Consolidated Uranium Inc. and Virginia Energy Resources Inc. are pleased to announce the completion of the previously announced arrangement whereby Consolidated Uranium has acquired all of the issued and outstanding common shares of Virginia Energy. Pursuant to the Arrangement, Consolidated Uranium has acquired 100% of the issued and outstanding [...]
Virginia Energy Resources is pleased to report that, at its special meeting of shareholders held today, shareholders approved the Company's previously announced acquisition by Consolidated Uranium Inc. As previously announced on November 15, 2022, the acquisition will be implemented by way of a plan of arrangement under the Business Corporations [...]
Virginia Energy Resources Inc. is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities the management information circular and related meeting materials of the Company for use at the special meeting of Virginia Energy shareholders to be held in connection with the proposed plan of arrangement under [...]
Virginia Energy Resources Inc. is pleased to announce that it has closed its concurrent private placement in connection with the proposed acquisition of Virginia Energy by Consolidated Uranium Inc. pursuant to a statutory plan of arrangement, which was previously announced on November 15, 2022. Under the terms of the Concurrent Private Placement [...]
Consolidated Uranium Inc. and Virginia Energy Resources Inc. are pleased to announce that they have entered into a definitive agreement pursuant to which Consolidated Uranium will acquire all of the issued and outstanding common shares of Virginia Energy by way of a court-approved plan of arrangement. Virginia Energy owns 100% of the Coles Hill [...]
Virginia Energy Resources Inc. is pleased to announce the appointment of Joseph Mullin as President of the Company. Mr. Mullin was most recently the CEO and Director of QuestEx Gold & Copper, prior to its sale. He has over 20 years of experience in resource investing, corporate finance and private equity. Mr. Mullin began his career as a Financial [...]
Virginia Energy Resources is pleased to announce that it has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on approximately 1,000 acres of the Company's land. If the option is exercised, this solar project would generate low carbon energy for the local community [...]
Virginia Energy Resources Inc. is pleased to announce that pursuant to its news release dated August 26, 2021, the Company has completed the non-brokered private placement by issuing a total of 6.5 million common shares of the Company at a price of $0.20 per common share for gross proceeds of $1.3 million . The Offering remains subject to final [...]
Virginia Energy Resources is pleased to announce a proposed non-brokered private placement of up to 6.5 million common shares of the Company at a price of $0.20 per common share for gross proceeds of up to $1.3 million. The Private Placement is subject to certain conditions, including, but not limited to, receipt of all necessary approvals [...]
Virginia Energy Resources Inc. announces that unfortunately yesterday the Circuit Court of Wise County, Virginia issued a ruling against Virginia Energy's subsidiary, Virginia Uranium Inc. in its takings claim against the Commonwealth of Virginia. We are deeply disappointed with the Court's ruling. We are studying the opinion and considering all [...]
Virginia Energy Resources Inc. is pleased to announce the appointment of Mr. Andrew MacRitchie as Virginia Energy's Chief Financial Officer. Mr. MacRitchie is a Chartered Professional Accountant and has held management roles for several TSX Venture Exchange listed mining companies over his 20-year career. During that period, he has assisted in [...]
Virginia Energy Resources Inc. has granted 3,940,000 stock options to directors, officers and consultants of the Company, subject to TSX Venture Exchange approval. The options will have a term of 5 years, expiring on August 21, 2022, and will allow the holder to purchase a common share in the Company at a price of $0.15. Any shares issued on the [...]
