First Bauxite Corp (FIBCF) 0.0718 $FIBCF
First Bauxite Corporation Announces Filing of Year-End Financial Statements and MD&A, Appointment of New Chief Financial Officer, Change to Financial Year End and Issuance of Stock Options
Marketwired - Wed Dec 31, 7:39AM CST
FIRST BAUXITE CORPORATION ("First Bauxite" or the "Company"
(TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that it has filed its audited year-end financial statements and management's discussion and analysis for the year ended September 30, 2014. Both are available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.firstbauxite.com.
FBX.VN: 0.055 (-0.005)
Resource Capital Fund V L.P. Enters into Loan Facility with First Bauxite Corporation
CNW Group - Thu Dec 11, 6:07PM CST
Resource Capital Fund V L.P. ("RCF" is pleased to announce that it has entered into a loan facility with First Bauxite Corporation (the "Company" in the aggregate principal amount of US$4,000,000 pursuant to a note purchase agreement between RCF and the Company dated as of December 5, 2014 (the "Note Purchase Agreement" . Under the terms of the Note Purchase Agreement, the Company has issued to RCF a convertible note in the aggregate principal amount of US$4,000,000 (the "Note" bearing interest at 8% per annum, that is payable with the principal amount on January 19, 2016 (the "Maturity Date" .
First Bauxite Corporation Closes Non-Brokered Private Placement
Marketwired - Thu Dec 11, 5:10PM CST
First Bauxite Corporation ("First Bauxite" or the "Company" (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that the Company has closed its previously announced non-brokered private placement (the "Private Placement" to Resource Capital Fund V L.P. ("RCF" of a US$4 million principal amount convertible note bearing 8% interest and maturing January 19, 2016 (the "Note" . The principal amount of the Note is convertible at the option of RCF into common shares of the Company at a deemed price of CAD$0.10 per share, while interest outstanding on the converted amount may, at RCF's election, be settled by the issue of Company shares at the market price, being the 20 day volume weighted average trading price of the common shares on the TSX Venture Exchange (the "Market Price" , of such shares at the time of settlement. The Company may prepay the principal amount of the Note in shares valued at CAD$0.10 if the volume weighted average trading price of the Company's shares exceeds CAD$0.20 for 40 consecutive trading days ending at least five trading days prior to the date on which a notice of payment is provided to RCF, while interest outstanding on the prepaid amount may be settled by the issue of Company shares at the Market Price of such shares at the time of prepayment. The share prices and values expressed above will be converted into the US dollar equivalent using exchange rates applicable at the time of issuance of any shares.
FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Non-Brokered Private Placement
Marketwired - Thu Dec 04, 4:37PM CST
First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company" is pleased to announce that the Company is proceeding with a non-brokered private placement (the "Private Placement" to Resource Capital Fund V L.P. ("RCF" of US$4 million principal amount convertible note bearing 8% interest and maturing January 19, 2016 (the "Note" . The principal amount of the Note will be convertible at the option of RCF into common shares of the Company at a deemed price of CAD$0.10 per share, while interest outstanding on the converted amount may, at RCF's election, be settled by the issue of Company shares at the market price, being the 20 day volume weighted average trading price of the common shares on the TSX Venture Exchange (the "Market Price" , of such shares at the time of settlement. The Company may prepay the principal amount of the Note in shares valued at CAD$0.10 if the volume weighted average trading price of the Company's shares exceeds CAD$0.20 for 40 consecutive trading days, while interest outstanding on the prepaid amount may be settled by the issue of Company shares at the Market Price of such shares at the time of prepayment. The share prices and values expressed above will be converted into the US dollar equivalent using exchange rates applicable at the time of issuance of any shares.
FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Completion of Strategic Review
Marketwired - Wed Dec 03, 4:24PM CST
First Bauxite Corporation (TSX VENTURE: FBX)(BERLIN: FBI)(FRANKFURT: FBI) ("First Bauxite" or the "Company" is pleased to announce that it has completed a strategic review of development alternatives for its industrial mineral grade bauxite deposit located in Guyana. The Company has defined what it believes to be a new and more robust project concept and has engaged an engineering firm to complete a feasibility study on the new project concept. The Company has also received an extension on its construction obligations under its Mining Licence with the Government of Guyana.
FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Filing of Third Quarter Financial Statements and MD&A
Marketwire - Fri Aug 22, 4:09PM CDT
FIRST BAUXITE CORPORATION ("First Bauxite" or the "Company" (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that it has filed its third quarter financial statements and management's discussion and analysis for the period ended June 30, 2014. Both are available under the Company's profile on SEDAR at www.sedar.comand on the Company's website at www.firstbauxite.com.
FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Change of President and CEO
Marketwire - Thu Aug 21, 5:10PM CDT
First Bauxite Corporation ("FBX" or the "Corporation" (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) today announced that effective immediately Mr. Alan Roughead has replaced Mr. Hilbert Shields as President and Chief Executive Officer of FBX. Alan brings over 25 years of experience in the industrial minerals industry focused on operations, marketing and finance. Until its sale to Sibelco in 2012, Alan was CEO and Managing Director of Queensland Magnesia Pty Ltd, one of the world's largest producers of magnesia for the global refractory and chemical markets. Alan has been a Non Executive Director of FBX since August 2012 and will relocate to Toronto in October 2014 to take up his new role. Alan holds a Bachelor of Economics (Hons.) degree from the University of Western Australia and served as a Director of Talison Minerals Pty Ltd. from 2007 to 2009.
FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Re-Financing of Convertible Notes
Marketwire - Thu Jun 26, 3:31PM CDT
First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI)(the "Company" is pleased to announce that the Company has completed a re-financing of its $8 million principal amount convertible notes previously issued to the Pacific Road Resources Funds by the issuance of replacement 10% per annum interest bearing promissory notes (the "Replacement Notes" and the cancellation of the convertible notes previously issued to Pacific Road.
FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Filing of Year-End Financial Statements and MD&A, Appointment of New Chief Financial Officer, Change to Financial Year End and Issuance of Stock Options
Marketwired - Wed Dec 31, 7:39AM CST
FIRST BAUXITE CORPORATION ("First Bauxite" or the "Company"
(TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that it has filed its audited year-end financial statements and management's discussion and analysis for the year ended September 30, 2014. Both are available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.firstbauxite.com. FBX.VN: 0.055 (-0.005)
Resource Capital Fund V L.P. Enters into Loan Facility with First Bauxite Corporation
CNW Group - Thu Dec 11, 6:07PM CST
Resource Capital Fund V L.P. ("RCF"
is pleased to announce that it has entered into a loan facility with First Bauxite Corporation (the "Company" in the aggregate principal amount of US$4,000,000 pursuant to a note purchase agreement between RCF and the Company dated as of December 5, 2014 (the "Note Purchase Agreement" . Under the terms of the Note Purchase Agreement, the Company has issued to RCF a convertible note in the aggregate principal amount of US$4,000,000 (the "Note" bearing interest at 8% per annum, that is payable with the principal amount on January 19, 2016 (the "Maturity Date" . First Bauxite Corporation Closes Non-Brokered Private Placement
Marketwired - Thu Dec 11, 5:10PM CST
First Bauxite Corporation ("First Bauxite" or the "Company"
(TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that the Company has closed its previously announced non-brokered private placement (the "Private Placement" to Resource Capital Fund V L.P. ("RCF" of a US$4 million principal amount convertible note bearing 8% interest and maturing January 19, 2016 (the "Note" . The principal amount of the Note is convertible at the option of RCF into common shares of the Company at a deemed price of CAD$0.10 per share, while interest outstanding on the converted amount may, at RCF's election, be settled by the issue of Company shares at the market price, being the 20 day volume weighted average trading price of the common shares on the TSX Venture Exchange (the "Market Price" , of such shares at the time of settlement. The Company may prepay the principal amount of the Note in shares valued at CAD$0.10 if the volume weighted average trading price of the Company's shares exceeds CAD$0.20 for 40 consecutive trading days ending at least five trading days prior to the date on which a notice of payment is provided to RCF, while interest outstanding on the prepaid amount may be settled by the issue of Company shares at the Market Price of such shares at the time of prepayment. The share prices and values expressed above will be converted into the US dollar equivalent using exchange rates applicable at the time of issuance of any shares. FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Non-Brokered Private Placement
