DUVNF Stock News 0.0180 05/06/2014 15:30:51 Duran Venture Inc
Post# of 273250
Posted On: 05/06/2014 4:30:44 PM
Duran Venture Inc (DUVNF) 0.0180 $DUVNF
Duran Ventures Shareholders Approve Sale of Aguila Project
Marketwire - Fri Apr 25, 3:31PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company"
is pleased to announce the results of its special meeting of shareholders held on Friday, April 25, 2014. At the meeting, the Duran shareholders approved the sale of the Company's Aguila project, its 50% interest in the Corongo project, and its Aguila exploration camp and storage facility (the "Transaction" to Minera Penoles de Peru S.A., a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. (BMV
E&OLES).
IIROC Trade Halt - Duran Ventures Inc.
Newsfile Corp - Fri Apr 25, 12:12PM CDT
The following issues have been halted by IIROC:
Drilling Commences on the Don Pancho Polymetallic Property in Peru
Marketwire - Wed Apr 23, 7:04AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company" is pleased to announce that their partner (the "Optionee" has advised the Company that drilling has commenced on the Don Pancho Polymetallic Silver-Lead-Zinc Project (the "Project" located in the Department of Lima, Peru. The Optionee is a well-funded private Peruvian mining company and has the option to earn a 70% interest in the project for cash consideration of US$2,030,000 (US$280,000 paid to date) and incurring at least US$3,500,000 of exploration costs within the first 36 months of the agreement. To complete the option the Optionee is required to deliver an economic study on the project, after which the project will become a joint venture.
Duran Ventures Inc. Announces Extension to Warrant Expiry Dates
Marketwire - Thu Mar 13, 4:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company" is pleased to announce, further to its press release of March 12, 2014, that the TSX Venture Exchange has approved the extension of the expiry date of a total of 2,500,000 outstanding share purchase warrants issued pursuant to a private placement that closed on September 28, 2012. These warrants were set to expire on March 28, 2014, however the expiry date has been extended to December 31, 2014. The amendment is limited to the extension of the expiry date of the warrants without changes to the exercise price of $0.25 per warrant share.
Duran Ventures Inc. Provides Corporate Update and Proposes to Amend Warrant Expiry Dates
Marketwire - Wed Mar 12, 9:01AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company" wishes to provide an update on the agreement to sell the concessions comprising the Aguila and Corongo projects and related assets (the "Transaction", as previously announced on March 3, 2014. The Company has selected March 21, 2014 as the record date for the special meeting of shareholders which will be held on April 25, 2014 to consider the Transaction. The Company also wishes to clarify that management, in support of the Transaction, have agreed to waive the effect of any change of control clauses in their management agreements and will not be receiving any change of control payments in connection with the Transaction.
IIROC Trade Resumption - Duran Ventures Inc.
Newsfile Corp - Tue Mar 04, 7:33AM CST
Trading resumes in:
Viper Gold Announces Proposed Disposition of Interest in Corongo
Marketwire - Mon Mar 03, 6:36PM CST
Viper Gold Ltd. (TSX VENTURE: VPR) ("Viper" or the "Company" announced today that it has entered into a Conditional Termination Agreement (the "Termination Agreement" with Duran Ventures Inc. ("Duran" which would effectively terminate the Joint Operating Agreement between Viper and Duran resulting in the disposition of the Company's 50% interest in certain mineral concessions in Peru known as the Corongo Project held by Corongo Exploraciones S.A.C., a subsidiary of Duran, which are currently the subject of a property option agreement among Duran, its wholly owned subsidiary Minera Aguila de Oro S.A.C. and Viper (the "Proposed Disposition". Proceeds net to Viper from the Proposed Disposition are expected to be approximately US $200,000 upon satisfaction of certain conditions. The Proposed Disposition is expected to close concurrently with the disposition of other mining assets held by Duran in Peru to Minera Penoles de Peru S.A. ("Penoles", a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. on or about April 15, 2014, and, in any event, not later than May 31, 2014.
