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Gentor Resources Inc (GNTOF.PK)

GNTOF.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Gentor Resources Inc signs letter of intent for proposed JV for Gentor's Karaburun Project
Wednesday, 24 Feb 2016 08:41am EST 

Gentor Resources Inc:Has signed a Letter of Intent with Lidya Madencilik Sanayi ve Ticaret A.S. for a proposed JV to further explore and develop Gentor's Karaburun Project.Intention to grant to Lidya an option to acquire an 80% interest in Project.  Full Article

Gentor Resources Inc closes private placement financing
Wednesday, 6 May 2015 11:22pm EDT 

Gentor Resources Inc:Says that, further to its April 28, press release, it has closed a non-brokered private placement of 15,000,000 units of the company at a price of C$0.06 per unit for proceeds to the company of C$900,000.Says each such unit is comprised of one common share of the company and one-half of one warrant of the company, with each full warrant entitling holder to purchase one common share of the company at a price of C$0.10 for a period of two years.Intends to use proceeds from this financing for the planned drilling program at the company's Karaburun project in Turkey (which drilling program is commencing this month) and for general corporate purposes.Says directors and officers of the company purchased 10,100,000 of units issued under financing.  Full Article

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