Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) announces that Hatch Ltd. (“Hatch”) and Micon International Limited (“Micon”) have been engaged to update the Feasibility Study for the NICO Cobalt-Gold-Bismuth-Copper Project. Hatch has also been retained to conduct additional engineering work. The vertically integrated NICO Project consists of a planned mine
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to announce that it has closed its previously announced short form prospectus offering (the “Offering”) of units (the “Units”) of the Corporation with Cormark Securities Inc. (the “Underwriter”), acting as underwriter, on a bought deal basis. The Company has issued 25,800,000
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has filed amended and restated financial statements (together in each case with an amended corresponding management’s discussion and analysis) for the year ended Dec. 31, 2015, the quarter ended March 31, 2016, the quarter ended June 30, 2016, and the quarter ended Sept.
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to announce that it has agreed with Cormark Securities Inc. (the “Underwriter”) to increase the size of the bought deal offering of units, announced on February 15, 2017, by 2,800,000 units ($700,000 ) to 22,800,000 units (“Units”) of the Company at
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. (the “Underwriters”), which has agreed to purchase, on a bought deal basis, 20 million units of Fortune (the “Units”) at a purchase price of $0.25 per Unit (the
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has engaged PricewaterhouseCoopers Corporate Finance Inc. (PwCCF) as the company’s financial adviser to help secure financing for construction of the Nico cobalt-gold-bismuth-copper project in Canada. PwCCF has a global network of more than 2,500 professionals across 60 countries to provide in-depth execution and
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has provided an update. The government of Canada, the government of the Northwest Territories (GNWT) and the Tlicho government have jointly announced federal funding for the construction of the Tlicho All-Season Road (“TASR”) to the community of Whati (See January 11, 2017 news
TORONTO, ONTARIO–(Marketwired – Aug. 30, 2016) – Buffalo Coal Corp. (TSX VENTURE:BUF)(JSE:BUC) (“Buffalo” or “the Company”) announces that further to the cautionary announcement dated 2 June 2016 and the renewal of cautionary announcement dated 15 July 2016, Resource Capital Fund V L.P.’s review of its strategic options in respect of
By Jocelyn Aspa
Day one of the Coal Association of Canada Conference began on June 9th at the Westin Bayshore Hotel in Vancouver, BC.
TORONTO, ONTARIO–(Marketwired – June 2, 2016) – Buffalo Coal Corp. (TSX:BUF)(JSE:BUC) (“Buffalo” or “the Company”) announces that its majority shareholder, Resource Capital Fund V L.P. (“RCF”), has informed the Company that it is undergoing a review of its strategic options in respect of its investment in the Company, and has
Dolly Varden Silver, Golden Arrow Resources, Levon Resources and Northair Silver are among the silver-focused companies that will be at PDAC. Read on to learn more about them.
Benchmark Mineral Intelligence did a write up on the grand opening of Asbury Carbons Inc.’s new Maastricht-based graphite and carbon plant, commenting that it will increase the company’s competitiveness in Europe.
Last week represented a major milestone for Canada’s Fortune Minerals (TSX:FT). The company announced on Wednesday that it had secured a 100 percent ownership in the Revenue Silver Mine (RSM) in Colorado, allowing it to step up from developer to producer.
Coalview Ltd., LLC has announced plans to build a new fine coal processing plant in Eastern Pennsylvania. The facility will consist of a full rail and truck load-out, along with a fine coal recovery plant that will process roughly 300,000 tons of material per year.
Syrah Resources and Asmet (UK) last week signed a memorandum of understanding for a graphite offtake agreement that, when formally negotiated, will see Asmet purchase 100,000 to 150,000 tonnes of graphite per year from the Mozambique-based Balama project.