Aankondiging • May 02
Abasca Resources Inc. announced that it has received CAD 2.5 million in funding On May 1, 2026, Abasca Resources Inc. closed the transaction. Insiders of the Company, including certain directors and officers, participated in the Offering, including Brian McEwan, who subscribed for 60,000 FT Shares, and John Shmyr, subscribed for 20,000 FT Shares. In addition, 9169601 Canada Inc. ("9169601"), a corporation 100% of the common shares (including joint ownership) and 100% of the preferred shares are held by Dawn Zhou, subscribed for 3,810,000 FT Shares. Canada DBD Management Inc. ("Canada DBD"), a corporation the shares of which are solely owned by Zhou, subscribed for 3,800,000 FT Shares. All Common Shares issued and sold under the Private Placement are subject to a hold period expiring on August 31, 2026 Aankondiging • Apr 15
Abasca Resources Inc. announced that it expects to receive CAD 2.5 million in funding Abasca Resources Inc. announced a non-brokered private placement to issue 9,000,000 flow-through shares at an issue price of CAD 0.25 per FT share for gross proceeds of CAD 2,250,000 and 1,250,000 non-flow shares at a issue price of CAD 0.20 for gross proceeds of CAD 250,000 for total aggregate gross proceeds of CAD 2,500,000 on April 14, 2026. In connection with the private placement, the company may pay cash finder’s fees equal up to 6% of the gross proceeds raised from investors introduced to the company by finders. All securities issued and sold under the Private Placement will be subject to a hold period expiring four months and one day from the date of closing of the private placement. Closing of the private placement is subject to the Company’s receipt of TSX Venture Exchange approval. Insiders of the Company, including directors and officers, may participate in the private placement. New Risk • Mar 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 6.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.2m market cap, or US$9.62m). Aankondiging • Mar 17
Abasca Resources Inc. announced that it has received CAD 3 million in funding from 9169601 Canada Inc., 101159623 Saskatchewan Ltd., CSIT Consulting Inc., Canada DBD Management Inc. and other investors On March 16, 2026, Abasca Resources Inc. closed the transaction. The transaction included participation from insiders of the company, including certain directors and officers, Dave Billard for 80,000 FT Shares, Brett Kagetsu for 100,000 FT Shares, Brian McEwan for 100,000 FT Shares and Dawn Zhou for 630,000 FT Shares, 101159623 Saskatchewan Ltd. for 2,200,000 FT Shares, CSIT Consulting Inc. for 1,400,000 FT Shares, 9169601 Canada Inc. for 3,600,000 FT Shares, Canada DBD Management Inc. for 1,800,000 FT Shares. Aankondiging • Feb 14
Abasca Resources Inc. announced that it expects to receive CAD 3 million in funding Abasca Resources Inc announced a non-brokered private placement to issue 12,000,000 FT Share at an issue price of CAD 0.25 for the proceeds of CAD 3,000,000 on February 13, 2026. Company may pay cash finder's fees of up to 6.0% of the gross proceeds raised from investors introduced to the Company by finders. All securities issued and sold under the Private Placement will be subject to a hold period expiring four months and one day from the date of closing of the Private Placement. Closing of the Private Placement is subject to the Company's receipt of Exchange approval. New Risk • Nov 29
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$5.8m 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$5.8m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 6.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.18m market cap, or US$5.14m). Aankondiging • Oct 23
Abasca Resources Inc. announced that it has received CAD 2.5 million in funding from CSIT Consulting Inc., 101159623 Saskatchewan Ltd., 9169601 Canada Inc. On October 22, 2025, Abasca Resources Inc. closed the transaction. The transaction included participation from new investors CSIT Consulting Inc. for 3,625,000 shares, 101159623 Saskatchewan Ltd. for 5,000,000 shares, returning investor 9169601 Canada Inc.for 5,000,000 shares. Aankondiging • Sep 25
Abasca Resources Inc., Annual General Meeting, Nov 26, 2025 Abasca Resources Inc., Annual General Meeting, Nov 26, 2025. Aankondiging • Sep 09
