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BWR Exploration Inc. (BWR.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.04000.0000 (0.00%)
At close: 9:31AM EDT
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Previous Close0.0400
Open0.0400
Bid0.0350 x 0
Ask0.0400 x 0
Day's Range0.0400 - 0.0400
52 Week Range0.0200 - 0.0800
Volume20,000
Avg. Volume50,898
Market Cap4.058M
Beta (5Y Monthly)2.75
PE Ratio (TTM)N/A
EPS (TTM)-0.0080
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • BWR Exploration Inc. Holds Annual and Special Meeting of Shareholders and Grant of Stock Options
    GlobeNewswire

    BWR Exploration Inc. Holds Annual and Special Meeting of Shareholders and Grant of Stock Options

    TORONTO, June 03, 2021 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) announces that it held its Annual and Special Meeting of shareholders on May 27, 2021, at which all matters to be considered were unanimously passed. All directors were re-elected to the Board, accordingly management was re-appointed. Neil Novak continues to preside as President and Chief Executive Officer, while Victor (“Vic”) Hugo remains as Chief Financial Officer, George Duguay remains as Vi

  • BWR Exploration Inc. Completes Acquisition of Little Stull Lake Gold Property in NE Manitoba. Provides Project Update
    GlobeNewswire

    BWR Exploration Inc. Completes Acquisition of Little Stull Lake Gold Property in NE Manitoba. Provides Project Update

    TORONTO, May 19, 2021 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) is pleased to announce it has now acquired the full 100% interest of the Little Stull Lake Property. The original Sale Agreement was first entered into with Puma Exploration Inc. (TSX.V: PUMA) (“Puma”) on October 5, 2016, involving cash payments and the issuance of up to 10 million common shares of BWR. The original Sale Agreement was amended October 7, 2019, and further amended May 4, 2021 (collectively “the Agreement”). The main terms of the original Sale Agreement were disclosed in a news release dated October 7, 2016. Pursuant to the Agreement BWR made the following payments to Puma: Aggregate cash payments of $150,000; andAggregate share issuances of 6,000,000 common shares of the Company, with an additional 2,000,000 common shares to be issued. On October 7, 2019, BWR and Puma agreed to amend the exploration expenditure requirement under the original Sale Agreement by reducing the milestone / penalty payments from 5,000,000 to 4,000,000 common shares of BWR and extending the expenditure term from October 5, 2019 to October 5, 2020. Due to various factors including changes to work permit issuance policies by the Crown in their ongoing and evolving consultation protocol process with Indigenous Communities, and exacerbated by the COVID-19 pandemic, BWR did not meet the $1,500,000 spend requirement by October 5, 2020. Consequently, the remaining 4,000,000 common shares became payable to Puma as of October 5, 2020. Puma agreed to defer this payment until early 2021 and then reached a further agreement with BWR dated May 4, 2021 whereby BWR would issue 2,000,000 common shares to Puma in full and final payment of all remaining consideration payable under the Agreement. Puma retains a 1% net smelter royalty on the Little Stull Lake Property. Tanqueray Exploration Ltd. (or its assignee) also retains a 1% net smelter royalty on the Property, half of which is purchasable at any time for $1 million and the second half is purchasable for $2 million. Project Update The COVID-19 pandemic has greatly affected Indigenous Communities in Northern Manitoba, as well as across Canada. Periodic community lockdowns and travel bans have negatively impacted the ability of the Crown to complete the consultation process in advance of the issuance of the required work permits authorizing BWR to conduct exploration. BWR, is hopeful that restrictions regarding travel, community meetings and exploration work in the Province of Manitoba will be relaxed once vaccine recipient numbers reach acceptable levels, allowing community consultation protocol process to continue. BWR Exploration Inc. is a public company focused on exploring for base and precious metals, with its flagship Little Stull Lake Gold Project in NE Manitoba along with other exploration projects in Northern Ontario, and Northern Quebec, Canada. Management of BWR includes an accomplished group of exploration/mining specialists with many decades of operational experience in the junior resource sector in Canada and abroad. Prior to this closing payment to Puma there were 99,442,461 shares issued in BWR; subsequent to the closing payment there are 101,442,461 shares issued. Neither the Toronto Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information about BWR please visit our website: http://www.bwrexploration.com or call/email: Neil Novak, P.Geo., President, CEO &Director, BWR Exploration Inc.82 Richmond St. EToronto, ON M5C 1P1 Office: 416-848-6866nnovak@bwrexploration.com For information regarding this financing please contact:Carl Desjardins, Paradox Investor Services Inc.Cell: 514-618-4477carldesjardins@paradox-pr.ca

