Tag: Ecuador

Lucky Minerals Increases Non-Brokered Private Placement Financing To $2.0 Million And Adds Additional Strategic Investor, Victor Cantore

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Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA: LKY) (“Lucky” or the “Company“) is pleased to announce that it has increased the previously announced (May 27, 2022 News Release) non-brokered private placement from 33,000,000 to up to 35,714,286 units (the “Units“) for gross proceeds of up to $2.0 million (the “Offering“). Investors in the Offering now include Mr. Victor Cantore, President and CEO of Amex Exploration in addition to previously announced Mr. Michael Gentile, CFA.

The Offering will now consist of approximately 35,714,286 Units of the Company at CDN $0.056 per Unit, for gross proceeds of approximately $2.0 million. Each Unit is comprised of one common share (a “Share“) and one full three-year common share purchase warrant (a “Warrant“). Each Warrant entitles the holder thereof to acquire one additional Share at a price of CDN $0.10 per Share, until the date that is 36 months from the closing (the “Closing“) of the Offering. All the Shares and Warrants issued in connection to the Offering are subject to a statutory hold period expiring four months and one day from the date of issuance. read more

Lucky Minerals Announces New Strategic Investor, Michael Gentile, a $1.8 M Non-Brokered Private Placement and Shares for Services Agreement

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LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc. (TSXV:LKY) (OTC PINK:LKMNF), (FRA:LKY) (“Lucky” or the “Company“) is pleased to announce a non-brokered private placement (the “Offering“) of up to 33,000,000 units (“the Units“) for gross proceeds of up to approximately CDN $1.848 million. Investors in the Offering include Michael Gentile, CFA who as a result of the Offering, intends to increase his share ownership in the Company potentially up to approximately 19.9% on a partially diluted basis. read more

Trenching Continues At Wayka: A One-metre-wide Magnetite Lens Returns 7.81 g/t Gold

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Lucky Minerals Inc., Tuesday, May 10, 2022, Press release picture

Lucky Minerals Inc. (TSXV:LKY),(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it continues with the trenching program for the upcoming drill program at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. read more

Targeting of Trenched Discovery Zone Completed, Mobilization for Drilling Begins

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Lucky Minerals Inc., Monday, May 2, 2022, Press release picture

 Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has completed targeting for the upcoming drill program at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. read more

Trench T-21 Assays 5.24 g/t Gold Across 14 Metres Including 10.75 g/t Across 5 Metres

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LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc. (TSXV:LKY), (OTC PINK:LKMNF), (FRA:LKY) (“Lucky” or the “Company”) is pleased to announce it has received assay results for trench T-21 from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. read more

Trench T-17 Assays 0.86 G/T Gold Across 36 Metre Width

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Lucky Minerals Inc.(TSXV:LKY) (OTC PINK:LKMNF) (FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has received assay results for trenches T-17, T-18 and T-19 from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. This Cluster of trenches is located approximately 75 metres south of the combined trenches T-5 and T-6 where an average of 1.67 g/t gold was reported over 61 metres (please see November 9, 2021 News Release). read more

Soil Alteration Mapping Expands Southern Alteration Zone at Wayka

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Lucky Minerals Inc.(TSX-V:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has received Terraspec analysis results for the soil samples from its ongoing work at the Wayka high sulfidation epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. read more

Soil Sampling Outlines Two Large Anomalous Gold Areas at Wayka

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Lucky Minerals Inc.(TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has received soil sample Geochem results from its ongoing work at the Wayka high sulfidation epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. read more

Lucky Announces Closing of Non-Brokered Private Placement for CDN$2,011,795

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LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) Lucky” or the “Company“). Further to the news release dated January 6, 2022, Lucky is pleased to announce that it has closed a non-brokered private placement (the “Offering”) consisting of 22,353,278 units of the Company (the “Units“) at a price of CDN$0.09 per Unit for gross proceeds of CDN$2,011,795.02. Each Unit consists of one common share (“Common Share“) of the Company and one transferable common share purchase warrant (“Warrant“). Each Warrant will be exercisable to acquire one Common Share of the Company (“Common Share“) at a price of CDN $0.20 per Common Share for a period of 24 months from the date of issuance of the Warrant. read more