VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 31, 2014) - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG)(NASDAQ OMX:LUG) announces in accordance with the Swedish Financial Instruments Trading Act, the following: As a result of the completion of the acquisition of Fruta del Norte Gold project and related financings and conversions into common shares during December 2014, as at December 31, 2014, the number [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 19, 2014) - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG) announced on December 12, 2014 that the Company received conditional approval for listing on Nasdaq Stockholm (the "Main Market"). All the conditions have now been met, and the shares are expected to commence trading on the Main Market on December 22, 2014. The shares will trade under the trading symbol [...]
Lundin Gold is pleased to announce the closing of the acquisition of a 100% interest in the Fruta del Norte gold project in Ecuador from Kinross Gold Corporation. Total consideration paid at closing was US$240 million comprising US$150 million in cash and 26,156,250 common shares of the Company. The Share Consideration totaled US$90 million based on an issue price of C$4.00 per common share and the noon rate published by [...]
Fortress Minerals is pleased to announce that at the Company's Special Meeting of Shareholders held earlier today all of the resolutions set out in the Company's management information circular dated November 12, 2014 were approved by 100% of the votes cast by the Company's shareholders. The matters approved at the Meeting include: the acquisition of the Fruta del Norte Project pursuant to the Share Purchase Agreement [...]
Fortress is pleased to announce the closing of the private placement of subscription receipts comprising the brokered portion of the financing previously announced on October 21, 2014 and November 6, 2014. The Offering raised C$200 million, including C$10 million raised through the exercise of the Agents' option, to fund the acquisition of the Fruta del Norte gold project from Kinross Gold Corporation and its development.
Fortress is pleased to announce that the marketing for the financing of the acquisition of the Fruta del Norte gold project in Ecuador as previously announced on October 21, 2014 has been completed. It is anticipated that a total of approximately C$230 million will be raised through a brokered private placement of Subscription Receipts and a non-brokered private placement of non-interest bearing convertible loan notes.
Fortress is pleased to announce that it has entered into a definitive share purchase agreement to purchase a 100% interest in the Fruta del Norte Gold Project located in Ecuador from Kinross Gold Corporation for total consideration of US$240 million. Subject to shareholder approval, upon closing of the Acquisition, Fortress will change its name to Lundin Gold Inc.. Lundin Gold will be the principal gold vehicle of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2014) - Fortress Minerals Corp. ("Fortress" or the "Company") (TSX VENTURE:FST.H) reports that it has granted an aggregate of 592,000 incentive stock options to certain officers, directors, and other eligible persons of the Company. The options are exercisable, subject to vesting provisions, over a period of five years at a price of $3.75 per share. On behalf of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 3, 2013) - Fortress Minerals Corp. (TSX VENTURE:FST.H) ("Fortress" or the "Company") announces the appointment of Mr. Chester See as Chief Financial Officer of the Company, effective as of September 1, 2013. Mr. See replaces Mr. Glenn Kondo, who will continue his full-time role as CFO of Lucara Diamond Corp. The Board of Directors would like to thank Mr. Kondo for his [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/06/13 -- Fortress Minerals Corp. (TSX VENTURE: FST.H) ("Fortress" or the "Company") announces it will hold its annual and special meeting (the "Meeting") of shareholders at 10:00 am on Wednesday, June 26, 2013 at Suite 2000, 885 West Georgia Street, Vancouver, British Columbia. The Company has fixed Tuesday, May 21, 2013 as the record date for determining shareholders [...]
S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The TSX Venture Exchange has announced that, after the close of trading on Tuesday, October 16, Fortress Minerals will transfer to NEX to trade under the new ticker symbol FST.H. At the same time the company will be removed from the S&P/TSX Venture Composite Index.
Fortress Minerals reports that the Company will commence trading on the NEX effective as of the market opening on October 17 under the symbol FST.H. The Company had previously announced on April 26, 2012 that it had received notice from the TSX Venture Exchange that the Company had a Tier 2 Continued Listing Requirements Deficiency in relation to its assets and operations for a company classified as a Mining Issuer and [...]