  • BWR Exploration Inc. Announces Close of Two Non-Brokered Offerings of Flow-Through and Super Flow-Through Units in Manitoba and Quebec and Completes Continuance into Ontario
    GlobeNewswire

    BWR Exploration Inc. Announces Close of Two Non-Brokered Offerings of Flow-Through and Super Flow-Through Units in Manitoba and Quebec and Completes Continuance into Ontario

    TORONTO, April 19, 2021 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) is pleased to announce the closing (the “Closing”) of the previously announced two simultaneous non-brokered unit offerings, including an offering in Quebec (the “Quebec Unit Offering”) for aggregate gross proceeds of $207,000, on April 16, 2021, through the purchase of 4,140,000 Units, and an offering in Manitoba (the “Manitoba Unit Offering”, together with the Quebec Unit Offering, the “Offerings”) for aggregate gross proceeds of $290,000, on April 16, 2021, through the purchase of 5,800,000 Units, together with the Quebec Unit Offering, for a total aggregate gross proceeds of $497,000 through the purchase of 9,940,000 Units consisting of 9,940,000 common shares (“Common Shares”) plus 4,970,000 warrants, issued in connection with the Closing. As previously announced, each Unit consists of one Common Share, plus one half of one Common Share purchase warrant (a “Warrant”) of the Company. Each Full Warrant will expire 36 months from the date of issue (the “Full Warrant Expiry Date”) and will entitle the holder thereof to purchase one Common Share (a “Full Warrant Share”) at a price of $0.075 per Full Warrant Share within 24 months from the date of issue and for the period that is for 24 months plus one day from the date of issue until the Full Warrant Expiry Date at a price of $0.10 per Full Warrant Share. All securities issued have a hold period of 4 months plus one day, which expires on August 17, 2021 pursuant to the Closing. While the Unit Offering was effected by the Company on a non-brokered basis, the Company paid finder’s fees to arm’s-length third parties, Fortification Capital Inc., iA Private Wealth Inc., and Integral Wealth Securities Ltd. (the “Brokers”), consisting of: $28,000 cash commission representing 8% of the gross proceeds of the Unit Offering raised by the Brokers; and (ii) 509,600 broker warrants (“Broker Warrants”) representing an amount up to 8% of the total number of Units of the Unit Offering raised by the Brokers. Each Broker Warrant will entitle the holder thereof to purchase one Common Share of the Company at the Exercise Price of $0.075 for 12 months from the date of issue. The proceeds of the Manitoba Unit Offering will be used to advance and execute exploration programs (as defined in subsection 66.1(6) of the Income Tax Act (Canada)) on the Company’s Little Stull Lake project in Northeastern Manitoba. Such exploration expenses will also qualify as “flow-through mining expenditures” as defined in subsection 127(9) of the Income Tax Act (Canada). Investors resident in Manitoba may claim tax credits under the Income Tax Act (Manitoba). The proceeds of the Quebec Unit Offering will be used to advance and execute exploration programs (as defined in subsection 66.1(6) of the Income Tax Act (Canada)) on the Company’s Vendome Sud project in Northwestern Quebec. Such exploration expenses will also qualify as “flow-through mining expenditures” as defined in subsection 127(9) of the Income Tax Act (Canada). Investors resident in Quebec may claim additional tax deductions under Quebec’s Taxation Act. CONTINUANCE BWR is also pleased to announce that further to the Company having received the necessary approval of its shareholders at the Company’s annual and special meeting of shareholders held on December 15, 2020, the Company has successfully completed its continuance, effective March 1, 2021, from the federal jurisdiction of Canada into the Province of Ontario under the Business Corporations Act (Ontario). The Company’s articles of continuance are available under the Company’s issuer profile on SEDAR at www.sedar.com. BACKGROUND BWR Exploration Inc. is a public company focused on exploring for base and precious metals, with its flagship Little Stull Lake Gold Project in NE Manitoba along with other exploration projects in Northern Ontario, and Northern Quebec, Canada. Management of BWR includes an accomplished group of exploration/mining specialists with many decades of operational experience in the junior resource sector in Canada and abroad. Prior to this financing there were 89,502,461 shares issued in BWR; subsequent to the closing there are 99,442,461 shares issued. Neither the Toronto Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information about BWR please visit our website: http://www.bwrexploration.com or call/email: Neil Novak, P.Geo., President, CEO & Director,BWR Exploration Inc.82 Richmond St. EToronto, ON M5C 1P1 Office: 416-848-6866nnovak@bwrexploration.com For information regarding this financing please contact:Carl Desjardins, Paradox Investor Services Inc.Cell: 514-618-4477carldesjardins@paradox-pr.ca