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Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) announced that
NorthIsle’s Board of Directors has approved the issuance of 150,000 stock options (the “Options”) pursuant to the Company’s incentive stock option plan (the “Stock Option Plan”). The Options provide for the purchase of an aggregate of 150,000 common shares of the Company (the “Common Shares”) at an exercise price of $0.50 per share, which is the closing price for the Common Shares on the TSX Venture Exchange as of April 1, 2024. All of the Options have a 5 year term and vest twelve months from the issuance date.
Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that a total of 5,048,000 warrants issued on December 17, 2021 have been exercised by Michael Gentile and Pierre Beaudoin for gross proceeds of $1,413,440. These funds will be used to accelerate development of the North Island Project including technical and economic studies. Adjusting for warrant proceeds, the company had $9 million in cash and cash equivalents as of December 31, 2023 (unaudited), with no debt and no additional warrants outstanding.
Read MoreVancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce a initial mineral resource estimate (the “Resource Estimate”) for the Northwest Expo deposit at its 100% owned North Island Project, located on Vancouver Island in BC, Canada.
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