South American Silver is pleased to announce that it will be changing its name to TriMetals Mining Inc. The Company believes that the new name, TriMetals Mining Inc., more accurately reflects the Company's expanded focus in terms of both metals and jurisdictions, particularly following the expropriation of its Malku Khota silver-indium project in Bolivia in 2012 and the acquisition of High Desert Gold and its Gold Spring [...]
South American Silver is pleased to announce the completion of an updated resource estimate for the Jumbo Zone and the Grey Eagle Zone at the Gold Springs gold-silver project that straddles the Nevada-Utah border. The updated 2014 resource which includes, measured, indicated and inferred resource categories was estimated for the Jumbo Zone in Utah and the Grey Eagle Zone in Nevada, both of which are open to expansion [...]
South American Silver is pleased to announce that a Chairperson has been appointed by the Secretary-General of the Permanent Court of Arbitration to the three-person Arbitration Tribunal in the international arbitration case that the Company's wholly-owned Bermudan subsidiary, South American Silver Limited, initiated last year against the Bolivian Government for the expropriation of the Malku Khota silver-indium project [...]
South American and High Desert Gold are pleased to announce the completion of their previously announced statutory plan of arrangement under the Business Corporations Act. Under the Arrangement, SASC shareholders received one new SASC Common Share and one SASC Class B Share for each SASC common share previously held. The new SASC Common Shares carry voting, dividend and liquidation rights similar to SASC's former common [...]
South American Silver and High Desert Gold are pleased to announce that the Supreme Court of British Columbia issued a final order on December 19, 2013 approving the previously announced statutory plan of arrangement under the Business Corporations Act. Assuming all other conditions to completion of the Arrangement are satisfied or waived, it is expected that the Arrangement will become effective following the closing of [...]
High Desert Gold is pleased to announce that its shareholders today approved the previously announced continuance of HDGC under the Business Corporations Act and the plan of arrangement pursuant to which South American Silver will acquire all of the issued and outstanding shares of HDGC that it does not already own in an all-share transaction. The resolutions approving the continuance and the arrangement were each [...]
South American Silver is pleased to announce that its shareholders today approved the previously announced continuance of SASC under the Business Corporations Act and the plan of arrangement pursuant to which SASC will exchange each of its SASC common shares for one SASC Class A Share and one SASC Class B Non-Voting Share and acquire all of the issued and outstanding shares of High Desert Gold Corporation that it does not [...]
At the request of IIROC, on behalf of the Toronto Stock Exchange, South American Silver advises shareholders today that there are no corporate developments to report. As reported by SASC on December 2, 2013, Ralph Fitch has been re-appointed to the position of President and CEO. Mr. Fitch, who was Executive Chairman, is the founder of the Company. He takes over the role from Phillip Brodie-Hall who has served as Interim [...]
South American Silver announces that Ralph Fitch has been re-appointed to the position of President and CEO. Mr. Fitch, who is currently Executive Chairman, is the founder of the Company. He takes over the role from Phillip Brodie-Hall who has served as Interim President and CEO since August 2012. Mr. Brodie-Hall had previously served as Chief Operating Officer of the Company, having been appointed to that position in [...]
South American Silver reports the release of its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2013 and the related management's discussion and analysis of financial position and results of operations. All amounts in this news release are expressed in U.S. dollars, unless otherwise indicated. As at September 30, 2013, the Company had a working capital of [...]
South American Silver is pleased to announce that it has entered into an arrangement agreement pursuant to which South American Silver will acquire all of the issued and outstanding shares of High Desert Gold that it does not already own in an all-share transaction by way of a plan of arrangement. HDGC shareholders will receive 0.275 of a SASC Class A Share for each HDGC share they hold. SASC currently owns 16,077,000 [...]
South American Silver is pleased to announce the appointment of Mr. Paul Sheehan as a Director of the Company. Mr. Sheehan brings a background focused on international finance and was the CEO and a founder of Thaddeus Capital Limited, a Hong Kong-based hedge fund. He was also previously associated with ING Bank NV in Hong Kong and with Lehman Brothers Asia where he was a Vice President and co-head of Asian bank research [...]
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