Toronto, Ontario, JUNE 30, 2020 – Nubian Resources Ltd. (TSX-V:NBR) (“Nubian” or the “Company”) announces that, further to its press releases of May 28 and June 25, 2020, the Company has closed the private placement financing (the “Private Placement”) oversubscribed with the issuance of 11,763,542 units at a price of $0.15 per unit for gross proceeds of $1,764,531.
Nubian Provides Update on Private Placement
Toronto, Ontario, JUNE 25, 2020 – Nubian Resources Ltd. (TSX-V:NBR) (“Nubian” or the “Company”) announces that, further to its press release of May 28, 2020, the Company’s previously announced private placement financing (the “Private Placement”) has been oversubscribed. The Company now intends to complete the Private Placement by issuing and selling 11,763,542 units at a price of $0.15 per unit for gross proceeds of $1,764,531.
Nubian signs binding letter of intent to acquire Advanced Gold Project
TORONTO, ONTARIO, MAY 28, 2020 – Nubian Resources Ltd. (TSX-V:NBR) (“Nubian” or the “Company”) is pleased to announce that on May 21, 2020 the Company entered into a binding letter of intent (“LOI”), subject to final due diligence and negotiation of definitive agreements, to acquire the Yandoit Gold Project, situated in the historic Daylesford gold corridor of central Victoria, Australia. The approximately 38 square kilometre (3,800 ha) property consists of one Mining Licence and one Exploration Licence, collectively the “Project”. The vendor, B.S.B. Mining Pty Ltd. (“BSB Mining”), an arm’s length party to Nubian, is currently finalizing the purchase of a second Exploration Licence that has six historic gold mines.
Nubian Announces Annual Meeting Results
FEBRUARY 10, 2020 – Nubian Resources Ltd. (the “Company”) (TSX VENTURE: NBR) is pleased to announce the results of its annual and special meeting of shareholders held January 29, 2020 (the “Meeting”). A total of 16,508,500 common shares of the Company were voted at the Meeting representing approximately 54.5% of the total number of issued and outstanding shares of the Company. All matters presented at the Meeting were unanimously approved by shareholders including the re-election of directors Markus Janser, Chairman, Martin Walter, David Fynn and Larry Treadgold, the election of new directors Scott Jobin-Bevans and Campbell Smyth, the appointment of Morgan & Company LLP Chartered Accountants as Auditors for the ensuing year and re-authorization of the Company’s 10% rolling stock option plan.
Nubian Appoints Campbell Smyth
NOVEMBER 18, 2019 – Nubian Resources Ltd. (“Nubian” or the “Company”) (TSX VENTURE: NBR) announces that Campbell Smyth has joined Nubian’s Board as an advisor. Campbell Smyth has extensive experience in the investment banking industry in both fund management and capital raising. After graduating from the University of Western Australia in Finance, Campbell commenced his finance career in London, UK in derivative trading before moving to Lion Resource Management to co-manage their mining funds, which encompassed mutual and specialist portfolios in the equity and commodity sectors, that grew to be among the top performing sector funds in their class in 1996 and 1997. Specializing in small cap TSXV and ASX listed companies, the funds were substantial investors in notable growth stocks which led to M&A
Nubian Announces Director Appointment
SEPTEMBER 17, 2019 – Nubian Resources Ltd. (“Nubian” or the “Company”) (TSX VENTURE: NBR) is pleased to announce the appointment of Dr. Scott Jobin-Bevans to the Company’s board of directors. Dr. Jobin-Bevans has 30 years’ experience in mineral exploration, mineral processing, and management and administration, with over 17 years public company experience. He is a current director and Vice President, Exploration for International Prospect Ventures Ltd. and a former director and President & CEO of Treasury Metals Inc. Dr. Jobin-Bevan has a Ph.D. in Geology, is a registered geoscientist with the Association of Professional Geoscientists of Ontario (APGO) and was President of the Prospectors and Developers Association of Canada (PDAC) from 2010 to 2012. As Principal Geoscientist of Caracle Creek Chile SPA, located in Santiago, Chile, he can provide Nubian with a South American presence, project support and opportunities for new projects.
Nubian Announces update on Equilache Silver-Lead-Zinc Project Acquisition Agreement
JANUARY 18, 2019 – Nubian Resources Ltd. (“Nubian” or the “Company”) (TSX VENTURE: NBR) announces that it has entered into an amendment agreement with Zinc One Resources Inc. (“Zinc One”) on the acquisition terms relating to the Company’s purchase of its Esquilache silver-lead-zinc project (“Esquilache”) from Zinc One as previously disclosed in press releases issued September 19 and November 28, 2017. Under the revised terms, the four annual advance Net Smelter Return payments of $162,500 have been amended to provide for payments of $22,500 paid on December 27, 2018, the anniversary date of the registration of the acquisition agreement in Peru, $78,613 on July 5, 2019, $37,121 on October 5, 2019, $56,373 on January 5, 2020, and twenty-three payments of $20,313 commencing April 5, 2020 and ending October 5, 2025 on the 5th day of April, July, October and January.
