Victory Mountain is pleased to announce that it has executed a formal Option Agreement with Klondike Silver to option a portion of the Silver Slocan Mining Camp located in south eastern British Columbia. The primary exploration focus will be on the silver-lead-zinc expansion potential to the west of the Silvana Mine located centrally in the Silver [...]
Victory Mountain Ventures reports that it has arranged a loan from arm's length parties in the principal amount of $250,000 pursuant to promissory notes to be issued to the Lender as security for the Loan. The Loan will bear interest at 1% per month on the principal amount and will be used for working capital of the Company until the closing of a [...]
Victory Mountain announces that it has arranged a non-brokered private placement of up to 10,500,000 units for total proceeds of up to $2,500,000, subject to the approval of the TSX Venture Exchange. Up to 2,500,000 units will be issued as non flow-through units at a price of $0.20 per unit consisting of one common share and one whole warrant. Each [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/19/12 -- Victory Mountain Ventures Ltd. (TSX VENTURE: VMV) ("Victory") is pleased to announce that it has executed a binding Letter of Intent (LOI) with Klondike Silver Corp. (TSX VENTURE: KS) ("Klondike") to option a portion of the Silver Slocan Mining Camp located in south eastern British [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/16/12 -- Victory Mountain Ventures Ltd. (TSX VENTURE: VMV) announces that it has closed the second and final tranche of a non-brokered private placement originally announced July 30, 2012. The Company had previously announced on September 5, 2012 that it had closed the first tranche consisting of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/05/12 -- Victory Mountain Ventures Ltd. (TSX VENTURE: VMV) announces that the first tranche, with respect to the non-brokered private placement announced on July 30, 2012, has closed. The Company has raised $501,000 at a price of $0.15 per unit.
A total of 3,340,000 units at a price of $0.15 per [...]
Victory Mountain reports that it has received TSX Venture Exchange approval to issue 250,000 common shares of the Company as bonus shares resulting from the $250,000 loan the Company received in May 2012. The Loan will bear interest at 1% per month on the principal amount and will be used for working capital of the Company until the closing of a [...]
North American confirms that at the annual general and special meeting held on June 22nd, shareholders approved, by special resolution, a consolidation of the Company's common shares on the basis of one (1) post-consolidated share for every forty (40) pre-consolidated shares (the "Consolidation"). As of the Meeting, the Company had 193,787,160 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/30/12 -- North American Gem Inc. (NAG) (TSX VENTURE: NAG) announces that it has arranged a non-brokered private placement of up to 4,000,000 units at a price of $0.15 per unit for total proceeds of up to $600,000, subject to the approval of the TSX Venture Exchange.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/27/12 -- North American Gem Inc. (NAG) (TSX VENTURE: NAG) reports that it has executed an Asset Purchase Agreement with Keener Ridge Coals Inc. ("KRC") of West Virginia. Under the Agreement, the Company will transfer to KRC its interests in certain coal leases and mining permits located in [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/25/12 -- North American Gem Inc. (NAG) (TSX VENTURE: NAG) reports that it held its Annual General and Special Meeting on Friday, June 22nd, 2012, and all items listed on the proxy were approved.
Of note, the shareholders approved a special resolution that the issued and outstanding common shares [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/15/12 -- North American Gem Inc. (TSX VENTURE: NAG) (NAG) reports that it has arranged a loan from arm's length parties in the principal amount of $250,000 (the "Loan") pursuant to promissory notes (the "Notes") to be issued to the Lender as security for the Loan.