Nexa Resources and Karmin Exploration are pleased to announce that they have completed their previously announced plan of arrangement among Nexa, Karmin, Votorantim Metals Canada Inc., a wholly-owned subsidiary of Nexa, and Kar Gold Inc., described in their respective press releases issued on August 26, 2019 and October 24, 2019. Under the terms of [...]
Nexa Resources S.A. and Karmin Exploration are pleased to announce that Karmin has received a final order from the Court of Queen’s Bench of Alberta approving the previously announced plan of arrangement among the Company, Nexa Resources, Votorantim Metals Canada Inc., a wholly-owned subsidiary of Nexa Resources, and Kar Gold Inc., described [...]
Karmin Exploration Inc. and Nexa Resources are pleased to announce that Karmin has received a final order from the Court of Queen’s Bench of Alberta approving the previously announced plan of arrangement among the Company, Nexa Resources, Votorantim Metals Canada Inc., a wholly-owned subsidiary of Nexa Resources, and Kar Gold Inc., described [...]
Karmin Exploration is pleased to announce that, at a special meeting of shareholders of Karmin held earlier today, Shareholders approved a special resolution authorizing the previously announced plan of arrangement involving among other things, the acquisition of the Company by Votorantim Metals Canada Inc. for cash consideration of approximately [...]
Karmin Exploration Inc. announces that the Court of Queen’s Bench of Alberta granted the Company’s motion for an interim order authorizing various matters including the mailing of the management information circular and the holding of the special meeting of Karmin shareholders to be held on Wednesday, October 16, 2019 at 10:00 a.m. at [...]
Karmin Exploration is pleased to announce that the Company has entered into a definitive arrangement agreement with Nexa Resources pursuant to which Nexa will acquire all of the issued and outstanding shares of Karmin by way of statutory plan of arrangement. Under the terms of the Transaction, Karmin shareholders will receive US$69.3 million or [...]
Karmin Exploration is pleased to report that significant milestones have been reached concerning its 30% owned Aripuanã Zinc Lead Copper Silver Project which is a main near-term growth project being run by its partner Nexa Resources. Karmin has a 30% carried interest in Aripuanã and is not required to contribute to the project costs [...]
Further to our news release on July 27, 2018, Karmin Exploration completed the sale of all the shares of Karmin’s wholly-owned subsidiary Karmin Peru, which held its 100% interest in the Cushuro Gold Project, to One Valley International Ltd, One Valley Peru S.A.C. and its parent company VI Mining PLC, on January 27, 2019. VI Mining is a [...]
Karmin Exploration has entered into a share purchase agreement with One Valley Peru S.A.C. and its parent company VI Mining PLC for the sale of all the shares of Karmin’s wholly-owned subsidiary Karmin Peru, which holds its 100% interest in the Cushuro Gold Project. VI Mining is a public company in the United Kingdom whose shares trade on the [...]
Karmin Exploration is pleased to provide a progress update on its 30% owned Aripuanã Zinc Lead Copper Silver Project, including an update on current concentrate market conditions. Karmin has a 30% carried interest in Aripuanã, which is a main growth project being run by its partner Nexa Resources and is not required to contribute to [...]
Karmin Exploration is pleased to announce that the Preliminary Licence to develop Aripuanã Zinc Lead Copper Silver Project has been granted by the Environmental authorities of the State of Mato Grosso, Brazil after the approval by the Environmental State Council in a session held on April 25, 2018. The Preliminary Licence certifies that [...]
Karmin Exploration is pleased to announce the Company is undertaking a review of strategic alternatives with respect to its 30% carried interest in the Aripuanã Zinc Lead Copper Silver Project. The range of strategic alternatives under consideration will include financing alternatives for its participation in the development of [...]
