TORONTO, ONTARIO--(Marketwired - Jun 4, 2014) - Hornby Bay Mineral Exploration Ltd. (TSX VENTURE:HBE) ("Hornby Bay" or "Company") announces that it has issued a CDN$55,000 principal amount unsecured convertible promissory note (the "Note"). The Note will bear interest at a rate of 9% per annum, calculated annually and will be due two years from the [...]
TORONTO, ONTARIO--(Marketwired - Apr 23, 2014) - Hornby Bay Mineral Exploration Ltd. (the "Company") (TSX VENTURE:HBE) announces that, due to other time commitments, Maurice Colson has resigned as President and Chief Executive Officer of the Company effective immediately. Mr. Colson is also a member of the board of directors of the Company, and [...]
Hornby Bay Mineral Exploration is pleased to announce that it has completed a best efforts non-brokered private placement financing of $100,000 principal amount of unsecured promissory notes, as previously announced on March 14, 2014. The Notes are due 18 months from the date hereof and bear interest at a rate of 9.0% per annum, payable monthly [...]
Hornby Bay Mineral Exploration is pleased to announce that it intends to complete a best efforts non-brokered private placement financing of up to $100,000 principal amount of unsecured promissory notes. The Notes are due 18 months from the date of closing of the Financing and bear interest at a rate of 9.0% per annum, payable monthly. The Notes [...]
TORONTO, ONTARIO--(Marketwired - Dec 12, 2013) - Hornby Bay Mineral Exploration Ltd. (TSX VENTURE:HBE) ("Hornby Bay") announces that, further to the press releases dated October 23, 2013 and November 14, 2013, it has completed a consolidation and stock split of its issued share capital, which has resulted in the elimination of all shareholdings of [...]
Hornby Bay Mineral Exploration announces that, further to the press release dated October 23, 2013, it will effectuate a consolidation and stock split of its issued share capital, the implementation of which will result in the elimination of all shareholdings of less than 100 shares. This transaction was approved by the shareholders of the Company [...]
Hornby Bay Mineral Exploration announces a proposed consolidation and subsequent share split of its common shares in order to eliminate the number of odd-lot shareholdings that have evolved over the years. Reasons for Restructuring Hornby Bay currently has outstanding 57,785,150 Common Shares. Based on recent data, approximately 22,550 or 0.01% of [...]
Hornby Bay Mineral Exploration announces that it has completed a legal survey of the mineral rights underlying Hornby Bay's 5% net smelter royalty on the Copper Mountain Mine property holdings located near Penticton, British Columbia. The NSR covers approximately 4,000 acres or approximately 22.3% of the 18,000 acre property comprising the Copper [...]
Hornby Bay Mineral announces that it has granted an aggregate of 900,000 options to purchase common shares of the Company exercisable at a price of $0.12 per share for a period of 3 years to directors, officers, consultants and employees of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period [...]
Hornby Bay announces that it has closed a non-brokered private placement consisting of 1,000,000 flow-through units of the Company at a price of $0.10 per FT Unit, for aggregate gross proceeds of $100,000. The Company plans to use the proceeds of the Offering to upgrade the camp at its Nunavut Properties to comply with environmental regulations [...]
Hornby Bay Mineral Exploration announces that is has issued a secured debenture dated November 1, 2012 in favour of Beverley Brady in the principal amount of $1,500,000 and bearing interest at 3% per annum, calculated annually and maturing on November 1, 2017. The Company may extend the Maturity Date to November 1, 2022. As security for the [...]
Hornby Bay announces that it has granted an aggregate of 2,000,000 options to purchase common shares of the Company exercisable at a price of $0.10 per share for a period of 3 years to directors, officers, consultants and employees of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from [...]
