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Pacific Bay Minerals Ltd. (V:PBM)

Business Focus: Diversified Mining

May 13, 2024 06:26 pm ET
Pacific Bay Announces Closing of First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or, the "Company") is pleased to announce the closing of a first tranche ("Tranche 1") of its non-brokered private placement (the "Financing"), previously announced on March 18, 2024 and March 26, 2024, issuing a total of 2,600,000 units (the "Hard Units") at $0.05 per Hard Unit, and 1,178,144 flow-through units (the "Flow-Through Units") at $0.07 per Flow-Through Unit, for aggregate total gross proceeds of $212,470.
Mar 26, 2024 05:32 pm ET
Pacific Bay Minerals Increases Financing to $350,000
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Pacific Bay Minerals Ltd. (TSXV: PBM ) ("Pacific Bay" or the "Company") reports that its previously announced non-brokered private placement ("the Financing") of flow-through and non-flow-through units (collectively, the "Units) has been increased by $100,000 for gross proceeds of up to $350,000, now consisting of $150,000 non-flow-through units (the "Hard Units") and $200,000 flow-through units (the "Flow-through Units").
Mar 18, 2024 08:00 am ET
Pacific Bay Minerals Announces 250K Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("PacBay" or the "Company") announces a non-brokered private placement for the proceeds of up to $250,030 ("the Financing").
Mar 06, 2024 08:00 am ET
Pacific Bay Minerals Stakes Sphinx Lake REE Property
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2024) - Pacific Bay Minerals Ltd (TSXV: PBM) ("Pacific Bay" or the "Company"), a mineral exploration company, is pleased to announce the staking of the Sphinx Mountain Rare Earth Elements Project, situated in Northern British Columbia, approximately 50km North East of Dease Lake.
Feb 06, 2024 07:00 am ET
Pacific Bay Minerals Grants Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2024) - PACIFIC BAY MINERALS LTD. (TSXV: PBM) "Pacific Bay" or the "Company," announces that the Company has granted 2,050,000 incentive stock options (the "Options") to officers and directors of the Company. The Options are exercisable at $0.05 per share for a period of three years from the date of grant. The Options have been granted under and are governed by the terms of the Company's Incentive Stock Option Plan.
Nov 29, 2023 08:00 am ET
Pacific Bay Minerals Ltd. Appoints Joao Alexandre as Director
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2023) - PACIFIC BAY MINERALS LTD. (TSXV: PBM) "Pacific Bay" or the "Company," A mineral explorer and developer, is pleased to announce Joao Alexandre Almeida Vieira is moving into the role of Director, effective immediately.
Sep 22, 2023 08:00 am ET
Pacific Bay Minerals Ltd. Announces Resignation of Director
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2023) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company"), reports that the Board of Directors of the Company have accepted the resignation of Mr. Antonio Vespa effective immediately.
Sep 06, 2023 08:25 pm ET
Pacific Bay Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or, the "Company") reports that the Company has closed partial proceeds of the non-brokered, $500,000 private placement announced May 15, 2023, amended terms of which were announced May 30th, 2023 (the "Financing"), totaling $28,000. The balance of the Financing will not be proceeding. According to the amended terms of the Financing, the Company issued 560,000 units at $0.05 per share, consisting of one share and one warrant to purchase an additional share for three years at $0.10 per share. Proceeds of the Financing will be used for general working capital purposes. No finder's fees or commissions were paid with respect to the Financing.
Aug 11, 2023 02:35 pm ET
Pacific Bay Minerals Ltd. Atlin Goldfields Option Not Proceeding
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2023) - Reagan Glazier, President & CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company's option agreement with Brixton Metals Corporation ("Brixton") to acquire the Atlin Goldfields Project has terminated. The Company was not in a position to make the $200,000 cash payment to Brixton and notwithstanding Pacific Bay's attempt to renegotiate the terms of the option, Brixton elected to terminate the agreement.
