Colossus Minerals would like to provide an update on current activities at Serra Pelada and ongoing corporate activities. Dispute with COOMIGASP Colossus' joint venture partner, Cooperativa de Mineração dos Garimpeiros de Serra Pelada through its court appointed intervenor has launched a legal challenge against Colossus that attempts to dispute the [...]
Colossus Minerals is pleased to announce that it has completed the implementation of the previously announced court-approved proposal and plan of reorganization filed under the Bankruptcy and Insolvency Act (Canada). Colossus has a 75% joint venture interest in the Serra Pelada gold-platinum-palladium mine located in the State of Pará. Effect of [...]
Colossus Minerals is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has approved the Company's Second Amended Proposal and Plan of Reorganization. Court approval clears the way for the Company to implement the terms of the Proposal, subject to the satisfaction or waiver of certain other conditions precedent set [...]
Colossus Minerals is pleased to announce that the resolution approving the Company's amended proposal pursuant to the Bankruptcy and Insolvency Act (Canada) was approved by the requisite majority of creditors at the meeting of creditors held today. Pursuant to the requirements of the BIA and the proposal trustee, Duff & Phelps Canada Restructuring [...]
Colossus Minerals announced today that in connection with its previously announced restructuring proceedings under the Bankruptcy and Insolvency Act (Canada) the Company filed a proposal to its creditors on February 7, 2014. A meeting of creditors to consider the Proposal has been convened for February 25, 2014 at 2:00 pm at the offices of the [...]
DELISTING REVIEW Colossus Minerals Inc. - Further to TSX Bulletin 2014-0042 dated January 14, 2014, TSX has determined to delist the common shares (Symbol: CSI), unsecured gold-linked notes (Symbol: CSI.NT) and common share purchase warrants of the Company (Symbol: CSI.WT.A and CSI.WT.B) (collectively, the "Securities") of the Company at the close [...]
Colossus Minerals announces that Mr. J. Alberto Arias resigned from the board of directors. At this time Mr. John Frostiak remains the sole director of the Company. Additionally, today, the TSX has notified the Company that the TSX has decided to delist the common shares (Symbol:CSI), unsecured gold-linked notes (Symbol: CSI.NT) and common share [...]
DELISTING REVIEW Colossus Minerals Inc. - Further to TSX Bulletin #2014-0016 dated January 8, 2014, the common shares (Symbol: CSI), unsecured gold-linked notes (Symbol: CSI.NT) and common share purchase warrants of the Company (Symbol: CSI.WT.A and CSI.WT.B), which are being reviewed with respect to meeting the requirements for continued listing [...]
Colossus Minerals As indicated previously, the Company was unable to rectify its inability to make the December 31, 2013 interest payment on the Convertible Gold Linked Notes prior to the close of business on January 10, 2013. Colossus announced today that the Board of Directors has approved a proposal received from certain holders of Notes and [...]
Colossus Minerals Inc. - Further to TSX Bulletin #2013-1341 dated December 20, 2013, TSX has reduced the delisting review period from 120 days to 30 days. The Company has the following securities listed on TSX: common shares (Symbol: CSI), unsecured gold-linked notes (Symbol: CSI.NT) and common share purchase warrants (Symbols: CSI.WT.A and [...]
Colossus Minerals announced today that the special meeting of holders of the Company's outstanding gold-linked notes called for January 10, 2014 has been cancelled. The special meeting of shareholders of the Company that was called for January 20, 2014 has also been cancelled.