Annonce • Mar 19
Rev Exploration Corp. (TSXV : REVX) completed the acquisition of Certain Oil and Gas Leasehold Interests in Montana for $0.56 million. Rev Exploration Corp. (TSXV : REVX) entered into a non-binding Letter of Intent to acquire Certain Oil and Gas Leasehold Interests in Montana for $0.55 million on January 23, 2026. A cash payment of $250,000 payable to the vendor on closing and the issuance to the vendor of common shares of the REV Exploration Corp.'s having an aggregate deemed value of $300,000 on closing.
The transaction is subject to, among other things, the execution of a definitive agreement, satisfaction of customary closing conditions, and receipt of required regulatory approvals, including acceptance by the TSX Venture Exchange.
Rev Exploration Corp. (TSXV : REVX) completed the acquisition of Certain Oil and Gas Leasehold Interests in Montana for $0.56 million on March 18, 2026. Pursuant to the purchase and sale agreement, Rev Exploration Corp. has acquired the Montana Properties for cash consideration of $0.25 million and the issuance of 551,876 common shares of REV Exploration Corp.'s at a deemed price of $0.74 per share. New Risk • Mar 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$46.5m market cap, or US$34.1m). Annonce • Feb 20
Major Gold Corporation entered into a mineral property purchase agreement to acquire REV's package of mining claims in Quebec from Rev Exploration Corp. (TSXV:REVX). Major Gold Corporation entered into a mineral property purchase agreement to acquire REV's package of mining claims in Quebec from Rev Exploration Corp. (TSXV:REVX) on February 19, 2026. The consideration consists of 12.4 million common equity of Major Gold Corporation which is expected to make REV majority shareholder of Major Gold Corporation. Major Gold Corp. is planning to commence a drill program in the Chibougamau Camp in the coming weeks and is also anticipating pursuing a listing of its common shares on the TSX Venture Exchange
Closing of the transaction is subject to customary closing conditions, including receipt of all required regulatory approvals, including approval of the TSX Venture Exchange. Annonce • Jan 16
Rev Exploration Corp. announced that it has received CAD 5.8 million in funding from 2176423 Ontario Ltd. On January 16, 2026. Rev Exploration Corp. announces that it has closed the transaction. In connection with the Private Placement and the LIFE Offering, the Company paid cash finders’ fees of CAD 63,700 and issued 159,250 finders' warrants. Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 6,666,667 common shares at CAD 0.30 pursuant to the Offerings for total consideration of CAD 2,000,000.10. Certain Insiders also participated in the LIFE Offering for CAD 105,000, which is considered to be a related party transaction subject to Multilateral Instrument 61-101. Annonce • Jan 13
Rev Exploration Corp. (TSXV:REVX) completed the acquisition of Portfolio of natural hydrogen exploration assets located in Ontario and Quebec from Naughty Ventures Corp. (CNSX:BAD). Rev Exploration Corp. (TSXV:REVX) entered into a mineral property purchase agreement to acquire Portfolio of natural hydrogen exploration assets located in Ontario and Quebec from Naughty Ventures Corp. (CNSX:BAD) for CAD 0.215 million on November 26, 2025. As part of consideration, Rev Exploration will issue 500,000 common shares in the capital of Rev Exploration to Naughty Ventures. The Shares will be subject to a statutory four month and one day hold period from the date of issuance.
The transaction is expected to complete in the coming weeks, subject to all necessary consents and approvals, including the approval of the Canadian Securities Exchange, as well as the satisfaction of customary closing conditions.
Rev Exploration Corp. (TSXV:REVX) completed the acquisition of Portfolio of natural hydrogen exploration assets located in Ontario and Quebec from Naughty Ventures Corp. (CNSX:BAD) on January 12, 2026. Annonce • Dec 31
Rev Exploration Corp. announced that it expects to receive CAD 5.5 million in funding Rev Exploration Corp. announces a non-brokered hard dollar private placement to issue 10,000,000 common shares at a price of CAD 0.30 per share for proceeds of CAD 3,000,000 and a concurrent private placement to issue 6,250,000 common shares at a price of CAD 0.40 per share for gross proceeds of CAD 2,500,000 for aggregate proceeds of CAD 5,500,000 on December 30, 2025. Mr. Eric Sprott is the lead investor in the Private Placement, subscribing for CAD 2,000,000, representing 6,666,666 common shares. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. Securities issued under the LIFE Offering will not be subject to a statutory hold period in accordance with applicable Canadian securities laws. An offering document related to the LIFE Offering will be filed under the Company’s profile on SEDAR+ and made available on the Company’s website. The Private Placement and the LIFE Offering are subject to the approval of the TSX Venture Exchange and other applicable regulatory approvals and are expected to close on or around January 21, 2026. In connection with the Private Placement and the LIFE Offering, the Company may pay finders' fees of up to 7.0% of the gross proceeds raised by the Company from the sale of units to subscribers directly introduced to the company by eligible finders. In addition, the Company may issue to eligible finders non-transferable finders' warrants of up to 7.0% of the number of units sold. New Risk • Dec 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$2.3m free cash flow). Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.83m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Dec 02
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$2.3m 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$2.3m free cash flow). Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Market cap is less than US$100m (CA$15.3m market cap, or US$10.9m). Annonce • Nov 15
Rev Exploration Corp. (TSXV:REVX) completed the acquisition of 41 Mining Claims in Northern Quebec’s Chibougamau Camp. Rev Exploration Corp. (TSXV:REVX) entered into a definitive agreement to acquire 41 Mining Claims in Northern Quebec’s Chibougamau Camp for CAD 0.075 million on October 2, 2025. The consideration consists of a cash payment of CAD 35,000 and issue of CAD 40,000 worth of common shares to the Vendor on closing. The transaction is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange, as applicable.
