NorZinc is pleased to announce the close of its non-brokered private placement announced on February 25, 2020. Pursuant to the Private Placement, the Company issued an aggregate of 13,396,724 common shares of the Company at a price of $0.065 per share for gross proceeds of $870,787. RCF VI CAD LLC purchased 5,396,728 Common Shares pursuant to its [...]
NorZinc is pleased to announce a non-brokered private placement of 7,846,153 common shares of the Company at a price of $0.065 per share, for gross proceeds of $510,000. In addition, Resources Capital Fund VI L.P. has the right to purchase up to 5,385,443 additional shares pursuant to the participation right in its Investor Agreement available on [...]
NorZinc Ltd. announces it will voluntarily file a Form 15F with the United States Securities and Exchange Commission to terminate the registration of its common shares under Section 12 of the Securities Exchange Act of 1934, as amended , and its reporting obligations under Section 13 of the Exchange Act. Management of the Company is of the view [...]
NorZinc Ltd. is pleased to provide a corporate update: Highlights Schedule Update Focus for 2020 Mine Enhancement Study Long Term Financing Update Short Term Financing Needs Schedule Update The development of the Prairie Creek Mine is divided into two phases. Prior to major construction on site in Phase 2, Phase 1 starts with the construction of an [...]
In the news release, NorZinc Announces Shareholder Approval of Previously Announced RCF Royalty, issued 23-Dec-2019 by NorZinc Ltd. over PR Newswire, we are advised by the company that the headline, should read "NORZINC ANNOUNCES CLOSING OF $8 MILLION ROYALTY SALE" rather than "NorZinc Announces Shareholder Approval of Previously Announced RCF [...]
NorZinc Ltd. the Company is pleased to report the closing of the sale of a 1% net smelter return royalty over the Company's Prairie Creek zinc-lead-silver mine in the Northwest Territories to RCF VI CAD LLC for a purchase price of C$8 million. As announced in the Company's news releases dated September 30, 2019 and November 19, 2019, RCF provided a [...]
NorZinc Ltd. is pleased to announce the appointment of Mr. Peter Portka as Chief Financial Officer, effective December 2, 2019, to replace Mr. Trevor Cunningham, who will be leaving the Company to pursue new opportunities. Mr. Cunningham will be working with the Company in December to support a seamless transition. Mr. Portka is a mining financial [...]
NorZinc Ltd. is very pleased to report that on November 22, 2019, Parks Canada issued the Water Licence and Land Use Permit for its portion of the all season access road to the Prairie Creek Mine, NWT, Canada. Permitting Process Complete Combined with NorZinc's existing mine operating permits, and the road permits issued by the Mackenzie Valley [...]
NorZinc Ltd. the Company is pleased to report the voting results of a Special Meeting of Shareholders held on November 18, 2019. As explained in the Company's news release dated September 30, 2019 and more particularly described in the Information Circular dated as of October 9, 2019, the Meeting was called for the purpose of obtaining majority [...]
NorZinc Ltd. is pleased to announce the appointment of Gary Sugar and Stephen Flewelling to the Company's Board of Directors, effective today. John Warwick, Chairman, NorZinc stated "The Board welcomes the appointment of Gary Sugar and Stephen Flewelling we look forward to the input their considerable experience will bring to NorZinc." Gary Sugar [...]
NorZinc Ltd. is pleased to report that the Mackenzie Valley Land & Water Board has issued Water Licences and the Land Use Permit for the all season road access to the Prairie Creek Mine in the NWT, Canada. NWT Road Permits Issued These permits will allow the Company to construct and operate an all season road on NWT and Indian Affairs Branch land [...]
NorZinc Ltd. reports its interim financial results and development activities for the third quarter ended September 30, 2019. Q3 2019 Results & Recent Highlights Financial and Corporate RCF to purchase 1% royalty on Prairie Creek Mine for $8 million, subject to shareholder approval Existing royalty holder waives right of first refusal Special [...]