Further to their January 24, 2014 news release, Kerr Mines and Bear Lake Gold are pleased to announce that they have entered into an arrangement agreement dated as of February 25. Under the terms of the Arrangement Agreement, Kerr Mines will issue 1.4 units of Kerr Mines in exchange for every one (1) common share of Bear Lake pursuant to a plan of [...]
Kerr Mines and Bear Lake Gold are pleased to announce that they have entered into a letter agreement to combine the two companies. Transaction Details: Under the terms of the letter agreement, Kerr Mines proposes to issue 1.4 units of Kerr Mines for every one (1) common share of Bear Lake. Each Unit will consist of one Kerr Mines share and one-half [...]
Kerr Mines is pleased to announce that, further to its press release of December 30, 2013, it has completed its $5.35 million private placement which was approved by shareholders at its annual and special meeting held on December 19, 2013. In connection with the final tranche, the Company has issued 35,000,000 units of the Company (the "Units") at [...]
Kerr Mines is pleased to announce that it has entered into a letter agreement with American Bonanza Gold pursuant to which Kerr Mines and American Bonanza will merge their respective businesses pursuant to an amalgamation or plan of arrangement. Under the terms of the Letter Agreement, each American Bonanza shareholder will be entitled to receive [...]
Armistice Resources is pleased to announce that it has changed the name of the Company to "Kerr Mines Inc.". Shareholders of the Company approved, among other things, the name change at the annual and special meeting of the Company held on December 19, 2013. Effective at the opening of the market on or about January 15, 2014, the common shares of [...]
Armistice Resources announces that further to its press releases of November 21, 2013 and December 4, 2013, it has completed the second tranche of a debt settlement pursuant to a debt conversion agreement with an arm's length creditor, and certain other parties, pursuant to which the Company agreed to settle, in two tranches, an aggregate of [...]
Armistice Resources announces that it has issued 78,000,000 units of the Company, by way of private placement to certain arm's length and non-arm's length investors at a price of $0.05 per Unit for total gross proceeds of approximately $3.9 million. Each Unit is comprised of one common share and one Common Share purchase warrant, each Warrant [...]
Armistice Resources announces that further to its press release of November 21, 2013, it has completed the first tranche of a debt settlement pursuant to a debt conversion agreement with an arm's length creditor, and certain other parties, pursuant to which the Company agreed to settle, in two tranches, an aggregate of $4,000,000 of outstanding [...]
Armistice Resources announces that it has entered into a debt conversion agreement with an arm's length creditor, and certain other parties, pursuant to which the Company intends to settle, in two tranches, an aggregate of $4,000,000 of outstanding indebtedness owed by the Company. In the first tranche, the Company will issue an aggregate of [...]
Armistice Resources is pleased to announce the appointment of David Beilhartz, B.Sc., P.Geo. as Vice-President Exploration effective immediately. "We are extremely pleased to welcome David to our management team. David brings a wealth of knowledge on the Abitibi Greenstone belt and has a proven track record for discovery. His experience will allow [...]
Armistice Resources, operator of the McGarry gold mine in Ontario's Kirkland Lake area, announces the resignation of Todd J. Morgan as President, Chief Executive Officer, and a Director of the company and has appointed 30-year mining industry veteran Greg Gibson as the Chief Executive Officer and President of the company effective immediately. In [...]
Canada NewsWire TORONTO, Aug. 19, 2013 Completion of internal tailings pond dam at QMX's facilities enables processing to begin of Armistice's ore from the McGarry Gold Mine Shipments of first 10,000 tonnes for processing continuing to be followed by further deliveries of 5,000-tonnes batches TORONTO, Aug. 19, 2013 /CNW/ - Armistice[...]