Magellan Minerals (MAGNF) 0.0390 $MAGNF
Anfield Nickel Corp. Completes Acquisition of Magellan Minerals Ltd.
Marketwired - Mon May 09, 7:02AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 9, 2016) - Anfield Nickel Corp. ("Anfield"
(TSX VENTURE:ANF) and Magellan Minerals Ltd. ("Magellan" (TSX VENTURE:MNM) today completed the previously announced plan of arrangement (the "Arrangement" under the Business Corporations Act (British Columbia) whereby Anfield acquired all of the issued and outstanding securities of Magellan.
ANF.VN: 1.330 (+0.010), MNM.VN: 0.075 (-0.005)
IIROC Trade Halt - Magellan Minerals Ltd.
Newsfile Corp - Fri May 06, 6:58AM CDT
The following issues have been halted by IIROC:
Magellan Securityholders Approve Business Combination With Anfield Nickel Corp.
Marketwired - Mon May 02, 8:01AM CDT
Magellan Minerals Ltd. (TSX VENTURE: MNM) (the "Company" or "Magellan" is pleased to announce that shareholders, optionholders and warrantholders of Magellan (together, the "Securityholders" have approved the previously announced business combination with Anfield Nickel Corp. ("Anfield", to be completed by way of a plan of arrangement (the "Arrangement", at a special meeting held on April 28, 2016. Under the terms of the Arrangement, Anfield will acquire all the issued and outstanding common shares of Magellan in exchange for 0.0863 of a common share of Anfield for each Magellan Share held.
MNM.VN: 0.075 (-0.005)
Magellan Minerals Ltd. Announces Settlement of Certain Debts and Resignation of Director
Marketwire Canada - Wed Apr 20, 11:57AM CDT
Magellan Minerals Ltd. (TSX VENTURE:MNM) (the "Company" is pleased to announce that it has received the regulatory approvals necessary to proceed with its previously announced debt settlement transaction involving the exchange of $500,000 of liabilities due to certain members of management for, among other things, the Company's interest in its Brazilian subsidiary, Magellan Minerais Prospeccao Geologica Ltda. ("Magellan Brazil". Magellan's primary property, Coringa, and the adjacent Mato Velho project are held by its subsidiary, Chapleau Exploracao Mineral Ltda., and are not affected by the proposed transfer.
MNM.VN: 0.075 (-0.005)
Magellan Completes US$855,000 Payment to Troy
Marketwire Canada - Tue Mar 15, 12:38PM CDT
Magellan Minerals Ltd. (TSX VENTURE:MNM) ("Magellan" is pleased to announce that it has paid the US$855,000 to ASX listed Troy Resources Ltd. ("Troy" relating to the purchase of Troy's gold processing plant and related assets that was due on March 15, 2016. The payment was funded by a secured convertible debenture provided by Anfield Nickel Corp. ("Anfield".
MNM.VN: 0.075 (-0.005)
Magellan Negotiates Additional Convertible Debenture Financing for $1,675,000
Marketwired - Wed Mar 09, 6:27PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan" is pleased to announce that it has arranged for an additional convertible debenture financing with Anfield Nickel Corp. ("Anfield" pursuant to which Anfield has agreed to subscribe for a secured convertible debenture in the principal amount of C$1,675,000 (the "Debenture" from Magellan. The Debenture bears interest at the rate of 8% per annum and will mature 30 days following closing of Magellan's previously announced transaction with Anfield whereby Anfield will acquire Magellan by way of a plan of arrangement. The principal amount of the Debenture is convertible into Magellan shares at any time at the option of Anfield at a conversion price of C$0.06 per share. Accrued interest is convertible into Magellan shares at the market price of Magellan's shares at the time the interest becomes payable. The Debenture and any shares acquired on conversion of the Debenture will be subject to a four-month hold period.
MNM.VN: 0.075 (-0.005)
Anfield Announces $1,950,000 Loan From Kestrel Holdings and Directors
Marketwired - Wed Mar 09, 1:34PM CST
Anfield Nickel Corp. ("Anfield" (TSX VENTURE: ANF) announces that it will be receiving loans in the aggregate amount of Cdn $1,950,000 from Kestrel Holdings Ltd. and two of its directors (the "Lenders". The loans accrue interest at a rate of 12% per annum, and will be compounded yearly and not in advance. The loans will be repayable on or before the earlier of June 30, 2016, or two business days after the date on which Anfield undertakes any equity financing by way of private placement of shares. The loan cannot be converted into, exchanged for or otherwise modified to create any obligation on Anfield to issue, directly or indirectly, any equity or voting securities of Anfield or any subsidiary of Anfield, including with respect to the repayment of either principal or interest accruing in respect of the loan. Subject to receipt of approval from the TSX Venture Exchange, Anfield will also be issuing an aggregate of 2,599,999 non-transferable common share purchase warrants (the "Warrants" to the Lenders. Each Warrant will be exercisable for one common share of Anfield at a price of $0.75 per common share, and will expire one year from the date of issuance.
