Mercator Minerals (MLKKF) 0.0474 $MLKKF
Mercator Minerals Provides Update on Combination with Intergeo
Marketwire - Fri Aug 01, 8:01PM CDT
Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company"
announces, further to the Company's July 15, 2014 press release, that given that the Company and Intergeo MMC Ltd. ("Intergeo" have not agreed to extend the completion deadline in connection with the proposed business combination between Mercator and Intergeo announced on December 12, 2013 (the "Arrangement" beyond August 1, 2014, the arrangement agreement has been terminated in accordance with its terms. As such, the proposed business combination will no longer proceed.
Sattva Capital Announces Supreme Court Victory
Marketwire - Fri Aug 01, 11:44AM CDT
Sattva Capital is pleased to announce the Supreme Court of Canada in a 7-0 decision has upheld the arbitrator's breach-of-contract damage award against Creston Moly, a subsidiary of Mercator Minerals.
Mercator Minerals Reports Second Quarter 2014 Production Results
Marketwire - Tue Jul 08, 7:03AM CDT
Mercator Minerals Ltd (TSX: ML) ("Mercator" or the "Company" announces that production for the three months ended June 30, 2014 from its wholly-owned Mineral Park Mine ("Mineral Park" was 19.4 million pounds of copper equivalent(i), comprised of 8.8 million pounds of copper in concentrates and cathode copper, 2.6 million pounds of molybdenum and 116.0 thousand ounces of silver.
Mercator Minerals Provides Update in Connection With Intergeo Combination
Marketwire - Fri Jun 27, 7:01AM CDT
Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company" announces, that in connection with the proposed business combination between Mercator and Intergeo MMC Ltd ("Intergeo" announced on December 12, 2013 (the "Arrangement" , the Company's wholly owned subsidiary Mineral Park Inc. ("MPI" , has recently drawn down a further US$1.0 million under the bridge loan advanced by Daselina Investments Ltd., Intergeo's controlling shareholder, in connection with the Arrangement, taking the current principal balance outstanding under the bridge loan to US$13.0 million.
Mercator Minerals Reports Fourth Quarter and Year End 2013 Results
Marketwire - Mon Mar 31, 4:52PM CDT
Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company" today announced its financial results for the three months and year ended December 31, 2013. For 2013 the Company reported revenues of $215.3 million, an operating loss of $17.3 million before the $167.8 million of asset impairment charge(i) for the Mineral Park mine and El Creston project taken during the year, and a net loss of $152.8 million (loss of $0.48 per share, basic) or an adjusted net loss(i) of $37.1 million ($0.12 per share). Included in the net loss is the $167.8 million (or $0.53 per share) non-cash asset impairment charges on the Mineral Park mine and the El Creston project taken during the year. Cash flow used in operations was $6.7 million in 2013. For the fourth quarter of 2013, the Company reported revenues of $47.2 million, with an operating loss of $5.6 million, and a net loss of $11.5 million ($0.03 per share, basic) or an adjusted net loss(i) of $9.5 million ($0.03 per share). Cash flow used in operations was $3.6 million in the fourth quarter of 2013.
Interim Govt Resigns
All Africa Global Media - Tue Feb 25, 5:34AM CST
The Egyptian government resigned on Monday, Prime Minister Hezam el-Beblawi said in a press conference.
Mercator Minerals Provides Update on Combination with Intergeo
Marketwire - Fri Aug 01, 8:01PM CDT
Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company"
announces, further to the Company's July 15, 2014 press release, that given that the Company and Intergeo MMC Ltd. ("Intergeo" have not agreed to extend the completion deadline in connection with the proposed business combination between Mercator and Intergeo announced on December 12, 2013 (the "Arrangement" beyond August 1, 2014, the arrangement agreement has been terminated in accordance with its terms. As such, the proposed business combination will no longer proceed. Sattva Capital Announces Supreme Court Victory
Marketwire - Fri Aug 01, 11:44AM CDT
Sattva Capital is pleased to announce the Supreme Court of Canada in a 7-0 decision has upheld the arbitrator's breach-of-contract damage award against Creston Moly, a subsidiary of Mercator Minerals.
Mercator Minerals Reports Second Quarter 2014 Production Results
Marketwire - Tue Jul 08, 7:03AM CDT
Mercator Minerals Ltd (TSX: ML) ("Mercator" or the "Company"
announces that production for the three months ended June 30, 2014 from its wholly-owned Mineral Park Mine ("Mineral Park" was 19.4 million pounds of copper equivalent(i), comprised of 8.8 million pounds of copper in concentrates and cathode copper, 2.6 million pounds of molybdenum and 116.0 thousand ounces of silver. Mercator Minerals Provides Update in Connection With Intergeo Combination
Marketwire - Fri Jun 27, 7:01AM CDT
Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company"
announces, that in connection with the proposed business combination between Mercator and Intergeo MMC Ltd ("Intergeo" announced on December 12, 2013 (the "Arrangement" , the Company's wholly owned subsidiary Mineral Park Inc. ("MPI" , has recently drawn down a further US$1.0 million under the bridge loan advanced by Daselina Investments Ltd., Intergeo's controlling shareholder, in connection with the Arrangement, taking the current principal balance outstanding under the bridge loan to US$13.0 million. Mercator Minerals Reports Fourth Quarter and Year End 2013 Results
Marketwire - Mon Mar 31, 4:52PM CDT
Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company"
today announced its financial results for the three months and year ended December 31, 2013. For 2013 the Company reported revenues of $215.3 million, an operating loss of $17.3 million before the $167.8 million of asset impairment charge(i) for the Mineral Park mine and El Creston project taken during the year, and a net loss of $152.8 million (loss of $0.48 per share, basic) or an adjusted net loss(i) of $37.1 million ($0.12 per share). Included in the net loss is the $167.8 million (or $0.53 per share) non-cash asset impairment charges on the Mineral Park mine and the El Creston project taken during the year. Cash flow used in operations was $6.7 million in 2013. For the fourth quarter of 2013, the Company reported revenues of $47.2 million, with an operating loss of $5.6 million, and a net loss of $11.5 million ($0.03 per share, basic) or an adjusted net loss(i) of $9.5 million ($0.03 per share). Cash flow used in operations was $3.6 million in the fourth quarter of 2013. Interim Govt Resigns
All Africa Global Media - Tue Feb 25, 5:34AM CST
The Egyptian government resigned on Monday, Prime Minister Hezam el-Beblawi said in a press conference.
