공시 • Aug 27
Ubique Minerals Limited (CNSX:UBQ) entered into share purchase agreement to acquire an additional majority stake in Resource 500 V Limited for CAD 1.5 million. Ubique Minerals Limited (CNSX:UBQ) entered into share purchase agreement to acquire an additional majority stake in Resource 500 V Limited for CAD 1.5 million on August 27, 2024. As part of acquisition, 1,752 shares will be acquired. As consideration, Ubique will issue three tranches of unsecured convertible debentures totaling a principal amount of CAD 1.5 million. The Debentures will mature 36 months from the closing of the Proposed Acquisition., and unless previously converted at the holder's option, will automatically convert into common shares of Ubique upon maturity. The transaction is subject to satisfactory completion and delivery of all closing documentation. After completion of transaction, Ubique will own a minimum of 99.66% of the outstanding R500 shares. The transaction is expected to complete on September 20, 2024. 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. 4 experienced directors. No highly experienced directors. CEO & Director Villi Vilhjalmsson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • May 31
Ubique Minerals Limited, Annual General Meeting, Jul 22, 2024 Ubique Minerals Limited, Annual General Meeting, Jul 22, 2024. 공시 • May 24
Ubique Minerals Limited Announces Appointment of Sam Legg as Chief Financial Officer Ubique Minerals Limited announced the appointment of Sam Legg as the Company's new Chief Financial Officer. Mr. Legg holds a Bachelor of Science from the University of Toronto and is a Chartered Professional Accountant (CA) in Ontario. Mr. Legg has been a Canadian public mining exploration company CFO since 2006. Board Change • Apr 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mark Wettreich was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 03
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mark Wettreich was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mark Wettreich was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 07
Ubique Minerals Limited announced that it expects to receive CAD 0.6 million in funding Ubique Minerals Limited announced a non-brokered private placement of 2,500,000 hard-dollar units at a price of CAD 0.08 per hard-dollar unit for gross proceeds of CAD 200,000; and 5,000,000 flow-through units at a price of CAD 0.08 per flow-through unit for gross proceeds of CAD 400,000; for aggregate gross proceeds of CAD 600,000 on December 6, 2023. Each hard-dollar unit comprises one common share and one common share purchase warrant, with the warrant providing the right to buy one common share at a price of CAD 0.12 for a period of 24 months from the date of the first closing of this financing. Each flow-through unit comprises one common share with one common share purchase warrant with the warrant providing the right to buy one common share at a price of CAD 0.15 for a period of 24 months from the date of the first closing of this financing. All the warrants will be subject to an accelerated expiry if the closing share price exceeds CAD 0.18 for a period of ten consecutive trading days. The financing may be closed in one or more tranches. The company may pay finders’ fees in connection with all or part of the offering. 공시 • Oct 27
Ubique Minerals Limited Completes Daniel's Harbour Zinc Project Field Surveys and Sampling Program Ubique Minerals Limited announced that it has completed the field work portion of its overall expanded Daniel's Harbour zinc project and has dispatched soil samples to a local laboratory for analyses. Geologic compilation is underway and the geologic interpretation will be integrated with the new geochemical results on receipt, plus prior geochemical results and historic surveys. Clusters of zinc deposits, zinc float boulders and soil zinc geochemical anomalies are known throughout the length of the property. A contractor was retained to undertake geochemical surveys in areas previously un-surveyed and to link up with existing surveyed areas where anomalies are open-ended. Company geologists investigated geologic features and areas of possible interest based on historic reports. The geology is being compiled into an integrated map of the whole property highlighting the features known to be associated with the zinc deposits to locate the most favorable target areas for new zinc deposits that either occur at surface or at very shallow depths such that open pit mining would be practical. The attached map shows the excellent location of this property with a paved road right onto the property and gravel roads giving good access to the rest of the property. Board Change • Oct 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mark Wettreich was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 12
