Posted On: 08/03/2014 3:55:36 PM
Post# of 273254
Sacre Couer Minerals (SCRMF) 0.0290 $SCRMF
Sacre-Coeur Minerals Receives Property Demand Notice from Alphonso
Filing Services Canada XHTML - Thu Jul 24, 11:52AM CDT
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Sacre-Coeur Minerals Announces Delay in Closing Financing
Filing Services Canada - Thu Jul 17, 11:54PM CDT
Sacre-Coeur Minerals Announces Delay in Closing Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia (FSCwire) - SACRE-COEUR MINERALS, LTD. (the Company) previously announced that it received Bondholder approval for further amendment to the terms of the gold participation bonds (the Bonds) issued by its wholly-owned subsidiary, Sacre-Coeur Minerals (Jersey) Limited (the Issuer), under a trust deed dated January 15, 2013, as amended (the Trust Deed). Under the amended terms of the Trust Deed, the Company was permitted to complete new secured non-equity financing (the Supplemental Financing) to raise up to US$12,000,000, of which not less than US$2,000,000 was to be provided by June 30, 2014 and was intended to be used, in part, to pay accrued interest to the Bondholders. The Company has been advised by two of its three expected financing sources that they have each encountered what are anticipated to be brief delays in being ready to close, which delays are related to each of the financiers internal matters and are not related to the Company or to the structure of the intended financing. As a consequence of the foregoing delays, the Company is in technical default under the provisions of the Trust Deed. The Company is working with the Trustee for the Bondholders to keep the Trustee apprised of the anticipated timing for resolution and to close the financing and deliver interest payment to the Bondholders. A third financing source previously contemplated to comprise US$3,000,000 of the Supplemental Financing is no longer considered by the Company to be a viable component of the Supplemental Financing. Upon completion of the investments by the two aforementioned financing sources, the Company expects to have funded all or a substantial portion of the Supplemental Financing. In connection with the completion of these financings and payment of the accrued interest to the Bondholders, the Company will seek a further amendment to the Trust Deed and formal waiver of default in order to bring the Bonds back into good standing. Completion of the Supplemental Financing is also expected to solidly recapitalize the Company for execution of its development and production plans. About Sacre-Coeur The Company is engaged in the acquisition, exploration, development, and production of properties for gold, metals and diamonds in South America, initially focussing on exploration and production of gold from its properties in Guyana. The Company presently holds 100% interest in approximately 860 sq. km of mineral properties in Guyana, including the Million Mountain Property which hosts an NI 43-101 compliant hard-rock resource of 12,119,285 tonnes grading 1.0 g/t Au Measured, and 2,175,278 tonnes grading 0.9 g/t Au Indicated for a total 451,000 tr oz Au combined. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at . The undersigned is a Qualified Person under NI 43-101. All information contained herein has been prepared by or under the supervision of the undersigned. ON BEHALF OF THE BOARD OF DIRECTORS OF SACRE-COEUR MINERALS, LTD. Gregory B. Sparks Gregory B. Sparks, P. Eng. President & CEO For further information, contact: To view this table, please either click on the link below, or copy and paste the link into your browser: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 or forward-looking information within the meaning of applicable Canadian securities laws, which we will refer to as forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as plans, expects, targets, is expected, budget, scheduled, estimates, forecasts, intends, anticipates or believes or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved. Forward-looking information includes, but is not limited to, statements pertaining to proposed financing, gold production, development activities, commissioning of environmental studies, application for necessary permits for production operations, metallurgical studies, commissioning of a third party feasibility study, arrangement of financing for development, formal production decisions or business combinations. We can give no assurance that the forward-looking information will prove to be accurate. Forward-looking information by its nature is based on assumptions and involves known and unknown risks, uncertainties and other factors, including those discussed in the Companys quarterly and annual management discussion and analysis, which are available at www.sedar.com under the Companys profile, any of which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The forward-looking information is based on a number of assumptions that management believes are reasonable, including but not limited to assumptions about: the price of gold; the financial condition of the Company; anticipated costs and expenditures; estimated production; mineral resources or reserves and metallurgical recoveries; general business conditions; and the ability to achieve our goals. The forward-looking information is also subject to certain risks, uncertainties and other factors associated with our business, including but not limited to: ability to obtain financing; risks of not obtaining required approvals and waivers from the holders of Bonds; gold price volatility; risks of not meeting production and cost targets; discrepancies between actual and estimated production; mineral reserves and resources and metallurgical recoveries; mining operational and development risk; litigation risks; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment and operating in foreign countries; currency fluctuations; speculative nature of gold exploration; global economic climate; dilution; share price volatility; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the Companys quarterly and annual management discussion and analysis. Should underlying assumptions prove incorrect, or should one or more of the risks, uncertainties or other factors materialize, actual results may vary materially from those expressed or implied in the forward-looking information. Forward-looking information is designed to help you understand managements current views of our near and longer term prospects, and it may not be appropriate for other purposes. Forward-looking information is based on the reasonable beliefs, estimates and opinions of management at the date the statements are made and is subject to change without notice. These factors should be carefully considered and viewers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date of this news release. We will not necessarily update this information unless we are required to by applicable securities laws. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...182014.pdf Source: Sacre-Coeur Minerals Ltd. (TSX Venture:SCM) http://www.scminerals.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
Sacre-Coeur Minerals Receives Approval for Further Amendment of Gold Participation Bonds
Filing Services Canada - Mon Jun 23, 12:16PM CDT
Jet Metal Appoints New Director
Marketwire - Tue Apr 01, 5:31AM CDT
Jet Metal Corp. (TSX VENTURE: JET)(OTCQB: JETMF) (the "Company" or "Jet Metal"
is pleased to announce the appointment of Mr. Mark Lotz to the Board of Directors.
