Pacific Bay Minerals (PBMFF) 0.0328 $PBMFF Paci
Post# of 273242
Pacific Bay Joint Venture Sells 18.3 Tonnes of BC Jade
ACCESSWIRE - Mon May 02, 8:11AM CDT
VANCOUVER, BC / ACCESSWIRE / May 2, 2016 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company" reports that so far, 18.3 tonnes of the 56.7 tonnes mined by the Company's joint venture partner Dease Lake Jade Mine Ltd. ("DLJ" during the 2015 mining season. A total of 6 boulders have sold, two in Canada and four in China under the previously announced consignment agreement. Realized prices have ranged from Canadian $13 - $73 per kilogram. Under the terms of the joint venture, Pacific Bay owns 50% of the produced jade. Pacific Bay has received cash payments of $80,000 from DLJ so far, and further payments from the current sales proceeds are expected soon.
PBM.VN: 0.040 (-0.010)
Pacific Bay Closes $500,000 Private Placement BC Jade Mining and Production Underway
ACCESSWIRE - Mon Aug 24, 8:06AM CDT
VANCOUVER, BC / ACCESSWIRE / August 24, 2015 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company" reports that the Company has closed a $500,000 private placement consisting of 10,000,000 common shares at $0.05 per share with one investor.
PBM.VN: 0.040 (-0.010)
Pacific Bay Signs Jade Mining Agreement, $500,000 Financing Arranged, Appointment of Director
ACCESSWIRE - Thu Jul 16, 8:22AM CDT
VANCOUVER, BC / ACCESSWIRE / July 16, 2015 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company" reports that the Company has signed a Joint Venture Agreement with Dease Lake Jade Mine Ltd. ("Dease Lake Jade" whereby Pacific Bay will advance $500,000 to fund and participate on a 50/50 basis in the 2015 proceeds of jade mining operations on claims owned by Dease Lake Jade in Northern British Columbia (the "JV". In connection with the JV, the Company has arranged a $500,000 private placement of 10,000,000 common shares at $0.05 per share with one investor, a BC corporation owned by Alan Qiao and Jun Qiao (the "Financing". Both the JV and the Financing are subject to TSX Venture Exchange acceptance. The Financing will also be subject to shareholder approval as the issuance of the shares would effect a change of control of the Company. The Company intends to seek shareholder approval by consent in writing from shareholders holding greater than 50% of the outstanding shares.
PBM.VN: 0.040 (-0.010)
Pacific Bay Investor Update
ACCESSWIRE - Wed May 20, 7:02PM CDT
VANCOUVER, BC / ACCESSWIRE / May 20, 2015 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) (the "Company" reports that the Company will shortly be reinstated for trading on the TSX Venture Exchange. A review of the Company's disclosures by the TSX Venture reviewed that the following updates are required.
PBM.VN: 0.040 (-0.010)