Abasca Resources Inc. announced that it expects to receive CAD 2.5 million in funding Abasca Resources Inc. announced a non-brokered private placement to issue 15,625,000 flow-through shares at an issue price of CAD 0.16 per FT share for gross proceeds of CAD 2,500,000 on September 8, 2025. In connection with the private placement, the company may pay cash finder’s fees equal up to 6% of the gross proceeds raised from investors introduced to the company by finders and issue share purchase warrants equal up to 6% of the number of FT shares acquired by investors introduced to the company by finders in accordance with the policies of the Exchange. Each finder’s warrant would entitle the holder to purchase a common share of the company at a price of CAD 0.20 per share for a period of two years. All securities issued and sold under the private placement will be subject to a hold period expiring four months and one day from the date of closing of the private placement. Closing of the private placement is subject to the company’s receipt of Exchange approval. New Risk • Jun 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$11.7m (US$8.65m) 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.7m market cap, or US$8.65m). Board Change • Jun 12
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 Chairman Dave Billard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 10
Abasca Resources Inc. announced that it has received CAD 1.25 million in funding On June 9, 2025, Abasca Resources Inc., closed the transaction. The company issued 6,250,000 flow-through units at a price of CAD 0.16 per unit for the gross proceeds of CAD 1,000,000 in its second and final tranche closing. Aankondiging • Apr 22
Abasca Resources Inc. announced that it has received CAD 1.25 million in funding Abasca Resources Inc. announced a non-brokered private placement to issue 6,250,000 flow-through units at an issue price of CAD 0.16 per FT unit for gross proceeds of CAD 1,000,000 and 1,785,715 non-flow-through units at an issue price of CAD 0.14 per NFT unit for gross proceeds of CAD 250,000.1 for aggregate proceeds of CAD 1,250,000.1 on April 22, 2025. Each FT unit is comprised of one common share to be issued as a flow-through share and one-half common share purchase warrant. Each NFT unit is comprised of one common share and one-half warrant. Each warrant entitling the holder to purchase an additional common share for a period of two years at a price of CAD 0.20 per warrant shares. In connection with the private placement, the company may pay cash finder’s fees equal up to 6% of the gross proceeds raised from investors introduced to the company by finders and issue warrants equal up to 6% of the number of units acquired by investors introduced to the company by finders in accordance with the policies of the exchange. All securities issued and sold under the private placement will be subject to a hold period expiring four months and one day from the date of closing of the private placement. Closing of the private placement is subject to the company’s receipt of exchange approval. Aankondiging • Apr 16
Abasca Resources Inc. Announces Maiden Graphite Resource at its Loki Flake Graphite Deposit Abasca Resources Inc. announced the maiden mineral resource estimate of its Loki Flake Graphite Deposit at its 100%-owned Key Lake South (KLS) Project in close proximity to regional infrastructure which services Cameco's Key Lake operation. The graphite MRE denotes a major milestone for the Project and positions Abasca to play a significant role in contributing to North America's secure supply chain of graphite. Mineral Resource Highlights. Total Inferred Resource: 11.31 Mt of Graphite at an average grade of 7.65 % Cg. Contained Graphite: 0.86 Mt. Cut-off Grade: 2.78 % Cg. The MRE, with an effective date of April 10, 2025, was completed by Understanding Mineral Resources (UMR) in accordance with NI-43-101 guidelines and is primarily based on the results from the 2024 summer drill program, which included 20 holes totaling 5,499 m, as well as re-sampled holes from 2016 drill cores. The 2024 drill program was designed to support an inferred resource and provide a foundation to further expand and develop the Project in subsequent campaigns, including the Company's current 2025 winter drill program. The Loki Deposit remains open at depth and along strike. Graphite's demand has been increasing in recent years from the electric vehicle and energy storage industries in addition to the continued needs arising from graphite's traditional industrial applications. In 2024, North America's average import price was over USD 1,200/tonne. Graphite is one of the 31 critical minerals designated by Canada's federal government and it is one of the 6 minerals in the Canadian essential supply chain. The Loki Deposit is hosted in the metapelitic rocks of the Wollaston Domain along a northwest-trending fault zone with graphite mineralization extending from the overburden-basement contact down-dip toward the southwest. The reporting standard for the Mineral Resource Estimate uses the terminology, definitions and guidelines given in the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Mineral Reserves (May 2014) as required by NI 43-101. Reported Mineral Resources are constrained to a pit-shell generated in Whittle software above a cut-off grade of 2.78 % Cg; The estimation of Mineral Resources was completed