Marketwired - Thu Dec 04, 4:37PM CST
First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company"
is pleased to announce that the Company is proceeding with a non-brokered private placement (the "Private Placement" to Resource Capital Fund V L.P. ("RCF" of US$4 million principal amount convertible note bearing 8% interest and maturing January 19, 2016 (the "Note" . The principal amount of the Note will be convertible at the option of RCF into common shares of the Company at a deemed price of CAD$0.10 per share, while interest outstanding on the converted amount may, at RCF's election, be settled by the issue of Company shares at the market price, being the 20 day volume weighted average trading price of the common shares on the TSX Venture Exchange (the "Market Price" , of such shares at the time of settlement. The Company may prepay the principal amount of the Note in shares valued at CAD$0.10 if the volume weighted average trading price of the Company's shares exceeds CAD$0.20 for 40 consecutive trading days, while interest outstanding on the prepaid amount may be settled by the issue of Company shares at the Market Price of such shares at the time of prepayment. The share prices and values expressed above will be converted into the US dollar equivalent using exchange rates applicable at the time of issuance of any shares. FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Completion of Strategic Review
Marketwired - Wed Dec 03, 4:24PM CST
First Bauxite Corporation (TSX VENTURE: FBX)(BERLIN: FBI)(FRANKFURT: FBI) ("First Bauxite" or the "Company"
is pleased to announce that it has completed a strategic review of development alternatives for its industrial mineral grade bauxite deposit located in Guyana. The Company has defined what it believes to be a new and more robust project concept and has engaged an engineering firm to complete a feasibility study on the new project concept. The Company has also received an extension on its construction obligations under its Mining Licence with the Government of Guyana. FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Filing of Third Quarter Financial Statements and MD&A
Marketwire - Fri Aug 22, 4:09PM CDT
FIRST BAUXITE CORPORATION ("First Bauxite" or the "Company"
(TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that it has filed its third quarter financial statements and management's discussion and analysis for the period ended June 30, 2014. Both are available under the Company's profile on SEDAR at www.sedar.comand on the Company's website at www.firstbauxite.com. FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Change of President and CEO
Marketwire - Thu Aug 21, 5:10PM CDT
First Bauxite Corporation ("FBX" or the "Corporation"
(TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) today announced that effective immediately Mr. Alan Roughead has replaced Mr. Hilbert Shields as President and Chief Executive Officer of FBX. Alan brings over 25 years of experience in the industrial minerals industry focused on operations, marketing and finance. Until its sale to Sibelco in 2012, Alan was CEO and Managing Director of Queensland Magnesia Pty Ltd, one of the world's largest producers of magnesia for the global refractory and chemical markets. Alan has been a Non Executive Director of FBX since August 2012 and will relocate to Toronto in October 2014 to take up his new role. Alan holds a Bachelor of Economics (Hons.) degree from the University of Western Australia and served as a Director of Talison Minerals Pty Ltd. from 2007 to 2009. FBX.VN: 0.055 (-0.005)
First Bauxite Corporation Announces Re-Financing of Convertible Notes
Marketwire - Thu Jun 26, 3:31PM CDT
First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI)(the "Company"
is pleased to announce that the Company has completed a re-financing of its $8 million principal amount convertible notes previously issued to the Pacific Road Resources Funds by the issuance of replacement 10% per annum interest bearing promissory notes (the "Replacement Notes" and the cancellation of the convertible notes previously issued to Pacific Road. FBX.VN: 0.055 (-0.005)
