Millstream Mines is pleased to announce the appointment of Mr. John Gingerich, P. Geo., to its Board of Directors. John C. Gingerich, P. Geo. is a professional geoscientist with over 35 years of experience in the mining industry. A recognized leader within the mining community, John has served on a number of industry and government boards and [...]
Millstream Mines reports that at the request of IIROC, the Company wishes to clarify certain disclosure in its Press Release dated July 4, 2017. In the Press Release, a valuation was attributed to the tailings based on Gross Metal content; this disclosure is prohibited under NI 43-101, 2.3, 1 (c). The valuation has been retracted and must not be [...]
Millstream Mines is pleased to announce that the company has concluded a Memorandum of Understanding with Klondike Bay Resources to form a relationship with the express purpose of extracting all contained metals of economic value from the Potter Mine Tailings. KBR will be responsible for all permitting and metal recovery costs applicable to the [...]
Millstream Mines confirms that, effective January 5, 2017, TSX Venture Exchange Inc. suspended trading in the Company's securities as a result of a Cease Trade Order issued for failure to maintain exchange requirements. This suspension of trading by the TSXV is a direct result of the Corporation's delayed filing of its Year End 2016 financial [...]
Millstream Mines is pleased to announce that it has executed a financial advisory agreement with Added Capital Inc. This business arrangement was created for the express purpose of maximizing the value of the Company or the value of the mining assets held within the Company. Added Capital Inc. is a financial advisory firm and merchant bank, with a [...]
Millstream Mines announces that the company has closed the first tranche of a non-brokered private placement for total proceeds of $24,000 comprised of 480,000 non-flow through shares accompanied by a full common share purchase warrant to buy 1 common share for a period of up to 1 year (please see details of early exercise provision below [...]
Millstream announces a non brokered private placement for total proceeds of $150,000 comprised of a non-flow through share issuance. The terms of the Offering are a maximum issuance of 3,000,000 Units of common shares at a price of $0.05 per Unit in the capital stock of Millstream. Each unit shall be comprised of one (1) common voting share and a [...]
Millstream Mines Ltd. (the "Company" or "MLM") (MLM TSX-V & NJD1.F Frankfurt) announces a non brokered private placement for total proceeds of $620,000 comprised of both flow through and non-flow through issuances (the "Offering"). The terms of the Offering are as follows: a maximum issuance of 5,000,000 flow through common shares at a price of [...]
Millstream Mines announces that the Company, in anticipation of completing the previously disclosed financial arrangement is preparing plans for the test drilling of the geophysical anomalies discovered by the ground magnetometer survey of 2007. The drill program will be a 2 stage process starting with surface Reverse Circulation (RC) drilling and [...]
Millstream Mines announces that the Company has entered into late stage negotiations with a private financial group concerning the Tamarack Gold Mine Property and its associated capital assets. In broad terms, the contemplated deal focuses on a financial arrangement that will raise the necessary funding to drill test the several geophysical [...]
Millstream Mines today announced that the Audit Committee of its Board of Directors, after consultation with ND LLP, the company's independent registered public accounting firm, determined that Millstream's financial statement for the fiscal year ended August 31, 2014 can no longer be relied upon as being in compliance with generally accepted [...]
Millstream announces that the Company has entered into a settlement agreement with various non-arms length creditors of the company. Pursuant to this Shares for Debt Settlement Agreement, which has been duly authorized by the Company's Board of Directors, MLM would issue common shares of the company at a deemed price of $0.05 per common share in [...]