Jun 30, 2023 08:00 am ET
Teako Minerals Corp. Announces New Members to The Service Alliance: Exploration Companies, Communication and Exploration Services
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2023) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has strengthened The Service Alliance (see news release dated May 1, 2023) with thirteen (13) new likeminded members. The Service Alliance is a key strategy to increase the chances of success by leveraging the strengths of other exploration, technology, communication, exploration service and finance companies and creating an environment of shared knowledge and resources. The Service Alliance now boasts eighteen (18) exploration companies; three (3) technology companies; four (4) communication service companies; two (2) financing companies; and two (2) exploration service companies (collectively, the "Service Alliance Members").
May 30, 2023 08:58 am ET
Pacific Bay Minerals Amends Terms of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2023) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("PacBay" or the "Company announces that, further to its press release dated May 15, 2023, and due to challenging market conditions, it has amended the terms of it's previously announced non-brokered private placement (the "Offering"). The Company has reduced the price of the units ("Units") under the Offering from $0.07 per Unit to $0.05 per Unit. Each Unit will now be comprised of one common share in the capital of the Company (each, a "Share") and one Share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Share for a period of 36 months from the closing date of the offering, at an exercise price of $0.10 per Share.
May 25, 2023 09:30 am ET
Pacific Bay Minerals Announces Issuance of Shares in Satisfaction of Debt
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or, the "Company") is pleased to announce that, further to its press release dated March 28, 2023, it has issued 4,000,000 common shares of the Company ("Shares") at a deemed price of $0.05 per Share to settle $200,000 of previously outstanding indebtedness owed to the estate of former Pacific Bay director Guilford Brett (the "Estate"). The Shares are subject to a hold period expiring four months and one day after the date of issuance.
May 17, 2023 08:30 am ET
Pacific Bay Minerals Ltd. to Present at the Emerging Growth Conference on May 17th, 2023
Pacific Bay Minerals Ltd. invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.
May 15, 2023 09:11 am ET
Pacific Bay Minerals Announces $500,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2023) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("PacBay" or the "Company is pleased to announce a non-brokered private placement of up to 7,150,000 units (the "Units") of the Company at a price of $0.07 per Unit for gross proceeds of up to $500,500 (the "Offering"). Each Unit will consist of one common share (each, a "Share") and one-half of one Share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder to acquire an additional Share at a price of $0.12 per Share for a period of 36 months from the closing date of the Offering.
May 05, 2023 09:00 am ET
Pacific Bay and Brixton Metals Amend Atlin Goldfields Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2023) - Reagan Glazier, president and CEO of Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that Pacific Bay and Brixton Metals Corp ("Brixton") have agreed to amend the terms of the definitive option agreement entered into by the parties on May 4th, 2022 enabling Pacific Bay to acquire up to a 100% interest in the Atlin Goldfields Property in northern BC (the "Agreement"). The amending agreement (the "Amendment") provides Pacific Bay additional time to complete the required first anniversary cash payment and work commitment, as outlined below.
Mar 28, 2023 09:20 am ET
Pacific Bay Minerals Announces Debt Conversion and Restructuring
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or, the "Company") is pleased to announce that it has reached an agreement with the estate of former Pacific Bay director Guilford Brett (the "Estate") to convert approximately $200,000 of debt consisting of loans, cash advances and accrued interest into common shares of the Company ("Shares") at a price of $0.05 per Share (the "Debt Conversion"). The 4,000,000 Shares to be issued pursuant to the Debt Conversion will be subject to a hold period expiring four months and one day after the date of issuance. Following the issuance of the Shares, the Estate will hold 4,495,297 Shares, or approximately 15.28% of the total issued and outstanding Shares.
Mar 23, 2023 09:00 am ET
Geologist Reagan Glazier Appointed President, CEO & Director
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2023) - Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has appointed BC geologist Reagan Glazier to its board of directors and as President and CEO of the Company. Former President & CEO David H. Brett will remain on the board as non-executive chair. Coincident with the forgoing changes, Pacific Bay director Bill Smith has stepped down from the board to focus on other priorities.
