TORONTO, Dec. 20, 2016 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") has signed and closed a US$6.5 million Secured Copper Prepayment Agreement and US$5.0 million Copper Purchase and Working Capital Facility with Auramet International LLC. The arrangements have been entered into with respect to RNC's 30% share of the copper and other metals produced at [...]
TORONTO, Dec. 13, 2016 /CNW/ - RNC Minerals' (TSX: RNX) (OTCQX: RNKLF) 68% owned subsidiary True North Nickel ("TNN") is pleased to announce further exploration results that include the recently completed interpretation of the first Induced Polarization ("IP") survey on its district scale 224 km2 Qiqavik high grade Gold-Copper property in Nunavik [...]
TORONTO, Nov. 28, 2016 /CNW/ - RNC Minerals ("RNC") (TSX: RNX) (OTCQX: RNKLF) welcomes the announcement on November 27, 2016 of a nickel offtake agreement entered into by Western Areas Ltd. and the Tsingshan Group ("Tsingshan"), China's largest stainless steel producer, as further validation of RNC's roasting approach as a more valuable alternative [...]
RNC will host a call/webcast on November 14 at 10:00 a.m. (Eastern Time) to discuss second quarter 2016 results. North American callers please dial: 1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click [here] (replay access information below). TORONTO, Nov. 14, 2016 /CNW/ - RNC Minerals ("RNC") (TSX [...]
RNC Minerals is pleased to announce that it has closed a comprehensive refinancing package with Auramet International LLC to fund the repayment of all obligations arising under the Senior Secured Metal Prepay Agreement with LRC-SLM L.P. and provide financial flexibility for the ongoing ramp-up and development of the Beta Hunt Mine.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, Sept. 26, 2016 /CNW/ - RNC Minerals ("RNC") (TSX: RNX) is pleased to announce that, further to its news release dated September 9, 2016, Eric Sprott beneficially now owns, through his holding company 2176423 Ontario Ltd., approximately 10% of the issued [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Sept. 23, 2016 /CNW/ - RNC Minerals ("RNC") (TSX: RNX) is pleased to announce that it has closed its previously announced bought deal private placement offering (the "Offering") of 27,059,500 units of RNC (the "Units"), including the full exercise of [...]
TORONTO, Sept. 19, 2016 /CNW/ - RNC Minerals' (TSX: RNX) (OTCQX: RNKLF) 68% owned subsidiary True North Nickel ("TNN") has discovered two new high grade gold mineralized zones at its Qiqavik Project in Northern Quebec. The new discoveries have extended the district-scale mineralized trend at Qiqavik to over 40 km, more than doubling the known [...]
Royal Nickel Corporation is pleased to announce it has registered "RNC Minerals" as a business name and will begin to conduct business under that name effective immediately. RNC Minerals will continue to trade on the TSX under the symbol RNX and on the OTCQX exchange under the symbol RNKLF. Mark Selby, President and CEO, commented, "The changes [...]
Royal Nickel is pleased to announce that it has amended the terms of its previously announced bought deal private placement financing to increase the size of the offering to $8,000,200. Under the terms of the Upsized Offering, a syndicate of underwriters led by Haywood Securities Inc. have agreed to purchase, on a bought deal private placement [...]
Royal Nickel is pleased to announce that it has entered into an agreement with Haywood Securities Inc., as lead underwriter on behalf of a syndicate of underwriters, under which the Underwriters have agreed to purchase, on a bought deal private placement basis, 17,648,000 units of RNC, at a price of $0.34 per Unit for gross proceeds of $6,000,320 [...]
Royal Nickel is pleased to report a strong start to the third quarter at its Beta Hunt and Reed mines, and that it has bolstered its team with the appointment of Kevin Small to the position of Director of Mining Operations. Mark Selby, President and CEO, commented, "The Beta Hunt mine ramp-up continues to progress, with mined gold production [...]