Monarch Mining Corp. announces today the successful completion of the previously announced arrangement under the Canada Business Corporations Act pursuant to which Monarch Gold Corp. transferred the Beaufor, Croinor Gold, McKenzie Break and Swanson mineral properties and other assets and liabilities to a newly formed Monarch Mining Corporation [...]
Monarch Gold Corp. announces that the Superior Court of Québec has issued a final order approving the previously announced arrangement governed by the Canada Business Corporations Act pursuant to which Monarch will transfer certain mineral properties and other assets and liabilities to a newly formed Monarch Mining Corporation entity and Yamana [...]
Monarch Gold Corp. is pleased to announce the first set of results from its 2020 surface exploration diamond drilling program on its wholly-owned Beaufor Mine project, 20 km northeast of Val-d'Or. The results include a significant number of high-grade assays, including 535 g/t over 0.5 m, 180 g/t Au over 0.5 m, and 148.5 g/t au over 0.5 m. The [...]
Monarch Gold Corp. announced today that its shareholders and optionholders have approved the resolution authorizing the previously announced plan of arrangement under the Canada Business Corporation Act. Pursuant to the Arrangement, Yamana Gold Corporation will acquire the Wasamac property and the Camflo property and mill through the acquisition of [...]
Monarch Gold Corp. announced today that the Corporation has filed its management information circular and related materials for the annual and special meeting of shareholders and optionholders of Monarch to be held on December 30, 2020 in connection with the proposed arrangement with Yamana Gold Inc. The Transaction As announced on November 2 [...]
Monarch Gold Corp. is pleased to announce that, further to its press release dated November 2, 2020, it has obtained an interim order from the Superior Court of Québec, Commercial Division, with respect to the proposed plan of arrangement with Yamana Gold Inc. The interim order, among other things, authorizes the holding of an annual general and [...]
Monarch Gold Corp. reported its results today for the first quarter ended September 30, 2020. Amounts are in Canadian dollars unless otherwise indicated. Summary of financial results Three months ended September 30 2020 2019 Revenues - 3,144,699 Gross margin - 1,586,598 Net earnings 1,178,934 Net earnings per share, basic and diluted 0.005 [...]
Monarch Gold Corp. is pleased to announce that it has entered into a definitive agreement with Yamana Gold Inc. pursuant to which Yamana will acquire the Wasamac property and the Camflo property and mill through the acquisition of all of the outstanding shares of Monarch for total consideration of approximately C$200 million or C$0.63 per Monarch [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the Global Metals and Mining Virtual lnvestor Conference are now available for [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Global Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are [...]
First 21 underground holes drilled, totalling 1,425.6 metres of a 42,500-metre drilling program. High sample assay results on the Beaufor property include 783 g/t Au over 0.2 metres and 293 g/t Au over 0.5 metres. Four underground drill rigs are currently testing "near-mine" exploration targets. The drilling program is being supervised by Christian [...]
Monarch Gold Corp. reported its results today for the fourth quarter ended June 30, 2020. Amounts are in Canadian dollars unless otherwise indicated. Summary of financial results THREE MONTHS ENDED JUNE 30 FISCAL YEARS ENDED JUNE 30 2020 2019 2020 2019 Revenues - 7,349,262 6,680,690 31,652,869 Gross margin - 1,940,340 4,127,325 4,350,348 Gain on [...]