Rev Exploration Corp. (TSXV:REVX) completed the acquisition of 41 Mining Claims in Northern Quebec’s Chibougamau Camp on November 14, 2025. Annonce • Oct 06
Rev Exploration Corp., Annual General Meeting, Dec 01, 2025 Rev Exploration Corp., Annual General Meeting, Dec 01, 2025. Location: british columbia, vancouver Canada Annonce • Aug 16
Rev Exploration Corp. announced that it has received CAD 1.2 million in funding On August 14, 2025, Rev Exploration Corp. closed the transaction. The Company has closed its non-brokered private placement financing 1,000,000 common shares at CAD 0.20 per Common Share for total gross proceeds of CAD 200,000 and closed its concurrent private placement financing of 5,000,000 Units at CAD 0.20 per Unit for total gross proceeds of CAD 1,000,000. Each Unit of the Private Placement comprised one share and one-half of a share purchase warrant. Each Full Warrant entitles the holder thereof to acquire one additional share at a price of CAD 0.35 per non-LIFE Warrant Share for a period of 24 months from the closing date of the Private Placement. The Private Placement Shares and Warrants (and Warrant Shares, if applicable) will be subject to a statutory hold period of 4 months and one day from the date of issuance pursuant to applicable securities laws. Certain Company insiders participated in the Unit Offering. The company shall pay finders' fees to Canaccord Genuity Corp. The amount of the finders' fees paid shall be CAD 11,200 cash and 56,000 finders' warrants exercisable to acquire one common share of the company at a price of CAD 0.35 per common share, for a period of 24 months following the closing of the private placement pursuant to the terms of the placement warrant. Annonce • Aug 14
Rev Exploration Corp. (TSXV:REVX) completed the acquisition of Aden Dome on Alberta-Montana Border. Rev Exploration Corp. (TSXV:REVX) entered into an asset purchase agreement to acquire Aden Dome on Alberta-Montana Border for CAD 0.38 million on May 22, 2025. The total consideration includes CAD 0.3 million and 0.3 million REV Shares. As of July 31, 2025, REV Exploration Corp. has completed the second and final cash payment of CAD 0.2 million to an arms-length vendor under the terms of an agreement to acquire Aden Dome on Alberta-Montana Border. Upon final approval of the transaction by the TSX Venture Exchange, Rev Exploration Corp. will issue CAD 0.3 million common shares to the vendor at a deemed price of $0.27 per share. These shares will be subject to a statutory hold period of four months and one day from the date of issuance. With the closing of this transaction, Rev Exploration Corp. will hold a 100% interest in Aden Dome on Alberta-Montana Border.
The transaction is subject to TSX venture approval.
Rev Exploration Corp. (TSXV:REVX) completed the acquisition of Aden Dome on Alberta-Montana Border on August 13, 2025. Rev Exploration Corp. has received final approval from the TSX Venture Exchange. All conditions under the purchase agreement have been satisfied, including the issuance of 300,000 common shares to the vendor at a deemed price of C$0.27 per share, subject to the required hold period. Annonce • Aug 02
Rev Exploration Corp. announced that it expects to receive CAD 1.2 million in funding Rev Exploration Corp. announced a non-brokered private placement of shares of the company with strategic investors at a price of CAD 0.20 per share under a LIFE offering and a concurrent non-brokered private placement of units of the company at a price of CAD 0.20 per unit for maximum aggregate gross proceeds of up to approximately CAD 1,200,000 on August 1, 2025. Pursuant to the LIFE offering, the company will issue up to a maximum of 1,000,000 LIFE shares at a price of CAD 0.20 per LIFE share for a total of CAD 200,000. There are no warrants associated with this. In addition to the Concurrent Non-Brokered Private Placement the company will issue 5,000,000 non-LIFE units at a price of CAD 0.20 per unit for gross proceeds of CAD 1,000,000. Each non-LIFE unit will comprise one share and one-half of a share purchase warrant. Each full non-LIFE warrant will entitle the holder thereof to acquire one additional share at a price of CAD 0.35 per non-LIFE warrant share for a period of 24 months from the closing date of the concurrent placement. The securities comprising the LIFE offering will not be subject to a hold period in accordance with applicable Canadian securities laws. All securities issued in connection with the concurrent placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. In connection with the offering and the concurrent placement, the company may pay finders' fees of up to 7 per cent of the gross proceeds raised by the company from the sale of units to subscribers directly introduced to the company by eligible finders. In addition, the company will issue to eligible finders non-transferable finders' warrants of up to 7 per cent of the number of units sold. Each finder's warrant issued in connection with the offering and the concurrent placement will entitle the holder to purchase one share at an exercise price of CAD 0.35 for a period of 24 months from the date of issuance. The securities comprising the LIFE offering will not be subject to a hold period in accordance with applicable Canadian securities laws. All securities issued in connection with the concurrent placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the TSX Venture Exchange. The company may, at its discretion, elect to close the offering in one or more tranches. The aggregate of the LIFE offering and concurrent placement shall be for maximum gross proceeds of approximately CAD 1,200,000. It is anticipated that insiders of the company will participate in both the LIFE offering and the concurrent placement. In connection with the offering and the concurrent placement, the company may pay finders' fees of up to 7 per cent of the gross proceeds raised by the company from the sale of units to subscribers directly introduced to the company by eligible finders. In addition, the company will issue to eligible finders non-transferable finders' warrants of up to 7 per cent of the number of units sold. Each finder's warrant issued in connection with the offering and the concurrent placement will entitle the holder to purchase one share at an exercise price of 35 cents for a period of 24 months from the date of issuance. The warrants and the finders' warrants will be subject to an accelerated expiry clause. Under the acceleration provision, if the closing price of the company's common shares is 50 cents or higher for 10 consecutive trading days, the exercise period of the warrants, the non-life warrants and the finders' warrants will be reduced to 30 calendar days. The 30-day accelerated expiry period will begin seven calendar days after the end of the premium trading period. Any warrants, non-life warrants and finders' warrants not exercised before the end of this 30-day period will expire and be void. All other terms of the warrants will remain unchanged. New Risk • Aug 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$1.4m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (283% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.04m market cap, or US$4.38m). New Risk • Jun 02
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$1.4m 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$1.4m free cash flow). Shareholders have been substantially diluted in the past year (287% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.49m market cap, or US$6.19m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Annonce • Feb 18
