Northway and Kenorland File Information Circular and Confirm Meeting Date for Proposed Transaction
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2020) - Northway Resources Corp. (TSXV: NTW) ("Northway") and Kenorland Minerals Ltd. ("Kenorland") jointly announce that further to their press release dated November 3, 2020, Northway has filed a joint information circular dated November 27, 2020 (the "Circular"). in connection with the proposed reverse takeover transaction with Kenorland (the "Transaction") for an upcoming meeting of Northway's and Kenorland's shareholders to be...
2020-12-01 9:00 AM EST
Kenorland Closes C$10 Million Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2020) - Northway Resources Corp. (TSXV: NTW) ("Northway") and Kenorland Minerals Ltd. ("Kenorland") jointly announce that further to their press release dated September 28, 2020, Kenorland has closed its previously announced brokered private placement of subscription receipts (the "Offering"). Pursuant to the Offering, Kenorland issued a total of 10,000,000 subscription receipts (each, a "Subscription Receipt"), at a price of C$1.00...
2020-11-04 12:29 PM EST
Northway Provides Transaction Update
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2020) - Northway Resources Corp. (TSXV: NTW) (the "Company") and Kenorland Minerals Ltd. ("Kenorland") jointly provided an update on the status of the Company's acquisition of Kenorland (the "Transaction"), as previously announced July 28, 2020 and September 14, 2020. Pursuant to the amalgamation agreement dated September 14, 2020 between the parties, the Transaction will be conducted by way of a three-cornered amalgamation among...
2020-11-03 1:34 PM EST
Northway Executes Definitive Amalgamation Agreement with Kenorland Minerals Ltd.
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2020) - Northway Resources Corp. (TSXV: NTW) (the "Company") and Kenorland Minerals Ltd. ("Kenorland") jointly announce that further to their press release dated July 29,2020, they have entered into a definitive amalgamation agreement dated September 14, 2020 (the "Amalgamation Agreement"). The transaction contemplated by the Amalgamation Agreement (the "Transaction") will result in a reverse takeover of the Company by Kenorland in...
2020-09-15 9:00 AM EDT
Northway Resources Provides Exploration Update on the Healy Project, Alaska, USA
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2020) - Northway Resources Corp. (TSXV: NTW) (the "Company") is pleased to report results of the geochemical and geophysical surveys carried out over the Healy Project this summer in Alaska, USA. The work included the collection of 1,820 soil samples, 136 line kilometers of ground EM (VLF) and magnetics as well as an 252 line kilometers airborne magnetic survey. The results of the 50m x 50m spaced soil survey clearly define multiple...
2020-09-10 9:00 AM EDT
Kenorland Minerals Intersects 33.69 g/t Au over 2.66m at New Zone During Follow-up Drill Program at Regnault; Reports Results of Regional Till Sampling Program
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2020) - Northway Resources Corp. (TSXV: NTW) (the "Company") and Kenorland Minerals Ltd. ("Kenorland") jointly report the results of the second phase of Kenorland's summer exploration program at the Frotet Project, Quebec. Exploration work included 1,900m of drilling, a regional surface geochemical program, and an airborne magnetic survey, funded by Sumitomo Metal Mining Canada Limited ("SMMCL"). As previously announced on July 29,...
2020-08-31 9:00 AM EDT
Northway Enters Into Letter of Intent with Kenorland Minerals Ltd. for a Proposed Reverse Takeover
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2020) - Northway Resources Corp. (TSXV: NTW) (the "Company") and Kenorland Minerals Ltd. ("Kenorland") jointly announce that they have entered into a letter of intent dated July 28, 2020 whereby the Company will acquire all of the issued and outstanding securities of Kenorland by way of a share exchange, amalgamation or such other form of business combination as the parties may determine. Upon successful completion of the proposed...
2020-07-29 9:00 AM EDT
Northway Provides Exploration Update and Plans for 2020 Field Programs
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - Northway Resources Corp (TSXV: NTW) ("Northway" or the "Company") is pleased to provide an update regarding its planned 2020 exploration programs at the Healy and Napoleon Projects, located in central Alaska, USA. Healy Project The 2020 Healy exploration program, which will commence in July, includes detailed soil sampling, mapping, ground electromagnetic (VLF) and magnetic geophysical surveys, followed by an induced polarization...
2020-05-26 9:00 AM EDT
Northway Provides Update
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Northway Resources Corp. (TSXV: NTW) (the "Company") is pleased to announce that it has acquired from Millrock Exploration Corp. and its affiliate (collectively "Millrock") a proprietary exploration database relating to the Company's Napoleon gold property, located in the Fortymile District of Alaska (the "Property"). The database consists of significant geologic and geochemical data, that will allow Northway to reduce the...
2020-02-05 7:26 PM EST
Northway Resources Encounters Broad Gold Mineralization at Healy
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2019) - Northway Resources Corp (TSXV: NTW) ("Northway" or "the Company") is pleased to announce the release of drill results from its inaugural 2019 exploration drilling campaign at the Healy Project, located in the Goodpaster Mining District of Alaska, USA. Highlights: All ten of the reconnaissance holes encountered gold mineralization at Bronk, the first of seven target areas to be drilled at Healy Highlighted intercepts include...
2019-10-21 9:00 AM EDT
Northway Closes $690,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2019) - Northway Resources Corp. (TSXV: NTW) (the "Company") is pleased to announce that it has closed its previously announced private placement of 6,900,000 common shares (each a "Share") issued at a price of $0.10 per Share, for aggregate gross proceeds of $690,000. A cash commission equal to $46,200 was paid to Sprott Global Resource Investments Ltd. ("Sprott"). In addition, Sprott received 462,000 non-transferable warrants to...
2019-08-28 4:53 PM EDT
Northway Closes Initial Public Offering
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) - Northway Resources Corp. (TSXV: NTW) (the "Company") is pleased to announce that it has completed its initial public offering of 18,486,000 common shares (each a "Share") issued at a price of $0.10 per Share. This generated aggregate gross proceeds of $1,848,600 pursuant to a prospectus dated July 30, 2019 (the "Prospectus"). A cash commission equal to 7% of the gross proceeds of the offering was paid to the Company's agents,...
2019-08-26 9:00 AM EDT