Canterra Minerals (CTMCF) 0.0928 $CTMCF
Margaret Lake Diamonds and Canterra Minerals Announce Option Agreement on Marlin Property
Filing Services Canada - Thu Aug 28, 7:04AM CDT
Margaret Lake Diamonds and Canterra Minerals Announce Option Agreement on Marlin Property Vancouver, British Columbia (FSCwire) - Margaret Lake Diamonds Inc. (Margaret Lake)(TSXV: DIA) and Canterra Minerals Corporation (Canterra)(TSXV: CTM), are pleased to announce that they have entered into an Option Agreement (the Option Agreement) whereby Margaret Lake has been granted, subject to the acceptance of the TSX Venture Exchange (the Exchange), the right to acquire an aggregate 49% right, title and interest in and to Canterras Marlin Property (the Marlin Property) in the Northwest Territories. The Marlin Property comprises 23 mineral claims covering an area of approximately 26,000 ha and lies contiguous to the north and west of the Kennady Diamonds project and west of Margaret Lake's Margaret Lake Property. To earn its interest in the Marlin Property, Margaret Lake must make staged cash payments totaling $100,000, issue an aggregate of 600,000 common shares and incur $1,750,000 in exploration expenditures over a three year period. Canterra is the operator, and the initial exploration program which consists of basal till sampling is expected to commence immediately. Paul Brockington, President and Chief Executive Officer of Margaret Lake, stated We are pleased to enter into this Option Agreement with Canterra, as we now have the ground under option that surrounds all the northern and western boundaries of the Kennady Diamonds property. We look forward to combining the knowledge base of our two management teams. Randy Turner, President and Chief Executive Officer of Canterra comments, This Option Agreement with Margaret Lake Diamonds creates an opportunity between two companies that hold contiguous properties to the Gaucho Kue and Kennady Diamond projects and share a similar geological environment. With the proximal nature of our land packages, the synergies of data collection and analysis, plus the additional capital to advance the Marlin Property expeditiously, we are delighted with this partnership and look forward to a mutually successful outcome. Under the terms of the Option Agreement, Margaret Lake has the right earn an initial 30% interest in the Marlin Property by making staged cash payments of $80,000 ($20,000 paid), issuing an aggregate of 300,000 common shares and incurring not less than $1,000,000 in exploration expenditures over a two year period. Margaret Lake may earn an addition 19% interest in the Marlin Property by paying Canterra an additional $20,000 and incurring an additional $750,000 in exploration expenditures on or before the end of the third year. After either the 30% or, if elected, the 49% earn-in Margaret Lake and Canterra will form a joint venture for the purpose of continuing exploration and development of the Marlin Property. Upon execution of a joint venture agreement Margaret Lake will issue Canterra a further 300,000 common shares About Margaret Lake Margaret Lake is a diamond exploration company focused on the Northwest Territories in proximity to the next Canadian diamond mining development by De Beers Canada and Mountain Province Diamonds Inc., and adjacent to the ongoing exploration by Kennady Diamonds Inc. Margaret Lakes Board of Directors is comprised of persons with combined involvement of over 50 years in the Canadian diamond sector. About Canterra Canterra is a Canadian resource company specializing in diamond exploration with a focus on the Northwest Territories. As leaders of exploration in the junior diamond sector for over 25 years, Canterras team has been involved in the discovery of two of Canada's four diamond mines including the Snap Lake Diamond Mine in the Southern Slave and the Ekati Mine in Lac de Gras. On behalf of the Board of Directors MARGARET LAKE DIAMONDS INC. Paul Brockington Paul Brockington, President, Chief Executive Officer and Director For further information regarding Margaret Lake, please contact Paul Brockington at 604 630-2810 or visit our company website at www.margaretlakediamonds.ca/ On behalf of the Board of Directors CANTERRA MINERALS CORPORATION Randy Turner Randy Turner, President, Chief Executive Officer and Director For further information regarding Canterra, please contact Randy Turner at 604 687-6644 or visit our company website at www.canterraminerals.com. Cautionary Statement Regarding Forward-Looking Information Except for statements of historical fact, this news release contains certain forward-looking information within the meaning of applicable securities law, including statements regarding the proposed private placement. Forward-looking information is frequently characterized by words such as plan, expect, project, intend, believe, anticipate, estimate and other similar words, or statements that certain events or conditions may or will occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Canterra and Margaret Lake undertake no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Canterra and Margaret Lake. