Welcome to our dedicated page for Carlyle Commodit news (Ticker: CCCFF), a resource for investors and traders seeking the latest updates and insights on Carlyle Commodit stock.
Carlyle Commodities Corp. (CCCFF) generates a steady flow of corporate and project-focused news as a mineral exploration company active in British Columbia, Canada. Its news releases, which are also associated with the Canadian Securities Exchange symbol "CCC" and Frankfurt ticker "BJ4", highlight developments across a portfolio that has included the Quesnel Gold Project, the Newton Gold Project, and the Nicola East Mining Project.
Readers of the Carlyle news page can expect updates on property acquisitions and options, such as the company’s option and subsequent acquisition of a 100% interest in the Quesnel Gold Project. The news stream also covers exploration activities, including biogeochemical surveys and prospecting programs at Quesnel Gold and Nicola East, with details on sampling, mineralization observations, and references to NI 43-101 Technical Reports and qualified person oversight.
Carlyle’s announcements also address significant corporate and transactional events. These include the acquisition of Miramis Mining Corp. through a three-cornered amalgamation, the completion of the sale of the Newton Gold Project to Axcap Ventures Inc. in exchange for cash, shares, warrants, and milestone-based consideration, and a non-binding letter of intent for a proposed business combination with Silver Pony Resources Corp. Capital markets updates, such as share issuances for property options and debt settlements, and changes in key financial roles, are also part of the company’s news flow.
For investors and observers tracking CCCFF, this news page offers a centralized view of Carlyle’s disclosed exploration progress, property transactions, and corporate actions. Reviewing these releases can help readers follow how the company is shaping and monetizing its project portfolio within the mineral exploration sector in British Columbia.
Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) has issued 2,000,000 common shares at a deemed price of $0.05 per share to Divitiae Resources This issuance is part of Carlyle's recently announced option to purchase a 100% interest in the Quesnel Gold Project in central British Columbia. The project, covering 1,607.34 hectares, is located in the Cariboo Mining Division, 30 kilometers northeast of Quesnel.
The option agreement includes a 2% net smelter return royalty retained by the Optionor, with Carlyle having the right to purchase 1% of the royalty for $1,000,000. The Quesnel Gold Project is situated within the Quesnel Trough, part of the Intermountain Tectonic Belt, and is on trend with the historic 'G-South' gold resource. The issued securities are subject to a four-month and one-day hold period.
Carlyle Commodities Corp. (CSE: CCC, OTC: CCCFF) has entered into an amalgamation agreement with Miramis Mining Corp. The transaction will result in Miramis shareholders holding approximately 28.8% of Carlyle's outstanding shares. Carlyle has also announced an option agreement for the Quesnel Gold Project and a proposed sale of its Newton Project to Axcap Ventures Inc.
The amalgamation is expected to create a well-capitalized mineral exploration company with reduced operating costs and increased shareholder liquidity. Miramis shareholders will gain access to a larger, more diversified company with stronger market access.
The Quesnel Gold Project option requires Carlyle to make payments and issue shares to acquire a 100% interest. The proposed Newton Project sale includes cash payments, share issuances, and milestone-based considerations from Axcap to Carlyle.
Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) has announced the issuance of 795,000 common shares at a deemed price of $0.05 per share to settle a debt of $39,750. This share issuance is part of a Debt Settlement to pay for unpaid services owed by the company to a director and a consultant.
The transaction with the director is considered a 'related party transaction' under Multilateral Instrument 61-101. However, it is exempt from valuation and minority shareholder approval requirements due to the company's shares not being listed on a specified market and the value of shares issued not exceeding 25% of the company's market capitalization.
All securities issued in the Debt Settlement will be subject to a statutory hold period of four months and one day after issuance, as per National Instrument 45-102.
Carlyle Commodities Corp (CSE: CCC, FSE: BJ4, OTC: CCCFF) has issued 3,806,920 common shares at $0.05 per share to settle $190,346 in debt owed to directors and consultants for unpaid services. Additionally, the company agreed to issue 795,000 common shares at $0.05 per share to settle $39,750 in debt with a director and a consultant.
The debt settlement with insiders constitutes a related party transaction under MI 61-101 but is exempt from valuation and minority shareholder approval requirements. All issued securities will be subject to a four-month and one-day statutory hold period.
Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) has announced a debt settlement through the issuance of shares. The company will issue 3,806,920 common shares at a deemed price of $0.05 per share to settle a total debt of $190,346. This debt is owed to certain directors and consultants for unpaid services. The transaction includes a related party component involving company insiders, which is exempt from valuation and minority shareholder approval requirements under MI 61-101. All shares issued will be subject to a four-month and one-day statutory hold period.
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