Ubique Minerals Limited Kicks Off On-Site Exploration At Expanded Daniel's Harbour Zinc Project Ubique Minerals Limited announced that It is initiating a review of its overall expanded Daniel's Harbour zinc project and property wide surveys to better understand the overall resource potential of the multiple zinc deposits indicated by the exploration to date. Ubique has now consolidated its property position in Daniel's Harbour by acquiring a 100% interest in mineral claims previously optioned from Ophir Gold Corp. Additionally, the company has staked several new Mineral Licenses, extending the contiguous property for nearly 20 kilometers along the zinc deposit strike. Observations of zinc deposits, float boulders, and soil zinc geochemical anomalies are consistent throughout the property. A specialized contractor has been enlisted to perform additional geochemical surveys, especially in areas yet to be unmapped. These efforts will merge with existing surveyed zones displaying open-ended anomalies. An integrated geological map will be developed to highlight zinc- associated features, aiding in the identification of prime targets for potential open-pit mining operations. The Daniel's Harbour properties of Ubique cover both the area of the past producing high grade zinc mine and extensions of favorable areas, mostly to the north-northeast along strike for more than ten kilometers. Exploration drilling to date has confirmed three zinc deposits and has indications of two more which require additional definition drilling to define their extents. Several more zones identified by one or more historic drill holes require relocating and further drilling to confirm. As the deposits are long, narrow and flat lying-in shape and orientation, within flat lying dolomitic sedimentary rocks they may extend across more than one blocks of claims and therefore the ability to consolidate the property position will assist in exploration execution. 공시 • Sep 07
Ubique Minerals Limited (CNSX:UBQ) entered into a Mineral Claim Purchase Agreement to acquire Certain Mineral Mining Claims located in Daniel's Harbour, Newfoundland Canada from Ophir Gold Corp. (TSXV:OPHR) for CAD 0.38 million. Ubique Minerals Limited (CNSX:UBQ) entered into a Mineral Claim Purchase Agreement to acquire Certain Mineral Mining Claims located in Daniel's Harbour, Newfoundland Canada from Ophir Gold Corp. (TSXV:OPHR) for CAD 0.38 million on September 6, 2023. In return for a 100% interest in the Claims, the Company will issue 3,800,000 ordinary shares of the Company to Ophir Gold. The Closing Date for the transaction is anticipated to occur at 10:00 a.m.Vancouver time on the second business day after the Effective Date, subject to the fulfillment of the Agreement's terms and conditions. 공시 • Aug 22
Ubique Minerals Limited announced that it expects to receive CAD 1.2 million in funding Ubique Minerals Limited announced a non-brokered private placement of up to 15,000,000 units of the company at a price of CAD 0.08 per unit for gross proceeds of up to CAD 1.2 million on August 21, 2023. Each unit will consist of one common share in the capital of the company and one common share purchase warrant, with each common share purchase warrant granting the holder the right to purchase one additional common share of the company at a price of CAD 0.15 per share for a period of 24 months from the closing date of the transaction. The transaction may be closed in tranches. Insiders of the company may participate in the transaction. The unit shares and warrants issued to purchasers shall be subject to applicable resale restrictions. Board Change • Jul 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mark Wettreich was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 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$279k 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$279k free cash flow). Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m (CA$1.8k revenue, or US$1.3k). Market cap is less than US$10m (CA$9.89m market cap, or US$7.47m). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding). 공시 • Feb 14
Ubique Minerals Limited announced that it expects to receive CAD 1.5 million in funding Ubique Minerals Limited announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.15 per unit for gross proceeds of up to CAD 1,500,000 on February 13, 2023. Each unit will consist of one common share and one common share purchase warrant to purchase one additional common share of the company at a price of CAD 0.20 per share for period of twenty-two months from the closing date. The company may close the offering in multiple tranches. Board Change • Dec 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mark Wettreich was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 15