Rev Exploration Corp. Appoints Jeremy Polmear to Board of Directors Rev Exploration Corp. announced that Mr. Jeremy Polmear has been appointed to the Board of Directors. Mr. Polmear stated, Im excited to join the Board and work with Jordan, Shayne and others to help make REV Exploration a huge success. This is a ground floor opportunity in my view. With over a decade of hands-on experience in accounting and financial management, Mr. Polmear brings a wealth of expertise across a range of industries, including construction, property development, technology, and junior mining. His dynamic career has seen him take on pivotal roles in driving financial strategy and operational success, consistently delivering exceptional results for both private and public companies. As the current Chief Financial Officer for F4 Uranium and controller for multiple public companies, Mr. Polmear has played an integral role in overseeing complex financial operations, helping to navigate intricate regulatory landscapes and spearheading nearly $50 million in public financings. His ability to ensure strict compliance while simultaneously enhancing shareholder value has made him a trusted leader in the financial sector. Mr. Polmear is highly skilled in financial reporting, budgeting, and forecasting, with a keen eye for improving efficiency and maximizing resources. His strategic approach has consistently driven profitability and long-term growth. Known for his problem-solving mindset, he thrives on tackling challengeswhether by implementing cost-saving measures or developing innovative financial models. Mr. Polmears calculated method, combined with his extensive knowledge and track record of success, allows him to drive long-term value and foster growth at every level of the business. Annonce • Feb 08
Rev Exploration Corp. Appoints Shayne Neigum as Chief Operating Officer REV Exploration Corp. announced that Mr. Shayne Neigum, P.Geo., Owner and President of 2SevenEnergy Services Ltd., has been appointed to the position of Chief Operating Officer as the Company pursues immediate opportunities in the natural hydrogen sector in the province of Saskatchewan. Mr. Neigum will also be the Company's Qualified Person for mineral assets held outside of Quebec where REV holds a portfolio of gold and battery metal properties. Shayne Neigum is an accomplished industry leader renowned for his ability to manage teams, drive operational excellence, and execute strategic initiatives. With a deep and multi-faceted expertise, he excels in well planning and design, geosteering, drill cuttings analysis, and core logging. He brings a meticulous and results-driven approach to every project. His extensive background in land and property evaluations across the Western Canada Sedimentary Basin (WCSB) is complemented by his proficiency in geological mapping, formation modeling, reserves analysis, regulatory compliance, and tenure management. Shaynes expertise extends across the full spectrum of the energy sector -upstream, midstream, and downstream - while also pioneering advancements in emerging critical sectors such as natural hydrogen, helium, and geothermal. With a proven ability to transform discoveries into fully operational assets, Shayne bridges technical insight with business strategy, ensuring efficiency, regulatory alignment, and long-term value creation. Annonce • Jan 24
Gitennes Exploration Inc. Announces the Resignation Mansoor Jan from the Board of Directors Gitennes Exploration Inc. announced the resignation of Mr. Mansoor Jan from the Board of Directors due to other work commitments, effective immediately. Annonce • Jan 09
Gitennes Exploration Inc. announced that it has received CAD 1.5 million in funding On January 8, 2025 Gitennes Exploration Inc. closed the transaction and issued 616,536 units at issue price of CAD 0.30 per share for proceeds of CAD 184,960.8 in its second and final tranche. In connection with the closing of the private placement, the company paid cash finders' fees totaling CAD 49,770, the company paid CAD46,305 cash fees in connection with the first tranche and CAD 3,465 cash fees in connection with the second tranche. The company has also issued a total of 149,566 finders' warrants under the same terms and conditions as the warrants issued with the units. All securities issued pursuant to the final tranche are subject to a statutory four-month-and-one-day hold period until May 8, 2025. Pursuant to the private placement, the company has issued a total of 4,999,998 units at a price of CAD 0.30 per unit for aggregate gross proceeds of CAD 1,499,999.4. Annonce • Dec 05
Gitennes Exploration Inc. announced that it expects to receive CAD 1.5 million in funding Gitennes Exploration Inc. announced that it has entered into a non-brokered private placement of up to 5,000,000 units of the company at a price of CAD 0.30 per unit for the gross proceeds of up to CAD 1,500,000 on December 4, 2024. Each unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one common share at a price of CAD 0.40 for 12 months from the date of issuance. The private placement is expected to close on or about December 20, 2024. The company may pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The private placement is subject to the approval of the TSX-V, and all securities issued under the private placement will be subject to a statutory hold period expiring four months and one day from the date of closing of the private placement. If, at any time after the date of issuance of the warrant, the closing price of the company's common shares on the TSX-V (or such other stock exchange on which the common shares may be traded from time to time) is at or above 55 cents per share for a period of 10 consecutive trading days, the company may, within five days of the triggering event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of news release, and in such case, the warrants will expire on the first day that is 30 calendar days after the date on which such notice is given by the company announcing the triggering event and all rights of holders of such warrants shall be terminated without any compensation to such holder. Annonce • Dec 01
Gitennes Exploration Inc. Approves Chief Executive Officer Changes Gitennes Exploration Inc. at its AGM held on November 28, 2024 approved resignation of Ken Booth as chief executive officer, effective immediately. Gitennes also announced that Mr. Jordan Potts has been appointed as the new interim CEO, effective immediately. Mr. Potts brings extensive experience in the public markets, having advised and served on numerous boards and consulted for many companies on the TSXV and the CSE. Over the past six years he has successfully secured substantial funding for junior exploration companies across Canada and has instrumental in the development and growth of those companies. His previous experience also includes a significant tenure in the commercial real estate sector, where he was instrumental in fundraising, managing and project development. Annonce • Oct 28
Gitennes Exploration Inc. Announces Board of Director Changes Gitennes Exploration Inc. announced that the Board of Directors has appointed Mr. Mansoor Jan Niazi as a director and Stu Ross has resigned as a member of the Board of Directors effective immediately. Mr. Jan is an Australian resident with an extensive background in the mining sector and in capital markets. Throughout his career, Mr. Jan has held key roles in various organizations, including BHP and Rio Tinto in Australia. In particular, at BHP, he managed business planning activities, capital prioritisation, mine operation, technology delivery, business development and spearheaded business improvement activities, successfully coordinating activities across Chile Australia. Mr. Jan holds a BA /MSc Economics and a Master of Commerce from University of New South Wales in Australia. Annonce • Oct 21
