Latest Klondex Mines Ltd (KLNDF) Headlines
Klondex Provides Operational Update
Marketwire - Fri Feb 28, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF) today provides an operational update for its Fire Creek gold project and the Midas gold and silver mine and mill, in Northern Nevada.
Klondex to Exhibit and Present at the PDAC, Red Cloud Event and Proactive Investors Power Breakfast
Marketwire - Wed Feb 26, 1:01PM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF) welcomes you to join us at the Prospectors and Developers Association Convention at the Metro Convention Center, South Building in Toronto. The convention spans from Sunday March 2 to Wednesday March 5, 2014. Klondex will also be presenting at the Red Cloud pre-PDAC event on Friday February 28 and the Proactive Investors Power Breakfast on Monday March 3.
Klondex Mines Infill Drilling Extends Joyce and Vonnie Veins at Fire Creek
Marketwire - Thu Feb 13, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF), a gold exploration and development company, today provides an update on recent underground infill and exploration drilling from its Fire Creek gold project near Elko, Nevada. A total of seventeen drill holes were drilled to the east of the main decline from Muck Bay (MB) 6 and Diamond Drill Station (DDS) 6 and 17 (See FIGURE 1).
Newmont sells its Midas operation to Klondex Mines Ltd for over USD83m
M2 - Wed Feb 12, 6:08AM CST
Producer of gold and copper Newmont Mining Corporation (NYSE:NEM) completed the sale of its Midas operation in Nevada to Klondex Mines Ltd (TSX:KDX) for a total consideration of over USD83m, it declared on Tuesday.
Newmont Completes Sale of Midas Operation
Business Wire - Tue Feb 11, 3:01PM CST
Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") announced it successfully completed the sale of its Midas operation in Nevada to Klondex Mines Ltd. (TSX: KDX) ("Klondex") for total consideration in excess of $83 million.
Klondex Mines Ltd. Announces Intention to Seek Written Shareholder Approval for Midas Financing Private Placements
Marketwire Canada - Tue Jan 21, 10:07AM CST
Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) ("Klondex", or the "Company") announces that in connection with the Company's brokered private placement (the "Equity Offering") of 29,400,000 subscription receipts ("Subscription Receipts") for gross proceeds of C$42,630,000 completed on January 9, 2014 (see press release dated January 9, 2014) and the proposed $25 million private placement debt offering (the "Debt Offering" and with the Equity Offering, the "Offerings") announced December 6, 2013, the Company will be seeking shareholder approval pursuant to the requirements of the Toronto Stock Exchange (the "TSX") of the Offerings together with the issuance of 5,000,000 common share purchase warrants (the "Consideration Warrants") to Newmont Mining Corporation (or its subsidiary) in connection with the Midas Acquisition (as defined below) (collectively, the "Issuances"). Shareholder approval of the Issuances is required pursuant to the rules of the TSX as the Issuances will result in the issuance of common shares of the Company ("Common Shares") in excess of 25% of the number of outstanding Common Shares. In addition, as the total number of Common Shares to be issued to insiders of the Company pursuant to the Offerings and previous private placements within the last six months represents more than 10% of the outstanding Common Shares, the TSX requires that the shareholder approval of the Offerings exclude the insiders of the Company participating in the Offerings. The Company advises that, in accordance with Section 604(d) of the TSX Company Manual, the Company will be seeking to obtain the requisite shareholder approval of the Issuances by way of written consents.
Klondex Mines Drilling Details Three Mineralized Structures in the West Zone
Marketwire - Mon Jan 20, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF), a Nevada gold exploration and development company, today announces assay results from its exploration drill program being conducted west of the main decline at its Fire Creek gold project near Elko, Nevada (Table 1).
Sun Valley Gold LLC: Control and Direction Over Subscription Receipts of Klondex Mines Ltd.
