Latest Wellgreen Platinum Ltd. (WGPLF) Headlines
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Posted On: 03/12/2014 3:03:53 AM
Latest Wellgreen Platinum Ltd. (WGPLF) Headlines
Wellgreen Platinum Announces Additional PGM-Ni-Cu Drill Results from Central Zone
Marketwire - Mon Mar 03, 1:44PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) is pleased to announce further results from the most recent field program at its 100%-owned Wellgreen PGM-Ni-Cu project, located in Canada's Yukon Territory. These latest results are from the Central Zone, which is located in the middle portion of the known main Wellgreen deposit approximately one kilometre west of the easternmost drilling in the Far East Zone. The mineralization in the Central Zone begins at surface and is continuous for nearly 500 metres in thickness, with significant sub-zones of higher grade material within it. New drilling data and assay results from historic drill core that was previously only selectively sampled have led to a new interpretation of the Central Zone that indicates that wide bands of higher grade mineralization, like those seen in the previously released Far East Zone, occur well away from the sediment contact related zones that were the historic focus at Wellgreen.
Wellgreen Platinum Announces Option Amendments and Cancellations
Marketwire - Mon Feb 24, 2:44PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) announces that, in keeping with its on-going commitment to strong corporate governance, it has completed a detailed review of historical option grants. The Company's review focused on options that were granted to various persons on June 17, 2011 (the "June 2011 Options") at an exercise price of $0.90. As a result of this review, the Company has determined that the terms of certain remaining June 2011 Options should be amended, and that certain other remaining June 2011 Options should be cancelled, subject to regulatory approval.
Wellgreen Platinum Comments on Current Technical Disclosure Documents and 2014 Project Development Objectives for Its Wellgreen Project
Marketwire - Fri Jan 31, 4:58PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG) (OTCQX: WGPLF) "Wellgreen Platinum" or the "Company" is aware of a recent, third party article (the "Article") written and posted independently on SeekingAlpha.com by Fincom Investment Partners (who are not compensated by Wellgreen Platinum) that contains certain viewpoints and information relating to the Company's Wellgreen project (including, but not limited to, assumptions relating to internal rates of return, power costs and capital expenditure requirements) which are not supported by the Company's 2012 technical report entitled "Wellgreen Project Preliminary Economic Assessment, Yukon, Canada", dated August 1, 2012 (the "2012 Wellgreen PEA") and prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The Company cautions investors that, for technical and economic information regarding its Wellgreen project, they should rely solely on the 2012 Wellgreen PEA and the Company's public disclosure documents. The "20% below Base Case" metal price scenario that is set out in the 2012 Wellgreen PEA is currently being used by Wellgreen Platinum for its economic assessment of the Wellgreen project, as outlined in the Company's corporate presentation (click here for a copy of the presentation). The 2012 Wellgreen PEA is available under Wellgreen Platinum's SEDAR profile at www.sedar.com.
Wellgreen Platinum Announces Additional PGM-Ni-Cu Results from East Zone
Marketwire - Thu Jan 30, 8:46AM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) "Wellgreen Platinum" or the "Company" is pleased to announce further results from its most recent field program at its 100%-owned Wellgreen PGM-Ni-Cu project, located in Canada's Yukon Territory. Assaying and interpretation of historic drill core that was previously only selectively sampled has confirmed that the mineralization identified in the Far East Zone announced on November 21, 2013 extends to the west by approximately 300 metres into the East Zone and remains open. The Far East Zone included hole 215, which intercepted 756 metres of continuous mineralization grading 1.92 g/t platinum equivalent ("Pt Eq.") or 0.46% nickel equivalent ("Ni Eq."), including a 65.6 metre interval grading 4.19 g/t Pt Eq. or 1.00% Ni Eq. Mineralization was subsequently shown to extend east by more than 325 metres from hole 215 (see news release dated December 15, 2013), which indicates that the higher grade mineralization zone in the Far East Zone extends over a strike length of more than 600 metres and remains open to expansion.
