Mill City Gold is pleased to announce that effective August 21, 2015, the Company changed its name to FPS Pharma Inc. The Company is also pleased to announce that FPS Pharma Inc. has received a Letter of Conditional Approval to list the common shares of FPS Pharma Inc. on the Canadian Securities Exchange. The listing is subject to completion of the [...]
Mill City Gold is pleased to announce it has signed a Letter of Agreement dated August 3, 2015, to acquire 100% of the issued and outstanding shares of Florida Pharmacy Solutions, a pharmaceutical compounding company located in Zephyrhills, FL, a suburb of metropolitan Tampa Bay. FPS is a Florida incorporated company and is controlled by James [...]
Mill City Gold is pleased to announce it is currently reviewing and evaluating a number of opportunities in the pharmaceutical compounding space. Pharmaceutical compounding is a branch of pharmacy that continues to play a crucial role of drug development. Compounding is the creation of a particular pharmaceutical product to fit the unique need of a [...]
Mill City Gold is pleased to announce that a Director and Officer of the Company has exercised 20 million warrants and 1.5 million stock options. The Company now has a total of 53,977,030 shares issued and outstanding.
Mill City Gold announced today that it will be proceeding with an application to the TSX Venture Exchange to effect a 2-for-1 share split of the outstanding common shares of the Company. The Directors of the Company approved the 2-for-1 share split by way of a directors' resolution dated August 26, 2014.
Mill City Gold announced today that it has provided notice to Temex Resources to extend for one year the time required to complete the Work Commitment as that terms is defined in the September 21, 2010 Letter Agreement between the Company and Temex. Pursuant to the Letter Agreement, Mill City is required to issue 125,000 common shares to Temex [...]
Mill City would like to take this opportunity to update its shareholders with recent events. Mill City is pleased to report that it has signed a Letter Agreement with PT Mega Malindo of Jakarta, Indonesia wherein Malindo has agreed to vend a 70% interest in the Entikong Gold Project to the Company in return for a 2% net smelter return. Pursuant to [...]
Mill City announced today that the Company will not be proceeding with an agreement to purchase up to a 75% interest in the North East Tanjung Block, an onshore oil and gas concession located in Indonesia. The vendor of the Indonesian project has been unable to raise the required funds to complete the reverse takeover. The details of the [...]
Mill City announced today that it is undertaking a private placement to raise up to US$40 million through the sale of up to 80 million units at a price of US$0.50 per Unit. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will be exercisable to purchase one common share [...]
Mill City is pleased to announce the signing of a revised Letter of Intent to purchase up to a 75% working interest in the North East Tanjung Block, an onshore Indonesian gas concession and Production Sharing Contract with a 30 year contract term including an initial 6 year exploration period, from PT Trimata Energi Investama ("PTTEI"), an [...]
Mill City is pleased to announce the signing of a Letter of Intent ("LOI") to purchase up to a 60% interest in the North East Tanjung Block, an onshore Indonesian gas concession and Production Sharing Contract with a 30 year contract term including initial 6 year exploration period, from PT Anugerah Trimata Kaltim Energi, an Indonesian limited [...]
Mill City is pleased to provide a continuing update on the execution of the Company's ongoing reorganization plan. The plan is designed to give shareholders a fresh opportunity to take advantage of some of the compelling project values available today in the mining industry. As previously stated in its December 19, 2013 news release