Latest Mill City Gold Corp (MCYGF) Headlines
Mill City Announces US$40 Million Financing
Marketwire - Tue Feb 18, 9:06AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) announced today that it is undertaking a private placement (the "Offering") to raise up to US$40 million through the sale of up to 80 million units (the "Units") at a price of US$0.50 per Unit. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each such whole warrant, a "Warrant"). Each Warrant will be exercisable to purchase one common share of the Company for a period of 1 year from closing at an exercise price of US$2.50 per share.
Mill City Revises Letter of Intent to Acquire Significant Oil and Gas Interest
Marketwire - Thu Feb 13, 9:40AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company")(TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to announce the signing of a revised Letter of Intent ("LOI") to purchase up to a 75% working interest in the North East Tanjung Block, an onshore Indonesian gas concession and Production Sharing Contract with a 30 year contract term including an initial 6 year exploration period, from PT Trimata Energi Investama ("PTTEI"), an Indonesian company owning 85% of the shares of PT Anugerah Trimata Kaltim Energi ("PTATKE"), that holds a 100% working interest in the project.
Mill City Signs Letter of Intent to Acquire Significant Oil and Gas Interest
Marketwire - Mon Jan 20, 10:50AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to announce the signing of a Letter of Intent ("LOI") to purchase up to a 60% interest in the North East Tanjung Block, an onshore Indonesian gas concession and Production Sharing Contract with a 30 year contract term including initial 6 year exploration period, from PT Anugerah Trimata Kaltim Energi ("PTATKE"), an Indonesian limited liability company that holds a 100% working interest in the project.
Mill City Poised to Advance Despite Challenging Market Conditions
Marketwire - Mon Jan 13, 8:15AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to provide a continuing update on the execution of the Company's ongoing reorganization plan. The plan is designed to give shareholders a fresh opportunity to take advantage of some of the compelling project values available today in the mining industry.
Mill City Corporate Update
Marketwire - Thu Dec 19, 8:16AM CST
MILL CITY GOLD CORP. (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) ("Mill City" and/or the "Company") would like to take this opportunity to update its shareholders with respect to the Company's plans for 2014.
Mill City Announces Grant of Stock Options
Marketwire - Wed Nov 13, 10:24AM CST
MILL CITY GOLD CORP. (the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) announces that it has granted directors of the Company and a consultant 2,200,000 incentive stock options (the "Stock Options"). Each Stock Option is exercisable to purchase one common share at a price of $0.06 per share until November 13, 2018. The options shall vest as to 100% on the date of the grant.
CORRECTION FROM SOURCE: Mill City Announces Closing of Private Placement
Marketwire - Tue Nov 12, 11:28AM CST
This document corrects and replaces the press release previously issued yesterday at 19:30 EST. The date of March 11, 2014 in the 2nd paragraph has been changed to March 12, 2014.
Mill City Announces Closing of Private Placement
Marketwire - Mon Nov 11, 5:17PM CST
MILL CITY GOLD CORP. ("Mill City" or the "Company")(TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to announce that it has closed its previously announced non-brokered private placement of units (the "Offering"). The Company issued 10,000,000 units at a price of $0.02 per unit with each unit consisting of one common share (a "Share") and one transferable common share purchase warrant (a "Warrant"), raising gross proceeds of $200,000. Each Warrant entitles the holder thereof to purchase one additional Share for a period of 5 years at a price of $0.05 per Share for the first year and $0.10 per Share for the remaining four years.
Mill City Announces Adoption of Advance Notice Policy
Marketwire - Fri Sep 13, 9:01AM CDT
MILL CITY GOLD CORP. (the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) announces the approval and adoption by its Board of Directors of an advance notice policy (the "Policy"). The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors of the Company. The Company is committed to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation. The Policy is intended to further these objectives.
Mill City Announces US$40 Million Financing
Marketwire - Tue Feb 18, 9:06AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) announced today that it is undertaking a private placement (the "Offering") to raise up to US$40 million through the sale of up to 80 million units (the "Units") at a price of US$0.50 per Unit. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each such whole warrant, a "Warrant"). Each Warrant will be exercisable to purchase one common share of the Company for a period of 1 year from closing at an exercise price of US$2.50 per share.
Mill City Revises Letter of Intent to Acquire Significant Oil and Gas Interest
Marketwire - Thu Feb 13, 9:40AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company")(TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to announce the signing of a revised Letter of Intent ("LOI") to purchase up to a 75% working interest in the North East Tanjung Block, an onshore Indonesian gas concession and Production Sharing Contract with a 30 year contract term including an initial 6 year exploration period, from PT Trimata Energi Investama ("PTTEI"), an Indonesian company owning 85% of the shares of PT Anugerah Trimata Kaltim Energi ("PTATKE"), that holds a 100% working interest in the project.
Mill City Signs Letter of Intent to Acquire Significant Oil and Gas Interest
Marketwire - Mon Jan 20, 10:50AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to announce the signing of a Letter of Intent ("LOI") to purchase up to a 60% interest in the North East Tanjung Block, an onshore Indonesian gas concession and Production Sharing Contract with a 30 year contract term including initial 6 year exploration period, from PT Anugerah Trimata Kaltim Energi ("PTATKE"), an Indonesian limited liability company that holds a 100% working interest in the project.
Mill City Poised to Advance Despite Challenging Market Conditions
Marketwire - Mon Jan 13, 8:15AM CST
MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to provide a continuing update on the execution of the Company's ongoing reorganization plan. The plan is designed to give shareholders a fresh opportunity to take advantage of some of the compelling project values available today in the mining industry.
Mill City Corporate Update
Marketwire - Thu Dec 19, 8:16AM CST
MILL CITY GOLD CORP. (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) ("Mill City" and/or the "Company") would like to take this opportunity to update its shareholders with respect to the Company's plans for 2014.
Mill City Announces Grant of Stock Options
Marketwire - Wed Nov 13, 10:24AM CST
MILL CITY GOLD CORP. (the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) announces that it has granted directors of the Company and a consultant 2,200,000 incentive stock options (the "Stock Options"). Each Stock Option is exercisable to purchase one common share at a price of $0.06 per share until November 13, 2018. The options shall vest as to 100% on the date of the grant.
CORRECTION FROM SOURCE: Mill City Announces Closing of Private Placement
Marketwire - Tue Nov 12, 11:28AM CST
This document corrects and replaces the press release previously issued yesterday at 19:30 EST. The date of March 11, 2014 in the 2nd paragraph has been changed to March 12, 2014.
Mill City Announces Closing of Private Placement
Marketwire - Mon Nov 11, 5:17PM CST
MILL CITY GOLD CORP. ("Mill City" or the "Company")(TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) is pleased to announce that it has closed its previously announced non-brokered private placement of units (the "Offering"). The Company issued 10,000,000 units at a price of $0.02 per unit with each unit consisting of one common share (a "Share") and one transferable common share purchase warrant (a "Warrant"), raising gross proceeds of $200,000. Each Warrant entitles the holder thereof to purchase one additional Share for a period of 5 years at a price of $0.05 per Share for the first year and $0.10 per Share for the remaining four years.
Mill City Announces Adoption of Advance Notice Policy
Marketwire - Fri Sep 13, 9:01AM CDT
MILL CITY GOLD CORP. (the "Company") (TSX VENTURE: MC)(OTCBB: MCYGF)(FRANKFURT: NJ6) announces the approval and adoption by its Board of Directors of an advance notice policy (the "Policy"). The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors of the Company. The Company is committed to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation. The Policy is intended to further these objectives.
