Magindustries Corp (MAAFF) 0.2060 $MAAFF
MagIndustries Corp.: Update of the NI 43-101 Technical Report for MagMineral's Mengo Permit Area, Kouilou Region, Republic of Congo
Marketwire - Wed Jul 02, 8:01AM CDT
MagIndustries Corp. ("MagIndustries" or the "Company"
(TSX: MAA) today announced that it has filed an update to its National Instrument 43-101 Technical Report entitled Update of the NI 43-101 Technical Report for MagMineral's Mengo Permit Area, Kouilou Region, Republic of Congo (the "Technical Report" in respect of the property owned by its 90% owned subsidiary MagMinerals Potasses Congo SA. ("MPC" , previously described in the Company's press release of November 14, 2013. The Technical Report relates to the geology and development of the Company's proposed 1.2 million tonnes K60 product per annum Mengo Potash Project in the Republic of Congo (the "Project" . The authors of the Technical Report are EurGeol Dr. Henry Rauche, EurGeol Dr. Sebastiaan van der Klauw, and EUR ING Ralf Linsenbarth of ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH (collectively "ERCOSPLAN" .
MagIndustries Corp.: Amendment to the Potash Investment Agreement Signed by Congolese Cabinet Ministers
Marketwire - Wed Apr 02, 7:29AM CDT
MagIndustries Corp. ("MagIndustries" or the "Company" (TSX: MAA) is pleased to report that an amendment (the "Amendment" to the Potash Investment Agreement of December 2008 (the "PIA" has been signed by two cabinet ministers of the Republic of Congo (the "ROC" on behalf of the ROC, Mr. Pierre Oba, Minister of Mines and Geology and Mr. Gilbert Ondongo, Minister of State, the Economy, Finance, Public Works and Integration and by the Company. The Amendment has been approved by the Company's board of directors and will be introduced to the Parliament of the ROC by the two ministers for eventual passage into law. MagIndustries and its local Congolese operating company, MagMinerals Potasses Congo S.A. (MagMinerals), are both signatories to the Amendment.
MagIndustries Announces Appointment of Geoff Woo as CFO
Marketwire - Mon Feb 24, 7:31AM CST
MagIndustries Corp. ("MagIndustries" or the "Company" (TSX: MAA) is pleased to announce that Geoff Woo, CGA has been appointed Chief Financial Officer of the Company, effective immediately. Mr. Woo has served MagIndustries for the past 11 months as Financial Controller. He is a finance professional with over fifteen years of corporate finance experience gained in both private and public companies.
MagIndustries Announces a Pledge of the Balance of Its Shares by Evergreen
Marketwire - Mon Jan 20, 10:30AM CST
MagIndustries Corp. ("MagIndustries" or the "Company" (TSX: MAA) announced today that in connection with certain loans made to Evergreen Resources Holding (BVI) Ltd., ("Evergreen BVI" , the holder of 653,008,894 common shares, or approximately 86.4% of MagIndustries, Evergreen BVI has entered into a share pledge agreement with the Export-Import Bank of China ("China EXIM" under which Evergreen BVI has pledged an additional 295,770,211 common shares of the Company as collateral for such borrowings. MagIndustries had reported previously in its press release of December 21, 2012 that Evergreen BVI had entered into a share pledge agreement with China EXIM under which Evergreen BVI had pledged 357,238,683 common shares of the Company as collateral for certain loans. MagIndustries is not a party to the loans nor any associated obligations.
General Contract for the Construction of MagIndustries' Mengo Potash Project is Now Unconditional
Marketwire - Mon Jul 29, 12:19PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" . Further to its press release of July 10, 2013 indicating that a conditional General Contract had been signed with East China Engineering Science and Technology Co., Ltd. ("ECEC" MagIndustries, is pleased to report that the General Construction Contract (the "General Contract" has been finalized and is now unconditional. The General Contract remained conditional until the General Contractor provided to the Company a performance guarantee registered with a bank which could be demanded by the Company in the event of non-performance of certain obligations specified in the General Contract. The Company informed the General Contractor yesterday that it was satisfied with the guarantee provided.
MagIndustries Hosts Inauguration Ceremony for the Mengo Project
Marketwire - Thu Jul 18, 1:38PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" hosted an Inauguration Ceremony (the "Ceremony" yesterday for its intended 1.2 million tonne per year Mengo Potash Project (the "Project" in the Republic of Congo. The Ceremony provided an official recognition for the recent arrival in Congo of materials and equipment in anticipation of the start of construction of the Project and encouragement to the Company as it proceeds with implementation.
