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NORTHERN SUPERIOR RES INC - NSUPF STOCK NEWS

Welcome to our dedicated page for NORTHERN SUPERIOR RES news (Ticker: NSUPF), a resource for investors and traders seeking the latest updates and insights on NORTHERN SUPERIOR RES stock.

Northern Superior Resources Inc. (NSUPF) is a gold exploration company focused on the Chibougamau Camp in Québec, Canada. The Company holds a significant land package exceeding 62,000 hectares, with key properties including Philibert, Lac Surprise, Chevrier, and Croteau. Philibert, located near IAMGOLD's Nelligan Gold project, boasts a new inferred resource of 1,708,800 ounces Au and an indicated resource of 278,900 ounces Au. With promising exploration results and a strategic focus on the Philibert Project, Northern Superior aims to further enhance its mineral reserves and unlock the full potential of its assets.

News

Northern Superior and ONGold Announce Appointment of CEO and Provides Listing Update

Rhea-AI Summary

Northern Superior Resources Inc. and ONGold Resources announce the listing of Common Shares on the TSX Venture Exchange under the symbol 'ONAU'. Kyle Stanfield appointed as CEO and director, bringing over 25 years of mining sector experience, focusing on sustainable project development and collaboration with indigenous communities.

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Northern Superior and ONGold Announce Closing of Spinout Transaction Related to TPK and Ontario Projects

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Northern Superior Resources Inc. and ONGold Resources announce the completion of a spinout transaction related to mining projects in Ontario. ONGold acquired Northern Superior's projects, including the TPK and October Gold properties. ONGold completed financings for $5.2 million and issued 10,108,843 Common Shares. Northern Superior now holds 35,686,686 Common Shares or 72.35% of ONGold. ONGold will begin trading under the symbol 'ONAU' on May 3, 2024. The Transaction includes a letter agreement between the companies. ONGold will use the proceeds for exploration and development of its mineral properties. The Technical Information section highlights the TPK Project and October Gold Project's exploration findings.

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Northern Superior Announces Upsizing of ONGold Resources Financing and Receipt of Listing Conditional Approval

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Northern Superior Resources Inc. and BCCo have increased the financing size for ONGold Resources due to strong demand from gold investors. Northern Superior will own 35,686,686 shares of BCCo valued at approximately C$18.2 million. The TSX Venture Exchange has conditionally approved the proposed transaction between Northern Superior and BCCo, involving the sale of exploration properties in Ontario.
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Northern Superior Announces Disposition of Rockland Shares

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Northern Superior Resources Inc. announces the disposition of 7,800,000 shares of Rockland Resources Ltd. at a price of C$0.025 for gross proceeds of C$195,000. The Company now owns 3,000,000 common shares of Rockland, constituting approximately 4.3% of Rockland's total issued and outstanding shares.
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Northern Superior Announces Nomination of Kyle Stanfield as Chief Executive Officer of Spinout Company and Unveils Company Name

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Northern Superior Resources Inc. appoints Kyle Stanfield as CEO of ONGold Resources Ltd. to oversee Ontario assets. Stanfield brings 25+ years of experience in mineral exploration and project development, focusing on indigenous consultation and regulatory engagement.
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Northern Superior Strengthens Leadership with Appointment of Accomplished Chief Financial Officer

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Northern Superior Resources Inc. (TSXV:SUP)(OTCQX:NSUPF) appoints Mr. Gregory Duras as Chief Financial Officer, bringing over 25 years of experience in the resource sector and corporate development. Mr. Duras has held CFO positions at several publicly traded companies, including Consolidated Uranium Inc. The company expresses gratitude to outgoing CFO, Jeannine Webb.
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Northern Superior and Evolution Mining Enter Earn-in and Joint Venture Agreement on October Gold Property

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Northern Superior Resources Inc. has granted Evolution Mining Limited an option to acquire a 75% interest in the October Gold Project. Evolution will incur C$7 million in expenditures and make cash payments totaling C$1.1 million. The project is located in northeastern Ontario and is part of the company's spinoff transaction. The partnership aims to accelerate the project's development and leverage Evolution's resources.
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Northern Superior Provides Notice of Annual General Meeting

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Northern Superior Resources announces date for Annual General Meeting
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Northern Superior Files 43-101 Technical Report for 1,708,800 Gold Ounces in Inferred Category and 278,900 Gold Ounces in Indicated Category at 1.10 g/t in Pit Constrained Resource Estimate at Philibert

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Northern Superior Resources Inc. announces filing of technical report for Philibert gold property
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Northern Superior and 1348515 B.C. Ltd. Announce Closing of $3M Subscription Receipt Financing Pursuant to Spinout Transaction for Ontario Assets

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1348515 B.C. Ltd. and Northern Superior Resources Inc. announce the closing of BCCo's private placement financing, raising $3,000,001.56. Northern Superior will own 35,686,686 shares of BCCo with a value of approximately $18.2 million. The financing will be used to fund the acquisition of Northern Superior's exploration properties in Ontario.
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FAQ

What is the current stock price of NORTHERN SUPERIOR RES (NSUPF)?

The current stock price of NORTHERN SUPERIOR RES (NSUPF) is $0.329641 as of December 23, 2024.

What is the market cap of NORTHERN SUPERIOR RES (NSUPF)?

The market cap of NORTHERN SUPERIOR RES (NSUPF) is approximately 54.6M.

What is Northern Superior Resources Inc. focused on?

Northern Superior is a gold exploration company focused on the Chibougamau Camp in Québec, Canada.

What are the key properties owned by Northern Superior?

Key properties include Philibert, Lac Surprise, Chevrier, and Croteau.

Where is the Philibert Project located?

The Philibert Project is located near IAMGOLD's Nelligan Gold project.

What are the inferred and indicated resources at the Philibert Project?

Philibert boasts a new inferred resource of 1,708,800 ounces Au and an indicated resource of 278,900 ounces Au.

What is the strategic focus of Northern Superior?

Northern Superior aims to enhance its mineral reserves and unlock the full potential of its assets, particularly the Philibert Project.

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NORTHERN SUPERIOR RES INC

OTC:NSUPF

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NSUPF Stock Data

54.57M
126.11M
23.64%
4.56%
Gold
Basic Materials
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United States of America
Toronto