TORONTO, ONTARIO -- (Marketwire) -- 01/11/11 -- All dollar amounts in this release are expressed in Canadian Dollars
Ivernia Inc. (TSX: IVW) ('Ivernia' or the 'Company') today announced that it has entered into an agreement with Sentient Executive GP III, Limited ('Sentient') pursuant to which Sentient has agreed to purchase 52.9 million Ivernia common shares ('Common Shares') at a price of $0.34 per Common Share (the 'Offering') for gross proceeds of approximately $18 million. The terms of the Offering provide that Sentient will also be paid a commitment fee of $899,300, equating to $0.017 per Common Share, to be deducted from the gross proceeds of the Offering. The Offering will be completed by way of a non-brokered private placement and subject to required Toronto Stock Exchange approvals.
TORONTO, ONTARIO -- (Marketwire) -- 01/10/11 -- Ivernia Inc. ('Ivernia' or the 'Company') (TSX: IVW) confirms that the independent laboratory tests of air sampling for lead conducted within sealed shipping containers that transport lead carbonate concentrate from the Magellan Mine have not exceeded the baseline of 20 micrograms (0.02 milligrams
TORONTO, ONTARIO -- (Marketwire) -- 01/05/11 -- Ivernia Inc. ('Ivernia' or the 'Company') (TSX: IVW) is providing a further update on recent events in regard to the temporary cessation of transport operations by its wholly-owned subsidiary Magellan Metals Pty Ltd ('Magellan Metals') at the Magellan Mine, located near Wiluna in Western Australia
TORONTO, ONTARIO -- (Marketwire) -- 01/03/11 -- Ivernia Inc. ('Ivernia' or the 'Company') (TSX: IVW) is providing a further update on recent events in regard to the temporary cessation of transport operations by its wholly-owned subsidiary Magellan Metals Pty Ltd ('Magellan Metals') at the Magellan Mine, located near Wiluna in Western Australia
TORONTO, ONTARIO -- (Marketwire) -- 12/31/10 -- Ivernia Inc. ('Ivernia' or the 'Company') (TSX: IVW) reports that the Company has received a Stop Order (the 'Order') from the Minister for Environment of the Government of Western Australia relating to the transport of lead concentrate from the Magellan Mine. The Order came after monitoring
TORONTO, ONTARIO -- (Marketwire) -- 12/15/10 -- Ivernia Inc. ('Ivernia' or the 'Company')(TSX: IVW) is pleased to announce the appointment of D'Arcy Doherty as Vice President, Legal and General Counsel of Ivernia, effective January 4, 2011. Mr. Doherty will be responsible for Ivernia's legal affairs and corporate administration and will provide
TORONTO, ONTARIO -- (Marketwire) -- 12/10/10 -- Ivernia Inc. ('Ivernia' or the 'Company') (TSX: IVW) is pleased to announce that the four holders of its US$37.4 Million ('M') in outstanding senior secured convertible notes (the 'Notes') have exercised their option under the terms of the Notes and fully converted the Notes in exchange for an
TORONTO, ONTARIO -- (Marketwire) -- 11/22/10 -- Ivernia Inc. ('Ivernia' or 'the Company') (TSX: IVW) is pleased to announce the appointment of Fiona Childe, Ph.D., P.Geo. as Vice President, Investor Relations and Communications of Ivernia, effective immediately.
TORONTO, ONTARIO -- (Marketwire) -- 11/11/10 -- Ivernia Inc. ('Ivernia' or 'the Company') (TSX: IVW) is pleased to announce that Mr. Leigh Hall has joined its Board of Directors as a non-executive board member effective as of November 9, 2010.
Mr. Hall, a resident of Sydney, Australia, is an experienced business leader having held a number of
TORONTO, ONTARIO -- (Marketwire) -- 11/08/10 -- All Dollar Amounts are in U.S. Dollars Unless Otherwise Indicated
Ivernia Inc. (TSX: IVW) today reported revenue of $37.3 million for the third quarter of 2010, compared to $0.2 million for the same period last year. Revenue for the first six months of 2010 totaled $62.8 million, compared to $8.3
Ivernia will report results for the third quarter ended September 30, 2010 after the close of market (TSX) on Monday, November 8, 2010. Management will host a conference call to discuss the results at 10:00 a.m. (Eastern Time) on Tuesday, November 9, 2010. The call will be webcast live on the Ivernia website. To participate in the audio conference [...]
Ivernia is pleased to announce that drilling has commenced at Prairie Downs' Base Metals Project near Newman in Western Australia. Ivernia's wholly owned subsidiary, Ivernia Australia Exploration Pty Ltd., is in a joint venture with Prairie Downs Metals Ltd under which Ivernia may acquire up to 80% of the Project.