NorZinc Ltd. is pleased to announce that it has filed a preliminary short form prospectus with the securities regulators in each of the provinces of Canada, except Québec, in connection with a proposed marketed offering of units of the Company and common shares of the Company that qualify as "flow-through shares" within the meaning of the Income [...]
NorZinc Ltd. is pleased to announce that it has engaged Auramet International, LLC as Financial Advisor in conjunction with project financing for the Prairie Creek Mine located in the Northwest Territories. Auramet's role will be to work with the Company to provide advice and assistance regarding the solicitation, structuring, negotiating, and [...]
NorZinc Ltd. is pleased to announce the closing of an equity financing agreement with RCF VI CAD LLC previously announced on May 3, 2021. Pursuant to the Equity Financing, the Company issued an aggregate of 14,713,455 common shares of the Company to RCF on a non-brokered private placement basis, at a price of $0.067965 per share for gross proceeds [...]
NorZinc Ltd. reports its interim financial results and development activities for the first quarter ended March 31, 2021. Q1 2021 Results & Recent Highlights Financial and Corporate Cash and short-term investments at March 31, 2021 were equal to $2.7M. Loss for three months ended March 31, 2021 was $1.7M. The Company is in advanced discussions for [...]
NorZinc Ltd. is pleased to announce that it has entered into an equity financing agreement with RCF VI CAD LLC, a wholly owned subsidiary of Resource Capital Fund VI L.P , pursuant to which RCF VI LLC has agreed, subject to shareholder and regulatory approvals, to purchase C$1,000,000 of common shares of NorZinc Ltd. on a non-brokered private [...]
NorZinc Ltd. today announced that President and Chief Executive Officer Don MacDonald will step down from his executive position and as a Director of the Company. Mr. MacDonald has held these roles since joining the Company in May 2018. Effective May 3, 2021, he will be succeeded by Rohan Hazelton, an experienced mining executive whose career [...]
NorZinc Ltd. reports its financial results and development activities for the year ended December 31, 2020. 2020 HIGHLIGHTS Prairie Creek 2020 Recognizing the potential to improve project economics to mitigate lower commodity prices and anticipated increasing costs, NorZinc announced a mine enhancement study to optimize mining design and potential [...]
NorZinc Ltd. is pleased to provide a corporate update and announce the appointment of Claudine Lee as the VP, Corporate Social Responsibility . 2020 HIGHLIGHTS Prairie Creek 2020 Recognizing the potential to improve project economics in order to mitigate lower commodity prices and anticipated increasing costs, NorZinc announced a mine enhancement [...]
NorZinc Ltd. is pleased to announce the closing of its non-brokered private placement of 19,750,000 flow-through common shares of the Company at a price of $0.08 per Flow-Through Share, for gross proceeds of $1,580,000 . The proceeds from the Private Placement will be used to incur eligible Canadian Exploration Expenses and flow-through mining [...]
NorZinc Ltd. is pleased to announce a non-brokered private placement of 18,750,000 flow-through common shares of the Company at a price of $0.08 per Flow-Through Share, for gross proceeds of $1,500,000. In connection with the Private Placement, the Company may pay finders' fees in cash or securities, or a combination of both, as permitted by the [...]
NorZinc Ltd. has recently undertaken an investigative analysis of drill core samples from its 2020 Surface Drill Program, Hole PC-20-225. The intent of this analysis was to identify possible additional metal opportunities that have not been re-assessed since the standard Prairie Creek assay suite was defined in 1993, and which did not include [...]
NorZinc Ltd. is pleased to announce final assay results from surface drill hole PC-20-225, the first hole drilled at the Company's Prairie Creek Mine Site since 2015. Designed to target the inferred Main Quartz Vein resource immediately adjacent to but outside of the existing mine plan, PC-20-225 intercepted the MQV as expected plus two stockwork [...]
