Radisson Mining Stock Price, News & Analysis

Radisson Mining Resources (RMRDF) has successfully completed a private placement, raising $6,773,110 through the issuance of 10,819,629 Quebec flow-through and other shares. The funds will be directed towards exploration expenses at the O’Brien project in Québec. Insiders participated with a total of 1,315,800 QC FT Shares and 156,250 FED FT Shares. The Offering includes a cash commission of $305,478 to agents and 794,532 compensation warrants for further share purchases, subject to a four-month hold period.

Radisson Mining Resources has announced notable high-grade gold intercepts from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Significant findings include 34.71 g/t over 3.90 m and 17.56 g/t over 2.00 m, confirming resource expansion potential down to 950 m vertical depth along trend #1. The company has completed 99,100 m of drilling so far and holds a cash balance of approximately $8.5 million. The results continue to validate the lithostructural model and indicate potential for substantial resource growth.

Radisson Mining Resources has appointed Pierre Beaudoin and Jeff Swinoga to its board of directors, effective September 22, 2021. Beaudoin brings over 30 years of experience in mine operations, while Swinoga has 25 years in capital markets and project development. Additionally, Rahul Paul has been confirmed as President and CEO as of September 15, 2021. This leadership change aims to enhance the company's strategic planning and value creation, particularly for the O’Brien Gold Project. Year-to-date, insiders have purchased 5.65 million shares, indicating confidence in the company's future.

Radisson Mining Resources announces promising high-grade gold intercepts from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Key results include OB-21-204 reporting 25.68 g/t Au over 2.00 m and OB-21-211 with 15.91 g/t Au over 2.00 m. This drilling has extended mineralization down to depths of 800 m along trend #2 and 500 m along trend #3, suggesting potential for resource growth. The company maintains a cash balance of approximately $10M, and drilling efforts indicate significant upside in unexplored areas.

Radisson Mining Resources Inc. announced the results of its Annual General Meeting (AGM) held on June 11, 2021. Key approvals included the re-appointment of Raymond Chabot Grant Thornton as auditor, renewal of the shareholder rights plan, and election of directors. A total of 98,435,279 votes were cast, representing 40.07% of Class A shares. The Board awarded 2,380,000 stock options to various stakeholders at an exercise price of $0.28, valid until June 14, 2026. Radisson focuses on gold exploration at its 100% owned O’Brien project in Quebec, known for its high-grade gold production.

Radisson Mining Resources Inc. announced that its class A shares began trading on the OTCQB Venture Market under the ticker symbol RMRDF as of May 5, 2021. The company continues to trade on the TSX Venture Exchange under the symbol RDS. B. Riley Securities acted as the OTCQB sponsor. Radisson focuses on gold exploration at its 100% owned O’Brien project in Quebec, which has historical significance with over 21 million ounces of gold produced in the region over the last century.

Radisson Mining Resources announced promising results from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Significant high-grade gold intercepts include:

• 14.94 g/t Au over 1.60 m
• 18.87 g/t Au over 2.10 m
• 11.13 g/t Au over 10.70 m

The results suggest continuity of high-grade mineralization down to 800 m and potential for wider mineralized zones. The company's cash balance stands at approximately $12.5 million, ensuring continued exploration efforts.

Radisson Mining Resources Inc. reported high-grade gold intercepts from its 130,000 m drill program at the O’Brien gold project in Quebec. Key findings include:

• Intercepts of 57.48 g/t Au over 2.80 m and 18.42 g/t Au over 5.00 m among others.
• Drilling demonstrates continuity of mineralization to vertical depths exceeding 800 m.
• Cash balance of approximately $13.7 M supporting ongoing exploration.

The project is strategically located in a prolific gold mining area, showcasing significant resource expansion potential.

Radisson Mining Resources has promoted Hubert Parent-Bouchard to Chief Financial Officer, effective March 5, 2021. With over ten years in finance and a key role in raising over $30 million for the company, Parent-Bouchard aims to enhance Radisson's growth trajectory, particularly for the O’Brien gold project. He has been with the company since 2014, contributing significantly to business restructuring and investor relations. The promotion aligns with Radisson's focus on unlocking potential in its mining operations. The company also granted him stock options for future performance.