ASTON BAY HODGS LTD ORD - ATBHF STOCK NEWS

Aston Bay Holdings has successfully closed a $1.38M first tranche of a non-brokered private placement. The company issued 9,200,000 flow-through shares at $0.15 per share, with a hold period until September 10, 2024. Additionally, non-flow through units and FT shares continue to be available, with the potential to raise an extra $3,620,000. The net proceeds will be used for exploration and development in Nunavut, Canada, and Virginia, USA.

Aston Bay Holdings and American West Metals have announced new copper targets at the Storm Copper Project in Canada. High-powered electromagnetic surveys have identified new exploration targets, with potential for discovering additional copper mineralization. The preliminary interpretation of the initial results from geophysical activities has highlighted several new exploration targets, extending high-grade copper mineralization at the Cyclone Zone and other areas. The ongoing surveys and drilling activities aim to test these new targets and historical anomalies for near-surface high-grade copper mineralization. A deeper-looking survey planned between the North and South Graben Faults will explore potential mineralization at depths of 200-500m.

Aston Bay Holdings (OTCQB:ATBHF) has filed an amended Offering Document and refiled its condensed interim financial statements for the nine months ended December 31, 2023. The corrections made include fixing a typographical error in the number of warrants issued and reflecting the expiration of warrants. No other changes were made to the financial statements. The refiled financial statements replace the previously filed interim financial statements.

Aston Bay Holdings announces a non-brokered private placement offering to raise up to $5,000,000 for exploration and development purposes in Nunavut, Canada, and Virginia, USA.

Aston Bay Holdings signs a definitive agreement to option the Epworth Sediment Hosted Copper-Silver-Zinc-Cobalt Project in Nunavut, Canada, while welcoming Dr. Elizabeth Turner to the Technical Advisory Board. The project boasts mineralization similar to the Central African Copper Belt, with significant copper, silver, zinc, and cobalt findings. The agreement outlines a $3 million expenditure over four years to acquire an 80% interest, with plans for an airborne electromagnetic geophysical program and a drilling program in late summer. Dr. Turner's vast experience in sediment-hosted copper deposits adds valuable expertise to the team, enhancing the company's potential for new discoveries.

Aston Bay Holdings and American West Metals have initiated drilling and geophysics activities at the Storm Copper Project in Canada. The program, led by American West, aims to explore new zones of high-grade copper mineralization through track-mounted RC drilling and EM targets testing. Additional drill rigs will focus on expansion and infill drilling at various zones, while a high-powered MLEM geophysical survey is underway to define potential extensions to known mineralization. The program also includes environmental monitoring and a maiden CIM-compliant mineral resource estimate expected in May 2024.

Aston Bay Holdings announces a geophysical program at the Storm Copper Project in Nunavut, led by American West Metals, to identify new copper discoveries. The program includes high-powered electromagnetic surveys and drilling to target both near-surface and deeper copper mineralization. The surveys will cover the Storm area and regional prospects like Blizzard, Tornado, and Tempest, showcasing potential for significant new discoveries.

Aston Bay Holdings Ltd. has entered into an agreement with Emerald Geological Services to acquire an 80% interest in the Epworth Property in Nunavut, Canada. The property shows high-grade copper, silver, zinc, and cobalt mineralization similar to the Central African Copper Belt. Aston Bay plans to invest $3 million over four years in exploration. The agreement includes the formation of an 80/20 joint venture and a provision for EGS to have a carried interest until a bankable feasibility study is completed. The Epworth Project has historical exploration data dating back to the 1940s, with recent prospecting yielding promising results.

Aston Bay Holdings Ltd. announces an aggressive exploration program at the Storm Copper Project in Nunavut, focusing on resource growth and large-scale copper exploration targets. The program, led by American West Metals Limited, includes a 22,000m drilling program, resource definition of high-grade copper discoveries, and exploration for new zones along a >100km copper belt.