Reservoir Minerals I (RVRLF) 7.0800 $RVRLF
Reservoir Announces Securityholder Approval of Plan of Arrangement With Nevsun Resources
Marketwired - Fri Jun 17, 1:05PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company"
(TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) is pleased to announce that at a special meeting held today, Reservoir shareholders and optionholders approved the previously announced Plan of Arrangement ("Arrangement" with Nevsun Resources Ltd. ("Nevsun". On closing of the Arrangement, all of Reservoir's issued and outstanding common shares will be exchanged on the basis of two Nevsun common shares (the "Consideration Shares" and C$2.00 in cash per Reservoir common share.
RMC.VN: 9.230 (-0.150)
Mega Profit Acquires Shares of Reservoir Minerals Inc.
Marketwired - Wed Jun 15, 8:17AM CDT
SHANDONG, CHINA--(Marketwired - Jun 15, 2016) - Mega Profit Worldwide Limited ("Mega Profit", an affiliate of Shandong Xiangguang Group Co., Ltd. ("XGC", acquired ownership of 2,178,800 common shares of Reservoir Minerals Inc. ("Reservoir" (TSX VENTURE:RMC) on June 14, 2016 through the alternative trading facilities of Chi-X Canada representing approximately 3.5% of the 60,905,093 issued and outstanding common shares of Reservoir (the "Common Shares". The securities were acquired at a weighted average price per common share of Cdn$8.76.
RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
Reservoir Reminds Shareholders to Vote Now FOR the Strategic Combination
Marketwire Canada - Mon Jun 13, 9:38AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 13, 2016) - Reservoir Minerals Inc. (TSX VENTURE:RMC) ("Reservoir" today reminded Reservoir shareholders to vote FOR the strategic US$1.1 billion combination of Reservoir and Nevsun Resources Ltd. ("Nevsun" (the "Arrangement" in order to ensure Reservoir shareholders receive a premium price for their shares and participate in the long term growth of the combined company and the Timok copper and gold project.
RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
XGC rejects Nevsun's criticisms of its financing offer to Reservoir Minerals Inc. and urges Reservoir Minerals shareholders to vote against Nevsun's significantly dilutive merger proposal
CNW Group - Thu Jun 09, 7:15AM CDT
Shandong Xiangguang Group Co., Ltd ("XGC' wishes, in light of the disingenuous press release by Nevsun Resources Ltd ("Nevsun" yesterday, to clarify certain key points of its financing proposal to Reservoir Minerals Inc ("Reservoir', and to reiterate its stance against the merger proposal made by Nevsun for Reservoir.
Jing Bao responds to ill conceived Nevsun press release and calls upon all Reservoir Minerals shareholders to vote against the proposed arrangement with Nevsun
CNW Group - Thu Jun 09, 7:00AM CDT
Jing Bao (Asia) Ltd. ("Jing Bao" is issuing this press release in response to the most extraordinary, ill conceived and erroneous press release by Nevsun Resources Ltd. ("Nevsun" yesterday with regard to Jing Bao's opposition regarding Nevsun's proposed transaction with Reservoir Minerals Inc. ("Reservoir Minerals".
Nevsun Dismisses Baseless Criticisms of Dissident Shareholders and Cautions That Reservoir Could Lose Timok Under Alternative Financing Terms
PR Newswire - Wed Jun 08, 9:40AM CDT
Nevsun Urges Reservoir Minerals Shareholders to Vote for Strategic Combination
NSU.TO: 3.95 (-0.13), NSU: 3.06 (-0.09)
Reservoir Minerals Reminds Shareholders to Vote in Favour of Strategic Combination With Nevsun Resources
Marketwire Canada - Tue Jun 07, 5:21PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 7, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company" (TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE), reiterates the premium value of the Arrangement Agreement (the "Arrangement" it has entered into with Nevsun Resources Ltd. ("Nevsun" (TSX:NSU)(NYSE MKT:NSU). Following the completion of the Arrangement the pro-forma company will have over US$300 million in cash to fund the development of Timok, as well as ongoing cash flow generated by Nevsun's 60%-owned Bisha mine, a high grade mine which generated US$120 million of operating cash flow in 2015.
