Virgin Metals is pleased to announce that it has closed a non-brokered private placement of $1,095,000 by way of an 8% secured convertible debenture. The private placement is subject to the final approval of the TSX Venture Exchange. Each Debenture carries a yield of 8% per annum, with interest calculated and payable quarterly in arrears on that [...]
TORONTO, ONTARIO -- (Marketwire) -- 12/20/11 -- Virgin Metals Inc. (TSX VENTURE: VGM), following the recent successful acquisition of Potreritos, announced today their updated plan and development schedule for the Company's contiguous and consolidated Los Verdes project.
TORONTO, ONTARIO -- (Marketwire) -- 11/17/11 -- Virgin Metals Inc. (TSX VENTURE: VGM) today announced that it has ratified and approved a shareholder rights plan (the 'Rights Plan'). The Rights Plan is effective immediately and was approved by an 89% majority of holders of common shares ('Shareholders') of Virgin Metals who voted at the Company's
TORONTO, ONTARIO -- (Marketwire) -- 10/27/11 -- Virgin Metals Inc. (TSX VENTURE: VGM) today released their outline of the historic resources estimate at their 100% owned Potreritos project concessions in Sonora Mexico (see press release September 28, 2011). The Potreritos project neighbors the company's Los Verdes copper/molybdenum reserves and
TORONTO, ONTARIO -- (Marketwire) -- 10/12/11 -- Virgin Metals Inc. (TSX VENTURE: VGM) today released details regarding initial assessment efforts at their Alamos Gold project located in Sonora Mexico.
'The historical La Campana mine that operated on the property was one of the higher grade gold operations in Mexico during its lifetime.' said
TORONTO, ONTARIO -- (Marketwire) -- 10/04/11 -- Virgin Metals Inc. (TSX VENTURE: VGM) announces that its Board of Directors has approved the adoption of a shareholder rights plan (Rights Plan), effective immediately, subject to acceptance by the TSX Venture Exchange.