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Badlands Resources Inc. - MNRLF STOCK NEWS

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Badlands Resources Inc. (formerly known as Mineral Mountain Resources Ltd.) is a mineral exploration company based in Vancouver, British Columbia. The company has recently undergone a name change and share consolidation, pending TSX Venture Exchange approval. Badlands Resources is focused on exploring the Black Hills of South Dakota, USA, with a particular emphasis on the Rochford Gold Project. With a history of investing in modern exploration techniques, the company aims to uncover new gold deposits in the region. Led by President and CEO R. Dale Ginn, Badlands Resources is committed to leveraging its technical expertise and experienced team to drive future growth and success.

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Mineral Mountain Resources Ltd. (TSXV: MMV) (OTCQB: MNRLF) (FSE: M8M) is changing its name to Badlands Resources Inc. and consolidating its outstanding common shares. The consolidation will result in a reduction from 113,072,648 common shares to approximately 11,383,925 common shares. The effective date of the share consolidation and name change is December 1, 2023. The company will trade under the symbol 'BLDS' and under the new CUSIP/ISIN numbers 056600109/CA0566001099.
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Mineral Mountain Resources Ltd. (TSXV: MMV) (OTCQB: MNRLF) (FSE: M8M) has received approval from the TSX Venture Exchange to change its name to Badlands Resources Inc. and to consolidate its outstanding common shares on a 1:10 basis. The Name Change and Consolidation will take effect on November 30, 2023, and the Company will trade under the symbol 'BLDS'. Additionally, P. Joseph Meagher has been appointed as the Chief Financial Officer, while Tom Wilson has resigned from the position.
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Mineral Mountain Resources Ltd. (TSXV: MMV) (OTCQB: MNRLF) (FSE: M8M) announces a recommended name change to 'Badlands Resources Inc.' and a consolidation of outstanding common shares, pending TSX Venture Exchange approval. The consolidation will be on the basis of ten pre-consolidation shares for one post-consolidation share.
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Mineral Mountain Resources Ltd. has announced the appointment of Steven Albertsen to its board of directors. With over 25 years of experience in finance and project management, Albertsen is expected to enhance the company's operational capabilities. Previously, he managed significant infrastructure projects, including an $86M upgrade in North Dakota. The company's Standby Mine shows potential for large-scale gold mineralization, with recent drilling extending known mineralization 850 meters down-plunge. This development could pave the way for future resource delineation and increased shareholder value.

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FAQ

What is the market cap of Badlands Resources (MNRLF)?

The market cap of Badlands Resources (MNRLF) is approximately 3.6M.

What is the recent name change of the company from Mineral Mountain Resources Ltd. to Badlands Resources Inc.?

The company has recently changed its name from Mineral Mountain Resources Ltd. to Badlands Resources Inc., signaling a strategic shift in focus and direction.

What is the significance of the share consolidation for Badlands Resources Inc.?

The share consolidation involves merging ten pre-consolidation common shares into one post-consolidation common share, a move aimed at streamlining the company's capital structure.

Where is Badlands Resources Inc. primarily focused in terms of mineral exploration?

The company is primarily focused on exploring the Black Hills of South Dakota, USA, with an emphasis on the Rochford Gold Project.

Who leads Badlands Resources Inc. as its President and CEO?

The company is led by President and CEO R. Dale Ginn, who brings with him a wealth of experience and expertise in the mining industry.
Badlands Resources Inc.

OTC:MNRLF

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MNRLF Stock Data

3.64M
10.59M
7.25%
Gold
Basic Materials
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Canada
Vancouver