Mindesta announces that it has received assay results from its first stage stream sediment and rock sampling program on the Arapsyo, Qabri Bahar and Abdul Qadir exploration permits in the Republic of Somaliland. Arapsyio and Qabri Bahar Permits. Over the September, 2011 to April, 2012 period, 2,500 km2 of the Arapsyio and Qabri Bahar permits were [...]
Mindesta wishes to announce that it now has an option to earn an interest in a third exploration permit in the Republic of Somaliland. Mindesta is already earning up to an 80 per cent interest in, and can ultimately acquire 100% of, the first two mineral exploration permits issued by the Republic of Somaliland under an existing Option Agreement [...]
Mindesta wishes to reiterate information provided in its 8K disclosure of January 30, 2012 and information provided to shareholders through Heritage Transfer Agency, and Depository Trust and Clearing Corporation on its estimate of taxable dividend per share included in its recent distribution to shareholders. At the close of trading on January 25 [...]
Mindesta announced today that it has received notice that the U.S. Financial Industry Regulatory Authority has established January 26, 2012 as the ex-dividend date for the previously-announced distribution to holders of Company common stock of a majority of the Company's shares of common stock of Northern Graphite Corporation.
Mindesta advises that the U.S. Financial Industry Regulatory Authority has not yet established an ex-dividend date for the previously announced distribution of a majority of the common shares of Northern Graphite Corp. which Mindesta owns. Any shareholders who sell Mindesta common shares after the January 5, 2012 record date but before the [...]
Mindesta wishes to announce that it has decided to focus its efforts on mineral exploration in East Africa, and in particular the Republic of Somaliland and Ethiopia, as it believes the region has very attractive geology and an improving political environment. As initial steps in executing this strategy, the Company has appointed C. Tucker Barrie [...]
Mindesta wishes to announce that Al Zapanta has been appointed to the Company's Board of Directors. Mr. Zapanta was born in Los Angeles, CA and received an Associate of Arts degree from East Los Angeles College. He completed a Bachelor of Arts degree in Industrial Psychology, a Master of Arts in Public Administration and studies for a PhD in [...]
Mindesta announces that the TSX Venture Exchange has approved the release from escrow of the common shares of Northern Graphite owned by the Company to facilitate their distribution to Mindesta's shareholders. As a result, the Board of Directors has declared a pro rata dividend-in-kind, payable January 25, 2012 to shareholders of record as at [...]
Mindesta is providing the following update with respect to the distribution, to the Company's shareholders, of the common shares of Northern Graphite which it owns. The Company owns 9,750,000 common shares of Northern of which 7,312,500 remain subject to an escrow agreement imposed by Canadian securities laws and the TSX Venture Exchange ("TSXV [...]