Mar 20, 2023 07:30 am ET
Brixton Metals Drills 9m of 1037 g/t Silver including 4m of 2043 g/t Ag from Hole-283 and Drills 7m of 0.37% Cobalt Including 4m of 0.60% Co from Hole-265 at its Langis Project, Ontario
Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce final drill results from the 2022 drill campaign at its wholly owned Langis Project. The project is located in the Cobalt Camp of Ontario,...
Dec 12, 2022 09:00 am ET
Pacific Bay Drills 3.05 Metres of 9.96 g/t Gold at Atlin Goldfields
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2022) - Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has now received assay results for the initial drill phase conducted in September 2022, consisting of two diamond drill holes on the Atlin Goldfields Project ("the Property") near the town of Atlin in northern British Columbia. Pacific Bay holds an option to acquire up to a 100% interest in the Property from Brixton Metals Inc.
Oct 31, 2022 04:54 pm ET
Pacific Bay Announces Management Change
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2022) - Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that Helder Carvalho has resigned as Vice President of Corporate Development. Mr. Carvalho decided to pursue other opportunities and the Board wishes him well with his future endeavors.
Oct 20, 2022 09:00 am ET
Pacific Bay Completes Drilling at Atlin Goldfields, Assays Pending and Announces Management Changes
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2022) - Mr. David Brett, President & CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has completed two diamond holes at the Atlin Goldfields Project ("the Property") near the town of Atlin in northern British Columbia. The drilling encountered mineralization within the Property's high grade Yellowjacket shear/vein system and assays are pending. Pacific Bay holds an option to acquire up to a 100% interest in the Property from Brixton Metals Inc.
Sep 07, 2022 09:00 am ET
Pacific Bay Commences Drilling at Atlin Goldfields Property
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - Mr. Antonio Vespa, President & CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that diamond drilling has commenced at the Company's Atlin Goldfields Project ("the Property") near the town of Atlin in northern British Columbia. The Company has contracted Diamondhead Drilling to complete a series of drill holes targeting the Property's high grade Yellowjacket shear/vein system. Pacific Bay holds an option to acquire up to a 100% interest in the Property from Brixton Metals Corporation.
Sep 07, 2022 08:00 am ET
Brixton Metals Announces Pacific Bay Minerals Starts Drilling at the Atlin Goldfields Project
Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that its Earn-In partner Pacific Bay Minerals Ltd. (TSXV: “PBM” or “Pacific Bay”) has commenced drilling at the Company’s Atlin Goldfields...
Sep 02, 2022 06:01 pm ET
Pacific Bay Announces Addition of Technical Advisory Board and Changes to Management
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2022) - Antonio Vespa, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") announces that Linda Dandy, P.Geo., has joined the Company's Technical Advisory Board. The Company also reports that, Sebastien Ah Fat has resigned as Vice President of Exploration of the Company, effective immediately.
Aug 23, 2022 09:00 am ET
Pacific Bay Commences Exploration Mobilization to Atlin Goldfields Property
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2022) -  Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") is pleased to report that the Company has engaged Diamondhead Drilling Inc. for its upcoming drilling campaign expected to commence in September of 2022. Diamondhead has mobilized equipment to Yellowjacket Camp located within the Atlin Goldfields Property (the "Property") and the Company's management has been on site the last several weeks to initiate camp and exploration preparations.
Jul 26, 2022 03:36 pm ET
Early Warning Report Filed Pursuant to National Instrument 62-103
Acquisition of Securities of Pacific Bay Minerals Ltd.
Jul 23, 2022 03:47 pm ET
Early Warning Report Filed Pursuant to National Instrument 62-103
Acquisition of Securities of Pacific Bay Minerals Ltd.
Jul 21, 2022 08:00 am ET
Brixton Metals Receives Initial Payment from Pacific Bay Minerals Ltd with Respect to the Earn-In Agreement at its Atlin Goldfields Project
Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that its Earn-In partner Pacific Bay Minerals Ltd. (TSXV: “PBM” or “Pacific Bay”) has completed the first phase of the closing agreement,...
