Tamerlane is pleased to provide an update on recent activities with respect to its Pine Point project in Canada's Northwest Territories. The Company continues to progress with resource delineation, geotechnical studies, environmental permitting, procurement and engineering activities.
Tamerlane announces a net loss of $1,798,373 or $0.03 per share for the six months ended June 30, 2011, compared to a net loss of $684,661 or $0.01 per share for six months ended June 30, 2010 in the same period of the prior year. At June 30, 2011 the Company had working capital of $2,922,488 compared to $2,726,220 at March 31, 2011, an increase of [...]
Tamerlane is pleased to announce that the Company has closed the previously announced private placement with Renvest Mercantile Bancorp Inc., through its Global Resource Fund, the Company's current lender. The Company issued 3,846,154 common shares of Tamerlane at C$0.26 per share for a total equity investment of C$1.0 million. The transaction has [...]