Nubian Closes Private Placement Fully Subscribed
AUGUST 2, 2018 – Nubian Resources Ltd. (“Nubian” or the “Company”) (TSX VENTURE: NBR) is pleased to announce that further to its press release of July 30th, 2018, the Company has received the final subscription funds to close the $500,000 private placement, pursuant to receipt of subscriptions for 2,000,000 units at a price of CDN $0.25 per unit, with each unit comprising one common share and one-half of a transferable share purchase warrant (a “Warrant”), and with each whole Warrant exercisable for a period of 24 months at $0.40 from the date of issuance (the “Units”, and the “Private Placement”, previously announced on May 29, 2018). The Company closed the first tranche through the issuance of 1,600,000 Units on July 24, 2018 and the second tranche through the issuance of 400,000 Units on August 1, 2018.
Nubian Finalizes Acquisition of Esquilache Silver-Lead-Zinc Project and Closes First Tranche of $500,000 Private Placement
JULY 30, 2018 – Nubian Resources Ltd. (“Nubian” or the “Company”) (TSX VENTURE: NBR) is pleased to announce that the Company has finalized the previously announced acquisition of the Esquilache silver-lead-zinc project (“Esquilache”) from Zinc One Resources Inc. (“Zinc One”) through the issuance of 1,638,151 common shares to Compañia Minera Vensix S.A.C., a company owned by Zinc One. The closing of the Esquilache acquisition has been approved by the TSX Venture Exchange (“TSXV”).
Nubian Appoints Corporate Advisor
VANCOUVER, June 21, 2018 /CNW/ - Nubian Resources Ltd. (the "Company") (TSX VENTURE: NBR) is pleased to announce that it has engaged the services of Small Cap Invest Ltd. ("SCI"), a Frankfurt-based business development and corporate advisory firm. Alex Friedrich is the President and Chief Executive Officer of SCI.
Nubian Announces Private Placement Financing
VANCOUVER, May 29, 2018 /CNW/ - Nubian Resources Ltd. (the "Company") (TSX VENTURE: NBR) is pleased to announce a non-brokered private placement of 2,000,000 units ("Units") at a price of CDN $0.25 per Unit to raise gross proceeds of CDN $500,000 (the "Private Placement"). Each Unit will consist of one common share in the capital of the Company and one-half of a transferable share purchase warrant.
Nubian Files Esquilache Technical Report
MAY 15, 2018 – Nubian Resources Ltd. (the “Company”) (TSX VENTURE: NBR) is pleased to announce that the Company has filed a National Instrument43-101 technical report on the past producing Esquilache Polymetallic Silver mine located in Southern Peru. The report was compiled by Dr. Neal Reynolds, Principal Consultant of CSA Global Canada Geosciences Ltd., a worldwide geological mining consulting group. The technical report outlines the project’s geological setting, mineralization and includes historical mining and exploration data.
Nubian Strengthens Management Team
MARCH 2, 2018 – Nubian Resources Ltd. (the “Company”) (TSX VENTURE: NBR) is pleased to announce the appointment of William R. (Rick) Brown in the role of General Manager, South America and Ashley Martin in the role of Business Development.
Martin Walter, President and CEO stated, “We are very pleased to have Rick and Ashley join the Nubian team. Their extensive experience will be key for Nubian in Peru as the Company progresses towards its acquisition of the Esquilache silver-lead-zinc project where CSA Global Pty Ltd. has completed their site visit. We anticipate the 43-101 technical report to be filed this month.”
Nubian Announces Annual Meeting Results and Provides Update on Acquisition of the Esquilache Silver-Lead-Zinc Project, Southern Peru
JANUARY 29, 2018 – Nubian Resources Ltd. (the “Company”) (TSX VENTURE: NBR) is pleased to announce the results of its annual general and special meeting of shareholders held January 24, 2018 (the “Meeting”). All matters presented at the Meeting were approved by shareholders including the re-election of directors Markus Janser, Chairman, Martin Walter, David Fynn and Larry Treadgold, the appointment of Morgan & Company LLP Chartered Accountants as Auditors for the ensuing year and re-authorization of the Company’s 10% rolling stock option plan.
Nubian Finalizes Due Diligence to Acquire 100% of the Esquilache Silver-Lead-Zinc Project, Southern Peru from Zinc One Resources
Nubian Resources Ltd. (the “Company”) (TSX VENTURE: NBR) announces that the Company has completed its due diligence on the acquisition of the Esquilache silver-lead-zinc project comprising the historical Esquilache underground lead-zinc mine and adjacent Virgen de Chapi prospect located in the Puno Department of Southern Peru from Zinc One Resources Inc. (“Zinc One”).