Zara Resources Inc - Winston Resources Inc
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Toronto, Ontario, March 2, 2017- Zara Resources Inc. (CSE: ZRI) (“Zara” or the “Company”) announces that it has signed a Letter of Intent which defines the essential terms under which it will enter into a definitive agreement (the “Acquisition Agreement”) for the acquisition by Zara of all the issued share capital of Fox Automotive Switzerland AG, Magnum Pirex AG and its subsidiary Magnum Courb SAS (“Fox Magnum&# Read more
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Toronto, Ontario, January 19, 2016 – Zara Resources Inc (CSE: ZRI) (“Zara”) announces that it has sold a 25 percent interest in its Pigeon River mining claim to Winston Resources Inc (“Winston”) for the sum of $9,000. The Pigeon River mining claim is located about 80 kilometers to the west of Thunder Bay in the Pigeon River area of Northwest Ontario, and covers an unexplored magnetic target with potential to host nickel, copper Read more
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INTENDS A DUAL LISTING ON THE LONDON AIM MARKET DIRECTORS APPROVE SHARE CONSOLIDATION AND MANAGEMENT CHANGE Toronto, Ontario, September 14, 2015 – Zara Resources Inc (CSE: ZRI) (“Zara” or the “Company”) announces that it intends to seek shareholder approval to change its business to a natural resources investment company. Zara proposes to change its Board of Directors and its Management, seek a dual listing on the London AIM Market whil Read more
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Toronto, Ontario, July 2, 2015 – Zara Resources Inc (CSE: ZRI) (“Zara” or the “Company”) announces that, effective July 1, 2015, David M. Lonsdale has been appointed a director of the Company. Mr. Lonsdale is President and CEO of The Lonsdale Group, a Dallas-based private investor in small cap companies. He is a director of GreenBank Capital Inc (CSE:GBC) a publicly listed Canadian merchant bank. Previously he was for ten years the Pres Read more
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Toronto, Ontario, November 27, 2014 – Zara Resources Inc. (CSE: ZRI) (“Zara”) announces that it has settled indebtedness owing to four different parties in the total amount of $483,808 by the issuance of a total of 9,676,160 common shares at $0.05 per common share (the “Debt Conversion”). No commission is payable in relation to the Debt Conversion. The common shares are subject to a hold period of four months and a day. The Read more
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Toronto, Ontario, October 17, 2014 – Zara Resources Inc (CSE: ZRI) (“Zara” or “the Company”) announces that it has terminated the Letter of Intent for the proposed purchase of recreational marine assets. Originally signed on May 30, 2014 and amended on June 17, 2014, the proposed transaction as set out in the Letter of Intent required Chivas Land Limited (“Chivas”) to raise $350,000 in a private placement of Zara shares at $0.05 per Read more
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Toronto, Ontario, June 20, 2014 – Zara Resources Inc (CSE:ZRI) announces that it signed on June 19, 2014 an amendment to the Letter of Intent (“LOI”) previously signed on May 30, 2014, which amendment, among other matters, changes the composition of the consideration for the proposed purchase of the recreational marine assets to now comprise only of newly issued shares of Zara. At closing of the proposed definitive binding agreement, the co Read more
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Existing Mineral Exploration Assets To Be Distributed In A Plan Of Arrangement Toronto, Ontario, May 30, 2014 – Zara Resources Inc (CSE:ZRI) announces that it has signed a Letter of Intent (“LOI”) and proposes to enter into a definitive binding agreement (the “Agreement”) to acquire certain recreational marine assets comprising two recreational submarines, a 10 year lease on a luxury yacht named Avery Claire, and the website www.LuxAqua Read more
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Toronto, Ontario, November 6, 2013 – Zara Resources Inc. (CNSX: ZRI) (“Zara”) announces that it shall effect a conversion of $176,416 of its debt into Units of Zara, each Unit comprising of one common share at $0.06 per share and one warrant exercisable at $0.09 per share (the “Debt Conversion”). The Debt Conversion will result in the issuance of 2,948,416 common shares and 2,948,416 warrants. No commission is payable in rel Read more
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Toronto, Ontario, September 16, 2013 – On Friday, September 13, 2013, following a contested hearing, the Bureau de Decision et de Revision (Quebec) (“BDR”) issued its decision and cease trade order on the Zara Resources Inc. (CNSX: ZRI) (“Zara”) simultaneous bid for Visible Gold Mines Inc. (TSXV:VGD), Greencastle Resources Ltd (TSXV:VGN) and Altai Resources Inc. (TSXV:ATI) pending correction and translation of all offer documents in Read more