Athabasca Minerals Inc. , together with its subsidiaries announces today that it has closed the previously announced transaction contemplated by the subscription agreement between the Corporation and Badger Mining Corporation providing for the acquisition of the Corporation by the Purchaser. The Transaction follows the Corporation's filing of the [...]
Athabasca Minerals Inc. announced today that it has applied to delist its common shares from the TSX Venture Exchange . The delisting is being pursued in accordance with the terms of the subscription agreement between the Corporation and Badger Mining Corporation dated February 9, 2024 , whereby, among other things, Badger will acquire all of the [...]
Athabasca Minerals Inc. announce that it has obtained an order from the Court of King's Bench of Alberta on March 8, 2024 in support of its restructuring efforts under the Notice of Intention to Make a Proposal . This Order extends the current stay period to April 22, 2024 , amending and restating the stay extension announced on January 26, 2024 [...]
Athabasca Minerals Inc. , together with its subsidiaries announces today that it has entered into a transaction agreement with Badger Mining Corporation for the acquisition of the Corporation by Badger . The Transaction is to be implemented by way of a subscription agreement between the Corporation and the Purchaser, and a reverse vesting order to [...]
Athabasca Minerals Inc. , together with its subsidiaries announces that it has obtained an order from the Court of King's Bench of Alberta on January 26, 2024 in support of its restructuring efforts under the Notice of Intention to Make a Proposal . This order extends the current stay period to March 11, 2024 , amending and restating the initial [...]
As previously announced on November 14, 2023, Athabasca Minerals Inc. , together with its subsidiaries commenced a restructuring process by filing Notices of Intention to Make a Proposal to its creditors under the provisions of Part III, Division 1 of the Bankruptcy and Insolvency Act , as amended . KSV Restructuring Inc. is acting as proposal [...]
Athabasca Minerals Inc. reports its financial and operating results for the three and nine months ended September 30, 2023 along with the associated Management's Discussion & Analysis . Athabasca also announces that Mr. Donald Paulencu has tendered his resignation as Director and Chairman of the Corporation. THIRD QUARTER FINANCIAL UPDATE The [...]
Athabasca Minerals Inc. announces the termination of the arrangement agreement dated September 20, 2023 between JMAC Energy Services LLC and Athabasca , resignation of Jon McCreary as director of the Corporation, the filing of a Notice of Intention to Make a Proposal to its creditors under the provision of Part III, Division of the Bankruptcy and [...]
Athabasca Minerals Inc. announces that, based on discussions with its auditors, the Corporation is required to amend and restate its audited consolidated financial statements for the years ended December 31, 2021 and December 31, 2022 and the associated Management's Discussion & Analysis, as well as the interim condensed consolidated financial [...]
Athabasca Minerals Inc. announces that it has entered into a definitive arrangement agreement with JMAC Energy Services LLC pursuant to which the Purchaser has agreed to acquire all of the issued and outstanding common shares of Athabasca , other than Athabasca Shares already owned or controlled by the Purchaser, or persons or entities related to [...]
Athabasca Minerals Inc. , announces its Q2 Financial Statements for the second-quarter ending June 30, 2023. The Q2 2023 Financial Statements and Management's Discussion and Analysis are available on SEDAR+ at www.sedarplus.ca and on the Corporation's website at www.athabascaminerals.com. Q2 2023 HIGHLIGHTS Signed multi-year transload agreement for [...]
Athabasca Minerals Inc. announced today that it has executed and closed a definitive sale agreement with an independent, arm's length purchaser, to divest of certain non-core assets within the aggregates division for total cash consideration of C$3.2 million, before normal closing adjustments. The Sale Agreement had a closing date of June 27, 2023 [...]