Jul 21, 2022 08:00 am ET
Pacific Bay Closes Financing and Atlin Goldfields Option, Announces Management Changes
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2022) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") is pleased to announce the closing of the definitive option agreement (the "Agreement") to acquire up to a 100% interest in the Atlin Goldfields Property in northern BC from Brixton Metals Corp. and related non-brokered private placement. Also, the Company announces changes to the executive management structure including the appointment of a new director.
May 31, 2022 09:00 am ET
Pacific Bay Amends Private Placement Terms
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2022) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has, subject to the acceptance of the TSX Venture Exchange, amended the terms of the $500,000 non brokered private placement announced March 24, 2022, and as amended May 6th, 2022 in connection with the Company's proposed acquisition of the Atlin Goldfields Property (the "Financing").
May 06, 2022 08:00 am ET
Brixton Metals Signs Definitive Agreement for its Atlin Goldfields Project with Pacific Bay Minerals Ltd
Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce it has signed a Definitive Agreement with Pacific Bay Minerals Ltd. (TSXV: “PBM” or “Pacific Bay”). Under the Agreement, Pacific Bay has the...
May 06, 2022 08:00 am ET
Pacific Bay and Brixton Sign Definitive Option Agreement for Atlin Goldfields Property in BC, Completes NI 43-101 Technical Report, Private Placement Terms Amended
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2022) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that Pacific Bay, further to the Company's March 24, 2022 Letter of Intent announcement, has signed a Definitive Agreement (the "Agreement") with Brixton Metals Corp. ("Brixton") to acquire an option to purchase up to a 100% interest in the Atlin Goldfields Project (the "Property"), located in Northwest British Columbia. The Agreement remains subject to the completion by PBM of a $500,000 financing, and receiving approval from the TSX Venture Exchange.
Apr 29, 2022 04:19 pm ET
IIROC Trading Resumption - PBM
VANCOUVER, BC, April 29, 2022 /CNW/ - Trading resumes in:
Apr 28, 2022 10:03 am ET
Pacific Bay Minerals to Resume Trading on the TSX Venture Exchange on May 2, 2022
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2022) -  David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the common shares of Pacific Bay have been approved to resume trading at the opening on May 2, 2022. Trading in Pacific Bay was halted at the Company's request pursuant to the news release dated March 24, 2022 in which Pacific Bay announced the signing of a Letter Agreement (the "Agreement"), constituting a reviewable transaction, to purchase up to a 100% interest in the Atlin Goldfields Project (the "Property"), located in Northwest British Columbia. Trading was required to remain halted at the request of the TSX Venture Exchange pending receipt and review of acceptable documentation regarding a fundamental acquisition, pursuant to listings Policy 5.6(d) of exchange Policy 5.3. Completion of the transaction remains subject to a number of conditions, including but not limited to, exchange acceptance and closing of the private placement announced in conjunction with the Agreement.
Mar 24, 2022 01:44 pm ET
Pacific Bay Announces Letter of Intent to Option Atlin Goldfields Property in BC, and $500,000 Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2022) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that Pacific Bay has signed a Letter Agreement (the "Agreement") with Brixton Metals Corp. ("Brixton") to acquire an option to purchase up to a 100% interest in the Atlin Goldfields Project (the "Property"), located in Northwest British Columbia. The Agreement is subject to the completion of a definitive option agreement, the completion by PBM of a $500,000 financing, and the approval of the TSX Venture Exchange.
Mar 24, 2022 08:14 am ET
Brixton Metals Signs LOI for its Atlin Goldfields Project to Pacific Bay Minerals for $3.2M in Cash, 10M shares, $7M in Work and 2% NSR
Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce it has entered into a Letter of Intent with Pacific Bay Minerals Ltd. (TSXV: “PBM” or “Pacific Bay”), subject to a Definitive Agreement. Under...
