Indigo Exploration Inc. Issues Shares for Debt
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that further to the news release of April 13, 2020, it has settled debt totaling $259,166.67 by the issuance of 3,000,000 shares (the "Settlement Shares") at a deemed price of $0.05 per share ($150,000) and 2,183,333 units at a deemed price of $0.05 per unit ($109,166.65). Each unit is comprised of one common share (the "Unit Shares") and one share purchase...
2020-06-01 8:05 PM EDT
Indigo Exploration Closes Djimbala Property Transaction, Mali
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has finalized the Option Agreement with Desert Gold Ventures Inc. ("Desert Gold") and its local Mali subsidiary, Desert Gold Mali SARL ("DGM"), to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold mine1, 21 kilometres...
2020-06-01 9:00 AM EDT
Indigo Exploration Inc. Announces Closing of Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") is pleased to announce that it has closed the non-brokered private placement announced by the Company on April 13, 2020 and May 8, 2020. The Company has issued 15,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $750,000. Each Unit is comprised of one common share and one share purchase warrant. Each warrant (a "Warrant") entitles the...
2020-05-19 9:00 AM EDT
Indigo Exploration Inc. Announces Increase of Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") announces that it has increased its previously announced private placement (the "Private Placement") (see news release dated April 13, 2020) from 10,000,000 units of the Company ("Units") to 15,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $750,000. All other terms and conditions of the Private Placement, as previously announced, will remain...
2020-05-08 4:15 PM EDT
Indigo Exploration Announces Date for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that the consolidation of the Company's issued and outstanding common shares on the basis of six (6) pre-consolidation shares for every one (1) post-consolidation share (the "Consolidation") will occur on May 5, 2020 (the "Effective Date"). As of the date of this news release, the Company has 92,019,316 common shares issued and outstanding. Upon completion...
2020-04-30 1:02 PM EDT
Indigo Exploration Announces Mali Property Acquisition, Corporate Restructuring including Share Consolidation, Debt Settlement and a Financing
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has signed an option agreement, as described in more detail below, with Desert Gold Ventures Inc. ("Desert Gold") and its local Mali subsidiary, Desert Gold Mali SARL ("DGM"), to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird Resources' 0.7 million oz Au...
2020-04-13 8:00 AM EDT
Indigo Exploration Regains Permit in Burkina Faso and Identifies Exploration Target
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has regained the Lati permit under a new name Lati 2 in Burkina Faso, West Africa. The 180.5 square kilometre permit lies in central Burkina Faso about 150 km west by road from the capital of Ouagadougou. In 2012, the Company conducted a reverse circulation drill program which identified a 2.5 kilometre long trend of wide (100m), low-grade gold...
2020-02-25 12:48 PM EST
Indigo Exploration Announces Shareholder Loans Advanced to Provide Short Term Funding for Working Capital and Administrative Expenses
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2019) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has entered into shareholder loan arrangements with certain shareholders of the Company to borrow a total of $100,000. The loans are not convertible into or repayable in equity or voting securities of the Company, and no bonus shares or bonus warrants will be issued in connection with the loans. The funds will used to provide the Company with general...
2019-07-11 10:25 AM EDT
Indigo Exploration Inc. Closes $230,500 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2018) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) has closed a non-brokered private placement of 7,683,334 units priced at $0.03 per unit for total gross proceeds of $230,500. Further to the Company's news release dated February 5, 2018, announcing the original private placement of up 7,000,000 units for gross proceeds of up to $210,000, the number of units offered was subsequently increased to 7,683,334. Each unit is comprised of...
2018-03-06 5:07 PM EST
Indigo Exploration Increases Non-Brokered Private Placement up to 7,683,333 Units
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2018) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") is pleased to announce that it has increased a non-brokered private placement (the "Offering") previously announced on February 5, 2018 from up to 7,000,000 units (the "Units") to up to 7,683,333 Units at a price of $0.03 per Unit for gross proceeds of up to $230,500. Each Unit is comprised of one common share and one share purchase warrant, each warrant entitling...
2018-02-20 9:00 AM EST
Indigo Exploration Announces Non-Brokered Private Placement of up to 7,000,000 Units
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2018) - Indigo Exploration Inc.(TSXV: IXI) (FSE: INE) (the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 7,000,000 units (the "Units") of the Company at a price of $0.03 per Unit for gross proceeds of up to $210,000. Each Unit is comprised of one common share and one share purchase warrant, each warrant entitling the holder to purchase one additional common share at a price of $0.05 per...