Wellgreen Platinum Grants Stock Appreciation Rights
Marketwire - Wed Jan 15, 8:53PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) ("Wellgreen" or the "Company") is pleased to announce that it has granted, in aggregate, 3,940,000 stock appreciation rights ("SARs") to certain employees, directors, officers and other Company personnel. The SARs have been granted pursuant to the terms of the Company's Share-Based Compensation Plan (the "Plan"), which was approved by a majority vote of disinterested shareholders at the Company's recent annual general and special meeting of shareholders that was held on December 17, 2013.
Wellgreen Platinum Completes Second Tranche of Equity Financing for Proceeds of $660,000
Marketwire - Thu Jan 09, 12:46PM CST
Wellgreen Platinum Ltd. ("Wellgreen" or the "Company") (TSX VENTURE: WG)(OTCQX: WGPLF) is pleased to announce that it has completed the issuance of a further 1,199,700 units of the Company (the "Units") at a price of $0.55 per Unit, for aggregate gross proceeds of approximately $660,000 (the "Private Placement"), under the same terms and conditions as its private placement which was completed on December 31, 2013.
Wellgreen Platinum to Complete Second Tranche of Equity Financing for Proceeds of Approximately $660,000
Marketwire - Wed Jan 08, 4:55PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) ("Wellgreen" or the "Company") is pleased to announce that it expects to complete the issuance of a further 1,199,700 units of the Company (the "Units") at a price of $0.55 per Unit, for aggregate gross proceeds of approximately $660,000 (the "Private Placement"), under the same terms and conditions as its private placement which was completed on December 31, 2013.
Wellgreen Platinum Completes $1.93 Million Equity Financing
Marketwire - Tue Dec 31, 1:01PM CST
Wellgreen Platinum Ltd. ("Wellgreen" or the "Company") (TSX VENTURE: WG)(OTCQX: WGPLF) is pleased to announce that it has completed an equity financing of 3,521,339 units of the Company (the "Units") at a price of $0.55 per Unit, for aggregate gross proceeds of $1,936,736 (the "Private Placement").
Wellgreen Platinum to Complete Equity Financing of Approximately $1.93 Million
Marketwire - Mon Dec 30, 5:32PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) ("Wellgreen" or the "Company") announced today that it intends to complete an equity financing of approximately $1.93 million (the "Private Placement").
Wellgreen Platinum Announces Additional PGM-Ni-Cu Drill Results from Central Zone
Marketwire - Mon Mar 03, 1:44PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) is pleased to announce further results from the most recent field program at its 100%-owned Wellgreen PGM-Ni-Cu project, located in Canada's Yukon Territory. These latest results are from the Central Zone, which is located in the middle portion of the known main Wellgreen deposit approximately one kilometre west of the easternmost drilling in the Far East Zone. The mineralization in the Central Zone begins at surface and is continuous for nearly 500 metres in thickness, with significant sub-zones of higher grade material within it. New drilling data and assay results from historic drill core that was previously only selectively sampled have led to a new interpretation of the Central Zone that indicates that wide bands of higher grade mineralization, like those seen in the previously released Far East Zone, occur well away from the sediment contact related zones that were the historic focus at Wellgreen.
Wellgreen Platinum Announces Option Amendments and Cancellations
Marketwire - Mon Feb 24, 2:44PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) announces that, in keeping with its on-going commitment to strong corporate governance, it has completed a detailed review of historical option grants. The Company's review focused on options that were granted to various persons on June 17, 2011 (the "June 2011 Options") at an exercise price of $0.90. As a result of this review, the Company has determined that the terms of certain remaining June 2011 Options should be amended, and that certain other remaining June 2011 Options should be cancelled, subject to regulatory approval.
Wellgreen Platinum Comments on Current Technical Disclosure Documents and 2014 Project Development Objectives for Its Wellgreen Project
Marketwire - Fri Jan 31, 4:58PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG) (OTCQX: WGPLF) "Wellgreen Platinum" or the "Company" is aware of a recent, third party article (the "Article") written and posted independently on SeekingAlpha.com by Fincom Investment Partners (who are not compensated by Wellgreen Platinum) that contains certain viewpoints and information relating to the Company's Wellgreen project (including, but not limited to, assumptions relating to internal rates of return, power costs and capital expenditure requirements) which are not supported by the Company's 2012 technical report entitled "Wellgreen Project Preliminary Economic Assessment, Yukon, Canada", dated August 1, 2012 (the "2012 Wellgreen PEA") and prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The Company cautions investors that, for technical and economic information regarding its Wellgreen project, they should rely solely on the 2012 Wellgreen PEA and the Company's public disclosure documents. The "20% below Base Case" metal price scenario that is set out in the 2012 Wellgreen PEA is currently being used by Wellgreen Platinum for its economic assessment of the Wellgreen project, as outlined in the Company's corporate presentation (click here for a copy of the presentation). The 2012 Wellgreen PEA is available under Wellgreen Platinum's SEDAR profile at www.sedar.com.
