Latest Duran Venture Inc (DUVNF) Headlines II
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Posted On: 03/09/2014 4:07:31 PM
Latest Duran Venture Inc (DUVNF) Headlines
IIROC Trade Resumption - Duran Ventures Inc.
Newsfile Corp - Tue Mar 04, 7:33AM CST
Trading resumes in:
Viper Gold Announces Proposed Disposition of Interest in Corongo
Marketwire - Mon Mar 03, 6:36PM CST
Viper Gold Ltd. (TSX VENTURE: VPR) ("Viper" or the "Company") announced today that it has entered into a Conditional Termination Agreement (the "Termination Agreement") with Duran Ventures Inc. ("Duran") which would effectively terminate the Joint Operating Agreement between Viper and Duran resulting in the disposition of the Company's 50% interest in certain mineral concessions in Peru known as the Corongo Project held by Corongo Exploraciones S.A.C., a subsidiary of Duran, which are currently the subject of a property option agreement among Duran, its wholly owned subsidiary Minera Aguila de Oro S.A.C. and Viper (the "Proposed Disposition"). Proceeds net to Viper from the Proposed Disposition are expected to be approximately US $200,000 upon satisfaction of certain conditions. The Proposed Disposition is expected to close concurrently with the disposition of other mining assets held by Duran in Peru to Minera Penoles de Peru S.A. ("Penoles"), a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. on or about April 15, 2014, and, in any event, not later than May 31, 2014.
Duran Ventures Announces Agreement to Sell Aguila Project
Marketwire - Mon Mar 03, 5:28PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") announces, further to its news release of October 15, 2013 that it was reviewing its strategic alternatives, that it has entered into mining concessions transfer and asset sales agreements (the "Agreements") dated March 3, 2014 with Minera Penoles de Peru S.A. ("Penoles"), a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. (BMV
E&OLES) ("Industrias Penoles"), pursuant to which Duran has agreed to sell to Penoles the Company's Aguila Porphyry Copper-Molybdenum Project in Peru as well as the Company's 50% interest in the Corongo concessions and certain other assets (together, the "Subject Assets"). Industrias Penoles is the leading world producer of refined silver, metallic bismuth and sodium sulfate, and one of the main Latin-American producers of refined lead, zinc, as well as a leading Mexican producer of refined gold.
Duran Ventures Files Amended and Restated MD&A for Year Ended December 31, 2012
Marketwire - Fri Nov 29, 3:48PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company") announces today that, as a result of an Ontario Securities Commission ("OSC") issue oriented review under the OSC's continuous disclosure review program, the Company has filed on SEDAR an Amended and Restated Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2012.
Duran Ventures Reviews Strategic Alternatives
Marketwire - Tue Oct 15, 2:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") announces that its Board of Directors has commenced a review of strategic alternatives for the Company with the objective of enhancing shareholder value. As part of the strategic review process, the Company will be examining a number of alternatives including, but not limited to, joint ventures, strategic partnerships, mergers, acquisitions, and the sale of the Company or other corporate transactions to enhance shareholder value.
Duran Ventures Announces Closing of Second Tranche
Marketwire - Thu Sep 12, 7:03AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to announce that it has completed the second tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering"). The Offering consists of up to 16,666,666 units (each, a "Unit") at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV"). Each Unit consists of one common share of the Company ("Common Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions"). Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Ventures Announces First Closing of Financing
Marketwire - Fri Aug 16, 10:01AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to announce that it has completed the first tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering"). The Offering consists of up to 16,666,666 units (each, a "Unit") at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV"). Each Unit will consist of one common share of the Company ("Common Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions"). Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Ventures Announces Private Placement of up to $500,000
Marketwire - Tue Aug 06, 8:03AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") announced that it is conducting a non-brokered private placement of up to 16,666,666 units (each, a "Unit") at $0.03 per Unit for total gross proceeds of up to $500,000 (the "Offering"), subject to approval of the TSX Venture Exchange (the "TSXV"). Each Unit will consist of one common share of the Company ("Common Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulleting dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions"). Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, upcoming property option payments, and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Announces SEDAR Filing of Updated Technical Report for Aguila Copper/Moly Resource Estimate; and Provides Corporate Update
Marketwire - Mon Jul 22, 4:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to report that it has filed an updated technical report pursuant to National Instrument 43-101 ("NI 43-101") in support of the Company's June 7, 2013 news release announcing an updated resource estimate for its 100% owned porphyry copper/molybdenum Aguila Project, Peru. The Aguila Project is located in Peru's north central Ancash Department, 40 kilometres south of the Magistral copper/molybdenum deposit of Compania Minera Milpo SAA ("MILPO") and some 120 km north of Peru's largest polymetallic mine, the Antamina Mine held by BHP/Xstrata/Teck/Mitsubishi.
Duran Ventures Announces Results of Annual and Special Meeting of Shareholders
Marketwire - Thu Jun 27, 5:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV) (LMA: DRV) ("Duran" or the "Company") is pleased to announce the voting results from its annual and special meeting of shareholders held on June 27, 2013 (the "Meeting"). At the Meeting the shareholders elected Mr. Joseph Del Campo, Mr. John P. Thompson, Mr. David Prins, Mr. Steven S. Brunelle, Mr. Oscar F. Pezo Camacho and Mr. Jeffrey J. Reeder as directors of the Company.
Duran Updates Activities at its Optioned Projects and Acquires New Land Positions in Peru
Marketwire - Thu Jun 27, 11:00AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to provide the following update on its optioned properties in Peru.
