Azucar Minerals Ltd. announces that Newcrest Canada Holdings Inc. has confirmed its intention to exercise its top-up rights pursuant to the Investor Rights Agreement with Azucar. The Agreement was executed on May 18, 2018, when Newcrest completed its acquisition of 19.9% of Azucar common shares for $19,074,425, and provides, among other things, a standstill and lock-up on customary terms and conditions, participation and [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Norte Zone and at the very north end of the Villa Rica target which is located south of the Norte Zone. Results received to date from the ongoing drilling program include the following highlights: Exploration Targets Drill Plan [...]
Azucar Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees and consultants of the Company to purchase an aggregate 3,959,200 common shares in the capital of the Company at an exercise price of $0.60 per share which expire on April 28, 2021. About Azucar Azucar is an exploration company with a mandate to thoroughly explore the El Cobre project in [...]
VANCOUVER, British Columbia, June 13, 2018 -- Azucar Minerals Ltd. is pleased to announce that drilling has commenced at its El Cobre porphyry copper-gold project in Veracruz State, Mexico. The last few months have been spent preparing for this drill campaign with surface and soil geologic and alteration focused mapping and sampling, core relogging and drill site preparation work. Drilling is currently underway at the [...]
Almadex Minerals is pleased to announce that it has closed the previously announced statutory plan of arrangement under Section 288 of the Business Corporations Act to spin-out Old Almadex’s early stage exploration projects, royalty interests, and certain other assets into Almadex Minerals effective at 12:01 a.m. on May 18, 2018 . At the Effective Time, Old Almadex changed its name from Almadex Minerals Ltd. to [...]
Almadex Minerals is pleased to announce that shareholders at its Special Meeting of shareholders held today in Vancouver have voted 99.97% in favour of a special resolution approving a statutory plan of arrangement under Section 288 of the Business Corporations Act to spin-out Almadex’s early stage exploration projects, royalty interests, and certain other assets into 1154229 B.C. Ltd. as described in [...]
Almadex Minerals announces that, further to its news release dated February 26, 2018, the Company has mailed and filed its Notice of Special Meeting of Shareholders and the related Management Information Circular which describes, amongst other things, the proposed spin-out of Almadex’s early stage exploration projects, royalty interests and certain other assets, into a new public company . The Circular and other [...]
VANCOUVER, B.C. , March 27, 2018 -- Almadex Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 4,000,000 units at $1.40 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant . Each Warrant allows the holder to purchase one common share of the Company at a price of [...]
British Columbia, March 01, 2018 -- Almadex Minerals Ltd. is pleased to announce a proposed non-brokered private placement financing of up to 4,000,000 units to raise approximately $5,600,000 at a price of $1.40 per Unit. Each Unit will consist of one common share of the Company and one-half of one whole non-transferable common share purchase warrant, each whole share purchase warrant entitling the holder thereof to [...]
Almadex Minerals is pleased to announce that its Board of Directors has unanimously approved a strategic reorganization of its business. Almadex's early stage exploration projects, royalty interests and certain other non-core assets will be transferred to a newly incorporated company. Almadex shareholders will receive shares in Spinco in proportion to their shareholdings in Almadex . Spinco will hold the following key [...]
Almadex Minerals is pleased to announce it has received the final assay results from the final 2017 drill holes EC-17-043 and 044. The Raya Tembrillo area is the very northern part of the large Villa Rica Zone of the El Cobre property and is located approximately two kilometers south of the Norte Zone where most of the previous drilling since 2016 on the El Cobre property has been carried out. The Porvenir Zone is located [...]
Almadex Minerals Ltd. is pleased to announce it has received assay results from holes EC-17-036 and 041 from the Raya Tembrillo area which is the very northern part of the large Villa Rica Zone of the El Cobre property. This area is located approximately two kilometers south of the Norte Zone where since 2016 most of our drilling on the El Cobre property has been focussed. The holes reported today were drilled from the [...]
+3300,00 %
-86,67 %
