United States

Brionor Resources Inc (BNR.V)

BNR.V on TSX Venture Exchange

25 May 2017
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Latest Key Developments (Source: Significant Developments)

Brionor announces board and management changes and issuance of stock options
Friday, 19 May 2017 12:07pm EDT 

May 19 (Reuters) - Brionor Resources Inc :Brionor announces board and management changes and issuance of stock options.Says chairman of the board Robert Ayotte resigned.Brionor Resources Inc - replacing Ayotte on board and as chairman is Denis Hall.  Full Article

Brionor to acquire Atala Resources
Thursday, 2 Mar 2017 09:00am EST 

Brionor Resources Inc : Brionor to acquire Atala Resources . Brionor Resources- under agreement, each Atala shareholder shall receive 0.4382 of a brionor share for each Atala share held, for a total of 6 million brionor shares . Brionor proposes to acquire all of issued & outstanding shares of Atala for an aggregate purchase price of $300,000 .No finder's fees will be paid by corporation in connection with acquisition.  Full Article

Brionor Resources announces termination of Noyell property option with Wealth Minerals
Tuesday, 2 Aug 2016 12:26pm EDT 

Brionor Resources Inc : Has regained 100 pct of Noyell and is evaluating all options to advance property . Received notification from Wealth Minerals that it will not proceed with year 2 option payment and therefore option is terminated .Brionor announces termination of Noyell Property option with Wealth Minerals.  Full Article

Brionor Resources Inc Acquire Pitt Gold Property from Brionor Resources Inc
Monday, 7 Mar 2016 07:00am EST 

Brionor Resources Inc:First mining finance to acquire pitt gold property from Brionor Resources Inc.Says deal valued at C$1.3 million.  Full Article

Brionor Resources Inc executes definitive agreement with Wealth Minerals for Noyell property
Monday, 27 Jul 2015 12:42pm EDT 

Brionor Resources Inc:Executed a Definitive Option / Joint Venture Agreement with Wealth Minerals Limited.Granting Wealth the exclusive option to acquire up to 100% of the Noyell Property through issuance to Brionor of Wealth common shares valued at $850,000 over four years.Property is contiguous with Wealth's N2 property in the Matagami region of Western Quebec.As previously announced, Wealth may earn up to a 100% interest in three option stages through issuance of common shares valued at $850,000 over four years.Option does not require any cash payments and there are no exploration work commitments.If Wealth exercises the first option and acquires the initial 49% interest but thereafter elects not to exercise the second option for 26%, then Option will terminate and Brionor will have an option to acquire Wealth's 49% interest through the issuance of Brionor common shares valued at $75,000.If Brionor does not exercise the Re-Purchase Option, Wealth and Brionor will be deemed to have formed a 49:51 joint venture.If Wealth exercises both the first and second options and thereby acquires an aggregate 75% interest but does not exercise third option to acquire the balance of Brionor's interest, then Option will terminate and Wealth and Brionor will be deemed to have been formed a 75:25 joint venture.There is existing 3% NSR royalty on Noyell property payable to a third party.  Full Article

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