Marketwire - Wed Jan 15, 4:40PM CST
Sun Valley Gold LLC ("Sun Valley") announced today that it has acquired control and direction over 6,551,800 subscription receipts ("Subscription Receipts") of Klondex Mines Ltd. ("Klondex") on behalf of client accounts over which Sun Valley has discretionary trading authority. The Subscription Receipts were acquired pursuant to a private placement by Klondex of a total of 29,400,000 Subscription Receipts for a subscription price of $1.45 per Subscription Receipt (the "Offering"). Subject to adjustment in certain circumstances, each Subscription Receipt entitles the holder to receive, upon conversion, one common share of Klondex (a "Common Share") for no additional consideration. Subscription Receipts will be converted into Common Shares upon (i) completion of the proposed acquisition by Klondex of the Midas mine and milling facility and (ii) shareholder approval of the Offering (the "Escrow Conditions"). If the Escrow Conditions are not satisfied by February 28, 2014, the subscription proceeds will be returned to Sun Valley and the Subscription Receipts will be cancelled.
Klondex Mines Continues to Strengthen Nevada Operations Team; Klondex to Exhibit and Present at the Vancouver Resource Show
Marketwire - Tue Jan 14, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, is pleased to announce additions to the Klondex team. John Marma joins as Chief Geologist and Lee Morrison joins as Safety Supervisor. In addition, Klondex will be exhibiting (booth #1507) at the Cambridge House Vancouver Resource Investment Conference on January 19-20, 2014 at the Vancouver Convention Centre - West and presenting on Sunday January 19 at 1:30p PST.
Klondex Mines Intercepts New Areas of Gold Mineralization at Its Fire Creek Project
Marketwire - Thu Dec 19, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF), a Nevada gold exploration and development company, today reports gold assays at its Fire Creek gold Project in Nevada, from surface drilling. The drilling suggests possible extensions of the current mineral resource model.
Klondex Updates on Indicative Terms of the Proposed Financing With Franco-Nevada
Marketwire Canada - Mon Dec 09, 5:30AM CST
Further to the news release dated December 6, 2013, Klondex Mines Ltd. (TSX: KDX) ("Klondex" or the "Company") is pleased to provide additional details on the gold purchase arrangement with Franco-Nevada Corporation ("Franco-Nevada").
Klondex Provides Operational Update
Marketwire - Fri Feb 28, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF) today provides an operational update for its Fire Creek gold project and the Midas gold and silver mine and mill, in Northern Nevada.
Klondex to Exhibit and Present at the PDAC, Red Cloud Event and Proactive Investors Power Breakfast
Marketwire - Wed Feb 26, 1:01PM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF) welcomes you to join us at the Prospectors and Developers Association Convention at the Metro Convention Center, South Building in Toronto. The convention spans from Sunday March 2 to Wednesday March 5, 2014. Klondex will also be presenting at the Red Cloud pre-PDAC event on Friday February 28 and the Proactive Investors Power Breakfast on Monday March 3.
Klondex Mines Infill Drilling Extends Joyce and Vonnie Veins at Fire Creek
Marketwire - Thu Feb 13, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF), a gold exploration and development company, today provides an update on recent underground infill and exploration drilling from its Fire Creek gold project near Elko, Nevada. A total of seventeen drill holes were drilled to the east of the main decline from Muck Bay (MB) 6 and Diamond Drill Station (DDS) 6 and 17 (See FIGURE 1).
Newmont sells its Midas operation to Klondex Mines Ltd for over USD83m
M2 - Wed Feb 12, 6:08AM CST
Producer of gold and copper Newmont Mining Corporation (NYSE:NEM) completed the sale of its Midas operation in Nevada to Klondex Mines Ltd (TSX:KDX) for a total consideration of over USD83m, it declared on Tuesday.
Newmont Completes Sale of Midas Operation
Business Wire - Tue Feb 11, 3:01PM CST
Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") announced it successfully completed the sale of its Midas operation in Nevada to Klondex Mines Ltd. (TSX: KDX) ("Klondex") for total consideration in excess of $83 million.
