Latest Liberty Minerals Exp (LBEFF) Headlines
TSX Delisting Review - Northern Sun Mining Corp. - (Symbol: NSC)
CNW Group - Wed Feb 19, 7:30AM CST
DELISTING REVIEW Northern Sun Mining Corp. (the "Company") - Further to TSX Bulletin 2014-0065 dated January 20, 2014, the common shares (Symbol: NSC) of the Company will now be delisted at the close of business on Wednesday March 12, 2014 for failure to meet the continued listing requirements of TSX.
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.
Northern Sun Enters Into Custom Milling Agreement
Marketwire - Thu Dec 12, 6:31AM CST
Northern Sun Mining Corp. (TSX: NSC) (formerly Liberty Mines Inc.) has entered into a binding custom milling term sheet with Wallbridge Mining Company Limited (TSX: WM) to provide for the custom milling of ore from Wallbridge's Broken Hammer mine. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of 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 the first week of May 2014. The Company will generate both a gravity concentrate and a floatation concentrate which will then be conveyed to other smelters or refinery for further treatment. Waste from the ore after processing will be disposed of in the current tailings compound. Closing of the transaction remains subject to, among other things, the entering into a definitive agreement on or before February 7, 2014 and the receipt of all necessary regulatory approvals, as applicable.
Wallbridge Announces Milling Arrangement for Broken Hammer
CNW Group - Thu Dec 12, 6:30AM CST
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge") today announced that it has signed a binding term sheet, (the "Term Sheet") with Northern Sun Mining Corp. (formerly Liberty Mines Inc.) (TSX: NSC) ("Northern Sun") for the custom milling of its Broken Hammer ore at Northern Sun's Redstone concentrator in Timmins, Ontario. The Term Sheet is subject to, among other things, a Definitive Agreement to be entered into on or before February 7, 2014.
Northern Sun to Hold Conference Call Today-November 1, 2013-10:00 AM (EST)
Marketwire - Fri Nov 01, 6:01AM CDT
Northern Sun Mining Corp. (formerly Liberty Mines Inc.) (TSX: NSC) will host a conference call at 10:00 am EST today to provide shareholders with a management update on company activities and its recently announced $30,000,000 financing.
IIROC Trade Resumption - NSC (all issues)
CNW Group - Thu Oct 31, 1:34PM CDT
Trading resumes in:
IIROC Trade Resumption - Northern Sun Mining Corp.
Newsfile Corp - Thu Oct 31, 1:30PM CDT
Trading resumes in:
Northern Sun (TSX: NSC)(Formerly, Liberty Mines Inc.) Launches Private Placement Financing for Up to $30 Million
Marketwire - Thu Oct 31, 1:16PM CDT
Northern Sun Mining Corp. (formerly Liberty Mines Inc.)(TSX: NSC) continues to build upon its restructuring activities by launching a private placement financing of up to 50,000,000 subscription receipts for gross proceeds of up to $30,000,000. Since Forbes & Manhattan Inc. became involved with management in June 2013, Northern Sun Mining Corp. ("Northern Sun" or the "Company"), together with its largest shareholder Jien International Investment Inc. ("JIIL"), have aggressively implemented a turnaround plan involving various restructuring activities to re-position the Company as a near term gold producer.
IIROC Trading Halt - NSC (all issues)
CNW Group - Thu Oct 31, 1:15PM CDT
The following issues have been halted by IIROC:
TSX Delisting Review - Northern Sun Mining Corp. - (Symbol: NSC)
CNW Group - Wed Feb 19, 7:30AM CST
DELISTING REVIEW Northern Sun Mining Corp. (the "Company") - Further to TSX Bulletin 2014-0065 dated January 20, 2014, the common shares (Symbol: NSC) of the Company will now be delisted at the close of business on Wednesday March 12, 2014 for failure to meet the continued listing requirements of TSX.
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.
Northern Sun Enters Into Custom Milling Agreement
Marketwire - Thu Dec 12, 6:31AM CST
Northern Sun Mining Corp. (TSX: NSC) (formerly Liberty Mines Inc.) has entered into a binding custom milling term sheet with Wallbridge Mining Company Limited (TSX: WM) to provide for the custom milling of ore from Wallbridge's Broken Hammer mine. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of 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 the first week of May 2014. The Company will generate both a gravity concentrate and a floatation concentrate which will then be conveyed to other smelters or refinery for further treatment. Waste from the ore after processing will be disposed of in the current tailings compound. Closing of the transaction remains subject to, among other things, the entering into a definitive agreement on or before February 7, 2014 and the receipt of all necessary regulatory approvals, as applicable.
Wallbridge Announces Milling Arrangement for Broken Hammer
CNW Group - Thu Dec 12, 6:30AM CST
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge") today announced that it has signed a binding term sheet, (the "Term Sheet") with Northern Sun Mining Corp. (formerly Liberty Mines Inc.) (TSX: NSC) ("Northern Sun") for the custom milling of its Broken Hammer ore at Northern Sun's Redstone concentrator in Timmins, Ontario. The Term Sheet is subject to, among other things, a Definitive Agreement to be entered into on or before February 7, 2014.
Northern Sun to Hold Conference Call Today-November 1, 2013-10:00 AM (EST)
Marketwire - Fri Nov 01, 6:01AM CDT
Northern Sun Mining Corp. (formerly Liberty Mines Inc.) (TSX: NSC) will host a conference call at 10:00 am EST today to provide shareholders with a management update on company activities and its recently announced $30,000,000 financing.
IIROC Trade Resumption - NSC (all issues)
CNW Group - Thu Oct 31, 1:34PM CDT
Trading resumes in:
IIROC Trade Resumption - Northern Sun Mining Corp.
Newsfile Corp - Thu Oct 31, 1:30PM CDT
Trading resumes in:
Northern Sun (TSX: NSC)(Formerly, Liberty Mines Inc.) Launches Private Placement Financing for Up to $30 Million
Marketwire - Thu Oct 31, 1:16PM CDT
Northern Sun Mining Corp. (formerly Liberty Mines Inc.)(TSX: NSC) continues to build upon its restructuring activities by launching a private placement financing of up to 50,000,000 subscription receipts for gross proceeds of up to $30,000,000. Since Forbes & Manhattan Inc. became involved with management in June 2013, Northern Sun Mining Corp. ("Northern Sun" or the "Company"), together with its largest shareholder Jien International Investment Inc. ("JIIL"), have aggressively implemented a turnaround plan involving various restructuring activities to re-position the Company as a near term gold producer.
IIROC Trading Halt - NSC (all issues)
CNW Group - Thu Oct 31, 1:15PM CDT
The following issues have been halted by IIROC:
