|Bid||1.1350 x 0|
|Ask||1.1350 x 0|
|Day's range||1.1100 - 1.1500|
|52-week range||0.6050 - 2.1200|
|Beta (5Y monthly)||0.31|
|PE ratio (TTM)||N/A|
|Earnings date||27 Aug 2020 - 06 Sep 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||31 Aug 2018|
|1y target est||1.46|
Loncor Resources Inc. ("Loncor" or the "Company") (TSX: "LN"; OTCQB: "LONCF") announces that it expects to file by June 10, 2020 the independent National Instrument 43-101 technical report (“NI 43-101 Report”) relating to the mineral resource estimates on the Company’s Imbo Project reported in the Company’s April 17, 2020 press release (required by paragraph 4.2(1)(j) of National Instrument 43-101). In filing the NI 43-101 Report by June 10, 2020, the Company is relying on the decision of Canadian securities regulators, including the Ontario Securities Commission, which provides a temporary exemption to reporting issuers such as Loncor in connection with the filing of certain continuous disclosure and other documents due during the period from March 23, 2020 to June 1, 2020.
Resolute Canada 2 Pty Ltd (the “Acquiror”), a wholly-owned subsidiary of Resolute Mining Limited, announces that it has acquired 850,000 common shares (the "Purchased Shares") of Loncor Resources Inc. (the "Company") at a price of CAD$0.40 per Purchased Share (for a total purchase price of CAD$340,000) from a single vendor pursuant to a private sale transaction (the “Transaction”). The Purchased Shares represent 0.84% of the currently outstanding common shares of the Company.
Loncor Resources Inc. ("Loncor" or the "Company") (TSX: "LN"; OTCQB: "LONCF") is pleased to announce the appointment of Mr. John Barker as Vice President of Business Development for Loncor. As per the joint venture agreement signed in January 2016, Barrick manages and funds exploration on the said ground at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting the investment criteria of Barrick.
Loncor Resources Inc. ("Loncor" or the "Company") (TSX: "LN"; OTCQB: "LONCF") is pleased is pleased to provide an update on its activities within the Ngayu Greenstone Belt, where the Company has a dominant foot-print through its joint venture with Barrick Gold (Congo) SARL (“Barrick”) and on its own majority-owned exploration licences and exploitation concessions including the Imbo exploitation concession. The Ngayu Archean Greenstone Belt of northeastern Democratic Republic of the Congo (the “DRC”) is geologically similar to the belts which host the world class gold mines of AngloGold Ashanti/Barrick’s Kibali mine in the DRC and AngloGold Ashanti’s Geita mine in Tanzania.
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TSX: "ABX") as joint venture partner and a second major gold producer, Resolute Mining Limited (ASX/LSE: "RSG"), as a 27% shareholder, is pleased to announce the appointment of Peter Cowley as President of the Company and Minecon Resources and Services Limited as geological consultants. Mr. Cowley is a geologist with over 40 years’ experience in the minerals industry and a history of major exploration successes in Africa, including the DRC.
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