Latest Roca Mines Inc (ROCAF) Headlines Discove
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Posted On: 03/11/2014 5:28:20 AM
Latest Roca Mines Inc (ROCAF) Headlines
Discovery Ventures and Roca Mines Announce Further Extension of Payment Terms With Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire - Fri Mar 07, 8:01AM CST
Further to the news releases dated November 15, 2013 and January 8, 2014, Discovery Ventures Inc. ("Discovery") (TSX VENTURE: DVN) and Roca Mines Inc. ("Roca") are pleased to announce they have further amended the letter agreement dated November 4, 2013 (the "Agreement"), among Discovery, Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). Pursuant to the Agreement, Roca granted an exclusive option to Discovery, exercisable in three stages, to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures and Roca Mines Announce Partial Payment and Extension of Payment Terms with Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire - Wed Jan 08, 4:03PM CST
Discovery Ventures Inc. (TSX VENTURE: DVN) ("Discovery") and Roca Mines Inc. ("Roca") are pleased to announce they have amended the letter agreement dated November 4, 2013 (the "Agreement") with Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). Pursuant to the original letter agreement, Roca granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures Announces Receipt of Final Approval from TSXV of Proposed Acquisition of Max Mine and Mill
Marketwire - Tue Dec 03, 10:30AM CST
Discovery Ventures Inc. ("Discovery") (TSXV: DVN) is pleased to announce it has received final approval from the TSX Venture Exchange with respect to the binding letter agreement dated November 4, 2013 (the "Agreement"). Pursuant to the terms of the Agreement, Roca Mines Inc. ("Roca") has granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). As discussed in Discovery's news release dated November 6, 2013, FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures Announces Conditional Approval from TSXV of Proposed Acquisition of Max Mine and Mill
Marketwire - Thu Nov 07, 4:01AM CST
Discovery Ventures Inc. ("Discovery") (TSX VENTURE: DVN) is pleased to announce it has received conditional approval from the TSX Venture Exchange with respect to the binding letter agreement dated November 4, 2013 (the "Agreement"). Pursuant to the terms of the Agreement, Roca Mines Inc. ("Roca") has granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo Metals Inc., a wholly-owned subsidiary of Roca. As discussed in Discovery's news release dated November 6, 2013, FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures Inc. Announces it has Entered Into Discussions With Roca Mines Inc. Regarding Asset Acquisitions
Marketwire - Tue Apr 23, 7:04AM CDT
Discovery Ventures Inc. ("Discovery" or the "Company") (TSX VENTURE: DVN) is pleased to announce that it has entered into discussions with Roca Mines Inc. and commenced due diligence efforts with respect to the potential acquisition assets.
Discovery Ventures and Roca Mines Announce Further Extension of Payment Terms With Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire - Fri Mar 07, 8:01AM CST
Further to the news releases dated November 15, 2013 and January 8, 2014, Discovery Ventures Inc. ("Discovery") (TSX VENTURE: DVN) and Roca Mines Inc. ("Roca") are pleased to announce they have further amended the letter agreement dated November 4, 2013 (the "Agreement"), among Discovery, Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). Pursuant to the Agreement, Roca granted an exclusive option to Discovery, exercisable in three stages, to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures and Roca Mines Announce Partial Payment and Extension of Payment Terms with Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire - Wed Jan 08, 4:03PM CST
Discovery Ventures Inc. (TSX VENTURE: DVN) ("Discovery") and Roca Mines Inc. ("Roca") are pleased to announce they have amended the letter agreement dated November 4, 2013 (the "Agreement") with Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). Pursuant to the original letter agreement, Roca granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures Announces Receipt of Final Approval from TSXV of Proposed Acquisition of Max Mine and Mill
Marketwire - Tue Dec 03, 10:30AM CST
Discovery Ventures Inc. ("Discovery") (TSXV: DVN) is pleased to announce it has received final approval from the TSX Venture Exchange with respect to the binding letter agreement dated November 4, 2013 (the "Agreement"). Pursuant to the terms of the Agreement, Roca Mines Inc. ("Roca") has granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). As discussed in Discovery's news release dated November 6, 2013, FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures Announces Conditional Approval from TSXV of Proposed Acquisition of Max Mine and Mill
Marketwire - Thu Nov 07, 4:01AM CST
Discovery Ventures Inc. ("Discovery") (TSX VENTURE: DVN) is pleased to announce it has received conditional approval from the TSX Venture Exchange with respect to the binding letter agreement dated November 4, 2013 (the "Agreement"). Pursuant to the terms of the Agreement, Roca Mines Inc. ("Roca") has granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo Metals Inc., a wholly-owned subsidiary of Roca. As discussed in Discovery's news release dated November 6, 2013, FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Discovery Ventures Inc. Announces it has Entered Into Discussions With Roca Mines Inc. Regarding Asset Acquisitions
Marketwire - Tue Apr 23, 7:04AM CDT
Discovery Ventures Inc. ("Discovery" or the "Company") (TSX VENTURE: DVN) is pleased to announce that it has entered into discussions with Roca Mines Inc. and commenced due diligence efforts with respect to the potential acquisition assets.
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