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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 Roscan Gold Corp V.ROS

Alternate Symbol(s):  RCGCF

Metals & Mining Gold
Roscan Gold Corporation is a Canada-based gold exploration stage company. The Company is focused on expanding its resource footprint in West Africa. The Company has assembled a significant land position in the prolific gold prospective Birimian rocks of west Mali. Its Kandiole Project consists of its exploration properties located in West Mali. Kandiole Project is comprised of approximately... see more

Bullboard (TSXV:ROS)

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Post by FirstClasson Sep 14, 2020 2:54pm

HERE YA GO ! LIVE MARKET DEPTH . ENJOY .

V:ROS 14:52:09 Price Size Orders Ask 0.445 34,000 2  ...more  
139
Comment by wilwalon Sep 14, 2020 10:45am

RE:Update with Thoughts?

I haven't had any management updates for a couple of weeks at least.  Bottom line is that based on what has been announced publicly so far, the stock is more or less fairly valued around .40. ...more  
137
Discussion
Post by FirstClasson Sep 14, 2020 9:52am

FIVE DRILLS SPINNING LIKE MAD ! HEATING UP !

V:ROS 09:49:22 Price Size Orders Ask 0.44 26,000 2  ...more  
110
Post by rockhead7on Sep 11, 2020 11:51am

update

I was told by someone very close to mngt that they were not going to do the usual penny stock sthick where they release results hole by hole as soon as the bit stops.  They were going to compile ...more  
182
Post by Horizon12on Sep 10, 2020 12:49pm

Update with Thoughts?

Anyone who knows what they're talking about (wilwal comes to mind) want to offer their thoughts on what's happening? Seems pretty dead lately. I'm guessing people are holding tight until ...more  
160
Discussion
Post by FirstClasson Sep 09, 2020 9:20am

Roscan Gold recovers 90% of Au from Mankouke South !$$$$$$$$

  Roscan Gold recovers 90% of Au from Mankouke South   2020-09-09 04:29 PT - News Release   Mr. Nana Sangmuah reports ROSCAN GOLD REPORTS POSITIVE PRELIMINARY METALLURGICAL ...more  
121
Post by juspam1on Sep 09, 2020 7:50am

news out

Roscan Gold Reports Positive Preliminary Metallurgical Test Results for its Mankouke South Target V.ROS | 1 hour ago Toronto, Ontario--(Newsfile Corp ...more  
92
Post by FirstClasson Sep 08, 2020 8:27am

Strikepoint Gold Announces $2M Non-Brokered Private P !

  ORIGINAL: Strikepoint Gold Announces $2M Non-Brokered Private Placement   2020-09-08 05:00 PT - News Release   Vancouver, British Columbia--(Newsfile Corp. - September 8 ...more  
109
Comment by Monctonguyon Sep 03, 2020 5:13pm

RE:Ads

Yes! And it's super annoying. I follow many stocks on here and it seems as though this bell ad is on all the boards I follow. I hate it 
95
Discussion
Post by Horizon12on Sep 03, 2020 12:16pm

Ads

Is everyone else seeing these stockhouse @ the bell ads taking over recently?
182
Discussion
Post by wilwalon Aug 31, 2020 10:54am

August Investor Deck....

.....shows that drilling is ongoing in 8 of 10 of their targets with the final two in the planning stage.
145
Post by Pat19xxon Aug 31, 2020 7:49am

Euro side look good like .44$ Can

2OJ.F - RosCan Gold Corporation Frankfurt - Frankfurt Delayed Price. Currency in EUR   0.2800 +0.0400 (+16.67%) As of 1:17PM CEST ...more  
115
Comment by wilwalon Aug 30, 2020 1:57pm

RE:Predictions

With all those drills turning, I think we can expect to hear of 3-5 new discoveries over the next 3 months, plus expanded results on existing deposits of Mankouke South and Kambaya.  A total of 5 ...more  
185
Discussion
Post by rockhead7on Aug 30, 2020 10:04am

Predictions

Obviously those of us on the outside are not privvy to the results, but there are clues.  The fact that they are adding a fifth rig speaks volumes, if they did not like what they were seeing they ...more  
226
Discussion
Post by CruxInvestoron Aug 28, 2020 12:14pm

Crux Investor Interview

Hi here is the link to our recent interview with Nana Bompeh Sangmuah pf $ROS: https://youtu.be/86u8zd2WKV8 nterview with Nana Bompeh Sangmuah, President & CEO of Roscan Gold (TSX-V: ROS) Gold ...more  
176
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