Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) reports that, in association with a recent executive appointment, the Company granted a total of 200,000 share purchase options, each of which entitles the holder to purchase one common share in the capital of the Company at a price of $0.80 per common share expiring five years from the date of [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) reports the appointment of Rory Kutluoglu as the Company’s new Vice President of Exploration and Qualified Person (“QP”) for National Instrument 43-101 purposes. Mr. Kutluoglu, who was Exploration Manager with Kaminak Gold prior to its take over by Goldcorp Inc., will take on these [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to report that it has repaid all principal and interest owing to Sprott Private Resource Lending (M), L.P., Resource Income Partners Limited Partnership and The K2 Principal Fund L.P. (see Company news releases dated June 13, 2016 and July 4, 2016) (collectively, the “Lenders”) in [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) has granted a total of 1,000,000 share purchase options to directors and members of the Company's executive and technical team. Each share purchase option entitles the holder to purchase one common share in the capital of the Company at a price of $0.75 per common share expiring five years from the [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) has completed its non-brokered private placement originally announced on July 5, 2016 (the “Offering”). The Company raised gross proceeds of $7,195,591.38 through the sale of 9,115,861 common shares of the Company at a price of $0.62 per share (“Common [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) was granted favorable decisions on both matters considered in joint hearings before the British Columbia Securities Commission (the “BCSC”) and the Ontario Securities Commission (the “OSC” and together with the BCSC, the “Commissions&rdquo [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) acknowledges that on July 8, 2016 Hecla Mining Company (together with its affiliates, “Hecla”) filed a formal takeover bid circular to purchase all of the outstanding shares of Dolly Varden (the “Hecla Offer”). Hecla announced its intent to make this [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce that it intends to undertake a private placement financing (the “Offering”) to raise gross proceeds of up to $6 million from the sale of up to: (a) 7,258,064 common shares in the capital of the Company (“Common Share”) at a price of $0.62 per share; and (b) up to 2,142,857 [...]
Dolly Varden Silveris pleased to report that, as announced on June 13, 2016, the Company has repaid the senior secured loan from Hecla Canada and Robert L. Gipson with proceeds from a short-term loan from Sprott Private Resource Lending (M), an additional Sprott affiliate and The K2 Principal Fund L.P. The Sprott-K2 loan provided $2,500,000 in funds to Dolly Varden. A total of $2,069,097.06
Dolly Varden Silver responds further to the announcement by Hecla Mining Company that Hecla intends to make an unsolicited takeover bid for all of the issued and outstanding shares of Dolly Varden that Hecla does not own. To date Hecla has not made any formal offer to Dolly Vardens shareholders. The Board of Directors of the Company has appointed a special committee comprised solely of independent directors
Dolly Varden Silver acknowledges the announcement made on June 27, 2016 by Hecla Mining that Hecla will make an unsolicited takeover bid for all of the issued and outstanding shares of Dolly Varden that Hecla does not own. Dolly Varden has not received any formal bid for consideration from Hecla and advises that Dolly Varden’s shareholders take no action at this time. As announced on June 13, 2016, Dolly Varden ...
Hecla Mining today announced that it will make a takeover bid for all of the outstanding shares of Dolly Varden Silver Corporation not owned by Hecla and its affiliates for C$0.69 cash per share. The bid will be subject to a minimum tender condition that more than 50% of the shares are tendered, excluding shares owned by Hecla and its affiliates. This offer reflects a premium of approximately 55% based on Dolly Varden’s [...]
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