Karora Resources Inc. is pleased to announce it has reached an agreement to sell its 28% interest in the Dumont Nickel Project to two private funds advised by Waterton Global Resource Management, Inc. for total consideration of up to $48 million, subject to the terms and conditions of the sale agreement. At closing Karora will receive $10.7 [...]
Karora Resources Inc. is pleased to report that it has closed the previously announced subscription agreement with Eric Sprott and another institutional investor . Karora has issued a total of 36.5 million common shares at $0.506 per share, which is the same price per share that had been agreed with Maverix Metals Inc. . The proceeds of this share [...]
Karora Resources Inc. is pleased to announce another strong quarter with consolidated gold production of 24,078 gold ounces for the second quarter of 2020 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the second quarter were 23,185 ounces. The difference in ounces sold vs. produced was sold during the first week of [...]
Karora Resources Inc. is pleased to announce that Eric Sprott has agreed to increase his ownership in Karora by 26 million shares. In a strategic move, Karora has worked alongside Maverix Metals Inc. to effectively place the entire planned share issuance previously announced June 30, 2020 . In lieu of issuing shares to Maverix, Karora will use the [...]
Karora Resources Inc. and Maverix Metals Inc. are pleased to announce an agreement to reduce the gold royalty at Karora's Beta Hunt mine which, at closing, will create a strategic partnership aligning both parties in unlocking the significant value at Beta Hunt for their respective shareholders. Maverix has agreed with Karora to reduce the royalty [...]
Karora Resources is pleased to announce that effective today, Wednesday, June 17, 2020, the Corporation's common shares and warrants will commence trading on the Toronto Stock Exchange under its new name and trading symbols - "KRR" and "KRR.WT", respectively. As described in Karora's management information circular dated May 8, 2020 available [...]
RNC Minerals is pleased to announce that effective Wednesday, June 17, 2020, the Corporation's common shares and warrants will commence trading on the Toronto Stock Exchange under the Corporation's new name, Karora Resources Inc., and its new trading symbols "KRR" and "KRR.WT", respectively. As described in RNC's management information circular [...]
RNC Minerals is pleased to announce the voting results of its annual meeting of shareholders held today in Toronto. Election of Directors The nominee directors listed in RNC's management information circular dated May 8, 2020 were elected as directors. Shareholders represented by proxy at the meeting voted as follows: Director Votes For Votes [...]
RNC Minerals is pleased to announce Institutional Shareholder Services has recommended that RNC shareholders vote FOR all proposals that are outlined in RNC's Notice and Information Circular dated May 8, 2020 prepared in respect of the annual and special meeting of RNC shareholders scheduled for June 11, 2020 at 10:00 a.m. . ISS is a prominent [...]
RNC Minerals is pleased to announce Glass Lewis & Co. has recommended that RNC shareholders vote FOR all proposals that are outlined in RNC's Notice and Information Circular dated May 8, 2020 prepared in respect of the annual and special meeting of RNC shareholders scheduled for June 11, 2020 at 10:00 a.m. . Glass Lewis is a leading independent [...]
Summary Paleochannel Project The paleochannel project is an integral component of HGO's expected Life of Mine Plan, with drilling to date focused on two priority areas within the paleochannel system – Mitchell and Jupiter. The paleochannel system extends for over 7 kilometres south of current mining operations and provides multiple exploration [...]
Royal Nickel Corporation dba. RNC Minerals is pleased to announce it has reached an agreement with Morgan Stanley Capital Group Inc. to terminate the remaining NSR royalty interests held by Morgan Stanley over a number of tenements at RNC's Higginsville Gold Operations , located in Western Australia, for a purchase price of US$9 million in cash [...]