IIROC Trade Resumption - Sacre-Coeur Minerals Ltd.
Newsfile Corp - Thu Sep 19, 12:28PM CDT
Trading resumes in:
SACRE-COEUR MINERALS Reports Results From Guyana Metallurgical Test Holes: Length Weighted Average 3.08 G/T Au, Including 42.8 Meters Grading 10.56 G/T Au
Filing Services Canada - Thu Jun 20, 11:45AM CDT
Sacre-Coeur Minerals Ltd. (SCM - TSX Venture)(S5N - FWB), (the "Company" today announced that it has received from its feasibility contractor, Tetra Tech, assays for core holes drilled into the Company's NI 43-101 compliant Million Mountain Zone 1 resource body located in Guyana, South America. The holes were drilled to collect samples for metallurgical testing in support of the feasibility study which is currently underway. A total of six HQ core holes were drilled vertically from surface through the saprolitized portion of the resource body to the contact with un-weathered rock below. The holes were positioned to target a representative range of grades expected from the "Measured" saprolite resource based on the resource model developed during the NI43-101 compliant resource estimate compiled for the Company by Pincock Allen & Holt. Results of all of the metallurgical test holes are presented in the table below:
Sacre-Coeur Minerals Selects Tetra Tech, RDi, and Met-Solve for Feasibility and Associated Studies for Million Mountain Zone 1 Project
Business Wire - Mon Mar 04, 5:00AM CST
SACRE-COEUR MINERALS, LTD. (the "Company" is pleased to announce the selection of Tetra Tech to lead its NI 43-101 compliant feasibility study for development of the Company's Million Mountain Zone 1 resource located in the Mazaruni Mining District No. 3 of Guyana, South America. In addition, the Company has engaged Resource Development Inc. ("RDi" and Met-Solve Laboratories Inc. ("Met-Solve" , two highly qualified metallurgical labs, to assist with metallurgical scoping and trade-off studies as well as final flow sheet development and process modelling.
Sacre-Coeur Minerals Grants Stock Options
Filing Services Canada - Thu Feb 14, 11:00AM CST
Sacre-Coeur Minerals Ltd. (SCM - TSX Venture)(S5N - FWB), (the "Company" announces that it has granted, subject to any necessary regulatory approvals, incentive stock options to purchase up to an aggregate of 2,075,000 common shares of the Company's Common Stock to six of its directors and officers. The options are exercisable for a term of three years at the price of CAD $0.25 per share, which represents a 20% premium to the Company's closing stock price on February 13, 2013.
Sacre-Coeur Minerals Engages Dedicated Investor Relations Coordinator
Filing Services Canada - Thu Feb 07, 2:01AM CST
Sacre-Coeur Minerals Ltd. (SCM - TSX Venture)(S5N - FWB), (the "Company" today announced that it has engaged Mr. Ryan Carpel as its Investor Relations Coordinator for an initial term of one year. Mr. Carpel has more than 15 years of experience in capital markets. Having worked both the buy and sell side of the institutional marketplace at Terra Nova Trading, Nite Capital Management, Next Generation Equity Research and most recently, J.P. Morgan Securities, he is thoroughly familiar with the securities business. While working as an Analyst at Nite Capital Management, he spearheaded research and investing in approximately 400 companies, including over 50 resources companies. Mr. Carpel earned an MBA degree from Loyola University in Chicago.
