First Bauxite Corp.

First Bauxite Corp. is pleased to announce that further to its news releases dated October 29 and November 13, 2018, the Company’s shareholders approved a special resolution in respect of the Company’s previously announced going-private transaction by way of a statutory plan of arrangement at its special meeting of shareholders held on [...]

First Bauxite Corp. is pleased to announce that William J. Rice will be joining the Company as President and Chief Executive Officer effective December 15, 2018. Bill earned a Bachelor of Science in Ceramic Engineering from SUNY at Alfred University in New York. He previously served over thirty years in several executive positions with ALCOA Inc [...]

First Bauxite Corp. is pleased to announce that it has filed its unaudited quarterly financial statements and management’s discussion and analysis for the period ended September 30, 2018. Both are available under the Company’s profile on SEDAR and on the Company’s website at www.firstbauxite.com. Subsequent to the Third Quarter [...]

First Bauxite Corp. advises that further to its news release dated October 19, 2018, the Company has mailed its management information circular and related proxy materials to shareholders of record as of October 30, 2018 for its upcoming special meeting to be held on December 7, 2018 at 10:00 a.m. The Meeting materials are also available for [...]

First Bauxite Corp. is pleased to announce that it has received an additional financing facility under a third bridge loan agreement with Resource Capital Fund VI L.P. pursuant to which RCF VI has agreed to provide: an operating loan facility in the principal amount of US$8 million to be applied in financing First Bauxite’s Bonasika Project [...]

First Bauxite Corp. announces that it has entered into an agreement with Resource Capital Fund V L.P. and Resource Capital Fund VI L.P. for a going private transaction to be completed by way of a statutory plan of arrangement pursuant to Section 288 of the Business Corporations Act . Once the Arrangement becomes effective, the RCF Funds will own [...]

First Bauxite Corp. announces that Alan Roughead has advised that he will be retiring from his positions as President and Chief Executive Officer of the Company effective December 31, 2018, to return home to his native Australia. Mr. Roughead will continue to serve as a member of the Board of Directors of the Company . The Company further announces [...]

NEW ORLEANS, June 28, 2018 -- First Bauxite Corp. is pleased to announce that, further to the news release dated August 1, 2017 and subject to final TSX Venture Exchange acceptance, it has entered into an extension agreement with its noteholders to further extend from June 30, 2018 to December 31, 2018 the maturity date of all of the outstanding [...]

First Bauxite is pleased to announce that it has received additional financing under a second bridge loan agreement with Resource Capital Fund VI L.P. signed today. RCF VI has agreed to provide additional financing under a second bridge loan facility to the Company in the principal amount of up to US$10 million . The Company announced in meetings [...]

First Bauxite Corp. is pleased to announce that it has filed its unaudited quarterly financial statements and management’s discussion and analysis for the period ended March 31, 2018. Both are available under the Company’s profile on SEDAR and on the Company’s website. HIGHLIGHTS During the three months ended March 31, 2018, the [...]