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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 Liminal BioSciences Inc. LMNL

Healthcare Biotechnology
Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed... see more

Bullboard (NDAQ:LMNL)

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
Post by 321SkyIdioton Sep 26, 2023 4:13pm

Lawsuit

So that's happening soon, right? :-D
166
Post by thePlayeron Jul 18, 2023 5:22pm

Graph says it all

if link doesn't work for you just go to www.bigcharts.com, find LMNL, Advanced chart, All Data.....   will see picture as ugly as it gets.... https://bigcharts.marketwatch.com/advchart ...more  
457
Comment by Loonyon Jun 25, 2023 12:41pm

RE:How the mob steals from shareholders!!!

Liminal=Criminal Tony Accurso mob and his several other stolen companies.
229
Discussion
Post by Loonyon Jun 25, 2023 12:28pm

How the mob steals from shareholders!!!

https://www.lapresse.ca/affaires/2023-02-18/remboursement-de-la-corruption/accurso-propose-de-payer-48-millions-aux-gouvernements.php Placement vapor dans une biotech Le plan du contrleur Raymond ...more  
487
Discussion
Post by Dibah420on May 10, 2023 12:05pm

$7.50 is on the table

...and yet so few takers!   Hmmm.
292
Post by Dibah420on Apr 24, 2023 9:53pm

Now bleeding hearts for minority shareholders?

"If an agreement with respect to the Proposal were to be reached with SALP, the Company expects that any such transaction would be subject to Regulation 61-101 respecting Protection of Minority ...more  
695
Post by Dibah420on Apr 07, 2023 9:26am

Unprecedented....historic.... Time for some levity

"Assertions about Donald Trump’s “historic” arraignment in a New York City courtroom Tuesday struck me as an overstatement, and that’s an understatement. “Ancient precedents shattered, a former ...more  
425
Comment by 37minus4on Apr 07, 2023 9:17am

RE:Good Morning

Must be a rough morning for you, Steve "white wine drunk posting again". Did you throw good money after bad in the highly secret fantasy lawsuit? 33
199
Discussion
Post by PLIImfoserviceon Apr 07, 2023 7:37am

Good Morning

33 do you still s rocks 
334
Discussion
Comment by PLIImfoserviceon Apr 07, 2023 7:35am

RE:RE:RE:RE:Hilarious

owed the home since 1994     36minus5
182
Discussion
Comment by 37minus4on Apr 05, 2023 7:59pm

RE:RE:RE:Hilarious

Still an illiterate half-wit, I see, just with a bigger mortgage!
211
Discussion
Post by ENEMENEMYNEMOon Apr 05, 2023 6:58pm

Oh my

Too bad my F'n DCA on this one is $356/sh... no joke...
219
Comment by PLIImfoserviceon Apr 05, 2023 4:58pm

RE:RE:Hilarious

OMG its just turned into How I loved you losing you name
185
Discussion
Comment by PLIImfoserviceon Apr 05, 2023 4:57pm

RE:RE:Hilarious

OMG its just turned into How I loved you losing you name@
192
Discussion
Comment by PLIImfoserviceon Apr 05, 2023 4:56pm

RE:RE:Hilarious

OMG its just turned into shove it up your  How I loved you losing you name 
188
Discussion
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