- Business
- Seasif Exploration Inc. is a Canadian junior mining company engaged in the acquisition and development of scalable precious and base metals projects in pro-mining jurisdictions, with a primary focus on its 100% owned Meadowbank project in Nunavut, Canada. Founded in 1983 and headquartered in Vancouver, British Columbia, the company operates through its wholly owned subsidiary, 5530 Nunavut Inc., which holds the Meadowbank interest. The Meadowbank project comprises approximately 580 square kilometres of mineral claims located along trend and immediately adjacent to Agnico Eagle’s Meadowbank and Amaruq producing gold mines, and it is fully permitted for exploration, including drilling. Seasif’s business is centered on mineral exploration and project advancement rather than production, with its activities focused on identifying, acquiring, and developing resource assets in Canada. In 2026, the company pursued a strategic review of alternatives and discussions with the TSX Venture Exchange regarding a potential change of business, with management stating that any transition to a new line of business would require a reverse takeover or similar qualifying transaction. During the same period, Seasif completed debt settlements through share issuances, announced a non-brokered private placement of up to C$100,000, closed an initial tranche of that financing, and used proceeds for evaluating and advancing project opportunities, completing audit work, and general corporate purposes. The company remains listed on the TSX Venture Exchange’s NEX Board under the symbol SAF.H.