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| Thu Dec 13, 2007 Channel Completes Drilling at El Mozo, Discovers Radiometric Anomaly at West Bienville, Renews Tanlouka Exploration License Channel provides the following update on its exploration activities in Ecuador, Canada and Burkina Faso.
| Read Online | |
| Thu Nov 15, 2007 Channel Appoints Chief Financial Officer, Grants Options Channel Resources Ltd. announces that, as a final step in the move of Channel's head-office from Kelowna to Vancouver, Mr. Gordon Pettman has stepped down as Chief Financial Officer of the Company effective immediately, and Mr. Cyrus Ameli, currently Vice President Corporate Affairs, has been appointed in his place. The company also announces that it has granted an aggregate of 650,000 incentive stock options at a price of $0.155 cents per share to directors, officers and consultants. | Read Online | |
| Wed Oct 31, 2007 Channel Closes Final Tranche of Private Placement Financing Channel Resources Ltd. announces that it has closed the final tranche of its non-brokered private placement of units announced on August 21, 2007. In this tranche, 2,243,334 Units were issued at a price of $0.18 per Unit for gross proceeds of $403,800, bringing the total amount raised in this private placement to $1,327,501. | Read Online | |
| Thu Oct 18, 2007 Channel Commences Drill Program at El Mozo Gold Project, Ecuador Channel Resources Ltd. announces that a core drilling program for the Mozo Gold Project in Ecuador is commencing. Untested geophysical anomalies in the vicinity of surface mineralization and/or alteration as well as deeper levels in the Indira mineralized system are the initial targets of this minimum 1,800 metre program. The results of the 2007 drill program will assist the Company in determining the potential for the project to contain significantly larger gold resources, will help to direct further exploration programs and will contribute to an updated resource estimate for the project to be conducted in 2008. | Read Online | |
| Thu Oct 4, 2007 Channel Announces Extension of Private Placement Closing Date Channel Resources Ltd. announces an extension of the closing date of the final tranche of its private placement financing announced on August 21, 2007. The placement is expected to close by October 31, 2007. | Read Online | |
| Fri Sep 28, 2007 Channel Advances El Mozo, Tanlouka and West Bienville Projects Channel Resources Ltd. announces that a drilling program for the Mozo Gold Project in Ecuador has been arranged, a first-phase exploration program has been completed at the Tanlouka Gold Project in Burkina Faso and a helicopter-borne geophysical survey is being flown over the West Bienville uranium project in Quebec. | Read Online | |
| Mon Sep 10, 2007 Channel Closes First Tranche of Private Placement Financing Channel Resources Ltd. announces that it has closed the first tranche of its non-brokered private placement announced on August 21, 2007, issuing an aggregate of 5,131,670 units at a price of $0.18 per Unit for gross proceeds of $923,700. | Read Online | |
| Tue Sep 4, 2007 Channel and Azimut Sign Letter of Intent on West Bienville Uranium Property in Northern Quebec Channel Resources Ltd. is pleased to announce the signing of a Letter of Intent with Azimut Exploration Inc. to earn a majority interest in the West Bienville Uranium Property in Northern Quebec. | Read Online | |
| Tue Aug 21, 2007 Channel Announces Amendment to Non-Brokered Private Placement Financing Channel Resources Ltd. announces that, due to the effects of recent market-wide events, it has amended the terms to its non-brokered private placement financing originally announced on July 23, 2007 to more closely reflect prevailing conditions. | Read Online | |
| Mon Jul 23, 2007 Channel Announces Non-Brokered Private Placement Financing Channel Resources Ltd. announces a private placement of up to 10,000,000 units (a "Unit") at a price of CDN$0.21 per Unit. | Read Online | |
| Wed Jul 11, 2007 Channel and Azimut Form Strategic Alliance for Ecuador Channel Resources Ltd. and Azimut Exploration Inc. have signed an Agreement forming a Strategic Alliance for mineral exploration in Ecuador, South America. Under the terms of this Agreement, Azimut is to supply a report based on its country-wide mineral potential assessment aimed at identifying major exploration targets, thereby assisting Channel in assembling a portfolio of projects with the best potential for hosting large scale mineral deposits. | Read Online | |
| Mon Jun 25, 2007 Channel Resources Appoints Exploration Manager - Ecuador, Head office Relocated to Vancouver / Stock Options Channel Resources Ltd. is pleased to announce the appointment of Mr. Osman Poma as the Company's Exploration Manager for Ecuador and the General Manager of the Company's wholly owned subsidiary Channel Mining Resources del Ecuador S.A. The Company also announces that effective immediately its management head office, as well as its registered and records offices, have moved from Kelowna, British Columbia to Vancouver. | Read Online | |
| Wed Jun 13, 2007 Change of Directors / Stock Options Channel Resources Ltd. is pleased to announce that effective June 13, 2007 Mr. Louis W. MacEachern has been appointed a Director of the Company and Mr. Cyrus Ameli has been appointed a Director and Vice President, Corporate Affairs of the Company. | Read Online | |
| Wed May 2, 2007 Change of Management Structure Channel Resources Ltd. is pleased to announce that Mr. Colin McAleenan, P.Geo., has been appointed a Director, President and CEO of the Company effective May 2, 2007. | Read Online | |
| Mon Apr 23, 2007 Update Channel Resources Ltd. announces that management is assessing the exploration work to date and considering the options of additional drilling of the Indira/Freddy Zones at the El Mozo Property and conducting metallurgical work on the Indira core for pre-feasibility or deep drilling to test at depth the possibility of an epithermal system lying beneath the existing ore zones at El Mozo. | Read Online | |
| Fri Mar 2, 2007 Stock Options / Appointment of Officer Channel Resources Ltd. announces the Company implemented its 2004 Stock Option Plan (the "Plan"), which Plan was approved by the TSX Venture Exchange and by the shareholders of the Company in March 2004 and again in March 2005 and March 2006. | Read Online | |
| Wed Jan 17, 2007 Channel Resources Ltd. Update Channel Resources Ltd. announces its next phase exploration program on its El Mozo Property, Ecuador will begin spring 2007 rather than January 2007 due to drilling rig availability. | Read Online | |
