Kerr Mines Announces Name Change to Arizona Gold Corp. (TSX: AZG) and Announces Results of 2020 Annual Meeting TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (, OTCQB: KERMF), announces that it has completed a corporate name change to Arizona Gold Corp. (“Arizona Gold” or the “Company”) which more appropriately reflects the Company’s focus with the restart of production at its 100 per cent owned Copperstone gold project located in Arizona. Giulio T. Bonifacio, Chief Executive Officer stated: “The company believes the new name provides a fresh perspective as we now enter the n...
Kerr Mines Provides Corporate Update and Adds Additional Drill Rigs TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTCQB: KERMF) (“Kerr” or the “Company”) is pleased to provide a corporate and drilling update at its 100% owned Copperstone gold project located in Arizona, United States. Giulio T. Bonifacio, Chief Executive Officer of Kerr, stated: “We are very pleased to now be entering the next and most exciting value add phase of Copperstone’s development cycle. Our recently closed project funding transaction will now allow Kerr to move forward with detailed eng...
Kerr Mines and Star Royalties Close US$18 Million Project Financing for Restart of the Copperstone Gold Mine TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF) (“Kerr” or the “Company”) and Star Royalties Ltd. (“Star Royalties”) are very pleased to jointly announce the closing of the first installment of their previously announced US$18,000,000 gold purchase and sale agreement (“Streaming Agreement”) which will be used to finance the restart of underground operations and gold production at the Copperstone Gold Mine (“Copperstone”) in Arizona, USA. Giulio T....
Kerr Mines and Star Royalties Announce US$18 Million Project Financing for Restart of the Copperstone Gold Mine TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF) (“Kerr” or the “Company”) and Star Royalties Ltd. (“Star Royalties”) are very pleased to jointly announce the execution of a definitive US$18,000,000 gold purchase and sale agreement (“Streaming Agreement”) to finance the restart of underground operations and gold production at the Copperstone Gold Mine (“Copperstone”) in Arizona, USA. Giulio T. Bonifacio, Chief Executive Officer of Kerr, st...
Kerr Mines Advances Drilling at Copperstone Gold Project TORONTO, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF) (“Kerr” or the “Company”) is pleased to provide an update on its resource expansion drilling program at its Copperstone gold project located in Arizona, United States. Kerr Mines is currently drilling the fourth out of up to 20 drill holes for the surface drilling program with drill assays currently pending. The four holes are, by design, focused on resource expansion with two holes drilled in the recently discovered Footwall zone with the remaining ...
Kerr Mines 2020 Drilling & Project Update TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (, OTC: KERMF), (“Kerr” or the “Company”) provides an update of recent project developments at its 100% owned Copperstone gold project located in Arizona, USA. 2020 Resource Expansion and Drilling UpdatePositive results from the Company’s 2019 successful drilling program totaling 5,000 meters have been incorporated into our planning for the second phase of resource expansion drilling of up to 10,000 meters. The second phase of resource expansion drilling has commenced with a drill cont...
Kerr Mines Announces Closing of $5 Million Bought Deal Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce that it has closed its previously announced bought deal financing for aggregate gross proceeds of $5,000,800 (the “Offering”). Pursuant to the Offering, the Company issued a total of 35,720,000 units of t...
Kerr Mines Enters Into Agreement to Acquire a 3% Gross Production Royalty at Copperstone Gold Mine NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, July 27, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce it has entered into an agreement to acquire a 3% Gross Production Royalty (“Royalty”) from Trans Oceanic Mineral Company Ltd. (“TOMCL”), which will reduce the aggregate Royalt...
Kerr Mines Announces Upsize to Bought Deal Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, July 14, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce that it amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), Haywood Securities Inc. (the “Underwriter”), has agreed to buy, on a b...
Kerr Mines Announces C$3 Million Bought Deal Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, July 13, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (the “Underwriter”), under which the Underwriter has agreed to buy, on a bought deal basis, 21,500,000 units of the Company (the “Units”), at a price...
Kerr Mines Plans First Phase of 2020 Drilling Program at Copperstone TORONTO, April 23, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce its plans for the first phase of its 2020 resource and reserve expansion program which will consist of an initial 5,000 meters and up to 44 holes of both core and reverse circulation drilling at the Copperstone Mine located in Arizona, USA. Based on a very successful 2019 drilling program, this success driven drilling program is comprised of two phases, the first of which totaling 5,000 meters is n...
KERR MINES CLOSES FINANCING WITH SPROTT RESOURCE LENDING TORONTO, March 23, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (, OTC: KERMF) (“Kerr” or the “Company”), announces the completion of its previously announced financing by Sprott Private Resource Lending (Collector), LP (“Sprott”) of an additional US$500,000 (approx. CDN$725,000) under its current US$1.5 million senior secured convertible note (“the “Sprott Note”). The Sprott Note bears interest at a rate of 9% per annum payable semi-annually. The maturity date of the Sprott Note has also been extended to May 31, 2021. The new US$500...
Kerr Mines Closes Oversubscribed Private Placement; Increases and Extends Convertible Note Financing With Sprott Resource Lending TORONTO, Feb. 28, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (, OTC: KERMF) (“Kerr” or the “Company”), announces the closing of its non-brokered private placement raising gross proceeds of $3.21 million (the “Offering”). The Offering, previously announced on February 11, 2020 and targeting proceeds of $2.5 million, was oversubscribed due to investor demand. Furthermore, Sprott Private Resource Lending LP has agreed to increase its current US$1.5 million senior se...
Kerr Mines Announces CDN$2.5 Million Private Placement TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (, OTC: KERMF), (“Kerr” or the “Company”), announces that it proposes to offer on a non-brokered private placement basis up to 18 million units (the “Units”) of the Company offered at CDN$0.14 per Unit for total gross proceeds of up to CDN$2.5 million (the “Offering”). Each Unit will consist of one common share ( a “Common Share”) in the capital stock of the Company and one common share purchase warrant (a “Warrant”), with each Warrant entitling the holder thereof to purchase...
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