20 Million Dollars Closer to Production Gross proceeds of $10,350,000 In Connection with the Serengeti and Sun Metals merger transaction, December 17, 2020
Gross proceeds of C$13,005,000 is expected to close on or about March 30, 2021.
Next week we will have a Net amount approximately $20 Million cash on hand with a new exploration season upon us.
"Together, a pipeline that spans the spectrum from exciting grassroots discovery to highly de-risked development stage. A combination that has the potential to unlock real value. With a focus on high-grade, the consolidation of the adjacent Stardust and Kwanika deposits into a single advanced-stage project provides critical mass. We are also breathing new life into the contiguous Lorraine and Top Cat properties, a proven porphyry system explored with a systematic approach for the first time. And we are going to launch the first drill program at East Niv, a highly prospective copper-gold exploration targets in Canada." Let's look at the ....
Management Team
Peter Bell - President & CEO - Peter Bell has over thirty years of successful experience in mining geology, mining investment and mining banking.
Dr. James Lang - Chief Geoscientist - Dr. Lang brings 37 years of global minerals industry experience to Northwest Copper and is the author of many papers on economic geology and is a frequent speaker at international geology and exploration conferences.
Lauren McDougall - CFO - Ms. McDougall is a Chartered Professional Accountant with over 10 years of experience in corporate accounting and finance.
Ian Neill - V.P. Exploration - Ian Neill is a registered professional geologist with over 25 years of experience in leadership and discovery.
Technical Advisors
Eric Strom - Eric brings more than 23 years of engineering, operational and project experience.
Chris Haubrich - Chris Haubrich is a mining finance professional and registered Professional Mining Engineer with over a decade of experience in mergers and acquisitions, corporate strategy, capital markets, operations, and engineering consulting in the mining industry.
Chris Lee - Mr. Lee is a registered professional geologist with over 25 years of experience in mineral exploration and resource evaluation.
Phil Smerchanski - Mr. Smerchanski is a registered professional geologist and has more than 15 years of exploration experience.
Glen Garratt - Mr. Garratt completed a B.Sc. in Geology from the University of British Columbia in 1972 and has pursued a career in mineral exploration since that time. In 1986 Mr. Garratt co-founded Eastfield Resources Ltd., a TSX-Venture Exchange listed company, which focused on mineral exploration in western North America.
Bill Morton - Mr. Morton has been a Professional Geologist since 1972 and is a Member of the BC Association of Professional Engineers and also a Member in good standing with the Association of Professional Engineers and Geoscientists of British Columbia.
Board of Directors
Dr. Mark O’Dea - Executive Chair - Dr. O’Dea, Founder of Oxygen Capital Corp., has built and financed international mining companies from Canada to Africa. Most recently, Dr. O’Dea was awarded the PDAC’s 2021 Viola MacMillan Award for building and financing several international mining companies, taking them from exploration and discovery to development and operations.
David Moore - Director - Mr. Moore served as the President and CEO of Serengeti Resources from 2004, through the successful merger with Sun Metals and launch of NorthWest Copper in 2021.
Rick Bailes - Director - Mr. Bailes was a Director of Sun Metals through the successful merger with Serengeti Resources and launch of NorthWest Copper in 2021.
Teodora Dechev - Director - Ms. Dechev brings over 20 years of investment banking experience and has participated in financings for more than half a billion dollars in the mining sector.
Lewis Lawrick - Director - is curretly the Managing Director of Thorsen-Fordyce Merchant Capital Inc., a private Toronto based merchant bank focused principally on the mineral industry.
Sean Tetzlaff - Director - Sean Tetzlaff is an experienced financial professional with over 25 years of experience in the mining industry.
and let's not forget a major shareholder ...
Richard C. Atkinson, P.Eng. - Chairman of Fjordland Exploration Ltd.
Richard Atkinson is a mining engineer and mineral exploration executive with over 35 years experience managing and directing publicly listed exploration companies. Richard Atkinson, in his capacity as a private investor, is currently active in the restructuring and financing of mineral exploration ventures worldwide.
It seems to me that with Lots of Cash on hand, and, a Wealth of Experience from our Management Team, All Exploration and Development Programs will be targeted and expedited. I'm looking forward to the results of this years drilling programs and the beginnings of the pre feasibility study from Kwanika/Stardust. Good Luck to all shareholders.These are exciting times.... to be cont....