TYE Troymet Exploration

Bessor Renegotiates Redhill Option Payments

Bessor Renegotiates Redhill Option Payments

NANAIMO, British Columbia, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Bessor Minerals Inc. (TSXV:BST) (“Bessor”) is pleased to announce that it and Homegold Resources Inc. have agreed to modify certain terms of the Redhill project Option Agreement. The original Agreement required a $40,000 cash option payment in 2019 and 2020. In the modified Agreement, the 2019 option payment will comprise $7,500 cash and 300,000 shares while the 2020 option payment will comprise $12,500 cash, 500,000 shares and a further exploration expenditure of $100,000 or the option is terminated. As well, the final option payment due on the tenth anniversary has been increased by $20,000 to $255,000. The amendments are subject to TSX Venture Exchange approval.

BESSOR MINERALS INC.

Kieran Downes, Ph.D., P.Geo.

President, CEO & Director

For further information, contact:

Investor Relations

Tel: 250-729-0453

Email:

Website:   

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

EN
07/08/2019

Underlying

TYETroymet Exploration

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Troymet Exploration

 PRESS RELEASE
Free
TYE Troymet Explora...

Bessor Renegotiates Redhill Option Payments

Bessor Renegotiates Redhill Option Payments NANAIMO, British Columbia, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Bessor Minerals Inc. (TSXV:BST) (“Bessor”) is pleased to announce that it and Homegold Resources Inc. have agreed to modify certain terms of the Redhill project Option Agreement. The original Agreement required a $40,000 cash option payment in 2019 and 2020. In the modified Agreement, the 2019 option payment will comprise $7,500 cash and 300,000 shares while the 2020 option payment will comprise $12,500 cash, 500,000 shares and a further exploration expenditure of $100,000 or the optio...

August 7, 2019 1 EN
 PRESS RELEASE
Free
TYE Troymet Explora...

Bessor Closes Second and Final Tranche of Common Share Private Placeme...

Bessor Closes Second and Final Tranche of Common Share Private Placement NANAIMO, British Columbia, June 14, 2019 (GLOBE NEWSWIRE) -- Bessor Minerals Inc. (formerly, Troymet Exploration Corp.) (TSXV:BST) (“Bessor”) announces that, further to its March 4, 2019 and May 31, 2019 news releases, Bessor has closed the second and final tranche of its common share private placement, issuing 1,550,000 common shares at a price of $0.05 per common share for gross proceeds of $77,500.00, subject to final acceptance from the TSX Venture Exchange. The aggregate total gross proceeds raised from both tra...

June 14, 2019 1 EN
 PRESS RELEASE
Free
TYE Troymet Explora...

Bessor Closes First Tranche of Common Share Private Placement

Bessor Closes First Tranche of Common Share Private Placement NANAIMO, British Columbia, May 31, 2019 (GLOBE NEWSWIRE) -- Bessor Minerals Inc. (formerly, Troymet Exploration Corp.) (TSXV:BST) (“Bessor”) announces that, further to its March 4, 2019 news release, Bessor has closed the first tranche of its common share private placement, issuing 5,700,000 common shares at a price of $0.05 per common share for gross proceeds of $285,000. These common shares are subject to a hold period that expires on ‎October 1, 2019. The net proceeds of the private placement will be used for general corpora...

May 31, 2019 1 EN
 PRESS RELEASE
Free
TYE Troymet Explora...

Bessor Shareholders Approve All Matters at AGM

Bessor Shareholders Approve All Matters at AGM NANAIMO, British Columbia, May 15, 2019 (GLOBE NEWSWIRE) -- Bessor Minerals Inc. (formerly, Troymet Exploration Corp.) (TSXV:BST) (“Bessor”) is pleased to announce that all matters set forth in the management proxy and information circular dated April 5, 2019 were approved by the shareholders of Bessor at Bessor's annual general and special meeting (the “Meeting”) of shareholders held on May 15, 2019. All directors as set forth in the circular were re-elected, with each director receiving over 99.5% of the votes being cast at the Meeting for...

May 15, 2019 1 EN
 PRESS RELEASE
Free
TYE Troymet Explora...

Troymet Announces Name Change to Bessor Minerals Inc. and Share Consol...

Troymet Announces Name Change to Bessor Minerals Inc. and Share Consolidation NANAIMO, British Columbia, April 09, 2019 (GLOBE NEWSWIRE) -- Troymet Exploration Corp. (“Troymet” or the “Company”) is pleased to announce that, further to its news release dated March 4, 2019, it will change its name to “Bessor Minerals Inc.” effective Thursday, April 11, 2019, and consolidate its common shares on the basis of one (1) new common share for every existing ten (10) common shares. Where the exchange results in a fractional share, the number of common shares will be rounded to the ‎nearest whole co...

April 9, 2019 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch