Pine Point Mining are pleased to announce the successful completion of their previously-announced arrangement pursuant to which, among other things, Osisko Metals acquired all of the issued and outstanding shares of Pine Point, and a newly-formed corporation, Generation Mining, has been created to hold all of the assets and liabilities of Pine [...]
Osisko Metals and Pine Point Mining are pleased to announce that Pine Point has received final approval from the Ontario Superior Court of Justice for the proposed arrangement pursuant to which, among other things, Osisko Metals will acquire all of the issued and outstanding common shares of Pine Point, and a newly formed spinco, Generation Mining [...]
Osisko Metals and Pine Point Mining are pleased to announce that the special resolution in connection with their previously announced proposed business combination to be completed by way of a plan of arrangement was overwhelmingly approved today at the special meeting of shareholders of Pine Point . Shareholder Approvals At the Meeting, the special [...]
Osisko Metals and Pine Point Mining are pleased to announce that they have entered into a definitive arrangement agreement dated December 15, 2017 pursuant to which, among other things, Osisko Metals has agreed to acquire all of the issued and outstanding common shares of Pine Point, and a newly formed company will be created to hold all of the [...]
Pine Point Mining is pleased to provide the results of a confirmation drill program designed to validate historical resources on five deposits at the Pine Point Project near Hay River. The program was planned to support the grade and extent of deposits discovered with extensive work by previous owner ComInco Ltd. The program involved the twinning [...]
Pine Point Mining is pleased to announce additional drill results from the summer program on at the L65 deposit at its Pine Point Project. These results, together with those announced August 8, 2017 news release, complete the assay results from the expansion area of the L65 deposit. Assays have been received for the 17 more drill holes. Several L65 [...]
Pine Point Mining is pleased to report that it has remobilized a drill rig at its Pine Point lead-zinc project near Hay River in the Northwest Territories. The drill will begin testing several anomalies outlined in an ongoing ground gravity survey which began in August. To date, 50.7 line kilometres of a 97-kilometre survey have been completed. The [...]
Pine Point Mining Ltd. is pleased to announce it has received positive results from initial independent metallurgical testing of sample material from one of the deposits at the Pine Point project in the Northwest Territories. This test work was done on a composite sample from four drill holes from the L36 deposit. This deposit is historical and was [...]
Pine Point Mining is pleased to announce that Quantec Geoscience has begun a ground gravity survey over several underexplored portions of the Company's large lead-zinc property near Hay River. The survey will include 97 line-kilometres at 100 metre line spacing, and follow-up with 50 metre lines where any anomalies are identified. Modelling of [...]
Pine Point Mining is pleased to announce that is has negotiated and signed two Exploration Agreements with three First Nations groups in the Northwest Territories. The first agreement is jointly between the Deninu Kue First Nation (DKFN) and the Fort Resolution Metis Council and the second exploration agreement is with the [...]
Pine Point Mining is pleased to announce that is has closed its previously announced non-brokered private placement through the issuance of 8,000,000 units at a price of $0.25 per Unit for gross proceeds of $2,000,000. Each Unit consists of one common share and one-half of one Common Share purchase warrant. Each whole Warrant entitles the holder [...]
Pine Point Mining is pleased to announce that the Company has arranged to complete a non-brokered private placement of up to 8,000,000 units at a price of C$0.25 per unit for gross proceeds of C$2,000,000. Each Unit to be issued in the private placement will consist of one common share in the capital of the Company and one half common share [...]