Castillian has acquired all of the issued and outstanding shares of Ridgemont Iron Ore. Ridgemont shareholders received 0.593 of a Castillian common share for each common share of Ridgemont held. Following completion of the Transaction, Castillian has 130.5 million common shares outstanding (153.9 million common shares on a fully-diluted basis [...]
Castillian and Ridgemont are pleased to announce that the previously announced plan of arrangement between Ridgemont and Castillian was approved by Ridgemont shareholders at Ridgemont's annual and special meeting held on June 24 in Vancouver. Pursuant to the Arrangement, Castillian will acquire 100% of the outstanding common shares of Ridgemont by [...]
Castillian and Ridgemont Iron Ore are pleased to announce that Ridgemont's information circular with respect to the previously announced plan of arrangement with Castillian has been filed with Canadian securities regulators and is being mailed to Ridgemont shareholders of record as of May 17. Ridgemont's mailing of the Circular follows its receipt [...]
Castillian Resource and Ridgemont Iron Ore have signed a definitive arrangement agreement pursuant to which Castillian will acquire all of the outstanding shares of Ridgemont by way of a plan of arrangement under the Business Corporations Act. The Agreement contains the principal terms and conditions set out in the binding letter of intent (the [...]
Castillian and Ridgemont Iron Ore have entered into a binding letter of intent pursuant to which Castillian and Ridgemont will enter into a plan of arrangement whereby Castillian will acquire all of the outstanding shares of Ridgemont and Ridgemont will become a wholly owned subsidiary of Castillian. Under the terms of the Transaction, shareholders [...]
Ridgemont Iron Ore announces that the Company has amended the exercise price of certain incentive stock options previously granted to an investor relations service provider who is not an insider of the Company. The IR Consultant now holds 200,000 stock options expiring on March 9, 2016, and 100,000 stock options expiring on July 27, 2017, with all [...]
Ridgemont Iron Ore is pleased to announce that the final set of assay results have been received from the 2012 drill program on its wholly-owned Lac Virot Iron Project, located in the southern Labrador Trough. Ridgemont is also pleased to announce the completion of its 2012 drill program. A total of 11,713 metres in 42 holes was drilled this year.
Ridgemont Iron Ore announces that it has terminated the Option Agreement dated July 27, 2010, between the Company and Logan Resources Ltd. pursuant to which Logan granted Ridgemont an option to acquire a minimum of 50% and a maximum of 75% of its interest in the Redford property located on Vancouver Island, British Columbia. Ridgemont has [...]
Ridgemont proposes to extend the expiry date of 15,531,000 warrants exercisable to purchase one common share of the company at an exercise price of $0.25 per share from the expiry date of November 19, 2012, to November 19, 2013. The Warrants were issued on November 19, 2010, in connection with a non-brokered private placement financing. The [...]
Ridgemont is pleased to announce the first set of drill results from the ongoing drill program on its wholly-owned Lac Virot Iron Project, located in the southern Labrador Trough. To date, Ridgemont has completed and received assay results for 9 diamond drill holes totalling 2,700 metres. Highlights include:
Ridgemont is pleased to announce that, further to the press release by the Company on May 30, 2012, it has closed the transaction to acquire certain mineral claims in Nunavut, forming part of the Maguse River Iron Project in accordance with the terms of a Purchase and Sale Agreement between Ridgemont and Mr. Mark Raguz. Pursuant to the terms of the [...]
