Sandfire, Western Australia

Sandfire Resources America Announces Change of Directors

Retrieved on: 
Monday, July 31, 2023
TSX Venture Exchange, Accident, Geology, Government, Acquisition, Sandfire, Western Australia, Earthquake, Risk, Mining, Weather, Legislation, Management, Risk management

WHITE SULPHUR SPRINGS, Mont., July 31, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces the appointment of Lincoln Greenidge, the current Chief Executive Officer of the Company, and Victoria Twiss, to the Board of Directors of the Company (the “Board”) in replacement of Matt Fitzgerald and Rob Scargill who have resigned as directors of the Company effective July 29, 2023.

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., July 31, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces the appointment of Lincoln Greenidge, the current Chief Executive Officer of the Company, and Victoria Twiss, to the Board of Directors of the Company (the “Board”) in replacement of Matt Fitzgerald and Rob Scargill who have resigned as directors of the Company effective July 29, 2023.
  • The Company also announces the appointment of Jason Grace as the Board Chair.
  • Ms. Twiss joined Sandfire Resources Ltd. of Australia in 2011 during the construction of their DeGrussa Copper Gold Mine.
  • She oversees the legal, risk, compliance, procurement, and internal audit functions for Sandfire Resources Ltd.

Sandfire Resources America Announces Variation to Bridge Loan Agreement

Retrieved on: 
Saturday, July 1, 2023
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WHITE SULPHUR SPRINGS, Mont., June 30, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that it has entered into a second variation agreement (the "Second Variation") to its bridge loan agreement, as amended (the “Bridge Loan”) with Sandfire BC Holdings (Australia) Pty Ltd. ("Sandfire BC"), the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company ("Tintina Montana").

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., June 30, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that it has entered into a second variation agreement (the "Second Variation") to its bridge loan agreement, as amended (the “Bridge Loan”) with Sandfire BC Holdings (Australia) Pty Ltd. ("Sandfire BC"), the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company ("Tintina Montana").
  • Pursuant to the Second Variation, the amount available to be borrowed under the Second Variation, Variation and Bridge Loan will be increased from an aggregate of up to US$22.0 million to an aggregate of up to US$32.0 million through one or more advances, and the latest maturity will be extended from June 30, 2023 to June 30, 2024, subject to the terms of the Second Variation and the Bridge Loan.
  • All other terms and conditions of the Bridge Loan shall remain in full force and effect, except as amended by the Second Variation.
  • No securities of the Company are issuable under the Agreement.

Sandfire America Announces Resignation of Board Chair

Retrieved on: 
Friday, June 30, 2023
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WHITE SULPHUR SPRINGS, Mont., June 30, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that Mr. Matthew Fitzgerald will be stepping down as Chair of the Board of Directors effective September 30, 2023.

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., June 30, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that Mr. Matthew Fitzgerald will be stepping down as Chair of the Board of Directors effective September 30, 2023.
  • This is in conjunction with him stepping down from his role as CFO of Sandfire Resources Limited (TSX-V:SFR), the 86.89% controlling shareholder of the Company.
  • Mr. Fitzgerald has been Chair of the Board since September 2016.
  • The Company will announce a new Chair of the Board in due course.

Sandfire Resources America Announces Appointment of Chief Executive Officer and Chief Financial Officer

Retrieved on: 
Wednesday, March 29, 2023
Lithium, Legislation, Accident, Professional, Geology, International Association, IAMGOLD, Top, Government, Natural Resources, MDS, Sandfire, Western Australia, Copper, Earthquake, Risk, Mining, CFO, Weather, Nortel, Hudbay, Management, Risk management

WHITE SULPHUR SPRINGS, Mont., March 29, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") is pleased to announce that highly experienced mining executive, Mr. Lincoln Greenidge, has been appointed as the new Chief Executive Officer (CEO) of the Company.

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., March 29, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") is pleased to announce that highly experienced mining executive, Mr. Lincoln Greenidge, has been appointed as the new Chief Executive Officer (CEO) of the Company.
  • In 2021, Mr. Greenidge was selected as the Top Chief Financial Officer of the Decade by the International Association of Top Professionals (IAOTP).
  • “After working with Lincoln Greenidge for the last year, his professionalism and commitment to our project and the mining industry are inspiring.
  • While Mr. Scargill is no longer an executive of the Company, he will continue to support the project by remaining on the Sandfire America Board as a director.

Sandfire Resources America Announces Change of Auditor

Retrieved on: 
Friday, February 3, 2023
NI, SEDAR, TSX Venture Exchange, National instrument, Chartered Professional Accountant, Former, Ernst & Young, Sandfire, Western Australia, Audit

WHITE SULPHUR SPRINGS, Mont., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that is has changed its auditor from Ernst & Young LLP, Chartered Professional Accountants (the “Former Auditor”) to McGovern Hurley LLP, Chartered Professional Accountants (the “Successor Auditor”) effective as of January 23, 2023.

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that is has changed its auditor from Ernst & Young LLP, Chartered Professional Accountants (the “Former Auditor”) to McGovern Hurley LLP, Chartered Professional Accountants (the “Successor Auditor”) effective as of January 23, 2023.
  • There have been no modified opinions expressed in the Former Auditor’s auditor reports on any of the Company’s financial statements relating to the “relevant period” (as defined under subsection 4.11(1) of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”)), nor have there been any “reportable events” within the meaning assigned under section 4.11 of NI 51-102.
  • In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Company’s Board of Directors and Auditor Committee, and filed on SEDAR (www.sedar.com) under the Company’s profile.
  • Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Sandfire Resources America Announces Approval of Long-Term Incentive Plan

Retrieved on: 
Thursday, December 15, 2022
TSX Venture Exchange, SEDAR, Plan, Sandfire, Western Australia, Risk management

WHITE SULPHUR SPRINGS, Mont., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that at its Annual General Meeting of Shareholders (the “Meeting”) held on December 13, 2022, Sandfire America’s shareholders approved the adoption of its proposed 2.5% long-term incentive plan (the “Plan”).

