Company Press Releases

Erdene Announces Positive Bankable Feasibility Study Results for Bayan Khundii Gold Project

2020-07-20 / @nasdaq

NI 43-101 Technical Report Highlights (US$1,400/oz Gold Price) Base Case after-tax Net Present Value of US$100 million (NPV5%) and 42% Internal Rate of Return (IRR), increasing to US$216 million and 77% IRR, respectively, at current gold price of US$1,800/ozLife of Mine Earnings Before Inte...Read More

Buffalo Coal confirms positive COVID-19 case at its Aviemore operation

2020-07-17 / @newsfile

Toronto, Ontario--(Newsfile Corp. - July 17, 2020) - Buffalo Coal Corp. (TSXV: BUF)Buffalo Coal is a South African based company with mining operations in Dundee, KwaZulu Natal. Buffalo Coal confirms that one employee working in an underground section at its Aviemore operation has tested positive f...Read More

Sherritt Provides Notice of Second Quarter 2020 Results, Conference Call and Webcast

2020-07-17 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) will release its second quarter 2020 financial results after market close on July 29, 2020. Senior management will host a conference call and webcast on July 30, 2020 at 10:00 am ET to review Sh...Read More

Sherritt Announces Amendment to Its Transaction to Improve Its Capital Structure Relating to Its Ambatovy Joint Venture Partner Loans

2020-07-17 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that it has amended certain terms of its previously announced transaction to improve its capital structure described in the Corporation’s management information circular d...Read More

Sparton Resources Inc. Announces Private Placement Financing

2020-07-13 / @nasdaq

TORONTO, July 13, 2020 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV.SRI) ("Sparton" or the "Company") announced today that it intends to enter into agreements for a private placement financing totalling up to $500,000 through the sale of up to a total of 8,333,333,...Read More

Buffalo Coal Confirms Identification of Positive COVID-19 Case Following Screening and Testing at Its Coalfields Operation

2020-07-13 / @newsfile

Toronto, Ontario--(Newsfile Corp. - July 13, 2020) - Buffalo Coal Corp. (TSXV: BUF).Buffalo Coal is a South African based company with mining operations in Dundee, KwaZulu Natal. Buffalo Coal confirms that one employee working at the processing plant based at its Coalfields site has tested positive...Read More

Erdene Confirms Three New Near-surface, High-Grade Gold Zones at Khundii Gold Project

2020-07-15 / @nasdaq

Highlights: Q2 2020 exploration program returned outstanding results with near-surface, high-grade gold intersections in all targeted areas; Midfield SE, Striker SW and Dark HorseIntersected anomalous gold in all 11 holes in a 100m x 50m area, within 25 metres of surface at Striker SW ...Read More

Sherritt Announces Extension of the Early Consent Date and Update on Debtholder Votes in Connection with its Transaction

2020-07-13 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that, in order to provide holders (the “Noteholders”) of the Corporation’s outstanding (i) 8.00% senior unsecured debentures due 2021, (ii) 7.50% senior unse...Read More

Sparton Resources Inc.: Company Increases Property Holdings in Oakes Gold Project Area, Matachewan, Ontario

2020-07-06 / @nasdaq

TORONTO, July 06, 2020 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV.SRI) ("Sparton" or the "Company") announced today that it has acquired eighteen (18) additional mining claim units (the “Claims”) adjacent to or nearby to the Company’s Sir Harr...Read More

Sherritt Reminds Stakeholders of Upcoming Early Consent Date and Key Dates in Connection With Its Previously Announced Transaction

2020-07-08 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) reminds holders (the “Noteholders”) of the Corporation’s outstanding (i) 8.00% senior unsecured debentures due 2021, (ii) 7.50% senior unsecured debentures due 2023, and (ii...Read More

Sherritt Publishes Cobalt Reference Price and Warrant Conversion Ratio for July 2020

2020-07-08 / @businesswire

Sherritt International Corporation (“Sherritt”) (TSX:S), a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended June 30, 2...Read More

Erdene Intersects 5.5 Metres of 126 g/t Gold Including 1 Metre of 582 g/t Gold at New Bayan Khundii Zone And 15 Metres of 26 g/t Gold Including 1 Metre of 338 g/t Gold

2020-07-07 / @nasdaq

HALIFAX, Nova Scotia, July 07, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce drilling results from the Midfield Southeast zone of the Company’s 100%-owned Bayan Khu...Read More

Corsa Coal Announces Results of Annual and Special Meeting

2020-06-30 / @newswire

FRIEDENS, PA, June 30, 2020 /CNW/ - Corsa Coal Corp. (TSXV: CSO) (OTCQX: CRSXF) ("Corsa" or the "Company") is pleased to announce the results of its annual and special meeting of shareholders held earlier today (the "Meeting"). At the Meeting, the following seven...Read More

Update on Delay in Publication of 2019 Audited Annual Results and Despatch of 2019 Annual Report

2020-06-30 / @nasdaq

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) -- SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that reference is made to the announcements of the Company dated May 17, 2020 and June 11, 2020 (collectively, t...Read More

Sherritt Provides Important Information and Update on Key Dates for its Transaction to Improve its Capital Structure and Stakeholder Meetings

2020-06-29 / @businesswire

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today the filing of an amended version of the plan of arrangement (the “Plan of Arrangement”) pursuant to which its previously announced transaction to improve its capita...Read More

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