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BWR Exploration Inc. (BWR.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.04500.0000 (0.00%)
At close: 3:42PM EDT
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Previous Close0.0450
Open0.0450
Bid0.0400 x 0
Ask0.0450 x 0
Day's Range0.0450 - 0.0450
52 Week Range0.0150 - 0.0600
Volume201,900
Avg. Volume155,028
Market Cap3.902M
Beta (5Y Monthly)3.59
PE Ratio (TTM)N/A
EPS (TTM)-0.0090
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    BWR Exploration Inc. Closes Second and Final Tranche of Private Placement

    TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) is pleased to announce the closing of the second and final tranche (the “Closing”) of the previously announced non-brokered private placement (the “Offering”) for aggregate gross proceeds of $140,000, on September 18, 2020, through the purchase of 2,800,000 Units consisting of 2,800,000 common shares (“Common Shares”) plus 1,400,000 warrants, issued in connection with the Closing. As previously announced, each Unit consists of 1 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.Together, the total proceeds raised from the Offering, including the closing of the first tranche announced on September 17, 2020, have resulted in aggregate gross proceeds of $500,000 through the purchase of 10,000,000 Units.All securities issued have a hold period of 4 months plus one day, which expires on January 19, 2021 for this tranche, pursuant to the Closing.While the Offering was effected by the Company on a non-brokered basis, the Company paid finder’s fees to two arm’s-length third parties, Raymond James Ltd. and Industrial Alliance Securities Inc. (collectively, the “Brokers”). The fees for each of the Brokers consisted of: (i) cash commissions representing 8% of the gross proceeds raised by the Broker in the Offering; and (ii) broker warrants (“Broker Warrants”) representing 8% of the total number of Units raised by the Broker in the Offering. Pursuant to this, Raymond James Ltd. received $4,800 cash commission and 96,000 Broker Warrants, and Industrial Alliance Securities Inc. received $8,800 cash commission and 176,000 Broker Warrants, in connection with the Offering. Each Broker Warrant will entitle the holder thereof to purchase one Common Share of the Company at the Exercise Price of $0.075 for 24 months from the date of issue.As previously announced, two insiders participated in the Offering, subscribing for an aggregate 2,400,000 Units for net proceeds to the Company of $120,000.The proceeds from the Offering will be used for general corporate purposes, with a focus on the Little Stull Lake Gold project located in Northeastern Manitoba.Discussions continue between BWR, the Crown and First Nations proponents for the start-up of a field program at Little Stull Lake. All proponents must adhere to and follow the precautionary guidelines recommended by the Chief Public Health Officer (the “CPHO”). The CPHO announced on September 19, 2020 that Covid-19 is still a threat across Manitoba. Although transmission levels are low, the response level has been set at yellow and travel to Northern Manitoba where the project is located is still restricted. This temporary restriction in travel should not pose a huge delay to the project since BWR anticipates utilizing Manitoba based contractors including members of the local community for the proposed project.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 79,502,461 shares issued in BWR; subsequent to the closing there are 89,502,461 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. E Toronto, ON M5C 1P1 Office: 416-848-6866 nnovak@bwrexploration.comFor information regarding this financing please contact:Carl Desjardins, Paradox Investor Services Inc. Cell: 514-618-4477 carldesjardins@paradox-pr.ca

  • GlobeNewswire

    BWR Exploration Inc. Closes First Tranche of Private Placement

    TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) is pleased to announce the closing of the first tranche (the “Closing”) of the previously announced non-brokered private placement (the “Offering”) for aggregate gross proceeds of $360,000, on September 16, 2020, through the purchase of 7,200,000 Units consisting of 7,200,000 common shares (“Common Shares”) plus 3,600,000 warrants, issued in connection with the Closing. As previously announced, each Unit consists of 1 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 January 17, 2021 pursuant to the Closing.The gross proceeds raised were $360,000. However, as previously announced, the Unit Offering was for aggregate proceeds of up to $500,000, so the remaining available Units in the Offering are 2,800,000 Units for aggregate proceeds of $140,000 which remain open and available. The Company has elected to complete a further closing on or about September 18, for all or a portion of the above residual amount.While the Unit Offering was effected by the Company on a non-brokered basis, the Company paid finder’s fees to an arm’s-length third party, Raymond James Ltd. (the “Broker”), consisting of: $4,800 cash commission representing 8% of the gross proceeds of the Unit Offering raised by the Broker; and (ii) 96,000 broker warrants (“Broker Warrants”) representing an amount up to 8% of the total number of Units of the Unit Offering raised by the Broker. Each Broker Warrant will entitle the holder thereof to purchase one Common Share of the Company at the Exercise Price of $0.075 for 24 months from the date of issue.Two insiders participated in this financing, subscribing for 2,400,000 Units for net proceeds to the Company of $120,000.The proceeds from the Offering will be used for general corporate purposes, with a focus on the Little Stull Lake Gold project located in Northeastern Manitoba.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 79,502,461 shares issued in BWR; subsequent to the closing there are 86,702,461 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. E Toronto, ON M5C 1P1 Office: 416-848-6866 nnovak@bwrexploration.comFor information regarding this financing please contact: Carl Desjardins, Paradox Investor Services Inc. Cell: 514-618-4477 carldesjardins@paradox-pr.ca

  • GlobeNewswire

    BWR Exploration Inc. Further Increases Non-Brokered Unit Offering

    TORONTO, Sept. 09, 2020 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) announces that due to investor demand, it has further increased the proposed non-brokered, unit offering (the “Unit Offering”) announced on August 10 and August 19, 2020. The Unit Offering has increased to a maximum of 10,000,000 units (the “Units”) set out below at a price of $0.05 per Unit. Each Unit will consist of one common share (a “Common Share”) of the Company and one-half Common Share purchase warrant.  Two one-half Common Share purchase warrants comprise one Common Share purchase warrant (a “Full 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 closing of the Unit Offering and for the period that is for 24 months plus one day from closing of the Unit Offering until the Full Warrant Expiry Date at a price of $0.10 per Full Warrant Share. The Unit Offering is for aggregate proceeds of up to $500,000.As previously indicated in the Company’s press release announcing the Unit Offering, while the Unit Offering is being effected by the Company on a non-brokered basis, the Company may pay finder’s fees to arm’s-length third parties consisting of: (i) cash commission of up to 8% of the gross proceeds of the Unit Offering; and (ii) broker warrants (“Broker Warrants”) in an amount up to 8% of the total number of Units issued under the Unit Offering. Each Broker Warrant will entitle the holder thereof to purchase one Common Share of the Company at the Exercise Price of $0.075 for 24 months from the date of issue.The proceeds from the Unit Offering will be used for general corporate purposes including advancing the exploration programs on the Company’s projects in Canada with a focus on the Little Stull Lake Gold project located in Northeastern Manitoba. A statutory four month plus one day hold period will apply to all securities issued in connection with the Unit Offering. The Unit Offering is subject to TSX Venture Exchange and regulatory approval and the Company may elect to close this financing in various tranches.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. There are currently 79,502,461 shares issued and outstanding in the Company.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. E Toronto, ON M5C 1P1 Office: 416-848-6866 nnovak@bwrexploration.comFor information regarding this financing please contact: Carl Desjardins, Paradox Investor Services Inc. Cell: 514-618-4477 carldesjardins@paradox-pr.ca