Gitennes Exploration Inc., Annual General Meeting, Nov 28, 2024 Gitennes Exploration Inc., Annual General Meeting, Nov 28, 2024. New Risk • Oct 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 219% 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 Negative equity (-CA$360k). Shareholders have been substantially diluted in the past year (219% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.52m market cap, or US$3.27m). Annonce • Oct 11
Gitennes Exploration Inc. announced that it has received CAD 0.6 million in funding On October 10, 2024, the company has closed the transaction. Annonce • Sep 20
Gitennes Exploration Inc. announced that it expects to receive CAD 0.6 million in funding Gitennes Exploration Inc. announced a non-brokered private placement that it will issue up to 8,300,000 common shares in the capital of the company at a price of CAD 0.05 per share for the gross proceeds of CAD 415,000; 2,000,000 flow-through common shares in the capital of the company at a price of CAD 0.05 per share for the gross proceeds of CAD 100,000 and 1,700,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 85,000 for the aggregate gross proceeds of up to CAD 600,000 on September 19, 2024. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one common share at an exercise price of CAD 0.065 for a period of 24 months from the closing of the offering. The securities issued pursuant to the LIFE exemption will not be subject to a hold period, in accordance with applicable Canadian securities laws. The offering is expected to close on or about Oct. 3, 2024, or such other date as may be determined by the company, and is subject to certain conditions, including, but not limited to, the receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. The HD shares and the FT shares will be subject to a four-month-and-one-day hold period in Canada. New Risk • May 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$72k 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$72k free cash flow). Negative equity (-CA$219k). Earnings have declined by 2.6% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$753.0k market cap, or US$547.2k). Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding). Annonce • Dec 06
Gitennes Exploration Inc. announced that it expects to receive CAD 0.555 million in funding Gitennes Exploration Inc. announced a non-brokered private placement of up to 17,000,000 non-flow-through units at a price of CAD 0.015 per unit for the gross proceeds of CAD 255,000 and up to 15,000,000 flow-through units at a price of CAD 0.02 per unit for the gross proceeds of CAD 300,000 for the aggregate gross proceeds of CAD 555,000 on December 5, 2023. Each unit consists of one non-flow-through common share and one common share purchase warrant. Each warrant shall be exercisable to acquire one common share at an exercise price per warrant share of CAD 0.05 for a period of 24 months following the closing date. Each FT unit consists of one flow-through common share and one-half common share purchase warrant. Each whole FT warrant shall be exercisable to acquire one common share at an exercise price per FT warrant of CAD 0.05 for a period of 24 months following the closing date. Finders' fees may be paid on the financing. All securities issued pursuant to the placement are subject to a four-month-and-one-day hold period in Canada. The placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and any applicable securities regulatory authorities. Annonce • Oct 28
Gitennes Exploration Inc., Annual General Meeting, Dec 12, 2023 Gitennes Exploration Inc., Annual General Meeting, Dec 12, 2023. Annonce • Oct 18
Gitennes Exploration Inc. (TSXV:GIT) completed the acquisition of 8 Claims in Sept Iles nickel property. Gitennes Exploration Inc. (TSXV:GIT) agreed to acquire 8 Claims in Sept Iles nickel property on October 16, 2023. As consideration for acquiring a 100% interest in the eight, the Company will issue as consideration to the Seller: (i) 1,500,000 units. Each Unit is comprised of one common share in the capital of Gitennes and one non-transferable share purchase warrant. Each Warrant entitles the Seller to acquire one additional common share in the capital of Gitennes at an exercise price of CAD 0.15 for a period of sixty (60) months; and (ii) Gitennes has granted to the Seller an aggregate 2% net smelter return royalty on the eight claims with Gitennes being granted a buyback of 1% of the NSR at any time for CAD 1 million. The acquisition of the eight claims is subject to TSX Venture approval in accordance with the applicable TSXV policies.
Gitennes Exploration Inc. (TSXV:GIT) completed the acquisition of 8 Claims in Sept Iles nickel property on October 17, 2023. New Risk • Jul 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor 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 Less than 1 year of cash runway based on free cash flow trend (-CA$370k free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-CA$56k). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.93m market cap, or US$1.45m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Annonce • May 25
Gitennes Exploration Inc. (TSXV:GIT) entered into a purchase agreement to acquire 100% interest in Nickel and Rare Earth Element properties located in the Sept Iles area of Quebec for CAD 0.2 million. Gitennes Exploration Inc. (TSXV:GIT) entered into a purchase agreement to acquire 100% interest in Nickel and Rare Earth Element properties located in the Sept Iles area of Quebec for CAD 0.2 million on May 23, 2023. As consideration for acquiring a 100% interest in the Properties, the Company has issued as consideration to the Sellers an aggregate of 8 million units. Each Unit is comprised of one common share in the capital of Gitennes and one nontransferable share purchase warrant. Each Warrant entitles the Sellers to acquire one additional common share in the capital of Gitennes at an exercise price of CAD 0.15 for a period of thirty-six months and Gitennes has granted to the Sellers an aggregate 2% net smelter return royalty ) with Gitennes being granted a buyback of 1% of the NSR at any time for CAD 1 million. The acquisition of the Properties is subject to TSX Venture Exchange approval and the Units will be subject to a statutory four month and one day hold period under applicable securities laws from the Closing Date. Annonce • Feb 10
Gitennes Exploration Inc. Provides Updates on Its JMW and Maxwell Properties, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. provided an update on its JMW and Maxwell properties, Chapais-Chibougamau Area, Quebec. The two properties were optioned to Newfoundland Discovery Corp. in late 2022 and Newfoundland Discovery completed a five-hole diamond drill programme on JMW and a 1,000-line kilometre airborne magnetometer ("MAG") geophysical survey on Maxwell. Gitennes and Newfoundland Discovery have now received all of the MAG data and will begin processing the data to determine the next phase of work on Maxwell. Diamond drill core from all five holes from the JMW drilling has been sampled and the samples have been received by the assay lab. Results from the assaying are expected in late February or early March. Gitennes also announces that its stock option plan, presented at the Company's latest annual meeting, was approved by its shareholders. The Company is granting 200,000 incentive stock options to consultants. Each option is exercisable at $0.05 per share and has a term of two years. This grant of options remains subject to acceptance by the TSX Venture Exchange. Annonce • Dec 24
