Alloycorp Mining is pleased to announce that it has completed an amalgamation with 1080224 B.C. Ltd. pursuant to an acquisition agreement dated June 30, 2016 between Alloycorp and the Purchaser, under the provisions of the Business Corporations Act (British Columbia) to form an amalgamated company under the name "Alloycorp Mining. The Amalgamation [...]
Alloycorp Mining is pleased to announce the voting results from the Annual and Special Meeting of the shareholders of the Company held today. A total of 255,736,536 common shares of the Company were voted at the Meeting, representing approximately 93.39% of the issued and outstanding common shares of the Company. Approval of Amalgamation At the [...]
Alloycorp Mining is pleased to announce that it has mailed its management information circular and related proxy materials to shareholders of record as of July 6, 2016 for its upcoming annual and special meeting to be held on August 8, 2016 at 199 Bay Street #4000, Toronto. The Meeting materials are also available for download on SEDAR. At the [...]
Alloycorp Mining announced today that it has entered into an agreement providing for the privatization of the Company by its major shareholders, Resource Capital Fund IV L.P. and Resource Capital Fund VI L.P. Shareholders of Alloycorp, other than RCF, will receive $0.05 for each common share of the Company. RCF is both the largest creditor and [...]
Alloycorp Mining announced today that it has filed financial statements and related management's discussion and analysis for the first quarter of 2016. Both are available under the Company's profile on SEDAR. The Company also announces further to its news release of April 22, 2016 the consolidation of its common shares on a 10:1 basis was completed [...]
Alloycorp Mining announces that it has entered into an agreement to amend the terms of its existing US$54.5 million loan facility dated November 14, 2014, as amended, among the Company, Avanti Kitsault Mine Ltd. and Resource Capital Fund VI L.P. The purpose of the Amendment is to increase the funds available under the 2014 Loan by an additional [...]
Alloycorp Mining announced today that RCF has elected to extend the scheduled maturity dates of the previously disclosed Loans until April 30, 2016. RCF, in its sole discretion, may elect to extend the scheduled maturity dates in one month increments thereafter through and until June 30, 2016. The Company and its wholly owned subsidiary Avanti [...]
Alloycorp Mining announced today that it has entered into an agreement to extend the maturity date of the bridge loan facility dated November 14, 2014, which was amended on January 30, 2015, June 1, 2015, June 30, 2015 and November 12, 2015, among the Company, its wholly owned subsidiary Avanti Kitsault Mine Ltd. and Resource Capital Fund VI L.P [...]
Alloycorp Mining announced today that it has entered into agreements to extend the maturity dates of both the Bridge Loan Facility dated July 12, 2013 and amended on December 31, 2014 and June 30, 2015, among the Company, Avanti Kitsault Mine Ltd., Resource Capital Fund IV L.P. and Resource Capital Fund VI L.P., and the Loan Agreement dated [...]
Alloycorp Mining announces that Peter Mah, Chief Operating Officer of Alloycorp and President of Avanti Kitsault Mine Ltd., has resigned from his position, effective immediately. The Company would like to thank Peter for his service to Alloycorp.
Alloycorp Mining is pleased to announce the results from DRA Taggart's Front End Engineering Design Study completed on the Avanti Kitsault Project. A summary of the FEED Study results is as follows: Optimized mine plan targeting highest grade proven and probable mineral reserves and softest ore zones first - average grade of molybdenum over the [...]
Alloycorp Mining announced today that in accordance with the terms of the Amended and Restated Loan Agreement dated July 12, 2013, as amended on December 31, 2014, among Alloycorp, its wholly-owned subsidiary, Avanti Kitsault Mine, Resource Capital Fund IV and Resource Capital Fund VI, Alloycorp has made interest payments in the aggregate amount of [...]
