Abitibi

McEwen Mining Announces AGM Voting Results and Reverse Split

Retrieved on: 
Tuesday, July 12, 2022
Abitibi, Ernst & Young, MUX, TSX, Gold, Company, Reverse stock split, CEO, GLOBE, Mining, Director, Computershare, Toronto Stock Exchange, CUSIP, ISIN, New, Board, NYSE, Board of directors, Security (finance), Management, Holding company

TORONTO, July 12, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) ("MUX" or the "Company) announces that it is proceeding with a 1-for-10 reverse split of the common shares of the Company ("the Reverse Split") with an effective date on or about July 26th, 2022.

Key Points: 
  • TORONTO, July 12, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) ("MUX" or the "Company) announces that it is proceeding with a 1-for-10 reverse split of the common shares of the Company ("the Reverse Split") with an effective date on or about July 26th, 2022.
  • Following the Reverse Split, the number of outstanding common shares of the Company will be reduced from approximately 474 million outstanding common shares to approximately 47 million outstanding common shares.
  • Following the Reverse Split, the new CUSIP number for the Company's common shares will be 58039P305, and the new ISIN for the Company's common shares will be US58039P3055.
  • No fractional common shares will be issued in connection with the Reverse Split; any fractional shares will be canceled.

Kiboko Gold Closes Upsized $6.0 million Initial Public Offering, Including Full Exercise of Over-Allotment Option, and Announces Listing on the TSX Venture Exchange Under the Symbol KIB

Retrieved on: 
Wednesday, June 29, 2022
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Kiboko Gold Inc. (TSX-V: KIB) (Kiboko or the Company) is pleased to announce that it has completed its upsized initial public offering (the Offering) and listing on the TSX Venture Exchange (TSX-V).

Key Points: 
  • Kiboko Gold Inc. (TSX-V: KIB) (Kiboko or the Company) is pleased to announce that it has completed its upsized initial public offering (the Offering) and listing on the TSX Venture Exchange (TSX-V).
  • Kibokos common shares are expected to commence trading on TSX-V on July 5, 2022, under the symbol KIB.
  • Each FT Unit is comprised of one Share and one common share purchase warrant (each whole such warrant, a FT Unit Warrant).
  • 13,462,001 of the Shares held by Insiders are subject to a three-year National Policy 46-201 Escrow for Initial Public Offerings (NP 46-201) escrow arrangement.

MAG Reports AGSM Results

Retrieved on: 
Thursday, June 23, 2022
Toronto Stock Exchange, Silver, COVID-19, CEO, NYSE American, Company, Deer, Disclosure, Forward-looking statement, Engineering, Abitibi, Deer Trail, Colorado, SEC, NYSE, Risk, MAG, Mining, Larder Lake

George Paspalas, President and CEO of MAG, extends his thanks to the Shareholders of the Company for their continued strong support.

Key Points: 
  • George Paspalas, President and CEO of MAG, extends his thanks to the Shareholders of the Company for their continued strong support.
  • MAG Silver Corp. is a Canadian development and exploration company focused on becoming a top-tierprimary silver mining company by exploring and advancing high-grade, district scale, silver-dominant projectsin the Americas.
  • These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.
  • For further information on behalf of MAG Silver Corp.

Vanstar Mining Resources Announces Participation in THE Mining Investment Event of the North, Canada's First Tier I Mining Conference

Retrieved on: 
Thursday, June 16, 2022
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Management from Vanstar Mining Resources will also be holding one-on-one investor meetings throughout the three-day conference.

Key Points: 
  • Management from Vanstar Mining Resources will also be holding one-on-one investor meetings throughout the three-day conference.
  • THE Event, Canada's First Tier I Mining Investment event is committed to bringing a global audience to Qubec to showcase the best of Canadian mining.
  • Vanstar Mining Resources Inc. is a gold exploration company with properties located in Northern Qubec at different stages of development.
  • THE Event Series Conferences creates and develops unique, invitation only, premier investment conferences focused on providing participants and investors the best in investor conference experiences.

PROSPECT RIDGE RESOURCES ANNOUNCES YAN DUCHARME JOINING THE TEAM AS COMPANY'S NEW PRESIDENT, AND START OF 2022 FIELD OPERATIONS

Retrieved on: 
Tuesday, June 7, 2022
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Yan Ducharme brings over 25 years of experience to the company in greenfield and brownfield exploration projects.

Key Points: 
  • Yan Ducharme brings over 25 years of experience to the company in greenfield and brownfield exploration projects.
  • Mr. Ducharme was also part of the exploration team at the Rosebel Mine in Suriname, South America for Cambior/Iamgold.
  • Michael Iverson, CEO states, "Having Yan Ducharme come on as President and run the field operations will be a huge asset to our team and shareholders.
  • Prospect Ridge Resources Corp. is a British Columbia based exploration and development company focused on gold exploration.

