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- Tue May 29, 2012 - Kirrin Resources Reports Q1 2012 Results
Calgary, Canada: Kirrin Resources Inc. today reported its financial results and corporate update for the first quarter of 2012. During the quarter, the Company focused on reviewing alternative financing strategies to complete its 2012 exploration plans as well as negotiations with third parties on introducing new projects to the Company. Negotiations included potentially expanding Kirrin's activities beyond REE and uranium exploration and beyond Canada. No financings were agreed during the quart
- Wed May 16, 2012 - Kirrin Resources Announces Change in Independent Directors
Calgary, Canada: Kirrin Resources Inc. is pleased to announce the appointment of Ian Tweedie as a director. Ian is a chartered accountant with extensive financial and managerial experience in both public and private companies. He has knowledge across a broad range of industrial sectors and has provided corporate finance and financial advisory services to numerous companies, including on private placements and IPO financings. Ian has board-level experience with public companies listed on the TSX V
- Mon Apr 30, 2012 - Kirrin Resources Reports 2011 Results And Provides Corporate Update
Calgary, Canada: Kirrin Resources Inc. today reported its 2011 financial results and fourth quarter highlights, and provided an outline of progress and developments since postponing a private placement in December. As announced at that time, Kirrin is reviewing its plans for 2012 and examining what options are available to maximise shareholder value. Summary financial data for the 2011 results is set out in tabular form below.
Kirrin recorded a net loss for the year of $1,716,986 (2010: loss
- Mon Dec 5, 2011 - Kirrin Postpones Private Placement
Calgary, Canada: Kirrin Resources Inc. today announced that it is postponing the non-brokered private placement announced on October 20, 2011.
Commenting on the announcement, Kirrin President and CEO Derek Moran said: \'I believe investors expected this decision. Market conditions are more than unreceptive, one of Kirrin's advisors called them 'brutal'. We marketed the private placement as the first part of financing 10,000 metres of drilling across Kirrin's portfolio of two REE and two uranium
- Tue Nov 22, 2011 - 2011 Exploration Results Advance Grevet REE Property
Calgary, Canada: Kirrin Resources Inc. today announced that its technical advisors have concluded their review of the results from Kirrin's extensive 2011 exploration program at the Grevet REE property in northwestern Quebec and have made recommendations for advancing the project in 2012.
Some 143 carbonatite and related lithological showings have been recognized to date within the Grevet property. At least 50 of these showings have produced rock samples with elevated REE (greater than (>) 0.5
- Wed Nov 2, 2011 - Kirrin Resources Bottom Brook REE Project Awarded $100,000 Grant by Government of Newfoundland and Labrador
Calgary, Canada: Kirrin Resources Inc. (TSX Venture: KYM) today announced that it has been advised by the Department of Natural Resources of the Province of Newfoundland and Labrador that Kirrin's application for Junior Exploration Assistance under the Mineral Incentive Program has been successful. The grant of $100,000 will be used for the drilling program at the Bottom Brook project scheduled to commence shortly.
Kirrin President and CEO Derek Moran commented: \'The Junior Exploration Assistan
- Thu Oct 20, 2011 - Kirrin Resources Announces $1,500,000 Private Placement
Calgary, Canada: Kirrin Resources Inc. today announced that it is proceeding with a non-brokered financing of up to 30,000,000 units (\'Units\') by way of private placement at a purchase price of $0.05 per Unit for aggregate consideration of up to $1,500,000 (the \'Private Placement\'). Each Unit will consist of one common share in the share capital of Kirrin (\'Common Share\') and one-half of one Common Share purchase warrant (\'Warrant\'). Each full Warrant will be exercisable into one Common Share at
- Wed Oct 12, 2011 - REE Results from Kirrin's Grevet Property Include 20% TREO
Calgary, Canada: Kirrin Resources Inc. today announced analytical results from the second round of sampling at its Grevet REE property in northwestern Quebec. These include 20% total rare earth oxides (TREO), comprising almost 100% LREO (see Note 1), in a grab sample from a carbonatite dykelet. This is a re-sampling of a 2010 location which returned 14% TREO. An additional four samples from other showings within the Grevet property assayed >10% TREO and 14 samples ran between 1.0% and 10% TREO.
- Mon Oct 3, 2011 - Kirrin And Ucore Agree Revised Terms At Bottom Brook Ree Project
Calgary, Alberta: Kirrin Resources Inc. is pleased to announce that agreement has been reached with Ucore Rare Metals Inc. (TSX-V: UCU) on revised terms for Kirrin's acquisition of an interest in the Bottom Brook Rare Earth Element (REE) property in Western Newfoundland. The agreement aligns Kirrin's expenditure obligations with the proposed prospecting and drilling programs to advance exploration which has already defined a substantial Heavy REO component to mineralization on the property.
- Wed Sep 21, 2011 - Kirrin Stakes New Property In SE Athabasca Basin
Calgary, Alberta: Kirrin Resources Inc. is pleased to announce that it has staked an additional 4,185 ha adjacent to its Key Lake Southwest ('KLSW') uranium property located on the southeastern margin of the Athabasca Basin in Saskatchewan, Canada. Staking in the area was competitive and Kirrin secured its target area and completed recording on September 3, 2011.
The staked area is situated in the Wollaston geological domain and is about 50 km south of the Wheeler River, the site of Denison's Phoeni