Mar 24, 2022 07:57 am ET
IIROC Trading Halt - PBM
VANCOUVER, BC, March 24, 2022 /CNW/ - The following issues have been halted by IIROC:
Mar 02, 2022 09:30 am ET
Pacific Bay Mourns the Passing of Director Guilford Brett
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2022) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, "Pacific Bay" or the "Company"), is sad to report that his father and long-time director and former CEO of Pacific Bay Guilford H. Brett passed away peacefully in Vancouver on February 25th, 2022 at the age of 91.
Jan 31, 2022 09:30 am ET
Pacific Bay Adds to Land Package at Wheaton Creek Gold Property
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2022) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM)  ("Pacific Bay" or the "Company") is pleased to announce that the Company has increased its land position at the Wheaton Creek Gold Project. An additional 730 hectares adjoining the southern limit of the existing mineral tenures held by the Company was acquired via staking, increasing the land position to 3,750 hectares. The additional acreage encompasses the extension of the sedimentary-ultramafic geological contact previously identified by the Company as prospective for gold. In addition, the area where the renowned Turnagain gold nugget, the fourth largest gold nugget discovered in British Columbia, was found within the new mineral tenure area.
Jan 04, 2022 05:57 pm ET
Pacific Bay Flow-Through Financing Update
Vancouver, British Columbia--(Newsfile Corp. - January 4, 2022) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company"), announces that the $100,000 non-brokered private placement announced on the 14th of December, 2021, will not be proceeding.
Dec 14, 2021 09:30 am ET
Pacific Bay Announces Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2021) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM), "Pacific Bay" or the "Company") is pleased to announce that the Company has arranged a non-brokered private placement issuing 833,334 flow-through units priced at $0.12 per unit for gross proceeds of $100,000 (the "Offering").
Oct 20, 2021 09:30 am ET
Pacific Bay Magnetic Interpretation Identifies New Drill Targets at Wheaton Creek Gold Property
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2021) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") is pleased to announce that the Company has identified new drill targets and refined its drill program through analysis and interpretation of the airborne magnetic, VLF, and radiometric surveys carried out by Precision GeoSurveys Inc. (Precision) over the Wheaton Creek Gold Property in Northern British Columbia.
Aug 18, 2021 09:30 am ET
Pacific Bay Airborne Survey Reveals Magnetic Anomalies at Wheaton Creek Gold Property
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2021) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") is pleased to announce that Precision GeoSurveys Inc. ("Precision") has completed the airborne magnetic survey (the "Survey"), announced on June 16, 2021, over the Company's 100% owned Wheaton Creek Gold property (the "Property") in Northern British Columbia. The survey has successfully outlined distinctive magnetic features that will assist the drill targeting in the upcoming program.
Jun 16, 2021 09:30 am ET
Pacific Bay Minerals Announces Commencement of Detailed Airborne Magnetic Survey at Wheaton Creek Gold in British Columbia
Vancouver, British Columbia--(Newsfile Corp. - June 16, 2021) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") is pleased to announce that the Company has engaged Precision GeoSurveys Inc. ("Precision") of Langley, British Columbia to perform a detailed airborne magnetic survey over the Company's 100% owned Wheaton Creek Gold property (the "Property), located in Skeena Mining Division of Northern British Columbia.
May 27, 2021 09:30 am ET
Pacific Bay Minerals Provides Corporate Update and Announces Plans for the Remainder of 2021
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2021) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") is pleased to provide an update on the Company's exploration strategy and program for its 100% owned Wheaton Creek Gold and Haskins-Reed polymetallic properties.
Feb 05, 2021 08:17 pm ET
Pacific Bay Closes Final Tranche of Financing
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2021) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM) ("Pacific Bay" or the "Company") reports that the Company has closed a $35,750 final tranche of a previously announce financing through issuance of 286,000 units at a price of at a price of $0.125 per unit (the "Units"). The Units consist of one common share and one warrant to purchase one additional common share at a price of $0.175 for one year. The Units issued under this final tranche will be subject to a four month hold period expiring June 6th, 2021. The Company plans to use the proceeds of the financing to explore its 100% owned British Columbia gold and polymetallic properties and for working capital purposes. No finder's fees were paid with respect to the closing.
