Arctic Ocean

Court Approves TMAC Plan of Arrangement

Retrieved on: 
Tuesday, June 30, 2020
Mining, Minerals, Natural Resources, Arctic Ocean, NUNAVUT, TMAC, Shandong Gold Group

TMAC Resources Inc. (TSX: TMR) (TMAC or the Company) announces that it has received a final order from the Ontario Superior Court of Justice approving the previously announced plan of arrangement (the Transaction) with Shandong Gold Mining Co., Ltd. and an affiliate (Shandong or the Purchaser).

Key Points: 
  • TMAC Resources Inc. (TSX: TMR) (TMAC or the Company) announces that it has received a final order from the Ontario Superior Court of Justice approving the previously announced plan of arrangement (the Transaction) with Shandong Gold Mining Co., Ltd. and an affiliate (Shandong or the Purchaser).
  • Subject to obtaining all required regulatory approvals and satisfying all required conditions, the Transaction is expected to close in the third quarter of 2020.
  • Following closing of the Transaction, the Common Shares will be de-listed from the Toronto Stock Exchange.
  • TMAC operates the Hope Bay property located in Nunavut, Canada.

Sabina Gold & Silver Provides Project Authorization Update

Retrieved on: 
Tuesday, June 30, 2020
Arctic Ocean, NUNAVUT, Sabina

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp. (SBB.T/SGSVF.OTCQX), (Sabina or the Company) is pleased to provide an update on the permitting and authorization status of its first mine at the Back River Gold Project (the Project or Back River) in Nunavut, Canada.

Key Points: 
  • VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp. (SBB.T/SGSVF.OTCQX), (Sabina or the Company) is pleased to provide an update on the permitting and authorization status of its first mine at the Back River Gold Project (the Project or Back River) in Nunavut, Canada.
  • Sabina is now in possession of all major authorizations for not only the construction, but also the operations of the Back River Project.
  • In addition to Back River, Sabina also owns a significant silver royalty on Glencores Hackett River Project.
  • This news release has been authorized by the undersigned on behalf of Sabina Gold & Silver Corp.

Court of Appeal in Nunavut releases decisions on Mandatory Minimum Sentences

Retrieved on: 
Thursday, June 18, 2020
Arctic Ocean, NUNAVUT, Iqaluit

IQALUIT, NU, June 18, 2020 /CNW/ -On June 8, 2020, the Nunavut Court of Appeal released its decisions in R. v. Itturiligaq and R. v. Ookowt.

Key Points: 
  • IQALUIT, NU, June 18, 2020 /CNW/ -On June 8, 2020, the Nunavut Court of Appeal released its decisions in R. v. Itturiligaq and R. v. Ookowt.
  • The Court of Appeal determined that the mandatory minimum sentence of four years for discharging a firearm contrary to s.244.2(1)(a) of the Criminal Code was constitutional.
  • In R. v. Ookowt, the Appeal Court emphasized the intent of Parliament to give primacy to deterrence and denunciation in addressing firearms violence, and the prevalence of this highly dangerous conduct in Nunavut.
  • The PPSC, including the Nunavut Regional Office, is committed to fostering a healthy relationship with the community it serves.

Supporting communities across Northwest Territories

Retrieved on: 
Thursday, June 11, 2020
Arctic Ocean, Beaufort Sea, NORTHWEST TERRITORIES

Today, Infrastructure and Communities Minister Catherine McKenna confirmed that the Northwest Territories has received $16.5 million through the federal Gas Tax Fund (GTF) for the 202021 fiscal year to fund its most pressing infrastructure needs.

Key Points: 
  • Today, Infrastructure and Communities Minister Catherine McKenna confirmed that the Northwest Territories has received $16.5 million through the federal Gas Tax Fund (GTF) for the 202021 fiscal year to fund its most pressing infrastructure needs.
  • "Our Government is making immediate investments in infrastructure that will play a vital role in helping municipalities and First Nations communities revive their economies, and will improve the lives of Canadians, especially in the Northwest Territories.
  • This will put $16.5 million in the hands of communities in the Northwest Territories, to improve local infrastructure like safer roads, public transit and community centresand we will get Northerners back to work."
  • 202021 federal Gas Tax Fund allocations in Northwest Territories by community:
    The Government of Canada is providing $16.5 million under the GTF to the Northwest Territories.

Supporting communities across Nunavut

Retrieved on: 
Thursday, June 11, 2020
Arctic Ocean, NUNAVUT, Inuit, Indigenous peoples in Canada

Today, Infrastructure and Communities Minister Catherine McKenna announced that Nunavut has received $16.5 million through the federal Gas Tax Fund (GTF) for the 202021 fiscal year to fund its most pressing infrastructure needs.