MagIndustries Signs Construction Engineering Supervision Contract
Marketwire - Thu Jul 11, 11:02AM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" . MagIndustries, is pleased to report that a Construction Engineering Supervision Contract (the " Contract" has been signed with Changsha Huaxing Construction Supervision Co., Ltd. ("CHCS" or the 'Supervisor" to supervise engineering work related to the Company's proposed 1.2 million tonne per year Mengo Potash Project (the "Project" in the Republic of Congo.
MagIndustries Signs Conditional General Contract for the Construction of the Mengo Potash Project
Marketwire - Wed Jul 10, 7:39AM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" . Further to its press release of March 18, 2013 indicating that a "Framework Agreement" had been entered with East China Engineering Science and Technology Co., Ltd. ("ECEC" MagIndustries, is pleased to report that a General Construction Contract (the "General Contract" was signed by the two parties yesterday. Under the General Contract ECEC will provide a range of services related to the planning, construction and performance of the Company's proposed 1.2 million tonnes per annum Mengo Potash Project in the Republic of Congo (the "Project" . The signing of the General Contract is a very important milestone for the Company toward achieving its ambitions to be a major potash producer for worldwide markets.
MagIndustries Announces Resignation of Co-Chief Financial Officer
Marketwire - Wed Jun 26, 3:01PM CDT
MagIndustries Corp. ("MagIndustries" or the "Company" (TSX: MAA) today announced that Stella Zhao, the Company's Co-Chief Financial Officer, has resigned her position to pursue other interests. Ms. Zhao's resignation is effective on July 26, 2013. As announced in a Press Release issued February 25, 2013, the Board of Directors continues its search for a new Chief Financial Officer, strong candidates have been identified, and an appointment will be announced in the coming weeks. In the interim Mr. Geoff Woo CGA, Corporate Controller, will be responsible for the financial management of the Company.
MagIndustries Corp.: First Shipment of Construction Equipment and Materials for the Mengo Project Arrives in Pointe Noire
Marketwire - Wed Jun 12, 3:01PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" is pleased to report that the first ship carrying construction equipment and materials for construction of the Company's 1.2 million tonnes per annum Mengo Potash Project in the Republic of Congo (the "Project" arrived in Pointe Noire, Republic of Congo on June 12, 2013.
MagIndustries Corp.: Update of the NI 43-101 Technical Report for MagMineral's Mengo Permit Area, Kouilou Region, Republic of Congo
Marketwire - Wed Jul 02, 8:01AM CDT
MagIndustries Corp. ("MagIndustries" or the "Company"
(TSX: MAA) today announced that it has filed an update to its National Instrument 43-101 Technical Report entitled Update of the NI 43-101 Technical Report for MagMineral's Mengo Permit Area, Kouilou Region, Republic of Congo (the "Technical Report" in respect of the property owned by its 90% owned subsidiary MagMinerals Potasses Congo SA. ("MPC" , previously described in the Company's press release of November 14, 2013. The Technical Report relates to the geology and development of the Company's proposed 1.2 million tonnes K60 product per annum Mengo Potash Project in the Republic of Congo (the "Project" . The authors of the Technical Report are EurGeol Dr. Henry Rauche, EurGeol Dr. Sebastiaan van der Klauw, and EUR ING Ralf Linsenbarth of ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH (collectively "ERCOSPLAN" . MagIndustries Corp.: Amendment to the Potash Investment Agreement Signed by Congolese Cabinet Ministers
Marketwire - Wed Apr 02, 7:29AM CDT
MagIndustries Corp. ("MagIndustries" or the "Company"
(TSX: MAA) is pleased to report that an amendment (the "Amendment" to the Potash Investment Agreement of December 2008 (the "PIA" has been signed by two cabinet ministers of the Republic of Congo (the "ROC" on behalf of the ROC, Mr. Pierre Oba, Minister of Mines and Geology and Mr. Gilbert Ondongo, Minister of State, the Economy, Finance, Public Works and Integration and by the Company. The Amendment has been approved by the Company's board of directors and will be introduced to the Parliament of the ROC by the two ministers for eventual passage into law. MagIndustries and its local Congolese operating company, MagMinerals Potasses Congo S.A. (MagMinerals), are both signatories to the Amendment. MagIndustries Announces Appointment of Geoff Woo as CFO
Marketwire - Mon Feb 24, 7:31AM CST
MagIndustries Corp. ("MagIndustries" or the "Company"
(TSX: MAA) is pleased to announce that Geoff Woo, CGA has been appointed Chief Financial Officer of the Company, effective immediately. Mr. Woo has served MagIndustries for the past 11 months as Financial Controller. He is a finance professional with over fifteen years of corporate finance experience gained in both private and public companies. MagIndustries Announces a Pledge of the Balance of Its Shares by Evergreen
