|By Marketwired .||
|August 20, 2014 05:37 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 08/20/14 -- AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX VENTURE: AGO) wishes to announce that it has received approval from the TSX Venture Exchange to settle $255,295.58 of debt owed to Cyr Drilling International Ltd. ("Cyr Drilling") by the Company in consideration for the issuance of 2,836,618 working capital units ("WC Units") of the Company at a price of $0.09 per WC Unit. Each WC Unit consists of one common share of the Company and one (1) share purchase warrant (a "WC Warrant"). Each WC Warrant entitles Cyr Drilling to acquire an additional common share until August 19, 2017 at a price of $0.12 per common share. The securities are subject to a hold period expiring on December 20, 2014.
Further to the Company's press release dated August 13, 2014, the final tranche of 1,060,000 working capital units for proceeds of $53,000 closed on August 15, 2014 and the securities issued are subject to a hold period expiring on December 16, 2014.
About AurCrest Gold Inc.
AurCrest is a mineral exploration company focused on the acquisition, exploration, and development of gold properties. AurCrest has a portfolio of properties in Ontario, which include the Richardson Lake and Bridget Lake gold properties.
Forward Looking Statement:
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. AurCrest undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Dec. 8, 2016 07:00 AM EST Reads: 1,691
Dec. 8, 2016 06:30 AM EST Reads: 1,113
Dec. 8, 2016 06:15 AM EST Reads: 5,909
Dec. 8, 2016 05:00 AM EST Reads: 2,159
Dec. 8, 2016 04:30 AM EST Reads: 731
Dec. 8, 2016 04:15 AM EST Reads: 946
Dec. 8, 2016 04:00 AM EST Reads: 3,798
Dec. 8, 2016 04:00 AM EST Reads: 4,815
Dec. 8, 2016 04:00 AM EST Reads: 1,045
Dec. 8, 2016 02:45 AM EST Reads: 1,299
Dec. 8, 2016 02:30 AM EST Reads: 1,120
Dec. 8, 2016 01:45 AM EST Reads: 1,410
Dec. 8, 2016 01:30 AM EST Reads: 1,925
Dec. 8, 2016 01:00 AM EST Reads: 3,957
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dec. 8, 2016 12:30 AM EST Reads: 1,136