NSU.TO: 3.95 (-0.13), RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
Nevsun Advises that ISS and Glass Lewis Recommend Shareholders Vote FOR Business Combination with Reservoir Minerals
PR Newswire - Fri Jun 03, 6:38PM CDT
Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (the "Company" or "Nevsun" announces that ISS Proxy Advisory Services ("ISS" and Glass, Lewis & Co. ("Glass Lewis", two leading independent proxy advisory firms, have recommended that the Company's shareholders vote FOR the Plan of Arrangement through which the Company will acquire all of the issued and outstanding common shares of Reservoir Minerals (the "Transaction". In their assessment of the Transaction, both ISS and Glass Lewis identified the reasonable strategic rationale, deployment of cash to the expected high return Timok copper-gold project and the upside from having Freeport as an on-going JV partner as factors supporting a FOR recommendation.
NSU.TO: 3.95 (-0.13), NSU: 3.06 (-0.09)
Independent Proxy Advisory Firms Recommend that Shareholders Vote for Business Combination with Nevsun Resources
Marketwire Canada - Fri Jun 03, 5:04PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 3, 2016) - Reservoir Minerals Inc. (TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) ("Reservoir" or the "Company", advises that a public dissemination has been made under National Instrument 51-102 that communicates opposition to the proposed combination with Nevsun Resources Ltd. ("Nevsun".
RMC.VN: 9.230 (-0.150)
Reservoir Advises Mailing and Filing of the Information Circular and Proxy Materials Security Holders Are Recommended to Vote For the Transaction With Nevsun
Marketwired - Fri May 27, 11:21AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company" (TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE), is pleased to advise that the Management Information Circular (the "Information Circular" relating to the arrangement agreement between Reservoir and Nevsun Resources Ltd. ("Nevsun" whereby Reservoir and Nevsun will combine their respective companies (the "Arrangement" announced, on April 24th, 2016, has been mailed and filed on SEDAR. Reservoir shareholders and optionholders ("Reservoir Securityholders" as of the record date, May 11th, 2016, are entitled and will receive copy of the Information Circular and form of proxy in short order.
RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
Reservoir Announces Filing of PEA for the Timok JV and Cukaru Peki Deposit in Serbia
Marketwire Canada - Thu May 19, 4:43PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company" (TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) is pleased to announce the filing of a Preliminary Economic Assessment ("PEA" prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101" on the Company's Timok JV Project and Cukaru Peki deposit ("Cukaru Peki" in Serbia. The Cukaru Peki PEA is entitled "NI43-101 Preliminary Economic Assessment of the Cukaru Peki Upper Zone Deposit, Serbia, March 2016" and is dated effective March 31, 2016 (the "Technical Report". The Technical Report, the results of which were previously announced in the Company's news release dated April 19, 2016, was prepared by SRK Consulting (UK) Limited and is available today under Reservoir's profile on SEDAR, at www.sedar.com, and on Reservoir's website at www.reservoirminerals.com.
RMC.VN: 9.230 (-0.150)
Nevsun Reports That Reservoir Minerals Has Closed the Right of First Offer on the Timok Copper Project
PR Newswire - Tue May 03, 10:15AM CDT
Nevsun Resources Ltd. ("Nevsun" (TSX: NSU, NYSE: NSU) is pleased to announce that in connection with the proposed combination agreement between Nevsun and Reservoir Minerals Inc. ("Reservoir", as announced on April 24, 2016, Reservoir has closed the right of first offer ("ROFO" with Freeport International Holding (BVI) Inc. ("Freeport" on the Timok Copper-Gold Project. Closing the ROFO consolidates 100% ownership of the Upper Zone with Reservoir. Reservoir became the operator on the Timok Project concurrent with the exercise of the ROFO. Closing the US$135 million ROFO is the first step in the previously announced combination of Nevsun and Reservoir.
NSU.TO: 3.95 (-0.13), NSU: 3.06 (-0.09)
Reservoir Consolidates the Cukaru Peki Upper Zone Acquiring 55% Interest from Freeport
Marketwire Canada - Mon May 02, 7:17PM CDT
Reservoir Minerals Inc. ("Reservoir" or the "Company" (TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) is pleased to advise that it has exercised its Right of First Offer ("ROFO" with Freeport-McMoRan Exploration Corporation ("Freeport" to acquire Freeport's 55% interest in the Timok Project Upper Zone of the Cukaru Peki copper-gold deposit, and increase its interest in the Lower Zone, by payment of US$135 million to Freeport.
RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
Reservoir Announces Securityholder Approval of Plan of Arrangement With Nevsun Resources
Marketwired - Fri Jun 17, 1:05PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company"
(TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) is pleased to announce that at a special meeting held today, Reservoir shareholders and optionholders approved the previously announced Plan of Arrangement ("Arrangement" with Nevsun Resources Ltd. ("Nevsun". On closing of the Arrangement, all of Reservoir's issued and outstanding common shares will be exchanged on the basis of two Nevsun common shares (the "Consideration Shares" and C$2.00 in cash per Reservoir common share. RMC.VN: 9.230 (-0.150)
Mega Profit Acquires Shares of Reservoir Minerals Inc.
Marketwired - Wed Jun 15, 8:17AM CDT
SHANDONG, CHINA--(Marketwired - Jun 15, 2016) - Mega Profit Worldwide Limited ("Mega Profit"
, an affiliate of Shandong Xiangguang Group Co., Ltd. ("XGC", acquired ownership of 2,178,800 common shares of Reservoir Minerals Inc. ("Reservoir" (TSX VENTURE:RMC) on June 14, 2016 through the alternative trading facilities of Chi-X Canada representing approximately 3.5% of the 60,905,093 issued and outstanding common shares of Reservoir (the "Common Shares". The securities were acquired at a weighted average price per common share of Cdn$8.76. RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
Reservoir Reminds Shareholders to Vote Now FOR the Strategic Combination
Marketwire Canada - Mon Jun 13, 9:38AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 13, 2016) - Reservoir Minerals Inc. (TSX VENTURE:RMC) ("Reservoir"
today reminded Reservoir shareholders to vote FOR the strategic US$1.1 billion combination of Reservoir and Nevsun Resources Ltd. ("Nevsun" (the "Arrangement" in order to ensure Reservoir shareholders receive a premium price for their shares and participate in the long term growth of the combined company and the Timok copper and gold project. RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
XGC rejects Nevsun's criticisms of its financing offer to Reservoir Minerals Inc. and urges Reservoir Minerals shareholders to vote against Nevsun's significantly dilutive merger proposal
CNW Group - Thu Jun 09, 7:15AM CDT
Shandong Xiangguang Group Co., Ltd ("XGC'
wishes, in light of the disingenuous press release by Nevsun Resources Ltd ("Nevsun" yesterday, to clarify certain key points of its financing proposal to Reservoir Minerals Inc ("Reservoir', and to reiterate its stance against the merger proposal made by Nevsun for Reservoir. Jing Bao responds to ill conceived Nevsun press release and calls upon all Reservoir Minerals shareholders to vote against the proposed arrangement with Nevsun
CNW Group - Thu Jun 09, 7:00AM CDT
Jing Bao (Asia) Ltd. ("Jing Bao"
is issuing this press release in response to the most extraordinary, ill conceived and erroneous press release by Nevsun Resources Ltd. ("Nevsun" yesterday with regard to Jing Bao's opposition regarding Nevsun's proposed transaction with Reservoir Minerals Inc. ("Reservoir Minerals". Nevsun Dismisses Baseless Criticisms of Dissident Shareholders and Cautions That Reservoir Could Lose Timok Under Alternative Financing Terms
PR Newswire - Wed Jun 08, 9:40AM CDT
Nevsun Urges Reservoir Minerals Shareholders to Vote for Strategic Combination
NSU.TO: 3.95 (-0.13), NSU: 3.06 (-0.09)
Reservoir Minerals Reminds Shareholders to Vote in Favour of Strategic Combination With Nevsun Resources
Marketwire Canada - Tue Jun 07, 5:21PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 7, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company"
(TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE), reiterates the premium value of the Arrangement Agreement (the "Arrangement" it has entered into with Nevsun Resources Ltd. ("Nevsun" (TSX:NSU)(NYSE MKT:NSU). Following the completion of the Arrangement the pro-forma company will have over US$300 million in cash to fund the development of Timok, as well as ongoing cash flow generated by Nevsun's 60%-owned Bisha mine, a high grade mine which generated US$120 million of operating cash flow in 2015. NSU.TO: 3.95 (-0.13), RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
Nevsun Advises that ISS and Glass Lewis Recommend Shareholders Vote FOR Business Combination with Reservoir Minerals
PR Newswire - Fri Jun 03, 6:38PM CDT
Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (the "Company" or "Nevsun"
