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 [...]
TORONTO, May 6, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce the results of its Annual and Special Meeting of Shareholders held today in Toronto, Ontario. All of the resolutions presented at the meeting were approved by the shareholders, with the votes cast by proxy representing 63% of the [...]
TORONTO, May 5, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today revenue of $38.1 million, EBITDA of $16 million and net income of $5.7 million or $0.02 per share for the first quarter of 2014. The Company's unaudited consolidated financial results for the three months ended March 31, 2014, together [...]
TORONTO, April 30, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) today announced that its first quarter 2014 financial results will be released after market close on Monday, May 5, 2014, followed by a conference call with Mandalay CEO Brad Mills for investors and analysts on May 6, 2014 at 8:00 am (Toronto time [...]
TORONTO, April 29, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) is pleased to announce that the pricing of the debt financing it announced on April 23, 2014 has been fixed at 5.875% per annum. The amount of the financing is US$50 million. Mandalay intends to use the net proceeds from the financing for general [...]
TORONTO, April 23, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) announced today that it intends to borrow US$60 million from Gold Exchangeable Limited, an unaffiliated special purpose vehicle incorporated in Jersey (the "Issuer"). The Issuer has today launched a proposed private placement offering of US$60 million [...]
TORONTO, April 14, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today its production and sales results for the first quarter, 2014. Brad Mills, Chief Executive Officer of Mandalay, commented: "Both of Mandalay's operations performed as planned in the first quarter. Costerfield delivered its first [...]
TORONTO, March 28, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announces that it has filed its Annual Information Form for the year ended December 31, 2013. The Annual Information Form can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.mandalayresources.com. Mandalay [...]
TORONTO, Feb. 18, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today revenue of $39.1 million, EBITDA of $13.9 million and net income of $4.4 million or $0.01 per share for the fourth quarter of 2013. For the full year, the Company delivered revenue of $166.9 million, EBITDA of $67.7 million and net [...]