VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/22/13 — Kenai Resources Ltd. (TSX VENTURE: KAI) ("Kenai") is pleased to announce the closing of its previously announced transaction with Serabi Gold plc ("Serabi"); whereby Serabi has acquired all of the outstanding common shares of Kenai. The transaction was completed pursuant to a plan of arrangement (the "Arrangement") in accordance with the Business Corporations Act (British Columbia), which was approved by
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/08/13 — Mr. Greg Starr, President & CEO of Kenai Resources Ltd. (TSX VENTURE: KAI) ("Kenai" or the "Company") announces that the holders of Kenai common shares (collectively, the "Kenai Shareholders") have approved its plan of arrangement (the "Arrangement") with Serabi Gold plc ("Serabi").The Arrangement was approved at a special meeting of the Kenai Shareholders held on July 5, 2013, by
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — Kenai Resources Ltd. (TSX VENTURE: KAI) ("Kenai") is pleased to provide an update on progress at the Sao Chico Gold project located on the Tapajos Gold Belt in Brazil.Kenai-s wholly owned subsidiary Gold Aura do Brasil Mineracao Ltda ("GOAB") has recently received the Licenca de Operacao ("LO"), valid for 12 months, from SEMA, the Para state environmental authority. Subsequent to this condition precedent,
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/07/13 — Kenai Resources Ltd. (TSX VENTURE: KAI) ("Kenai") announces that it has obtained the required interim order from the BC Supreme Court to call a meeting of its shareholders for purposes of seeking approval to the previously announced plan of arrangement with Serabi Gold plc (TSX: SBI)(AIM: SRB) ("Serabi").By news release dated May 6, 2013, Kenai and Serabi announced they had entered into an agreement, subject to the
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/06/13 — The Boards of Directors of Kenai Resources Ltd (TSX VENTURE: KAI) and Serabi Gold plc. (AIM: SRB)(TSX: SBI) announce that they have entered into an agreement ("the Transaction"), subject to the approval of shareholders of Kenai and other conditions precedent, whereby Serabi will acquire all the issued and outstanding common shares of Kenai ("Kenai Shares") by way of a Plan of Arrangement ("the Arrangement"
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/25/13 — Kenai Resources Ltd. (TSX VENTURE: KAI) ("Kenai") advises that its wholly owned subsidiary Gold Aura do Brasil Mineracao Ltda ("GOAB") has now received the Licenca de Operacao ("LO") from SEMA, the Para state environmental authority. This is the major condition relating to GOAB-s application for trial mining under a GUIA licence for which an application was filed with DNPM (Brazil Mines Department) in May
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/06/13 — Kenai Resources Ltd. (TSX VENTURE: KAI) ("Kenai") is pleased to announce it has engaged Trident Financial Corp. ("Trident") as its investor relations provider. Trident will execute a comprehensive, multi-platform, investor communications program on behalf of Kenai. Trident is based in Vancouver, B.C. and is managed by Robert Riley, a former investment advisor with 18 years of experience in the capital markets.The in
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Kenai Resources Ltd. (TSX VENTURE: KAI) ("Kenai") is pleased to announce that it has closed the non-brokered private placement and has issued 33,500,000 Units at a price of $0.10 per Unit, for gross proceeds of $3,350,000. Each unit consists of one common share and one-half of one common share purchase warrant, of which one whole warrant entitles the holder to purchase one common share of Kenai at a price of $0.125 until May
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Kenai Resources Ltd. ("Kenai") (TSX VENTURE: KAI) is pleased to provide a further update on drilling at the Sao Chico gold project in north central Brazil. The drilling program currently underway at Sao Chico from core holes 11-SC-001 to 11-SC-005 has demonstrated that it is drilling into deeper zones which may be the source of the multiple parallel veins mined on the Sao Chico garimpo. Surface mining by garimpeiros was estim
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/03/11 — Kenai Resources Ltd. ("Kenai") (TSX VENTURE: KAI) is pleased to provide the following update on the Sao Chico gold project in north central Brazil.Drilling UpdateThe first three diamond drillholes (11-SC-001 to 003, to downhole depths of 86.2 meters, 80.5 meters and 111.9 meters respectively) have now been completed. In the third hole, a 300mm wide quartz vein with massive abundant pyrite was intersected at 92 meters downhole