EVBC Loan to be Repaid by November 30, 2014 New Working Capital Line of US$6.5 million Established TORONTO, ONTARIO--(Marketwired - Jun 30, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announces that Kinbauri España S.L.U. ("Kinbauri"), its wholly-owned Spanish subsidiary, has agreed to restructure its loan agreement maturing September 30, 2016 (the "EVBC Loan") relating to its El-Valle Boinás and Carlés Mines in Spain (the "EVBC Mines"). The initial principal amount of the EVBC Loan was $64 million with proceeds primarily used to complete the construction of the EVBC Mines. The principal balance outstanding on April 2, 2014 was $37.5 million. The amendments, expected to be effective July 11, 2014 (the ... [...]
TORONTO, ONTARIO--(Marketwired - Jun 17, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announces that it has closed the sale of its Copperwood Project ("Copperwood") to Highland Copper Company Inc. ("Highland") through the sale of all of the outstanding shares of Orvana Resources US Corp. ("Orvana US") today, June 17, 2014 [...]
TORONTO, ONTARIO--(Marketwired - Jun 13, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announces that Orvana and Highland Copper Company Inc. ("Highland") expect to close the sale of Orvana's Copperwood Project ("Copperwood") to Highland on or before Tuesday, June 17, 2014. All material closing documents have been settled [...]
TORONTO, ONTARIO--(Marketwired - Jun 2, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company") is pleased to announce that Neil Ringdahl has been appointed Orvana's Chief Operating Officer effective June 8, 2014. Neil brings over 20 years' international experience in mine operations, development, and executive management. He also has a strong [...]
TORONTO, ONTARIO--(Marketwired - May 29, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announces that it expects to close the sale of its Copperwood Project ("Copperwood") to Highland Copper Company Inc. ("Highland") through the sale of all of the outstanding shares of Orvana Resources US Corp. ("Orvana US") on or before June [...]
TORONTO, ONTARIO--(Marketwired - May 14, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announced today financial and operating results for the second quarter ended March 31, 2014 ("Q2 2014"). The Company reported a net loss in the second quarter of fiscal 2014 of $7.0 million or $0.05 per share and an adjusted net loss of [...]
TORONTO, ONTARIO--(Marketwired - May 5, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") is providing a general update in anticipation of the attendance by Daniella Dimitrov, Orvana's Chief Financial Officer, at the European Gold Forum in Zurich, Switzerland May 6 to May 8, 2014. Ms. Dimitrov is scheduled to present on Thursday [...]
TORONTO, ONTARIO--(Marketwired - Mar 26, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") will present at the John Tumazos Very Independent Research Metals & Mining Conference being held in New York, NY on Monday, March 31, 2014. Michael Winship, President and Chief Executive Officer will be presenting at 4:00 pm ET on Monday [...]
TORONTO, ONTARIO--(Marketwired - Feb 27, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") reports the results following the annual general meeting of the shareholders of Orvana held on February 26, 2014 in Toronto. The following nominees were elected as directors of Orvana: Gordon J. Bogden Ed Guimaraes, CPA, CA Jacques [...]
Highland Copper announces an increase to the size of its previously announced non-brokered private placement of common shares from C$25 million to up to C$ 55 million. The Offering will consist of up to 110,000,000 common shares at a price of $0.50 per Share. The Company intends to use the proceeds from the Offering to fund the acquisition of the [...]
LONGUEUIL, QUEBEC--(Marketwired - Feb 11, 2014) - Highland Copper Company Inc. (TSX VENTURE:HI) ("Highland" or the "Company") and Orvana Minerals Corp. (TSX:ORV) ("Orvana") have entered into a definitive agreement ("Agreement") whereby Highland will acquire all rights, title and interest in the Copperwood Project ("Copperwood") from Orvana through [...]
TORONTO, ONTARIO--(Marketwired - Feb 7, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announced today financial and operating results for the first quarter ended December 31, 2013 ("Q1 2014"). The Company reported net income in fiscal 2014 of $6.0 million or $0.04 per share and adjusted net income of $1.2 million or $0.01 per [...]