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Group Eleven Resources Ltd.

Group Eleven Resources completes project modelling agreement with VRIFY Technology

The company issued 171,429 shares at a price of C$0.07 each

zinc
Earlier this week, the zinc-focused firm unveiled encouraging new drill results from its Stonepark project, in Ireland's Pallas Green corridor

Group Eleven Resources Corp (CVE:ZNG), the zinc-focused group, said Friday it has completed the first of two agreements with VRIFY Technology Inc, which provided the firm with project and interactive 3-D models.

The firm, which is focused on advanced-stage zinc exploration in Ireland, unveiled encouraging new drill results this week, where it has found significant new mineralization along the Pallas Green corridor.

Shares of Group Eleven were rising on Friday, up 7.1% at C$0.08. 

WATCH: Group Eleven anticipating 'significant interest' after positive drill results at Stonepark

As part of the agreement, Group Eleven issued 171,429 shares at a price of C$0.07. 

VRIFY's technology platform showcases project data with interactive 3-D models and can host global site visits of remote assets using virtual tours. Group Eleven's projects and 3-D models can be found on the company website. 

The firm noted the settlement is subject to regulatory approvals. 

Contact Katie Lewis at [email protected]

Quick facts: Group Eleven Resources Ltd.

Price: 0.055 CAD

Market: TSX-V
Market Cap: $3.99 m
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