporation announced the completion of its Phase 1 resource drilling program at Zimbabwe's Happy Valley Mine, a producing gold mine near Bulawayo. The drill program at HVM, managed by KW Blasting of Harare, a division of Drilling Resources Zimbabwe (Private) Limited, has now executed all 1,180 metres of Reverse Circulation (RC) drilling-- with holes on a 40 m line spacing, and sampling/testing taken at one-metre intervals to generate 1,180 sample points and percussion chips that characterize the geology of the different rock types. This Phase 1 drilling program, which began in early August, was tasked with defining a 200m strike and 150m down-dip, NI 43-101-compliant resource on a drill grid of 40 m x 40 m. Assay results, with appropriate interpretation and context, are expected soon. Samples are being analyzed by Kwekwe-based Antech Laboratories, Zimbabwe's leading ISO/IEC 17025 accredited commercial metallurgical assay laboratory servicing the mining and exploration industries in Zimbabwe, the SADC region and beyond. Pambili has been submitting samples from every two holes drilled to minimize the turnaround time for full assay results. Information gathered during Phase 1 will form the basis for estimating a mineral resource on the drilled area and helping to determine the parameters for the second phase of drilling, which will include diamond drilling and a closer hole spacing. In December 2021, Pambili announced an earn-in agreement and an oversubscribed CAD 515,000 non- brokered private placement for Happy Valley Mine, which was subsequently approved by the TSX Venture Exchange in April 2022. As part of the earn-in agreement, CAD 200,000 has been allocated to capital expansion of the Happy Valley Mine, in addition to the drilling program recommended by the NI 43-101 technical report on the HVM. Ankündigung • Aug 30
Pambili Natural Resources Corporation Announces Executive Changes Pambili Natural Resources Corporation announced that effective July 31, 2022, it has accepted the resignation of its Interim Chief Financial Officer, Mr. N. Des Smith. The Company is currently interviewing a short list of candidates to fill the permanent role of Chief Financial Officer ("CFO") and, until that appointment has been made, Jon Harris, the CEO of the Company, will act as Interim CFO. Ankündigung • Aug 05
Pambili Natural Resources Corporation Begins Drilling at Happy Valley Mine Pambili Natural Resources Corporation announced that drilling has begun at the Happy Valley Mine ("HVM") in Zimbabwe to validate previous surface exploration work. The drilling rig, owned and operated by KW Blasting of Harare, a division of Drilling Resources Zimbabwe (Private) Limited, is now engaged in a Phase 1 resource drilling program to define a 200-metre strike and 150m down-dip, NI 43-101-compliant resource on a drill grid of 40m x 40m. The program requires about 1,180m of Reverse Circulation (RC) drilling, with holes on a 40m line spacing. Sampling and testing will be taken at one-metre intervals, generating 1,180 sample points and percussion chips that characterize the geology of the different rock types. This information will form the basis for estimating a mineral resource on the drilled area and help determine the parameters for the second phase of drilling, which will include diamond drilling and a closer hole spacing. More details of the program are available in the National Instrument (NI) 43-101 Technical Report on the Happy Valley Mine. Samples from the campaign will be analyzed by Antech Laboratories in Kwekwe. Antech is Zimbabwe's leading ISO/IEC 17025 accredited commercial metallurgical assay laboratory servicing the mining and exploration industries in Zimbabwe, the SADC region and beyond. The intention is to submit samples from every two holes drilled so as to minimize the time taken to get the full assay results. Ankündigung • May 06
Pennine Petroleum Corporation, Annual General Meeting, Jul 04, 2022 Pennine Petroleum Corporation, Annual General Meeting, Jul 04, 2022. Board Change • May 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO & Non-Executive Director Jon Harris was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 