First Bauxite Corp (FIBCF) 0.0322 $FIBCF First
Post# of 273242
First Bauxite Corporation Announces Filing of Quarterly Financial Statements and MD&A
Marketwired - Tue Aug 30, 9:27AM CDT
TORONTO, ONTARIO--(Marketwired - Aug 30, 2016) - First Bauxite Corporation ("First Bauxite" or the "Company" (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI) is pleased to announce that it has filed its unaudited quarterly financial statements and management's discussion and analysis for the period ended June 30, 2016. 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: 0.050 (-0.005)
First Bauxite Corporation Completes Mining of Bulk Sample Pit at Bonasika
Marketwired - Mon May 02, 4:13PM CDT
First Bauxite Corporation ("First Bauxite" or the "Company" (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that it has completed a bulk sample test pit programme at its Bonasika 7 bauxite deposit.
FBX.VN: 0.050 (-0.005)
First Bauxite Corporation Announces Filing of Year-End Financial Statements and MD&A
Marketwired - Thu Apr 28, 4:29PM 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 audited year-end financial statements and management's discussion and analysis for the 15 months ended December 31, 2015. 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: 0.050 (-0.005)
First Bauxite Announces Extension Agreement With Note Holders and RCF VI re Roll-Over of Debt and Issuance of US$11 Million Note
Marketwired - Tue Jan 19, 1:37PM CST
First Bauxite Corporation (the "Company" (TSX VENTURE: FBX) is pleased to announce that it has entered into an extension agreement with its note holders to extend from January 19, 2016 to February 29, 2016 the maturity date in all the outstanding notes issued by the Company to the Pacific Road Resources Funds and Resource Capital Fund V L.P. The Company also agreed to revise the Tranche 2 Purchase Date to February 29, 2016 in the note purchase agreement dated October 30, 2015 between the Company and Resource Capital Fund VI L.P. related to the 8% interest bearing convertible note issuable to RCF VI in the principal amount of US$11,000,000.
FBX.VN: 0.050 (-0.005)
First Bauxite Corporation Announces Issuance of Stock Options
Marketwire Canada - Mon Jan 11, 11:33AM CST
First Bauxite Corporation (the "Company" (TSX VENTURE:FBX) is pleased to announce that it has granted incentive stock options for the purchase of up to an aggregate of 4,100,000 common shares of the Company at an exercise price of $0.10 for a five-year period to certain directors and an officer of the Company.
FBX.VN: 0.050 (-0.005)
First Bauxite Corporation Appoints New Chief Financial Officer
Marketwired - Wed Dec 23, 8:26AM CST
First Bauxite Corporation ("FBX" or the "Company" (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce the appointment of Mr. William White as the Company's Chief Financial Officer to replace Mr. Daniel Crandall effective January 1, 2016. Bill brings over 25 years of experience in accounting and finance. Bill previously served as the CFO of U.S. Silica Company, including during its initial public offering in 2012, and is a Certified Public Accountant (inactive).
FBX.VN: 0.050 (-0.005)
First Bauxite Corporation Receives Mining Licence Extension
Marketwired - Tue Dec 08, 4:01PM CST
First Bauxite Corporation ("First Bauxite" or the "Company" (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that the Government of Guyana ("GoG" has granted a two year extension to the construction commencement date under the Bonasika Mining Licence ("BML" from January 31, 2016 to January 31, 2018. In addition, the GoG may grant a further one year extension to January 31, 2019 if it is satisfied after a review of the performance and financial standing of the Company that such an extension has merit. The Company will now discuss with the GoG specific modifications that are required to the Mineral Agreement, BML and Environmental Permit to reflect the new Bonasika Ceramic Proppant Project ("Bonasika Project" scope.
FBX.VN: 0.050 (-0.005)
First Bauxite Corporation Announces Non-Brokered Private Placement and Rollover of Existing Debt
Marketwired - Fri Oct 30, 4:27PM CDT
First Bauxite Corporation ("First Bauxite" or the "Company" (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce a non-brokered private placement (the "Private Placement" to Resource Capital Fund VI L.P. ("RCF" of an aggregate of US$15 million principal amount secured convertible notes bearing 8% interest and maturing August 1, 2017 (the "Notes" to close in two tranches, the first of which closed today with the issuance of a US$4 million Note. The principal amount of the Notes will be convertible at the option of RCF into common shares of the Company at CAD$0.05698 per share for a period of one year from the date of issuance and CAD$0.10 per share thereafter (the "Conversion Price", while interest outstanding on the converted amount may, at RCF's election, be settled by the issue of Company shares at the Market Price (as defined by the TSX Venture Exchange (the "TSXV" of such shares at the time of settlement). The Company may prepay the principal amount of the Notes in shares valued at the Conversion Price if the volume weighted average trading price of the Company's shares exceeds 200% of the conversion price 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.
FBX.VN: 0.050 (-0.005)
Resource Capital Fund VI L.P. Enters into Loan Facility and Resource Capital Fund V L.P. Replaces Outstanding Notes of First Bauxite Corporation
CNW Group - Fri Oct 30, 4:06PM CDT
Resource Capital Fund VI L.P. ("RCF VI" 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$15,000,000, made available in two tranches for US$4,000,000 and US$11,000,000 (the "Private Placement", pursuant to a note purchase agreement between RCF VI and the Company dated as of October 30, 2015 (the "Note Purchase Agreement". Under the terms of the Note Purchase Agreement, upon closing of the first tranche the Company will issue to RCF VI a convertible note in the aggregate principal amount of US$4,000,000 (the "$4 Million Note". Upon closing of the second tranche, the Company will issue to RCF VI a convertible note in the aggregate principal amount of US$11,000,000 (collectively with the $4 Million Note, the "Notes". As of the date hereof, RCF VI has been issued the $4 Million Note by the Company. RCF VI intends to the close the second tranche of the Private Placement on or before January 19, 2016.
Pacific Road Resources Funds Announce Agreement to Extend and Replace Outstanding Notes of First Bauxite Corporation
Marketwired - Fri Oct 30, 4:00PM CDT
The Pacific Road Resources Funds ("PRRF" announce that PRRF has entered into an amending agreement with First Bauxite Corporation (the "Company", pursuant to which PRRF agreed, subject to the satisfaction of certain conditions, to exchange, on the maturity date of its current interest-bearing promissory notes ("Existing Notes", being January 19, 2016 (the "Existing Maturity Date", its Existing Notes for promissory notes having a principal amount equal to the aggregate principal amount of the Existing Notes plus accrued but unpaid interest (the "Replacement Notes". The Replacement Notes will mature on August 1, 2017 and bear interest at an annual rate of 8% (compounded quarterly and payable on maturity) and be convertible into common shares of the Company ("Common Shares" at a conversion price of C$0.05698 per Common Share for the first year of the term of the Replacement Notes and C$0.10 per Common Share thereafter, subject to adjustment. Interest on the notes may, at the election of PRRF, be paid in Common Shares at the then-current market price of the Common Shares.