Klondex Mines Ltd. Announces Intention to Seek Written Shareholder Approval for Midas Financing Private Placements
Marketwire Canada - Tue Jan 21, 10:07AM CST
Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) ("Klondex", or the "Company") announces that in connection with the Company's brokered private placement (the "Equity Offering") of 29,400,000 subscription receipts ("Subscription Receipts") for gross proceeds of C$42,630,000 completed on January 9, 2014 (see press release dated January 9, 2014) and the proposed $25 million private placement debt offering (the "Debt Offering" and with the Equity Offering, the "Offerings") announced December 6, 2013, the Company will be seeking shareholder approval pursuant to the requirements of the Toronto Stock Exchange (the "TSX") of the Offerings together with the issuance of 5,000,000 common share purchase warrants (the "Consideration Warrants") to Newmont Mining Corporation (or its subsidiary) in connection with the Midas Acquisition (as defined below) (collectively, the "Issuances"). Shareholder approval of the Issuances is required pursuant to the rules of the TSX as the Issuances will result in the issuance of common shares of the Company ("Common Shares") in excess of 25% of the number of outstanding Common Shares. In addition, as the total number of Common Shares to be issued to insiders of the Company pursuant to the Offerings and previous private placements within the last six months represents more than 10% of the outstanding Common Shares, the TSX requires that the shareholder approval of the Offerings exclude the insiders of the Company participating in the Offerings. The Company advises that, in accordance with Section 604(d) of the TSX Company Manual, the Company will be seeking to obtain the requisite shareholder approval of the Issuances by way of written consents.
Klondex Mines Drilling Details Three Mineralized Structures in the West Zone
Marketwire - Mon Jan 20, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF), a Nevada gold exploration and development company, today announces assay results from its exploration drill program being conducted west of the main decline at its Fire Creek gold project near Elko, Nevada (Table 1).
Sun Valley Gold LLC: Control and Direction Over Subscription Receipts of Klondex Mines Ltd.
Marketwire - Wed Jan 15, 4:40PM CST
Sun Valley Gold LLC ("Sun Valley") announced today that it has acquired control and direction over 6,551,800 subscription receipts ("Subscription Receipts") of Klondex Mines Ltd. ("Klondex") on behalf of client accounts over which Sun Valley has discretionary trading authority. The Subscription Receipts were acquired pursuant to a private placement by Klondex of a total of 29,400,000 Subscription Receipts for a subscription price of $1.45 per Subscription Receipt (the "Offering"). Subject to adjustment in certain circumstances, each Subscription Receipt entitles the holder to receive, upon conversion, one common share of Klondex (a "Common Share") for no additional consideration. Subscription Receipts will be converted into Common Shares upon (i) completion of the proposed acquisition by Klondex of the Midas mine and milling facility and (ii) shareholder approval of the Offering (the "Escrow Conditions"). If the Escrow Conditions are not satisfied by February 28, 2014, the subscription proceeds will be returned to Sun Valley and the Subscription Receipts will be cancelled.
Klondex Mines Continues to Strengthen Nevada Operations Team; Klondex to Exhibit and Present at the Vancouver Resource Show
Marketwire - Tue Jan 14, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, is pleased to announce additions to the Klondex team. John Marma joins as Chief Geologist and Lee Morrison joins as Safety Supervisor. In addition, Klondex will be exhibiting (booth #1507) at the Cambridge House Vancouver Resource Investment Conference on January 19-20, 2014 at the Vancouver Convention Centre - West and presenting on Sunday January 19 at 1:30p PST.
Klondex Mines Intercepts New Areas of Gold Mineralization at Its Fire Creek Project
Marketwire - Thu Dec 19, 5:31AM CST
Klondex Mines Ltd. (TSX: KDX)(OTCQX: KLNDF), a Nevada gold exploration and development company, today reports gold assays at its Fire Creek gold Project in Nevada, from surface drilling. The drilling suggests possible extensions of the current mineral resource model.
Klondex Updates on Indicative Terms of the Proposed Financing With Franco-Nevada
Marketwire Canada - Mon Dec 09, 5:30AM CST
Further to the news release dated December 6, 2013, Klondex Mines Ltd. (TSX: KDX) ("Klondex" or the "Company") is pleased to provide additional details on the gold purchase arrangement with Franco-Nevada Corporation ("Franco-Nevada").
