New Break Resources Ltd - Mining Stock Analysis & Updates
Latest News and Market Performance for New Break Resources Ltd
Perm ID: 1-5078678616
https://www.newbreakresources.ca/
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New Break Signs Definitive Agreement to Sell the Sundog Gold Project in Kivalliq, Nunavut
New Break Resources Ltd. has signed an agreement to sell its 100% interest in the Sundog gold project and associated assets to Guardian Exploration Inc. for $75,000 and 5 million common shares. New Break retains a 20% interest and the deal awaits regulatory approvals.
New Break Provides Corporate Update, William Love Appointed as CEO and Director and Michael Farrant as President and CFO
New Break Resources Ltd. is selling an 80% stake in the Sundog gold project to Guardian Exploration for cash and shares, allowing it to focus on its Moray gold project. The company plans to advance Moray with new drilling programs following a recent IP survey.
New Break Signs LOI to Sell the Sundog Gold Project in Kivalliq Region, Nunavut
New Break Resources Ltd. has signed a LOI with Guardian Exploration Inc. to sell its 100% interest in the Sundog gold project and 205 drums of JetA fuel for $75,000 and 5 million shares. New Break will retain a 20% interest in Sundog, allowing it to focus on its Moray gold project.
New Break Closes Non-Brokered Private Placement Financing
New Break Resources Ltd. has closed its non-brokered private placement offering, issuing over 6 million units at $0.075 each, resulting in a gross income of $457,950. Each unit includes a common share and purchase warrant, allowing holders to buy more shares at a set price within two years. The funds will be used for exploration activities at the Moray gold project and for general capital purposes. All securities from this private placement will be held until March 16, 2025. The closing is subject to regulatory approvals.
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New Break Resources Ltd Presentation Update - 2025-05-16 - Minimal Update with...
Recent update to New Break Resources' documentation involves minor edits with no material changes to financial data, resource estimates, or strategic outlook.
