Silver Standard and Claude Resources are pleased to announce that Silver Standard's acquisition of Claude Resources is complete. Paul Benson, President and CEO said, "Adding the Seabee Gold Operation together with Silver Standard's Marigold and Pirquitas mines creates a quality intermediate precious metals producer, having both scale and margin [...]
Silver Standard Resources and Claude Resources are pleased to announce the receipt of the required shareholder approvals for the previously announced Plan of Arrangement. On closing of the Arrangement, all of Claude Resources issued and outstanding common shares will be exchanged on the basis of 0.185 of a Silver Standard common share and C$0.001 [...]
Claude Resources today reported first quarter adjusted net earnings of $9.1 million ($0.05 per share) before a non-cash deferred income tax expense of $1.9 million and $1.2 million of transaction costs related to the proposed acquisition of Claude by Silver Standard, representing a 78% improvement from the first quarter of 2015 (Q1 2015: $5.1 [...]
Claude Resources today announced that ISS Proxy Advisory Services ("ISS") and Glass, Lewis & Co., two leading independent proxy advisory firms, have recommended that the Company's shareholders vote FOR the Plan of Arrangement through which Silver Standard Resources will acquire all of the issued and outstanding common shares of the Company. In [...]
Claude Resources will release its first quarter financial and operating results prior to market open on May 5, 2016. In addition to the news release, the Company will host a conference call and webcast on May 5, 2016 at 11:00 AM Eastern Time to discuss the results. To participate in the conference call, please dial 1-888-201-0168 or 1-647-788-4901 [...]
Claude Resources today announces the SEDAR filing and mailing of the shareholder meeting materials for the previously announced Plan of Arrangement with Silver Standard Resources Inc. As Claude announced by press release on March 7, 2016, this is a negotiated transaction recommended by Claude's Board whereby Silver Standard will acquire each [...]
Claude Resources today reported strong first quarter gold production of 20,672 ounces. During the quarter, the Seabee Gold Operation milled 74,179 tonnes at a grade of 8.99 grams of gold per tonne with an average mill recovery of 96.5 percent. While first quarter gold production was consistent from the comparable period in 2015, gold sales were up [...]
Claude Resources today reported 2015 net earnings of $32.3 million ($0.17 per share), after a non-cash deferred income tax recovery of $4.4 million, compared to net earnings of $4.6 million in 2014. The improved operating and financial performance in 2015 increased the Company's cash and bullion (2) position by $28.6 million to $39.8 million year [...]
Claude Resources announces continued positive results from its 2015 underground and recently commenced 2016 surface drill programs at its 100% owned Santoy Mine Complex. In addition, the Company announces an 83,000 metre drill program at the Seabee Gold Operation for 2016. Brian Skanderbeg, President and CEO commented, "Our drill results continue [...]
Claude Resources will release its 2015 fourth quarter and annual financial and operating results after market close on March 30, 2016. In addition to the news release, the Company will host a conference call and webcast on March 31, 2016 at 11:00 AM Eastern Time to discuss the results. To participate in the conference call, please dial [...]
Claude Resources today reported that during 2015 its 100 percent owned Seabee Gold Operation exceeded revised guidance and achieved record annual gold production of 75,748 ounces. The record performance in 2015 was a result of a 20% improvement in grade along with strong mill recoveries of 96.3% on 277,368 tonnes milled. In addition, 2015 gold [...]
Claude Resources today reported that during 2015 its 100 percent owned Seabee Gold Operation exceeded revised guidance and achieved record annual gold production of 75,748 ounces. The record performance in 2015 was a result of a 20% improvement in grade (8.82 grams of gold per tonne) along with strong mill recoveries of 96.3% on 277,368 tonnes [...]