ANF.VN: 1.330 (+0.010)
Magellan Makes US$500,000 Troy Payment
Marketwired - Tue Jan 19, 5:34PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan" is pleased to announce that it has paid the US$500,000 to ASX listed Troy Resources Ltd. ("Troy" relating to the purchase of Troy's gold processing plant and related assets that was due on December 31, 2015. The payment was funded, in part, by advances and a convertible loan provided by two directors of the Company.
MNM.VN: 0.075 (-0.005)
Magellan Extends Troy Agreement; Ken Nilsson Joins Magellan Board of Directors
Marketwired - Thu Dec 17, 7:22PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan" is pleased to announce that Troy Resources Ltd. ("Troy" has granted Magellan an extension to the agreement announced on August 26, 2015. Separately, Mr. Ken Nilsson has agreed to join Magellan's Board of Directors.
MNM.VN: 0.075 (-0.005)
Magellan Enters Into Debt Settlement Agreement With Management
Marketwired - Thu Dec 03, 5:01AM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan" is pleased to announce that it has entered into a comprehensive debt settlement agreement with its management group.
MNM.VN: 0.075 (-0.005)
Magellan Closes $355,000 Non-Brokered Private Placement
Marketwired - Wed Nov 25, 5:01AM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan" is pleased to announce that it has completed a non-brokered private placement financing of 7,100,000 units (the "Units" of the Company at a price of $0.05 per Unit, for gross proceeds of $355,000. Each Unit consists of one common share and one non-transferable share purchase warrant. Each warrant is exercisable into one additional common share at a price of $0.10 per common share until May 25, 2017.
MNM.VN: 0.075 (-0.005)
Magellan Closes $1,000,000 of Non-Brokered Private Placement and Expands Offering to $1,360,000
Marketwired - Tue Nov 17, 6:27PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan" is pleased to announce that it has completed a non-brokered private placement financing of 19,948,776 units (the "Units" of the Company at a price of $0.05 per Unit, for gross proceeds of $997,439. Each Unit consists of one common share and one non-transferable share purchase warrant. Each warrant is exercisable into one additional common share at a price of $0.10 per common share until May 9, 2017.
MNM.VN: 0.075 (-0.005)
Anfield Nickel Corp. Completes Acquisition of Magellan Minerals Ltd.
Marketwired - Mon May 09, 7:02AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 9, 2016) - Anfield Nickel Corp. ("Anfield"
(TSX VENTURE:ANF) and Magellan Minerals Ltd. ("Magellan" (TSX VENTURE:MNM) today completed the previously announced plan of arrangement (the "Arrangement" under the Business Corporations Act (British Columbia) whereby Anfield acquired all of the issued and outstanding securities of Magellan. ANF.VN: 1.330 (+0.010), MNM.VN: 0.075 (-0.005)
IIROC Trade Halt - Magellan Minerals Ltd.
Newsfile Corp - Fri May 06, 6:58AM CDT
The following issues have been halted by IIROC:
Magellan Securityholders Approve Business Combination With Anfield Nickel Corp.
Marketwired - Mon May 02, 8:01AM CDT
Magellan Minerals Ltd. (TSX VENTURE: MNM) (the "Company" or "Magellan"
is pleased to announce that shareholders, optionholders and warrantholders of Magellan (together, the "Securityholders" have approved the previously announced business combination with Anfield Nickel Corp. ("Anfield", to be completed by way of a plan of arrangement (the "Arrangement", at a special meeting held on April 28, 2016. Under the terms of the Arrangement, Anfield will acquire all the issued and outstanding common shares of Magellan in exchange for 0.0863 of a common share of Anfield for each Magellan Share held. MNM.VN: 0.075 (-0.005)
Magellan Minerals Ltd. Announces Settlement of Certain Debts and Resignation of Director
Marketwire Canada - Wed Apr 20, 11:57AM CDT
Magellan Minerals Ltd. (TSX VENTURE:MNM) (the "Company"
is pleased to announce that it has received the regulatory approvals necessary to proceed with its previously announced debt settlement transaction involving the exchange of $500,000 of liabilities due to certain members of management for, among other things, the Company's interest in its Brazilian subsidiary, Magellan Minerais Prospeccao Geologica Ltda. ("Magellan Brazil". Magellan's primary property, Coringa, and the adjacent Mato Velho project are held by its subsidiary, Chapleau Exploracao Mineral Ltda., and are not affected by the proposed transfer. MNM.VN: 0.075 (-0.005)
Magellan Completes US$855,000 Payment to Troy
Marketwire Canada - Tue Mar 15, 12:38PM CDT
Magellan Minerals Ltd. (TSX VENTURE:MNM) ("Magellan"
is pleased to announce that it has paid the US$855,000 to ASX listed Troy Resources Ltd. ("Troy" relating to the purchase of Troy's gold processing plant and related assets that was due on March 15, 2016. The payment was funded by a secured convertible debenture provided by Anfield Nickel Corp. ("Anfield". MNM.VN: 0.075 (-0.005)
