Mega Prec Metals (MPRXF) 0.0650 $MPRXF
Mega Precious Metals Inc. Announces Receipt of Final Court Approval for Arrangement with Yamana Gold Inc.
Marketwired - Fri Jun 19, 12:14PM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company"
is pleased to announce that Mega has received final court approval for the previously announced proposed arrangement (the "Arrangement" with Yamana Gold Inc. ("Yamana". Under the Arrangement, Yamana will, subject to the provisions of the arrangement agreement dated April 23, 2015 between Mega and Yamana, acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share.
MGP.VN: 0.080 (unch)
Mega Precious Metals Inc. Announces Shareholder Approval of Acquisition by Yamana Gold Inc.
Marketwired - Wed Jun 17, 2:18PM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company" is pleased to announce that, at its annual and special meeting of shareholders held today (the "Meeting", shareholders of Mega approved the previously announced plan of arrangement (the "Arrangement" with Yamana Gold Inc. ("Yamana". Under the Arrangement, Yamana will, subject to the provisions of the arrangement agreement dated April 23, 2015 between Mega and Yamana (the "Arrangement Agreement", acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and C$0.001 in cash per Mega share (the "Consideration".
MGP.VN: 0.080 (unch)
Mega Precious Metals Announces Re-Scheduling of Hearing Date for Final Order
Marketwired - Fri Jun 05, 6:02AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company" - Mega announces that the hearing date for the final order (the "Final Order" of the Ontario Superior Court of Justice (Commercial List) relating to the previously announced plan of arrangement (the "Arrangement", pursuant to which Yamana Gold Inc. will acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and C$0.001 in cash per Mega share, has been re-scheduled to June 19, 2015 at 10:00 am (Toronto time).
MGP.VN: 0.080 (unch)
Mega Precious Metals: Update on Yamana Gold Acquisition
Marketwired - Tue May 19, 3:16PM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company" - Further to its news release dated April 24, 2015, Mega is pleased to provide an update on its activities and the status of the agreement (the " Agreement" with Yamana Gold Inc. (TSX: YRI)(NYSE: AUY) ("Yamana", pursuant to which Yamana will acquire all of the outstanding shares of Mega under a plan of arrangement (the "Arrangement" for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share.
YRI.TO: 3.22 (+0.17), MGP.VN: 0.080 (unch), AUY: 2.49 (+0.16)
Yamana Gold To Acquire Mega Precious Metal, An Exploration Company For C$0.10 Per Share
Fun Trading - at Seeking Alpha - Fri Apr 24, 9:08AM CDT
AUY: 2.49 (+0.16)
Mega Precious to be Acquired by Yamana Gold
Marketwired - Fri Apr 24, 5:46AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company" is pleased to announce that it has entered into a definitive agreement (the "Agreement" with Yamana Gold Inc. (TSX: YRI)(NYSE: AUY) ("Yamana", whereby Yamana will acquire all of the outstanding shares of Mega under a plan of arrangement for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share, equivalent to C$0.10 per Mega share, based on the closing price of Yamana shares on the TSX on April 23, 2015. The total consideration to Mega shareholders is approximately C$17.5 million, based on the Company's issued current and outstanding shares. Yamana has also agreed to purchase the outstanding convertible debentures held by Pacific Road Capital Resources Funds.
YRI.TO: 3.22 (+0.17), MGP.VN: 0.080 (unch), AUY: 2.49 (+0.16)
Mega Increases High Grade Gold and Tungsten Mineralization Within the Monument Bay Proposed Open Pit
Marketwired - Tue Apr 07, 8:22AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce further Old Core Assay Program ("OCAP" results which continue to define multiple parallel high grade gold and tungsten mineralization located within the proposed open pit at the Monument Bay Project, located in Manitoba.
MGP.VN: 0.080 (unch)
Mega Precious Metals Discovers Extensive Sericite Fuchsite Alteration and Broad Gold Mineralization at Newly Identified Regional Structure
Marketwired - Thu Mar 26, 8:49AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce that initial exploration drilling on the regional targets has succeeded in identifying a new regional structure called the South Limb Shear Zone (SLSZ). Recent widely spaced drilling has intersected broad areas of alteration with consistent anomalous gold mineralization over a strike length of more than 20 km. The newly discovered SLSZ is 1 km south of and parallel to the Twin Lakes Shear Zone (TLSZ) which hosts more than 2.2 million measured and indicated ounces and 0.9 million inferred ounces of equivalent gold at the Monument Bay Project, located in Manitoba.