Duran Ventures Announces Agreement to Sell Aguila Project
Marketwire - Mon Mar 03, 5:28PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company" announces, further to its news release of October 15, 2013 that it was reviewing its strategic alternatives, that it has entered into mining concessions transfer and asset sales agreements (the "Agreements" dated March 3, 2014 with Minera Penoles de Peru S.A. ("Penoles", a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. (BMVE&OLES) ("Industrias Penoles", pursuant to which Duran has agreed to sell to Penoles the Company's Aguila Porphyry Copper-Molybdenum Project in Peru as well as the Company's 50% interest in the Corongo concessions and certain other assets (together, the "Subject Assets". Industrias Penoles is the leading world producer of refined silver, metallic bismuth and sodium sulfate, and one of the main Latin-American producers of refined lead, zinc, as well as a leading Mexican producer of refined gold.
Duran Ventures Files Amended and Restated MD&A for Year Ended December 31, 2012
Marketwire - Fri Nov 29, 3:48PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company" announces today that, as a result of an Ontario Securities Commission ("OSC" issue oriented review under the OSC's continuous disclosure review program, the Company has filed on SEDAR an Amended and Restated Management's Discussion and Analysis ("MD&A" for the year ended December 31, 2012.
Duran Ventures Announces Closing of Second Tranche
Marketwire - Thu Sep 12, 7:03AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company" is pleased to announce that it has completed the second tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering". The Offering consists of up to 16,666,666 units (each, a "Unit" at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV". Each Unit consists of one common share of the Company ("Common Share" and one half of one common share purchase warrant (each whole warrant, a "Warrant". Each Warrant entitles the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions". Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Ventures Announces First Closing of Financing
Marketwire - Fri Aug 16, 10:01AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company" is pleased to announce that it has completed the first tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering". The Offering consists of up to 16,666,666 units (each, a "Unit" at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV". Each Unit will consist of one common share of the Company ("Common Share" and one half of one common share purchase warrant (each whole warrant, a "Warrant". Each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions". Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering.
Duran Ventures Shareholders Approve Sale of Aguila Project
Marketwire - Fri Apr 25, 3:31PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company"
is pleased to announce the results of its special meeting of shareholders held on Friday, April 25, 2014. At the meeting, the Duran shareholders approved the sale of the Company's Aguila project, its 50% interest in the Corongo project, and its Aguila exploration camp and storage facility (the "Transaction" to Minera Penoles de Peru S.A., a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. (BMVE&OLES). IIROC Trade Halt - Duran Ventures Inc.
Newsfile Corp - Fri Apr 25, 12:12PM CDT
The following issues have been halted by IIROC:
Drilling Commences on the Don Pancho Polymetallic Property in Peru
Marketwire - Wed Apr 23, 7:04AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company"
is pleased to announce that their partner (the "Optionee" has advised the Company that drilling has commenced on the Don Pancho Polymetallic Silver-Lead-Zinc Project (the "Project" located in the Department of Lima, Peru. The Optionee is a well-funded private Peruvian mining company and has the option to earn a 70% interest in the project for cash consideration of US$2,030,000 (US$280,000 paid to date) and incurring at least US$3,500,000 of exploration costs within the first 36 months of the agreement. To complete the option the Optionee is required to deliver an economic study on the project, after which the project will become a joint venture. Duran Ventures Inc. Announces Extension to Warrant Expiry Dates
Marketwire - Thu Mar 13, 4:01PM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company"
is pleased to announce, further to its press release of March 12, 2014, that the TSX Venture Exchange has approved the extension of the expiry date of a total of 2,500,000 outstanding share purchase warrants issued pursuant to a private placement that closed on September 28, 2012. These warrants were set to expire on March 28, 2014, however the expiry date has been extended to December 31, 2014. The amendment is limited to the extension of the expiry date of the warrants without changes to the exercise price of $0.25 per warrant share. Duran Ventures Inc. Provides Corporate Update and Proposes to Amend Warrant Expiry Dates
Marketwire - Wed Mar 12, 9:01AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company"
wishes to provide an update on the agreement to sell the concessions comprising the Aguila and Corongo projects and related assets (the "Transaction", as previously announced on March 3, 2014. The Company has selected March 21, 2014 as the record date for the special meeting of shareholders which will be held on April 25, 2014 to consider the Transaction. The Company also wishes to clarify that management, in support of the Transaction, have agreed to waive the effect of any change of control clauses in their management agreements and will not be receiving any change of control payments in connection with the Transaction. IIROC Trade Resumption - Duran Ventures Inc.
