Homestake Resource today announced that at the annual general and special meeting of shareholders held on August 25, the Company's shareholders passed a special resolution approving the Company's previously announced statutory Arrangement pursuant to which Auryn Resources will acquire all of the issued and outstanding common shares of the Company [...]
Auryn Resources is pleased to announce that the plan of arrangement, pursuant to which Auryn will acquire all of the issued and outstanding common shares of Homestake Resource was approved by Homestake shareholders at the special meeting of Homestake shareholders held on August 25. At the meeting, approximately 98.2% of the votes cast by Homestake [...]
Homestake Resource is pleased to announce that it has filed its management information circular and related proxy materials on SEDAR in advance of the Company's special meeting of shareholders to be held on August 25, 2016 to seek approval of the proposed plan of arrangement with Auryn Resources. As previously announced on July 11, 2016, Homestake [...]
Homestake Resource has issued and delivered 1.5 million common shares to Auryn Resources to satisfy a debt of $150,000 advanced pursuant to a loan agreement dated May 10, 2016 and which agreement contained a conversion feature respecting the issuance of common shares of Homestake at $.10 per common share. The share certificate representing the [...]
Homestake Resource entered into a Loan Agreement with Auryn Resources Ltd. dated May 10, 2016 which provided for the loan of $150,000 to fund the purchase of a NSR from Teck Resources Ltd., on its Homestake Ridge Property (see news release dated May 13, 2016) as to $100,000 and as to $50,000 to fund expenses towards negotiating and executing an [...]
Auryn Resources and Homestake Resources are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Auryn will acquire 100% of Homestake under a plan of arrangement on the terms previously disclosed in their joint news release issued on June 13, 2016. Under the Arrangement, Homestake shareholders will [...]
Auryn Resources and Homestake Resource are pleased to announce that they have entered into a binding letter agreement pursuant to which Auryn will acquire Homestake under a plan of arrangement. The consideration for 100% of the Homestake shares will be the issuance of approximately 3.3 million Auryn shares valued at approximately $8.9 million based [...]
Homestake Resource has closed a purchase agreement with Teck Resources to purchase a 2% net smelter return royalty and ancillary rights on mineral claims forming a portion of the Homestake Ridge property in British Columbia. The royalty was created in 2003 when Homestake purchased the claims from Teck and Teck reserved a 2% NSR together with rights [...]
At the request of IIROC, Homestake Resource wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Homestake Resource Corp. is a Canadian-based exploration company which operates the Homestake Ridge Project, a gold-rich [...]
Homestake Resource reported today that, following discussions with Banks Island Gold, it became apparent that Banks Island could not pay the first option payment to the Company of $500,000 due on January 31. Accordingly, by mutual agreement between the companies the option agreement has been terminated and is of no further force nor effect [...]
Homestake Resource reported today that it has signed a Letter of Intent to option fifty percent (50%) of the Company's Homestake Ridge property to Banks Island Gold for a total of Cd$16.5 million in work and option payments over a three-year period. Payments and work commitments are as follows:
Homestake Resource reported that the shareholders have approved a Shareholder Right Plan at its annual general meeting held on October 22, 2014. The Shareholder Rights Plan was adopted to ensure the fair treatment of all Homestake shareholders in the event of an unsolicited take-over bid for the outstanding common shares of Homestake. In the event [...]
