Welcome to our dedicated page for Green River news (Ticker: CCRRF), a resource for investors and traders seeking the latest updates and insights on Green River stock.
Green River Gold Corp. (CCRRF) provides investors and industry observers with authoritative updates through this centralized news hub. Track the Canadian exploration company's operational developments across its dual focus of placer mining and critical minerals projects, including strategic real estate ventures.
Access timely press releases and verified updates covering resource estimates, drilling results, and corporate milestones. Our curated collection ensures efficient monitoring of Quesnel Nickel Project advancements, Fontaine Gold/Kymar Silver exploration data, and diversification initiatives in Northern Alberta real estate.
Key updates include earnings reports, partnership announcements, and technical disclosures reviewed for compliance with mining disclosure standards. Bookmark this page for direct access to Green River's operational progress without promotional content or speculative analysis.
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) has provided a bi-weekly default status report regarding its Management Cease Trade Order (MCTO). The company failed to file its required annual financial documents for the year ended September 30, 2024, by the January 28, 2025 deadline.
The company is currently working to complete a $900,000 convertible debenture financing, expected to close in the week of March 24, 2025. This financing is important for initiating the audit process. The MCTO deadline of March 28, 2025, for Annual Filings will not be met due to the delayed start of the audit. During this period, directors, officers, and insiders are restricted from trading company securities.
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) has provided a bi-weekly default status report regarding its Management Cease Trade Order (MCTO). The company failed to file its required Annual Filings for the year ended September 30, 2024, by the January 28, 2025 deadline, leading to an MCTO granted by the Alberta Securities Commission on February 6, 2025.
The company confirms no material changes or defaults since the MCTO notice, and directors, officers, and insiders are restricted from trading securities until Annual Filings completion. A key development is the anticipated closing of $900,000 in convertible debentures expected in the week of March 10, 2025. The company must complete the Annual Filings by March 28, 2025, and maintains it will meet this deadline.
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has provided a bi-weekly default status report regarding its Management Cease Trade Order (MCTO) granted by the Alberta Securities Commission on February 6, 2025. The company was unable to file its annual financial statements, CEO and CFO certifications, and management discussion & analysis for the year ended September 30, 2024, by the January 28, 2025 deadline.
The company confirms that no material changes have occurred since the MCTO Notice, and they are working with auditors to complete the audit. Directors, officers, and insiders are restricted from trading company securities until the Annual Filings are completed. Green River Gold Corp. expects to file the required documents by the stipulated deadline of March 28, 2025.
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has requested a temporary Management Cease Trade Order (MCTO) from the Alberta Securities Commission due to delays in filing its annual financial statements for the year ended September 30, 2024. The delay is attributed to increased business complexity from expansion into placer mining operations and the CEO's health issues, which affected the completion of a $900,000 convertible debenture financing and delayed audit fee payments.
The company expects to close the financing around February 11, 2025, and anticipates completing the audit within 6-8 weeks thereafter. The Annual Filings were originally due by January 28, 2025, but the company now aims to file by March 28, 2025. During this period, management and insiders are subject to a trading black-out. The company confirms no undisclosed material information since its last interim financial report filed on August 29, 2024.
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has requested a temporary Management Cease Trade Order (MCTO) from the Alberta Securities Commission (ASC) regarding the delayed filing of its annual financial statements for the year ended September 30, 2024. The delay is attributed to increased complexity in financial statements due to the company's expansion into a new line of business.
The required Annual Filings deadline is January 29, 2025, but the company expects to complete them by March 28, 2025. The MCTO would prohibit management from trading company securities until the Annual Filings are completed. During this period, management and insiders are subject to a trading black-out. The company will follow alternative information guidelines as required by National Policy 12-203.
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has announced its expansion into real estate development, focusing on the Edmonton and Northern Alberta region starting in early 2025. The company plans to invest primarily in multi-family residential units, including new building projects, while maintaining its core business of mineral exploration in British Columbia.
The company has signed a letter of intent to collaborate with an experienced Edmonton-based developer and rental property manager, with a final agreement expected by February 15, 2025. The initiative aims to generate cash flow and reduce reliance on capital markets for funding exploration.
The company plans to focus on building 8-plex multi-unit rental properties for resale in established neighborhoods, leveraging new zoning bylaws effective from 2024. Green River is also expecting to close on its previously announced $900,000 convertible debenture offering in the coming days.
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has announced drilling results from its Quesnel Nickel Project in British Columbia. Three drill holes (WK-24-01, WK-24-02, and WK-24-03) showed consistent nickel mineralization, with average grades ranging from 0.171% to 0.189%. The fourth hole, DH-24-01, revealed notable gold mineralization, with the highest grade reaching 0.761 grams per tonne.
The company completed four drill holes for the 2024 season, with three using a portable Winkie drill rig and one using a standard-sized diamond drill rig. The drilling program confirmed significant concentrations of nickel, cobalt, chromium, and magnesium starting from the surface. The company plans a 6,000-meter drilling campaign with 20 planned NQ diamond drill holes for future exploration.
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has announced two key financial moves:
1. Launch of Convertible Debenture Offering: The company plans to raise up to CAD$900,000 through a non-brokered private placement of convertible debentures. These debentures will mature in 5 years, bear 11% annual interest, and be convertible to common shares at $0.06 per share.
2. Closure of Flow-Through Share Offering: Green River has completed its previously announced private placement, issuing 3,584,819 units at $0.055 per unit, raising CAD$197,165.05. Each unit includes one flow-through share and half a warrant exercisable at $0.08 for four years.
The company plans to use the proceeds for drilling, exploration, expanding placer mining operations, and working capital.
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) has made significant progress since starting mining operations at its Wabi Placer Mining Project in late June 2024. The company has reported promising results, leading to strategic decisions to enhance production capabilities. Key developments include:
1. Doubling throughput by adding more mining equipment
2. Plans for further expansion of production in the future
3. Intention to add additional placer mining operations to increase cash flow
These initiatives demonstrate Green River Gold's commitment to growth and optimizing its mining operations, potentially leading to improved financial performance and shareholder value.
Green River Gold Corp. has begun placer gold mining on its fully permitted Wabi claim, located on the Swift River. This marks a significant step towards the company's goal of generating self-sustaining cash flow from operations. All necessary equipment is in place and operational. The Wabi claim is fully owned by Green River Gold and is situated 45 minutes from its field headquarters in Quesnel, British Columbia. This operation aims to provide immediate cash flow, supporting the company's exploration of longer-term projects, including the Quesnel Nickel critical minerals project and the Fontaine Gold and Kymar Silver precious metals projects. Drilling on the Quesnel Nickel Project will commence soon. The Swift River project includes 1,112 hectares of placer mining claims.