MGP.VN: 0.080 (unch)
Mega Precious Metals Commences Winter Drill Program with Two Drill Rigs and Provides an Exploration Update for Monument Bay
Marketwired - Mon Feb 09, 8:27AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce the company has commenced a 5,000 metre winter drill program at the Monument Bay Gold and Tungsten Project located in Manitoba. The company has two drill rigs on the property focusing on resource expansion and new target development building on the success of the 2014 drill results which demonstrated a robust and high-grade gold/tungsten system. This mineralized system continues to have significant potential for resource expansion on strike along the Twin Lakes Shear Trend as well as outlining new mineralized structures such as the South Limb and Altered Island Shear Trends (December 1, 2014).
MGP.VN: 0.080 (unch)
Mega Precious Metals Drills 18 m at 2.6 g/t Gold Including 0.24% Tungsten and 4.5 g/t Gold Over 3 m at Monument Bay
Marketwired - Thu Jan 15, 9:28AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce additional drill results from the 2014 drill and Old Core Assay Program ("OCAP" at the Monument Bay Project, located in Manitoba. The success of the 2014 exploration program continues to confirm and extend the continuity of near surface high grade gold/tungsten structures that have multiple occurrences of visible gold ("VG". In addition, Mega has defined new mineralized structures and has extended the mineralization below the conceptual open pit (figure 1). The gold and tungsten intercepts announced below focus on the east side of the Twin Lakes deposit. These intercepts have the potential to significantly increase the size and grade of the current mineralized footprint as they are not included in the recently announced resource update (November 21, 2014).
MGP.VN: 0.080 (unch)
Mega Precious Metals Discovers Significant Mineralized Trends at Its Monument Bay Project and Appoints Tim Twomey as VP Exploration
Marketwired - Mon Dec 01, 8:38AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is very pleased to announce that the company continues to develop an updated comprehensive exploration model for the entire 338 km2 Monument Bay Project. This new exploration model includes recent fall drilling results from two wildcat drill holes (TL-14-543 and TL-14-544), the compilation of new magnetic inversions and previous geophysical, geochemical, drilling and channel sampling within the region. This updated model has identified two new structures, the "South Limb Shear Trend" and "Altered Island Shear Trend" both structures are within 2 km south of Twin Lakes Gold Tungsten Deposit. The new structures display compelling geological and geophysical characteristics similar to the main Twin Lakes Shear Trend which hosts multiple gold deposits. (Figures 1 and 2)
MGP.VN: 0.080 (unch)
Mega Precious Metals Inc. Announces Receipt of Final Court Approval for Arrangement with Yamana Gold Inc.
Marketwired - Fri Jun 19, 12:14PM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company"
is pleased to announce that Mega has received final court approval for the previously announced proposed arrangement (the "Arrangement" with Yamana Gold Inc. ("Yamana". Under the Arrangement, Yamana will, subject to the provisions of the arrangement agreement dated April 23, 2015 between Mega and Yamana, acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share. MGP.VN: 0.080 (unch)
Mega Precious Metals Inc. Announces Shareholder Approval of Acquisition by Yamana Gold Inc.
Marketwired - Wed Jun 17, 2:18PM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company"
is pleased to announce that, at its annual and special meeting of shareholders held today (the "Meeting", shareholders of Mega approved the previously announced plan of arrangement (the "Arrangement" with Yamana Gold Inc. ("Yamana". Under the Arrangement, Yamana will, subject to the provisions of the arrangement agreement dated April 23, 2015 between Mega and Yamana (the "Arrangement Agreement", acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and C$0.001 in cash per Mega share (the "Consideration". MGP.VN: 0.080 (unch)
Mega Precious Metals Announces Re-Scheduling of Hearing Date for Final Order
Marketwired - Fri Jun 05, 6:02AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company"
- Mega announces that the hearing date for the final order (the "Final Order" of the Ontario Superior Court of Justice (Commercial List) relating to the previously announced plan of arrangement (the "Arrangement", pursuant to which Yamana Gold Inc. will acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and C$0.001 in cash per Mega share, has been re-scheduled to June 19, 2015 at 10:00 am (Toronto time). MGP.VN: 0.080 (unch)
Mega Precious Metals: Update on Yamana Gold Acquisition
Marketwired - Tue May 19, 3:16PM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company"
- Further to its news release dated April 24, 2015, Mega is pleased to provide an update on its activities and the status of the agreement (the " Agreement" with Yamana Gold Inc. (TSX: YRI)(NYSE: AUY) ("Yamana", pursuant to which Yamana will acquire all of the outstanding shares of Mega under a plan of arrangement (the "Arrangement" for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share. YRI.TO: 3.22 (+0.17), MGP.VN: 0.080 (unch), AUY: 2.49 (+0.16)