through a block model approach using interpreted geology wireframes, composites from drill core assays, and grade interpolation via Ordinary Kriging. Numbers may not add up due to rounding. The effective date of this Mineral Resource estimate is April 10, 2025. The qualified person knows of no environmental, permitting, legal, title, taxation, socio-economic, marketing, political or other relevant factors that may materially affect the Mineral Resource Estimate in this report. Mineral Resources are not Mineral Reserves and have not demonstrated economic viability. Collect collected samples were sent to SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan, an independent laboratory accredited under ISO/IEC 17025:2017, for preparation and ICP-MS multi-element analysis, boron by fusion as well as total graphite content (% Cg) and total sulphur by LECO. Samples were also collected for in-field and lab density measurements at regular intervals and through the mineralized zones. An independent technical report in respect of the mineral resource estimate will be prepared and filed on SEDAR+ and on the Company's website within 45 days of this press release. Board Change • Apr 08
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 Chairman Dave Billard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 21
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$4.2m 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$4.2m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.9m market cap, or US$9.73m). Board Change • Feb 04
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 Chairman Dave Billard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.4m market cap, or US$7.96m). Aankondiging • Dec 24
Abasca Resources Inc. announced that it has received CAD 3.2 million in funding On December 23, 2024, Abasca Resources Inc. closed the transaction. In connection with the Offering, the Company paid to Red Cloud Securities Inc. finder’s fees of CAD 72,000 in cash and issued 450,000 Warrants to Red Cloud in accordance with the policies of the Exchange, with each Finder’s Warrant having the same terms as the Warrants. Dave Billard, Brett Kagetsu and Sean Wang, each subscribed for 62,500 FT Units. Aankondiging • Dec 12
Abasca Resources Inc. Announces 2025 Winter Program Plan Abasca Resources Inc. announced its 2025 Winter Program plan at its 100% owned Key Lake South Project (KLS), which includes approximately 5,000 metres of drilling to expand on the summer program's successful results (Figure 1). The drilling will continue at a 100 m x 100 m grid spacing to demonstrate the strike- and depth-extent of the Loki Flake Graphite Zone ("Loki Zone"). The Company will also begin collecting field data for environmental baseline and hydrological studies. Additional testing of the new parallel prospective zone to the north of the Loki Zone will also be conducted during the program. The conductors in this area to the north of the Loki Zone were identified as priority targets in 2015 and are relatively untested for both graphite and uranium mineralization. Abasca is also planning a summer program to continue the methodical testing of prospective uranium targets at KLS. The property contains several target areas with over 40 km of untested conductors. In conjunction with the Company's uranium exploration during the summer, it will also further its systematic delineation the Loki Zone. Board Change • Dec 11
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 Chairman Dave Billard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 11
Abasca Resources Inc. announced that it expects to receive CAD 3.2 million in funding Abasca Resources Inc. announced a non-brokered private placement that it will issue up to 20,000,000 flow-through units of the Company at a price of CAD 0.16 per FT Unit for the gross proceeds of up to CAD 3,200,000 on December 11, 2024. Each FT unit to be comprised of one common share of the Company and one-half of a Common Share purchase warrant, with each Warrant entitling the holder to purchase an additional Common Share for a period of two years at a price of CAD 0.20 per Warrant Share. In connection with the Financing, the Company may pay finder’s fees in cash equal up to 6% of the gross proceeds raised from Investors introduced to the Company by finders and issue Warrants equal up to 6% of the number of Units acquired by Investors introduced to the Company by the Finder in accordance with the policies of the Exchange. All securities issued and sold under the Offering will be subject to a hold period expiring four months and
one day from their date of issuance. Aankondiging • Nov 27
