VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 17, 2014) - West Melville Metals Inc. (TSX VENTURE:WMM) ("West Melville" or "the Company") has elected to exercise its right under the amendment to the Fraser Bay Option Agreement (the "Agreement") between West Melville and Roche Bay plc ("Project Vendor") executed on May 10, 2013 by issuing 200,000 [...]
West Melville Metals has signed an option agreement with Quirina Vasquez Vargas that secures an exclusive option for West Melville to acquire 100% ownership of the Alex Copper Property in Sonora. Under the terms of the agreement, West Melville has until May 31, 2014 to conduct due diligence following which it can secure a 100% interest in the [...]
West Melville Metals and Hunter Minerals have executed an amendment deed to the Isortoq Purchase Agreement whereupon signing, West Melville secured 100% ownership of the Isortoq Project. The Project Vendor is now proceeding with an application to the Bureau of Minerals and Petroleum of Greenland to transfer title for the exploration licenses that [...]
West Melville Metals and Hunter Minerals have agreed to amend the Isortoq Purchase Agreement to change the "Completion Date" from September 30, 2013 to November 15, 2013. The Completion Date is the date on which the Company will secure 100% ownership of the Isortoq Property by paying the Project Vendor the amount that is equal to US$2,500,000 less [...]
West Melville and Hunter Minerals have agreed to amend the Isortoq Purchase Agreement to change the "Completion Date" from July 31, 2013 to September 30, 2013. The Completion Date is the date on which the Company will secure 100% ownership of the Isortoq Property by paying the Project Vendor the amount that is equal to US$2,500,000 less the amounts [...]
West Melville announced today that the board of directors of the Company has approved an Advance Notice Policy effective on May 22, which will be presented to shareholders of the Company for ratification at its annual general meeting of shareholders on July 24. The Advance Notice Policy includes, among other things, a provision that requires [...]
West Melville announced today that the non-brokered private placement previously announced on May 6 has been over-subscribed and closed. A total of 10,450,000 units were issued at a price of $0.05 per unit for gross proceeds to the Company of $522,500. This represents an increase of 3,450,000 units over the announced offering.
West Melville and Roche Bay have agreed to amend the Fraser Bay Option Agreement to extend the dates by which the first and second options must be exercised from September 30, 2013 to December 1, 2014 for the first option and from December 31, 2015 to April 15, 2017 for the second option. In consideration for granting the extensions, the Company [...]
West Melville today announced that it intends to complete a non-brokered private placement of up to 7,000,000 units at a price of $0.05 per unit for gross proceeds of $350,000. Each unit will consist of one common share and one common share purchase warrant. Each whole common share purchase warrant will be exercisable into one common share for a [...]
West Melville today announced the appointment of Ms. Brenda Nowak as Corporate Secretary, effective immediately. As Corporate Secretary, Ms. Nowak will be responsible for legal and regulatory compliance activities and assisting with equity financings, joint ventures and general corporate/commercial work. Ms. Nowak has over 16 years of work [...]
West Melville today announced the completion and filing of the National Instrument 43-101 Technical Report for the Isortoq Iron-Titanium-Vanadium Project located in southern Greenland. The report describes an initial global Inferred Mineral Resource Estimate for the Isortoq Project of 70.3 million tonnes grading 29.6% total iron (Fe), 10.9 [...]