EnerGulf Resources and Columbus Copper are pleased to announce that Columbus Copper has been granted a final order by the Supreme Court of British Columbia approving the previously announced arrangement under the Business Corporation Act (British Columbia) pursuant to which EnerGulf will acquire all of the issued and outstanding shares of Columbus [...]
Columbus Copper is pleased to announce that on August 21, 2015 it was granted an interim order by the British Columbia Supreme Court with respect to its special meeting of shareholders of Columbus Copper to be held to consider the proposed arrangement under the provisions of the Business Corporations Act (British Columbia) with EnerGulf Resources [...]
EnerGulf Resources and Columbus Copper are pleased to announce that they have entered into a definitive arrangement agreement dated July 9, 2015 pursuant to which EnerGulf will acquire all of the outstanding shares of Columbus Copper in exchange for common shares of EnerGulf to be issued on the basis of one Columbus share for 0.4937 EnerGulf common [...]
Columbus Copper announces that it has entered into a binding Letter of Intent with EnerGulf Resources pursuant to which EnerGulf has conditionally agreed to acquire all of the outstanding common shares of Columbus Copper in exchange for 9,200,000 common shares of EnerGulf. If successful, the Acquisition will likely be completed as a plan of [...]
Columbus Copper announces that it has entered into an agreement pursuant to which it will acquire the rights to pending onshore hydrocarbon licence Block 8 in Albania through the acquisition of BVI-incorporated Dinaric International Energy Corporation and its Albanian subsidiary, Albanides Energy Sh.p.k. Albania is a significant onshore oil [...]
Columbus Copper announces that it has completed the sale of its Bursa and Kavaklitepe properties in Turkey through the sale of its Turkish subsidiary for total consideration of US$1 million. The purchaser is the Teck Resources Ltd. group of companies.
Columbus Copper announces that it has received the approval of the TSX Venture Exchange for the 1 for 10 share consolidation first announced in Columbus Copper's news release of November 21, 2014. The share consolidation will be effective as of December 5, 2014. A letter of transmittal is being mailed to shareholders advising that: (i) the [...]
Columbus Copper announces that Columbus Copper, as part of its ongoing effort to reorganize, will be immediately filing for, and seeking approval of, documents relating to the consolidation of Columbus Copper's issued and outstanding share capital with the TSXV. The intended consolidation will be on a basis of one post-consolidation common share [...]
Columbus Copper announces that it has entered into a binding term sheet with respect to the sale of its Bursa and Kavaklitepe properties in Turkey for total consideration of US$1 million, which includes a non-refundable US$100,000 advance payment. The transaction is subject to standard closing conditions and a satisfactory due diligence review to [...]
Columbus Copper announces that it has completed a transaction with First Quantum Minerals pursuant to which First Quantum's earned 20% interest in Karapinar and the related Bursa licenses has reverted back to Columbus Copper in exchange for Columbus Copper's Serbian assets through the transfer of Columbus Copper's Serbian subsidiary.
Columbus Copper is pleased to announce that it has received an Operating Permit for the Karapinar copper porphyry license, which is valid to 2 June 2020. First Quantum Minerals is funding Karapinar, however, discussions are in progress with First Quantum to terminate its option and allow its earned 20% interest in Karapinar and the related Bursa [...]
Columbus Copper is not proceeding with the private placement previously announced on November 14, 2013. Columbus Copper is considering other financing opportunities.