Ubique Minerals Limited Announces Executive Changes Ubique Minerals Limited announced the sudden passing of Chairman, Mr. David Lonsdale. The company, its directors and employees all send most profound condolences to his family. The company has grown in its business model, largely with the guidance of David, so his input will be missed. Gerald Harper, a director of the company will act as chairman at the company's upcoming AGM on Dec 30, 2022. 공시 • Dec 13
Ubique Minerals Limited announced that it has received funding from GreenBank Capital Inc. Ubique Minerals Limited announced a placement of common shares and 666,666 equity warrants on December 12, 2022. The warrants are exercisable at a price of CAD 0.20 per share and are valid for 24 months. The transaction included participation from returning investor, GreenBank Capital Inc. After the transaction, GreenBank Capital Inc. holds 14,977,705 shares for 18.26% stake. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Nov 05
Ubique Minerals Limited, Annual General Meeting, Dec 30, 2022 Ubique Minerals Limited, Annual General Meeting, Dec 30, 2022. 공시 • Aug 12
Ubique Minerals Limited announced that it expects to receive CAD 3 million in funding Ubique Minerals Limited announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.15 per unit for gross proceeds of up to CAD 3,000,000 on August 11, 2022. The transaction will include participation from insiders of the company. Each unit will consist of one common share of the company and one common share purchase warrant to purchase one additional common share of the company at a price of CAD 0.20 per share for period of twenty-four months from the closing date. The company may close the offering in multiple tranches. Any securities to be issued under the transaction will be subject to a hold period of four months and a day from the closing date of the transaction in accordance with applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws. The terms of this private placement are subject to approval by the Canadian Stock Exchange. Board Change • Aug 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jul 09
Ubique Minerals Limited Announces 2021 Diamond Drilling Program Has Been Completed At the Daniel’S Harbour Property in Newfoundland Ubique Minerals Limited announced that the 2021 diamond drilling program has been completed at the Daniel’s Harbour Property in Newfoundland and some assay results announced. The diamond drilling program was started later than planned due to the late arrival of the equipment and as a result ran into colder than expected weather resulting in freezing problems. Subsequently extraordinary delays were encountered at the assay laboratory. Three holes probing for extensions of the 1386 Zone (UM47 – 49) with one hole having to be abandoned short of its target. Ten holes (UM-50 – 59) were then drilled in the Nose Zone target area where drilling extended the zone to the northeast and confirmed continuity of the zone to the southwest. The Nose Zone has now been defined over a strike length of more than 260 metres. Drilling in the 1386 Zone was stopped after encountering technical difficulties in hole UM-49 and the drill then moved to the Nose Zone where holes UM-50 to UM-54 were drilled at the east end of the open-ended Nose Zone and none located the core the zone. Holes UM-56 to UM-59 were drilled southwesterly along the Nose Zone to probe for width limits to the zone and in the case of holes UM-57 and UM-58 demonstrated that the zone was wider than previously interpreted. The plan shown below locates the collars and traces of the Nose Zone holes with holes with greater than 8 metre percent zinc being shown in red. The Nose and 1386 Zones trend parallel to the L Zone sequence of ore zones which were the largest deposits mined during the historic mining operation. The L Zone yielded 4.3 million tonnes of ore and had a strike length of approximately 2.5 kilometres. The currently drilled strike length of the Nose Zone is only 0.26 kilometres so a lot more drilling is needed to determine if it has a similar strike length to that of the L Zone. The three-dimensional impression below shows not only the relative positions of all these zinc zones but also the convenient location of the decline ramp which could be dewatered for easy access. Board Change • May 31
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 30
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jan 06
