Welcome to our dedicated page for Astra Exploratio news (Ticker: ATEPF), a resource for investors and traders seeking the latest updates and insights on Astra Exploratio stock.
Astra Exploratio (ATEPF) provides investors and industry observers with essential updates through this dedicated news portal. Track official announcements covering exploration results, strategic partnerships, and corporate developments from the Vancouver-based precious metals explorer.
This resource consolidates critical updates on the company's Latin American projects, including technical reports from the Pampa Paciencia gold-silver property in Chile and progress at the Manchuria prospect in Argentina's Deseado Massif. Users will find timely information on resource estimates, drilling programs, and regulatory milestones presented in compliance with mining disclosure standards.
For consistent monitoring of the company's activities, bookmark this page or check regularly for new filings. All content undergoes verification to ensure alignment with official corporate communications and financial reporting requirements.
Astra Exploration (TSXV: ASTR) (OTCQB: ATEPF) held its Annual General Meeting on December 12, 2024, with 40.02% of shareholders participating, representing 33,656,970 of the total 84,091,108 issued shares. All presented matters were approved by shareholders.
The company also announced the issuance of 5,785,000 stock options to directors, officers, and consultants at a strike price of $0.13 per share. These options will expire on December 23, 2029, with a vesting schedule of one-third immediately, one-third after 18 months, and the final third after 36 months.
Astra Exploration (TSXV: ASTR) (OTCQB: ATEPF) has announced updates regarding its upcoming Annual General Meeting scheduled for December 12, 2024, at 10am Pacific Time. Due to the ongoing Canada Post strike, many shareholders have not received AGM meeting materials. The company has made all AGM materials, including proxy voting forms, available on their website.
Shareholders must submit signed proxy forms by December 10th at 10am Pacific Time. Online voting is available through Odyssey Trust. The announcement complies with CSA's Blanket Order 51-931, which provides temporary relief from proxy-related materials delivery requirements for annual meetings.
Michael Gentile has acquired 7,416,667 units of Astra Exploration Inc. through a private placement. Each unit includes one common share and half a warrant, with each full warrant allowing purchase of one common share at $0.10 for one year. Following this acquisition, Gentile now owns 14,216,667 common shares and 4,708,333 warrants, increasing his ownership to 16.91% undiluted and 21.31% on a partially diluted basis. The warrants include provisions preventing ownership from exceeding 19.99% of total shares. Gentile indicates a long-term investment perspective with potential for future acquisitions or dispositions based on market conditions.
Astra Exploration has confirmed its decision to proceed with the option agreement for the Manchuria epithermal gold-silver Project in Santa Cruz, Argentina, following approvals from the royalty holder and provincial authorities. The agreement, dated July 8, 2024, grants Astra the exclusive option to acquire up to 90% interest in the project from Patagonia Gold Corp. Located in the Deseado Massif region, the project shows potential for a high-grade, multi-million-ounce precious metals deposit based on ongoing data review and drill core re-logging.
Astra Exploration announced a binding agreement to acquire up to a 90% interest in Patagonia Gold's Manchuria epithermal gold-silver project in Santa Cruz, Argentina. The project spans 5,600 hectares in the prolific Deseado Massif, known for its high-grade epithermal precious metal deposits. The site has historical drilling data showing bonanza-grade intersections and an existing resource of 53,900 indicated and 92,400 inferred gold equivalent ounces. Astra plans to invest up to USD $3M over four years with an option to extend, aiming to leverage the project's high-grade feeder zones and expand its resource base. The agreement includes detailed earn-in terms, with Astra having a 45-day due diligence period before finalizing the deal.
Astra Exploration (TSXV: ASTR, OTCQB: ATEPF) announced its participation in the 9th Current Trends in Mining Finance Conference hosted by the Society for Mining, Metallurgy and Exploration (SME) in New York from May 20-22, 2024. The conference will address key issues in sourcing, funding, and mining critical, strategic, industrial, and precious metals amid the industry's transition towards sustainable energy and electric vehicles. Brian Miller, Astra's CEO, will be a panelist discussing the challenges of bringing critical metals and minerals to market.
Astra Exploration Inc. has signed a definitive purchase agreement with Sociedad Quimica y Minera de Chile S.A. to acquire a 20% interest in the Pampa Paciencia project, located in Northern Chile. This acquisition will grant Astra full control, allowing it to own 100% of the property. The transaction involves issuing 1,455,208 common shares valued at $174,625 based on a closing price of $0.12 per share. The agreement is subject to TSX Venture Exchange approval, and the shares will have a four-month hold period.
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