Parallel Mining Corp TSX-V: PAL
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News Releases

Parallel Mining will publish the company’s latest news releases as we release them.

January 14, 2019

Parallel Mining Commences Drilling On the Mane II Property

/in News Releases /by PAL-V

Vancouver, British Columbia, January 14, 2018 – Parallel Mining Corp. (TSX-V: PAL) (the “Company” or “Parallel”) announces the commencement of drilling on the Company’s optioned Mane II property in Burkina Faso. The Company has contracted Forage Orbit Garant BF SAS to conduct approximately 750 meters of reverse circulation drilling intended to test the continuity of the veining systems […]

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June 19, 2018

Parallel Mining Acquires Mane II Exploration Property in Burkina Faso

/in News Releases /by PAL-V

Vancouver, British Columbia, June 19, 2018 – Parallel Mining Corp. (TSX-V: PAL) (the “Company” or “Parallel”) is pleased to announce that the Company has entered into an option agreement (“Option Agreement”) to acquire a 100% interest in the 163-square kilometre Mane II Property (“Mane”) in Burkina Faso. The Mane property is located in the Kaya-Goren greenstone belt, […]

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December 11, 2017

Robert Sibthorpe Wins Prestigious Award for His Work in Burkina Faso

/in News Releases /by PAL-V

Vancouver, British Columbia, December 11, 2017 – Parallel Mining Corp. (TSX-V: PAL) (the “Company” or “Parallel”) congratulates Bob Sibthorpe, VP, Exploration, on receiving the prestigious Colin Spence Award for excellence in global mineral exploration from the Association for Mineral Exploration British Columbia (“AME BC”). AME BC’s Colin Spence award recognizes individuals who have made a significant contribution to […]

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November 3, 2017

Parallel Mining Commences Drilling on Sebe Property

/in News Releases /by PAL-V

Vancouver, British Columbia, November 3, 2017 – Parallel Mining Corp. (TSX-V: PAL) (the “Company” or “Parallel”) announces the commencement of drilling on the Company’s optioned Sebe property in Burkina Faso. The Company has contracted Falcon Drilling Burkina Faso, S.A.R.L. to conduct approximately 1000 meters (“m”) of diamond drilling intended to test the strike and dip […]

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September 14, 2017

Parallel Mining Drills 20.2 GPT Gold, Extends Strike at Sebe

/in News Releases /by PAL-V

Vancouver, British Columbia, June 15, 2017 – Parallel Mining Corp. (TSX-V: PAL) (the “Company” or “Parallel”) announces that drilling designed to follow up on the recently reported intercept of 10.2 grams per tonne (“gpt”) gold over 4.5 meters (“m”) (see news release dated May 24, 2017) at the optioned Sebe exploration permit has returned an […]

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June 15, 2017

Parallel Mining Commences Drilling on Sebe Property

/in News Releases /by PAL-V

Vancouver, British Columbia, June 15, 2017 – Parallel Mining Corp. (TSX-V: PAL) (the “Company” or “Parallel”) announces the commencement of drilling on the Company’s optioned Sebe property in Burkina Faso. The Company has contracted Falcon Drilling Burkina Faso, S.A.R.L. to conduct a diamond drilling program intended to follow up on the previously announced intercepts of […]

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May 24, 2017

Parallel Mining Discovers 10.2 GPT Gold Over 4.5 Meters on Recently Acquired Sebe Property in Burkina Faso

/in News Releases /by PAL-V

Vancouver, BC, May 24, 2017 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL)  announces that drilling on its recently optioned Sebe property in Burkina Faso reported an intercept in a new zone of 10.2 grams per tonne (“gpt”) gold over 4.5 meters from 31.5 to 36.0 meters in diamond drill hole SEB-DD-17-04 (including 24.9 gpt over 1.5m from […]

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April 6, 2017

Parallel Mining Acquires Sebedougou Exploration Property in Burkina Faso

/in News Releases /by PAL-V

Vancouver, BC, April 6, 2017 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has entered into an option agreement (“Option Agreement”) to acquire a 100% interest in the 82-square kilometre Sebedougou Property (“Sebe”) in Burkina Faso. The Sebe Property is located between Endeavour Mining’s Hounde Project and Acacia Mining’s South […]

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April 4, 2017

Parallel Mining Announces Closing of Non-Brokered Private Placement

/in News Releases /by PAL-V

Vancouver, BC, April 4, 2017 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has completed a non-brokered private placement of 340,000 units at a price of $0.10 per unit for gross proceeds of $34,000.  Each unit consists of one common share and one-half of one common share purchase warrant, […]

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March 8, 2017

Parallel Mining Corp. Announces Completion of Transaction with 0909189 B.C. LTD.