2018-02-05 3:21 PM EST
Indigo Exploration Inc. Updates Status of Hantoukoura Permit
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2017) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that the Minister of Mines of Burkina Faso has made a decision to temporarily suspend access to the Company's Hantoukoura permit until the border with Niger is physically demarcated. The Minister's current position is that no exploration work will be allowed on the permit during the suspension period. The Minister has agreed that the permit will remain...
2017-11-24 9:00 AM EST
Indigo Exploration Inc. Announces Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2017) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) announces that at its annual general meeting held on September 20, 2017, shareholders re-elected Paul Cowley, Thomas Henricksen, Marino Sveinson, and Lorne Warner to the board of directors for the ensuing year. Keir Reynolds did not stand for re-election. Shareholders also re-approved the Company's "10% rolling" stock option plan and re-appointed Charlton and Company, Chartered...
2017-09-21 12:34 PM EDT
Indigo Exploration Inc. Reacquires Kodyel Permit Area under New Hantoukoura Permit in Burkina Faso
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2017) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) is pleased to announce that it has reacquired the full original Kodyel permit area via the granting of the new Hantoukoura permit from the Minister of Mines of Burkina Faso. The Hantoukoura permit, covering 238 square kilometres, is valid for three years and renewable for up to 6 additional years. The Kodyel permit was the Company's flagship permit located near the Niger border but...
2017-06-20 4:30 PM EDT
Indigo Exploration Inc. Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2016) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) has granted an aggregate of 2,600,000 stock options, subject to the terms and conditions of the Company's stock option plan, to directors, officers, employees, and consultants of the Company. The stock options are exercisable, at $0.05 per share, for a term of five years, expiring on October 28, 2021. On Behalf of the Board of Directors, "Paul Cowley" President and CEO For further...
2016-10-28 4:41 PM EDT
Indigo Exploration Inc. Closes $275,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2016) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) has closed a non-brokered private placement of 13,750,000 units priced at $0.02 per unit for total gross proceeds of $275,000. Further to the Company's news release dated April 25, 2016, announcing the original private placement of up 11,750,000 units for gross proceeds of up to $235,000, the number of units offered was subsequently increased to 13,750,000. Each unit is comprised of...
2016-05-20 3:25 PM EDT
Indigo Exploration Inc. Appoints Lorne Warner to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2016) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) is pleased to announce the appointment of Lorne Warner, P.Geo. to the Board of Directors. Mr. Warner has acted as an advisor to the Company for several years. Mr. Warner has over 30 years of experience with major and junior mining companies, including Noranda Exploration and Placer Dome. Since 2002 he has been involved in exploration management worldwide and was highly successful in...
2016-05-05 9:15 AM EDT
Indigo Exploration Inc. Arranges Non-brokered Private Placement of Up to $235,000
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2016) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) has arranged a non-brokered private placement of up to 11,750,000 units priced at $0.02 per unit for total gross proceeds of up to $235,000. Each unit will be comprised of one common share and one share purchase warrant, with each warrant being exercisable for up to three years from the date of closing of the private placement, at an exercise price of $0.05 per share. A finder's fee...
2016-04-25 4:01 PM EDT
Indigo Exploration Inc. Closes Non-brokered Private Placement of $150,000
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2015) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) has closed a non-brokered private placement of 15,000,000 shares priced at $0.01 per share for total gross proceeds of $150,000. Finder's fees of $3,000 and $6,000, respectively, have been paid to Leede Financial Markets Inc. and Haywood Securities Inc., equal to 6% of subscriptions to the private placement. All securities issued pursuant to the private placement will be subject...
2015-09-25 4:30 PM EDT
Indigo Exploration Inc. Arranges Non-brokered Private Placement of Up to $150,000
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2015) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) has arranged a non-brokered private placement of up to 15,000,000 shares priced at $0.01 per share for total gross proceeds of up to $150,000. A finder's fee may be payable, subject to Exchange policy. All securities issued pursuant to the private placement will be subject to a four month hold. The private placement will be subject to TSX Venture Exchange approval. Proceeds of the...
2015-07-28 11:06 AM EDT