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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 Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRPF | BDRXF | BDRAF

Industrials Aerospace & Defense
Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global... see more

Bullboard (TSX:BBD.A)

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Comment by bicenteon Jun 09, 2024 8:05pm

RE:RE:RE:RE:RE:Bombardier Price Target Maintained by National Bank

I agree  , and thank you for posting ... not everyone here wants to read all the info out there and having your posts makes it easier and quicker... GLTA
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Discussion
Comment by BBDB859on Jun 09, 2024 5:45pm

RE:RE:RE:RE:RE:Bombardier Price Target Maintained by National Bank

Hi Temp. I feel the same way as Snow does about your participation here, please keep up the good work. Cheers
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Discussion
Comment by Snoweyon Jun 09, 2024 3:36pm

RE:RE:RE:RE:Bombardier Price Target Maintained by National Bank

Hi Tempo,   You are one of the good solid leaders on this board.   Thanks, brother.   All the best.   Snowey
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Discussion
Post by naissance17on Jun 09, 2024 2:36pm

L'investisseur avisé (La Presse 06-09-2024)

Les deux principales agences de notation de credit ont maintenant releve ce printemps la cote de Bombardier. S&P l’a fait cette semaine alors que Moody’s l’avait fait au debut mai. Bombardier ...more  
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Comment by flightpath5on Jun 09, 2024 2:17pm

RE:RE:RE:RE:Bombardier Price Target Maintained by National Bank

Tempo1, your posts (both your own analysis and those of the bankers) have been very helpful, thank you!
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Discussion
Comment by Tempo1on Jun 09, 2024 10:47am

RE:RE:RE:Bombardier Price Target Maintained by National Bank

Yep Mutiple accounts. Each brokers have some specialty. For bonds for example : TD has the most extensive list of bonds offered, and it is the only one with non investment grade on their list. CIBC on ...more  
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Discussion
Comment by Snoweyon Jun 09, 2024 10:38am

RE:RE:Bombardier Price Target Maintained by National Bank

Hi Tempo1,   I found this report on https://www.marketscreener.com with a June 06 date. Your comment that it was a summary of a report produced on May 02 is turns out to be completely accurate, ...more  
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Discussion
Post by BBDB859on Jun 08, 2024 12:42pm

Just saying

When Bombardier was faltering, and there were so many questions about the company being able to rise above all these issues in 2021/2, all these analysts weren't sure that the Bomber would be ...more  
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Comment by Tempo1on Jun 08, 2024 11:05am

RE:Bombardier Price Target Maintained by National Bank

I don't know from where you got those things but in the FNB site the last analysis (with a target determination) is dated may 02. But  june 06 they published a summary (small) of the ...more  
202
Discussion
Comment by Jacques4444on Jun 08, 2024 10:55am

RE:RE:Number of Shares Shorted drop to be expected ?

Hi, for me, Im surprise the number of ''shorts shares'' his this high. If I understand it right, its mean, they sold 1,5 millions ( to cheap buyers) and they gonna have to buy those ...more  
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Post by Snoweyon Jun 08, 2024 10:13am

Back from vacation

Back from Portugal. Great culture. Great history. Loved it. Very pleasant. Traveled around.   Did not see any homeless.   GLTA   Snowey
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Post by Snoweyon Jun 08, 2024 10:05am

Bombardier Price Target Maintained by National Bank

Came across the following: National Bank on Thursday, June 06, maintained its outperform rating and $92.00 price target on the shares of Bombardier (BBD.B.TO). The management of the aircraft ...more  
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Discussion
Comment by regional700on Jun 08, 2024 8:13am

RE:Number of Shares Shorted drop to be expected ?

www.canadianinsider.com/short-report?ticker=BBD  une hausse majeur du nombre d'actions a decouverts annonce  une baisse de l'action ....  besoin de vos commentaire !
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Discussion
Post by regional700on Jun 08, 2024 7:50am

Number of Shares Shorted drop to be expected ?

Short Report | Canadian Insider    
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