/in News Releases /by PAL-V

Vancouver, BC, March 8, 2017 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce the completion of the previously announced transaction with 0909189 B.C. LTD. (“0909 BC”) and the shareholders of 0909 BC. As a result of the transaction, the Company acquired 100% of 0909 BC, which in turn holds an option to […]

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March 6, 2017

Parallel Mining Corp. Announces Closing of Final Tranche of Private Placement

/in News Releases /by PAL-V

Vancouver, BC, March 6, 2017 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has completed the final tranche of the previously announced non-brokered private placement (see news releases dated February 9, 2017 and February 27, 2017) issuing an additional 2,500,000 of units at a price of $0.10 per unit […]

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February 27, 2017

Parallel Mining Corp. Closing of First Tranche of Private Placement

/in News Releases /by PAL-V

Vancouver, BC, February 27, 2017 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has completed the first tranche of the previously announced non-brokered private placement (see news release dated Feb 9, 2017) of a total of 13,025,000 units at price of $0.10 per unit, raising gross proceeds of $1,302,500. […]

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February 9, 2017

Parallel Mining Corp. Announces Private Placement

/in News Releases /by PAL-V

Vancouver, BC, February 9, 2017 – Parallel Mining Corp. (TSX‑V: PAL) (the “Company” or “Parallel”) announces a non-brokered private placement of up to 15,000,000 units (the “Units”) at a price of $0.10 per Unit for gross proceeds of $1,500,000 (the “Offering”). Each Unit will consist of one common share (“Common Share”) in the capital of […]

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January 9, 2017

Parallel Mining Announces Renewal Granted at Garsay Gold Project in Burkina Faso

/in News Releases /by PAL-V

Vancouver, BC, January 9, 2017 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the mining licenses on the Garsay Gold Project in Burkina Faso have been renewed, and are now valid through August 13, 2019. The Company has entered into an agreement to acquire 0909189 B.C. Ltd. (“0909189”), a company […]

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November 25, 2016

Parallel Mining Corp. Announces Passing of Director Len Davies

/in News Releases /by PAL-V

Vancouver, BC, November 25, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) announces with great sadness that Mr. Len Davies, a Non-Executive Director of the Company, has passed away. Mr. Davies joined Parallel’s Board in October 2011 as an independent director. Mr. Davies’ contributions to the Company were greatly valued by the Board. The […]

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August 4, 2016

Parallel Mining Announces Closing of Private Placement

/in News Releases /by PAL-V

Vancouver, BC, July 21, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has completed a non-brokered private placement of a total of 3,475,000 units at price of $0.10 per unit, raising gross proceeds of $347,500. Each unit consists of one common share and one transferable common share […]

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June 13, 2016

Parallel Mining Announces Closing of Final Tranche of Private Placement

/in News Releases /by PAL-V

Vancouver, BC, June 13, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has completed the third and final tranche of a non-brokered private placement issuing an additional 1,100,000 units at price of $0.05 per unit, for gross proceeds of $55,000. Each unit consists of one common share […]

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June 6, 2016

Parallel Mining Announces Second Tranche Closing of Private Placement

/in News Releases /by PAL-V

Vancouver, BC, June 6, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has completed the second tranche of a non-brokered private placement of a total of 12,610,000 units at price of $0.05 per unit, raising gross proceeds of $630,500. Each unit consists of one common share and […]

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June 3, 2016

Parallel Mining Announces Non-Brokered Private Placement

/in News Releases /by PAL-V

Vancouver, BC, June 3, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company proposes to raise up to $300,000 through a non-brokered private placement of up to 3,000,000 units at price of $0.10 per unit. Each unit will consist of one common share and one transferable common share […]

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May 16, 2016

Parallel Mining Announces Increase of Units in Second Tranche Private Placement

/in News Releases /by PAL-V

Vancouver, BC, May 16, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) announces that, further to its news releases of April 7, 2016, April 26, 2016, May 3, 2016 and May 12, 2016, it wishes to increase the previously announced private placement of units from 12,000,000 units at $0.05 to 16,000,000 units at $0.05 […]

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May 12, 2016

Parallel Mining Announces Increase of Units in Second Tranche Private Placement

/in News Releases /by PAL-V

Vancouver, BC, May 12, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) announces that, further to its news releases of April 7, 2016, April 26, 2016 and May 3, 2016, it wishes to increase the previously announced private placement of units from 8,000,000 units at $0.05 to 12,000,000 units at $0.05 for total gross […]

