|
30.05.25 - 00:15
|
Guardian Enters into Term Loan Agreements with Affiliated Corporations (The Newswire)
|
|
Calgary, Alberta – May 29, 2025 – TheNewswire - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (the “Corporation” or “Guardian”) announces that it has entered into term loan agreements with Deckland Inc. (“Deckland”) and Guardian Helicopters Inc. (“GHI” and together with Deckland, the “Lenders”).
As previously announced by the Corporation on November 10, 2022, the Corporation and the Lenders are currently parties to a loan agreement with respect to a revolving loan to be used by the Corporation to fund working capital requirements (the “Revolving Loan Agreement”). The Corporation has rolled $442,097 of the amount previously loaned by Deckland under the Revolving Loan Agreement into a term loan having a principal amount of $442,097 and $745,605 of the amount previously loaned by GHI under the Revolving Loan Agreement into a separate term loan having a principal amount of $745,605 (collectively the “Term Loans”).
Term Loans mature three yea...
|
|
02.05.25 - 15:15
|
Guardian Completes Acquisition of Sundog Gold Project in Kivalliq, Nunavut (The Newswire)
|
|
Calgary, Alberta - TheNewswire - May 2, 2025 - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Company”) is pleased to announce that it has completed the acquisition of the 100% interest in the mineral rights and exploration data associated with the 9,415 hectare Sundog gold project located in Kivalliq Region, Nunavut (the “Sundog Property”) formerly owned by New Break Resources Ltd. (CSE: NBRK) (“New Break”) held pursuant to an Inuit Owned Lands Mineral Exploration Agreement (“MEA”) and 60 drums of JetA fuel located in Arviat, Nunavut (together with the Sundog Property, the “Assets”). The proposed acquisition was originally announced on December 9, 2024.
In consideration for the Assets, Guardian has issued 5,000,000 common shares in the share capital of the Company to New Break and has made a cash payment of $75,000. Guardian also reimbursed New Break for the $18,830 it paid for the 2024-2025 annual rent with respect to the Sundog Prope...
|
|
|
10.04.25 - 22:15
|
Guardian Signs Definitive Agreement for Acquisition of Sundog Gold Project in Kivalliq, Nunavut (The Newswire)
|
|
Calgary, Alberta, April 10, 2025 – TheNewswire - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Company”) is pleased to announce that it has signed a definitive agreement (the “Agreement”) with New Break Resources Ltd. (CSE: NBRK) (“New Break”) for the purchase (the “Acquisition”) of New Break's 100% interest in the mineral rights and exploration data associated with the 9,415 hectare Sundog gold project located in Kivalliq Region, Nunavut (“Sundog”) held pursuant to an Inuit Owned Lands Mineral Exploration Agreement (“MEA”) and 60 drums (12,300 litres) of JetA fuel located in Arviat, Nunavut (collectively the “Assets”). The proposed acquisition was originally announced on December 9, 2024.
In consideration for the Assets, upon closing, Guardian will issue 5,000,000 common shares in the share capital of the Company to New Break and make a cash payment of $75,000. In addition, Guardian will pay $18,830 to New Break as reimb...
|
|
21.02.25 - 22:15
|
Guardian Provides Update re. Action Against Site Exploration Mining Company (The Newswire)
|
|
Calgary, Alberta – TheNewswire - February 21, 2025 - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Corporation”) reports that Site Exploration Mining Company (“SEMC”) David Ransom and Cameron Petricevic have filed a counterclaim against the Corporation in response to the Corporation's claim against SEMC and Messrs Ransom and Petrocevic announced on June 25, 2024.
The counterclaim seeks damages in the amount of $3,300,000, special damages to be proven at trial, interest and costs.
The Corporation believes the counterclaim to be frivolous and without merit and has filed a statement of defence in response to the counterclaim.
About Guardian Exploration Inc.
