International Minerals and Chaparral Gold announce the closing of the previously-announced transaction by way of a plan of arrangement involving IMZ and Hochschild Mining, pursuant to which Hochschild has acquired all of the outstanding shares of IMZ. Under the terms of the Arrangement, each IMZ shareholder is entitled to receive cash consideration [...]
International Minerals announces that the closing of the previously-announced transaction by way of a plan of arrangementinvolving IMZ and Hochschild, pursuant to which Hochschild will acquire IMZ, is now anticipated to occur on or before December 20, 2013. The closing of the Arrangement was previously anticipated to occur on or about Friday [...]
International Minerals announces that on December 2, 2013 it obtained a final order of the Supreme Court of Yukon approving the previously-announced transaction by way of a plan of arrangement involving IMZ and Hochschild pursuant to which Hochschild will acquire IMZ. See the Company's news release dated October 1, 2013 for further details. The [...]
International Minerals reports the results of the Company's Annual Meeting of Shareholders and Special Meeting of Shareholders and Optionholders held on November 26, 2013 in Scottsdale, Arizona. In accordance with section 11.3 of National Instrument 51-102 the Company hereby reports the results of voting by Shareholders and Optionholders present in [...]
International Minerals is pleased to report its operating achievements and financial results for the first fiscal quarter ended September 30, 2013. All dollar amounts in this news release are reported in US Dollars, unless otherwise noted. On October 1, Hochschild Mining, IMZ and Chaparral Gold, a wholly-owned subsidiary of IMZ, ent
International Minerals announces that on October 25, 2013 it obtained an interim order of the Supreme Court of Yukon to convene and hold an annual and special meeting of its shareholders and optionholders to approve the previously-announced transaction by way of a plan of arrangement involving IMZ and Hochschild Mining pursuant to which Hochschild [...]
International Minerals announces that it has entered into a binding arrangement agreement with Hochschild Mining pursuant to which Hochschild will acquire IMZ, primarily for IMZ's 40% interest in the jointly-owned (Hochschild 60%) Peruvian assets: the Pallancata silver mine and the Inmaculada gold-silver development project. Hochschild will acquire [...]
International Minerals reports its operating achievements and its annual audited consolidated financial results for the fiscal year ended June 30, 2013. All dollar amounts in this news release are reported in US Dollars, unless otherwise noted. Operating Achievements for Fiscal Year Ended June 30, 2013:
International Minerals provides an update with respect to the status of permitting progress at the Gemfield project in Nevada and, in addition, the Company provides guidance on its financial results for the fiscal year ended June 30. The Company expects to release its financial results for FY 2013 after the close of markets on Monday, September 30 [...]
International Minerals is pleased to announce the appointment of Dr. Axel Schweitzer as a new independent director, replacing Mr. Roberto Baquerizo who resigned in July. Dr. Schweitzer is the Chief Executive Officer of the ALBA Group, a German company specialized in recycling and headquartered in Berlin. The ALBA Group has about 200 subsidiaries [...]
International Minerals reports an update to the Company's previously-announced cost reduction plans for calendar year 2013. All amounts are in US dollars. The Company's cost reduction plans detailed in its May 15, 2013 news release included significant decreases in projected cash outflows totaling $14.1-$14.6 million for calendar year 2013.
International Minerals announces that following receipt of final approval from the Government of Ecuador, an agreement to sell the Company's interest in the Rio Blanco gold and silver property in Ecuador to a private Hong Kong based company closed on June 21, 2013. IMZ will receive gross proceeds of $28 million from the Buyer based on the following [...]