Jan 22, 2021 07:01 pm ET
Pacific Bay Extends Closing Date of Non Flow-Through Financing By Two Weeks
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2021) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has received TSX Venture Exchange approval to extend the closing date of the remaining 1,210,000 non flow-through units (the "NFT Units") at a price of $0.125 per NFT Unit, to February 5th, 2021. Each NFT Unit consists of one common share and one warrant to purchase one additional common share at a price of $0.175 for one year.
Dec 22, 2020 04:19 pm ET
Pacific Bay Extends Closing Date of Remaining Flow-Through, Non Flow-Through Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2020) -  David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has received TSX Venture Exchange approval to extend the closing of the remaining $171,500 of a $537,500 non-brokered flow-through and non flow-through private placement announced on November 4, 2020 (the "Financing") to January 21, 2021. A $366,000 first tranche of the Financing was closed on December 8, 2020. As yet unclosed are 113,200 flow-through units (the "FT Units") at a price of $0.175 per FT Unit and 1,210,000 non flow-through units (the "NFT Units") at a price of $0.125 per NFT Unit. Each FT Unit consists of one common share and one warrant to purchase one non flow-through share at a price of $0.225 for one year. Each NFT Unit consists of one common share and one warrant to purchase one additional common share at a price of $0.175 for one year.
Dec 09, 2020 08:26 pm ET
Pacific Bay Closes $366,000 First Tranche of Flow-Through, Non Flow-Through Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2020) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) "Pacific Bay" or the "Company") reports that the Company has closed a $366,440 gross proceeds first tranche a $537,500 non-brokered private placement announced November 4, 2020. The Company issued 1,886,800 Flow Through Units (the "FT Units") at a price of $0.175 for proceeds of $330,190 and 290,000 Non Flow Through units (the "NFT Units") at a price of $0.125 per unit for proceeds of $36,250. Each FT Unit consists of one "flow-through share" (as defined in subsection 66(15) of the Income Tax Act (Canada)), which is a common share and one warrant to purchase one non flow through share at a price of $0.225 for one year. Each NFT Unit consists of one common share and one warrant to purchase one additional common share at a price of $0.175 for one year.
Nov 30, 2020 07:13 pm ET
Pacific Bay Shareholders Pass All Resolutions at AGM Including Election of New Director
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2020) -  David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that shareholder's passed all resolutions put before the Company's Annual & Special General Meeting held November 27th, 2020, in Vancouver, including the election of new director Antonio Vespa, the Company's current VP of Operations. 39.83% of the outstanding shares were voted at the meeting by proxy and in person. Management's slate of five directors were elected each with 99.89% in favour: David Brett, Frank Moyle, Guilford Brett, Bill Smith and Antonio Vespa. Shareholders also approved the Company's stock option plan (99.89% in favour), and the continuance of Lancaster & David as the Company's auditors for the ensuing year (99.89% in favour).
Nov 04, 2020 09:15 am ET
Pacific Bay Announces Repricing and Reduction of Flow-Through & Non Flow-Through Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2020) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has repriced, subject to the acceptance of the TSX Venture Exchange, it's non-brokered private placement announced September 24, 2020 with planned gross proceeds of $625,000. The announced 1,500,000 non flow-through units at $0.15 per unit will now be priced at $0.125 per unit, consisting of one common share and one warrant to purchase one additional common share at a price of $0.175 for a period of one year. The previously announced 2,000,000 flow-through units at $0.20 per unit will now be priced at $0.175 per unit consisting of one flow-through share and one warrant to purchase one non flow-through share at a price of $0.225. Gross proceeds will now be $187,500 non flow-through and $350,000 flow-through funds, totalling $537,500 in aggregate. The Company plans to pay finders fees on all or part of the financing.