Key Points: 
  • Today, Infrastructure and Communities Minister Catherine McKenna announced that Nunavut has received $16.5 million through the federal Gas Tax Fund (GTF) for the 202021 fiscal year to fund its most pressing infrastructure needs.
  • The GTF provides communities with stable and flexible funding for their infrastructure priorities across a wide range of categories.
  • "Our Government is making immediate investments in infrastructure that will play a vital role in helping communities revive their economies, and will improve the lives of Canadians, especially in Nunavut.
  • 202021 federal Gas Tax Fund allocations in Nunavut by community:
    The Government of Canada is providing $16.5million under the GTF to Nunavut.

Sabina Gold & Silver Corp. Amends Text of Proposed New Articles for Upcoming Annual General and Special Meeting of Shareholders

Retrieved on: 
Friday, May 22, 2020
Physical sciences, Chemistry, Atoms, Precious metals, Arctic Ocean, NUNAVUT, Silver, Ounce, Hackett, Sabina

Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in one of the worlds newest, politically stable mining jurisdictions: Nunavut, Canada.

Key Points: 
  • Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in one of the worlds newest, politically stable mining jurisdictions: Nunavut, Canada.
  • In addition to Back River, Sabina also owns a significant silver royalty on Glencores Hackett River Project.
  • The silver royalty on Hackett Rivers silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter.
  • This news release has been authorized by the undersigned on behalf of Sabina Gold & Silver Corp.

Sabina Gold & Silver Corp. Amends Text of Proposed New Articles for Upcoming Annual General and Special Meeting of Shareholders

Retrieved on: 
Tuesday, May 12, 2020
Physical sciences, Chemistry, Atoms, Precious metals, Arctic Ocean, NUNAVUT, Silver, Ounce, Hackett, Sabina

Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in one of the worlds newest, politically stable mining jurisdictions: Nunavut, Canada.

Key Points: 
  • Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in one of the worlds newest, politically stable mining jurisdictions: Nunavut, Canada.
  • In addition to Back River, Sabina also owns a significant silver royalty on Glencores Hackett River Project.
  • The silver royalty on Hackett Rivers silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter.
  • This news release has been authorized by the undersigned on behalf of Sabina Gold & Silver Corp.

Prime Minister announces health and social support for northern communities

Retrieved on: 
Tuesday, April 14, 2020
Arctic Ocean, Beaufort Sea, Provinces and territories of Canada, Canadian Northern Economic Development Agency, Economy of the Northwest Territories, Arctic, NUNAVUT, NORTHWEST TERRITORIES, Canadian North, YUKON, Northern Canada

The Prime Minister, Justin Trudeau, today announcedadditional support to address immediate health, economic, and transportation needs in the North.

Key Points: 
  • The Prime Minister, Justin Trudeau, today announcedadditional support to address immediate health, economic, and transportation needs in the North.
  • These measures will:
    transfer $72.6 million to the governments of Yukon, Northwest Territories, and Nunavut to support their COVID-19 health and social services preparations and response.
  • Provide up to $17.3 million to the governments of Yukon, Northwest Territories, and Nunavut to support northern air carriers.
  • The Canadian Northern Economic Development Agency (CanNor) will make available $15 million in funding to support northern businesses.

Agnico Eagle Provides Further Update on Quebec and Nunavut Operations

Retrieved on: 
Tuesday, March 24, 2020
Arctic Ocean, NUNAVUT, Val-d'Or, Agnico Eagle Mines Limited, Meadowbank Gold Mine

In addition, the Company will reduce activities at the Meliadine and Meadowbank mining operations in Nunavut, which are currently serviced out of Mirabel and Val d'Or, Quebec.

Key Points: 
  • In addition, the Company will reduce activities at the Meliadine and Meadowbank mining operations in Nunavut, which are currently serviced out of Mirabel and Val d'Or, Quebec.
  • As directed by the Quebec government, our Quebec mines will be placed on care and maintenance.
  • At the same time, our Nunavut mines will be operating at reduced levels", said Sean Boyd, Agnico Eagle's Chief Executive Officer.
  • At the present time there are no confirmed cases of COVID-19 at the Company's Abitibi or Nunavut operations or at any of the Company's global operations.

Sabina Gold & Silver Provides Update on Corporate Office and Back River Site Operations

Retrieved on: 
Tuesday, March 17, 2020
Arctic Ocean, NUNAVUT, Sabina, Back River

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp (SBB.T/SGSVF.OTCQX) (Sabina or the Company) is providing an update in response to the ongoing concerns around COVID-19 related to planned activities at its corporate office and at its Goose site on its 100%-owned Back River Gold Project (Back River or the Project) in Nunavut, Canada.

Key Points: 
  • VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp (SBB.T/SGSVF.OTCQX) (Sabina or the Company) is providing an update in response to the ongoing concerns around COVID-19 related to planned activities at its corporate office and at its Goose site on its 100%-owned Back River Gold Project (Back River or the Project) in Nunavut, Canada.
  • The Goose site at Back River is currently accessible by air only.
  • We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.
  • This news release has been authorized by the undersigned on behalf of Sabina Gold & Silver Corp.