Mill City would like to take this opportunity to update its shareholders with respect to the Company's plans for 2014. Mill City completed a 17:1 share consolidation in June of this year followed by a private placement in November. These two events created the framework that will enable Mill City to move forward and build shareholder value. One of [...]
Mill City announces that it has granted directors of the Company and a consultant 2,200,000 incentive stock options. Each Stock Option is exercisable to purchase one common share at a price of $0.06 per share until November 13, 2018. The options shall vest as to 100% on the date of the grant. Janice Brown and James R. Brown were each granted [...]
This document corrects and replaces the press release previously issued yesterday at 19:30 EST. The date of March 11, 2014 in the 2nd paragraph has been changed to March 12, 2014. Mill City is pleased to announce that it has closed its previously announced non-brokered private placement of units (the "Offering"). The Company issued 10,000,000 units [...]
This document corrects and replaces the press release previously issued today at 6:16 PM EST. The second paragraph was added in this revised press release. Mill City Gold is pleased to announce that it has closed its previously announced non-brokered private placement of units. The Company issued 10,000,000 units at a price of $0.02 per unit with [...]
Mill City is pleased to announce that it has closed its previously announced non-brokered private placement of units. The Company issued 10,000,000 units at a price of $0.02 per unit with each unit consisting of one common share and one transferable common share purchase warrant, raising gross proceeds of $200,000. Each Warrant entitles the holder [...]
Mill City announces the approval and adoption by its Board of Directors of an advance notice policy. The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors of the Company. The Company is committed to: (i) facilitating an orderly and efficient annual general or [...]
Mill City announced today it is undertaking a non-brokered private placement to raise up to $200,000 through the sale of units of securities of the Company. The units will be priced at $0.02 per unit with each unit consisting of one common share and one common transferable share purchase warrant. Each Warrant entitles the holder thereof to purchase [...]
Mill City has cancelled the private placement originally announced in a news release on June 13, 2013 and amended in a news release on July 5, 2013. The Company has been unable to complete the private placement due to current market conditions.
Mill City has amended the terms of a private placement announced in a news release on June 13, 2013. The Company is now undertaking a non-brokered private placement financing of up to ten million units at a price of $0.02 per unit for gross proceeds of $200,000. Each unit consists of one common share (a "Share") and one common transferable share [...]
Mill City announced today it is undertaking a non-brokered private placement to raise up to $200,000 through the sale of units of securities of the Company. The units will be priced at $0.05 per unit with each unit consisting of one common share of the Company and one common share purchase warrant of the Company. Each warrant will be exercisable [...]
Mill City is consolidating its share capital as approved by shareholders at the general meeting held on June 4, 2013. The Company will trade on a consolidated basis of one new common share for every seventeen common shares currently issued and outstanding. The TSX Venture Exchange has accepted notice of the consolidation and the common shares will [...]
At the general meeting of shareholders of Mill City held today, the shareholders approved the proposed consolidation of the Company's fully paid and issued common shares on a ratio of one post consolidation common share for every seventeen pre-consolidation common shares. Of the shares represented to vote at the general meeting, 93.39 per cent [...]
