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News Focus
C.GRCM | 5 hours ago VANCOUVER, BC, June 7, 2024 – Geologica Resource Corp. (CSE:GRCM, FSE:862 ) (“Geologica” or the “Company”) is pleased to announce the closing of its previously announced financing and property acquisition. The Company intends to issue 4,301,450 Units at $0.035 per unit for total proceeds of $150,550 (the “Units”) each Unit consists of a share and a whole warrant. Each warrant may be exercised for 1 (one) share for 2 (two) years from closing for $0.05. A warrant holder must exercise the Warrant, within 30 days of the shares of the Company trading at a 20 day VWAP of $0.20 or greater once the 4 month statutory hold has expired. The Company paid finders fees of $10,928 and issued 312,229 finders warrants. The warrants have the same terms as above. The proceeds of the financing will be used for exploration work and general administration. In a sperate transaction the Company issued 2,000,000 shares to complete the acquisition of the Topley West Property as announced March 28, 2024. The Company has also issued 100,000 shares at a deemed price of $0.045 to settle outstanding debt with an unrelated party. The securities issued under the financing will be subject to restrictions on resale for 4 (Four) months and a day, pursuant to applicable Canadian securities laws and the rules of the Canadian Securities Exchange. TOPLEY LANDING PROJECT TOPLEY LANDING PROJECT The claims to be explored at Topley Landing are overlapped by Lake Babine Nation (LBN) traditional territory; In consultation with the Lake Babine Nation, Geologica has been granted access to Topley for completion of an IP survey; Geochemistry has identified high priority exploration target areas and kilometer-scale VMS target areas; The region is known for its large porphyry, copper/gold, and copper/molybdenum deposits including the on-trend past-producing Granisle and Bell copper mines; American Eagle Gold Corp. has discovered a copper deposit on trend with Topley; The property is located in central BC, is road accessible and cost effective to explore year round BC Hydro power lines transect the property and several water sources are available on the property; Rail Access to tide water is only 40km away; Porphyries contain the largest reserves of Copper and close to 50% of gold reserves in BC; Topley Property consists of 11 mineral claims totaling 4,216 Ha with six known prospects and showings. About Geologica Resource Corp. Geologica Resource Corp. is a mineral explorer, building shareholder value through the acquisition of projects with significant technical merit. The Company has an option agreement and a purchase agreement for 100% of the mineral claims known as the Topley Project, located in central British Columbia. Further information on Geologica Resource Corp. can be found on the Company’s website https://geologicaresource.com/ and on SEDAR at https://www.sedarplus.ca Doug Unwin President & CEO (604) 762-5355 doug.unwin@geologicaresource.com Forward-Looking Statements This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “ensuring”, “believe”, “anticipate”, “will”, “would” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, this news release contains forward-looking information pertaining to the Company’s plans and objectives with respect to the Topley Project. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, failure to obtain all necessary regulatory approvals, risks and uncertainties inherent in the exploration and development of mineral properties, and other risk factors set forth in the long-form prospectus of the Company dated July 22, 2022 under the heading “Risk Factors”, a copy of which is available on the Company’s SEDAR profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws. Tags: INDUSTRIAL METALS & MINERALS 0 Related News @ the Bell: Resource stocks lift TSX 21 hours ago @ the Bell: How did markets react to the BoC rate cut? 1 day ago @ the Bell: TSX hits one-month low 2 days ago Recent U.S. Press Releases Geologica Closes Financing And Property Acquisition 5 hours ago INDUSTRIAL METALS & MINERALS ADDITION OF NEW COPPER CLAIMS AT TOPLEY PROJECT April 18, 2024 INDUSTRIAL METALS & MINERALS Xcyte Digital Corp. Purchases Assets of A+ Conferencing April 3, 2024 TECHNOLOGY More Press Releases » Featured News Links Flow Test and Laboratory Analysis Confirm a Major New HELIUM Discovery in Minnesota This Small-Cap Gold Stock Keeps Notching Up High-Grade Gold in Nevada Thematic Insights: Free Podcast Exploring Market Trends & Emerging Sectors Get the latest news and updates from Stockhouse on social media facebook twitter linkedin Follow STOCKHOUSE Today (click to learn more)
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Bullboard - Stock Discussion Forum Chalice Brands Ltd CHALF

Healthcare Cannabis
Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root. see more

Bullboard (GREY:CHALF)

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Comment by campston May 27, 2024 10:08am

RE:What's going on?????

Ticker symbol no longer listed on Canadian exchange.  Writing off today. Nothing left but the bag. Lol.
23
Discussion
Post by Bentley2000on May 14, 2024 3:12pm

What's going on?????

Any info out there thats available to us shareholders??
62
Discussion
Post by Bentley2000on Dec 20, 2023 11:42am

DE-LIST!!!!!!!!!!!!!!!

What's going on with this shell....de-list so we can write you off!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
105
Post by campston Dec 04, 2023 2:53pm

The story can't end.....

....but look who's bidding for the company's assets. Lol https://www.wweek.com/news/2023/08/23/cannabis-giant-chalice-is-hemorrhaging-value-and-could-escape-its-creditors/
194
Comment by campston Sep 18, 2023 8:46am

RE:CHAL???????

Sought creditor protprotection in the sprinspring.  Haven't seen (or looked for) news since.
115
Discussion
Post by TheCanadianDudeon May 23, 2023 2:24pm

PortlandBlazer and The RealCanaDude lied to you for 5 years

The PortlandBlazer was recently released from a Federal incarceration and is still on probation for 30 more months. If you are interested, read about him this link, you were conned by a conman who ...more  
484
Comment by Here4thekekson May 23, 2023 1:18pm

RE:Is Chalice Bankrupt? PortlandBlazer & pump and dump scheme.

Oh yes , they operated on multiple boards posting their fake news and empty promises, selling worthless shares and not a product. On Reddit, they operated as "quantricko" and weed_dude1" ...more  
295
Discussion
Post by TheCanadianDudeon May 23, 2023 12:50pm

Is Chalice Bankrupt? PortlandBlazer & pump and dump scheme.

He lied on these boards for 4-5 years selling worthless shares that ended up in receivership today. But who is he? In fact he is a troubled son of the Chalice one and only lawyer. Get to know this ...more  
351
Discussion
Post by Here4thekekson May 23, 2023 12:40pm

The PortlandBlazer in the news. The pump & Dump exposed

https://www.mailtribune.com/crime-courts-and-emergencies/2021/10/27/broker-in-oregon-indiana-illicit-pot-ring-pleads-guilty/ Oh how they get exposed., The two pumpers operating this page got a wake up ...more  
279
Post by Here4thekekson May 23, 2023 11:22am

BANKRUPTCY & RECEIVERSHIP FILED BY CHALICE> THE END

Chalice files for Receivership un der bankruptcy protection RECEIVERSHIP IS IN ORDER AS WE PREDICTED Chalice Obtains Initial Order under Companies’ Creditors Arrangement Act (Canada) and Commences ...more  
346
Post by Bentley2000on Apr 21, 2023 12:51pm

CHAL???????

Is this stock and Company DEAD??????????????????
169
Discussion
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