Magellan Negotiates Additional Convertible Debenture Financing for $1,675,000
Marketwired - Wed Mar 09, 6:27PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan"
is pleased to announce that it has arranged for an additional convertible debenture financing with Anfield Nickel Corp. ("Anfield" pursuant to which Anfield has agreed to subscribe for a secured convertible debenture in the principal amount of C$1,675,000 (the "Debenture" from Magellan. The Debenture bears interest at the rate of 8% per annum and will mature 30 days following closing of Magellan's previously announced transaction with Anfield whereby Anfield will acquire Magellan by way of a plan of arrangement. The principal amount of the Debenture is convertible into Magellan shares at any time at the option of Anfield at a conversion price of C$0.06 per share. Accrued interest is convertible into Magellan shares at the market price of Magellan's shares at the time the interest becomes payable. The Debenture and any shares acquired on conversion of the Debenture will be subject to a four-month hold period. MNM.VN: 0.075 (-0.005)
Anfield Announces $1,950,000 Loan From Kestrel Holdings and Directors
Marketwired - Wed Mar 09, 1:34PM CST
Anfield Nickel Corp. ("Anfield"
(TSX VENTURE: ANF) announces that it will be receiving loans in the aggregate amount of Cdn $1,950,000 from Kestrel Holdings Ltd. and two of its directors (the "Lenders". The loans accrue interest at a rate of 12% per annum, and will be compounded yearly and not in advance. The loans will be repayable on or before the earlier of June 30, 2016, or two business days after the date on which Anfield undertakes any equity financing by way of private placement of shares. The loan cannot be converted into, exchanged for or otherwise modified to create any obligation on Anfield to issue, directly or indirectly, any equity or voting securities of Anfield or any subsidiary of Anfield, including with respect to the repayment of either principal or interest accruing in respect of the loan. Subject to receipt of approval from the TSX Venture Exchange, Anfield will also be issuing an aggregate of 2,599,999 non-transferable common share purchase warrants (the "Warrants" to the Lenders. Each Warrant will be exercisable for one common share of Anfield at a price of $0.75 per common share, and will expire one year from the date of issuance. ANF.VN: 1.330 (+0.010)
Magellan Makes US$500,000 Troy Payment
Marketwired - Tue Jan 19, 5:34PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan"
is pleased to announce that it has paid the US$500,000 to ASX listed Troy Resources Ltd. ("Troy" relating to the purchase of Troy's gold processing plant and related assets that was due on December 31, 2015. The payment was funded, in part, by advances and a convertible loan provided by two directors of the Company. MNM.VN: 0.075 (-0.005)
Magellan Extends Troy Agreement; Ken Nilsson Joins Magellan Board of Directors
Marketwired - Thu Dec 17, 7:22PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan"
is pleased to announce that Troy Resources Ltd. ("Troy" has granted Magellan an extension to the agreement announced on August 26, 2015. Separately, Mr. Ken Nilsson has agreed to join Magellan's Board of Directors. MNM.VN: 0.075 (-0.005)
Magellan Enters Into Debt Settlement Agreement With Management
Marketwired - Thu Dec 03, 5:01AM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan"
is pleased to announce that it has entered into a comprehensive debt settlement agreement with its management group. MNM.VN: 0.075 (-0.005)
Magellan Closes $355,000 Non-Brokered Private Placement
Marketwired - Wed Nov 25, 5:01AM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan"
is pleased to announce that it has completed a non-brokered private placement financing of 7,100,000 units (the "Units" of the Company at a price of $0.05 per Unit, for gross proceeds of $355,000. Each Unit consists of one common share and one non-transferable share purchase warrant. Each warrant is exercisable into one additional common share at a price of $0.10 per common share until May 25, 2017. MNM.VN: 0.075 (-0.005)
Magellan Closes $1,000,000 of Non-Brokered Private Placement and Expands Offering to $1,360,000
Marketwired - Tue Nov 17, 6:27PM CST
Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan"
is pleased to announce that it has completed a non-brokered private placement financing of 19,948,776 units (the "Units" of the Company at a price of $0.05 per Unit, for gross proceeds of $997,439. Each Unit consists of one common share and one non-transferable share purchase warrant. Each warrant is exercisable into one additional common share at a price of $0.10 per common share until May 9, 2017. MNM.VN: 0.075 (-0.005)