IIROC Trade Resumption - Duran Ventures Inc.
Newsfile Corp - Tue Mar 04, 7:33AM CST
Trading resumes in:
Viper Gold Announces Proposed Disposition of Interest in Corongo
Marketwire - Mon Mar 03, 6:36PM CST
Viper Gold Ltd. (TSX VENTURE: VPR) ("Viper" or the "Company") announced today that it has entered into a Conditional Termination Agreement (the "Termination Agreement") with Duran Ventures Inc. ("Duran") which would effectively terminate the Joint Operating Agreement between Viper and Duran resulting in the disposition of the Company's 50% interest in certain mineral concessions in Peru known as the Corongo Project held by Corongo Exploraciones S.A.C., a subsidiary of Duran, which are currently the subject of a property option agreement among Duran, its wholly owned subsidiary Minera Aguila de Oro S.A.C. and Viper (the "Proposed Disposition"). Proceeds net to Viper from the Proposed Disposition are expected to be approximately US $200,000 upon satisfaction of certain conditions. The Proposed Disposition is expected to close concurrently with the disposition of other mining assets held by Duran in Peru to Minera Penoles de Peru S.A. ("Penoles"), a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. on or about April 15, 2014, and, in any event, not later than May 31, 2014.
Duran Ventures Announces Agreement to Sell Aguila Project
Marketwire - Mon Mar 03, 5:28PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") announces, further to its news release of October 15, 2013 that it was reviewing its strategic alternatives, that it has entered into mining concessions transfer and asset sales agreements (the "Agreements") dated March 3, 2014 with Minera Penoles de Peru S.A. ("Penoles"), a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. (BMV
E&OLES) ("Industrias Penoles"), pursuant to which Duran has agreed to sell to Penoles the Company's Aguila Porphyry Copper-Molybdenum Project in Peru as well as the Company's 50% interest in the Corongo concessions and certain other assets (together, the "Subject Assets"). Industrias Penoles is the leading world producer of refined silver, metallic bismuth and sodium sulfate, and one of the main Latin-American producers of refined lead, zinc, as well as a leading Mexican producer of refined gold. Duran Ventures Files Amended and Restated MD&A for Year Ended December 31, 2012
Marketwire - Fri Nov 29, 3:48PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company") announces today that, as a result of an Ontario Securities Commission ("OSC") issue oriented review under the OSC's continuous disclosure review program, the Company has filed on SEDAR an Amended and Restated Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2012.
Duran Ventures Reviews Strategic Alternatives
Marketwire - Tue Oct 15, 2:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") announces that its Board of Directors has commenced a review of strategic alternatives for the Company with the objective of enhancing shareholder value. As part of the strategic review process, the Company will be examining a number of alternatives including, but not limited to, joint ventures, strategic partnerships, mergers, acquisitions, and the sale of the Company or other corporate transactions to enhance shareholder value.
Duran Ventures Announces Closing of Second Tranche
Marketwire - Thu Sep 12, 7:03AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to announce that it has completed the second tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering"). The Offering consists of up to 16,666,666 units (each, a "Unit") at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV"). Each Unit consists of one common share of the Company ("Common Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions"). Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Ventures Announces First Closing of Financing
Marketwire - Fri Aug 16, 10:01AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to announce that it has completed the first tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering"). The Offering consists of up to 16,666,666 units (each, a "Unit") at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV"). Each Unit will consist of one common share of the Company ("Common Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions"). Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Ventures Announces Private Placement of up to $500,000
Marketwire - Tue Aug 06, 8:03AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") announced that it is conducting a non-brokered private placement of up to 16,666,666 units (each, a "Unit") at $0.03 per Unit for total gross proceeds of up to $500,000 (the "Offering"), subject to approval of the TSX Venture Exchange (the "TSXV"). Each Unit will consist of one common share of the Company ("Common Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulleting dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions"). Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, upcoming property option payments, and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Announces SEDAR Filing of Updated Technical Report for Aguila Copper/Moly Resource Estimate; and Provides Corporate Update
Marketwire - Mon Jul 22, 4:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to report that it has filed an updated technical report pursuant to National Instrument 43-101 ("NI 43-101") in support of the Company's June 7, 2013 news release announcing an updated resource estimate for its 100% owned porphyry copper/molybdenum Aguila Project, Peru. The Aguila Project is located in Peru's north central Ancash Department, 40 kilometres south of the Magistral copper/molybdenum deposit of Compania Minera Milpo SAA ("MILPO") and some 120 km north of Peru's largest polymetallic mine, the Antamina Mine held by BHP/Xstrata/Teck/Mitsubishi.
Duran Ventures Announces Results of Annual and Special Meeting of Shareholders
Marketwire - Thu Jun 27, 5:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV) (LMA: DRV) ("Duran" or the "Company") is pleased to announce the voting results from its annual and special meeting of shareholders held on June 27, 2013 (the "Meeting"). At the Meeting the shareholders elected Mr. Joseph Del Campo, Mr. John P. Thompson, Mr. David Prins, Mr. Steven S. Brunelle, Mr. Oscar F. Pezo Camacho and Mr. Jeffrey J. Reeder as directors of the Company.
Duran Updates Activities at its Optioned Projects and Acquires New Land Positions in Peru
Marketwire - Thu Jun 27, 11:00AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company") is pleased to provide the following update on its optioned properties in Peru.
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