Alpha Exploration Ltd - Mining Stock Analysis & Updates
Latest News and Market Performance for Alpha Exploration Ltd
Perm ID: 1-5065976294
https://alpha-exploration.com/
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Alpha Exploration Closes First Tranche of Private Placement Financing
Alpha Exploration Ltd. has closed a non-brokered private placement, raising $3.2 million by issuing 4.57 million units at $0.70 each. Proceeds will fund exploration in Eritrea and cover operational costs. Insider participation classifies it as a related party transaction.
Alpha Exploration Announces Private Placement Financing
Alpha Exploration Ltd. is conducting a non-brokered private placement to raise up to C$6 million by offering units at C$0.70 each, with proceeds aimed at funding exploration in Eritrea and covering operational expenses. Closing is expected around April 9, 2025.
Alpha Exploration Announces Additional New Drill Results from the Aburna Gold District, Kerkasha Project, Eritrea
Alpha Exploration Ltd. announced new drill results from its Kerkasha Project in Eritrea, highlighting significant gold mineralization at the Aburna site, particularly in the Hill 52 and Central areas. Assays from 25 drillholes support existing models of mineralization controls.
Alpha Exploration Announces Resignation of Officer
Alpha Exploration Ltd. announces the retirement of CEO Michael Hopley effective December 31, 2024. He will remain as a director and Chairman. Timothy Livesey has been appointed Interim CEO, bringing over 35 years of industry experience to the role.
Alpha Exploration Announces New Drill Results from the Aburna Gold District Including 29 Meters Averaging 2.89 g/t Gold at Hill 52 Prospect, and 8 Meters Averaging 3.77 g/t Gold at the Northeast Prospect
Alpha Exploration Ltd. has announced initial drilling results from its Aburna orogenic gold prospect within its Kerkasha Project in Eritrea. The prospect is one of three significant discoveries by Alpha on this license, covering an area of at least 7km long and 2km wide. Assays from 20 holes completed in July 2024 have been received, showing promising results from both the Hill 52 and Northeast areas. Drill samples from the second and third quarters of 2024 are now being prepared for assay. The results indicate significant gold mineralization, extending the Northeast Prospect's strike length to over 650m.
Alpha Exploration Announces Results of Annual General Meeting of Shareholders
Alpha Exploration Ltd. held its annual general meeting on November 6, 2024, where all agendas were approved. About 55.10% of shares were represented at the meeting. Five directors were elected, and Davidson & Company LLP was appointed as the corporation's auditors. Additionally, the corporation's stock option plan was approved.
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Alpha Exploration Ltd Presentation Update - 2025-04-25 - Minor Updates to...
The report for Alpha Exploration Ltd shows minor updates with no significant changes to financial data, resource estimates, or outlook, maintaining original projections and valuation.
