NWM Mining, GFM Minería, and SFM Holding, S.A.P.I. de C.V. announce today that the previously announced plan of arrangement among NWM, GFM, SFM, and the Company's lender, Global Resource Fund has been completed. As previously announced, orders were received from the Ontario Superior Court of Justice approving the Arrangement and NWM [...]
NWM Mining announces that today it has received Court approval to the two amendments to the Arrangement Agreement dated June 6, 2015 with SFM Holding, S.A.P.I. DE C.V , GFM Minería, S.A.P.I. DE C.V and Global Resource Fund. The arrangement is expected to close the week of September 21, 2015 at which time GFMM will acquire all of the issued [...]
NWM Mining announces that it has entered into two amendments to the Arrangement Agreement dated June 6, 2015 with SFM Holding, S.A.P.I. DE C.V, GFM Minería, S.A.P.I. DE C.V and Global Resource Fund. GFMM will continue to acquire all of the issued and outstanding common shares of NWM for cash consideration of C$0.005. NWM will be seeking an [...]
NWM Mining announces that that it has received today a final order from the Ontario Superior Court of Justice approving the proposed arrangement among NWM, GFM Minería, and one of its affiliates, and the Company's lender, Global Resource Fund previously announced on June 8, 2015. Under the Arrangement, GFMM will acquire, for cash, all of the [...]
NWM Mining announces that at the Company's Annual General and Special Meeting held on July 15, 2015, the shareholders of the Company approved the Company's proposed plan of arrangement under the Business Corporations Act (Ontario) involving GFM Minera and one of its affiliates, and the Company's lender, Global Resource Fund, as previously [...]
NWM Mining announces that the Company has mailed copies of its Management Information Circular containing details of the definitive arrangement agreement with GFM Minera, and one of its affiliates, and the Company's lender, Global Resource Fund. Pursuant to the Arrangement Agreement GFMM will acquire, for cash, all of the issued and outstanding [...]
NWM Mining announces that the Company has entered into a definitive arrangement agreement with GFM Minera, and one of its affiliates, and the Company's lender, Global Resource Fund, pursuant to which GFMM will acquire, for cash, all of the issued and outstanding common shares of NWM subject to a court-approved plan of arrangement under the Business [...]
NWM Mining announces that it has extended the due date of the current debt outstanding from September 30, 2014 to December 31. The extension provides further time for the company to continue its refinancing efforts. As previously announced, Global Resource Fund has agreed to continue to temporarily defer and accrue monthly interest payments [...]
NWM Mining announces that it has extended the due date of the current debt outstanding from April 30, 2014 to June 30, 2014. The extension provides further time (see the Company's press releases dated January 30, 2014, November 29, October 31 and October 1, 2013) extension for the ongoing negotiations to be concluded with the Company's lender [...]
NWM Mining is pleased to announce today that subsequent to its news release dated November 7, 2013, it has filed an updated National Instrument 43-101 Technical Report on SEDAR for its Lluvia de Oro Project in Sonora, Mexico. Total reserves for the project, which encompasses the Creston and Gold Ridge mines and the Jojoba deposit, are now [...]
NWM Mining announces that it has extended the due date of the current debt outstanding from January 31, 2014 to April 30, 2014. The extension provides a further three month extension for the ongoing negotiations to be concluded with the Company's lender (Renvest Mercantile Bancorp through its Global Resource Fund), as set out in the Company's press [...]
NWM Mining announces that it has extended the due date of the current debt outstanding from November 30, 2013 to January 31, 2014. The extension provides a further two months (see the Company's press releases dated October 31 and October 1, 2013) for the ongoing negotiations to be concluded with the Company's lender (Renvest Mercantile Bancorp [...]