Latest North Amern Tungsten (NATUF) Headlines
North American Tungsten Reports Q1 Fiscal 2014 Results
Marketwire - Tue Feb 25, 4:01PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces a net loss of $4.5 million or $0.02 per share for the three months ended December 31, 2013 ("Q1 2014") compared to a net loss of $4.0 million or $0.02 per share for the comparable quarter in fiscal 2013 ("Q1 2013").
North American Tungsten Announces Results of the February 21, 2014 Annual General and Special Meeting of Shareholders
Marketwire - Fri Feb 21, 4:25PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") is pleased to announce the results of the annual and special meeting of the shareholders of the Company held February 21, 2014 in Vancouver BC. At the meeting the shareholders of the Company:
North American Tungsten Completes Loan Arrangement With Existing Customer
Marketwire - Fri Feb 21, 4:25PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces the completion of a USD$2.5 million loan with a customer. The loan of USD$2.5 million matures on March 31, 2017, and bears interest of 3.0% per annum with quarterly interest payments commencing on March 31, 2014. Equal principal repayments of USD$293,750 per quarter commence on March 31, 2015, and continue each quarter thereafter with the final payment of USD$150,000 due on March 31, 2017. The loan agreement contemplates an election right for a conversion of the indebtedness to a convertible note subject to receipt of applicable regulatory approvals. The loan is secured by a subordinate charge on the Company's MacTung property.
North American Tungsten Reports Fiscal 2013 Results
Marketwire - Tue Jan 14, 6:09PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces a net loss of $13.3 million or $0.06 per share for its fiscal year ended September 30, 2013 ("fiscal 2013") compared to a net loss of $9.9 million or $0.04 per share for the prior fiscal year ("fiscal 2012").
North American Tungsten Corporation Announces Debt Extension and Debenture Issuance
Marketwire - Tue Dec 31, 4:57PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) (the "Company") announces today that it has extended its $12,000,000 operating loan facility and its $12,000,000 working capital loan facility (the "Working Capital Loan") with HSBC Bank Canada ("HSBC") to June 30, 2014. A US$12,000,000 Letter of Credit ("L/C") backing the Working Capital Loan is sponsored by two directors of the Company (the "Sponsors") and has been extended for the same period. The Sponsors and HSBC have similarly extended a Put Agreement that allows HSBC to exchange the outstanding balance under the Loan with the Sponsors for up to the US$12,000,000 L/C. In exchange for extending the Put Agreement and the L/C, the Company has agreed to compensate the two Sponsors by paying a fee of 2.25% of the amount of the L/C each quarter that the L/C remains outstanding.
North American Tungsten Corporation Announces Extension of Debt Payment Due Dates
Marketwire - Thu Oct 31, 7:01PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) (the "Company") announces today that it has extended the payment date to December 31, 2013, for certain of its debt obligations otherwise due at the end of October.
North American Tungsten Comments on Q3 2013 Results
Marketwire - Mon Aug 26, 7:18PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces a net loss of $6.3 million ($0.03 per share ) for the three months ended June 30, 2013 and a net loss of $13.7 million ($0.06 per share) for the nine months ended on that date. These compare with a net loss of $2.2 million and net income of $6.9 million for the comparable periods of the prior year. The net loss for the quarter was magnified by the recognition of $1.8 million for employment contract settlements and $1.8 million of impairments of property, plant and equipment surplus to the requirements of the Company.
North American Tungsten Corporation Announces Passing of Director
Marketwire - Wed Jul 31, 6:43PM CDT
North American Tungsten Corporation Ltd. (the "Company") (TSX VENTURE: NTC) regretfully announces the recent passing of Christina Scott, the Corporate Secretary and a director of the Company. Ms. Scott passed away unexpectedly on July 11, 2013. Ms. Scott was a valued member of the Company's board and management team. She will be greatly missed by everyone at the Company.
North American Tungsten Announces Issuance of Bonus Share Purchase Warrants in Connection With Extension of Loan Facilities
Marketwire - Thu Jun 27, 4:01PM CDT
North American Tungsten Corporation Ltd. (the "Company") (TSX VENTURE: NTC) is pleased to announce that it has received TSX Venture Exchange approval for the issuance of an aggregate 5,000,000 common share purchase warrants (the "Warrants") to two directors in connection with the previously announced extension of the Company's CAD$12,000,000 working capital loan facility (see the News Release dated June 16, 2013). Each Warrant is exercisable for one common share of the Company at an exercise price of $0.20 per common share. The Warrants will expire on June 30, 2014.
