ScoZinc Mining Ltd. is pleased to announce the results of its updated Pre-Feasibility Study including its new Gypsum NI 43-101 Mineral Reserve Estimate for its wholly-owned and permitted Scotia Mine , located in Nova Scotia, Canada. The 2021 PFS was prepared in collaboration with the independent engineering firm MineTech International Limited, adopting the 2020 Pre-Feasibility Study completed by Ausenco Engineering Canada [...]
ScoZinc Mining is pleased to announce that it has established a non-binding gypsum offtake agreement with a Nova Scotian end buyer for the life of mine supply of Gypsum from its wholly-owned and permitted Scotia Mine located in NS. ScoZinc's President and CEO, Mr. Mark Haywood, stated: "We are very pleased to secure a third and significant revenue stream opportunity for our Scotia Mine that will be incorporated into our [...]
ScoZinc Mining is pleased to announce that it has closed its recently announced private placement and shares for debt transactions with Fancamp Exploration Ltd. ScoZinc's President and CEO, Mr. Mark Haywood, commented: "We are very pleased to have closed this significant $1,300,000 investment by Fancamp, and to have settled our $250,000 debt to Fancamp at the same time. We welcome Fancamp as a significant shareholder in [...]
ScoZinc Mining Ltd. is pleased to provide the following corporate update. ScoZinc's President and CEO, Mr. Mark Haywood, stated: "Our 2020 Pre-Feasibility Study established the Scotia Mine's robust and long-life potential, which we are now revising with updated project variables and economic assumptions. We are also incorporating the new Gypsum revenue opportunity identified in our 2021 Mineral Resource Estimate . We are [...]
ScoZinc Mining Ltd. announces that the February 12, 2021 Arrangement Agreement between ScoZinc and Fancamp Exploration Ltd. has been terminated, and the parties have entered into a new agreement in which Fancamp will invest in ScoZinc by way of subscription to a $1,300,000 non-brokered private placement as well as convert the Fancamp Loan and Termination Fee to equity in ScoZinc. The President and CEO, Mr. Mark Haywood [...]
ScoZinc Mining Ltd. announces that further to ScoZinc's news release of September 2, 2021, Fancamp Exploration Ltd. and ScoZinc have agreed to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 15, 2021. About ScoZinc Mining Ltd. ScoZinc is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related [...]
ScoZinc Mining Ltd. announces that further to ScoZinc's news release of August 3, 2021, Fancamp Exploration Ltd. and ScoZinc have agreed to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 9, 2021. About ScoZinc Mining Ltd. ScoZinc is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities [...]
ScoZinc Mining Ltd. announces that further to ScoZinc's news release of July 14, 2021, Fancamp Exploration Ltd. has paid an additional $125,000 to ScoZinc to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 2, 2021. About ScoZinc Mining Ltd. ScoZinc is a Canadian exploration and mining company that has full ownership of the Scotia Mine and [...]
ScoZinc Mining announces that it has agreed with Fancamp Exploration Ltd. to further extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp dated February 18, 2021. Fancamp has agreed to pay ScoZinc a fee of $125,000 to extend the closing deadline to August 2, 2021. To the extent that the Transaction does not close by August 2, 2021, Fancamp may obtain a [...]
ScoZinc Mining Ltd. announces that Fancamp Exploration Ltd. is unable to meet the extended and agreed closing date of today, July 2, 2021, and that the parties are in discussions concerning the Arrangement Agreement dated February 18, 2021. ScoZinc's President and CEO, Mr. Mark Haywood, stated: "Due to issues with Fancamp holding its AGM on June 29, 2021 and its subsequent indefinite postponement as announced by them on [...]
ScoZinc Mining Ltd. is pleased to announce that pursuant to the Arrangement Agreement of February 18, 2021 between ScoZinc and Fancamp Exploration Ltd. , Fancamp and ScoZinc have executed a loan agreement of up to $250,000 required to implement the business combination which is associated with the delayed closing date. Fancamp and ScoZinc have also agreed to amend the Arrangement Agreement to extend the outside date by [...]
ScoZinc Mining Ltd. is pleased to announce that the British Columbia Supreme Court has granted a final order approving the plan of arrangement between ScoZinc and Fancamp Exploration Ltd. required to implement the business combination. ScoZinc's President and CEO, Mr. Mark Haywood, commented: "Last week, ScoZinc received overwhelming securityholder support at its Extraordinary General Meeting for the business combination [...]