Nord Resources Cp (NRDS) 0.0161 $NRDS
Nord Resources Enters Into a Forbearance and Loan Modification Agreement with Nedbank Limited
CNW Group - Wed Sep 10, 1:30PM CDT
Nord Resources Corporation (OTCQB: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, is pleased to announce that it has entered into a Forbearance and Loan Modification Agreement with Nedbank Limited dated September 9, 2014. Under the Agreement, Nedbank has agreed to forbear from the exercise of its rights and remedies, as specified in the Second Amended and Restated Credit Agreement by and between Nedbank and Company dated March 31, 2009, in respect of approximately $52 million (the "Indebtedness"
due and owing to Nedbank and its affiliates under the Company's secured term loan facility, copper hedge program and interest rate swap program, for a period of up to 45 days. In addition Nedbank has agreed to lend the Company up to $350,000 in new advances through a revolving credit facility in order to help fund critical budgeted operating expenses at the Johnson Camp Mine during the forbearance period. The new advances will bear interest at LIBOR plus 8.5% per annum. All advances and interest thereon shall mature and become due and payable upon the termination or expiry of the forbearance period under the Forbearance Agreement, and are secured against the Company's assets.
Additional Expressions of Interest in Liberty Star's Copper-Gold-REEs Hay Mountain Project, Southeast Arizona and Uranium Assets at North Pipes, Arizona
Business Wire - Tue Aug 05, 12:20PM CDT
Liberty Star Uranium & Metals Corp. ("Liberty Star" or the "Company" (OTCQB: LBSR) is pleased to announce that one international mining entity and three domestic investing groups have expressed interest in continuing due diligence and possible negotiations for financing Phase 1 drilling, on the Company's Hay Mountain Project in Cochise County, southeast Arizona. Another company has expressed an interest in the North Pipes Project for uranium and other minerals in northern Arizona. In all cases, these are preliminary expressions of interest but these discussions are underway.
Nord Resources Announces Extension of Copper Sales Agreement
CNW Group - Fri Jun 28, 1:16PM CDT
Nord Resources Corporation (OTCQB: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced that it has extended copper cathode sales agreement with Red Kite Master Fund Limited for 100% of the production from the Johnson Camp Mine, given the expiry of the replacement copper cathode sales agreement between the parties that was in place from January 1, 2013 through June 30, 2013.
Nord Resources Reports 2012 Year-End Results
CNW Group - Wed Mar 27, 2:00PM CDT
Nord Resources Corporation (OTCQB: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced its audited financial results for the year ended December 31, 2012. The consolidated financial statements were prepared in accordance with U.S. generally accepted accounting principles and all currency amounts are in U.S. dollars.
Nord Resources Announces Extension Copper Sales Agreement
CNW Group - Thu Mar 21, 1:29PM CDT
Nord Resources Corporation (OTC Pink Market: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced that it has amended its copper cathode sales agreement with Red Kite Master Fund Limited for 100% of the production from the Johnson Camp Mine, to extend its termination date from March 31, 2013 to June 30, 2013.
Nord Resources Announces Replacement Copper Sales Agreement
CNW Group - Fri Jan 04, 9:06AM CST
Nord Resources Corporation (OTC Pink Market: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced that it entered into a new copper cathode sales agreement with Red Kite Master Fund Limited for 100% of the production from the Johnson Camp Mine, given the expiry of the long term copper cathode sales agreement between the parties that was in place from February 1, 2008 through December 31, 2012.
Nord Resources Enters Into a Forbearance and Loan Modification Agreement with Nedbank Limited
CNW Group - Wed Sep 10, 1:30PM CDT
Nord Resources Corporation (OTCQB: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, is pleased to announce that it has entered into a Forbearance and Loan Modification Agreement with Nedbank Limited dated September 9, 2014. Under the Agreement, Nedbank has agreed to forbear from the exercise of its rights and remedies, as specified in the Second Amended and Restated Credit Agreement by and between Nedbank and Company dated March 31, 2009, in respect of approximately $52 million (the "Indebtedness"
due and owing to Nedbank and its affiliates under the Company's secured term loan facility, copper hedge program and interest rate swap program, for a period of up to 45 days. In addition Nedbank has agreed to lend the Company up to $350,000 in new advances through a revolving credit facility in order to help fund critical budgeted operating expenses at the Johnson Camp Mine during the forbearance period. The new advances will bear interest at LIBOR plus 8.5% per annum. All advances and interest thereon shall mature and become due and payable upon the termination or expiry of the forbearance period under the Forbearance Agreement, and are secured against the Company's assets. Additional Expressions of Interest in Liberty Star's Copper-Gold-REEs Hay Mountain Project, Southeast Arizona and Uranium Assets at North Pipes, Arizona
Business Wire - Tue Aug 05, 12:20PM CDT
Liberty Star Uranium & Metals Corp. ("Liberty Star" or the "Company"
(OTCQB: LBSR) is pleased to announce that one international mining entity and three domestic investing groups have expressed interest in continuing due diligence and possible negotiations for financing Phase 1 drilling, on the Company's Hay Mountain Project in Cochise County, southeast Arizona. Another company has expressed an interest in the North Pipes Project for uranium and other minerals in northern Arizona. In all cases, these are preliminary expressions of interest but these discussions are underway. Nord Resources Announces Extension of Copper Sales Agreement
CNW Group - Fri Jun 28, 1:16PM CDT
Nord Resources Corporation (OTCQB: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced that it has extended copper cathode sales agreement with Red Kite Master Fund Limited for 100% of the production from the Johnson Camp Mine, given the expiry of the replacement copper cathode sales agreement between the parties that was in place from January 1, 2013 through June 30, 2013.
Nord Resources Reports 2012 Year-End Results
CNW Group - Wed Mar 27, 2:00PM CDT
Nord Resources Corporation (OTCQB: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced its audited financial results for the year ended December 31, 2012. The consolidated financial statements were prepared in accordance with U.S. generally accepted accounting principles and all currency amounts are in U.S. dollars.
Nord Resources Announces Extension Copper Sales Agreement
CNW Group - Thu Mar 21, 1:29PM CDT
Nord Resources Corporation (OTC Pink Market: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced that it has amended its copper cathode sales agreement with Red Kite Master Fund Limited for 100% of the production from the Johnson Camp Mine, to extend its termination date from March 31, 2013 to June 30, 2013.
Nord Resources Announces Replacement Copper Sales Agreement
CNW Group - Fri Jan 04, 9:06AM CST
Nord Resources Corporation (OTC Pink Market: NRDS), which is producing copper at its Johnson Camp Mine in Arizona, today announced that it entered into a new copper cathode sales agreement with Red Kite Master Fund Limited for 100% of the production from the Johnson Camp Mine, given the expiry of the long term copper cathode sales agreement between the parties that was in place from February 1, 2008 through December 31, 2012.