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...282014.pdf Source: Margaret Lake Diamonds Inc. (TSX Venture
IA) http://www.margaretlakediamonds.ca/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
Canterra Minerals and Margaret Lake Diamonds Announce Option Agreement on Marlin Property, NWT
Marketwire - Thu Aug 28, 7:03AM CDT
Canterra Minerals Corporation ("Canterra"
(TSX VENTURE: CTM) and Margaret Lake Diamonds Inc. ("Margaret Lake" (TSX VENTURE: DIA) are pleased to announce that and they have entered into an Option Agreement (the "Option Agreement" whereby Margaret Lake has been granted, subject to the acceptance of the TSX Venture Exchange (the "Exchange" , the right to acquire up to an aggregate 49% right, title and interest in and to Canterra's Marlin Property (the "Marlin Property" in the Northwest Territories. The Property comprises 23 mineral claims covering an area of approximately 26,000 ha and lies contiguous to the north and west of the Kennady Diamonds project and west of Margaret Lake's Margaret Lake Property.
Canterra Minerals Provides Corporate Update
Marketwire - Thu Aug 14, 7:04AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM) ("Canterra" or the "Company" is pleased to welcome Mr. Bruce Kienlen as Senior Geologist, and Dr. Tom McCandless as Technical Advisor to the Company.
Canterra Minerals Commences Diamond Exploration Program, Northwest Territories
Marketwire - Wed Aug 13, 7:04AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM) (the "Company" is pleased to announce that it has commenced a diamond exploration program on its property portfolio in the Northwest Territories. These properties are located in the Southern Slave region, approximately 220 kilometres (km) northwest of Yellowknife in an area that continues to deliver significant diamond discoveries and development. The properties are strategically located between the Snap Lake Diamond Mine owned by De Beers and the Gahcho Kue Project owned by De Beers and Mountain Province Diamonds.
Skyharbour Acquires 60% Interest in Mann Lake Uranium Project in the Athabasca Basin, Saskatchewan
Marketwire - Thu Jan 16, 6:01AM CST
Skyharbour Resources Ltd. (TSX VENTURE: SYH)(PINKSHEETS: SYHBF) (the "Company" is pleased to announce it has entered into an Assignment and Novation Agreement (the "Agreement" with Triex Minerals Corp. ("Triex" , a wholly owned subsidiary of Canterra Minerals Corp. ("Canterra" , whereby Skyharbour will acquire Triex/Canterra's 60% interest in the Mann Lake Uranium Project (the "Property" . The property is strategically located on the east side of the Athabasca Basin approx. 25 km southwest of Cameco's McArthur River Mine and 15 km northeast and along strike of Cameco's Millennium uranium deposit. Under the terms of the agreement, Skyharbour will pay $15,000 in cash and issue one million common shares in consideration for Canterra's 60% interest and their option to purchase up to 1.5% of the property's underlying 2.5% NSR for $1.5 million.
Zadar Completes Purchase of 100% Interest in the West Carswell Uranium Project
Marketwire - Thu Dec 19, 4:44PM CST
Zadar Ventures Ltd. (TSX VENTURE: ZAD)(FRANKFURT: ZAV) (the "Company" is pleased to announce that it has executed a definitive Purchase and Sales agreement with Canterra Minerals Corporation ("Canterra" and Triex Minerals Corp. ("Triex" , a wholly owned subsidiary of Canterra whereby Zadar has purchased a 100% interest in the West Carswell uranium project. Under the terms of the agreement the Company will issue 385,000 common shares to Canterra. Canterra will also retain a 2% NSR on the project with a buyback of 1% for $1 million.
Canterra Appoints New CFO
Marketwire - Thu Aug 15, 11:54AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM)(the "Company" and its board of directors wish to announce that Ms Susan Neale, CGA has been appointed Chief Financial Officer of the Company to replace Mr. J. Christopher Mitchell who recently retired.
