Dacha Strategic Metals is pleased to announce that it has: completed its previously announced transaction with Merus Labs International; and in accordance with the articles of amendment that were approved by Dacha shareholders on August 11, 2014, redeemed all of its outstanding common shares. In the Merus transaction, Dacha created a new [...]
Dacha Strategic Metals announced that at its annual and special meeting of shareholders that was held earlier today, Dacha's shareholders overwhelmingly approved resolutions relating to: the previously announced transaction pursuant to which Merus Labs International will acquire from Dacha, in exchange for common shares of Merus ("Merus Shares [...]
Dacha Strategic Metals announced today that it has mailed a management information circular to shareholders in connection with the annual and special meeting of shareholders to be held August 11. A copy of the Circular is also available on SEDAR. At the Meeting, shareholders will be asked to consider, among other things, resolutions relating to:
Dacha Strategic Metals today released its audited consolidated financial results for the year ended March 31, 2014 and provided an update on its pending transaction involving Merus Labs International. For more information, please see Dacha's audited consolidated financial statements and management's discussion and analysis filed under Dacha's [...]
Dacha announced today that it has entered into a definitive acquisition agreement with Merus Labs International pursuant to which Dacha will complete the balance of its previously announced investment of at least $11 million in Merus. As contemplated by the letter agreement between Dacha and Merus that Dacha announced on June 10, 2014, the [...]
Dacha announced today that it has agreed to subscribe for $5 million of common shares of Merus Labs International at a price of $1.70 per share as part of the $27.2 million bought deal financing that Merus announced yesterday. As Dacha announced on June 10, Dacha and Merus have entered into a letter agreement pursuant to which Dacha agreed to [...]
Dacha announced today that it has entered into a letter agreement with Merus Labs International pursuant to which Dacha will invest a minimum of $11 million in Merus in exchange for common shares of Merus. Merus is a specialty pharmaceutical company engaged in the acquisition and licensing of pharmaceutical products. Merus utilizes its expertise in [...]
Dacha today released its unaudited financial results for the three and nine months ended December 31, 2013. For more information, please see Dacha's condensed interim consolidated financial statements and management's discussion and analysis filed under Dacha's profile on SEDAR. Unless otherwise noted, dollar references below are to U.S. funds [...]
Dacha Strategic Metals today announced that its wholly-owned subsidiary, Dacha Strategic Metals, has completed the sale of its remaining 6,500 Kgs of terbium oxide for gross proceeds of approximately U.S. $2.6 million. Market conditions at the time of this sale were such that these metals were sold for less than their original cost and less than [...]
Dacha today released its unaudited financial results for the three and six months ended September 30. For more information, please see Dacha's condensed interim consolidated financial statements and management's discussion and analysis filed under Dacha's profile on SEDAR. All dollar references below are to U.S. funds. During the three months ended [...]
Dacha Strategic Metals today released its unaudited financial results for the three months ended June 30, 2013. For more information, please see Dacha's condensed interim consolidated financial statements and management's discussion and analysis filed under Dacha's profile on SEDAR. All dollar references below are to U.S. funds. During the three [...]
Dacha today released its audited consolidated financial results for the year ended March 31. For more information, please see Dacha's audited consolidated financial statements and management's discussion and analysis filed under Dacha's profile on SEDAR. All dollar references below are to U.S. funds. During the year ended March 31, 2013, Dacha [...]
