Archer Exploration
Minerals & Mining · Canada · 1-10 Employees
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Overview
Headquarters
353 Water St Ste 401, Vancouver, British...Phone Number
(866) 899-7247Website
www.archerexploration.comRevenue
$7.6 MillionStock Symbol
38A.BEIndustry
ZI Rank: 2
Signal Type
Dec
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ZI Rank
6
2
4
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2
2
About Archer Exploration
Archer Exploration is a Canadian Ni-Cu-Co-PGE focused exploration and development company with an extensive portfolio of assets in Quebec and Ontario, Canada. The Company's flagship asset is the Grasset Project, located within the Abitibi Greenstone Belt, with an Indicated Resource of 5.5 Mt @ 1.53% NiEq. In addition, the Company holds a portfolio of 37 properties and over 300 km2 in the world-class mining district of Sudbury, Ontario. The Company's growth strategy is focused on the exploration and development of its nickel sulphide properties within its portfolio. Archer's vision is to be a responsible nickel sulphide project developer in stable pro-mining jurisdictions. Archer is committed to socially responsible exploration and development, working safely, ethically, and with integrity.Explore more
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Revenue
Number of Employees
Type
Funding
Founded In
Archer Exploration
$7.6M
1-10
Public
-
2018
SR
Sherry RobergeChief Financial Officer & Corporate Secretary
Company Profile Activity
Activity Insights
Archer Exploration is experiencing very low activity levels compared to other companies in the Minerals & Mining sector.
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Archer Exploration is drawing exceptional interest within the Minerals & Mining industry, suggesting notable developments or strong market momentum, learn more about Archer Exploration.
Archer Exploration Tech Stack
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Archer Exploration News & Media
Archer Exploration Closes $2 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2023) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce that, further to its news releases dated October 23rd and November 15th, 2023, it has closed its non-brokered private placement (the "Offering") for gross proceeds of $2,038,030. Pursuant to the Offering, the Company issued: (i) 10,602,400 non flow-through units (the "NFT Units") at a price of $0.08 per NFTArcher Exploration Receives Deferred Cash Proceeds from Sale of Lonmin Canada and Upsizes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce that it has received the final cash payment of $612,000 from Magna Mining Inc. ("Magna") due in connection with the sale of Lonmin Canada Inc. ("Loncan").On November 7, 2022, Magna closed its acquisition of Loncan, whose core asset was the Denison Project and past producing Crean Hill Ni-Cu-PGE mineArcher Exploration Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce a non-brokered private placement of securities to raise total gross proceeds up to C$1,500,000 (the "Offering").The Offering will be comprised of: (i) Quebec charity flow-through units (the "CFT Units") to be sold at a price of $0.155 per CFT Unit; (ii) flow-through units (the "FT Units") to be sold
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Frequently Asked Questions Regarding Archer Exploration
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Archer Exploration is a Canadian Ni-Cu-Co-PGE focused exploration and development company with an extensive portfolio of assets in Quebec and Ontario, Canada. The Company's flagship asset is the Grasset Project, located within the Abitibi Greenstone Belt, with an Indicated Resource of 5.5 Mt @ 1.53% NiEq. In addition, the Company holds a portfolio... Read More