Gitennes Exploration Inc. Announces Gitennes' JMW Gold Property Diamond Drilling Completed, Chapais-Chibougamau area, Quebec Gitennes Exploration Inc. announced that the previously announced diamond drilling programme has been completed on its 100% owned JMW gold property in the Chapais-Chibougamau area of Quebec. The JMW property was recently optioned to Newfoundland Discovery Corp. and Gitennes is the operator. The diamond drilling programme totalled 954 metres in five holes and targeted InducedPolarization ("IP") geophysical anomalies in several different areas and sedimentary and intrusiverocks on the property. Three distinct styles of mineralization/targets have been identified on JMW and thirteen zones of interest from the IP survey are highlighted by chargeability anomalies. Strong anomalies occur in the sedimentary rocks and these rocks are known to host gold deposits and occurrences in the Chapais-Chibougamau area. Gitennes will provide detailed information from the programme following compilation of the data. Geology, Exploration Target Areas and Induced Polarization Chargeability Anomalies. White lines were surveyed by IP, Magnetometer and VLF=EM. Red Lines were surveyed by magnetometer and VLF-EM only. Annonce • Dec 22
Gitennes Exploration Inc. Maxwell Gold Property Geophysical Survey Completed, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. announced that the previously announced 1,000 line kilometre airborneTriaxial Gradient Magnetometer ("MAG") survey has been completed on its 100% owned Maxwell gold property ("Maxwell") in the Chapais-Chibougamau area of Quebec. The MAG survey was successful in covering the entire 9,400-hectare property. Results from the MAG survey are being compiled and upon final interpretation will be released. Maxwell is situated between two of Iamgold Corporation's properties with the Monster Lake high grade gold property six km to the east. Maxwell has several occurrences of gold in both the fine and heavy fraction of glacial tills and the gold in tills is associated with mapped structures. The structures are northeast trending, similar to Iamgold's Nelligan property. Maxwell has seen very little exploration and several EM geophysical anomalies remain untested. Gitennes has optioned Maxwell and its JMW property to Newfoundland Discovery Corp. and Newfoundland Discovery can initially earn a 70% interest in each property with the right to earn an additional 15% interest. Newfoundland Discovery is planning to spend approximately $800,000 between the two properties with diamond drilling at JMW anticipated to commence shortly. Annonce • Dec 06
Gitennes' JMW Gold Property Diamond Drilling Commences, Chapais- Chibougamau area, Quebec Gitennes Exploration Inc. announced that diamond drilling has commenced on its 100% owned JMW gold property in the Chapais-Chibougamau area of Quebec. The JMW property was recently optioned to Newfoundland Discovery Corp. and Gitennes is the operator. The diamond drilling programme is planned for approximately 1,200 metres in six holes and will follow up on results of Gitennes' Induced Polarization (IP) geophysical survey and historical work. Three distinct styles of mineralization/targets have been identified on JMW and thirteen zones of interest from the IP survey are highlighted by chargeability anomalies. Strong anomalies occur in the sedimentary rocks and these rocks are known to host gold deposits and occurrences in the Chapais-Chibougamau area. The planned drilling programme will target both sedimentary and intrusive rocks. Annonce • Nov 30
Gitennes' Maxwell Gold Property Geophysical Survey Commences and JMW Property Diamond Drilling to Begin, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. announced that a 1,000 line kilometre airborneTriaxial Gradient Magnetometer ("MAG") survey has commenced on its 100% owned Maxwell gold property (Maxwell) in the Chapais-Chibougamau area of Quebec. The MAG survey will cover the entire 9,400-hectare property. Maxwell is situated between two of Iamgold Corporation's properties with the Monster Lake high grade gold property six km to the east. Maxwell has several occurrences of gold in both the fine and heavy fraction of glacial tills and the gold in tills is associated with mapped structures. The structures are northeast trending, similar to Iamgold's Nelligan property. Maxwell has seen very little exploration and several EM geophysical anomalies remain untested. Gitennes has optioned Maxwell and its JMW property to Newfoundland Discovery Corp. and Newfoundland Discovery can initially earn a 70% interest in each property with the right to earn an additional 15% interest. Newfoundland Discovery is planning to spend approximately $800,000 between the two properties with diamond drilling at JMW anticipated to commence shortly. 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. 1 experienced director. 3 highly experienced directors. Independent Director Jesse Grady was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Jul 15
Gitennes Exploration Inc., Annual General Meeting, Sep 12, 2022 Gitennes Exploration Inc., Annual General Meeting, Sep 12, 2022. Annonce • May 31
Gitennes Receives Analyses for Recent Drill Program, New Mosher Gold Property, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. announced that analyses have been received on a recent drill program consisting of seven holes totaling 1,002 metres with six of the holes being drilled at the New Mosher Showing on its New Mosher gold property, Chapais-Chibougamau area of Quebec. Anomalous gold values were intersected in broad zones of silica, chlorite and sericite alteration. Traces of arsenopyrite were also noted. Hole NM-22-01 indicates the New Mosher gold zone is still open to the east. From 21.5 m to 37.9 m, 0.33 g/t Au over 16.4m was detected in a zone of strong alteration. This section included 0.51 g/t Au over 7.8 m and 1.47 g/t over 1.05 m (true width is approximately 70% of the intersection). Hole NM-22-04 was collared approximately 50 m from the New Mosher Showing and coarse visible gold was observed 19 m downhole and is located at the contact of a quartz vein within mafic volcanics. The visible gold section was not sent to the lab so as not to skew analyses; however, the sample will be submitted for metallic sieve analysis in order to determine the size fraction where the gold resides. It is significant that the visible gold was intersected close to the lake. It has been noted on regional maps that the lake covers a large northwest trending fault zone that may be the source of the gold mineralization on the New Mosher Property. A parallel fault runs through the Joe Mann Mine area about 4.5 km to the southwest. Future work will focus on this part of the Property which historically has not been tested. Board Change • Apr 27
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. 1 experienced director. 3 highly experienced directors. Independent Director Jesse Grady was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 24
Gitennes Recent Drilling Contains Visible Gold in Highly Silicified Zone, New Mosher Gold Property, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. announced that visible gold was observed in a highly silicified and sheared zone in Hole NM-22-04. As previously announced, the Company recently completed seven holes totaling 1,002 metres with six of the holes being drilled at the New Mosher Showing on its New Mosher gold property, Chapais-Chibougamau area of Quebec. Hole NM-22-04 was collared approximately 50 metres from the New Mosher Showing and the visible gold was observed 19 metres downhole and is located at the contact of a quartz vein within mafic volcanics. The highly silicified intersections that contained the visible gold are up to 23 metres in width and contain up to four percent pyrite and 0.5% pyrrhotite as fine disseminations or concentrated in schistosity and fracture planes. These zones are also sheared and contain up to 60% to 80% quartz with some displaying chlorite and sericite alteration. Drill core samples have been sent for analysis with assays expected late March or early April. Annonce • Feb 11
