Kutcho Copper is pleased to announce the completion of its previously announced name change from Desert Star Resources Ltd. to Kutcho Copper Corp. It is anticipated that the Company's common shares will commence trading on the TSX Venture Exchange under the new ticker symbol "KC" upon the opening of the markets on December 21, 2017. The CUSIP [...]
Kutcho Copper is pleased to announce the completion of the acquisition of the Kutcho high grade copper-zinc-silver-gold project, as well as the closing of a C$20 million subordinated secured convertible term debt loan and a US$65 million Early Deposit Precious Metals Purchase Agreement with Wheaton Precious Metals, and the subsequent release of [...]
Wheaton Precious Metals, announced today that it acquired 6,153,846 subscription receipts of Desert Star Holdings Corp., a wholly owned subsidiary of Desert Star Resources, at a price of C$0.65 per Subscription Receipt, for total consideration of C$3,999,999.90, pursuant to a private placement offering of 22,498,807 Subscription Receipts . The [...]
Desert Star Resources is pleased to announce that it has closed a private placement of 22,498,807 subscription receipts of the Company's wholly-owned subsidiary, Desert Star Holdings Corp., previously announced on November 2, 2017, for aggregate gross proceeds of $14,624,224.55. Each subscription receipt was priced at $0.65 and entitles the holder [...]
Desert Star Resources is pleased to announce that it has engaged Macquarie Capital Markets Canada Ltd., as lead agent on behalf of a syndicate of agents including BMO Capital Markets, Haywood Securities Inc. and PI Financial, who have agreed to sell on a "best efforts" private placement basis, up to 21,539,000 subscription receipts at a price of [...]
Desert Star Resources is pleased to announce it has entered into a non-binding Term Sheet for a C$20 million Subordinated Secured Convertible Term Debt Loan with Wheaton Precious Metals which, in addition to the proposed Early Deposit Precious Metals Purchase Agreement announced on August 10, 2017, results in a total financing package exceeding [...]
Desert Star Resources is pleased to announce it has entered into a Communications Agreement with Tahltan Central Government relating to the Kutcho Project, which is located 100km east of Dease Lake, within the Tahltan Traditional Territory. As previously disclosed in the Company's June 15, 2017 news release, the Company has signed an agreement to [...]
Desert Star Resources is pleased to announce it has agreed to terms on a non-binding Early Deposit Precious Metals Purchase Agreement with Wheaton Precious Metals under which Wheaton will pay Desert Star cash consideration totaling US$65 million for up to 100% of the payable silver production and up to 100% of the payable gold production from the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 31, 2017) - Desert Star Resources Ltd. (TSX VENTURE:DSR) ("Desert Star" or the "Company") is pleased to announce it has filed, with the Canadian securities regulators an independent technical report prepared in accordance with National Instrument 43-101 titled "Prefeasibility Study Technical Report [...]
Desert Star Resources is pleased to announce it has signed a definitive agreement dated June 15, with Capstone Mining to acquire 100% of the Kutcho high grade copper-zinc-gold-silver project. The consideration for the acquisition of Capstone's wholly-owned subsidiary Kutcho Copper, which owns Kutcho includes C$28.8 million in cash plus such number [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 6, 2017) - Desert Star Resources Ltd. (TSX VENTURE:DSR) ("Desert Star" or the "Company") is pleased to announce that it has entered into a Letter of Intent whereby it can earn 100% interest in the Iron Butte oxide gold-silver project located in Ladner County, north-central Nevada, approximately 60 [...]
TSX-V: DSR VANCOUVER, Feb. 1, 2016 /CNW/ - Desert Star Resources Ltd. (TSX-V: DSR) ("Desert Star" or the "Company") is pleased to announce that it has commenced drilling at its Copper King project in the Superior district of Pinal County, Arizona. Desert Star is conducting a diamond drill program (approximately 2100 meters) targeting a significant [...]