Key Developments: Alder Resources Ltd (ALR.V)

ALR.V on TSX Venture Exchange

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1 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Alder closes private placement financing
Friday, 30 May 2014 05:01pm EDT 

Alder Resources Ltd:Completed its previously-announced non-brokered private placement financing by issuing 5,800,000 units at a price of $0.05 per Unit for aggregate gross proceeds of $290,000.Each Unit consists of one common share of the Company and one-half of one common share purchase warrant.Intends to use the proceeds from the Offering to fund exploration activities of the Company with respect to the Rosita project, including metallurgical studies, and for general corporate purposes.  Full Article

Alder Resources Ltd Announces New President and CEO
Thursday, 21 Nov 2013 07:00am EST 

Alder Resources Ltd announced that it has appointed Mr. Don Dudek as President and Chief Executive Officer (ECO) of the Company, effective December 16, 2013.  Full Article

Alder Resources Ltd Closes First Tranche of Private Placement Financing
Thursday, 21 Mar 2013 05:01pm EDT 

Alder Resources Ltd announced that it has completed a first tranche of its previously announced non-brokered private placement financing by issuing 8,735,000 units (the Units) at a price of $0.05 per Unit for aggregate gross proceeds of $436,750. Each Unit consists of one common share of the Company and one-half of one share purchase warrant (a Warrant). Each whole Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price of $0.10 per common share for a period of 24 months from the date hereof. Alder intends to close a second tranche of the financing on the same terms on or before April 30, 2013 for total gross proceeds, together with the first tranche, of up to $1,000,000. In connection with the closing of the first tranche of the financing, the Company will pay cash finders' fees totaling $6,000. The common shares forming part of the Units and the Warrants will be subject to a four month hold period that expires on July 22, 2013. The Company intends to use the proceeds from the sale of the Units to fund exploration activities of the Company and for general corporate purposes.  Full Article

Alder Resources Ltd Amends Terms Of Private Placement Financing
Thursday, 21 Feb 2013 07:00am EST 

Alder Resources Ltd announced that it has amended the terms of the non-brokered private placement financing announced on January 14, 2013 to change the price of the units (Units) to be issued by the Company to $0.05 per Unit. The private placement will now consist of up to 20,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $1,000,000 (the Offering). Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a Warrant). Each Warrant will entitle the holder thereof to acquire one common share of the Company at an exercise price of $0.10 per common share for a period of 24 months following the closing date of the Offering. The Company expects to close the Offering on or about March 31, 2013, and may close the Offering in one or more tranches. All securities issued will be subject to a hold period of four months and one day. The gross proceeds of the Offering will be used to fund exploration activities of the Company and for general corporate purposes.  Full Article

Alder Resources Ltd Announces Up To $1 Million Private Placement Of Units
Monday, 14 Jan 2013 06:55am EST 

Alder Resources Ltd announced that it intends to complete a non-brokered private placement financing of up to 13,333,333 units at a price of $0.075 per Unit for gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a Warrant). Each Warrant will entitle the holder thereof to acquire one common share of the Company at an exercise price of $0.10 per common share for a period of 24 months following the closing date of the Offering. The Closing Date of the Offering is scheduled to occur on or about February 15, 2013. All securities issued will be subject to a hold period of four months and one day. The gross proceeds of the Offering will be used to fund the drilling of the high grade copper-gold-silver mineralization that was discovered by exploration activities of the Company over the past year and for general corporate purposes.  Full Article

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