Sacre-Coeur Minerals Receives Property Demand Notice from Alphonso
Filing Services Canada XHTML - Thu Jul 24, 11:52AM CDT
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Sacre-Coeur Minerals Announces Delay in Closing Financing
Filing Services Canada - Thu Jul 17, 11:54PM CDT
Sacre-Coeur Minerals Announces Delay in Closing Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia (FSCwire) - SACRE-COEUR MINERALS, LTD. (the Company) previously announced that it received Bondholder approval for further amendment to the terms of the gold participation bonds (the Bonds) issued by its wholly-owned subsidiary, Sacre-Coeur Minerals (Jersey) Limited (the Issuer), under a trust deed dated January 15, 2013, as amended (the Trust Deed). Under the amended terms of the Trust Deed, the Company was permitted to complete new secured non-equity financing (the Supplemental Financing) to raise up to US$12,000,000, of which not less than US$2,000,000 was to be provided by June 30, 2014 and was intended to be used, in part, to pay accrued interest to the Bondholders. The Company has been advised by two of its three expected financing sources that they have each encountered what are anticipated to be brief delays in being ready to close, which delays are related to each of the financiers internal matters and are not related to the Company or to the structure of the intended financing. As a consequence of the foregoing delays, the Company is in technical default under the provisions of the Trust Deed. The Company is working with the Trustee for the Bondholders to keep the Trustee apprised of the anticipated timing for resolution and to close the financing and deliver interest payment to the Bondholders. A third financing source previously contemplated to comprise US$3,000,000 of the Supplemental Financing is no longer considered by the Company to be a viable component of the Supplemental Financing. Upon completion of the investments by the two aforementioned financing sources, the Company expects to have funded all or a substantial portion of the Supplemental Financing. In connection with the completion of these financings and payment of the accrued interest to the Bondholders, the Company will seek a further amendment to the Trust Deed and formal waiver of default in order to bring the Bonds back into good standing. Completion of the Supplemental Financing is also expected to solidly recapitalize the Company for execution of its development and production plans. About Sacre-Coeur The Company is engaged in the acquisition, exploration, development, and production of properties for gold, metals and diamonds in South America, initially focussing on exploration and production of gold from its properties in Guyana. The Company presently holds 100% interest in approximately 860 sq. km of mineral properties in Guyana, including the Million Mountain Property which hosts an NI 43-101 compliant hard-rock resource of 12,119,285 tonnes grading 1.0 g/t Au Measured, and 2,175,278 tonnes grading 0.9 g/t Au Indicated for a total 451,000 tr oz Au combined. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at . The undersigned is a Qualified Person under NI 43-101. All information contained herein has been prepared by or under the supervision of the undersigned. ON BEHALF OF THE BOARD OF DIRECTORS OF SACRE-COEUR MINERALS, LTD. Gregory B. Sparks Gregory B. Sparks, P. Eng. President & CEO For further information, contact: To view this table, please either click on the link below, or copy and paste the link into your browser: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 or forward-looking information within the meaning of applicable Canadian securities laws, which we will refer to as forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as plans, expects, targets, is expected, budget, scheduled, estimates, forecasts, intends, anticipates or believes or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved. Forward-looking information includes, but is not limited to, statements pertaining to proposed financing, gold production, development activities, commissioning of environmental studies, application for necessary permits for production operations, metallurgical studies, commissioning of a third party feasibility study, arrangement of financing for development, formal production decisions or business combinations. We can give no assurance that the forward-looking information will prove to be accurate. Forward-looking information by its nature is based on assumptions and involves known and unknown risks, uncertainties and other factors, including those discussed in the Companys quarterly and annual management discussion and analysis, which are available at www.sedar.com under the Companys profile, any of which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The forward-looking information is based on a number of assumptions that management believes are reasonable, including but not limited to assumptions about: the price of gold; the financial condition of the Company; anticipated costs and expenditures; estimated production; mineral resources or reserves and metallurgical recoveries; general business conditions; and the ability to achieve our goals. The forward-looking information is also subject to certain risks, uncertainties and other factors associated with our business, including but not limited to: ability to obtain financing; risks of not obtaining required approvals and waivers from the holders of Bonds; gold price volatility; risks of not meeting production and cost targets; discrepancies between actual and estimated production; mineral reserves and resources and metallurgical recoveries; mining operational and development risk; litigation risks; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment and operating in foreign countries; currency fluctuations; speculative nature of gold exploration; global economic climate; dilution; share price volatility; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the Companys quarterly and annual management discussion and analysis. Should underlying assumptions prove incorrect, or should one or more of the risks, uncertainties or other factors materialize, actual results may vary materially from those expressed or implied in the forward-looking information. Forward-looking information is designed to help you understand managements current views of our near and longer term prospects, and it may not be appropriate for other purposes. Forward-looking information is based on the reasonable beliefs, estimates and opinions of management at the date the statements are made and is subject to change without notice. These factors should be carefully considered and viewers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date of this news release. We will not necessarily update this information unless we are required to by applicable securities laws. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...182014.pdf Source: Sacre-Coeur Minerals Ltd. (TSX Venture:SCM) http://www.scminerals.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
Sacre-Coeur Minerals Receives Approval for Further Amendment of Gold Participation Bonds
Filing Services Canada - Mon Jun 23, 12:16PM CDT
Jet Metal Appoints New Director
Marketwire - Tue Apr 01, 5:31AM CDT
Jet Metal Corp. (TSX VENTURE: JET)(OTCQB: JETMF) (the "Company" or "Jet Metal"
is pleased to announce the appointment of Mr. Mark Lotz to the Board of Directors. IIROC Trade Resumption - Sacre-Coeur Minerals Ltd.
