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Tag "fairmont-resources-inc"

Fairmont Options Lac Bouchette Quartz Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/28/14 — Fairmont Resources Inc. (TSX VENTURE: FMR) ("Fairmont") is pleased to announce that it has entered into an option agreement with two Saguenay-Lac-Saint-Jean, Quebec, based claim holders (the "Vendors") to acquire a 100% interest, subject to a production royalty, in the Lac Bouchette Quartz Property. The Lac Bouchette Quarter Property, consisting of eight mineral claims totaling 435 hectares, is located 15 kilometre

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Channel Sampling Results Consistant Across Fairmont Resources Buttercup Property Lens A; Lens C New Discovery 0

– Average of more than 72.5% Fe2O3, 19.5% TiO2 and 0.57% V2O5 from all massive Titano-Magnetite from all channels – Massive Titano-Magnetite Assays ranged from 68.5 to 77.7% Fe2O3, 18.0% to 28.3% TiO2, and 0.51% to 0.61% V2O5 on an individual channel basis

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Fairmont Commences Site Surface Preparation at Buttercup; Samples at Laboratory from Channel Sampling 0

– Site clearing at the Buttercup has commenced – Less than 20m of channels remain to be cut and submitted to the laboratory

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Fairmont Commences Channeling at Buttercup 0

Channeling commences along recently completed access road onto Lense A More than 400m of channeling planned

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Fairmont Options Lac Elan Ilmenite-Magnetite Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/26/13 — Fairmont Resources Inc. (TSX VENTURE: FMR) ("Fairmont") is pleased to announce that it has signed a definitive option agreement with ElanOre Resources Inc. to option a 40% Interest in the Lac Elan Property (the "Property").Lac Elan Ilmenite-Magnetite Property Option AgreementTo acquire 40% of the Property, Fairmont will issue 1,000,000 shares within 5 days of the TSX Venture Exchange-s ("TSXV") final appr

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Fairmont Closes Oversubscribed Private Placement for $264,500 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/22/13 — Fairmont Resources Inc. (TSX VENTURE: FMR) ("Fairmont") is pleased to announce that it has closed its private placement financing by issuing 5,290,000 common shares ("Shares") at a price of $0.05 per Share for gross proceeds of $264,500 (the "Private Placement"). This represents an oversubscription of the maximum amount previously announced by Fairmont in its news release dated November 19, 2013.A finder-

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Fairmont Announces Proposed Private Placement for $250,000 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/19/13 — Fairmont Resources Inc. (TSX VENTURE: FMR) ("Fairmont") is pleased to announce a proposed private placement offering of up to 5,000,000 shares at a price of $0.05 per share for gross proceeds of $250,000 (the "Offering").There is no warrant associated with the offering.Subject to TSX Venture Exchange approval, Fairmont will pay finders a fee consisting of shares on proceeds of the proposed offerings.Proceeds of the

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Fairmont to Option Elan Lake Ilmenite-Magnetite Property, Announces Non-Brokered Private Placement Financing and New Senior Management 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/23/13 — Fairmont Resources Inc. (TSX VENTURE: FMR) ("Fairmont") is pleased to announce that it has signed a binding Letter of Intent (LOI) with ElanOre Resources Inc. to option a 40% Interest in the Lac Elan Property (the "Property"). Fairmont also announces that it plans to complete a non-brokered private placement financing of $1 million. Additionally, Michael Dehn will be joining Fairmont as President, CEO and a Directo

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Fairmont to Complete Share Consolidation 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/24/13 — Fairmont Resources Inc. (TSX VENTURE: FMR) ("Fairmont") announces that it will proceed with its proposed share consolidation (the "Consolidation"), as announced in its news release dated March 19, 2013, on the basis of four (4) pre-Consolidation common shares for one (1) post-Consolidation common share. The Consolidation was approved by the shareholders of Fairmont at the annual general and special meeting held on

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Fairmont Clarifies Cease Trade Order 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/12/13 — Fairmont Resources Inc. (TSX VENTURE: FMR) ("Fairmont" or the "Company") reports that the TSX Venture Exchange (the "Exchange") has suspended trading in the Company-s securities as a result of a cease trade order ("CTO") issued by the British Columbia Securities Commission prior to market open today.The cease trade order was issued due to an administrative error by the Company which resulted in

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