Mountain Lake Minerals has arranged an $88,000 interim bridge loan financing from various directors, officers, and other private investors of the Company. Under the terms of the financing, the Loan will be interest free and repayable by the Company on or before September 30. The Company expects to repay the Loan from the proceeds of the sale of a [...]
Mountain Lake Minerals is pleased to announce it has entered into an Option and Joint Venture Agreement, granting Votorantim Metals Canada an option to earn a 70% interest in the Goodwin Lake nickel-zinc property located in the Brunswick Mining Camp, New Brunswick. Mountain Lake owns an undivided 100% interest in the Property, subject to a one [...]
Mountain Lake Minerals reports the amendment to the terms of the two net smelter returns royalty agreements on its Goodwin Lake property, located in Bathurst Mining Camp of New Brunswick. The Company owns an undivided 100% interest in the Property, subject only to a one percent (1%) NSR reserved to Northeast Exploration Services, and another one [...]
Mountain Lake Minerals is pleased to report that on January 17, 2013 the Government of Newfoundland and Labrador, Department of Natural Resources - Mineral Lands Division confirmed the renewal of the Mining Lease for the Company's 100% owned Glover Island Gold Property. The Mining Lease covers 1,925 hectares and two Mineral Exploration Licenses [...]
Mountain Lake Minerals is pleased to provide a corporate overview as it begins trading on the Canadian National Stock Exchange. Mountain Lake Minerals is a new exploration company that was spun out of the July 2012 acquisition of Mountain Lake Resources by Marathon Gold. The acquisition resulted in MOZ consolidating 100% ownership in the Valentine [...]
Mountain Lake Minerals is pleased to report that, subject to fulfillment of all listing requirements of the Canadian National Stock Exchange ("CNSX"), the common shares of Mountain Lake will be listed for trading on the CNSX at the opening of trading on Tuesday, October 30, 2012. Mountain Lake's trading symbol will be "MLK".
Mountain Lake Minerals announces the resignation of Allen Sheito as Executive Chairman and Director of the Company for personal reasons. The Board of Directors thanks Allen for his contribution to the Company and wishes him every success in his future endeavours.
Marathon Gold today announced the completion of the previously announced plan of arrangement pursuant to which Marathon has acquired all of the outstanding common shares of Mountain Lake. The transaction consolidates Marathon's and Mountain Lake's respective 50% interests in the Valentine Lake Project in Newfoundland, Canada, resulting in Marathon [...]
Marathon Gold today announced that the Supreme Court of British Columbia has approved the previously announced arrangement whereby Marathon Gold will acquire all of the outstanding common shares of Mountain Lake Resources to consolidate Mountain Lake's and Marathon's respective 50% interests in the Valentine Lake Project, resulting in Marathon [...]
Marathon Gold is pleased to report that its shareholders have voted overwhelmingly in favour of the issuance of common shares of the Company to the security holders of Mountain Lake Resources in connection with the previously announced proposed arrangement between Marathon and Mountain Lake. Marathon's shareholders voted 99.9% in favour of the [...]
Marathon Gold and Mountain Lake today announced the signing of a binding arrangement agreement, whereby Marathon will acquire all of the outstanding common shares of Mountain Lake. The transaction will consolidate Marathon's and Mountain Lake's respective 50% interests in the Valentine Lake Project in Newfoundland, Canada, resulting in Marathon [...]