Northern Vertex Mining and Patriot Gold announced today the signing of a binding agreement whereby Northern Vertex will purchase Patriot Gold's remaining 30% working interest in the Moss Gold/Silver Mine for C$1,500,000 plus the retention by Patriot of a 3% net smelter returns royalty. The consideration will consist of C$1,200,000 in cash and [...]
Northern Vertex is pleased to announce that further to its press release dated March 31, 2016, it has closed the final tranche of its oversubscribed non-brokered private placement and issued a further 500,000 units bringing the aggregate total Units issued to 8,474,875 Units at a purchase price of $0.32 per Unit raising gross proceeds to the [...]
Northern Vertex is pleased to announce that further to its press release dated February 26, 2016, it has closed its non-brokered private placement and issued an aggregate of 7,974,875 units at a purchase price of $0.32 per Unit raising gross proceeds to the Company of $2,551,960. Each Unit consists of one common share of the Company and one [...]
Northern Vertex announces that the Company's unaudited interim consolidated financial results for the second quarter fiscal 2016 ended December 31, 2015 have been filed on SEDAR. The full version of the Financial Statements and Management's Discussion & Analysis can be viewed on the Company's website at www.northernvertex.com or on SEDAR at [...]
Northern Vertex Mining is pleased to announce a Non-Brokered Private Placement of up to approximately 7.81 million units at a purchase price of $0.32 per Unit, for aggregate gross proceeds to the Company of up to $2,500,000. Each Unit consists of one common share of the Company and one transferable share purchase warrant. Each Warrant will entitle [...]
Northern Vertex announces receipt of the arbitrator's award arising out of the December 2015 arbitration with Patriot Gold, the details of which have been previously disclosed. Northern Vertex prevailed on both the disputed matters. The arbitration award confirmed that Northern Vertex's Feasibility Study delivered to Patriot on July 20th, 2015 [...]
Northern Vertex announces that the Company's unaudited interim consolidated financial results for the first quarter fiscal 2016 ended September 30, 2015 have been filed on SEDAR. The full version of the Financial Statements and Management's Discussion & Analysis can be viewed on the Company's website at www.northernvertex.com or on SEDAR at [...]
Northern Vertex Mining announces that it has, subject to regulatory approval, amended the expiry dates of an aggregate total of 9,476,674 unexercised share purchase warrants. Pursuant to the non-brokered unit private placement that closed on November 23, 2011, a total of 5,817,174 warrants were issued, expiring on November 23, 2013. The Company [...]
Feasibility Study Completed and Working to Finalize Macquarie Financing VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 27, 2015) - Northern Vertex Mining Corp. (the "Company") (TSX VENTURE:NEE)(OTCQX:NHVCF) announces that the Company's audited consolidated financial results for the year ended June 30, 2015 have been filed on SEDAR. The full [...]
Northern Vertex Mining announces that it has, subject to regulatory approval, amended the expiry date of an aggregate total of 1,321,500 unexercised share purchase warrants from October 4, 2015, by a further six months to April 4, 2016. Pursuant to the non-brokered unit private placement that closed on April 4, 2011, a total of 1,571,500 warrants [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 15, 2015) - Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") is pleased to announce that the Company has signed an Engagement Letter with indicative terms for Macquarie Bank Limited ("Macquarie Bank") to provide project finance facilities of up to US$20 million (the "Macquarie [...]
After-tax IRR 44.3% and NPV@5% US$55.25 million at Gold Price of US$1,250/oz and Silver Price of US$20/oz VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 23, 2015) - Northern Vertex Mining Corp. (the "Company") (TSX VENTURE:NEE)(OTCQX:NHVCF) is pleased to announce that it has filed a technical report prepared in accordance with Canadian National [...]