Mandalay Resources Corp.

Mandalay Resources and Elgin Mining announced today that they have entered into an arrangement agreement pursuant to which Mandalay will acquire all of the outstanding common shares of Elgin for consideration consisting of C$0.37 cash or 0.4111 of a Mandalay common share per Elgin common share, subject to pro ration. The total transaction value is approximately C$70 million. Based on the closing price of Mandalay's shares [...]

Financing Size Increased to US$60 Million TORONTO, May 14, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX:MND) is pleased to announce that it has completed the 5.875% debt financing that was described in the Company's press releases of April 23, 2014 and April 29, 2014. The financing proceeds were raised by way of a concurrent offering of senior exchangeable bonds (the "Bonds") issued by Gold [...]

TORONTO, May 6, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce the results of its Annual and Special Meeting of Shareholders held today in Toronto, Ontario. All of the resolutions presented at the meeting were approved by the shareholders, with the votes cast by proxy representing 63% of the total shares outstanding as of the record date. Election of Directors The [...]

TORONTO, May 5, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today revenue of $38.1 million, EBITDA of $16 million and net income of $5.7 million or $0.02 per share for the first quarter of 2014. The Company's unaudited consolidated financial results for the three months ended March 31, 2014, together with its Management's Discussion and Analysis ("MD&A") for the corresponding [...]

TORONTO, April 30, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) today announced that its first quarter 2014 financial results will be released after market close on Monday, May 5, 2014, followed by a conference call with Mandalay CEO Brad Mills for investors and analysts on May 6, 2014 at 8:00 am (Toronto time). Analysts and interested investors are invited to participate using the [...]

TORONTO, April 29, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) is pleased to announce that the pricing of the debt financing it announced on April 23, 2014 has been fixed at 5.875% per annum. The amount of the financing is US$50 million. Mandalay intends to use the net proceeds from the financing for general corporate purposes. The pricing and size of the financing are based on the [...]

TORONTO, April 23, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) announced today that it intends to borrow US$60 million from Gold Exchangeable Limited, an unaffiliated special purpose vehicle incorporated in Jersey (the "Issuer"). The Issuer has today launched a proposed private placement offering of US$60 million of senior exchangeable bonds (the "Bonds") and the Company, through its [...]

TORONTO, April 14, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today its production and sales results for the first quarter, 2014. Brad Mills, Chief Executive Officer of Mandalay, commented: "Both of Mandalay's operations performed as planned in the first quarter. Costerfield delivered its first production from the Cuffley Lode. With Cuffley starting to contribute to [...]

TORONTO, March 28, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announces that it has filed its Annual Information Form for the year ended December 31, 2013. The Annual Information Form can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.mandalayresources.com. Mandalay has also filed updated National Instrument 43-101 ("NI 43-101") compliant [...]

TORONTO, Feb. 18, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today revenue of $39.1 million, EBITDA of $13.9 million and net income of $4.4 million or $0.01 per share for the fourth quarter of 2013. For the full year, the Company delivered revenue of $166.9 million, EBITDA of $67.7 million and net income of $29.4 million or $0.09 per share. In accordance with the Company's [...]