Major Changes at Typhoon Management
Typhoon Exploration Inc. (TSX: TYP) (the company) is proud to announce the arrival of two new experienced directors on its team.
Change at the Typhoon Management
Typhoon Exploration Inc. (TSX-V: TYP) (<<Typhoon>>) announces that, following a joint decision, the President and CEO, Mr. David Mc Donald, is leaving the corporation with immediate effect. Mr. Mc Donald had been with Typhoon since December 2002.
Closing of the Transaction to Sell the Participation of 50% in the Fayolle Property
Typhoon Exploration Inc. (TSX-V: TYP) (<<Typhoon>>) announces the closing of the transaction with Monarch Gold Corporation (<<Monarch>>) to sell its interest of 50% in the Fayolle property. In exchange, Monarch will issue 3.4 million of its common shares to Typhoon, has paid an amount of $500,000 and will pay an additional $500,000 in less than five months and $150,000 in 12 months. The shares issued to Typhoon are subject to restrictions on their transfer for periods of up to 24 months.
Results from Typhoon's Annual and Special Meeting
Typhoon Exploration Inc. (TSX-V: TYP) (<<Typhoon>>) announces the results of its annual and special shareholders meeting held July 19, 2019, in Laval, Quebec.
Typhoon Grants Options
Typhoon Exploration Inc. (TSX-V: TYP) (the "Corporation" or "Typhoon") the Board of Directors has approved a grant of 1,940,000 stock options to its officers, directors, employees and consultants, under the company's Stock Option Plan.