announces that ISS Proxy Advisory Services ("ISS" and Glass, Lewis & Co. ("Glass Lewis", two leading independent proxy advisory firms, have recommended that the Company's shareholders vote FOR the Plan of Arrangement through which the Company will acquire all of the issued and outstanding common shares of Reservoir Minerals (the "Transaction". In their assessment of the Transaction, both ISS and Glass Lewis identified the reasonable strategic rationale, deployment of cash to the expected high return Timok copper-gold project and the upside from having Freeport as an on-going JV partner as factors supporting a FOR recommendation. NSU.TO: 3.95 (-0.13), NSU: 3.06 (-0.09)
Independent Proxy Advisory Firms Recommend that Shareholders Vote for Business Combination with Nevsun Resources
Marketwire Canada - Fri Jun 03, 5:04PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 3, 2016) - Reservoir Minerals Inc. (TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) ("Reservoir" or the "Company"
, advises that a public dissemination has been made under National Instrument 51-102 that communicates opposition to the proposed combination with Nevsun Resources Ltd. ("Nevsun". RMC.VN: 9.230 (-0.150)
Reservoir Advises Mailing and Filing of the Information Circular and Proxy Materials Security Holders Are Recommended to Vote For the Transaction With Nevsun
Marketwired - Fri May 27, 11:21AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company"
(TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE), is pleased to advise that the Management Information Circular (the "Information Circular" relating to the arrangement agreement between Reservoir and Nevsun Resources Ltd. ("Nevsun" whereby Reservoir and Nevsun will combine their respective companies (the "Arrangement" announced, on April 24th, 2016, has been mailed and filed on SEDAR. Reservoir shareholders and optionholders ("Reservoir Securityholders" as of the record date, May 11th, 2016, are entitled and will receive copy of the Information Circular and form of proxy in short order. RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
Reservoir Announces Filing of PEA for the Timok JV and Cukaru Peki Deposit in Serbia
Marketwire Canada - Thu May 19, 4:43PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2016) - Reservoir Minerals Inc. ("Reservoir" or the "Company"
(TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) is pleased to announce the filing of a Preliminary Economic Assessment ("PEA" prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101" on the Company's Timok JV Project and Cukaru Peki deposit ("Cukaru Peki" in Serbia. The Cukaru Peki PEA is entitled "NI43-101 Preliminary Economic Assessment of the Cukaru Peki Upper Zone Deposit, Serbia, March 2016" and is dated effective March 31, 2016 (the "Technical Report". The Technical Report, the results of which were previously announced in the Company's news release dated April 19, 2016, was prepared by SRK Consulting (UK) Limited and is available today under Reservoir's profile on SEDAR, at www.sedar.com, and on Reservoir's website at www.reservoirminerals.com. RMC.VN: 9.230 (-0.150)
Nevsun Reports That Reservoir Minerals Has Closed the Right of First Offer on the Timok Copper Project
PR Newswire - Tue May 03, 10:15AM CDT
Nevsun Resources Ltd. ("Nevsun"
(TSX: NSU, NYSE: NSU) is pleased to announce that in connection with the proposed combination agreement between Nevsun and Reservoir Minerals Inc. ("Reservoir", as announced on April 24, 2016, Reservoir has closed the right of first offer ("ROFO" with Freeport International Holding (BVI) Inc. ("Freeport" on the Timok Copper-Gold Project. Closing the ROFO consolidates 100% ownership of the Upper Zone with Reservoir. Reservoir became the operator on the Timok Project concurrent with the exercise of the ROFO. Closing the US$135 million ROFO is the first step in the previously announced combination of Nevsun and Reservoir. NSU.TO: 3.95 (-0.13), NSU: 3.06 (-0.09)
Reservoir Consolidates the Cukaru Peki Upper Zone Acquiring 55% Interest from Freeport
Marketwire Canada - Mon May 02, 7:17PM CDT
Reservoir Minerals Inc. ("Reservoir" or the "Company"
(TSX VENTURE:RMC)(OTC PINK:RVRLF)(BERLIN:9RE) is pleased to advise that it has exercised its Right of First Offer ("ROFO" with Freeport-McMoRan Exploration Corporation ("Freeport" to acquire Freeport's 55% interest in the Timok Project Upper Zone of the Cukaru Peki copper-gold deposit, and increase its interest in the Lower Zone, by payment of US$135 million to Freeport. RMC.VN: 9.230 (-0.150), NSU: 3.06 (-0.09)
