Mammoth Energy Group to Reduce Outstanding Shares
Business Wire - Tue Apr 15, 8:04PM CDT
Mammoth Energy Group Inc. (MMTE: OTC PINK) announced today that it expects and intends to reduce its outstanding common shares by 67,198,300 common shares as a result of the unwinding of its Chilean assets. The company is currently negotiating a buy-out and sale of these assets and expects that there will be a cash component to the company and a dividend payable to shareholders of record on top of the reduction of common shares. Terms are expected to be announced by the end of April.
Mammoth Energy Group in Negotiations to Sell Chilean Subsidiary
Business Wire - Wed Apr 09, 9:58AM CDT
Mammoth Energy Group Inc. (MMTE: OTC PINK) announced today that it expects to complete a sale of its Chilean subsidiary that has held all of the company's lithium claims. The company is currently negotiating a buy-out and sale of these assets and expects that there will be a cash component to the company and a dividend payable to shareholders of record. Terms are expected to be announced imminently.
Mammoth Energy Group Signs Option Agreement to Acquire Shares of Grand River Ironsands
Filing Services Canada - Mon Apr 07, 8:00AM CDT
Mammoth Energy Group Inc. (MMTE: OTC PINK),today announced that it has signed an initial option agreement to acquire up to 250,000 shares of the privately held Grand River Ironsands. Grand River Ironsands is the majority equity holder of The North Atlantic Iron Corporation.
DTC "Chill" Removed Mammoth Energy Group Common Stock
Business Wire - Wed Jan 22, 12:30PM CST
Mammoth Energy Group Inc. (MMTE: OTC PINK) today announced that shareholders who had experienced difficulty or additional costs when depositing the Company's shares manually will now be able to have their shares deposited electronically in street name. DTC has resolved all issues and cleared the Company to resume accepting deposits of the Company's common stock for book entry transfer services. All deposit restriction chills have been removed and the Company is now once again fully "DTC Eligible." DTC's removal of the chill now allows shareholders with online brokerage accounts with firms such as Scottrade, ETRADE, TD Ameritrade and other full service brokerage firms to deposit new shares of Mammoth Energy's common stock in the electronic system that controls clearance and settlement. The Company has over 5,000 shareholders who should benefit from the additional number of choices now available to them as a result of this action.
Mammoth Energy Group Reduces Outstanding Shares
Business Wire - Tue Nov 12, 8:00AM CST
Mammoth Energy Group Inc. (MMTE