Alexandria Minerals and Murgor Resources are pleased to announce today the completion of Murgor's previously-announced arrangement under the Canada Business Corporations Act. The Arrangement was approved on February 24, 2015 by holders of Murgor common shares and Murgor stock options. The Superior Court of Québec granted its final order approving the Arrangement on February 25, 2015. Pursuant to the Arrangement, Alexandria acquired all of the Murgor Shares not already owned by it in exchange for 0.5 of a common share of Alexandria per Murgor common share (the "Share ... [...]
Murgor Resources is pleased to announce that it today obtained a final order from the Québec Superior Court with respect to Murgor's previously-announced Plan of Arrangement with Alexandria Minerals. It is expected that the Plan of Arrangement will become effective on Tuesday, March 10, 2015. The shares of Murgor will continue to trade on the TSX [...]
Murgor Resources is pleased to announce that it today obtained an interim order from the Québec Superior Court with respect to Murgor's previously-announced Plan of Arrangement with Alexandria Minerals. The Plan of Arrangement provides that holders of Murgor common shares will receive 0.50 of an Alexandria common share in exchange for each Murgor [...]
Alexandria Minerals and Murgor Resources are pleased to announce that they have entered into an arrangement agreement pursuant to which Alexandria will acquire all of the outstanding common shares of Murgor by way of a plan of arrangement under the Canada Business Corporations Act. Summary of Transaction Terms: Alexandria to acquire Murgor for [...]
Murgor Resources announced today that it has staked an additional 16 unit claim covering 256 hectares to cover the possible extension of a significant gold in soil anomaly at its Gullrock property in Red Lake. The Gullrock property is contiguous with Goldcorp's Red Lake property, approximately 10 kilometres SW and on strike with the Red Lake Mine [...]
Murgor released today a summary of results from its summer 2014 field work at its wholly owned Wydee project near Matachewan, Ontario. The Wydee Property is located 6 kilometres west-northwest of the Town of Matachewan, Ontario, where Aurico Gold operates the Young Davidson gold mine, a syenite-hosted gold deposit. The summer exploration program at [...]
Murgor Resources released today the preliminary results from a soil geochemistry exploration program carried-out at its 100% owned Gullrock property in Red Lake, Ontario. The soil geochemistry survey consisted of 535 samples of B-horizon soils located immediately east of Gullrock Lake, approximately 10 kilometres on strike with the Campbell-Red [...]
Murgor Resources released today the preliminary results from its first reconnaissance exploration program at its newly acquired Wydee Property, located 6 kilometres west-northwest of the Town of Matachewan, Ontario, where Aurico Gold operates the Young Davidson Gold mine. The exploration program consisted of geological mapping, prospecting [...]
Murgor is pleased to announced today that it has acquired a 100% interest in 44 contiguous claims (293 Units), covering 4,693 hectares located 6 kilometres west-northwest of the Town of Matachewan, where Aurico Gold operates the Young Davidson Gold mine. Reserves and resources at the Young Davidson Mine are currently reported at 5.5 million ounces [...]
Murgor Resources announced today that it has entered into an Agreement to sell a 1% NSR royalty from Cartier Resources on the Benoist property. Transaction Details On March 24, 2014, Murgor notified Cartier that it had received and accepted an offer from Gold Royalties to sell its 1% NSR Royalty interest in the Benoist Property in an all-share [...]
Murgor Resources announced today that it has entered into a binding letter of intent to sell its net smelter return (NSR) royalties to Gold Royalties Corporation on five of its gold exploration properties in Quebec, plus an option for a further NSR on one additional gold exploration property in Quebec. The royalties consist of:
Murgor Resources today announced that it has completed the sale of its remaining interest at the Windfall 29 Claims and 184 Claims Properties, as previously announced on March 13, 2014. Under the terms of the agreement, Murgor has received a cash payment of $250,000 and 9,500,000 common shares of Eagle Hill Exploration Corporation. In addition [...]
