Kerr Mines and American Bonanza Gold are pleased to announce that, further to their press releases of January 23, 2014 and April 7, 2014, the companies have entered into a definitive arrangement agreement dated as of April 10, 2014. Pursuant to the terms of the Arrangement Agreement, Kerr Mines each American Bonanza shareholder will be entitled to [...]
TORONTO, ONTARIO--(Marketwired - Apr 9, 2014) - Kerr Mines Inc. ("Kerr Mines") (TSX:KER) announces that it intends to issue 190,934,163 units (the "Units") pursuant to the terms of an arrangement agreement dated February 25, 2014 between Kerr Mines, Bear Lake Gold Ltd. ("Bear Lake") and a wholly-owned subsidiary of Kerr Mines (the "Arrangement [...]
Kerr Mines and American Bonanza Gold announce that further to their respective press releases of January 23, 2014, they confirm that negotiations are continuing with respect to a definitive agreement pursuant to which Kerr Mines and American Bonanza will merge their respective businesses pursuant to a plan of arrangement. The parties anticipate to [...]
TORONTO, ONTARIO--(Marketwired - Mar 27, 2014) - Kerr Mines Inc. (TSX:KER) (the "Company") announces the commencement of a 6,000-metre underground exploration drill program on the McGarry Deposit in Larder Lake. The Company has retained the services of Cabo Drilling of Kirkland Lake who have mobilized to site in Virginiatown, Ontario. The Company [...]
TORONTO, ONTARIO--(Marketwired - Mar 25, 2014) - Kerr Mines Inc. (TSX:KER) (the "Company") announces that further to its press release of March 3, 2014 announcing a proposed private placement of up to $5million (the "Offering"), it has completed the first tranche consisting of 42million common shares of the Company (the "Common Shares") at a price [...]
TORONTO, ONTARIO--(Marketwired - Mar 3, 2014) - Kerr Mines Inc. (TSX:KER) (the "Company") announces that it intends to complete a proposed private placement offering of up to 100,000,000 common shares of the Company at a price of $0.05 for gross proceeds of $5 million (the "Offering"). The Company will use the net proceeds from the Offering for [...]
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 [...]