Gitennes Exploration Inc. Samples up to 75.7 g/t Gold and identifies visible gold on its VG Boulder Property, Gaspe Region of Quebec Gitennes Exploration Inc. announced that sampling on its 100% owned VG Boulder Property during a reconnaissance programme in late 2021 returned values up 75.7 g/t gold. Anomalous analyses were obtained from 10 of 13 samples with values ranging from 0.186 to 75.7 g/t gold, including 8.54, 3.83 and 1.55 g/t gold. The samples were taken from angular rubble in a creek bed over a length of 165 metres and the high-grade samples appear to be sub-crop or close to being in-situ. In addition, three samples taken from an outcrop about 3.6 km northeast of the high-grade sample analyzed 1.54, 0.952 and 0.387 g/t gold. The VG Boulder property has seen little past work and the showings are undrilled. The company plans to return to VG Boulder as soon as weather permits in the spring for a mapping and prospecting campaign. Property Highlights: The company finds visible gold in boulders in two locations on the Property; Analyses as high as 75.7 g/t gold; Historical gold showing located (22.4 g/t) and antimony (15.4%) in outcrop 3.6 km northeast of Boulder Showing, new showing in outcrop identified; Geology is comparable to that of Gander, Newfoundland where significant gold mineralization has been identified; 5,787 hectare property covers favourable geology and key regional structures. Annonce • Dec 17
Gitennes Exploration Inc. announced that it expects to receive CAD 0.39 million in funding Gitennes Exploration Inc. announced a non-brokered private placement of 3,000,000 non-flow through units at a price of CAD 0.05 per unit for proceeds OF CAD 150,000 and 4,000,000 flow-through shares at a price of CAD 0.06 for proceeds of CAD 240,000 for total gross proceeds of CAD 390,000 on December 16, 2021. Each unit consists of one non-flow-through common share and one common share purchase warrant. Each warrant shall be exercisable to acquire one common share at an exercise price per warrant Share of CAD 0.10 for a period of 24 months following the closing date. Finder’s fees of 8% cash and 8% warrants may be paid on the financing. All securities issued pursuant to the placement are subject to a four month and one day hold period in Canada. The placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and any applicable securities regulatory authorities. Annonce • Aug 19
Gitennes Drill Programme Intersects Gold Mineralization over Significant Widths at New Mosher Property, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. announced that its first phase of diamond drilling on its New Mosher Gold Property has returned encouraging results with anomalous gold mineralization over significant widths. Highlights of Diamond Drilling Programme: Gold intersected over significant widths; 22 metres in hole NM 21-02 grading 0.25 g/t gold; 9.0 metres in hole NM 21-11 grading 0.71 g/t gold; 5.0 metres in hole NM 21-08 grading 0.68 g/t gold. Gold intersections are shallow; 10 of 19 holes intersected anomalous gold mineralization, All three areas tested intersected gold mineralization; Broad zones of gold mineralization correlate well with previously identified IP anomalies; Associated with intense alteration with quartz-carbonate veining, pyrite, pyrrhotite, chalcopyrite and arsenopyrite. The first phase drill programme was a success. The Company tested three zones with 3,044 metres of drilling and detected gold mineralization in all three areas. Wide, altered zones mineralized with sulphides and quartz veining intersected in the drilling combined with gold mineralization over significant widths in shallow holes and associated with IP chargeability anomalies, the gold potential of the Property remains very good. Gitennes drill results are encouraging and following a full analysis of the results combined with a comparison to historical drilling and geophysical surveys completed on the Property by Gitennes in 2021 the Company will look to conduct a second phase of diamond drilling. Annonce • Aug 06
Gitennes Exploration Inc. (TSXV:GIT) agreed to acquire VG Boulder, Serpenphior and Puma properties in Gaspe Region for CAD 0.02 million. Gitennes Exploration Inc. (TSXV:GIT) agreed to acquire VG Boulder, Serpenphior and Puma properties in Gaspe Region for CAD 0.02 million on August 4, 2021. Gitennes Exploration Inc., will issue to the vendor of the three properties 0.25 million common shares with the issuance of the shares subject to TSX Venture approval. Annonce • Jun 24
Gitennes Exploration Inc. announced that it has received CAD 0.770754 million in funding On June 23, 2021, Gitennes Exploration Inc closed the transaction. The company paid finders fees to Leede Jones Gable Inc. for CAD 3,710 cash and 35,000 warrants, Echelon Wealth Partners Inc. for CAD 4,389 cash and 44,100 warrants, Roche Securities Ltd. for CAD 18,000 in cash and 163,636 warrants, Raymond James Ltd. for CAD 7,560 cash and 84,000 warrants and EMD Financial Inc. for CAD 12,390.98 cash and 113,918 warrants, an aggregate of CAD 46,049 in cash and issued 440,654 non-transferrable finder's warrants. Each finder’s warrant entitles the holder thereof to purchase one common share in the capital at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. All securities issued are subject to a four month and one day hold period in Canada. The transaction is subject to certain conditions including necessary approval of the TSX Venture Exchange and regulatory authorities. Annonce • May 12
Gitennes Exploration Inc. Update on Diamond Drilling and Discovery of New Showing At New Mosher Gold Property, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. provides an update on the first phase of diamond drilling on its New Mosher Gold Property and the discovery of a new, mineralized showing. The Company has completed ten holes for approximately 1,700 metres. Through prospecting, the Company has discovered a new zone of mineralization on the Property that coincides with a strong IP chargeability anomaly in the northeastern portion of the Property. The new showing may be related to a large, angular boulder that was discovered on the property in 1958 that was reported to contain visible gold. The first phase of drilling is planned for a minimum of 2,500 metres and is targeting areas of Induced Polarization, high chargeability anomalies that are associated with historic gold values in diamond drilling and will now include drill holes to test mineralization of the new showing . All holes in both areas successfully intersected altered and mineralized zones with quartz-carbonate veining. Five holes have been drilled on the New Mosher gold zone and along Anomaly A; Holes showed extensive quartz-carbonate veining, locally sericitic, and several metres wide in a deformation corridor Sulphide mineralization includes pyrite, pyrrhotite with local chalcopyrite and arsenopyrite. Five holes drilled along Anomaly B which has been associated with historical gold intersections in diamond drill holes; Holes have intersected quartz-carbonate veining mineralized with pyrite, pyrrhotite and traces of arsenopyrite. XRF Analyzer detected arsenic and gold in the mineralized section. Deeper holes have intersected a second zone of pyrrhotite mineralization with minor pyrite and chalcopyrite; Garnet enrichment in the mafic volcanics has been observed near mineralization of the second zone. Holes intersected several generations of quartz-feldspar porphyry dikes, some altered and mineralized. Annonce • May 05
