Almonty Industries and Woulfe Mining are pleased to announce that Almonty has completed its acquisition of Woulfe by acquiring all of the outstanding shares of Woulfe pursuant to an arrangement under the Business Corporations Act (British Columbia). The transaction was previously approved by Woulfe shareholders in accordance with the requirements [...]
Almonty Industries and Woulfe Mining are pleased to announce that Woulfe shareholders voted overwhelmingly in favour of the Plan of Arrangement pursuant to which Almonty and Woulfe will proceed with a business combination in which Almonty will acquire all of the outstanding common shares of Woulfe that Almonty does not already own by way of a court [...]
Woulfe Mining is pleased to announce Glass, Lewis & Co., a leading proxy advisory firm, has published a report recommending that their subscribers vote "FOR" the resolution approving the proposed plan of arrangement between Woulfe and Almonty Industries announced on July 7, 2015 whereby Almonty will acquire all of the issued and outstanding common [...]
Woulfe is pleased to announce that Institutional Shareholder Services, a leading proxy advisory firm, has published a report recommending that their subscribers vote "FOR" the resolution approving the proposed plan of arrangement between Woulfe and Almonty Industries announced on July 7, 2015 whereby Almonty will acquire all of the issued and [...]
Almonty Industries and Woulfe Mining are pleased to announce that they have entered into an arrangement agreement, pursuant to which Almonty and Woulfe will proceed with a business combination in which Almonty will acquire all of the outstanding common shares of Woulfe by way of a court approved plan of arrangement. Transaction Highlights: The [...]
Woulfe Mining announces the completion of its NI 43-101 compliant 2015 Resource Update and Feasibility Study for the Sangdong tungsten project, in the Republic of Korea. This study enhances the economic and technical viability of the project and increases the confidence that the Sangdong Mine will be one of the most robust and competitive tungsten [...]
Woulfe Mining announces that, further to its press release dated January 27, 2015, the board of directors of the Company has unanimously determined to terminate the letter agreement dated January 20, 2015 between the Company and Almonty Industries and the proposed merger transactions contemplated thereunder. The $150,000 bridge loan provided by [...]
Almonty Industries and Woulfe Mining are pleased to announce that they have entered into a non-binding letter of intent to combine the businesses of the two companies and create the leading tungsten company outside of China. The combined business will have two producing tungsten assets located in Spain and Australia, pre-construction assets in [...]
Woulfe Mining announces completion of the final update to the Feasibility Study and de-risking of the Tetra Tech 2012 Feasibility Study, on the Sangdong Project, in the Republic of Korea. The final Feasibility Study was also delivered to IMC in fulfillment of closing procedures for the agreements, with conditions of the original and amended and [...]
Woulfe Mining announces results from eight diamond drill holes of its Phase 6 Exploration Drilling Programme on the Hangingwall Deposit at the Sangdong Tungsten Project located in the Republic of Korea. The results of the first eight diamond drill holes of the Phase 6 HW Deposit drilling programme, with assays performed by SGS in Australia, are as [...]
Woulfe Mining is providing a shareholder update on the Sangdong tungsten project, in the Republic of Korea. (1) Results of the latest financial model update are: Phase 1* Mining Plan Options for -1 to Taebaek Levels (Using 65% WO3 Concentrate Price of $US 15,000 per tonne)
Woulfe Mining announces that it has reached an agreement with its strategic partner, International Metal working Companies B.V. to extend the term of the existing CAD$ 10 million loan from December 15, 2014 to September 15, 2015. This extension will allow Woulfe to complete the advanced, amended feasibility study and to complete the ongoing Phase [...]