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May 3, 2016

Parallel Mining Announces Second Tranche of Private Placement

/in News Releases /by PAL-V

Vancouver, BC, May 3, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) announces that, further to its news releases of March 11 and 18, 2016 and April 7, 2016, it is proceeding with a second tranche of the previously announced proposed private placement of up to 8,000,000 units. The units are being offered at […]

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April 29, 2016

Parallel Mining Announces Change to Acquisition Terms

/in News Releases /by PAL-V

Vancouver, BC, April 29, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) has amended the previously announced agreement to acquire 0909189 B.C. Ltd. (“0909189”) and its property option rights in Burkina Faso (see the Company’s new release dated April 28, 2015). As amended, the Company will issue 7,590,000 common shares in exchange for all of […]

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April 26, 2016

Parallel Mining Announces Extension to Complete Second Tranche Private Placement

/in News Releases /by PAL-V

Vancouver, BC, April 26, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) announces that, further to its news releases of March 11, 2016, March 18, 2016 and April 7, 2016, it is proceeding with a second tranche of the previously announced proposed private placement of up to 8,000,000 units. The units are being offered […]

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April 7, 2016

Parallel Mining Announces Second Tranche of Private Placement

/in News Releases /by PAL-V

Vancouver, BC, April 7, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) announces that, further to its news releases of March 11 and 18, 2016, it is proceeding with a second tranche of the previously announced proposed private placement of up to 8,000,000 units. The units are being offered at a price of $0.05 […]

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March 18, 2016

Parallel Mining Announces First Tranche Closing of Non-Brokered Private Placement and Update on Acquisition

/in News Releases /by PAL-V

Vancouver, BC, March 18, 2016 – Parallel Mining Corp. (the “Company”) (TSX‑V: PAL) is pleased to announce that the Company has completed the first tranche of a non-brokered private placement of a total of 2,900,000 units at price of $0.05 per unit, raising gross proceeds of $145,000. Each unit consists of one common share and […]

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February 16, 2016

Parallel Mining Announces Closing of Non-Brokered Private Placement and Acquisition Update

/in News Releases /by PAL-V

Vancouver, BC, February 16, 2016 – Parallel Mining Corp. (TSX-V: PAL) (the “Company”) is pleased to announce that the Company has completed a non-brokered private placement of a total of 1,800,000 units at price of $0.05 per unit, raising gross proceeds of $90,000. Each unit consists of one common share and one transferable common share […]

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November 23, 2015

Parallel Mining Corp. Announces Private Placement

/in News Releases /by PAL-V

Vancouver, BC, November 23, 2015 – Parallel Mining Corp. (TSX-V: PAL) (the “Company”) announces a non-brokered private placement of 10,000,000 units (the “Units”) at a price of $0.05 per Unit (the “Offering”). Each Unit will consist of one common share (“Common Share”) in the capital of the Company and one transferable Common Share purchase warrant […]

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April 28, 2015

Parallel Mining Corp. To Acquire the Right to Earn Interest in Burkina Faso Gold Property

/in News Releases /by PAL-V

Vancouver, BC, April 28, 2015 – Parallel Mining Corp. (TSX-V: PAL) (the “Company”) is pleased to announce that it has entered into an agreement to acquire an option to earn a 100% interest in a 165.74 km2 exploration permit in a highly prospective greenstone gold belt located in Burkina Faso, West Africa. The Garsay permit […]

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TSX-V: PAL


  • HOME
  • ABOUT
    • Overview
    • Management Team
    • Corporate Information
    • Disclaimer
  • GARSAY PROJECT
    • Garsay Project Overview
    • Accessibility, Climate & Infrastructure
    • Property History
    • Geological Setting & Mineralization
    • Adjacent 4.6 M Oz Gold Deposit
    • Project Photo Gallery
    • RAB Drilling Sample Photos
    • 43-101 Technical Report
  • SEBE PROJECT
  • BURKINA FASO
    • About Burkina Faso West Africa
    • Gold Mining & Exploration
  • INVESTORS
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    • In the News
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  • CONTACT
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Contact Information

Parallel Mining Corp.
750 West Pender Street, Suite 804
Vancouver, BC Canada
V6C 2T7
T +1 604 682 2928
F +1 604 685 6905

Corporate Contact:
John Anderson
CEO & Director
T +1 604 218 7400
E janderson@parallelmining.com

Al Fabbro, Lead Director
T +1 604 351 8850
E afabbro@parallelmining.com


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