Abacus Mining & Exploration announces that the discussions regarding its proposed acquisition of Burnstone Ventures have been terminated. Despite extensive discussions to-date, the parties have been unable to reach agreement on suitable terms for a transaction in a definitive arrangement agreement, as contemplated by the previously executed letter [...]
Burnstone Ventures is pleased to announce that it has entered into a binding letter agreement with Abacus Mining & Exploration, to be followed by a definitive Arrangement Agreement, whereby Abacus will acquire all of the issued and outstanding securities of Burnstone by way of a statutory court-approved plan of arrangement. The Arrangement provides [...]
Burnstone Ventures announces that further to its news release dated July 19, 2013 the Company confirms that a total of 200,000 bonus shares at a deemed value of $0.05 per share will be issued to the arm's length lender. Any shares issued under the terms of the agreements described above are subject to approval of the TSX Venture Exchange and [...]
Burnstone Ventures announces the signing of a loan agreement with an arm's length lender of the Company to secure funds of C$50,000. Proceeds from the financing will be used by Burnstone for continued exploration at its Tomichi Copper and Molybdenum properties and for general working capital purposes. The Loan will mature on July 15, 2014 and carry [...]
Burnstone Ventures reports that it has filed an updated National Instrument 43-101 Technical Report on SEDAR. As previously announced by news release dated May 12, 2013, the report is being filed at the request of the British Columbia Securities Commission. All items of the report, and not just the section dealing specifically with the mineral [...]