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that at its Annual General Meeting of Shareholders (the “Meeting”) held on December 13, 2022, Sandfire America’s shareholders approved the adoption of its proposed 2.5% long-term incentive plan (the “Plan”).
  • The Plan is fully described in the Company’s management information circular dated November 3, 2022 (the “Information Circular”).
  • The full text of the Plan is also appended to the Information Circular as Schedule “A”, a copy of which has been filed on SEDAR at www.sedar.com under Sandfire America’s profile.
  • Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Sandfire Resources America Announces Successful Completion of Water Rights Permitting

Retrieved on: 
Tuesday, November 1, 2022
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The DNRC also approved the Companys change applications to use six existing water rights to mitigate surface water flow reductions resulting from the groundwater diversion.

Key Points: 
  • The DNRC also approved the Companys change applications to use six existing water rights to mitigate surface water flow reductions resulting from the groundwater diversion.
  • Water right permits and change applications are issued by the DNRC in accordance with the Montana Water Use Act (Title 85, chapter 2, MCA).
  • Regulatory finalization will be followed by the requirement of the Sandfire Resources America Incs Board approval and securing financing.
  • Sandfire Resources America Inc. is a Canadian-listed junior exploration company (TSX-V:SFR) which is majority-owned by Sandfire Resources Limited, an international and diversified sustainable mining company which is listed on the Australian Securities Exchange (ASX:SFR).

Sandfire Resources America Announces Legal Proceedings Update for the Black Butte Copper Project

Retrieved on: 
Tuesday, July 5, 2022
TSX Venture Exchange, Intention, MEPA, TSX, Senior, Legislation, Mine, GLOBE, Company, District court, Montana Environmental Information Center, Montana District Courts, DEQ, MMRA, Sandfire, Western Australia, Environmental quality, Montana Department of Fish, Wildlife and Parks, Government, Risk management, Permit

("Sandfire America" or the "Company") announces that the District Court has issued an order on remedies that will allow Phase I Construction of the Black Butte Copper Project to be completed under the existing permit.

Key Points: 
  • ("Sandfire America" or the "Company") announces that the District Court has issued an order on remedies that will allow Phase I Construction of the Black Butte Copper Project to be completed under the existing permit.
  • Jerry Zieg, Senior Vice President, stated, Although we continue to strongly disagree with the Courts initial April 8th Order, we are pleased with Judge Bidegarays decision today to allow us to continue with its development of the Black Butte Copper Project.
  • Sandfire America maintains that our Black Butte Copper Project is the best and most environmentally sound mining project ever proposed in Montana and that DEQ properly permitted all phases of the Project.
  • The ruling found that the Montana DEQ had violated aspects of the Montana Environmental Policy Act (MEPA) and the Montana Metal Mine Reclamation Act (MMRA) in its grant of a Mine Operating Permit for the Black Butte Copper Project.

Sandfire Resources America Announces Variation to Bridge Loan Agreement

Retrieved on: 
Thursday, June 30, 2022
TSX Venture Exchange, Communication, Bridge loan, TSX, Legislation, GLOBE, Company, Variation, Proprietary company, Sandfire, Western Australia, VP, Government, SEC, Intention, Agreement, Bank, Security (finance)

WHITE SULPHUR SPRINGS, Mont., June 30, 2022 (GLOBE NEWSWIRE) -- Sandfire Resources AmericaInc.

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., June 30, 2022 (GLOBE NEWSWIRE) -- Sandfire Resources AmericaInc.
  • ("Sandfire America" or the "Company") announces that it has entered into a variation agreement (the "Variation") to its bridge loan agreement (the Bridge Loan) with Sandfire BC Holdings (Australia) Pty Ltd. ("Sandfire BC"), the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company ("Tintina Montana").
  • Pursuant to the Variation, the amount available to be borrowed under the Bridge Loan will be increased from an aggregate of up to US$12.0 million to an aggregate of up to US$22.0million (the "Loan") through one or more advances, and the Loans latest maturity will be extended from June 30, 2022 to June 30, 2023, subject to the terms of the Variation and the Bridge Loan.
  • All other terms and conditions of the Bridge Loan shall remain in full force and effect, except as amended by the Variation.

Sandfire Resources America Legal Challenge Update

Retrieved on: 
Monday, April 11, 2022
TSX Venture Exchange, Company, Risk, Environmental quality, Earthquake, District court, Legislation, Bangladesh Petroleum Exploration and Production Company Limited, MT, Mining, Montana Department of Justice, Accident, Motion, MMRA, TSX, Government, Justice, DEQ, Intention, MEPA, Montana Department of Natural Resources and Conservation, Williamson v. Mazda Motor of America, Inc., GLOBE, Order, News, Sandfire, Western Australia, Weather, Online gambling, Risk management

WHITE SULPHUR SPRINGS, Mont., April 11, 2022 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. (Sandfire America or the Company) announces results of the state District Court Legal Challenge related to its Mine Operating Permit.

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., April 11, 2022 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. (Sandfire America or the Company) announces results of the state District Court Legal Challenge related to its Mine Operating Permit.
  • A decision on the case was issued on April 8, 2022 and received by the Company on April 11, 2022.
  • The Company is reviewing the legal decision and will then make a plan on going forward after the information has been evaluated.
  • Sandfire Americas Senior Vice President Jerry Zieg shared, We have gone above and beyond industry standards to satisfy Montanas permitting requirements, which provide one of the toughest regulatory processes worldwide.