Guardian is a TSXV listed company (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) in the business of oil and gas as well as mineral exploration and development. Guardian's first prospect is the Mount Cameron Property located in the Yukon's Mayo Mining District. Guardian also holds m...
|
|
|
09.12.24 - 15:00
|
Guardian Exploration Signs LOI for Acquisition of the Sundog Gold Project in Kivalliq, Nunavut (The Newswire)
|
|
Calgary, Alberta – TheNewswire - December 9, 2024 - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Company”) is pleased to announce that it has entered into a non-binding letter of intent (the “LOI”) with New Break Resources Ltd. (CSE: NBRK) (“New Break”) for the purchase (the “Acquisition”) of New Break's 100% interest in the mineral rights and exploration data associated with the 9,415 hectare Sundog gold project located in Kivalliq Region, Nunavut (“Sundog”) held pursuant to an Inuit Owned Lands Mineral Exploration Agreement (“MEA”) and 205 drums of JetA fuel located in Arviat, Nunavut (collectively the “Assets”). In consideration, upon closing Guardian will issue 5,000,000 common shares in the share capital of the Company to New Break and make a cash payment of $75,000. It is proposed that Guardian will assume all of the obligations under the MEA including the annual exploration expenditure requirements and annual rent...
|
|
20.11.24 - 15:02
|
Guardian Exploration Announces Issuance of Stock Options (The Newswire)
|
|
Calgary, Alberta – TheNewswire - November 20, 2024 - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Corporation”) announces that it has issued 4,500,000 incentive stock options to its directors. Each option entitles the holder to purchase one common share in the capital of the Corporation at an exercise price per common share of $0.06 for a period of six years. The options will vest over a period of two years, with 12.5% of the options vesting three months after the date of issuance and the remaining options vesting 12.5% every three months.
The stock options are not transferrable. The common shares issued upon exercise of the stock options will be subject to a four-month resale restriction from the date of grant.
About Guardian Exploration Inc.
Guardian is a TSXV listed company (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) in the business of oil and gas as well as mineral exploration and development. Guardian's first prospect is th...
|
|
07.10.24 - 15:01
|
Guardian Exploration Announces Acquisition of Key Claims Covering the Historic Manto-style Clark Silver-Lead-Zinc Prospect, and Provides Corporate Update (The Newswire)
|
|
Calgary, Alberta – TheNewswire - October 7, 2024 - Guardian Exploration Inc. (TSX-V: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Corporation”) is pleased to announce that it has acquired, by claim staking, key ground covering the historic Clark prospect in the prolific Keno Hill silver district, central Yukon, Canada (Figure 1). The newly acquired claims are completely surrounded by the Mount Cameron Property (“Mount Cameron” or the “Property”), also 100% held by Guardian. The Property now comprises 154 Yukon quartz mining claims covering 2,970.4 hectares (7,336.9 acres) (Figure 2).
Click Image To View Full Size
Figure 1. Cameron Property Location Map
Click Image To View Full Size
Figure 2. Claim Map, Mount Cameron Property, including new claims
Mineralized Settings
Mineralization at Mount Cameron falls into two categories: structurally controlled polymetallic lead-zinc-silver ± copper (Pb-Zn-Ag ± Cu) veining, and “Manto-style” carbonate replacement-style Ag-Pb-...
|
|
25.06.24 - 15:01
|
Guardian Exploration Files Statement of Claim against Saudi Arabian Mining Company (SEMC), David Ransom and Cameron Petricevic (The Newswire)
|
|
Calgary, Alberta – TheNewswire - June 25, 2024. Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian”) announces that it has filed a Statement of Claim with the Court of King's Bench of Alberta against Site Exploration Mining Company (“SEMC”), David Ransom and Cameron Petricevic (the “Defendants”).
The Statement of Claim is in reference to a letter of intent (the “LOI”) for a proposed acquisition of SEMC by Guardian (the “LOI”) originally announced on December 5, 2023 (the “Transaction”).
During the due diligence process, it was discovered that SEMC was in default of its corporate filings and payment of annual fees, such that it was no longer a valid corporation in the Kingdom of Saudi Arabia. As a result, the timeframe to close the proposed transaction was not extended and the Transaction was not completed.
The Statement of Claim seeks damages from the Defendants with respect to the following allegations:
The Defendants made mi...
|
|