Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) has completed its non-brokered private placement originally announced on July 5, 2016 (the “Offering”). The Company raised gross proceeds of $7,195,591.38 through the sale of 9,115,861 [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) was granted favorable decisions on both matters considered in joint hearings before the British Columbia Securities Commission (the “BCSC”) and the Ontario Securities Commission (the [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) acknowledges that on July 8, 2016 Hecla Mining Company (together with its affiliates, “Hecla”) filed a formal takeover bid circular to purchase all of the outstanding shares of Dolly [...]
Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corp. (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce that it intends to undertake a private placement financing (the “Offering”) to raise gross proceeds of up to $6 million from the sale of up to: (a) 7,258,064 common shares in the capital of the Company [...]
Dolly Varden Silveris pleased to report that, as announced on June 13, 2016, the Company has repaid the senior secured loan from Hecla Canada and Robert L. Gipson with proceeds from a short-term loan from Sprott Private Resource Lending (M), an additional Sprott affiliate and The K2 Principal Fund L.P. The Sprott-K2 loan provided $2,500,000 in [...]
Dolly Varden Silver responds further to the announcement by Hecla Mining Company that Hecla intends to make an unsolicited takeover bid for all of the issued and outstanding shares of Dolly Varden that Hecla does not own. To date Hecla has not made any formal offer to Dolly Varden’s shareholders. The Board of Directors of the Company has appointed [...]
Dolly Varden Silver acknowledges the announcement made on June 27, 2016 by Hecla Mining that Hecla will make an unsolicited takeover bid for all of the issued and outstanding shares of Dolly Varden that Hecla does not own. Dolly Varden has not received any formal bid for consideration from Hecla and advises that Dolly Varden’s shareholders [...]
Hecla Mining today announced that it will make a takeover bid for all of the outstanding shares of Dolly Varden Silver Corporation not owned by Hecla and its affiliates for C$0.69 cash per share. The bid will be subject to a minimum tender condition that more than 50% of the shares are tendered, excluding shares owned by Hecla and its affiliates [...]
Dolly Varden Silver announces that it has entered into definitive agreements for new senior secured term loans with three lenders, Sprott Resource Lending Partnership, an additional Sprott affiliate, and The K2 Principal Fund L.P. These loans will provide an aggregate of CDN$2,500,000 in funds to the Company. Approximately $2,100,000 of the [...]
Dolly Varden Silver is pleased to announce receipt of C$500,000 in funds comprising the second and final tranche of the previously announced senior secured loan from Hecla Canada Ltd. and Robert L. Gipson, two significant shareholders of the Company. Receipt of these funds brings the total amount funded under the Loan to C$2 million. The Loan bears [...]
Dolly Varden announces assay results from its 2015 exploration diamond drill program at its Dolly Varden property, located in northwestern British Columbia. Ten holes were completed for a total of 2,037 meters of drilling: six at Ace-Galena, three at Kitsol and one structural and stratigraphic test. Drilling confirmed the presence of volcanogenic [...]
Dolly Varden is pleased to announce that Director and interim CEO and President, Rosie Moore will present at the 121st annual meeting and exposition of the American Exploration & Mining Association (AEMA) in Spokane, Washington on December 2, 2015. Highlights of Ms. Moore’s presentation, entitled “Dolly Varden Silver – 2015 – a busy year!”, will [...]