Latest Infrastructure Matrl (IFAM) Headlines
Post# of 4
10-Q: INFRASTRUCTURE MATERIALS CORP.
Edgar Online - Wed Feb 12, 2:31PM CST
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION
A.M. Best Upgrades Ratings of RoyalStar Assurance Limited
A.M. Best Company - AMBest - Thu Jan 16, 9:12AM CST
A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to â??aâ? from â??a-â? of RoyalStar Assurance Limited (RSA) (Nassau, Bahamas). The outlook for both ratings is stable.
Infrastructure Materials Corp. Suspends Drilling at Clay Peters Project
GlobeNewswire - Fri Oct 25, 8:20AM CDT
Infrastructure Materials Corp. (the "Company") (OTCBB:IFAM) (TSX-V:IFM) is announcing its decision to suspend a two-phase 5,000 foot reverse circulation drill program at the Company's Clay Peters Project in Nevada (the "Project") after the completion of the first phase for a total of 3,000 feet. The Company designed the drill program to include two phases, with a short midpoint break to analyze drill results. After completing this analysis, the Company concluded that the current drill program should be halted for lack of favorable results. The Project consists of 263 mineral claims located in Mineral County, Nevada, approximately 11 miles northeast of the town of Mina.
Infrastructure Materials Corp. Announces Conversion of Debt
GlobeNewswire - Wed Oct 09, 8:20AM CDT
Infrastructure Materials Corp. (TSXV:IFM) (OTCBB:IFAM) (the "Company") is pleased to announce that it has completed the conversion of debt transaction (the "Conversion") with Mont Strategies Inc. a corporation that is owned and controlled by a member of the Company's Board of Directors, as previously announced on September 9, 2013.
Todd Montgomery-Press Release
Marketwire - Tue Oct 08, 1:22PM CDT
Todd Montgomery ("Montgomery") advises that on or about October 8, 2013 he acquired through his holding company Mont Strategies Inc. ownership of 6,035,800 common shares of Infrastructure Materials Corp. (the "Issuer") at $0.05 per share pursuant to a "shares for debt" transaction that was approved by the TSXV on September 25, 2013.
Infrastructure Materials Corp. Announces Fully Subscribed Private Placement
GlobeNewswire - Mon Sep 09, 2:00PM CDT
Infrastructure Materials Corp. ("Infrastructure" or the "Company") (TSXV:IFM) (OTCBB:IFAM) is pleased to announce that its most recent private placement was fully subscribed as of August 28, 2013 at a price of CDN $0.015 per share, resulting in the sale of 33,333,333 common shares from the treasury of the Company for gross proceeds of CDN $500,000. The shares are subject to a four month hold period in Canada, which will expire on December 29, 2013, and to a minimum six month hold period under U.S. securities laws. Proceeds of the offering will be primarily used to maintain the business and operations of Infrastructure. As of August 28, 2013, the date on which the offering closed, the Company had a total of 132,268,819 common shares outstanding.
Infrastructure Materials Corp. Announces Non-Brokered Private Placement
GlobeNewswire - Fri Aug 09, 8:20AM CDT
Infrastructure Materials Corp. ("Infrastructure" or the "Corporation") (TSX-V:IFM) (OTCBB:IFAM) is pleased to announce an arrangement of a non-brokered private placement of up to 33,333,333 common shares at a price of CDN $0.015 per common share for total gross proceeds of approximately CDN $500,000 (the "Private Placement" or the "Offering"). The price per common share has been set at the last trading price on the TSX Venture Exchange (the "Exchange") before the issuance of this release. The Private Placement is being completed pursuant to the temporary relief measures with respect to certain pricing requirements as set out in the Exchange's Corporate Finance Bulletin dated April 12, 2013 (the "Bulletin"). Assuming that the Private Placement is fully subscribed, upon completion of the Offering, Infrastructure will have an aggregate of 132,268,819 common shares issued and outstanding.
Infrastructure Materials Corp. Announces Completion of IP/Resistivity Survey at Clay Peters
GlobeNewswire - Mon Jul 29, 8:20AM CDT
Infrastructure Materials Corp. (OTCBB:IFAM) (TSX-V:IFM) (the "Company") is pleased to announce the completion of a Induced Polarization (IP)/Resistivity geophysical orientation survey program on its Clay Peters Project in Nevada (the "Project"), referred to in prior communications as "Kope Scheelite". Following positive results of the magnetic survey earlier in 2013 (see news release dated April 22, 2013 available on www.sedar.com and www.infrastructurematerialscorp.com), the Company retained Zonge Geosciences Inc. to conduct an IP/Resistivity survey to further define the geophysical features and identify drilling targets.
Infrastructure Materials Corp. Announces Promising Results From Clay Peters Geophysics
GlobeNewswire - Mon Apr 22, 8:20AM CDT
Infrastructure Materials Corp. (OTCBB:IFAM) (TSX-V:IFM) (TSX-V:IFM.s) (the "Company") is pleased to announce the completion of the first phase of an extensive geophysical survey program on its Clay Peters Project in Nevada (the "Project"), referred to in prior communications as "Kope Scheelite." The Company's survey program extended to the south a magnetic geophysical survey that was conducted by Zonge International Inc. of Reno, Nevada ("Zonge"), for AngloGold (U.S.A.) Exploration, Inc. in 1999, and offers encouraging evidence of the presence of a high priority anomalous target.
Infrastructure Materials Corp. Announces Expiration of Investor Relations Contract
GlobeNewswire - Wed Apr 03, 8:20AM CDT
Infrastructure Materials Corp. (OTCBB:IFAM) (TSX-V:IFM) (TSX-V:IFM.s) (the "Company") announced today that its contract with Teatyn Enterprises Inc. to provide investor relations services has expired.
Infrastructure Materials Corp to divest 100% Interest in Nivloc Property for USD425,000
M2 - Tue Mar 12, 9:54AM CDT
Exploration company Infrastructure Materials Corp (OTC Markets:IFAM) (TSXV:IFM.V) (TSXV:IFM-S.V) stated on Monday that it has agreed to sell its entire interest in the NL Extension Project (the NL Project) for USD425,000.
Infrastructure Materials Corp. to Sell 100% Interest in Nivloc Property
GlobeNewswire - Mon Mar 11, 8:05AM CDT
Infrastructure Materials Corp. (OTCBB:IFAM) (TSX-V:IFM) (TSX-V:IFM-S) (the "Company") is pleased to announce that its wholly-owned subsidiary, Silver Reserve Corp. ("SRC"), has finalized and executed a Sale and Purchase Agreement (the "Sale Agreement") with International Millennium Mining Inc. ("IMMI"), a wholly-owned subsidiary of International Millennium Mining Corp. (TSX-V:IMI) ("IMMC") to sell the Company's entire interest in the NL Extension Project (the "NL Project") for US$425,000.