Zadar Options 5 Strategically Located Uranium Projects With Substantial Data Package
Marketwire - Wed May 29, 7:03AM CDT
Zadar Ventures Ltd. (TSX VENTURE: ZAD)(FRANKFURT: ZAV) (the "Company" is pleased to announce it has entered into an option agreement with Canterra Minerals Corporation ("Canterra" and Triex Minerals Corp. ("Triex" , a wholly owned subsidiary of Canterra, whereby Zadar has the option to purchase all of the Canterra/Triex interests in 5 significant and strategically located uranium projects, including over $15 million in exploration data, covering 67,561 hectares (166,946 acres), in the Athabasca Basin (Figure 1). The Company will pay $50,000 in cash payments and issue 2 million common shares. Canterra will also retain a 2% NSR on each project with a buyback of 1% for $1 million per project.
Canterra Minerals Corporation: Work Programs Commence at Highland and East Manhattan Projects in Nevada
Marketwire - Wed Apr 24, 7:03AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM) (the "Company" or "Canterra" announced today that field work has begun at both the Highland and East Manhattan gold/silver properties, located in western and central Nevada, respectively. Canterra may earn up to a 70 percent interest in each project pursuant to option agreements entered into with Bravada Gold Corporation (TSX VENTURE: BVA) ("Bravada" . (See news release dated March 4, 2013) Bravada is operator for both projects.
Canterra Options Bravada's Highland and East Manhattan Gold/Silver Projects in Nevada
Marketwire - Mon Mar 04, 7:03AM CST
Bravada Gold Corporation (TSX VENTURE: BVA)(FRANKFURT: BRT) ("Bravada" announced today that is has executed a Memorandum of Understanding with Canterra Minerals Corporation (TSX VENTURE: CTM) ("Canterra" whereby Canterra may earn up to a 70 percent interest in Bravada's Highland and East Manhattan gold/silver projects, located respectively within the Walker Lane Gold belt in western and central Nevada.
Margaret Lake Diamonds and Canterra Minerals Announce Option Agreement on Marlin Property
Filing Services Canada - Thu Aug 28, 7:04AM CDT
Margaret Lake Diamonds and Canterra Minerals Announce Option Agreement on Marlin Property Vancouver, British Columbia (FSCwire) - Margaret Lake Diamonds Inc. (Margaret Lake)(TSXV: DIA) and Canterra Minerals Corporation (Canterra)(TSXV: CTM), are pleased to announce that they have entered into an Option Agreement (the Option Agreement) whereby Margaret Lake has been granted, subject to the acceptance of the TSX Venture Exchange (the Exchange), the right to acquire an aggregate 49% right, title and interest in and to Canterras Marlin Property (the Marlin Property) in the Northwest Territories. The Marlin Property comprises 23 mineral claims covering an area of approximately 26,000 ha and lies contiguous to the north and west of the Kennady Diamonds project and west of Margaret Lake's Margaret Lake Property. To earn its interest in the Marlin Property, Margaret Lake must make staged cash payments totaling $100,000, issue an aggregate of 600,000 common shares and incur $1,750,000 in exploration expenditures over a three year period. Canterra is the operator, and the initial exploration program which consists of basal till sampling is expected to commence immediately. Paul Brockington, President and Chief Executive Officer of Margaret Lake, stated We are pleased to enter into this Option Agreement with Canterra, as we now have the ground under option that surrounds all the northern and western boundaries of the Kennady Diamonds property. We look forward to combining the knowledge base of our two management teams. Randy Turner, President and Chief Executive Officer of Canterra comments, This Option Agreement with Margaret Lake Diamonds creates an opportunity between two companies that hold contiguous properties to the Gaucho Kue and Kennady Diamond projects and share a similar geological environment. With the proximal nature of our land packages, the synergies of data collection and analysis, plus the additional capital to advance the Marlin Property expeditiously, we are delighted with this partnership and look forward to a mutually successful outcome. Under the terms of the Option Agreement, Margaret Lake has the right earn an initial 30% interest in the Marlin Property by making staged cash payments