Yamana Gold To Acquire Mega Precious Metal, An Exploration Company For C$0.10 Per Share
Fun Trading - at Seeking Alpha - Fri Apr 24, 9:08AM CDT
AUY: 2.49 (+0.16)
Mega Precious to be Acquired by Yamana Gold
Marketwired - Fri Apr 24, 5:46AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" or the "Company"
is pleased to announce that it has entered into a definitive agreement (the "Agreement" with Yamana Gold Inc. (TSX: YRI)(NYSE: AUY) ("Yamana", whereby Yamana will acquire all of the outstanding shares of Mega under a plan of arrangement for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share, equivalent to C$0.10 per Mega share, based on the closing price of Yamana shares on the TSX on April 23, 2015. The total consideration to Mega shareholders is approximately C$17.5 million, based on the Company's issued current and outstanding shares. Yamana has also agreed to purchase the outstanding convertible debentures held by Pacific Road Capital Resources Funds. YRI.TO: 3.22 (+0.17), MGP.VN: 0.080 (unch), AUY: 2.49 (+0.16)
Mega Increases High Grade Gold and Tungsten Mineralization Within the Monument Bay Proposed Open Pit
Marketwired - Tue Apr 07, 8:22AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega"
is pleased to announce further Old Core Assay Program ("OCAP" results which continue to define multiple parallel high grade gold and tungsten mineralization located within the proposed open pit at the Monument Bay Project, located in Manitoba. MGP.VN: 0.080 (unch)
Mega Precious Metals Discovers Extensive Sericite Fuchsite Alteration and Broad Gold Mineralization at Newly Identified Regional Structure
Marketwired - Thu Mar 26, 8:49AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega"
is pleased to announce that initial exploration drilling on the regional targets has succeeded in identifying a new regional structure called the South Limb Shear Zone (SLSZ). Recent widely spaced drilling has intersected broad areas of alteration with consistent anomalous gold mineralization over a strike length of more than 20 km. The newly discovered SLSZ is 1 km south of and parallel to the Twin Lakes Shear Zone (TLSZ) which hosts more than 2.2 million measured and indicated ounces and 0.9 million inferred ounces of equivalent gold at the Monument Bay Project, located in Manitoba. MGP.VN: 0.080 (unch)
Mega Precious Metals Commences Winter Drill Program with Two Drill Rigs and Provides an Exploration Update for Monument Bay
Marketwired - Mon Feb 09, 8:27AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega"
is pleased to announce the company has commenced a 5,000 metre winter drill program at the Monument Bay Gold and Tungsten Project located in Manitoba. The company has two drill rigs on the property focusing on resource expansion and new target development building on the success of the 2014 drill results which demonstrated a robust and high-grade gold/tungsten system. This mineralized system continues to have significant potential for resource expansion on strike along the Twin Lakes Shear Trend as well as outlining new mineralized structures such as the South Limb and Altered Island Shear Trends (December 1, 2014). MGP.VN: 0.080 (unch)
Mega Precious Metals Drills 18 m at 2.6 g/t Gold Including 0.24% Tungsten and 4.5 g/t Gold Over 3 m at Monument Bay
Marketwired - Thu Jan 15, 9:28AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega"
is pleased to announce additional drill results from the 2014 drill and Old Core Assay Program ("OCAP" at the Monument Bay Project, located in Manitoba. The success of the 2014 exploration program continues to confirm and extend the continuity of near surface high grade gold/tungsten structures that have multiple occurrences of visible gold ("VG". In addition, Mega has defined new mineralized structures and has extended the mineralization below the conceptual open pit (figure 1). The gold and tungsten intercepts announced below focus on the east side of the Twin Lakes deposit. These intercepts have the potential to significantly increase the size and grade of the current mineralized footprint as they are not included in the recently announced resource update (November 21, 2014). MGP.VN: 0.080 (unch)
Mega Precious Metals Discovers Significant Mineralized Trends at Its Monument Bay Project and Appoints Tim Twomey as VP Exploration
Marketwired - Mon Dec 01, 8:38AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega"
is very pleased to announce that the company continues to develop an updated comprehensive exploration model for the entire 338 km2 Monument Bay Project. This new exploration model includes recent fall drilling results from two wildcat drill holes (TL-14-543 and TL-14-544), the compilation of new magnetic inversions and previous geophysical, geochemical, drilling and channel sampling within the region. This updated model has identified two new structures, the "South Limb Shear Trend" and "Altered Island Shear Trend" both structures are within 2 km south of Twin Lakes Gold Tungsten Deposit. The new structures display compelling geological and geophysical characteristics similar to the main Twin Lakes Shear Trend which hosts multiple gold deposits. (Figures 1 and 2) MGP.VN: 0.080 (unch)