Newsfile Corp - Tue Mar 04, 7:33AM CST
Trading resumes in:
Viper Gold Announces Proposed Disposition of Interest in Corongo
Marketwire - Mon Mar 03, 6:36PM CST
Viper Gold Ltd. (TSX VENTURE: VPR) ("Viper" or the "Company"
announced today that it has entered into a Conditional Termination Agreement (the "Termination Agreement" with Duran Ventures Inc. ("Duran" which would effectively terminate the Joint Operating Agreement between Viper and Duran resulting in the disposition of the Company's 50% interest in certain mineral concessions in Peru known as the Corongo Project held by Corongo Exploraciones S.A.C., a subsidiary of Duran, which are currently the subject of a property option agreement among Duran, its wholly owned subsidiary Minera Aguila de Oro S.A.C. and Viper (the "Proposed Disposition". Proceeds net to Viper from the Proposed Disposition are expected to be approximately US $200,000 upon satisfaction of certain conditions. The Proposed Disposition is expected to close concurrently with the disposition of other mining assets held by Duran in Peru to Minera Penoles de Peru S.A. ("Penoles", a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. on or about April 15, 2014, and, in any event, not later than May 31, 2014. Duran Ventures Announces Agreement to Sell Aguila Project
Marketwire - Mon Mar 03, 5:28PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company"
announces, further to its news release of October 15, 2013 that it was reviewing its strategic alternatives, that it has entered into mining concessions transfer and asset sales agreements (the "Agreements" dated March 3, 2014 with Minera Penoles de Peru S.A. ("Penoles", a Peruvian subsidiary of Industrias Penoles S.A.B. de C.V. (BMVE&OLES) ("Industrias Penoles", pursuant to which Duran has agreed to sell to Penoles the Company's Aguila Porphyry Copper-Molybdenum Project in Peru as well as the Company's 50% interest in the Corongo concessions and certain other assets (together, the "Subject Assets". Industrias Penoles is the leading world producer of refined silver, metallic bismuth and sodium sulfate, and one of the main Latin-American producers of refined lead, zinc, as well as a leading Mexican producer of refined gold. Duran Ventures Files Amended and Restated MD&A for Year Ended December 31, 2012
Marketwire - Fri Nov 29, 3:48PM CST
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) (the "Company"
announces today that, as a result of an Ontario Securities Commission ("OSC" issue oriented review under the OSC's continuous disclosure review program, the Company has filed on SEDAR an Amended and Restated Management's Discussion and Analysis ("MD&A" for the year ended December 31, 2012. Duran Ventures Announces Closing of Second Tranche
Marketwire - Thu Sep 12, 7:03AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company"
is pleased to announce that it has completed the second tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering". The Offering consists of up to 16,666,666 units (each, a "Unit" at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV". Each Unit consists of one common share of the Company ("Common Share" and one half of one common share purchase warrant (each whole warrant, a "Warrant". Each Warrant entitles the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions". Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering. Duran Ventures Announces First Closing of Financing
Marketwire - Fri Aug 16, 10:01AM CDT
Duran Ventures Inc. (TSX VENTURE: DRV)(LMA: DRV) ("Duran" or the "Company"
is pleased to announce that it has completed the first tranche of its previously announced $500,000 non-brokered private placement financing (the "Offering". The Offering consists of up to 16,666,666 units (each, a "Unit" at $0.03 per Unit for total gross proceeds of up to $500,000, subject to approval of the TSX Venture Exchange (the "TSXV". Each Unit will consist of one common share of the Company ("Common Share" and one half of one common share purchase warrant (each whole warrant, a "Warrant". Each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.06 for a period of one year from the closing of the Offering and thereafter at an exercise price of $0.10 until the date that is two years from the closing of the Offering. The Offering is being conducted in accordance with TSXV Bulletin dated August 17, 2012 regarding Private Placements - Temporary Relief from Certain Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions". Proceeds of the Offering will be spent in accordance with the Relief Provisions and are expected to be used towards payment of outstanding payables, including exploration expenditures and general and administrative expenses. The Offering has been approved by Duran's board of directors, excluding those directors that have a direct interest in the Offering. 
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