Abasca Resources Inc. Announces Multiple Graphite Intersections At Its Loki Flake Graphite Zone Including 52 M At 7.18 % Cg Abasca Resources Inc. announced assay results from part of its 2024 summer exploration program at its Key Lake South (KLS) Project. The program focused on systematically drilling a 600 m section of the 2 km Loki Flake Graphite Zone ("Loki Zone"), which remains open along strike and at depth. Assay Highlights: KLS-24-026: 42.5 m at 7.36 % Cg, including 5.5 m at 15.10 % Cg, KLS-24-027: 33.0 m at 7.28 % Cg, including 6.5 m at 14.01 % Cg; KLS-24-028: 30.3 m at 8.72% Cg; KLS- 24-030: 41.0 m at 7.20 % Cg; KLS -24-031: 52.0 m at 7.18 % Cg, including 8.5 m at 14.98 % Cg. In the summer of 2024, the Company drilled 20 holes, totaling 5,499 m, at the Loki Flake Graphite Zone that was discovered in 2016. The delineation program was conducted at a 100 m x 100 m grid spacing, testing the strike- and depth-extents of the Loki Zone. All drillholes successfully intersected graphite mineralization, which was extensively sampled. Graphite mineralization was intersected at the overburden-basement contact and dips toward the southwest. The mineralization is hosted in metapelitic rocks of the Wollaston Domain along a northwest-trending fault zone in the north part of the property. Pegmatite and local calc-silicate rocks are commonly observed in the hanging wall interlayered with the metapelitic gneiss and also contain local graphite mineralization. An additional two drillholes, totaling 912 m, were drilled into a parallel fault zone approximately 600 m northeast of the Loki Zone . Both holes, KLS-24-042 and KLS-24-046 intersected graphite mineralization and were comprehensively sampled. Results from these holes and the remaining Loki Zone holes are pending, as well as metallurgical testing of samples from KLS-24-052. New Risk • Sep 17
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$3.1m 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$3.1m free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.37m market cap, or US$6.15m). Minor Risk Shareholders have been diluted in the past year (43% increase in shares outstanding). Aankondiging • Sep 10
Abasca Resources Inc., Annual General Meeting, Nov 15, 2024 Abasca Resources Inc., Annual General Meeting, Nov 15, 2024. Aankondiging • Aug 02
Abasca Resources Provides Update on Summer Exploration Program At Kls Project and Restates Prior Results Abasca Resources Inc. provided an update on its 2024 summer exploration program. The program has focused on defining the Flake Graphite potential at the Company's Loki Zone as well as drill testing prospective conductor corridors for uranium mineralization. The drill program is nearing completion and will be followed by the re-sampling of the 2016 drill cores that originally intersected the Loki Zone. The summer drilling at the Loki Zone included 21 drill holes for approximately 5,500 m. The drilling, which was conducted on a 100 x 100 m grid, focused on testing the vertical and lateral continuity of the known Flake Graphite zone that was discovered in 2016. All holes successfully intersected graphite mineralization and samples have been submitted to SRC Geoanalytical Laboratories in Saskatoon for analyses. Samples from one hole have also been selected for metallurgical evaluation.
A total of 7 drill holes totaling 3,593 m were completed along the Mustang-Seager Trend and the Loki Target area north of the Loki Zone. Strong silicification along with local clay alteration and oxide staining near fault zones were observed along the trend. Although no significant radioactivity was measured, the corridor remains largely untested with many prospective targets. New Risk • Jul 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.99m market cap, or US$5.86m). Aankondiging • Jun 29
Abasca Resources Inc. announced that it has received CAD 3.65 million in funding from 9169601 Canada Inc. On June 27, 2024, Abasca Resources Inc. closed the transaction. All securities issued in connection with the Offering have a four month hold period expiring on October 28, 2024. No finders fees were paid with respect to the Offering. 9169601 Canada Inc. acquired 15,168,750 units of company at a subscription price of CAD 0.16 per Unit for a total subscription price of CAD 2,427,000. Dawn Zhou holds 100% of the common shares (including through joint ownership) and 100% of the preferred shares of 916. Prior to the closing of the Private Placement, Dawn Zhou owned, directly and indirectly and exercised control over, 35,149,788 Common Shares, 4,755,000 Common Share purchase warrants and stock options exercisable into 850,000 Common Shares, representing approximately 69.38% of the issued and outstanding Common Shares, on a partially diluted basis. Upon completion of the Private Placement, Dawn Zhou now owns, directly and indirectly and exercises control over, 50,318,538 Common Shares, 12,339,375 Common Share purchase warrants and stock options exercisable into 850,000 Common Shares, representing approximately 71.14% of the issued and outstanding Common Shares on a partially diluted basis. Aankondiging • Jun 13
