QUEBEC CITY, QUEBEC--(Marketwired - Feb 11, 2014) - Virginia Mines Inc. ("Virginia") (TSX:VGQ) wishes to inform its shareholders that in the context of the recent announcement by Finances et Économie Québec of changes to various measures of a fiscal nature affecting the refundable tax credit for resources and the Québec flow-through share regime, Virginia and Laurentian Bank Securities Inc. ("LBS"), which is acting as agent for the offering, mutually agreed to review certain terms and conditions of the private placement announced on January 28, 2014. The offering now consists in the issuance of 353,334 flow-through common shares (the "Flow-Through Shares") at a price of $19.5... [...]
QUEBEC CITY, QUEBEC--(Marketwired - Feb 3, 2014) - Virginia Mines Inc. ("Virginia") (TSX:VGQ) is very pleased to announce the conclusion of an agreement with three Quebec institutional funds including SODÉMEX Développement, Limited Partnership ("SODEMEX") (a subsidiary of the Caisse de dépôt et placement du Québec), the Fonds de solidarité des travailleurs du Québec (F.T.Q.) jointly with the Fonds regional Nord-du-Québec (the "Fonds") and SIDEX Limited Partnership ("SIDEX"), to finance a $28M accelerated exploration program on the Coulon project. Virginia first transferred all interests it held in the Coulon project in favour of a ne... [...]
Virginia announces that it has negotiated a private placement that consists of 333,334 flow-through common shares at a price of $21.00 per share, which represents a 70% premium to the 20-day volume weighted average trading price of the common shares of Virginia on the Toronto Stock Exchange for the period ended January 23, 2014, for gross proceeds [...]
QUEBEC CITY, QUEBEC--(Marketwired - Jan 23, 2014) - Virginia Mines Inc. ("Virginia") (TSX:VGQ) is pleased to provide an update on the latest developments of the Éléonore gold project. As announced in Goldcorp Inc.'s ("Goldcorp") January 8, 2014 press release, construction continues on schedule with first gold production on track for the fourth quarter of 2014. Gold production is expected to be between 40,000 and 60,000 ounces in 2014. The overall surface construction has now reached 69%. The beginning of operations at Éléonore will be a very important milestone in Virginia's history. It is to be noted that Virginia owns a 2.2% royalty on the first 3 million ounces of gold produced at the Éléonore mine. This royalty will incr... [...]
QUEBEC CITY, QUEBEC--(Marketwired - Jan 15, 2014) - Virginia Mines Inc. ("Virginia") (TSX:VGQ) announces that on this January 15, 2014, it granted a total of 165,250 stock options to its directors, officers, employees and some service providers. Each stock option allows the holder thereof to acquire one common share of the Corporation for a price [...]
QUEBEC CITY, QUEBEC--(Marketwired - Dec 23, 2013) - Virginia Mines Inc. ("Virginia") (TSX:VGQ) announces that it has subscribed by way of private placement for 555,556 units of TerraX at a price of $0.45 per unit for gross proceeds of $250,002. Each unit consists of one (1) common share of TerraX and one half of one (1/2) share purchase warrant [...]
QUEBEC CITY, QUEBEC--(Marketwired - Nov 5, 2013) - Virginia Mines Inc. ("Virginia") (TSX:VGQ) is pleased to give an update on the results of the exploration campaigns carried out in the summer and fall of 2013 on its projects located in the James Bay region. ANATACAU- WABAMISK Virginia conducted surface exploration that included prospecting [...]
QUEBEC CITY, QUEBEC--(Marketwired - Jul 9, 2013) - Virginia Mines Inc. ("Virginia") (TSX:VGQ) is pleased to announce the signing of a strategic alliance with Altius Minerals Corp. (TSX:ALS) ("Altius") whereby Virginia and Altius will cooperate to explore geological settings favourable for different types of mineralization in the Labrador Trough [...]
QUEBEC CITY, QUEBEC -- (Marketwired) -- 06/06/13 -- Mines Virginia Inc. ("Virginia") (TSX: VGQ) wishes to inform its shareholders and the financing community that several exploration programs are currently in progress or will begin shortly on different projects all located in Quebec.
Including work of $5.5 million already completed in the winter [...]
QUEBEC CITY, QUEBEC -- (Marketwired) -- 05/09/13 -- Virginia Mines Inc. ("Virginia") (TSX: VGQ) is pleased to announce that it has entered into an agreement with TerraX Minerals Inc. ("TerraX") pursuant to which it has the option to purchase, in consideration for an amount of $2,000,000, a 2% net smelter return (NSR) royalty on the Northbelt [...]
QUEBEC CITY, QUEBEC -- (Marketwired) -- 05/08/13 -- Virginia Mines Inc. ("Virginia") (TSX: VGQ) is pleased to update you on the results from the drilling campaigns carried out in the winter of 2013 on its Wabamisk and Lac Pau gold projects, both located in James Bay.
WABAMISK
Virginia conducted, during winter 2013, a drilling campaign on its [...]
QUEBEC CITY, QUEBEC -- (Marketwired) -- 04/29/13 -- This document corrects and replaces the press release that was sent today at 8:00 AM EDT. The change is in the fourth paragraph where it should have read "Lens 257 seems to be a weakly mineralized ore body dipping shallowly to the northwest and plunging to the north-northeast." The complete [...]
