NATUF Stock UPDATES North Amern Tungsten (NATUF) 0.0610 09/01/2014
Post# of 273217
North American Tungsten Reports Q3 Fiscal 2014 Results
Marketwire - Fri Aug 22, 4:38PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company" announces a net loss of $0.4 million or $0.00 per share for the three months ended June 30, 2014 ("Q3 2014" and a net loss of $2.5 million or $0.01 per share for the nine months ended June 30, 2014. These results are substantially improved compared to a net loss of $6.3 million and a net loss of $13.7 million for the comparable periods in fiscal 2013.
North American Tungsten Completes Financing With Queenwood Capital Partners II LLC
Marketwire - Wed Jul 02, 4:10PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or the "Company" announces the completion of an US$12.0 million loan (the "Queenwood II Loan" with Queenwood Capital Partners II LLC ("Queenwood II" , to replace its $12.0 million working capital loan facility (the "Working Capital Loan" with HSBC Bank Canada ("HSBC" which expired June 30, 2014.
North American Tungsten Obtains Regulatory Approval for Conversion of Debentures
Marketwire - Mon Mar 24, 5:28PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company" announces today that is has obtained approval from the TSX Venture Exchange ("TSX-V" for the conversion right (the "Conversion Right" to a principal amount of US$9 million of debentures previously issued on December 31, 2013, and on January 15, 2014 (the "Convertible Debentures" . The Convertible Debentures will be convertible into common shares of NTC ("NTC Shares" at a price equal to CAD$0.12 per NTC Share. The Convertible Debentures apply a fixed exchange rate of CDN$1 = US$0.94. The Company obtained shareholder approval relating to the Conversion Right at its annual general meeting of shareholders held on February 21, 2014.
Mactung Project Receives Positive Final Screening Report
Marketwire - Mon Mar 17, 5:01PM CDT
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company" is pleased to announce that its MacMillan Pass Tungsten Property in Yukon ("Mactung" has successfully completed environmental screening. Following a thorough, years-long review, the Yukon Environmental and Socio-economic Assessment Board ("YESAB" issued its Final Screening Report, recommending that the "Mactung Mine Project be allowed to proceed without (further) review."
North American Tungsten Announces Results of the February 21, 2014 Annual General and Special Meeting of Shareholders
Marketwire - Fri Feb 21, 4:25PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company" is pleased to announce the results of the annual and special meeting of the shareholders of the Company held February 21, 2014 in Vancouver BC. At the meeting the shareholders of the Company:
North American Tungsten Completes Loan Arrangement With Existing Customer
Marketwire - Fri Feb 21, 4:25PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company" announces the completion of a USD$2.5 million loan with a customer. The loan of USD$2.5 million matures on March 31, 2017, and bears interest of 3.0% per annum with quarterly interest payments commencing on March 31, 2014. Equal principal repayments of USD$293,750 per quarter commence on March 31, 2015, and continue each quarter thereafter with the final payment of USD$150,000 due on March 31, 2017. The loan agreement contemplates an election right for a conversion of the indebtedness to a convertible note subject to receipt of applicable regulatory approvals. The loan is secured by a subordinate charge on the Company's MacTung property.
North American Tungsten Reports Fiscal 2013 Results
Marketwire - Tue Jan 14, 6:09PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) ("NTC" or "the Company" announces a net loss of $13.3 million or $0.06 per share for its fiscal year ended September 30, 2013 ("fiscal 2013" compared to a net loss of $9.9 million or $0.04 per share for the prior fiscal year ("fiscal 2012" .
North American Tungsten Corporation Announces Debt Extension and Debenture Issuance
Marketwire - Tue Dec 31, 4:57PM CST
North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) (the "Company" announces today that it has extended its $12,000,000 operating loan facility and its $12,000,000 working capital loan facility (the "Working Capital Loan" with HSBC Bank Canada ("HSBC" to June 30, 2014. A US$12,000,000 Letter of Credit ("L/C" backing the Working Capital Loan is sponsored by two directors of the Company (the "Sponsors" and has been extended for the same period. The Sponsors and HSBC have similarly extended a Put Agreement that allows HSBC to exchange the outstanding balance under the Loan with the Sponsors for up to the US$12,000,000 L/C. In exchange for extending the Put Agreement and the L/C, the Company has agreed to compensate the two Sponsors by paying a fee of 2.25% of the amount of the L/C each quarter that the L/C remains outstanding.