Abasca Resources Inc. announced that it expects to receive CAD 3.65 million in funding Abasca Resources Inc announced a non-brokered private placement of 21,875,000 flow through units at a price of CAD 0.16 per FT Unit for gross proceeds CAD 3,500,000 and 1,071,428 non flow through units at a price of CAD 0.14 per FT Unit for gross proceeds CAD 149,999.92, together for a aggregate proceeds of CAD 3,649,999.92 on June 11, 2024. Each FT Unit to be comprised of one common share of the Company and one-half of a Common Share purchase warrant. Each Warrant entitling the holder to purchase an additional Common Share for a period of two years at a price of CAD 0.20 per Warrant Share and 1,071,428 units of the Company at a price of CAD 0.14 per NFT Unit with each NFT Unit to be comprised of one Common Share and one-half of a warrant. In connection with the Financing, the Company may pay finder’s fees in cash equal up to 6% of the gross proceeds raised from Investors introduced to the Company by finders and issue Warrants equal up to 6% of the number of Units acquired by Investors introduced to the Company by the Finder in accordance with the policies of the Exchange. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance New Risk • Sep 27
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$3.4m 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$3.4m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.6m market cap, or US$7.87m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (16% average weekly change). Aankondiging • Sep 09
Abasca Resources Inc., Annual General Meeting, Nov 17, 2023 Abasca Resources Inc., Annual General Meeting, Nov 17, 2023. Aankondiging • Jun 23
Abasca Resources Inc. announced that it has received CAD 1 million in funding On June 22, 2023, Abasca Resources Inc. closed the transaction. No finders’ fees were paid with respect to the Offering. All securities issued in connection with the Offering have a four-month hold period expiring on October 22, 2023.
On the same date, the company announced that the transaction included participation from individual investor, Dawn Zhou. Board Change • Jun 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Director Qiang Sean Wang was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • May 31
Abasca Resources Inc. announced that it expects to receive CAD 1 million in funding Abasca Resources Inc. announced a non-brokered private placement of up to 2,000,000 flow-through units at a price of CAD 0.50 per flow through unit for gross proceeds of up to CAD 1,000,000 on May 30, 2023. Each Flow Through Unit will consist of one flow-through share and one half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.60 for a period of 24 months following the closing date of the Offering. The transaction subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Finders’ fees comprised of cash and non-transferable warrants in connection with the Offering will be paid. Aankondiging • May 25
Abasca Resources Inc. Announces Geochemical Assays from Drillcore Samples Collected During Its Successful Winter Drilling Program on Key Lake South Uranium Project Abasca Resources Inc. announced geochemical assays from drillcore samples collected during its successful winter drilling program on the 100%-owned 23,977-hectare Key Lake South Uranium Project (KLS). The Company drilled a total of 11 holes comprising 4,959 metres at the Mustang target area (Mustang), intersecting anomalous radioactivity in 8 holes (previously released), and assays confirm anomalous uranium intersections. Assay Highlights 9 of the 11 drillholes intersected anomalous uranium over a cumulative total core length of 13.85 m. KLS-23-004 intersected a total of 1.5 m of anomalous uranium, including 10 cm at 1260 ppm U. KLS-23-006 intersected a total of 3.4 m of anomalous uranium, including 79 cm at 897 ppm U and 43 cm at 942 ppm U. KLS-23-009 intersected a total of 2.4 m of anomalous uranium, including 50 cm at 1010 ppm U. Drilling Highlights Multiple stacked graphic fault zones intersected at major lithological contacts with overprinting fracture zones, fault gouge, and fault breccia - Ideal features in other basement-hosted uranium deposits in the Athabasca Basin region. Confirmed anomalous uranium intersections located proximal to graphitic fault zones that are also promoted in pathfinder elements including up to 3540 ppm B, 267 ppm Ce, 350 ppm Cu, and 381 ppm V. Silicification, hematite and clay alteration observed in all drillholes within and proximal to fracture and fault zones. Board Change • Mar 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Director Qiang Sean Wang was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Director Qiang Sean Wang was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 