ScoZinc Mining Ltd. is pleased to announce the results of its Pre-Feasibility Study, including its first NI 43-101 Mineral Reserve Estimate for its wholly-owned and fully-permitted Scotia Mine. The PFS was prepared in collaboration with the independent engineering firms of Ausenco Engineering Canada, MineTech International Limited, SRK Consulting and Terrane Geoscience Inc. Highlights of the PFS are tabled below, with [...]
ScoZinc Mining Ltd. announces that on Monday, 15th June 2020, the Company filed its 2019 Audited Annual Financial Statements and associated Management's Discussion and Analysis. The President and CEO, Mr. Mark Haywood, stated: "Management is pleased to report that our audit team successfully completed the annual audit requirements on schedule with the Board of Directors' approval of the 2019 Annual Financial Statements [...]
ScoZinc Mining Ltd. is pleased to provide a corporate update on certain noteworthy cost saving measures and the timeline for its upcoming financial reporting under the ongoing COVID-19 Pandemic conditions. The President and CEO, Mr. Mark Haywood, stated: "Now that we have successfully completed our 130% oversubscribed equity financing, I am pleased to announce that to further strengthen the Company's financial position [...]
ScoZinc Mining Ltd. is pleased to announce it has closed its third and final tranche of its non-brokered private placement. The President and CEO, Mr. Mark Haywood, stated: "Due to overwhelming demand for our equity financing, we closed our private placement today, which was effectively sold out by 130%. We are now fully financed to conclude our previously announced Pre-Feasibility Study and to commence sourcing the [...]
ScoZinc Mining Ltd. is pleased to announce it has increased its non-brokered private placement. The President and CEO, Mr. Mark Haywood, stated: "Following the oversubscribed private placement of last week, a number of investors were unable to participate in our offering due to the upper limits the Company had originally set on the equity financing. Despite the negative impact of the ongoing COVID-19 Pandemic, the [...]
ScoZinc Mining Ltd. is pleased to announce the closing of its second and oversubscribed tranche of a previously announced non-brokered private placement. The President and CEO, Mr. Mark Haywood, stated: "The Company is overwhelmed with the additional investor support from insiders and new strategic investors. Despite world disruptions due to the COVID-19 Pandemic, our private placement equity raise is oversubscribed by [...]
ScoZinc Mining Ltd. is pleased to announce the closing of the first tranche of a previously announced non-brokered private placement. The President and CEO, Mr. Mark Haywood, stated: "ScoZinc is especially pleased with the support we have received from investors in this private placement over extremely challenging market conditions and a period of unprecedented world disruption. The capital raised enables the diligent [...]
ScoZinc Mining Ltd. announces that as a result of the COVID-19 Pandemic, the Ontario Securities Commission has provided relief in respect of certain securities filing requirements, and that ScoZinc will postpone its 2019 Annual Financial Statements and associated Management's Discussion and Analysis . The President and CEO, Mr. Mark Haywood, stated: "In response to personnel safety concerns and logistical challenges [...]
ScoZinc Mining Ltd. is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$500,000. The President and CEO, Mr. Mark Haywood, stated: "We are very pleased to provide an opportunity for qualified investors to participate in our scheduled private placement designed to complete additional de-risking work necessary for our NI 43-101 Pre-Feasibility Study." "Since our private placement [...]
ScoZinc Mining Ltd. is pleased to report that Ausenco Engineering Canada Inc. have completed their mill optimization study at our Scotia Mine that supports the possibility of a low-cost and low-risk return to full scale production. The President and CEO, Mr. Mark Haywood, stated, "Ausenco's detailed review of our processing operations over the last few months has confirmed our strategy that a low mill refurbishment cost [...]
ScoZinc Mining Ltd. is pleased to announce a new Mineral Resource Estimate for its 100% owned Scotia Mine located near Halifax in the Province of Nova Scotia. The MRE was prepared by SRK Consulting , Inc. . The President and CEO, Mr. Mark Haywood, stated “ScoZinc is exceptionally pleased with the results of the new mineral resource estimate by SRK. This independent estimation almost doubles our Scotia Mine’s [...]
ScoZinc Mining Ltd. is pleased to update its shareholders on a range of matters including a progress update on certain initiatives. The President and CEO, Mr. Mark Haywood, stated, “Our AGM was recently completed with resounding approval on all items by our Shareholders. In addition to the regular business matters, on behalf of the Chairman, we also welcomed, as an Independent Director, Mark Billings to our Board [...]
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