Marketwire - Mon Jan 20, 10:30AM CST
MagIndustries Corp. ("MagIndustries" or the "Company"
(TSX: MAA) announced today that in connection with certain loans made to Evergreen Resources Holding (BVI) Ltd., ("Evergreen BVI" , the holder of 653,008,894 common shares, or approximately 86.4% of MagIndustries, Evergreen BVI has entered into a share pledge agreement with the Export-Import Bank of China ("China EXIM" under which Evergreen BVI has pledged an additional 295,770,211 common shares of the Company as collateral for such borrowings. MagIndustries had reported previously in its press release of December 21, 2012 that Evergreen BVI had entered into a share pledge agreement with China EXIM under which Evergreen BVI had pledged 357,238,683 common shares of the Company as collateral for certain loans. MagIndustries is not a party to the loans nor any associated obligations. General Contract for the Construction of MagIndustries' Mengo Potash Project is Now Unconditional
Marketwire - Mon Jul 29, 12:19PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
. Further to its press release of July 10, 2013 indicating that a conditional General Contract had been signed with East China Engineering Science and Technology Co., Ltd. ("ECEC" MagIndustries, is pleased to report that the General Construction Contract (the "General Contract" has been finalized and is now unconditional. The General Contract remained conditional until the General Contractor provided to the Company a performance guarantee registered with a bank which could be demanded by the Company in the event of non-performance of certain obligations specified in the General Contract. The Company informed the General Contractor yesterday that it was satisfied with the guarantee provided. MagIndustries Hosts Inauguration Ceremony for the Mengo Project
Marketwire - Thu Jul 18, 1:38PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
hosted an Inauguration Ceremony (the "Ceremony" yesterday for its intended 1.2 million tonne per year Mengo Potash Project (the "Project" in the Republic of Congo. The Ceremony provided an official recognition for the recent arrival in Congo of materials and equipment in anticipation of the start of construction of the Project and encouragement to the Company as it proceeds with implementation. MagIndustries Signs Construction Engineering Supervision Contract
Marketwire - Thu Jul 11, 11:02AM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
. MagIndustries, is pleased to report that a Construction Engineering Supervision Contract (the " Contract" has been signed with Changsha Huaxing Construction Supervision Co., Ltd. ("CHCS" or the 'Supervisor" to supervise engineering work related to the Company's proposed 1.2 million tonne per year Mengo Potash Project (the "Project" in the Republic of Congo. MagIndustries Signs Conditional General Contract for the Construction of the Mengo Potash Project
Marketwire - Wed Jul 10, 7:39AM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
. Further to its press release of March 18, 2013 indicating that a "Framework Agreement" had been entered with East China Engineering Science and Technology Co., Ltd. ("ECEC" MagIndustries, is pleased to report that a General Construction Contract (the "General Contract" was signed by the two parties yesterday. Under the General Contract ECEC will provide a range of services related to the planning, construction and performance of the Company's proposed 1.2 million tonnes per annum Mengo Potash Project in the Republic of Congo (the "Project" . The signing of the General Contract is a very important milestone for the Company toward achieving its ambitions to be a major potash producer for worldwide markets. MagIndustries Announces Resignation of Co-Chief Financial Officer
Marketwire - Wed Jun 26, 3:01PM CDT
MagIndustries Corp. ("MagIndustries" or the "Company"
(TSX: MAA) today announced that Stella Zhao, the Company's Co-Chief Financial Officer, has resigned her position to pursue other interests. Ms. Zhao's resignation is effective on July 26, 2013. As announced in a Press Release issued February 25, 2013, the Board of Directors continues its search for a new Chief Financial Officer, strong candidates have been identified, and an appointment will be announced in the coming weeks. In the interim Mr. Geoff Woo CGA, Corporate Controller, will be responsible for the financial management of the Company. MagIndustries Corp.: First Shipment of Construction Equipment and Materials for the Mengo Project Arrives in Pointe Noire
Marketwire - Wed Jun 12, 3:01PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
is pleased to report that the first ship carrying construction equipment and materials for construction of the Company's 1.2 million tonnes per annum Mengo Potash Project in the Republic of Congo (the "Project" arrived in Pointe Noire, Republic of Congo on June 12, 2013. 