of $80,000 ($20,000 paid), issuing an aggregate of 300,000 common shares and incurring not less than $1,000,000 in exploration expenditures over a two year period. Margaret Lake may earn an addition 19% interest in the Marlin Property by paying Canterra an additional $20,000 and incurring an additional $750,000 in exploration expenditures on or before the end of the third year. After either the 30% or, if elected, the 49% earn-in Margaret Lake and Canterra will form a joint venture for the purpose of continuing exploration and development of the Marlin Property. Upon execution of a joint venture agreement Margaret Lake will issue Canterra a further 300,000 common shares About Margaret Lake Margaret Lake is a diamond exploration company focused on the Northwest Territories in proximity to the next Canadian diamond mining development by De Beers Canada and Mountain Province Diamonds Inc., and adjacent to the ongoing exploration by Kennady Diamonds Inc. Margaret Lakes Board of Directors is comprised of persons with combined involvement of over 50 years in the Canadian diamond sector. About Canterra Canterra is a Canadian resource company specializing in diamond exploration with a focus on the Northwest Territories. As leaders of exploration in the junior diamond sector for over 25 years, Canterras team has been involved in the discovery of two of Canada's four diamond mines including the Snap Lake Diamond Mine in the Southern Slave and the Ekati Mine in Lac de Gras. On behalf of the Board of Directors MARGARET LAKE DIAMONDS INC. Paul Brockington Paul Brockington, President, Chief Executive Officer and Director For further information regarding Margaret Lake, please contact Paul Brockington at 604 630-2810 or visit our company website at www.margaretlakediamonds.ca/ On behalf of the Board of Directors CANTERRA MINERALS CORPORATION Randy Turner Randy Turner, President, Chief Executive Officer and Director For further information regarding Canterra, please contact Randy Turner at 604 687-6644 or visit our company website at www.canterraminerals.com. Cautionary Statement Regarding Forward-Looking Information Except for statements of historical fact, this news release contains certain forward-looking information within the meaning of applicable securities law, including statements regarding the proposed private placement. Forward-looking information is frequently characterized by words such as plan, expect, project, intend, believe, anticipate, estimate and other similar words, or statements that certain events or conditions may or will occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Canterra and Margaret Lake undertake no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Canterra and Margaret Lake. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...282014.pdf Source: Margaret Lake Diamonds Inc. (TSX Venture
IA) http://www.margaretlakediamonds.ca/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc. Canterra Minerals and Margaret Lake Diamonds Announce Option Agreement on Marlin Property, NWT
Marketwire - Thu Aug 28, 7:03AM CDT
Canterra Minerals Corporation ("Canterra"
(TSX VENTURE: CTM) and Margaret Lake Diamonds Inc. ("Margaret Lake" (TSX VENTURE: DIA) are pleased to announce that and they have entered into an Option Agreement (the "Option Agreement" whereby Margaret Lake has been granted, subject to the acceptance of the TSX Venture Exchange (the "Exchange" , the right to acquire up to an aggregate 49% right, title and interest in and to Canterra's Marlin Property (the "Marlin Property" in the Northwest Territories. The Property comprises 23 mineral claims covering an area of approximately 26,000 ha and lies contiguous to the north and west of the Kennady Diamonds project and west of Margaret Lake's Margaret Lake Property. Canterra Minerals Provides Corporate Update
Marketwire - Thu Aug 14, 7:04AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM) ("Canterra" or the "Company"
is pleased to welcome Mr. Bruce Kienlen as Senior Geologist, and Dr. Tom McCandless as Technical Advisor to the Company. Canterra Minerals Commences Diamond Exploration Program, Northwest Territories
Marketwire - Wed Aug 13, 7:04AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM) (the "Company"
