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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 Power Financial 4 50 Non Cumulative Pref Shs Series 23 T.PWF.PF.A

Alternate Symbol(s):  T.PWF.PR.F | T.PWF.PR.Z | T.PWF.PR.G | T.PWF.PR.H | PWFNF | T.PWF.PR.K | T.PWF.PR.L | T.PWF.PR.O | T.PWF.PR.P | T.PWF.PR.Q | T.PWF.PR.R | T.PWF.PR.A | T.PWF.PR.S | T.PWF.PR.E | T.PWF.PR.T

Financial Services Insurance - Diversified
Power Financial Corporation (Power Financial) is a Canada-based international management and holding company. The Company is interested in financial services and asset management businesses in Canada, the United States and Europe. Power Financial offers holdings in a portfolio of global companies based in Europe.

Bullboard (TSX:PWF.PF.A)

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Post by Betteryear2on Nov 10, 2021 6:47pm

Dividends on Preferred Shares

MONTRAL, Nov. 10, 2021 /CNW Telbec/ - The Board of Directors of Power Financial Corporation (Power Financial or the Corporation) today declared the following quarterly dividends on the ...more  
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Post by Betteryear2on Oct 18, 2021 2:41pm

Redemption of Preferred Shares

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ Readers are referred to the section "Forward-Looking Statements" at the end of this release ...more  
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Post by CanadianPreferron Apr 01, 2020 3:18pm

PWF preferreds pay between 6% and 9%

Great time to pick up preferreds. Once in a lifetime opportunity, I think. PWF preferreds pay between 6% and 9% https://canadianpreferredshares.ca/rank-Power-Financial-Corp-preferreds/
1015
Post by TimeBuilderon Feb 12, 2020 6:59pm

Index changes NR= copy

S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index CNW Group - 1 hour ago   S&P Dow Jones Indices announces the following changes to the S&P ...more  
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Post by TimeBuilderon Feb 11, 2020 12:06pm

Today's Approval NR FYI :>)

   Power Financial Announces Shareholder Approval of Reorganization Transaction CNW Group - 1 hour ago   Readers are referred to the section "Forward ...more  
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Comment by zalmonellaon Jan 30, 2020 5:28pm

RE:Voting Package Rec'd TODAY

donot know just what to expect with the NEW structure One one hand it seems pretty straight-forward - common shareholdings get an extra $3 of value for no investment.  I don't remember ...more  
869
Discussion
Comment by yellon Jan 24, 2020 6:51pm

RE:Power Financial Corp. preferred's pay between 4.24% and 5.85

Do not understand why pwf.pr.i and pwf. pr.g got blasted when they announced the new structure. Do you have any thoughts on this matter ? 
778
Discussion
Post by TimeBuilderon Jan 24, 2020 2:42pm

Insider Filings for POW.T

FYI     Latest 10 SEDI filings for POW within the last 6 months View on INK Research Filings by Transaction Date Filings by Filing Date Filings ...more  
722
Post by TimeBuilderon Jan 24, 2020 2:38pm

Insider Filings Updated for PWF.T

FYI   . Latest 10 SEDI filings for PWF within the last 6 months View on INK Research Filings by Transaction Date Filings by Filing Date Filings by ...more  
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Post by TimeBuilderon Jan 24, 2020 2:32pm

Voting Package Rec'd TODAY

Now to determine the GOOD BAD & UGLY of this situation ... Then vote...donot know just what to expect with the NEW structure !!!!!!........ Was a LONG term holder & will hang on to see what ...more  
987
Discussion
Comment by TimeBuilderon Dec 16, 2019 3:42pm

RE:$37.00

PWF.T   FYI  >>>  Yield @ 5.058% > Div @ .4555 CDN Quarterly >  X date Dec 30/2019 > Pay date Jan 31//2020
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Discussion
Post by CanadianPreferron Dec 14, 2019 7:42pm

Power Financial Corp. preferred's pay between 4.24% and 5.85

Good Safe dividend. Pick the highest one and collect the dividend for the long term. https://canadianpreferredshares.ca/rank-Power-Financial-Corp-preferreds/
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Discussion
Post by TimeBuilderon Dec 13, 2019 5:42pm

52 week HIGH @ $36.47 :>O

Will sell a few next week & enjoy taking some year end profit (finally)  .....Regards to ALL Patient Investors, TimeBuilder
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