North American Tungsten Reports Q1 Fiscal 2014 Results
Marketwire - Tue Feb 25, 4:01PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces a net loss of $4.5 million or $0.02 per share for the three months ended December 31, 2013 ("Q1 2014") compared to a net loss of $4.0 million or $0.02 per share for the comparable quarter in fiscal 2013 ("Q1 2013").
North American Tungsten Announces Results of the February 21, 2014 Annual General and Special Meeting of Shareholders
Marketwire - Fri Feb 21, 4:25PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") is pleased to announce the results of the annual and special meeting of the shareholders of the Company held February 21, 2014 in Vancouver BC. At the meeting the shareholders of the Company:
North American Tungsten Completes Loan Arrangement With Existing Customer
Marketwire - Fri Feb 21, 4:25PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces the completion of a USD$2.5 million loan with a customer. The loan of USD$2.5 million matures on March 31, 2017, and bears interest of 3.0% per annum with quarterly interest payments commencing on March 31, 2014. Equal principal repayments of USD$293,750 per quarter commence on March 31, 2015, and continue each quarter thereafter with the final payment of USD$150,000 due on March 31, 2017. The loan agreement contemplates an election right for a conversion of the indebtedness to a convertible note subject to receipt of applicable regulatory approvals. The loan is secured by a subordinate charge on the Company's MacTung property.
North American Tungsten Reports Fiscal 2013 Results
Marketwire - Tue Jan 14, 6:09PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces a net loss of $13.3 million or $0.06 per share for its fiscal year ended September 30, 2013 ("fiscal 2013") compared to a net loss of $9.9 million or $0.04 per share for the prior fiscal year ("fiscal 2012").
North American Tungsten Corporation Announces Debt Extension and Debenture Issuance
Marketwire - Tue Dec 31, 4:57PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) (the "Company") announces today that it has extended its $12,000,000 operating loan facility and its $12,000,000 working capital loan facility (the "Working Capital Loan") with HSBC Bank Canada ("HSBC") to June 30, 2014. A US$12,000,000 Letter of Credit ("L/C") backing the Working Capital Loan is sponsored by two directors of the Company (the "Sponsors") and has been extended for the same period. The Sponsors and HSBC have similarly extended a Put Agreement that allows HSBC to exchange the outstanding balance under the Loan with the Sponsors for up to the US$12,000,000 L/C. In exchange for extending the Put Agreement and the L/C, the Company has agreed to compensate the two Sponsors by paying a fee of 2.25% of the amount of the L/C each quarter that the L/C remains outstanding.
North American Tungsten Corporation Announces Extension of Debt Payment Due Dates
Marketwire - Thu Oct 31, 7:01PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) (the "Company") announces today that it has extended the payment date to December 31, 2013, for certain of its debt obligations otherwise due at the end of October.
North American Tungsten Comments on Q3 2013 Results
Marketwire - Mon Aug 26, 7:18PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company") announces a net loss of $6.3 million ($0.03 per share ) for the three months ended June 30, 2013 and a net loss of $13.7 million ($0.06 per share) for the nine months ended on that date. These compare with a net loss of $2.2 million and net income of $6.9 million for the comparable periods of the prior year. The net loss for the quarter was magnified by the recognition of $1.8 million for employment contract settlements and $1.8 million of impairments of property, plant and equipment surplus to the requirements of the Company.
North American Tungsten Corporation Announces Passing of Director
Marketwire - Wed Jul 31, 6:43PM CDT
North American Tungsten Corporation Ltd. (the "Company") (TSX VENTURE: NTC) regretfully announces the recent passing of Christina Scott, the Corporate Secretary and a director of the Company. Ms. Scott passed away unexpectedly on July 11, 2013. Ms. Scott was a valued member of the Company's board and management team. She will be greatly missed by everyone at the Company.
North American Tungsten Announces Issuance of Bonus Share Purchase Warrants in Connection With Extension of Loan Facilities
Marketwire - Thu Jun 27, 4:01PM CDT
North American Tungsten Corporation Ltd. (the "Company") (TSX VENTURE: NTC) is pleased to announce that it has received TSX Venture Exchange approval for the issuance of an aggregate 5,000,000 common share purchase warrants (the "Warrants") to two directors in connection with the previously announced extension of the Company's CAD$12,000,000 working capital loan facility (see the News Release dated June 16, 2013). Each Warrant is exercisable for one common share of the Company at an exercise price of $0.20 per common share. The Warrants will expire on June 30, 2014.
