First Mining Finance announces that, in accordance with the terms of a consent endorsement of the Ontario Superior Court, the meeting of shareholders of Coastal Gold to vote on COD's proposed arrangement with Sulliden Mining Capital is to be adjourned to 10:00 a.m. (Toronto time) Wednesday, May 13. The Meeting was originally scheduled for tomorrow, Wednesday, May 6, 2015. The deadline for the submission of proxies for [...]
First Mining Finance announces that it has delivered a renewed definitive, written proposal to acquire all of the outstanding common shares of Coastal Gold on the basis of 0.15 common shares in the capital of First Mining for each COD common share by way of a plan of arrangement under the Business Corporations Act (Ontario) (the "Increased Proposal"). The Increased Proposal represents an increase of 0.028 First Mining [...]
Further to its previous news release announcing the rejection of the offer by First Mining Finance to acquire all of the common shares of Coastal Gold Corp. First Mining is urging all independent shareholders of COD to vote against the proposed offer by Sulliden Mining Capital Inc. to acquire all of the shares of COD under a plan of arrangement. Under the First Mining Proposal, each common share of COD would be exchanged [...]
First Mining Finance announces that the Special Committee of the Board of Directors of Coastal Gold has informed First Mining of its determination that First Mining's proposal to acquire all of the common shares of COD as announced by First Mining yesterday does not constitute a "Superior Proposal" as defined in the arrangement agreement made as of March 1, 2015, between COD and Sulliden Mining Capital in comparison to a [...]
First Mining Finance announces that it has delivered a definitive, written proposal to acquire all of the outstanding common shares of Coastal Gold on the basis of 0.122 common shares in the capital of First Mining for each COD common share by way of a plan of arrangement under the Business Corporations Act (Ontario). First Mining believes that the Proposal constitutes a "Superior Proposal" as defined in the arrangement [...]
First Mining Finance announces that, in connection, with its recently completed Qualifying Transaction, it has appointed BDO Canada LLP to act as its auditor, replacing Crowe MacKay LLP. In addition, the Company has engaged Future Money Trends to provide certain financial publishing and digital marketing services. In exchange for providing these services, FMT will receive an initial fee of US$30,000 and a monthly fee of [...]
First Majestic Silver announces that it has acquired 14,509,279 common shares of First Mining Finance, representing 19.7% of the outstanding common shares of First Mining. The common shares were acquired by First Majestic in its capacity as a shareholder of KCP Minerals, a private company, in accordance with a Plan of Arrangement under the Business Corporations Act (British Columbia) pursuant to which all of the [...]
First Mining Finance is pleased to announce that it has now completed the acquisition of all of the issued and outstanding shares of Sundance Minerals constituting its qualifying transaction under the applicable policies of the TSX Venture Exchange. The Acquisition was completed by way of an arrangement agreement whereby the Company acquired all of the issued and outstanding shares of Sundance in exchange for an aggregate [...]
Albion Petroleum is pleased to provide an update on its previously announced Qualifying Transaction. On July 1, 2014, Albion entered into an arrangement agreement with Sundance Minerals, a private exploration company currently focusing on precious and base metal projects in Mexico and the United States. Pursuant to the Arrangement Agreement, Albion agreed to acquire all of the issued and outstanding common shares and [...]
Albion Petroleum announced today that the Board of Directors of Albion has approved the adoption of an advance notice by-law, which requires advance notice to Albion in circumstances where nominations of persons for election to the Board are made by shareholders other than pursuant to a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (Alberta) ("ABCA") or a shareholder proposal [...]
Further to a press release date June 16, Albion Petroleum announces that it has entered into an arrangement agreement dated July 1, with Sundance Minerals Ltd. Immediately prior to the execution of the Arrangement Agreement, Sundance: (i) purchased all of the issued and outstanding securities of Minera Terra Plata, S.A. de C.V., an indirect wholly owned subsidiary of First Majestic Silver and 0924682 B.C. Ltd.; and (ii [...]
Albion Petroleum announces that it has entered into a letter of intent dated May 15, 2014, as amended, with Sundance Minerals, First Majestic Silver and 0924682 B.C. Ltd. pursuant to which: (i) Sundance will acquire all of the issued and outstanding securities of NumberCo and all of the issued and outstanding securities of Minera Terra Plata, S.A. de C.V., an indirect wholly owned subsidiary of First Majestic; and (ii [...]