Gitennes Exploration Inc. Announces That Diamond Drilling Programme At Its Snowbird High Grade Gold Project Located Near Fort St. James Gitennes Exploration Inc. announced that a diamond drilling programme at its Snowbird High Grade Gold Project located near Fort St. James, British Columbia being operated by Plutus Gold Corp. has been completed. This is the first phase of diamond drilling by Plutus under an option Plutus signed with Gitennes in February, 2021. Plutus drilled 2,217 metres in nine holes and followed up on positive drill results from Gitennes' three diamond drill programmes that totaled approximately 5,000 metres. Under the agreement with Gitennes, Plutus must expend $500,000 on Snowbird by June 30, 2021 or the agreement with Plutus will terminate. Plutus is a private exploration company and is seeking a listing of its shares on a Canadian stock exchange. Under the Agreement, Plutus must be listed on a recognized stock exchange by April 16, 2021 or Gitennes will receive an additional 10% in shares and if Plutus is not listed on a recognized stock exchange by the first anniversary of the Agreement Gitennes will receive Plutus shares at $0.10 per share equal to 22 million common shares. Snowbird Project Highlights: Orogenic, high grade, gold project; Displays similar characteristics to Motherlode District, California & Bralorne Mine, BC; Snowbird has: Grade; Structure, Alteration, Depth; Target is 25 to 150 metre wide alteration zone, approximately 4.8 km long; Gitennes has drilled 30 holes totaling approximately 4,820 metres; Gitennes drilling consistently confirmed the presence of high grade gold; Intersected its grades along a mudstone-ultramafic contact; 85% of all anomalous gold values occur along the mudstone-ultramafic contact; Deepest hole on project drilled by Gitennes 400 metres (300 metre vertical depth); Future drilling will require deep holes as Gitennes deepest hole did not cross the key contact. Annonce • Mar 11
Gitennes Exploration Inc. Announces Evaluation of Induced Polarization Survey Shows Chargeability Anomalies Associated with Historic Gold Values on New Mosher Gold Property Gitennes Exploration Inc. announced that the Induced Polarization geophysical survey on its New Mosher gold property in the Chapais-Chibougamau area of Quebec has been initially reviewed by Gitennes personnel and has returned positive results. New Mosher is located three kilometres from the past producing Joe Mann Mine which produced approximately 1.2 million ounces of gold at an average grade of 8.3 g/t gold plus silver and copper. Preliminary evaluation of the IP survey has identified at least two prominent chargeability anomalies that are associated with surface grab samples and historic diamond drill hole intersections with significant gold values. In addition, two previously identified, northeast trending, fault zones have been verified by the IP survey. Continuing evaluation of the IP survey data will continue to produce additional, high chargeability anomalies. Anomaly A has been traced for approximately 1.5 kilometres and is identified by multiple >30 MSec. chargeability highs. Limited surface sampling in 2018 from grab samples by Gitennes' partner returned gold values of: 5.66 g/t, 2.73 g/t, 0.34 g/t and 0.31 g/t. Diamond drilling by Noranda in 1987 intersected gabbro with quartz veining and sulphides and returned gold values in one hole of: 3.3 g/t over 0.75m including 8.1 g/t over 0.25m at 32.7m down-hole depth and 1.87 g/t over 5.1m including 4.0 g/t gold over 0.4m at 65.3m down-hole depth. Anomaly B has been traced for approximately 1.8 kilometres and is identified by chargeability values in excess of 100 MSec with an associated resistivity low. Five historic shallow drill holes have intersected this anomaly in diamond drilling by New Jersey Zinc in 1955. Gold values were intersected in four of the five widely spaced holes and consisted of: 3.40 g/t over 0.7m at a down-hole depth of 65.2m, 1.28 g/t over 3.0m at a down-hole depth of 57.9m, 0.87 g/t over 0.3m at a down-hole depth of 41.7m and 0.29 g/t over 0.9m at a down-hole depth of 37.7m. Mineralized zones encountered in the historic drilling seem to be associated with feldspar porphyry dikes intruded into volcanic rocks of andesitic composition. Both units are mineralized with varying degrees of sulphide including pyrrhotite, pyrite and chalcopyrite mineralization up to about 25%. Minor seams of massive sulphide and magnetite are also recorded in the drill core logs. It is important to note that only a small percentage of the length and width of Anomaly B has been tested by diamond drilling and surface sampling has also been sparse. The area has been recently cleared for logging and should reveal better exposure for surface sampling. Two other areas of interest have been identified. On the northwest shore of Petit Lac Norhart, three holes were drilled in 1951. All of the holes intersected greater than two metre wide quartz veins in volcanic rocks with the best intersection described as 14.6m of sheared quartz containing pyrite and chalcopyrite. Analyses were sparse in these holes but one interval returned a gold value of 0.62 g/t over 1.52m. Annonce • Mar 07
Gitennes Completes Induced Polarization, Magnetic Surveys and Diamond Drill Permit Received on the New Mosher Gold Property, Chapais-Chibougamau Area, Quebec Gitennes Exploration Inc. announced that the Induced Polarization ("IP") geophysical survey on its New Mosher gold property (the "Property") in the Chapais-Chibougamau area of Quebec has been completed along with a magnetometer ("MAG") survey. The IP survey along with an historical IP survey now covers the entire Property. Evaluation of the geophysical surveys is ongoing and results will be released as soon as the data is compiled. The Company also announces that the Property has been permitted for diamond drilling. New Mosher is located three kilometres from the past producing Joe Mann mine which produced approximately 1.5 million ounces of gold at an average grade of 8.3 g/t gold. In addition, Gitennes has commenced the previously announced IP survey on its 100% own JMW property. The survey will cover the three distinct types of mineralization that the Company has identified from the recent review of work by previous operators. Past IP surveys and drilling on the property focussed on a narrow, 1.5 kilometre strip in the vicinity of the Guercheville Fault Zone. Past surveys covered less than 50% of the existing property. The new IP survey will verify data from the previous survey as well as add data on previously uncovered parts of the property. Based on Gitennes' extensive review of previous work on JMW including geology, geophysical surveys and drilling three models are being used for this and future exploration programmes. The Company also announces that further to its press release of January 29, 2021 it has received TSX Venture Exchange approval to settle $132,500 of accrued liabilities to senior managers in respect of management fees (the "Debt Settlements") by issuing 1,325,000 common shares at a price of C$0.10 per common share. The common shares issued pursuant to the Debt Settlements will be subject to a four month and one day statutory hold period from the date of issuance. Gitennes is bolstering its investor relations capabilities by engaging MI3 Communication Financieres Inc. ("MI3") to assist the Company in its marketing efforts. MI3 is a well-established Quebec based investor relations firm with extensive experience in marketing public companies with a focus on the mineral exploration sector. MI3 will receive CAD 5,000 per month and 100,000 options to purchase Gitennes common shares at a price of CAD 0.115 per share. Annonce • Jan 22
