Further to its press release of January 23, 2015, Starcore International Mines announces that it has closed the transaction to acquire all of the shares of Creston Moly from Deloitte Restructuring Inc., in its capacity as trustee in bankruptcy of Mercator Minerals, at a purchase price of Cdn$2 million. The closing of the Transaction followed the [...]
Mercator Minerals announces, effective September 4, 2014, the resignation from the board of directors the following: John Bowles, D. Bruce McLeod, Stephen P. Quin, Robert J. Quinn, Daniel Tellechea and Ron Vankoughnett. Also resigning, effective September 4, 2014, are the Officers of the Company: D. Bruce McLeod, Michael Broch, Mark Distler and [...]
Further to TSX Bulletin 2014-0946 dated August 26, 2014, TSX has determined to delist the common shares (Symbol: ML) of the Company at the close of business on October 3, 2014 for failure to meet the continued listing requirements of TSX. The Common Shares will remain suspended from trading.
Mercator Minerals announces the resignation of Roman Friedrich III from the board of directors of the Company effective immediately. Robert Quinn, Chairman of Mercator, comments, "The board would like to thank Roman for his service and wish him well in his future endeavours."
DELISTING REVIEW Mercator Minerals Ltd. – TSX is reviewing the common shares (Symbol: ML) of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Common Shares are suspended from trading immediately.
Mercator Minerals announces that it has filed a Notice of Intention to make a proposal under the Canadian Bankruptcy and Insolvency Act. As per Mercator's announcement on August 7, 2014, the Company, with the support of its financial advisor, has been actively considering its alternatives including, but not limited to the sale of the Company [...]
Mercator Minerals announces, further to the August 1, 2014 press release, that its indirect wholly-owned subsidiary, Mineral Park , has not reached agreement with the syndicate of lenders under the MPI credit facility to extend their forbearance in exercising any rights and remedies under the Credit Facility beyond August 15, 2014. The Company [...]
Mercator Minerals today announced its financial and operating results for the three months and six months ended June 30, 2014. During the second quarter 2014, the Company generated revenues of $69.8 million, cash flow from operations of $8.4 million, a net loss of $3.0 million or an adjusted net income* of $5.2 million. "Continued quarter over [...]
Mercator Minerals today announced that it expects to release its Q2 2014 financial results on August 7, 2014 and hold its next Annual General Meeting on September 24, 2014 on the 2nd floor at the Exchange Center, 888 Dunsmuir Street, Vancouver, BC. Further details and materials regarding the AGM will be provided in due course. About Mercator [...]
Mercator Minerals announces, further to the Company's July 15, 2014 press release, that given that the Company and Intergeo MMC have not agreed to extend the completion deadline in connection with the proposed business combination between Mercator and Intergeo announced on December 12, 2013 beyond August 1, 2014, the arrangement agreement has been [...]
Mercator Minerals announces that it has been advised by Intergeo MMC Ltd ("Intergeo") that Intergeo does not currently expect to request or agree to an extension of the completion deadline beyond August 1, 2014 in connection with the proposed business combination between Mercator and Intergeo pursuant to the arrangement agreement between Mercator [...]
Mercator Minerals Ltd announces that production for the three months ended June 30, 2014 from its wholly-owned Mineral Park Mine was 19.4 million pounds of copper equivalent*, comprised of 8.8 million pounds of copper in concentrates and cathode copper, 2.6 million pounds of molybdenum and 116.0 thousand ounces of silver. Second Quarter 2014 [...]
