NorZinc Pauses Surface Drill Program Due To Severe Weather Conditions NZC-TSX NORZF-OTCQB NorZinc Ltd. is pleased to announce that it has closed its previously announced rights offering which expired on November 18, 2020, raising total aggregate gross proceeds of approximately $9,492,000 and representing 94.92% of the total rights offered. Details [...]
NorZinc Ltd. is pleased to provide a progress update on its Silver-focussed surface exploration program currently underway at its Prairie Creek Mine Site, as well as the Company's Rights Offering that will be expiring on November 18, 2020. 2020 Surface Exploration Program The purpose of the surface drill program is to confirm the presence of [...]
NorZinc Ltd. reports its interim financial results and development activities for the second quarter ended September 30, 2020. Q3 2020 Results & Recent Highlights Financial and Corporate Completed US$2.25 million financing with RCF VI CAD LLC adding to US$3.0M from Q2 2020, both under an unsecured bridge credit facility. As previously discussed in [...]
NorZinc Ltd. is pleased to announce that it will conduct a rights offering to raise gross proceeds of up to C$10,000,000, and has received a supporting commitment from its largest shareholder, RCFVI CAD LLC, to backstop C$7,100,000 of the Rights Offering. The Company will issue rights to existing eligible shareholders at the close of business on [...]
NorZinc Ltd. is pleased to announce, as part of its Mine Enhancement program, the launch of a new surface exploration drill program and resource updates at the Prairie Creek Mine. The drill program will be focussed on potential reserve expansion in the area immediately to the north of the current reserve envelope, adjacent to the last hole drilled [...]
NorZinc Ltd. announces that it has increased the amount of, and extended the maturity date applicable to, the unsecured bridge credit facility granted to the Company by RCF VI CAD LLC , the Company's largest shareholder, as described in the Company's news release dated April 22, 2020. On April 21, 2020, the Company entered into a credit agreement [...]
Don MacDonald, President & CEO, NorZinc Ltd. , shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business [...]
NorZinc Ltd. reports its interim financial results and development activities for the second quarter ended June 30, 2020. Q2 2020 Results & Recent Highlights Financial and Corporate Received second tranche of C$4.1M unsecured loan from the Company's largest shareholder RCF VI CAD LLC Cash and short-term investments at June 30, 2020 - $2.3M Loss for [...]
NorZinc is pleased to report the voting results of the Annual General Meeting of Shareholders held today, June 4, 2020. A total of 212,317,594 common shares were voted, representing the votes attached to 54.47% of all outstanding common shares. Shareholders voted in favour of a motion to fix the number of directors for election at seven and in [...]
NorZinc reports its interim financial results and development activities for the first quarter ended March 31, 2020. Q1 2020 Results & Recent Highlights Financial and Corporate Closed and received first tranche of US$3M unsecured loan from the Company's largest shareholder RCF VI CAD LLC Closed $0.9M oversubscribed private placement Implemented [...]
[wp=333]NorZinc Ltd. is pleased to provide a significant corporate update on its Mine Enhancement work described in prior news releases. The Company is also pleased to announce the signing of a US$3 million, or approximately C$4.2M, unsecured loan agreement with RCF VI CAD LLC, the Company's largest shareholder, described in more detail below. US$3M Bridge [...]
NorZinc reports its interim financial results and development activities for the year ended December 31, 2019. 2019 Results & Recent Highlights Financial and Corporate Updated schedule and 2020 mine enhancement plans underway Shareholders approved the RCF VI CAD LLC $8.0 million sale of a 1% royalty on Prairie Creek Mine Reported $7.7 million gain [...]