
June 14, 2022
New Break Resources Ltd. has a gold-focused portfolio that illustrates the Company’s commitment to precious metals. New Break is currently in the process of going public, having submitted a preliminary prospectus to the Ontario Securities Commission in early May 2022 and expects to list on the Canadian Securities Exchange in the coming weeks. New Break currently has 39,030,750 shares outstanding.
New Break’s flagship Moray Project, is situated in the Abitibi greenstone belt on a splay off of the Cadillac-Larder Lake fault zone, with access to excellent infrastructure, located 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. (TSX:AGI; NYSE:AGI). In total, the Abitibi gold belt has produced over 190 million ounces of gold since 1901 and currently features over 20 gold deposits containing over 3 million ounces of gold in each deposit.

New Break’s flagship Moray Project, is situated in the Abitibi greenstone belt on a splay off of the Cadillac-Larder Lake fault zone, with access to excellent infrastructure, located 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. (TSX:AGI; NYSE:AGI). In total, the Abitibi gold belt has produced over 190 million ounces of gold since 1901 and currently features over 20 gold deposits containing over 3 million ounces of gold in each deposit.
Company Highlights
- New Break expects to soon be publicly traded on the Canadian Securities Exchange after filing a preliminary prospectus with the Ontario Securities Commission on May 6, 2022.
- The Company holds a 100% interest in multiple projects in two of the most prospective regions in Canada for gold exploration, the Abitibi in Ontario and Kivalliq Region in Nunavut.
- New Break has been awarded a CDN$200,000 grant from the Ontario Junior Exploration Program to help advance its fully permitted Moray Project, south of Timmins.
- Strong management and a highly skilled majority independent Board with backgrounds in finance, geology, capital markets, mergers and acquisitions and law, champion value creation, placing a premium on Environmental, Social and Corporate Governance.
- World class technical advisory group including Ashley Kirwan and Orix Geoscience Inc., Ken Reading, Gordon Morrison and Peter Hubacheck with Nunavut community and government relations represented by John Todd, politician, advisor to Agnico Eagle and friend to the Inuit.
This New Break Resources company profile is part of a paid investor education campaign.*
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