is pleased to announce that it has commenced a diamond exploration program on its property portfolio in the Northwest Territories. These properties are located in the Southern Slave region, approximately 220 kilometres (km) northwest of Yellowknife in an area that continues to deliver significant diamond discoveries and development. The properties are strategically located between the Snap Lake Diamond Mine owned by De Beers and the Gahcho Kue Project owned by De Beers and Mountain Province Diamonds. Skyharbour Acquires 60% Interest in Mann Lake Uranium Project in the Athabasca Basin, Saskatchewan
Marketwire - Thu Jan 16, 6:01AM CST
Skyharbour Resources Ltd. (TSX VENTURE: SYH)(PINKSHEETS: SYHBF) (the "Company"
is pleased to announce it has entered into an Assignment and Novation Agreement (the "Agreement" with Triex Minerals Corp. ("Triex" , a wholly owned subsidiary of Canterra Minerals Corp. ("Canterra" , whereby Skyharbour will acquire Triex/Canterra's 60% interest in the Mann Lake Uranium Project (the "Property" . The property is strategically located on the east side of the Athabasca Basin approx. 25 km southwest of Cameco's McArthur River Mine and 15 km northeast and along strike of Cameco's Millennium uranium deposit. Under the terms of the agreement, Skyharbour will pay $15,000 in cash and issue one million common shares in consideration for Canterra's 60% interest and their option to purchase up to 1.5% of the property's underlying 2.5% NSR for $1.5 million. Zadar Completes Purchase of 100% Interest in the West Carswell Uranium Project
Marketwire - Thu Dec 19, 4:44PM CST
Zadar Ventures Ltd. (TSX VENTURE: ZAD)(FRANKFURT: ZAV) (the "Company"
is pleased to announce that it has executed a definitive Purchase and Sales agreement with Canterra Minerals Corporation ("Canterra" and Triex Minerals Corp. ("Triex" , a wholly owned subsidiary of Canterra whereby Zadar has purchased a 100% interest in the West Carswell uranium project. Under the terms of the agreement the Company will issue 385,000 common shares to Canterra. Canterra will also retain a 2% NSR on the project with a buyback of 1% for $1 million. Canterra Appoints New CFO
Marketwire - Thu Aug 15, 11:54AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM)(the "Company"
and its board of directors wish to announce that Ms Susan Neale, CGA has been appointed Chief Financial Officer of the Company to replace Mr. J. Christopher Mitchell who recently retired. Zadar Options 5 Strategically Located Uranium Projects With Substantial Data Package
Marketwire - Wed May 29, 7:03AM CDT
Zadar Ventures Ltd. (TSX VENTURE: ZAD)(FRANKFURT: ZAV) (the "Company"
is pleased to announce it has entered into an option agreement with Canterra Minerals Corporation ("Canterra" and Triex Minerals Corp. ("Triex" , a wholly owned subsidiary of Canterra, whereby Zadar has the option to purchase all of the Canterra/Triex interests in 5 significant and strategically located uranium projects, including over $15 million in exploration data, covering 67,561 hectares (166,946 acres), in the Athabasca Basin (Figure 1). The Company will pay $50,000 in cash payments and issue 2 million common shares. Canterra will also retain a 2% NSR on each project with a buyback of 1% for $1 million per project. Canterra Minerals Corporation: Work Programs Commence at Highland and East Manhattan Projects in Nevada
Marketwire - Wed Apr 24, 7:03AM CDT
Canterra Minerals Corporation (TSX VENTURE: CTM) (the "Company" or "Canterra"
announced today that field work has begun at both the Highland and East Manhattan gold/silver properties, located in western and central Nevada, respectively. Canterra may earn up to a 70 percent interest in each project pursuant to option agreements entered into with Bravada Gold Corporation (TSX VENTURE: BVA) ("Bravada" . (See news release dated March 4, 2013) Bravada is operator for both projects. Canterra Options Bravada's Highland and East Manhattan Gold/Silver Projects in Nevada
Marketwire - Mon Mar 04, 7:03AM CST
Bravada Gold Corporation (TSX VENTURE: BVA)(FRANKFURT: BRT) ("Bravada"
announced today that is has executed a Memorandum of Understanding with Canterra Minerals Corporation (TSX VENTURE: CTM) ("Canterra" whereby Canterra may earn up to a 70 percent interest in Bravada's Highland and East Manhattan gold/silver projects, located respectively within the Walker Lane Gold belt in western and central Nevada. 
