Financial Personal
Island Passage Exploration Closes $2.5 Million Financing and Appoints John Robins as Director
VANCOUVER, British Columbia, Dec. 19, 2024 (GLOBE NEWSWIRE) — Island Passage Exploration Limited (IPX or the “Company”) announces the closure of a $2.5 million USD financing and the appointment of John Robins, P.Geo., to its Board of Directors.
“On behalf of our Board of Directors I am delighted to announce that Island Passage has made significant progress since inception. Field work continues at the Isina exploration license (EL02), and we are building a world-class team to advance mineral exploration in one of the most prospective parts of the world. Until very recently, Bougainville was under an exploration moratorium since imposed in the early 1970s. The Autonomous Bougainville Government (ABG) and our customary landowner partners have been very welcoming of Island Passage. Most importantly, we are finding many stakeholders on the island who visualize a prosperous future for the people of Bougainville through responsible resource development,” said Donald McInnes, Chairman and CEO of Island Passage. Read More