Newsfile Corp - Thu Sep 19, 12:28PM CDT
Trading resumes in:
SACRE-COEUR MINERALS Reports Results From Guyana Metallurgical Test Holes: Length Weighted Average 3.08 G/T Au, Including 42.8 Meters Grading 10.56 G/T Au
Filing Services Canada - Thu Jun 20, 11:45AM CDT
Sacre-Coeur Minerals Ltd. (SCM - TSX Venture)(S5N - FWB), (the "Company"
today announced that it has received from its feasibility contractor, Tetra Tech, assays for core holes drilled into the Company's NI 43-101 compliant Million Mountain Zone 1 resource body located in Guyana, South America. The holes were drilled to collect samples for metallurgical testing in support of the feasibility study which is currently underway. A total of six HQ core holes were drilled vertically from surface through the saprolitized portion of the resource body to the contact with un-weathered rock below. The holes were positioned to target a representative range of grades expected from the "Measured" saprolite resource based on the resource model developed during the NI43-101 compliant resource estimate compiled for the Company by Pincock Allen & Holt. Results of all of the metallurgical test holes are presented in the table below: Sacre-Coeur Minerals Selects Tetra Tech, RDi, and Met-Solve for Feasibility and Associated Studies for Million Mountain Zone 1 Project
Business Wire - Mon Mar 04, 5:00AM CST
SACRE-COEUR MINERALS, LTD. (the "Company"
is pleased to announce the selection of Tetra Tech to lead its NI 43-101 compliant feasibility study for development of the Company's Million Mountain Zone 1 resource located in the Mazaruni Mining District No. 3 of Guyana, South America. In addition, the Company has engaged Resource Development Inc. ("RDi" and Met-Solve Laboratories Inc. ("Met-Solve" , two highly qualified metallurgical labs, to assist with metallurgical scoping and trade-off studies as well as final flow sheet development and process modelling. Sacre-Coeur Minerals Grants Stock Options
Filing Services Canada - Thu Feb 14, 11:00AM CST
Sacre-Coeur Minerals Ltd. (SCM - TSX Venture)(S5N - FWB), (the "Company"
announces that it has granted, subject to any necessary regulatory approvals, incentive stock options to purchase up to an aggregate of 2,075,000 common shares of the Company's Common Stock to six of its directors and officers. The options are exercisable for a term of three years at the price of CAD $0.25 per share, which represents a 20% premium to the Company's closing stock price on February 13, 2013. Sacre-Coeur Minerals Engages Dedicated Investor Relations Coordinator
Filing Services Canada - Thu Feb 07, 2:01AM CST
Sacre-Coeur Minerals Ltd. (SCM - TSX Venture)(S5N - FWB), (the "Company"
today announced that it has engaged Mr. Ryan Carpel as its Investor Relations Coordinator for an initial term of one year. Mr. Carpel has more than 15 years of experience in capital markets. Having worked both the buy and sell side of the institutional marketplace at Terra Nova Trading, Nite Capital Management, Next Generation Equity Research and most recently, J.P. Morgan Securities, he is thoroughly familiar with the securities business. While working as an Analyst at Nite Capital Management, he spearheaded research and investing in approximately 400 companies, including over 50 resources companies. Mr. Carpel earned an MBA degree from Loyola University in Chicago.
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