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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 Mind Medicine (MindMed) Inc MNMD

Alternate Symbol(s):  N.MMED.WA | N.MMED.WR | N.MMED.WS | N.MMED

Healthcare
Mind Medicine (MindMed) Inc. is a clinical-stage biopharmaceutical company, which is engaged in developing products to treat brain health disorders. It is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen... see more

Bullboard (NDAQ:MNMD)

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Comment by Specificon Feb 05, 2021 8:49am

RE:MMED split?

  very good chance of a nas listings 
156
Discussion
Comment by Bubbsy2014on Feb 05, 2021 8:30am

RE:REDDIT army attacking biotech now

Get over it Steel. It’s not happening. Do some research dude. They drove up sp on stocks that were getting hit hard with pandemic losses. That ain’t Mmed  
139
Discussion
Comment by Bubbsy2014on Feb 05, 2021 8:26am

RE:RE:MMED split?

Nobody. But it’s a possibility. If they announce it, I will sell.  Sp always drops after a split, except Apple. 
84
Discussion
Post by maysteeler23on Feb 04, 2021 4:05pm

“Lions and tigers and bears.”

Keep bring them in boys.  The Wizard of Oz says he sees $30 reasons why.
116
Comment by horseraddishon Feb 04, 2021 3:39pm

RE:MMED split?

Wouldn't that be a reverse split? Who would want that.....
142
Discussion
Post by Bubbsy2014on Feb 04, 2021 9:49am

MMED split?

GTMS just split 5-1 to $21.50 in preparation for  a nasdaq listing. We may be next? Bubbs. 
202
Discussion
Post by maysteeler23on Feb 04, 2021 1:10am

$30 pop in 1 day

History will be made.  The revolution starts when we flood the markets and raise the ASKS to $30+ The flood starts with a double. THE FLOOD will be $500-$1000 in play money that will ...more  
431
Comment by TeddyTenBagson Feb 03, 2021 10:57pm

RE:3 Reasons to Buy MMED

I love MMED as much as everyone, but come on. Your DD is awful. 1) Both of these people STILL work for J&J. Do you even know why J&J was included in the ETF? It's not because they're  ...more  
329
Discussion
Comment by SouthernTierTomon Feb 03, 2021 9:45pm

RE:Value increased by 120M CAD today - Hmmmmmm ; - )

Oopss... That ain't gonna git 'er done... We need 180 MILLION for 10% of the company!! Say what?? You do the math ; - )
123
Discussion
Post by SouthernTierTomon Feb 03, 2021 9:01pm

Value increased by 120M CAD today - Hmmmmmm ; - )

"We are requesting 180,000 CAD for 10% of the company Mr. Wunderbar How might an intelligent person answer that request? ; - ) This is waaay better than Gamestop or Blackberry
235
Discussion
Post by BillyKnowsBeston Feb 03, 2021 5:09pm

3 Reasons to Buy MMED

Full disclosure MMED is the only company I have an interest in currently in the psychedelic sector, and here are a few points as to why they are the horse I'm backing  ...more  
368
Discussion
Post by maysteeler23on Feb 03, 2021 4:11pm

Storm the beaches when MMED doubles

D-Day is coming.  Flush the market after a double and MMED will be $30+ Keep building the army.  The Nasdaq Listing ;)will be a big surprise for the shorts.  We will storm the ...more  
278
Post by maysteeler23on Feb 02, 2021 10:35pm

Gather the army

The smart money is quiet.  In the shadows the special forces are deadly.
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