Lac Seul First Nation

Governments of Canada and Ontario invest over $61 million to bring high-speed Internet access to more than 16,000 homes in Ontario

Retrieved on: 
Friday, March 3, 2023

The governments of Canada and Ontario are taking action to bring high-speed Internet access to unserved and underserved communities.

Key Points: 
  • The governments of Canada and Ontario are taking action to bring high-speed Internet access to unserved and underserved communities.
  • This investment will bring high-speed Internet access to more than 16,000 homes in 47 rural Ontario communities and 3 First Nations communities in Northern Ontario .
  • On April 19, 2022, the governments announced an additional joint federal-provincial investment of more than $56 million for six new projects that will bring reliable high-speed Internet access to over 6,500 homes and businesses in Northern and Southwestern Ontario.
  • In 2021, Ontario passed the Supporting Broadband and Infrastructure Expansion Act, 2021 to help speed up construction of high-speed Internet projects.

Kinross announces robust initial mineral resource of 2.7 Moz. indicated and 2.3 Moz. inferred for Great Bear project

Retrieved on: 
Monday, February 13, 2023

TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) is pleased to announce an initial mineral resource estimate for its 100% owned Great Bear project located in Ontario, Canada.

Key Points: 
  • Kinross completed comprehensive data analysis to build high quality lithology, alteration, and structural models which feed the Company’s mineral resource estimation domains.
  • “The Great Bear initial mineral resource estimate marks an exciting milestone for the Company’s future development,” said J. Paul Rollinson, President and CEO.
  • The Company has received additional assay results that are not included in the initial mineral resource.
  • Kinross is voluntarily releasing a technical report focused on geology and metallurgy that supports this initial mineral resource estimate concurrently following this press release.

Statement - Minister Gould announces changes to make it easier for Canadians to receive in person service at more than 300 Service Canada Centres for their mailed-in passport applications

Retrieved on: 
Friday, July 29, 2022

This has been stressful for Canadians and a challenging way for them to get their documents.

Key Points: 
  • This has been stressful for Canadians and a challenging way for them to get their documents.
  • "To help make this process easier for Canadians, Service Canada has implemented a new process.
  • Previously, Canadians could only request transfers in person at one of 35 specialized passport sites (Service Canada Centre Passport Services), or by contacting the call centre.
  • For example, in Ontario, Service Canada has expanded delivery of passport services to 20 scheduled outreach sites.

Royal Gold Announces Agreement to Acquire Great Bear Royalties Corp. to Gain Royalty Exposure to the Emerging World-Class Great Bear Project

Retrieved on: 
Monday, July 11, 2022

I am pleased to announce this friendly transaction with Great Bear Royalties Corp., which provides Royal Gold exposure to Canadas newest major gold discovery, the Great Bear Project, commented Bill Heissenbuttel, President and CEO of Royal Gold.

Key Points: 
  • I am pleased to announce this friendly transaction with Great Bear Royalties Corp., which provides Royal Gold exposure to Canadas newest major gold discovery, the Great Bear Project, commented Bill Heissenbuttel, President and CEO of Royal Gold.
  • Emerging world class gold project with long-term growth potential: The Great Bear Project is Canadas newest major gold discovery.
  • The Great Bear Project has significant exploration upside potential and Kinross has reported that 80% of the property is unexplored.
  • Kinross has disclosed that it is currently undertaking a comprehensive exploration and development program at the Great Bear Project.

Kinross provides update on Great Bear project and U.S. projects

Retrieved on: 
Tuesday, June 28, 2022

TORONTO, June 28, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to provide an update on its Red Lake, Ontario-based Great Bear project, as well as its Manh Choh project in Alaska and Curlew exploration project in Washington State.

Key Points: 
  • Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements.
  • Forward-looking statements are provided for the purpose of providing information about managements expectations and plans relating to the future.
  • These factors are not intended to represent a complete list of the factors that could affect Kinross.
  • Where we say "we", "us", "our", the "Company", or "Kinross" in this news release, we mean Kinross Gold Corporation and/or one or more or all of its subsidiaries, as may be applicable.

PureGold Mine Operations Update and 2022 Corporate Outlook

Retrieved on: 
Monday, March 28, 2022

VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (PureGold or the Company), is pleased to provide an operations update from the Companys PureGold Mine in Red Lake, Ontario and to provide an updated corporate outlook for 2022.