Wellgreen Platinum Announces Additional PGM-Ni-Cu Results from East Zone
Marketwire - Thu Jan 30, 8:46AM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) "Wellgreen Platinum" or the "Company" is pleased to announce further results from its most recent field program at its 100%-owned Wellgreen PGM-Ni-Cu project, located in Canada's Yukon Territory. Assaying and interpretation of historic drill core that was previously only selectively sampled has confirmed that the mineralization identified in the Far East Zone announced on November 21, 2013 extends to the west by approximately 300 metres into the East Zone and remains open. The Far East Zone included hole 215, which intercepted 756 metres of continuous mineralization grading 1.92 g/t platinum equivalent ("Pt Eq.") or 0.46% nickel equivalent ("Ni Eq."), including a 65.6 metre interval grading 4.19 g/t Pt Eq. or 1.00% Ni Eq. Mineralization was subsequently shown to extend east by more than 325 metres from hole 215 (see news release dated December 15, 2013), which indicates that the higher grade mineralization zone in the Far East Zone extends over a strike length of more than 600 metres and remains open to expansion.
Wellgreen Platinum Grants Stock Appreciation Rights
Marketwire - Wed Jan 15, 8:53PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) ("Wellgreen" or the "Company") is pleased to announce that it has granted, in aggregate, 3,940,000 stock appreciation rights ("SARs") to certain employees, directors, officers and other Company personnel. The SARs have been granted pursuant to the terms of the Company's Share-Based Compensation Plan (the "Plan"), which was approved by a majority vote of disinterested shareholders at the Company's recent annual general and special meeting of shareholders that was held on December 17, 2013.
Wellgreen Platinum Completes Second Tranche of Equity Financing for Proceeds of $660,000
Marketwire - Thu Jan 09, 12:46PM CST
Wellgreen Platinum Ltd. ("Wellgreen" or the "Company") (TSX VENTURE: WG)(OTCQX: WGPLF) is pleased to announce that it has completed the issuance of a further 1,199,700 units of the Company (the "Units") at a price of $0.55 per Unit, for aggregate gross proceeds of approximately $660,000 (the "Private Placement"), under the same terms and conditions as its private placement which was completed on December 31, 2013.
Wellgreen Platinum to Complete Second Tranche of Equity Financing for Proceeds of Approximately $660,000
Marketwire - Wed Jan 08, 4:55PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) ("Wellgreen" or the "Company") is pleased to announce that it expects to complete the issuance of a further 1,199,700 units of the Company (the "Units") at a price of $0.55 per Unit, for aggregate gross proceeds of approximately $660,000 (the "Private Placement"), under the same terms and conditions as its private placement which was completed on December 31, 2013.
Wellgreen Platinum Completes $1.93 Million Equity Financing
Marketwire - Tue Dec 31, 1:01PM CST
Wellgreen Platinum Ltd. ("Wellgreen" or the "Company") (TSX VENTURE: WG)(OTCQX: WGPLF) is pleased to announce that it has completed an equity financing of 3,521,339 units of the Company (the "Units") at a price of $0.55 per Unit, for aggregate gross proceeds of $1,936,736 (the "Private Placement").
Wellgreen Platinum to Complete Equity Financing of Approximately $1.93 Million
Marketwire - Mon Dec 30, 5:32PM CST
Wellgreen Platinum Ltd. (TSX VENTURE: WG)(OTCQX: WGPLF) ("Wellgreen" or the "Company") announced today that it intends to complete an equity financing of approximately $1.93 million (the "Private Placement").
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