Macarthur Minerals Ltd.

Macarthur Minerals Ltd. is pleased to provide an update to Shareholders outlining an active and significant first quarter 2019 in the ongoing development of the Company’s iron ore projects and exploration activities across the lithium, gold, nickel and cobalt projects in Western Australia and Nevada, USA. FIRST QUARTER HIGHLIGHTS Opened an up to US$6 million institutional Convertible Note offer to fund the [...]

Macarthur Minerals Ltd. is pleased to announce that it has partnered with Australian freight haulage company Aurizon to finalise a rail haulage contract for its Lake Giles Moonshine Magnetite Project in the Yilgarn region of Western Australia. This news follows the Company’s recent announcement that it has signed a binding Life-of-Mine Off-Take Agreement with Glencore International A.G. for the sale of iron ore to [...]

Macarthur Minerals Ltd. announces that, as a result of a review by the Investment Industry Regulatory Organization of Canada, the Company is issuing the following news release to clarify certain statements in the Company’s news release dated March 21, 2019 entitled “Macarthur Minerals Signs 10 Year Iron Ore Off-Take Agreement for the Lake Giles Iron Project in Australia With Glencore International A.G.&rdquo [...]

Macarthur Minerals Ltd. is pleased to announce that it has entered into a binding Life-of-Mine Off-Take Agreement with Glencore International A.G. for sale of iron ore to be produced from the Lake Giles Iron Project at Lake Giles in the Yilgarn region of Western Australia from the commencement of commercial production. Cameron McCall, Executive Chairman of Macarthur Minerals commented; “I am extremely excited to see [...]

Macarthur Minerals Ltd. is pleased to announce the issuance of a private placement offering of up to US$6 million of secured Convertible Note . The proceeds from the offering will be used to complete a Bankable Feasibility Study on Macarthur’s Moonshine Magnetite and Ularring Hematite iron ore deposits in Western Australia. The BFS will include a 54-hole drill program. Macarthur owns 100% of the Moonshine Magnetite [...]

Macarthur Minerals Limited is pleased to provide an update on its previously announced non-brokered private placement of up to 8,750,000 Units at a price of CAD$0.04 per Unit for a total consideration of CAD$350,000. The Company is encouraged by the interest received and as announced on February 25, 2019, the total placement closed with gross proceeds of CAD$305,758. The net proceeds from the Offering will be used in [...]

Macarthur Minerals Limited is pleased to announce that it has closed the previously announced non-brokered private placement of up to 8,750,000 Units at a price of CAD$0.04 per Unit for a total consideration of CAD$350,000. The total placement closed with subscriptions totalling 7,643,950 Units for gross proceeds of CAD$305,758. Each Unit is comprised of one common share in the capital of the Company . Following closing [...]

Macarthur Minerals Limited is pleased to announce a non-brokered private placement of up to 8,750,000 Units at a price of CAD$0.04 per Unit for a total consideration of CAD$350,000. The Unit price is equal to the closing price of the Company’s TSX Venture Exchange listed shares on February 18, 2019. Each Unit shall be comprised of one common share in the capital of the Company . The Company has obtained approval [...]

Macarthur Minerals Ltd. is pleased to announce that it has joined the OTC marketplace, OTCQB. Figure 1. Metal Bulletin Iron Ore Index The OTCQB Venture Market offers the benefits of being publicly traded in the United States to expand the Company access to investors, engage them with quality disclosure of financials and provide trading transparency to stimulate liquidity. Investors can find current financial disclosure [...]

Macarthur Minerals Ltd. is pleased to announce the appointment of Ian Cooper as Consulting Geologist and Mima Wirakara as Assistant Company Secretary. Mr Cooper will be joining the team lead by Dr Dean Carter in advancing the drilling out of the Company’s iron ore projects in the Yilgarn region of Western Australia. He will also be involved in the advancement of the gold and lithium exploration in the Pilbara and [...]