Aquila Resources is pleased to announce that the Ontario Superior Court of Justice has granted a final order approving its previously-announced plan of arrangement pursuant to which Gold Resource Corporation will acquire all of the issued and outstanding common shares of the Company. Closing of the Transaction remains subject to the satisfaction or [...]
Aquila Resources is pleased to announce that at the Company's special meeting of shareholders held earlier today, an overwhelming majority of Aquila shareholders voted in favour of the special resolution approving the previously announced plan of arrangement pursuant to which Gold Resource Corporation will acquire all of the issued and outstanding [...]
Aquila Resources announces the filing of its financial results for the third quarter ended September 30, 2021. Guy Le Bel, President & CEO of Aquila, commented, "This past quarter has been transformational for Aquila. Since announcing the proposed acquisition of the Company by Gold Resource in Sept, our team has been working closely with our [...]
Aquila Resources announces that leading independent international corporate governance analysis and proxy advisory firm Institutional Shareholder Services has recommended that Aquila shareholders vote FOR the Arrangement Resolution in advance of the upcoming Special Meeting of Shareholders to be held on Nov 17, 2021. The Meeting is being held in [...]
Aquila Resources is pleased to announce that it has entered into a definitive arrangement agreement with Gold Resource providing for the acquisition by GORO of all the issued and outstanding common shares of Aquila by way of a plan of arrangement under the Business Corporations Act. As announced by Aquila on September 7, 2021, pursuant to the [...]
Aquila Resources is pleased to announce that it has closed the previously announced transaction to sell its Bend and Reef properties in Wisconsin to Green Light Metals Inc. Total consideration of $7,000,000 payable to Aquila consists of: Upfront cash consideration of $2.1 million, of which $1 million was advanced as a deposit upon the execution of [...]
Aquila Resources Inc. is pleased to announce that it has entered into a binding letter agreement with Gold Resource Corporation setting out certain key terms of a proposed acquisition by GORO of all the issued and outstanding common shares of Aquila by way of a plan of arrangement under the Business Corporations Act . Pursuant to the Transaction [...]
Aquila Resources Inc. announces the filing of its financial results for the second quarter ended June 30, 2021. All amounts, unless indicated, are reported in US dollars SECOND QUARTER HIGHLIGHTS As at June 30, 2021, Aquila had cash of $0.9 million and negative working capital of $2.1 million . This compared to cash of $1.8 million and negative [...]
Aquila Resources Inc. is pleased to announce that it has entered into a non-binding letter of intent to sell its interest in the Bend and Reef exploration properties located in Wisconsin, USA to a private company . Subject to necessary approvals, Newco intends to list on the TSX Venture Exchange concurrent with the closing of the Transaction. All [...]
Aquila Resources Inc. announces that the six nominees listed in the management information circular for its 2021 annual meeting of shareholders held earlier today were elected as directors of Aquila. 129,198,908 shares were represented at the Meeting, representing 38.1% of Aquila's issued and outstanding common shares. The detailed results of the [...]
Aquila Resources Inc. is pleased to provide an update on its Back Forty Project in Michigan. Optimized Feasibility Study In March 2021, Aquila engaged Osisko Technical Services to lead an optimized feasibility study for the Back Forty Project. Aquila is leveraging OTS' combined engineering, permitting, construction and operating expertise to unlock [...]
Aquila Resources Inc. announces the filing of its financial results for the first quarter ended March 31, 2021. All amounts, unless indicated, are reported in US dollars. Guy Le Bel, President & CEO, commented, "Since joining Aquila as President & CEO in February, my focus has been making an already strong project even better. I am pleased with the [...]