Key Points: 
  • VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (PureGold or the Company), is pleased to provide an operations update from the Companys PureGold Mine in Red Lake, Ontario and to provide an updated corporate outlook for 2022.
  • We are building a new culture at PureGold centered around open communication, clear goals and strategy, and accountability.
  • PureGold will host its first Quarterly Conference Call on Thursday March 31st, 2022 at 9:00am PDT.
  • A replay of the audio call will be available via the telephone numbers below and available until April 7th, 2022.

Kinross completes acquisition of Great Bear Resources

Retrieved on: 
Thursday, February 24, 2022

The closing of the acquisition of Great Bear Resources represents a milestone for Kinross as we advance our future growth strategy.

Key Points: 
  • The closing of the acquisition of Great Bear Resources represents a milestone for Kinross as we advance our future growth strategy.
  • Under the terms of the Arrangement, Great Bear shareholders were provided the right to elect to receive C$29.00 in cash for each Great Bear common share (Great Bear Share) or 3.8564 Kinross common shares (Kinross Share) per Great Bear Share, both subject to pro-ration to a maximum cash consideration of approximately US$1.1 billion (C$1.4 billion) and a maximum of 80,773,353 Kinross Shares.
  • The Arrangement also includes a payment of contingent consideration in the form of one contingent value right (CVR) per Great Bear Share that may be exchanged for 0.1330 of a Kinross Share per Great Bear Share.
  • In aggregate, Kinross will pay approximately C$1.35 billion in cash and issueapproximately 49.3 million Kinross shares and approximately 59.3 million CVRs to Great Bear securityholders under the Arrangement.

Canada supports Lac Seul First Nation in undertaking research and commemoration activities around the former Pelican Lake Residential School site

Retrieved on: 
Thursday, December 16, 2021

A support line is available for former residential school students and their families for support, emotional and crisis referral services.

Key Points: 
  • A support line is available for former residential school students and their families for support, emotional and crisis referral services.
  • You can also find information on how to obtain other health support from the Government of Canada.
  • Please call the National Residential School Crisis Line at 1-866-925-4419 if you or someone you know is triggered while reading this.
  • "We will be there to support communities like Lac Seul First Nation to research what happened at former residential schools, including Pelican Lake Residential School.

MELODY MCKIVER TO RELEASE OFFICIAL MOTION PICTURE SOUNDTRACK FOR AWARD-WINNING FILM RETURNING HOME

Retrieved on: 
Tuesday, December 14, 2021

Composed on solo viola and electronics for the award-winning documentary Returning Home, McKiver's official motion picture soundtrack explores tandem themes of trauma to the land and waters and the ongoing repercussions of residential schools.

Key Points: 
  • Composed on solo viola and electronics for the award-winning documentary Returning Home, McKiver's official motion picture soundtrack explores tandem themes of trauma to the land and waters and the ongoing repercussions of residential schools.
  • The film has received top recognition at three western Canadian international film festivals in Calgary, Edmonton and Vancouver taking home the best Canadian documentary award from three respective juries.
  • Melody McKiver recorded the soundtrack on location in Sioux Lookout, Ont., and mastered at Grey Market Mastering in Montreal, Que.
  • They are directing any profits from the official Returning Home soundtrack towards mutual aid for residential school survivors from Lac Seul First Nation McKiver's matrilineal community.

Kinross announces acquisition of Great Bear Resources

Retrieved on: 
Thursday, December 9, 2021

TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to announce today that it has entered into a definitive agreement (the “Agreement”) with Great Bear Resources Ltd. (TSX-V:GBR) (“Great Bear”) to acquire all of the issued and outstanding shares of Great Bear through a plan of arrangement (the “Transaction”).

Key Points: 
  • TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (Kinross or the Company) is pleased to announce today that it has entered into a definitive agreement (the Agreement) with Great Bear Resources Ltd. (TSX-V:GBR) (Great Bear) to acquire all of the issued and outstanding shares of Great Bear through a plan of arrangement (the Transaction).
  • Great Bear shareholders will also receive one contingent value right per Great Bear common share, providing for further potential consideration equal to 0.1330 of a Kinross share per Great Bear common share which represents US$46.0 million1 (C$58.2 million) in aggregate consideration, or C$1.00 per Great Bear common share, on a partially-diluted3 basis (based upon the closing price of a Kinross share on the TSX as at December 7, 2021).
  • The Board of Directors of Great Bear have unanimously approved the Transaction, with Great Bear directors recommending that Great Bear shareholders vote in favour of the Transaction.
  • Great Bear may, under certain circumstances, terminate the Agreement in favour of an unsolicited superior proposal, subject to a termination payment by Great Bear to Kinross.