TORONTO, ONTARIO--(Marketwired - Oct 2, 2014) - Kerr Mines Inc. (TSX:KER) (the "Company") is pleased to announce that, further to its press release of August 27, 2014, it has completed a private placement of 14.5 million units of the Company (the "Units") at a price of $0.30 per Unit for total aggregate proceeds of $4.3 million. Each Unit is [...]
Kerr announces that it intends to complete a proposed private placement offering of up to 16,666,667 units of the Company at a price of $0.30 per Unit for gross proceeds of up to $5 million. Each Unit will be comprised of one common share and one-half of one Common Share purchase warrant, each Warrant entitling the holder thereof to acquire a [...]
San Gold and Kerr Mines are pleased to announce that, further to their joint press release of July 21, 2014, the companies have entered into a definitive agreement to merge their respective businesses pursuant to a plan of arrangement. "I am very pleased with the deal we have structured. We've fixed a lot of problems over the past few months at [...]
TORONTO, ONTARIO--(Marketwired - Aug 5, 2014) - Further to its press release of July 25, 2014, announcing the consolidation of its common shares, Kerr Mines Inc. (TSX:KER) ("Kerr") would like to clarify that its listed warrants (the "Warrants") to purchase common shares of Kerr (each a "Kerr Share") began trading on the Toronto Stock Exchange under [...]
TORONTO, ONTARIO--(Marketwired - Jul 31, 2014) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) is pleased to announce the closing of a $3,000,000 offering (the "Offering"). Pursuant to the terms of a share purchase agreement (the "Agreement") dated July 28, 2014 between the Company, Pinetree Resource Partnership (the "Partnership") and [...]
TORONTO, ONTARIO--(Marketwired - Jul 25, 2014) - Kerr Mines Inc. ("Kerr Mines" or the "Company") (TSX:KER), announces that it has filed articles of amendment giving effect to the consolidation (the "Consolidation") of its issued and outstanding common shares ("Common Shares"), on a one (1) for fifteen (15) basis. The Consolidation was approved by [...]
San Gold and Kerr Mines are pleased to announce that they have entered into a non-binding letter of intent pursuant to which San Gold and Kerr Mines have agreed to merge their respective businesses pursuant to a plan of arrangement. "This combination reflects our new strategy of operating multiple, efficient high grade gold mines that are located [...]
Kerr Mines and American Bonanza Gold are pleased to announce that Kerr Mines has acquired all of the issued and outstanding common shares of American Bonanza by way of plan of arrangement under the Business Corporations Act. The Arrangement was approved by Kerr Mines shareholders by written consent, by American Bonanza shareholders at its annual [...]
Kerr Mines announces that it intends to issue up to 594,228,760 common shares pursuant to the terms of an arrangement agreement dated April 10, 2014 between Kerr Mines, American Bonanza Gold and a wholly-owned subsidiary of Kerr Mines. Pursuant to the terms and conditions of the Arrangement Agreement, Kerr Mines will acquire all of the issued and [...]
Kerr Mines and Bear Lake Gold are pleased to announce that Kerr Mines has acquired all of the issued and outstanding common shares of Bear Lake by way of plan of arrangement under the Business Corporations Act (Ontario). The Arrangement was approved by Kerr Mines shareholders by written consent, by Bear Lake shareholders at their shareholder [...]
Kerr Mines announces that it has completed its previously announced private placement of up to $5 million. In connection with the final tranche, the Company has issued 20 million common shares (the "Common Shares") of the Company at a price of $0.05 per Common Share for total aggregate proceeds of $1 million. The Company paid finders' fees equal to [...]
American Bonanza and Kerr Mines announce that they have entered into debt conversion agreements with various creditors, pursuant to which the parties have agreed to settle an aggregate of approximately $22.1 million of outstanding indebtedness owed by American Bonanza. American Bonanza will issue an aggregate of up to 886,790,228 common shares to [...]