Brunswick Exploration Announces Start of Largest Grassroots Lithium Exploration Program in Eastern Canada

Retrieved on: 
Monday, June 6, 2022
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MONTREAL, June 06, 2022 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (BRW or the Company) is pleased to announce that it has started its 2022 lithium exploration campaign in Eastern Canada.

Key Points: 
  • MONTREAL, June 06, 2022 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (BRW or the Company) is pleased to announce that it has started its 2022 lithium exploration campaign in Eastern Canada.
  • Over the last six months, Brunswick Exploration has identified numerous unexplored areas across all four provinces in Eastern Canada that offer excellent potential for lithium-bearing pegmatites.
  • The Company is focused on grassroots exploration for metals necessary to decarbonization and energy transition with a particular focus on lithium, tin and copper.
  • The company is focused on rapidly advancing the most extensive grassroot lithium exploration claim package in Eastern Canada.

MAG Silver Reports First Quarter Financial Results

Retrieved on: 
Tuesday, May 17, 2022
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The average silver head grade for the mineralized development and initial stope material processed in Q1 2022 was 597 g/t (Q1 2021 458 g/t).

Key Points: 
  • The average silver head grade for the mineralized development and initial stope material processed in Q1 2022 was 597 g/t (Q1 2021 458 g/t).
  • During the quarter ended March 31, 2022, 54% of the total tonnage processed was through the Saucito plant.
  • The Juanicipio project team delivered the 4,000 tpd processing plant for commissioning in the fourth quarter of 2021.
  • Dr. Megaw is not independent as he is an officer and a paid consultant of MAG Silver.

Monarch Reports Its Results for the Third Quarter Ended March 31, 2022

Retrieved on: 
Thursday, May 12, 2022
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We have continued to lay the groundwork for recommissioning, which we completed in the third quarter at the Beaufor mine and will be finalized at the Beacon mill in the fourth quarter.

Key Points: 
  • We have continued to lay the groundwork for recommissioning, which we completed in the third quarter at the Beaufor mine and will be finalized at the Beacon mill in the fourth quarter.
  • In preparation for recommissioning, some 24,000 tonnes of ore have been mined and set aside for the Beacon mill.
  • We also continue to be very active on the exploration side, and we expect to drill 60,000 metres on our four properties in 2022.
  • In the third quarter, the Beaufor mine continued to show excellent high-grade results at depth and near surface.

Kenorland Announces 2022 Exploration Program and Budget at the Hunter Project

Retrieved on: 
Monday, May 9, 2022
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Vancouver, British Columbia--(Newsfile Corp. - May 9, 2022) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) ("Kenorland" or "the Company") is pleased to announce the 2022 exploration program and budget at the Hunter Project ("the Project"), located in the Abitibi Greenstone Belt of Quebec and held under earn-in agreement ("the Agreement") with Centerra Gold Inc. (TSX: CG) (NYSE:CGAU).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 9, 2022) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) ("Kenorland" or "the Company") is pleased to announce the 2022 exploration program and budget at the Hunter Project ("the Project"), located in the Abitibi Greenstone Belt of Quebec and held under earn-in agreement ("the Agreement") with Centerra Gold Inc. (TSX: CG) (NYSE:CGAU).
  • The 2022 exploration program, operated by Kenorland, will include approximately 420 broad-spaced sonic drill holes, which will provide a systematic first-pass regional geochemical dataset covering the 18,177 hectare Hunter Project.
  • The approved budget for the sonic 'drill-for-till' program, to be carried out from June to August, is CAD$1.5 million.
  • In 2019, the Company acquired the Hunter Project through map staking after completing a comprehensive compilation and review of historical exploration data covering the project area.

Opawica Commences Maiden 5,000m Drill Program at Arrowhead

Retrieved on: 
Thursday, May 5, 2022
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Blake Morgan, Chief Executive Officer of Opawica states, The Opawica team is thrilled to begin our maiden drill program on the Arrowhead Project.

Key Points: 
  • Blake Morgan, Chief Executive Officer of Opawica states, The Opawica team is thrilled to begin our maiden drill program on the Arrowhead Project.
  • The Company is well funded and able to quickly move to a phase two drill campaign as the results merit.
  • The assays from the recently completed Bazooka Property drill program are still pending due to lab staffing delays.
  • Historical drill holes on Arrowhead completed by SOQUEM, Groupe Minier O and Agnico-Eagle intercepted 40 mineralized zones, and were mostly mineralized with gold, although some zones reported copper and zinc.