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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 Britannia Life Sciences Inc Com C.RLSC

RISE Life Science Corp is engaged in developing and evolving medical and adult hemp-based formulations to create general use of health and well-being products for the emerging consumer category. It derives key revenue from the United States.

Bullboard (CSE:RLSC)

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Comment by Odinsonon May 29, 2019 11:19am

RE:RE:RE:RE:RE:At it AGAIN...

Hopefully we will see a move to the upside. It has to go a long way up before I stop hurting. I've been in since the MOM days and the consolidations. It really sucks!
Comment by JWING17on May 28, 2019 2:27pm

RE:RE:RE:RE:At it AGAIN...

National or Loud Mouth Nutral have to step it up with 230k on the ask from .245-.25 to see this go any higher....We know National has balls, Nutral wishes.
Comment by JWING17on May 16, 2019 6:19pm

RE:RE:RE:At it AGAIN...

Now that Nut boy has been put on ignore, I would have loved to see if she went to the meeting. I would like to take people like that out behind the wood shack and stuff his computer some where his ...more  
Comment by Neutral2on May 16, 2019 3:55pm

RE:RE:At it AGAIN...

I'm still here squid. What target price are you hoping to dump those 500 shares at?
Comment by Odinsonon May 16, 2019 3:40pm

RE:RE:At it AGAIN...

It is encouraging that a National Bank buyer is purchasing. I'm in fairly deep in this one and very upset with the repeated change in direction and even now, with the company being in the Cannabis ...more  
Comment by JWING17on May 16, 2019 2:21pm

RE:At it AGAIN...

Odinson, Not sure what you hold, Or at what price,And have no need to know,But, This National Bank buyer is certainly keeping this interesting. That's alot of shares they have bought in the last ...more  
Post by JWING17on May 13, 2019 5:41pm

At it AGAIN...

Someone buying through 080 National Bank,Big on the buy. 
Comment by Odinsonon May 03, 2019 7:46pm

RE:RE:RE:RE:RE:Timber!!!!!!!!!!

Ha! Ha! Ha! Yup, I'm sure you are right, being the idiot that you truly are. Perhaps you would be kind enough to enlighten the good folks on this board regarding the redeeming qualities of this ...more  
Comment by Biostocks01on May 03, 2019 5:50pm

RE:RE:RE:RE:Timber!!!!!!!!!!

Odinson, idiots are always right ... lolll Bio
Comment by Odinsonon May 03, 2019 4:46pm

RE:RE:RE:Timber!!!!!!!!!!

Hey there bio .......... I have a tip for you, if you don't like what I have to say, well then, don't read it! There is always the ignore feature. By the way, so far, I haven't been wrong ...more  
Comment by Neutral2on May 03, 2019 4:32pm

RE:RE:RE:Timber!!!!!!!!!!

Typical low life trolls Jwing and Odinson are. Every board has them even one as quiet as RLSC.
Comment by Biostocks01on May 03, 2019 4:02pm

RE:RE:Timber!!!!!!!!!!

Odinson, why are you wasting your time here!! would you be an idio?? you are able to answer the question frankly...MORON!!!! Bio
Comment by Odinsonon May 02, 2019 9:54am

RE:Timber!!!!!!!!!!

Unfortunately, I think you are absolutely right ..... it is not looking good. If these guys can't make it in the Cannabis market, well, they just can't make it! This is their third attempt at ...more  
Post by JWING17on May 01, 2019 6:18pm

Timber!!!!!!!!!!

If youtake away the stink bid of 100k @.01. There is only 48k shares in total on the bid. Does not look to good! 
Comment by JWING17on May 01, 2019 6:02pm

RE:RE:RE:RE:RE:RE:RE:If this

It has been fixed. Peace on earth....No more Nutral2, Unless I go to the meeting and do some dental work.
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