Ubique Minerals Limited Updates its Shareholders on its Ongoing Corporate Developments Ubique Minerals Limited updated its shareholders on its ongoing corporate developments. During the last twelve months the Company has further engaged in its Daniel's Harbour project and strengthened its management team along with looking beyond borders to engage in frontier markets. Drilling and further advancements at the Daniel's Harbour Flagship project: Ubique owns three mineral licenses located in the Daniel's Harbour area in Newfoundland, Canada, covering more than 6 sq. kms, in two blocks and has another four mineral licenses covering more than 10 sq. kms. under option from MinKap Resources Inc. ("KAP") (now Ophir Gold Corp.). The Ubique licenses cover at least three zones of zinc mineralization, one of which is the P Zone where Ubique completed most of its 2017 2018 and 2019 drilling programs, the highlight of which was a true width intersection of 13.6% Zinc over 12.2 metres including 17.43% Zinc over 8.6m. There are now 28 drill holes in this target area with zinc intersections with greater than 4% zinc over at least 2 metres true widths. The KAP Option licenses cover many areas of the historic mining activity and research has already identified five high priority drill target areas where historic drilling intersected zinc mineralization, including a true width interval of 5.73m of 8.96% zinc in the 1386 zone target. Two of these drill target areas have been relocated (the 1386 and Nose Zones), the historic drill holes identified and new holes drilled confirming the location and grade of mineralization in 2019. The 2021 drilling program will concentrate on these two zones, extending them and starting to define dimensions for resource estimates. The zinc mineralization intersected is a very pale coloured sphalerite, characteristic of a low-iron Mississippi-Valley-Type carbonate rock geological environment analogous to many large deposits in North America. Approximately 7,000,000 tonnes averaging 7.8% zinc have been mined from the Daniel's Harbour mine and after concentrating on site was shipped as a very high-grade concentrate from nearby deep-water port facilities to a custom zinc smelter. Soil sampling has been undertaken on the Ubique East Mineral License where sampling in 2018 identified a zinc anomaly which was expanded by more sampling in 2019 - 2020. The limits of the anomaly were not defined and the additional sampling has been undertaken in 2021 to better define the anomaly. Over 300 samples have been sent to a laboratory for analyses. Diamond drilling on the island of Newfoundland in 2021 has taxed the capacity of the industry and the Company was not able to finish its drilling in 2021 and is expected to finish the program in First Quarter 2022. Funding for the 2017, 2018 and 2020 diamond drilling programs was financially supported, in part, by grants from the Government of Newfoundland and Labrador under their Junior Exploration Assistance Program. Application has been made for a similar grant to support the 2021 diamond drilling program. The Company will, in the year 2022, focus on further enhancing the project, finish the drilling program and fulfill the obligations to Ophir Gold in accordance with the earn in/option agreement. The Company expects to disclose the results of the 2021-2 program in Second Quarter 2022. 공시 • Dec 19
Ubique Minerals Limited Announces Diamond Drilling At the Daniel's Harbour Zinc Project Commences in Mid November and Completes Nine Holes Ubique Minerals Limited announced that diamond drilling at the Daniel's Harbour Zinc Project commenced in mid November and nine holes have been completed. The contractor has demobilised for the Christmas New Year period and drilling will resume in January 2022. Core sampling of the nine holes will be completed and samples sent for analysis. Ubique owns three mineral licenses located in the Daniel's Harbour area in Newfoundland, Canada, covering more than 6 sq. kms, in two blocks and has another four mineral licenses covering more than 10 sq. kms. under option from MinKap Resources Inc. The Ubique licenses cover at least three zones of zinc mineralization, one of which is the P Zone where Ubique completed most of its 2017 and 2018 drilling programs, the highlight of which was a true width intersection of 13.6% Zinc over 12.2 metres including 17.43% Zinc over 8.6m. There are now 28 drill holes in this target area with zinc intersections with greater than 4% zinc over at least 2 metres true widths. The KAP Option licenses cover many areas of the historic mining activity and research has already identified five high priority drill target areas where historic drilling intersected zinc mineralization, including a true width interval of 5.73m of 8.96% zinc in the 1386 zone target. Two of these drill target areas have been relocated, the historic drill holes identified and new holes drilled confirming the location and grade of mineralization in 2019. The 2021 drilling program has targeted these two zones with the first three holes drilled in the 1386 Zone. The third hole