Celeste Mining announces that a cease trade order was issued on April 2, 2015 by the Alberta Securities Commission due to the Company failing to file comparative financial statements, management's discussion and analysis and annual certificates for its financial year ended November 30, 2014, as required under Part 5 of National Instrument 51-102 [...]
Celeste Mining announces today that the Company has been informed by written notice that Ms. Diana Walters has recently left Liberty Metals and Mining Holdings, and as such, has resigned from the Board of Directors of Celeste Mining as LMM's appointee. In accordance with the terms of the original Subscription Agreement between LMM and Celeste [...]
Celeste Mining announces that it has been granted a Management Cease Trade Order by its principal regulator, the Alberta Securities Commission. As previously announced on March 28, 2014, a MCTO application was made by the Company in respect of the late filing of the Company's annual financial statements, accompanying Management's Discussion and [...]
Celeste Mining announces today that it has applied to the Alberta Securities Commission to approve a management cease trade order. If approved, it is anticipated that the MCTO will be issued on or about April 1, 2014. The Company anticipates it may be unable to file its annual financial statements, management discussion and analysis and related [...]
Celeste Mining announces today that the Company has been informed that on June 26, 2013 the South Crofty assets were put under administration by Western United Mines with Wilkins Kennedy appointed as administrators. The South Crofty assets are currently under care and maintenance with the costs being borne by the secured creditors. The Company has [...]
Celeste Mining announces today that the Company has been issued a formal notice of default on behalf of Cornish Minerals Limited with respect to its failure to fulfill its obligations under the Earn In Agreement dated May 24, 2011. In addition, the Company announces that Mr. Alan Shoesmith has resigned from the Company's Board of Directors. As a [...]
Celeste Mining announces today that the Board of Directors has elected to terminate Alan Shoesmith as President and Chief Executive Officer of the Company under the terms of Mr. Shoesmith's Executive Services Agreement. Mr. Shoesmith will continue to serve as a director of the Company. Mr. Richard Kelertas has been appointed interim CEO. "We wish [...]
Celeste Mining is pleased to announce that it has engaged Mr. Max Missiouk as an interim CFO of the Company. Mr. Missiouk is a Certified Management Accountant and has a graduate degree with honours in Banking and Finance, as well as a postgraduate degree in Management. Mr. Missiouk has served as a controller and as an accounting manager in a number [...]
Celeste announces that it has negotiated a short term financing arrangement with its largest shareholder, Liberty Metals & Mining Holdings. Pursuant to the terms of a promissory note Liberty Metals will make available up to $1 million dollars to the Company to pay ongoing operating expenses. Advances may be made from time to time as required by [...]
Celeste Mining reports that its Board of Directors has voted to terminate the consulting contract with Mr. Farhad Abasov and end his role as non-executive Chairman of the board of directors of the Company. Mr. Abasov remains a director of Celeste, but does not hold any management position.
Celeste reports further drill results from its continuing underground drill program being carried out by Cornish Minerals in the Dolcoath section of the South Crofty project. Celeste has an earn-in agreement to acquire 100 per cent of Cornish Minerals. Highlights of the recent drill results include 3m @ 2.5% tin equivalent and 4m @ 1.1% tin [...]