VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 17, 2015) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Macarthur Minerals Ltd. (TSX:MMS)(OTCQX:MMSDF) (the "Company" or "Macarthur Minerals") is pleased to announce that the Company has recovered costs of: A$1,428,370 in relation to funding costs expended by the Company in the action by the liquidator of [...]
TORONTO, Feb. 3, 2015 /CNW/ - DELISTING REVIEW Macarthur Minerals Limited (the "Company") – TSX is reviewing the Common Shares (Symbol: MMS) of the Company with respect to meeting the continued listing requirements. The Company has been granted 120 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process. About TMX Group (TSX:X) TMX Group's key subsidiaries operate cash and [...]
Macarthur Minerals announces that the Company has received notice from the Toronto Stock Exchange that it is reviewing the common shares of the Company with respect to meeting the continued listing requirements of TSX. TSX has indicated that the review process is being conducted as a result of the decline in the market value of the Company's common shares pursuant to Part VII of the TSX Company Manual. The Company is [...]
Symbol: MMS: TSX, OTCQX: MMSDF BRISBANE, Australia, Nov. 27, 2014 /CNW/ - Macarthur Minerals Ltd. (TSX: MMS, OTCQX: MMSDF) (the "Company" or "Macarthur") is pleased to announce that it has entered into an agreement with ATEC Rail Group Limited ("ARG") to review iron ore acquisition opportunities in the Yilgarn region of Western Australia. Macarthur's President, Chairman and CEO, Alan Phillips commented that, "From the [...]
Macarthur Minerals is pleased to announce that all resolutions were passed at the Annual General Meeting of the Company held today in Australia. Macarthur's President, Chairman and CEO, Alan Phillips commented that, "Macarthur takes this opportunity to thank its shareholders for its high level of support. Almost 85% of the Company's shareholders participated in the meeting, with 85 - 100% of those shareholders voting in [...]
Macarthur Minerals announces that it has filed the Management Information Circular and related proxy materials with Canadian securities regulators in preparation for the Company's Annual General Meeting on August 28. The Company is pleased to announce that Institutional Shareholder Services has issued its report recommending to their respective institutional clients that they vote in favour of all proposed items put [...]
Macarthur Minerals is pleased to announce that the Company has closed its previously announced private placement of 11,200,000 shares of the Company at a price of AUD$0.20 per share to a private investor. The price per share is equal to approximately C$0.204 per share, based on the Reserve Bank of Australia exchange rate on June 6, 2014, and represents approximately a 46% premium to the closing price of the Company's [...]
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ Symbol: MMS: TSX, OTCQX: MMSDF BRISBANE, Australia, June 9, 2014 /CNW/ - Macarthur Minerals Limited (TSX: MMS, OTCQX: MMSDF) (the "Company" or "Macarthur Minerals") is pleased to announce that it has entered into a share subscription agreement and received gross funds of AUD$2,240,000 for a private placement of [...]
Macarthur is pleased to announce that it has filed its Audited Australian Annual Report for the year end March 31, 2014 with the Australian Securities and Investment Commission and on SEDAR. Macarthur Minerals Limited is an Australian based resource development company currently focused on developing its Ularring Hematite Project, located in the Yilgarn iron ore district in Western Australia. The Ularring Hematite Project [...]
Macarthur is pleased to advise that on May 7, 2014, the Western Australian Government announced the Yilgarn Esperance Solution Limited, as the preferred proponent for the expansion of the Multi User Iron Ore Export Facility at the Port of Esperance. YES is a consortium led by Asciano, an ASX listed integrated transport and logistics service provider. The next steps in the project are for Esperance Ports Sea and Land and [...]
Macarthur Minerals Limited reports that the decision in the Queensland Supreme Court action by the Liquidator for First Strategic Development Corporation Limited, against the directors of FSDC for insolvent trading was handed down on Friday, 4 April 2014. The Court ordered that: 1. The first and third defendants, Sing Chuck Charles Chan and Wai Tak (Edward) Kwok, pay to FSDC, the sum of $1,349,131.03.
Macarthur Minerals is pleased to announce an update to the Ularring Hematite Project based upon revised cost estimates, resulting in reduced opex and capex estimates. Like most junior resources stocks, Macarthur faced challenging market conditions in 2013. Despite such conditions, Macarthur has continued to advance the Project throughout the past year and has de-risked major project delivery areas like the exploration [...]