MONTREAL, QUEBEC--(Marketwired - Dec 11, 2015) - MDN Inc. (TSX:MDN) (the "Company") wishes to inform its shareholders of the latest developments on its current activities and on corporate changes, mainly related to reductions in operating expenses. The TSX Venture index is now at its lowest level for over ten years and the Company has to make adjustments to cope with this great period of hollow. Change of Auditor In order [...]
MONTREAL, QUEBEC--(Marketwired - Oct. 22, 2015) - Editors' Note: There are three maps associated with this press release. MDN Inc. (TSX:MDN) (the "Company") is pleased to announce that its exploration team has discovered a new carbonatite occurrence hosting high grade niobium oxide (Nb2O5) values in grab and channel samples, on the Prairie Lake Property in the Marathon area, Ontario, Canada. The discovery is located in [...]
MONTREAL, QUEBEC--(Marketwired - Sep 8, 2015) - MDN Inc. (TSX:MDN) (the "Company") is pleased to announce that it has signed a Heads of Agreement ("HOA") with Sichuan Xinye Investment Corporation of Mining and Exploration ("XINYE") to enter into a joint venture whereby XINYE would be transferred, in escrow, 50% of interests in the Company's Ikungu and Ikungu East properties in Tanzania (the "Properties") and would have [...]
MONTREAL, QUEBEC--(Marketwired - June 25, 2015) - MDN Inc. (TSX:MDN) (the "Company") is pleased to announce the results of a preliminary sampling of the known niobium showings, with grab samples grading up to 1.58% of niobium pentoxide (Nb2O5), and the discovery of new carbonatites occurrences on the Prairie lake Properties, near Marathon, Ontario. The company received the final assay results of a grab sampling program [...]
MONTREAL, QUEBEC--(Marketwired - May 27, 2015) - MDN Inc. (TSX:MDN) (the "Company") is pleased to announce the results of its annual shareholders' meeting held on May 27, 2015. Directors elected The following persons have been appointed as directors of MDN until the next annual shareholders' meeting or until their successors are elected or appointed. The people proposed by the management were elected by majority by a show [...]
MONTREAL, QUEBEC--(Marketwired - May 27, 2015) - MDN Inc. (TSX:MDN) (the "Company") is pleased to announce the start of the prospecting work on the Prairie Lake property. The first phase will start in June and will include detailed mapping and the trenching of sites of interest with systematic sampling. Several of them have already been identified during a recent visit on the property. Will follow a second phase of [...]
MONTREAL, QUEBEC--(Marketwired - May 14, 2015) - MDN Inc. (TSX:MDN) (the "Company") releases the results on the recently completed exploration program on Samaqua. The property is located about 40 km north of the Girardville village in the Lake Saint-Jean region in the province of Quebec. The objective of the campaign on Samaqua was the discovery of a carbonatite, which was suspected owing to the magnetic signature [...]
MONTREAL, QUEBEC--(Marketwired - April 24, 2015) - MDN Inc. (TSX:MDN) (the "Company") is pleased to announced that Rudy Wahl, one of the owner of the recently optioned property Prairie Lake, received the Bernie Schnieders Discovery of the Year award for Prairie Lake, by the Northwestern Ontario Prospectors Association ("NWOPA"). The award recognizes an exceptional discovery in Northwestern Ontario during the previous [...]
MDN is pleased to announce that it has received the amount of 784,893,170 Tanzanian shilling, or approximately 545,000 Canadian dollars, following the settlement of a dispute with the Tanzanian Revenue Authority. Since the summer of 2013, the TRA was retaining an amount in sales tax receivable of the Company. The Company had immediately notified the TRA National Commissioner of his opposition since it has always paid its [...]
MDN is pleased to announce that it has entered into two option agreements dated February 13 for the acquisition of 100% interest in two properties located in the Thunder Bay Mining Division, 45 kilometers north-west of Marathon known as the Prairie Lake Property and Prairie Lake South Property. (i) The Company has the option to acquire an interest of 100% on the Prairie Lake Property by paying an aggregate of C$ 190,000 [...]
MDN wishes to make an update on the exploration activities on its wholly-owned Samaqua property. As planned and mentioned in the December 15th company press release, the drilling works has commenced on Samaqua. A minimum of eight holes will be drilled for a total of 1,500m on the previously identified targets. The targets were selected following the results of the high definition airborne magnetic survey and the [...]
MDN wishes to make an update on the exploration activities on its wholly-owned Samaqua property. As mentioned in the October 15th company press release, the high definition magnetic survey analysis revealed the presence of several targets of interest. The Company also completed an induced-polarization ground geophysical survey in November which allowed to target new structures and to define the previously identified [...]