News Releases

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]