Sep 24, 2020 09:00 am ET
Pacific Bay Announces Additions to Management Team, Flow-Through & Non Flow-Through Financing, and Sets Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2020) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has made a number of additions to its management team, arranged a non-brokered private placement for gross proceeds of $625,000, and granted incentive stock options to purchase 1,400,000 shares of the Company at $0.15 per share for three years. The financing and stock options are subject to the acceptance of the TSX Venture Exchange.
Aug 13, 2020 09:17 am ET
Pacific Bay Trading Reinstatement Requirements
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2020) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM), ("Pacific Bay" or the "Company") reports that the Company has now filed its Annual Audited Financial Statements for the year ended December 31, 2019 and its Interim Financial Statements for the Period ended March 31, 2020. Accordingly, the British Columbia Securities Commission published a Revocation Order on July 31, 2020, lifting the Cease Trade Order ("CTO") over the Company. In relation to the CTO, the TSX Venture Exchange (the "Exchange") required that the Company make application to the Exchange for reinstatement of trading of its securities. The Company's application was approved and trading is expected to resume August 13, 2020.
Aug 12, 2020 04:16 pm ET
IIROC Trading Resumption - PBM
VANCOUVER, BC, Aug. 12, 2020 /CNW/ - Trading resumes in:
Jun 23, 2020 04:26 pm ET
Pacific Bay Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2020) -  David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") hereby provides an update on the status of the filing of its annual audited financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its financial year ended December 31, 2019 ("Annual Financial Statements").
Jun 22, 2020 08:08 am ET
IIROC Trading Halt - PBM
VANCOUVER, BC, June 22, 2020 /CNW/ - The following issues have been halted by IIROC:
Jun 02, 2020 06:05 pm ET
Pacific Bay Provides Update on Interim Financial Filings
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") provides an update on the status of the filing of its interim financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its interim period ended March 31, 2020.
Apr 27, 2020 07:41 pm ET
Pacific Bay Provides Update On Annual Financial Filings
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2020) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") provides hereby an update on the status of the filing of its annual financial statements, including the accompanying management's discussion and analysis, and related CEO and CFO certifications for its financial year ended December 31, 2019.
Sep 16, 2019 09:30 am ET
Wheaton Creek Gold Property Highlights Include 4.9 gpt Gold Drill Intercept Over 3.05 Metres, Highly Anomalous Gold Soil Values
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2019) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that a review of historical exploration data at the Company's 100% owned Wheaton Creek Gold Property south of the Turnagain River near Dease Lake in northern BC (formerly called the Boulder Property), has highlighted a number of significant and encouraging findings, including a 1986 drill hole (DDH 86-1) that cut 4.9 gpt gold over 3.05 metres. Additional drilling is warranted over a 1.5 kilometre zone prospective for both high grade and low grade bulk tonnage gold mineralization.
Aug 12, 2019 11:01 am ET
Pacific Bay Intersects 2 Grams Per Tonne Gold and 13.71 g/t Silver over 4.61 Metres at Weaver Lake Gold Property
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2019) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the first hole of a two-hole, 236 metre drill program at the Company's 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC returned assays of 2 g/t gold and 13.71 g/t silver over 4.61 metres. These results represent core lengths only, as the true width of the structure has not yet been determined. The second hole returned no significant assays.
Jul 08, 2019 04:15 pm ET
Pacific Bay Adds Geologist Frank Moyle to Board, Long-Time Director Joel Tarrida Steps Down
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2019) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") is pleased to report that veteran geologist Frank Moyle, B.Sc., has joined the board of directors of the Company. Longtime director Joel Tarrida, businessman based in Bellingham, WA, has stepped down.
Jan 25, 2019 09:00 am ET
Pacific Bay Drills 5.2 Metres Grading 6.20% Zinc, 35.83 gpt Silver, 0.68% Lead, & 0.23% Copper at Haskins-Reed
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2019) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports assay results from a 7 hole, 448.2 metre diamond drill program completed at the Company's 100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC.