had to be abandoned short of its target due to equipment malfunction. The drill was then moved to the Nose Zone and set up at the east end of the previously defined zone. Six holes have now been drilled to extend the zone further to the northeast. With the exception of the drill hole which had to be stopped short, samples have or will be cut from every hole completed and will be shipped for laboratory analysis. Sampling is determined by the presence of visible sphalerite mineralization. The zinc mineralization intersected is a very pale coloured sphalerite, characteristic of a low -iron Mississippi-Valley-Type carbonate rock geological environment analogous to many large deposits in north America. Approximately 7,000,000 tonnes averaging 7.8% zinc have been mined from the Daniel's Harbour mine and after concentrating on site was shipped as a very high-grade concentrate from nearby deep-water port facilities to a custom zinc smelter. Mineral Commodities of Newfoundland and Labrador - Zinc and Lead; Government of Newfoundland and Labrador, Geological Survey, Mineral Commodities Series Number 1, 12 pages. Funding for the 2017, 2018 and 2020 diamond drilling programs was financially supported, in part, by grants from the Government of Newfoundland and Labrador under their Junior Exploration Assistance Program. Application has been made for a similar grant to support the 2021 diamond drilling program. Board Change • Nov 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Aug 17
Ubique Minerals Limited announced that it has received CAD 1.1 million in funding from GreenBank Capital Inc. and other investors On August 16, 2021, Ubique Minerals Limited closed the transaction. The company received funding in its second tranche. The company issued hard dollar units for CAD 825,220 and CAD 274,780 in flow through units. 10,814,481 of the units were taken up by insiders, officers and directors of the company. Board Change • Jul 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Pete Wanner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jul 15
Ubique Minerals Limited Announces Daniels Harbour Zinc Project Plans for 2021 Diamond Drilling Program Ubique Minerals Limited announced that drilling will follow up on the 2019 - 2020 diamond drilling results and extend those identifiedzones of zinc mineralization. The drilling will target the Nose Zone and 1386 Zone on the KAP Option licenses. These zones are parallel to and close to the former L Zone which was the largest individual deposit mined (approx. 3 million tonnes) during the historic mine operations. A decline ramp to access the L Zone could be dewatered easily and utilized to access the Nose and 1386 Zones. Both zones are open to extension updip to the northeast and downdip to the southwest. Some 2,000 meters of drilling is planned to extend each of these zones in both directions. The zinc mineralization intersected is a very pale coloured sphalerite, characteristic of a low-iron Mississippi-Valley-Type carbonate rock, geological environment analogous to many large deposits in north America. Approximately 7,000,000 tonnes averaging 7.8% zinc have been mined from the Daniel's Harbour mine and after concentrating on site was shipped as a very high-grade concentrate from nearbydeep-water port facilities to a custom zinc smelter. 공시 • Feb 10
Ubique Minerals Reports Zinc Soil Anomaly Extended by Fall 2020 Work Program Ubique Minerals Limited has received all the results of analyses of soil samples collected on one of the eastern Mineral Licenses of Ubique's Daniel's Harbour, Newfoundland, property. They extend and better define the size of the zinc soil anomalies identified in earlier sampling in 2018 and 2019. High zinc soil values in the northeast are open to extension and a gap in the sampling in the east central area shown on the map also reveals high zinc values that need further definition. The area covered by sampling is approximately 2 x 2 kilometres and the area is 8 kilometres northeast of the area of the PE Zone diamond drilling reported by press release dated January 11th, 2021 and 12 kilometres northeast of the Ophir Gold Option diamond drilling reported by press release dated January 25th, 2021. 공시 • Jan 12
Ubique Minerals Reports High Grade Zinc Assays Fro Ubique Minerals Limited has received assay results for the first two drill holes completed on its Daniel’s Harbour zinc project, which were drilled in the PE Zone to test for eastern and southern extensions. Both were successful with the south side hole, UM-37, intersecting 10.63 metres of 4.02% zinc including shorter intervals as high as 25.40% zinc in a vertical hole starting at 58.17 metres. Notable, hole UM-36 was drilled vertically farther east than any hole drilled so far and intersected 10.50% zinc over the very last 0.30 metres of the hole depth from 85.20m. The plan shows the location of a section east-west across the area showing the significance of hole UM-36. The sediments including the stratabound zinc zone dip easterly across the section at about fifteen degrees but just west of hole UM-36 the hosting stratigraphic units thicken considerably and the zinc zone steepens its dip. 공시 • Dec 03
