Aston Bay Holdings (TSXV:BAY) has signed an early works agreement with BHP Billiton (NYSE:BHP). This augments Aston Bay’s previous agreement with BHP.
Aston Bay Holdings Ltd. (TSXV:BAY) announced that it has signed an exclusive Letter of Intent (“LOI”) with a wholly owned Canadian Subsidiary of BHP Billiton Ltd. (“BHPB”) to cooperatively advance the Storm Copper Project. Under the terms of the LOI, BHPB may earn a 75% interest in Storm, with a
Further to a memorandum of understanding signed earlier this year, Aston Bay Holdings (TSXV:BAY) has entered a definitive earn-in agreement with Antofagasta plc. Under the terms of the agreement, Antofagasta may earn up to a 70 percent interest in the Aston Bay Properties.
By Vivien Diniz
Aston Bay Holdings Ltd. (TSXV: BAY) closed the first tranche of its non-brokered private placement announced on June 18, 25 and July 11, 2014. Following the offering, the company has also issued an aggregate of 787,840 non-flow-throuhg united at $0.25 per unite and 768,000 flow-thought units at $0.25 per unit.
Aston Bay Holdings Ltd. (TSXV:BAY) has, further to previous press releases, modified a condition precedent contained in its memorandum of understanding with a 100 percent owned subsidiary of Antofagasta plc, described in a June 18, 2014 release. The modifications mean that the minimum amount to be raised in the current
Aston Bay Holdings Ltd. (TSXV:BAY) today announced that it has now met the conditions precedent of the recently announced memorandum of understanding with a 100 percent owned subsidiary of Antofagasta plc. The conditions precedent related to an amendment to the underlying agreement with Commander Resources Ltd..
Aston Bay Holdings Ltd. (TSXV:BAY) has amended the terms of its previously announced non-brokered private placement: each NFT Unit will now be issued at a per unit price of CDN$0.25 and will consist of one common share and one share purchase warrant.
Aston Bay Holdings Ltd. (TSXV:BAY) signed a binding Memorandum of Understanding with a wholly-owned subsidiary of Antofagasta plc for the advancement of the Storm Copper and Seal Zinc projects in Nunavut. Under the MOU, Antofagasta has the opportunity to earn up to a 70% total interest in Storm.
Aston Bay Holdings Ltd. (TSXV:BAY) announced that further to its news release from April 24, 2014, Aston Bay has amended its Memorandum of Understanding with Lyncorp International Ltd. for the purchase of equipment including four Christensen CS10 Core Drills and all associated equipment. The transaction will close following the end
Aston Bay Holdings Ltd. (TSXV:BAY) has amended the payment terms in the Memorandum of Understanding with Lyncorp International Ltd. Aston Bay will pay $300,000 in cash by July 10, 2014; $325,000 in cash by August 10, 2014; and $375,000 in cash or stock (valued on the previous 10-day weighted average
Aston Bay Holdings Ltd. (TSXV:BAY) has entered into a period of exclusive negotiations with a major mining company with a public market capitalization of over US$10 billion. This period will last until the execution of a memorandum of understanding and/or an earn-in agreement or June 30, 2014, whichever is earlier.
China’s lukewarm economic growth may have been enough to keep investor hopes up in recent weeks, but it seems that the most recent news has finally impacted copper. Despite recent indications that China’s economy will soon be greater than that of the United states, Reuters reported today that Chinese data
Aston Bay Holdings Ltd. (TSXV:BAY) has signed a memorandum of understanding with Lyncorp International Ltd., which is 100% owned by David Mullen, to purchase four Christensen CS10 Core Drills with all associated equipment in addition to other equipment. The closing of the deal will be subject to, among other things,
Aston Bay Holdings Ltd. (TSXV:BAY) announced the amendment to the royalty provision of its option agreement with Commander Resources Ltd. (TSXV:CMD) on the Storm Project. The amendment is set to reduce the Gross Overriding Royalty from 0.875% to 0.4% by making a one-time payment to Commander Resources Ltd. under a
Aston Bay Holdings (TSXV:BAY) COO Bruce Counts talks about copper in Nunavut.
Aston Bay Holdings Ltd. (TSXV:BAY) closed the second tranche of its non-brokered private placement for gross proceeds of $71,500.