Colt Resources Inc. (TSXV:GTP, FRA:P01, OTCPINK:COLTF), has obtained an update on drilling results obtained from an additional hole drilled at its 100 percent owned Borba exploration concession in southern Portugal.
As quoted in the press release:
The Borba concession, recently reduced to 316.6 km2, is located in the Ossa-Morena zone of the Hercynian
Avrupa Minerals (TSXV:AVU) reported additional drill results from its current exploration program at the Sesmarias target area within its Avalade joint venture. The project is currently being operated by Avrupa and funded by Colt Resources (TSXV:GTP).
Colt Resources Inc. (TSXV:GTP) announced that its has completed the second and final tranche of its private placement for $1,340,923, for the gross total amount of $3,822,549. The company issued a total of 21,843,137 unit, which are comprised of one common share and one purchase warrant
Colt Resources (TSXV:GTP) has entered an agreement with CITC-GEM, whereby it has the option to issue and sell shares at its sole discretion and CITC-GEM is committed to buying common shares of Colt for aggregate proceeds of up to $30 million. Funds raised will be used to assist in the
Colt Resources (TSXV:GTP) associate company, Colt Resources Middle East entered into a Shareholders Agreement further to signature of an exclusivity agreement in May 2014 with Lake Resources (ASX:LKE). Under the Joint Venture Agreement, the joint venture Pakistani company called Chagai Resources has now been awarded the three licenses formerly held
Colt Resources (TSXV:GTP) announced the closing of a $2.5 million private placement on Wednesday.
Colt Resources Inc. (TSXV:GTP) announced that in connection with its previously announced offer for the conversion in shares of its senior secured dept in the aggregate principal amount of US$2.7 million, it has entered into agreements with all of its remaining note holders.
Colt Resources (TSXV:GTP) reported that it has settled with a former executive by issuing an aggregate of 1,866,354 common shares at a deemed price of CA$0.245.
Colt Resources Inc. (TSXV:GTP,FWB:P01,OTC:COLTF) reported its offer to convert shares of its senior secured debt of US$2,700,000 to all of its existing senior secured note holders. In connection with this, Colt entered an agreement with Mr. Richard Quesnel, one of the note holders, to issue 14,233,857 units at a deemed
Colt Resources (TSXV:GTP) reported that in April 2015, the Company increased its investment to 15.76% on its associate, Colt Resources Middle East (CRME). Colt Resources subscribed to 2,000,000 shares of CRME at a price of $0.20 per share. CRME is a private company that acquires near-term production assets in the
The top gainer was Alexander Nubia International, which was followed by GeoMegA Resources, Tirex Resources, Zenyatta Ventures and Colt Resources.
Alexander Nubia gained over 60 percent this past week despite releasing no news. Other significant gainers were Colt Resources, i-Minerals, Macusani Yellowcake and North Arrow Minerals.
Colt Resources (TSXV:GTP) has appointed Mr. Sabri Karahan as Director of the company. Mr. Karahan has extensive experience in mining operations, including engineering and management. He is currently the CEO and General Manager of DAMA Engineering of Ankara, Turkey, which serves the worldwide mining industry in the areas of exploration,
Colt Resources (TSXV:GTP) announced the appointment of former US Ambassador Hans H. Hertell to its Board of Directors. Ambassador Hertell was the second longest serving U.S. Ambassador in the world, sworn in as the United States Ambassador to the Dominican Republic on November 8, 2001 and finishing
Colt Resources Inc. (TSXV:GTP) announced it will issue 1,069,718 shares and 179,550 share purchase warrants at a weighted average deemed price of $0.12 in order to settle an aggregate debt of $132,543.
Colt Resources (TSXV:CAD) reported that drilling in the Gap Zone at its Tabuaço Tungsten Project in northern Portugal, specifically hole DHT-114, confirm continuity between the skarn tungsten mineralization intersected by 2012 hole DHT-88 and 2014 holes DHT-113 and DHT-115 . The set of 4 holes in the current drill program
Colt Resources (TSXV:GTP) announced the signing of a binding letter of intent with DSM Resource Corp. for an exclusive proposed earn-in arrangement, for the Boa Fe Montemor project in Portugal.
Colt Resources (TSXV:GTP) announced the first drill results from its Miguel Vacas copper project in Portugal. The company drilled two inclined holes to test mineralization in the vicinity of a previously mined pit in the area.
Amidst the end of this year’s tax-loss selling last week, some resource companies saw their stocks rally. Notably, Colt Resources saw its share price spike 178 percent.