Business
Kintavar Exploration Inc. Receives $700,000 from Recent Warrant Exercise; Adds Technical Advisor Specializing in Stratiform Copper Deposits
MONTREAL, March 25, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), today is very pleased to
About this update from Auriginal Mining Corp.
[{"type":"text","content":" MONTREAL, March 25, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), today is very pleased to announce that since January 2018 the Corporation has received gross proceeds of $701,185 from the exercise of warrants prior to their expirations on December 30, 2018 and March 24, 2019. All warrants issued by the Corporation that had matured on the previously mentioned dates, have now been exercised. \"As Kintavar celebrates 2 years since listing on the TSX Venture Exchange, we are privileged to have strong support from our investors as demonstrated by the successful warrant exercise with 100% of the warrants being exercised. More than 85% of these warrants were held either by Quebec institutional investors or by our shareholders living in the Mont Laurier and the Mitchi project region which shows the local support behind the project. On behalf of the entire management and exploration team, I would like to thank our shareholders for their support and for being with us in discovering Quebec’s newest mineral exploration region.” comments Kiril Mugerman, President & CEO of Kintavar. In preparation to the 2019 exploration season, Kintavar is pleased to announce that it has retained the services of Francis Chartrand, P. Geo, Ph.D, as technical advisor to the Corporation specializing in stratiform copper deposits. Mr. Chartrand graduated in 1979 from Concordia University (Montreal) with a B.Sc. in geology. He obtained an M.Sc.A. in 1982 and a Ph.D. in 1987 from École Polytechnique de Montréal by studying the diagenetic evolution of the sediment-hosted stratiform copper mineralization of the Redstone deposit, N.W.T. and the Kamoto mine, Democratic Republic of Congo. Mr. Chartrand also undertook post-doctoral studies of Zambian stratiform copper mineralization at University College in Cardiff, Wales in 1987. In 1988 Mr. Chartrand was employed by the Québec government geological survey in Val-d’Or, first as head of the metallogeny section, and then as head of the Northwest Geological Service. From 1997-2018, Mr. Chartrand worked for several companies including SOQUEM (research geologist), Amex (consultant and VP exploration), Virginia Mines, (project geologist), MDN (project geologist) and most recently Osisko Mining (project geologist). \"We are very...