LBEFF Stock UPDATES Liberty Minerals Exp (LBEFF) 0.2354 08/29/2014
Post# of 273218
QMX Gold Signs Agreement to Extend Convertible Debentures to October 1, 2014
ACCESSWIRE - Tue Aug 12, 4:01PM CDT
Toronto, ON / ACCESSWIRE / August 12, 2014 / QMX GOLD CORPORATION (TSXV:QMX)("QMX" or the "Company" and its debentureholders have agreed to amend the convertible debenture dated April 28, 2010 to extend the maturity date of the convertible debentures to October 1st, 2014. The convertible debentures have an aggregate value of $4.2 million (plus interest) and were due to be repaid on April 28, 2014.
TSX Delisting Review - Northern Sun Mining Corp. (Symbol: NSC)
CNW Group - Fri Mar 28, 7:30AM CDT
DELISTING REVIEW Northern Sun Mining Corp. (the "Company" - Further to TSX Bulletin 2014-0263 dated March 12, 2014, the common shares (Symbol: NSC) of the Company will now be delisted at the close of business on Tuesday April 15, 2014 for failure to meet the continued listing requirements of TSX. About TMX Group (TSX:X) TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
Northern Sun Enters Into Definitive Custom Milling Agreement
Marketwire - Mon Mar 24, 4:07PM CDT
Northern Sun Mining Corp. (formerly Liberty Mines Inc.) (TSX: NSC) has entered into a definitive custom agreement with Wallbridge Mining Company Limited (TSX: WM) to provide for the custom milling of ore from Wallbridge's Broken Hammer project. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of such ore. The agreement is for approximately a one year term based on a minimum of 800 tonnes per day and milling is expected to begin on or about June 30, 2014. The Company will generate both a gravity concentrate and a floatation concentrate which will then be conveyed to other smelters or refineries for further treatment. Waste from the ore after processing will be disposed of in the current tailings compound.
Wallbridge Enters Into Definitive Custom Milling Agreement
CNW Group - Mon Mar 24, 6:30AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" today announced that it has entered into a definitive custom milling agreement with Northern Sun Mining Corp. (TSX:NSC) to provide for the custom milling of Wallbridge's Broken Hammer project at NSC's Redstone Mill in Timmins, Ontario. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of such ore. The agreement is for approximately a one year term based on a minimum of 800 tonnes per day and milling is expected to begin on or about June 30, 2014. The Redstone mill will generate both a gravity concentrate and a floatation concentrate which will then be conveyed to copper smelters or refinery for further treatment.
QMX Gold Extends Loan Facility With Third Eye Capital
Marketwire - Tue Jan 28, 4:31PM CST
QMX GOLD CORPORATION (TSX: QMX) ("QMX Gold" or the "Company" and Third Eye Capital Corporation ("TEC" have signed an amending agreement that will further extend the term of the bridge loan facility provided by TEC until March 31, 2014 and be subject to the same terms and conditions outlined in the Company's press release dated October 9th, 2013.
Northern Sun Extends Term of Loan Agreement with Strategic Partner Jien International Investment Inc. and Advises on Status of TSX Listing
Marketwire - Tue Jan 28, 4:02PM CST
Northern Sun Mining Corp. (TSX: NSC) (formerly Liberty Mines Inc.) ("Northern Sun" or the "Company" has entered into a revised loan agreement with Jien International Investment Inc. ("JIIL" , its strategic partner and largest shareholder, to consolidate all of the outstanding debt and to extend the maturity date of all amounts owing to JIIL to December 31, 2015. Pursuant to the loan agreement, JIIL has reaffirmed its commitment to continue to support the Company as needed during 2014, until such time as the Company becomes cash flow positive. The amended loan agreement confirms that pursuant to the credit facility Northern Sun owes JIIL $118,311,604, consisting of $107,849,060 in principal and $10,462,544 in interest. The amount outstanding under the loan will incur an interest rate of 10%, will be secured against all of the assets of the Company and will mature on December 31, 2015.
Northern Sun Enters Into Shares for Debt Agreements and Extension to Snow Lake Acquisition
Marketwire - Wed Jan 15, 7:30AM CST
Northern Sun Mining Corp. (TSX: NSC) ("Northern Sun" or the "Company" has entered into settlement agreements with various creditors of the Company to re-structure approximately CDN$600,000 in outstanding accounts payables as at December 31, 2013. Northern Sun will settle the outstanding amount through the issuance of 923,076 common shares of the Company (the "Settlement Shares" . The deemed price of the Settlement Shares is based on the five day volume weighted average trading price of the common shares of the Company on January 14, 2014, being $0.65. Currently, the Company has 7,295,425 common shares issued and outstanding. Upon the issuance of the Settlement Shares, the Company will have 8,218,501 common shares issued and outstanding and the Settlement Shares will represent approximately 13% of the total issued and outstanding common shares of the Company. The transaction remains subject to the approval of the TSX and the Settlement Shares will be subject to a statutory hold period of four months and one day from the date of issuance.
Liberty Mines Implements Share Consolidation
Marketwire - Mon Aug 12, 4:02PM CDT
Liberty Mines Inc. (TSX: LBE) will consolidated its common shares on the basis of one new common share for every 50 common shares outstanding effective as of market open on August 13, 2013.
Liberty Mines Appoints Asbestos Abatement Firm
Marketwire - Mon Jul 29, 7:57AM CDT
Liberty Mines Inc. (TSX: LBE) has appointed JMX Environmental to lead the process of remedying asbestos contamination at the Redstone and McWatters sites in Timmins. JMX Environmental is a leading asbestos abatement firm that has extensive experience in the safe removal and disposal of asbestos across various industries. It is a member of the Environmental Abatement Council of Ontario.
Liberty Mines Welcomes Bruce Humphrey and Parviz Farsangi as Directors
Marketwire - Mon Jul 08, 4:05PM CDT
Liberty Mines Inc. (TSX: LBE) welcomes Bruce Humphrey and Parviz Farsangi as members of its board of directors. Both gentlemen, who are known for their mining expertise and dedication to the companies that they serve, will contribute to the turnaround going on at Liberty Mines. John Pinsent and Kim Oishi have resigned from the board to create the vacancies being filled by Bruce and Parviz.