Jan 18, 2019 04:15 pm ET
Pacific Bay Completes Shares for Debt Transactions
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2019) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that agreements to settle debt with seven creditors, (including, certain directors, officers and insiders) as previously announced on September 14, 2018, and December 21, 2018, have been completed. The Company has issued 5,688,588 common shares (post-consolidation) at a deemed price of $0.10 per share to extinguish $568,858 of debts. These shares are subject to a hold period ending May 17, 2019.
Dec 21, 2018 05:43 pm ET
Pacific Bay Completes Share Consolidation and Closes Financing
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2018) -  David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, the "Company") reports that the share consolidation (five old for one new) has become effective, and the post-consolidation common shares commenced trading at the open of the market on Friday December 21, 2018. There were 7,362,323 post-consolidation common shares of the Company outstanding prior to completion of the Offering described below.
Dec 19, 2018 09:00 am ET
Pacific Bay Confirms Share Consolidation Effective Date
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2018) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the share consolidation (five old for one new) that was approved by shareholders on June 22, 2018, shall be become effective prior to the open of the market on Friday December 21, 2018. Further, the post-consolidation common shares shall commence trading on Friday December 21, 2018. The name of the Company and the trading symbol shall remain unchanged.
Oct 16, 2018 09:20 am ET
Pacific Bay Completes Two Drill Holes at Weaver Lake Gold Property in BC
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2018) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has completed two diamond drill holes at the Company's 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC. The holes targeted a previously identified high grade gold bearing quartz vein. Mineralized intercepts were encountered and assays are pending.
Sep 25, 2018 09:00 am ET
Drill Program Underway at Pacific Bay's Haskins-Reed Polymetalic Property in Northern BC
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2018) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that a diamond drill program is now underway at the Company's 100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC. Drill contractor DJ Drilling is using a low-impact, highly portable rig to test targets near the Meteor Zone, where 2011 drill hole 11MZ-07 encountered 17.5 metres grading 88.35 g/t silver, 1.11% lead and 3.39% zinc.
Sep 14, 2018 01:36 pm ET
Pacific Bay Financing, Shares for Debt, Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2018) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that it intends to proceed with a consolidation of its share capital on a 5:1 basis (the "Consolidation"). The Consolidation as approved by shareholders of the Company at its recently completed annual general meeting. Concurrently with the Consolidation, the Company plans to issue 6,088,588 post-Consolidation common shares in settlement of $ 608,858 in debt at a deemed post-Consolidation price of $0.10 per share (all prices in this release are on a post-Consolidation basis), and raise up to $500,000 (the "Offering") through non-brokered private placements of 2 million flow-through units at $0.15 (the "FT Units") per unit and 2 million non-flow through units at $0.10 per unit (the "NFT Units"). The FT units will consist of one common share and one full warrant to purchase an additional NFT common share at $0.25 per share for a period of one year. The NFT Units will consist of one common share and one full warrant to purchase an additional NFT common share at $0.20 for a period of one year. All of the foregoing transactions are subject to the approval of the TSX Venture Exchange.
Jun 28, 2018 04:00 pm ET
Pacific Bay Shareholders Pass All Resolutions at ASGM
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2018) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that shareholder's passed all resolutions put before the Company's Annual & Special General Meeting held June 21, 2018 in Vancouver. 29.69% of the outstanding shares were voted at the meeting by proxy and in person. Management's slate of three directors were elected: David Brett (96.23% in favour), Joel Tarrida (96.61% in favour), and Guilford Brett (96.20% in favour). Shareholders also approved the Company's stock option plan (96.55% in favour), the continuance of Lancaster & David as the Company's auditors for the ensuing year (96.64% in favour), and a 5 for 1 share consolidation (96.56% in favour), with such consolidation to be effected at the discresion of management. Management currently intends to proceed with the consolidation as soon as possible.