Tiomin Resources Inc.[/wp] and Vaaldiam Resources Ltd. (Vaaldiam Resources) jointly announced today the closing of the previously announced plan of arrangement, pursuant to which Tiomin acquired all of the outstanding common shares of Vaaldiam Resources in consideration of 0.08 Tiomin common shares for each Vaaldiam Resources common share. In [...]
Tiomin Resources Inc.[/wp] reports that for the year ended December 31, 2009, it incurred a loss of $35,369,000 or $0.07 per share compared to a loss of $10,260,000 or $0.02 for the same period in 2008. Tiomin Kenya Limited, which was written off in 2009, accounted for approximately $30,000,000 of the loss and non-recurring costs associated with a legal [...]
Tiomin Resources Inc.[/wp] shareholders today voted to issue approximately 215 million pre-consolidation common shares of Tiomin to acquire Vaaldiam Resources Ltd.. Vaaldiam Resources shareholders will receive 0.8 of a pre-consolidation Tiomin common share for each Vaaldiam Resources share owned. Shareholders of Tiomin also approved a change of name [...]
Tiomin Resources and Vaaldiam Resources jointly announced today that RiskMetrics Group and Glass, Lewis and Co. have each formally recommended that their subscribers vote "FOR" the proposed plan of arrangement agreement for Tiomin to acquire, all of the outstanding common shares of Vaaldiam in an all-share transaction on the basis of 0.80 of a [...]
TORONTO, ONTARIO -- (Marketwire - Feb. 25, 2010) - Tiomin Resources Inc. ('Tiomin' or the 'Company') (TSX: TIO) and Base Iron Limited ('BIL') (ASX: BSE) have signed a binding Heads of Agreement ('HoA') for a transaction in which BIL acquires the ...
TORONTO, ONTARIO -- (Marketwire - Feb. 22, 2010) - Tiomin Resources Inc. ('Tiomin' or the 'Company') (TSX:TIO) has converted its 49% contributing equity interest in the Pukaqaqa copper-gold project in Peru into cash and, if Pukaqaqa enters ...
Investor briefing regarding proposed business combination TORONTO, ONTARIO--(Marketwire - Jan. 26, 2010) - Tiomin Resources Inc. (“Tiomin“) (TSX:TIO) and Vaaldiam Resources Ltd. (“Vaaldiam“) (TSX:VAA) will hold an investor conference call at 10.00 ...
Largest Shareholders of Vaaldiam Agree to Support the Transaction TORONTO, ONTARIO -- (Marketwire - Jan. 18, 2010) - Tiomin Resources Inc. ("Tiomin") (TSX: TIO) and Vaaldiam Resources Ltd. ("Vaaldiam") (TSX: VAA) jointly announced today that they ...