Oracle Mining today announced that effective December 24, 2015, each of the directors, chief executive officer and the chief financial officer of the Corporation have resigned. Further to the Corporation's news release dated December 23, 2015, pursuant to which Oracle Mining announced the appointment of a receiver and manager over the assets [...]
Oracle Mining today announced that the Superior Court of Arizona has granted the application of the Corporation's lender to appoint Christopher G. Linscott as receiver and manager over the assets, undertakings and property of Oracle Ridge Mining LLC. The Receiver is charged with managing the day to day affairs of Oracle Ridge during the period of [...]
Oracle Mining today announced that Vincere Resource Holdings LLC has provided notice (i) that the entire unpaid principal amount of the secured convertible loan facility with an aggregate principal amount of US$6.7 million pursuant to the secured convertible loan agreement dated December 17, 2014 and all other fees, charges, and costs payable under [...]
Oracle Mining announces its financial results for the quarter ended September 30, 2015. This news release should be read in conjunction with the unaudited condensed consolidated financial statements and notes thereto for the three and nine months ended September 30, 2015 and 2014, and the related management's discussion & analysis, both available [...]
Oracle Mining today announced entry into a forbearance agreement with Vincere Resource Holdings LLC, 0830438 B.C. Ltd. and Oracle Ridge Mining LLC. Oracle Mining had previously announced on September 4, 2015, its default of certain milestone covenants pursuant to a secured convertible loan facility for an aggregate principal amount of US$6.7 [...]
Oracle Mining today announced that it is in default of certain milestone covenants pursuant to a secured convertible loan facility for an aggregate principal amount of US$6.7 million with Vincere Resource Holdings LLC. Oracle Mining did not complete certain technical studies in the time allotted in the Loan Agreement. The Corporation has requested [...]
Oracle Mining announces its financial results for the quarter ended June 30, 2015. This news release should be read in conjunction with the unaudited condensed consolidated financial statements and notes thereto for the three and six months ended June 30, 2015 and 2014, and the related management's discussion & analysis, both available on SEDAR at [...]
Oracle Mining announces its financial results for the quarter ended March 31, 2015. This news release should be read in conjunction with the unaudited condensed consolidated financial statements and notes thereto for the three months ended March 31, 2015 and 2014, and the related management's discussion & analysis, both available on SEDAR. First [...]
Oracle Mining announces that director Cong Bin Liu has resigned from the Board of Directors of the Corporation, effective April 20, 2015. The Board of Directors would like to thank Mr. Liu for his services to the Corporation and wish him success in his future endeavors.
Oracle Mining today announced that it has received approval to voluntarily delist its common shares from the Toronto Stock Exchange, and has applied to list its common shares on the TSX Venture Exchange. Oracle believes listing on the TSX-V will provide greater operational efficiency and lower costs for the Corporation. Oracle expects that the [...]
Oracle Mining announces its financial results for the year ended December 31, 2014. This news release should be read in conjunction with the audited financial statements and notes thereto for the years ended December 31, 2014 and 2013, and the related management's discussion & analysis, both available on SEDAR. 2014 financial summary For the year [...]
Oracle Mining announces that director Alan Edwards has resigned from his position as Chairman of the Board of Directors of the Corporation, effective February 15, 2015. In addition, Ampere Chan, Chief Financial Officer, has resigned from the Corporation, effective February 15, 2015. Mr. Chan also served on the Corporation's Disclosure Committee [...]
