OTC-PINK:MNDJF

Mandalay Resources Provides Target Release Date for its First Quarter 2024 Financial Results and Conference Call

Retrieved on: 
Monday, May 6, 2024

TORONTO, May 6, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that its first quarter 2024 financial results will be released after market close on May 08, 2024, followed by a conference call and webcast with Frazer Bourchier, President and Chief Executive Officer of Mandalay, for investors and analysts on May 09, 2024, at 8:00 AM (Toronto time).

Key Points: 
  • TORONTO, May 6, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that its first quarter 2024 financial results will be released after market close on May 08, 2024, followed by a conference call and webcast with Frazer Bourchier, President and Chief Executive Officer of Mandalay, for investors and analysts on May 09, 2024, at 8:00 AM (Toronto time).
  • You may join by using the following dial-in number:
    A replay of the conference call will be available until 11:59 PM (Toronto time), May 16, 2024, and can be accessed using the following dial-in numbers:

Mandalay Resources Provides Target Release Date for its First Quarter 2024 Financial Results and Conference Call

Retrieved on: 
Monday, May 6, 2024

TORONTO, May 6, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that its first quarter 2024 financial results will be released after market close on May 08, 2024, followed by a conference call and webcast with Frazer Bourchier, President and Chief Executive Officer of Mandalay, for investors and analysts on May 09, 2024, at 8:00 AM (Toronto time).

Key Points: 
  • TORONTO, May 6, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that its first quarter 2024 financial results will be released after market close on May 08, 2024, followed by a conference call and webcast with Frazer Bourchier, President and Chief Executive Officer of Mandalay, for investors and analysts on May 09, 2024, at 8:00 AM (Toronto time).
  • You may join by using the following dial-in number:
    A replay of the conference call will be available until 11:59 PM (Toronto time), May 16, 2024, and can be accessed using the following dial-in numbers:

Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine

Retrieved on: 
Wednesday, April 24, 2024

This press release is the first in a series of updates on our 2024 regional exploration progress at Björkdal.

Key Points: 
  • This press release is the first in a series of updates on our 2024 regional exploration progress at Björkdal.
  • This deposit has not been thoroughly explored in comparison to our extensive Björkdal deposit however it is showing promising signs of gold mineralization.
  • The Storheden deposit is located roughly 600 m to the Northeast of the Björkdal mine (Figure 2-3).
  • Despite its promising structural setting, the 2023 drilling showed that this area lacks the pervasive veining characterizing the Björkdal and Storheden deposits.

Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine

Retrieved on: 
Wednesday, April 24, 2024

This press release is the first in a series of updates on our 2024 regional exploration progress at Björkdal.

Key Points: 
  • This press release is the first in a series of updates on our 2024 regional exploration progress at Björkdal.
  • This deposit has not been thoroughly explored in comparison to our extensive Björkdal deposit however it is showing promising signs of gold mineralization.
  • The Storheden deposit is located roughly 600 m to the Northeast of the Björkdal mine (Figure 2-3).
  • Despite its promising structural setting, the 2023 drilling showed that this area lacks the pervasive veining characterizing the Björkdal and Storheden deposits.

Mandalay Resources Corporation Announces Strong Production Results and Growing Cash Balance for First Quarter 2024

Retrieved on: 
Monday, April 8, 2024

TORONTO, April 8, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.

Key Points: 
  • TORONTO, April 8, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.
  • "We are pleased to report Mandalay's continued operational success in the latest quarter, achieving a solid production result of nearly 25,000 gold equivalent ounces across both operations.
  • This achievement positions the Company on a stable trajectory towards meeting our annual production target of 90,000 – 100,000 gold equivalent ounces.
  • Of significant note, Mandalay bolstered its cash reserves substantially, increasing its cash balance by over $20 million in the quarter, culminating in a closing quarter cash balance of $47 million."

Mandalay Resources Corporation Announces Strong Production Results and Growing Cash Balance for First Quarter 2024

Retrieved on: 
Monday, April 8, 2024

TORONTO, April 8, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.

Key Points: 
  • TORONTO, April 8, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.
  • "We are pleased to report Mandalay's continued operational success in the latest quarter, achieving a solid production result of nearly 25,000 gold equivalent ounces across both operations.
  • This achievement positions the Company on a stable trajectory towards meeting our annual production target of 90,000 – 100,000 gold equivalent ounces.
  • Of significant note, Mandalay bolstered its cash reserves substantially, increasing its cash balance by over $20 million in the quarter, culminating in a closing quarter cash balance of $47 million."

Mandalay Resources Announces Normal Course Issuer Bid

Retrieved on: 
Friday, February 23, 2024

TORONTO, Feb. 23, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").

Key Points: 
  • TORONTO, Feb. 23, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").
  • Mandalay may begin to purchase Common Shares on or about February 27, 2024.
  • The price that Mandalay will pay for any Common Shares will be the market price of such Common Shares at the time of acquisition.
  • Any Common Shares that are purchased under the NCIB will be cancelled upon their purchase by Mandalay.

Mandalay Resources Announces Normal Course Issuer Bid

Retrieved on: 
Friday, February 23, 2024

TORONTO, Feb. 23, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").

Key Points: 
  • TORONTO, Feb. 23, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").
  • Mandalay may begin to purchase Common Shares on or about February 27, 2024.
  • The price that Mandalay will pay for any Common Shares will be the market price of such Common Shares at the time of acquisition.
  • Any Common Shares that are purchased under the NCIB will be cancelled upon their purchase by Mandalay.

Mandalay Resources Announces Financial Results for the Fourth Quarter and Full-Year 2023

Retrieved on: 
Thursday, February 22, 2024

TORONTO, Feb. 22, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) is pleased to announce its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • TORONTO, Feb. 22, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) is pleased to announce its financial results for the fourth quarter and year ended December 31, 2023.
  • After a poor start in 2023 due to various operational issues mostly at Costerfield, our strong financial performance in the fourth quarter underscored the effectiveness of our various strategic initiatives and the increased operational and financial focus of our team.
  • "Costerfield delivered a robust financial quarter, achieving $28.5 million in revenue and generating $17.0 million in adjusted EBITDA.
  • The following table summarizes the Company's consolidated financial results for the three months and years ended December 31, 2023 and 2022:

Mandalay Resources Announces Financial Results for the Fourth Quarter and Full-Year 2023

Retrieved on: 
Thursday, February 22, 2024

TORONTO, Feb. 22, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) is pleased to announce its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • TORONTO, Feb. 22, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) is pleased to announce its financial results for the fourth quarter and year ended December 31, 2023.
  • After a poor start in 2023 due to various operational issues mostly at Costerfield, our strong financial performance in the fourth quarter underscored the effectiveness of our various strategic initiatives and the increased operational and financial focus of our team.
  • "Costerfield delivered a robust financial quarter, achieving $28.5 million in revenue and generating $17.0 million in adjusted EBITDA.
  • The following table summarizes the Company's consolidated financial results for the three months and years ended December 31, 2023 and 2022: