Dacha Strategic Metals today announced the following update regarding its business and operations. As previously disclosed, since the reconstitution of Dacha's board on November 28, 2012, Dacha has been reviewing its opportunities and prospects to create shareholder value from both its existing metals inventories and its rare earth metals business [...]
Dacha today released its financial results for the three and nine months ended December 31, 2012. 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 provided the following updates with respect to organizational and other matters following the election of its new board of directors on November 28, 2012. Mr. Graham C. Warren has been appointed Chief Financial Officer of Dacha, effective immediately. Mr. Warren is a senior financial executive with over 25 years of [...]
Dacha Strategic Metals reports that, as a result of discussions with the TSX Venture Exchange, at the meeting of shareholders scheduled to be held today, at 10:00 a.m., Dacha will seek the approval of disinterested shareholders with respect to a resolution confirming termination payments to certain executive consultants of Dacha and authorizing the [...]
Dacha announced today that it has agreed to a reconstitution of its slate of nominees for election to its board of directors designed to place the company in the best position to create long-term value for all its shareholders. The reconstitution of management's slate of director nominees is the result of discussions between Dacha and Goodwood [...]
Dacha Strategic Metals reports the estimated market value of its Rare Earth metals inventory. As of October 31, 2012, the estimated value of its metals inventory was US$43.4 million, a decrease of US$9.0 million, or 17.2%, from the estimated value of US$52.4 million at September 30, 2012, as reported in the Company's October 1, 2012 press release [...]
Dacha announces the resignation of Mr. Claude Blanchet, director of Dacha, who has tendered his resignation to pursue other endeavours. Management of Dacha would like to thank Mr. Blanchet for his contributions as a member of the company's board of directors. The company wishes him well in the future.
Dacha Strategic Metals has mutually agreed with Aberdeen International Inc. to terminate the previously announced business combination agreement between Dacha and Aberdeen (For further information on the proposed business combination please see the joint press release of Dacha and Aberdeen dated August 15, 2012). Dacha and Aberdeen were not able to [...]
Dacha Strategic Metals is pleased to announce the estimated market value of its Rare Earth metals inventory. As of September 30, 2012, the estimated value of its metals inventory was US$52.4 million, a decrease of US$5.9 million, or 10.1%, from the estimated value of US$58.3 million at August 31, 2012, as reported in the Company's September 4, 2012 [...]
Dacha Strategic Metals is pleased to announce the estimated market value of its Rare Earth metals inventory. As of August 31, 2012, the estimated value of its metals inventory was US$58.3 million, a decrease of US$3.7 million, or 6.0%, from the estimated value of US$62.0 million at July 31, 2012, as reported in the Company's August 1, 2012 press [...]
Dacha Strategic Metals is pleased to announce it has released its financial results for the quarter ended June 30, 2012. For more information please see the Company's condensed interim consolidated financial statements and management's discussion and analysis posted under the Company's profile on SEDAR. Dacha reported net earnings of US$(16.7 [...]
Dacha Strategic and Aberdeen are pleased to announce that they have entered into a definitive agreement pursuant to which Dacha and Aberdeen will, subject to shareholder, court and regulatory approvals, enter into a plan of arrangement pursuant to which Dacha will acquire all of the outstanding shares of Aberdeen and Aberdeen will become a wholly [...]
