December 07, 2009
Carat Exploration Inc. Cancels Option and Joint Venture Agreement with BRASILCA MINING CORPORATION and enters into an agreement to acquire MINERACAO VALE DO SONHO LTDA.
Further to the Company’s news release of March 13, 2008, the Company announces that it has terminated the option and joint venture agreement with Brasilca Mining Corporation, a British Columbia registered company (“Brasilca”) and Brasilca Mineracao Brasileira Ltda pursuant to which Carat was granted an option to earn a 70% interest in the Tucuma project in the State of Para, Brazil (“Tucuma Property”).
November 24, 2009
CARAT EXPLORATION INC ANNOUNCES CORPORATE CHANGES - DR LUIZ BIZZI BECOMES A DIRECTOR OF THE COMPANY
The Company announces that Mr C. (Harry) Katevatis and Ms Marsha Panar have resigned from their positions on the Board of Directors of Carat for personal reasons effective immediately. Both Mr Katevatis and Ms Panar, have been involved with the Company since initiation and have been an integral part of its development.
July 28, 2009
CARAT EXPLORATION INC. ANNOUNCES GRANT OF STOCK OPTIONS
The Company announces that it has granted an aggregate 800,000 incentive stock options to directors, officers and employees.
June 29, 2009
SHAREHOLDERS LOAN - CARAT EXPLORATION INC. ANNOUNCES LOAN
CARAT EXPLORATION INC. (“Carat”), has arranged a loan in the amount of $100,000 CDN bearing interest at a rate of 6% per annum. Repayment of the principal is to be made on April 27, 2010.
June 26, 2009
CARAT EXPLORATION INC. ANNOUNCES CLOSING OF ITS NON-BROKERED PRIVATE PLACEMENT
The Company is pleased to report that it has closed its non-brokered private placement (the “Private Placement”) of 2,072,163 common shares at a price of $0.30 per common Share for total gross proceeds of $621,648.90.
May 21, 2009
CARAT EXPLORATION INC. ANNOUNCES PRIVATE PLACEMENT
Carat announces that the Company has arranged, subject to regulatory approval, a nonbrokered private placement of up to 2,200,000 common shares of the Company at a price of $0.30 per share for gross proceeds of $660,000.
May 19, 2009
CARAT EXPLORATION INC. ENGAGES ACQUA CAPITAL GROUP TO PROVIDE INVESTOR RELATION SERVICES
As of May 15, 2009, the Company has entered into an agreement, with Acqua Capital Group (“Acqua”), pursuant to which Acqua will provide investor relations services to the Company.