URSA Major today reports that further its news release dated May 30, URSA Major and Prophecy Platinum are pleased to announce that the acquisition of URSA Major by Prophecy Platinum was completed on July 16. Ross Glanville & Associates Ltd. acted as financial advisor to URSA Major. The last day of trading of the common shares of URSA Major on the [...]
URSA Major today reports that further its news release dated May 30, 2012, URSA Major and Prophecy Platinum have agreed to amend the proposed business combination agreement to close on July 16, 2012. On closing, Prophecy Platinum will issue one common share for each 25 common shares of URSA Major held.
URSA is pleased to announce that the previously disclosed business combination with Prophecy Platinum by way of court-approved Plan of Arrangement has been approved by the shareholders of URSA Major at its Special Shareholder's Meeting held yesterday in Toronto, Ontario. URSA Major shareholders approved the Arrangement with a total of 98.9% of the [...]
URSA Major Minerals Incorporated announces its financial and operating results for the year ended January 31, 2012. The Company reports that the Shakespeare Nickel Mine had gross revenues of $11,162,363 with an operating loss on mining activities of $171,838 for the year.
Ursa Major Minerals Incorporated are pleased to announce that they have signed a definitive agreement in connection with the business combination announced in their joint news release dated March 1, 2012. Prophecy has agreed to issue one common share for each 25 common shares of Ursa held.
URSA Major Minerals is pleased to announce the appointment of John Lee and Greg Hall to the board of directors of URSA Major. This appointment follows the binding letter of agreement announced on March 2, 2012 for a business combination through a proposed all share transaction. Pursuant to the Agreement, Prophecy Platinum Corp. will issue 1 common [...]
URSA Major Minerals is pleased to announce that it has closed its previously announced non-brokered private placement with, for 16,666,667 common shares at a price of $0.06 per common share for aggregate proceeds to URSA of $1,000,000. As a result, Prophecy holds approximately 17.3% of the outstanding shares of URSA Major. Prophecy did not hold any [...]
Ursa Major Minerals and Prophecy Platinum are pleased to announce that they have entered into a binding letter of agreement for a business combination through a proposed all share transaction. Prophecy and Ursa act at arm's length and the Transaction has been negotiated at arm's length. Financial Terms of the Transaction: Pursuant to the Agreement [...]
URSA has temporarily suspended operations at the Shakespeare Nickel Mine, located 70 km west of Sudbury. Richard Sutcliffe stated "Our previous processing agreement expired in December 2011 and we have not been able to conclude a new processing agreement for Shakespeare ore. Since 2007, URSA Major's mining operations have demonstrated the [...]
URSA today announces the resignations of Maura Lendon, Martez Moore and Riyaz Lalani, who were all appointed as directors this past year. Dr. Richard Sutcliffe stated, "The latter half of 2011 posed many challenges to URSA Major and we regret the resignation of Maura, Martez and Riyaz. We look forward to working with the current board of directors [...]
URSA announces its financial and operating results for the three and nine months ended October 31. URSA Major produces nickel, copper and precious metals from the Shakespeare Nickel Mine located 70 km west of Sudbury, Ontario. The Company is focused on production, development and exploration of nickel, copper and precious metal deposits primarily [...]
URSA announces new confirmation drilling results at the Shakespeare East Nickel deposit, located 70 km west of Sudbury, Ontario. Five vertical drill holes totalling approximately 596 meters were drilled in the central portion of the planned Shakespeare East Pit. The drilling has confirmed near surface mineralization in the East Pit area that is [...]