Ubique Minerals Limited announced that it expects to receive CAD 1.35 million in funding Ubique Minerals Limited (CNSX:UBQ) announced a private placement of up to 5,000,000 common share units at a price of CAD 0.07 per unit for gross proceeds of up to CAD 350,000, and up to 10,000,000 flow-through units at a price of CAD 0.1 per unit for gross proceeds of up to CAD 1,000,000, for aggregate gross proceeds of up to CAD 1,350,000 on December 1, 2020. Each common share unit consists of one common share and one common share purchase warrant of the company, with each whole warrant being exercisable at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. Each flow through unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant is exercisable at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. The transaction is expected to close prior to the end of the year 2020. 공시 • Oct 06
Ubique Minerals Ltd Plans Drilling At Daniel's Harbour Zinc Project Ubique Minerals Limited has contracted with a diamond drilling contractor for additional drilling of its zinc deposits at Daniel's Harbour, Newfoundland. Mobilization is anticipated to take place at mid month. Ubique owns three mineral licenses located in the Daniel's Harbour area in Newfoundland, Canada, covering more than 6 sq. kms, in two blocks and has another four mineral licenses covering more than 10 sq. kms. Under option from MinKap Resources Inc. The Ubique licenses cover three zones of zinc mineralization, namely P Zone, Cobo's Pond and Tilt Pond. The P Zone is where Ubique completed most of its 2017 and 2018 drilling programs, the highlight of which was a true width intersection of 13.6% Zinc over 12.2 metres including 17.43% Zinc over 8.6m. There are now 28 drill holes in this target area with zinc intersections with greater than 4% zinc over at least 2 metres true widths. The P Zone is still open to extension with additional drilling. The KAP Option licenses cover many areas of the historic mining activity and research has already identified five high priority drill target areas where historic drilling intersected zinc mineralization, including a true width interval of 5.73m of 8.96% zinc in the 1386 zone target. Two of these drill target areas have been relocated (the 1386 and Nose Zones), the historic drill holes identified and new holes drilled confirming the location and grade of mineralization. Ubique intends to undertake a drilling program to follow up on the 2017 - 2019 diamond drilling results and extend those identified zones in anticipation of estimating a resource. The drilling program will also target at least the three other areas with indications of zinc mineralization on the KAP Option licenses where mineralized historic holes have been relocated. Funding for both the 2017 and 2018 diamond drilling programs was financially supported, in part, by grants from the Government of Newfoundland and Labrador under their Junior Exploration Assistance Program. Application has been made for a similar grant to support the 2020 diamond drilling program. The zinc mineralization intersected is a very pale coloured sphalerite, characteristic of a low-iron Mississippi-Valley-Type carbonate rock geological environment analogous to many large deposits in north America. Approximately 7,000,000 tonnes averaging 7.8% zinc have been mined from the Daniel's Harbour mine and after concentrating on site was shipped as a very high-grade concentrate from nearby deep-water port facilities to a custom zinc smelter. 공시 • Oct 01
Ubique Minerals Limited Auditor Raises 'Going Concern' Doubt Ubique Minerals Limited filed its Annual on Sep 28, 2020 for the period ending Jul 31, 2020. In this report its auditor, Dale Matheson Carr-Hilton, gave an unqualified opinion expressing doubt that the company can continue as a going concern. 공시 • Sep 03
Ubique Minerals Limited announced that it expects to receive CAD 0.2 million in funding Ubique Minerals Limited (CNSX:UBQ) announced a non-brokered private placement of flow through common shares a minimum of CAD 150,000 and up to CAD 200,000 priced at CAD 0.06 on September 2, 2020. The company comprise up to 3,000,000 flow through common shares. The transaction will represent 6.84% of the increased share capital. The insiders of the company have indicated their interest in participating in transaction. The transaction is subject to approval by the Canadian Stock Exchange. 