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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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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company is also pursuing organic and inorganic growth in Southeast Asia.


TSX:VLE - Post by User

Bullboard Posts
Post by justasmuckon Sep 22, 2018 12:10pm
150 Views
Post# 28670403

Smart money sees what most of us see and know.

Smart money sees what most of us see and know.
Sneaky value writes On SH. A trend on which i am focused and loving. Its like brilliant chess. 
( G.M.P has been huge in VLE development but Stephane has an incredible following on european institutional desks a change to him as lead analyst and spudding of the well will make us all very very happy.) The rest of it wow..!! well have a great weekend.
 
VLE and see if you notice a wonderful trend:
Baillie Gifford (Edinburgh, UK), Invesco (London, UK), RBC (London, UK), GMP (London, UK).  
I wonder why Sean name dropped a London listing at the Pareto conference last week????
 
Lost my bet this week on SH. re stock close/date/price but its all for a good cause and winning the bet on friday (S.P i would have won. Tabernake !!) was just another slap in the face by the powers/sharks that be.
I can just see the brain power behind the architecture of the behind the scenes deals going on in Seans boardroom. The boardroom might be old school and I know Sean is pushing for an interlisting. His words. This is where young pups and guys on center stage have to check their ego's and go with the cumaltive talent and experience of the board and puppet masters behind the scenes. Timing is everything and everything takes longer then most of us want. ( me included ) Fact is the chess moves have been brilliant and can only be seen in the rear view mirror for us non insiders.

Heck ya!! to me bring on the LSE listing. (or Oslo) dont care. In talking to a few of the guys in power VLE,  the recognition that the capital markets are dead for oil and gas in Canada is apparent at VLE/etc. ( Ill go as far as to say Canada ) They are all experienced enough that $ talks and B..S walks, of F's up. ( M@M and TAT ) This puppy is going to need Cash or posistion itself for ready access to capital in case a suitor shows up. Or as the go forward plan.

Those S.P sharks, who want your paper, who have done a masterfull campaighn of Psych warfare in order for you to lower your expectations and price targets. To shake your confidence!! But the next level of sharks and theres always someone bigger, would love to capitalize on under financed success. Ie VLE hits a homer but cant keep up with Equinox leaving it vunerable. I'm loathe to consider we are about to place some paper in these strategic hands but the realization that the stock is wound up like a super tight spring leaves me dumbfounded on current  S.P. Honestly i couldn't see it happening unless B.G decides grease and capital are required in Trumps Trade Tat Turmoil. 

I cant begin to express my admiration for the team and reeling in a very respected analyst and GMP with an $11 target. The inevidable interlisting. ( Check out chart on TGL to see what LSE can do ) As the dominoes fall its like that masterful symphony which is going to crescendo with its different sections into a cascade of wealth and beautiful music for the shareholders.
Bullboard Posts