TORONTO, Sept. 10, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND, MND.WT) is pleased to provide an update on the progress of its infill drilling and feasibility study at its Challacollo, Chile, silver-gold project (click here for Figure 1 Property Map). Key activities to date include: The General Manager and [...]
Mandalay and Elgin are pleased to announce the completion of the acquisition of Elgin by Mandalay by way of a court-approved plan of arrangemen. Mr. Brad Mills, Chief Executive Officer of Mandalay, commented, "I am pleased to announce that we have successfully closed the Elgin transaction as planned, adding Elgin's Björkdal gold mine in Sweden as [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Sept. 9, 2014 /CNW/ - Mandalay Resources Corp. (TSX: MND) ("Mandalay") and a fund advised by West Face Capital Inc. ("West Face") announced today the closing of the previously announced secondary offering (the "Offering") by West Face of 40,000,000 [...]
TORONTO, Sept. 3, 2014 /CNW/ - Mandalay Resources Corp. (TSX: MND) ("Mandalay") is pleased to announce that at the Special Meeting of the Shareholders of Elgin Mining Inc. (TSX: ELG) ("Elgin Mining") held earlier today, Elgin Mining received overwhelming approval for the resolution approving the plan of arrangement (the "Arrangement") pursuant to [...]
Mandalay Resources and a fund advised by West Face Capital today announced that West Face has entered into an agreement with BMO Capital Markets and the Company to complete a secondary offering, on a bought deal basis, under which BMO Capital Markets has agreed to purchase 40,000,000 common shares of the Company held by West Face at a purchase [...]
TORONTO, Aug. 6, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today revenue of $44.9 million, adjusted EBITDA of $16.4 million and net income of $4.9 million or $0.01 per share for the second quarter of 2014. The Company's unaudited consolidated financial results for the three and six months ended June [...]
TORONTO, Aug. 1, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) today announced that its second quarter 2014 financial results will be released after market close on Wednesday, August 6, 2014, followed by a conference call with Mandalay CEO Brad Mills for investors and analysts on August 7, 2014 at 8:00 am (Toronto [...]
TORONTO and VANCOUVER, July 31, 2014 /CNW/ - Mandalay Resources Corporation ("Mandalay") (TSX: MND) announced today that it has advanced, by way of the previously disclosed convertible bridge loan, approximately C$5 million to Elgin Mining Inc. ("Elgin") (TSX: ELG). Elgin used the proceeds of the loan to repay its existing loan from Sprott [...]
TORONTO, July 25, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay") (TSX: MND) is pleased to provide the following update on the previously announced transaction with Elgin Mining Inc. ("Elgin") (TSX: ELG). Elgin has now reached a resolution of all outstanding reclamation obligations relating to its former coal operations in Kentucky, and these [...]
TORONTO, July 17, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce drill results from its infill and extensional drilling at the Costerfield gold-antimony mine, Victoria, Australia during the first half of 2014. Highlights include: Cuffley lode (Figure 1 and Table 1)— New intercepts have [...]
TORONTO, July 10, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today its production and sales results for the second quarter, 2014. Brad Mills, Chief Executive Officer of Mandalay, commented: "Mandalay's operations delivered steady operational performance in the second quarter. Cerro Bayo operations [...]
TORONTO, July 9, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce encouraging results of its continuing wide-spaced core drilling program from underground and surface platforms to probe for vein extensions and has recognized two new veins under Laguna Verde (click here for Figure 1 - Laguna Verde [...]