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 [...]
Citation Resources is pleased to announce that the shareholders of Citation have approved the previously announced plan of arrangement with Inlet Resources pursuant to which Citation will become a wholly- owned subsidiary of Inlet. At the annual general and special meeting of Citation held earlier today, the Arrangement was approved by [...]
TORONTO, June 30, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay") (TSX: MND) announced today that an independent scientific report by Golder Associates, commissioned by the government of the State of Victoria in response to community concerns about exposure to antimony in the area and its potential impact on human health, has found levels of [...]
Mandalay Resources and Elgin Mining announced today that they have entered into an arrangement agreement pursuant to which Mandalay will acquire all of the outstanding common shares of Elgin for consideration consisting of C$0.37 cash or 0.4111 of a Mandalay common share per Elgin common share, subject to pro ration. The total transaction value is [...]
Financing Size Increased to US$60 Million TORONTO, May 14, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX:MND) is pleased to announce that it has completed the 5.875% debt financing that was described in the Company's press releases of April 23, 2014 and April 29, 2014. The financing proceeds were raised by way of a [...]