Gitennes Exploration Inc. Announces to Conduct an Induced Polarization Survey on Its 100% Owned JMW Gold Property Located in the Chapais-Chibougamau Area of Quebec Gitennes Exploration Inc. announced that it will conduct an Induced Polarization (IP) survey on its 100% owned JMW gold property located in the Chapais-Chibougamau area of Quebec. The IP survey will cover the three distinct types of mineralization that the Company has identified from the recent review of work by previous operators. Past IP surveys and drilling on the property focussed on a narrow, 1.5 kilometre strip in the vicinity of the Guercheville fault zone. This covers less than 50% of the existing property. The new IP survey will verify data from the previous survey as well as add data on previously uncovered parts of the property. Gitennes has completed an extensive review of previous work on JMW including geology, geophysical surveys and drilling. Based on the review three models are being used to plan this and future exploration programmes on JMW: Target 1: Drilling in the 1980's was relatively shallow and gold intersections have demonstrated good widths 9-12 metres with grades from 0.5 to 0.8 g/t gold. This could indicate that drilling intersected the peripheral margin of more significant grades, possibly at depth; Target 2: More recently, work by other operators has focussed on areas north of the 1980's drilling. Grab samples included; 5.02, 4.83, and 4.08 g/t gold in intrusive rocks with quartz veining and disseminated pyrite as well as altered porphyritic rocks with quartz veining and pyrite mineralization; Target 3: Exploration on strike with the JMW property by other companies has indicated that gold may also be associated with sedimentary rocks to the south of the Guercheville Deformation Zone. The JMW property has a thick sequence of these rocks that have seen little exploration in the past. JMW is located along the Guercheville Deformation Zone which is host to the past producing Joe Mann mine and several high grade prospects. The JMW property has proven gold mineralization in drill holes associated with a major deformation zone. The Joe Mann mine produced approximately 1.5 million ounces of gold at an average grade of 8.3 g/t gold. In addition, the Fenton-Sud Prospect which has a historically reported 426,173 tonnes at a grade of 4.66 g/t gold(1) is located about 12 km northwest of the JMW property on the same trend. Annonce • Dec 26
Gitennes Exploration Inc. announced that it has received CAD 0.3175 million in funding On December 24, 2020, Gitennes Exploration Inc. (TSXV:GIT) closed the transaction. The company has issued 3,175,000 flow-through units for gross proceeds of CAD 317,500. The company has paid aggregate finder's fees consisting of CAD 23,200 in cash and issued 232,000 non-transferrable finder's warrants. Each finders warrant entitles the holder thereof to purchase one common share at prices ranging from CAD 0.10 to CAD 0.15 per share for a period of 12 to 24 months from the date of issuance. GloRes Securities Inc. received finders fees of CAD 10,800 in cash and 108,000 finders warrants, Echelon Wealth Partners Inc. received finders fees of CAD 800 in cash and 8,000 finders warrants, Roche Securities Ltd. received finder's fees of CAD 8,000 in cash and 80,000 finders warrants, and EMD Financial Inc. received finder's fees of CAD 3,600 in cash and 36,000 finders warrants. Annonce • Dec 23
Gitennes Exploration Inc. announced that it expects to receive CAD 0.325 million in funding Gitennes Exploration Inc. (TSXV:GIT) announced a non-brokered private placement of up to 3,250,000 flow-through units at a price of CAD 0.10 per flow-through unit for aggregate gross proceeds of up to CAD 325,000 on December 22, 2020. Each flow-through unit consists of one flow-through common share and one half of one non-flow-through common share purchase warrant, with each whole warrant entitling the holder thereof to acquire one additional non-flow-through common share in the capital of the Company at a price of CAD 0.15 per share for a period of twenty four months. The transaction is expected to close on or before December 23, 2020 subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance for filing of the Offering by the TSX Venture Exchange and any applicable securities regulatory authorities. The Company may pay finder’s fees to arm’s length parties that have introduced the Company to subscribers participating in the Offering. All securities issued in connection with the Offering will be subject to a four-month and one day hold period in Canada. Annonce • Nov 20
Gitennes Update on Exploration on Its RAL and New Mosher Gold Properties, Chibougamau Area, Quebec Gitennes Exploration Inc. provides an update on exploration programmes on its Rivière-à- l'Aigle ("RAL") and New Mosher gold properties in the Chibougamau area of Quebec. Gitennes has had two separate crews conducting the first phase of exploration on both the RAL and New Mosher properties. The programmes are being conducted by experienced technical teams from Kintavar Exploration Inc. which is the operator of both properties. Gitennes is earning up to an 85% interest in both properties from Kintavar. New Mosher: New Mosher consists of 12 claims totaling approximately 670 hectares and is located approximately four kilometres northeast of the past producing Joe Mann mine. Joe Mann produced approximately 1.5 million ounces of gold at an average grade of 8.3 g/t gold(1). Gold mineralization on the Property is associated with quartz veins within sheared mafic
volcanics and there are at least two "structural corridors" evident on the Property. The New Mosher showing, along the western corridor has a historically reported grade from a trench sample of 15 g/t gold and a historically reported surface sample returned 20 g/t gold. In addition, drilling in the 1980's intersected 1.91 g/t gold over 4.9 metres. Annonce • Sep 22
Gitennes Exploration Inc. announced that it has received CAD 0.3 million in funding from Palisades Goldcorp Ltd. Gitennes Exploration Inc. (TSXV:GIT) announced a private placement of 2,500,000 units at issue price of CAD 0.12 per unit for gross proceeds of CAD 300,000 on September 15, 2020. Each unit consists of one common share and one non-transferable common share warrant. The transaction was led by Palisades Goldcorp Ltd. The transaction included participation from 4 placees. Each unit entitles the holder to purchase one common share at an exercise price of CAD 0.18 per share for a period of 36 months from the closing of the transaction. All the securities issued in the transaction are subject to a four month and one day hold period. The transaction is subject to certain conditions including the receipt of all necessary approvals including the approval of the TSX Venture Exchange. Annonce • Aug 11
Gitennes Exploration Inc. announced that it has received CAD 1.3956 million in funding On August 10, 2020, Gitennes Exploration Inc. (TSXV:GIT) raised the final tranche and closed the transaction. The company has issued 3,300,000 units for a gross proceeds of CAD 668,690 and 3,679,000 flow-through units for a proceeds of CAD 404,690. The company paid a total finder's fee of CAD 79,808 in cash and issued 851,800 non-transferrable finder's warrants. Each finder warrant will be convertible into one common share of the company at a price range of CAD 0.08 to CAD 0.11 per share for a period of 24 months. Raymond James Ltd. received finder's fees consisting of CAD 12,152 cash and 143,200 finder's warrants, Echelon Wealth Partners received finder's fees consisting of CAD 30,640 cash and 350,280 finder's warrants, Leede Jones Gable Inc. received finder's fees consisting of CAD 10,240 cash and 104,000 finder's warrants, Mackie Research Capital Corporation received finder's fees consisting of CAD 640 and 8,000 finder's warrants and EMD Financial Inc. received finder's fees consisting of CAD 26,135.20 and 246,320 finder's warrants.