Macdonald Mines Exploration Ltd (MCDMF) 0.0100 $MCDMF
MacDonald Mines Announces Arrangement to Continue Exploration of Its VMS Properties
Marketwired - Mon Aug 08, 6:31AM CDT
TORONTO, ONTARIO--(Marketwired - Aug 8, 2016) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", "MacDonald" or the "Company"
is pleased to announce that the Company has signed a definitive agreement with Noront Resources (TSX VENTURE:NOT) ("Noront", subject to the approval of the TSX Venture Exchange, in which Noront will acquire a 75% interest in all of BMK's properties in the Ring of Fire district.
NOT.VN: 0.270 (-0.015), BMK.VN: 0.010 (unch)
MacDonald Mines Provides Update on Audit
Marketwired - Wed Dec 23, 4:01PM CST
MacDonald Mines Exploration Ltd. ("MacDonald Mines" or the "Company" (TSX VENTURE: BMK), further to its press release of September 4, 2015, has now been notified by the Canada Revenue Agency ("CRA" of its determination in respect of the audit (the "Audit" conducted by CRA of the Company's income tax returns for the period from January 1, 2010 to December 31, 2013 (the "Audit Period".
BMK.VN: 0.010 (unch)
MacDonald Mines Announces Audit
Marketwired - Fri Sep 04, 4:01PM CDT
MacDonald Mines Exploration Ltd. ("MacDonald Mines" or the "Company" (TSX VENTURE: BMK) wishes to disclose an ongoing audit by Canada Revenue Agency ("CRA".
BMK.VN: 0.010 (unch)
KWG to Issue Shares to MacDonald Mines for Hornby Acquisition
Marketwired - Fri Aug 21, 11:13AM CDT
KWG Resources Inc. (CSE: KWG)(FRANKFURT: KW6) ("KWG" announces that further to an agreement announced June 5, 2015, it will issue 4 million treasury shares at $0.025 to MacDonald Mines Exploration Ltd. to acquire the 5-claim Hornby Property. Under the terms of the agreement the vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property. KWG will also have the first right to buy the balance of the NSR at any time the holder proposes to sell it.
MacDonald Mines Exploration Announces Results from Its Annual General and Special Meeting of Shareholders and Meeting of the Board of Directors
Marketwired - Wed Jun 17, 3:02PM CDT
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) (the "Company" is pleased to report that a quorum was present at its Annual and Special Meeting of Shareholders (the "AGSM" held on June 15, 2015 at the Company's offices in Toronto, Ontario and that all resolutions put forth were passed.
BMK.VN: 0.010 (unch)
KWG Acquires Ring of Fire Claims From MacDonald Mines
Marketwired - Fri Jun 05, 1:01PM CDT
KWG Resources Inc. (CSE: KWG)(FRANKFURT: KW6) has agreed to acquire the 5-claim Hornby Property from MacDonald Mines Exploration Ltd. for 4 million treasury shares of KWG. The vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property. KWG will also have the first right to buy the balance of the NSR at any time the holder proposes to sell it.
MacDonald Mines Sells Its Hornby Property
Marketwired - Fri Jun 05, 1:01PM CDT
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) ("MacDonald Mines" or the "Company" announces that effective June 5, 2015, it entered into a Mineral Property Acquisition Agreement with KWG Resources Inc ("KWG" to sell the mineral claims known as the Hornby Property, located 80 kilometres southeast of Webequie Ontario. The Hornby Property is comprised of five claims totaling about 15.7 square kilometres and is adjacent to the Big Daddy Chromite Discovery.
BMK.VN: 0.010 (unch)
MacDonald Mines Proposes Share Consolidation
Marketwired - Tue May 19, 5:01AM CDT
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) ("MacDonald" or the "Company" announces that its shareholders will be asked to approve a potential share consolidation arrangement (the "Consolidation" of the Company's issued and outstanding Class A common shares (the "Shares" at its upcoming annual meeting of shareholders to be held on June 15, 2015. Management of the Company will put two separate resolutions forward with respect to consolidating the Shares; the first such resolution will seek approval to consolidate the Shares on either a 1:2, 1:3, 1:4 or 1:5 basis (the "First Consolidation Proposal" while the second consolidation resolution will seek approval to consolidate the Shares on either a 1:6, 1:7, 1:8, 1:9 or 1:10 basis (the "Second Consolidation Proposal". Each of the resolutions will provide the Board of Directors (the "Board" with the discretion to determine the actual consolidation basis within the range of bases to be approved. However, even if both resolutions are approved, no more than one consolidation will take place - there will be no successive consolidations without the further approval of the shareholders. Furthermore, approval of either the First Consolidation Proposal or the Second Consolidation Proposal does not mean that a Share consolidation will occur, as the Board will have the discretion not to proceed with any Share consolidation if it is deemed to be in the best interests of the Company not to do so.
BMK.VN: 0.010 (unch)
MacDonald Mines Announces Arrangement to Continue Exploration of Its VMS Properties
Marketwired - Mon Aug 08, 6:31AM CDT
TORONTO, ONTARIO--(Marketwired - Aug 8, 2016) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", "MacDonald" or the "Company"
is pleased to announce that the Company has signed a definitive agreement with Noront Resources (TSX VENTURE:NOT) ("Noront", subject to the approval of the TSX Venture Exchange, in which Noront will acquire a 75% interest in all of BMK's properties in the Ring of Fire district. NOT.VN: 0.270 (-0.015), BMK.VN: 0.010 (unch)
MacDonald Mines Provides Update on Audit
Marketwired - Wed Dec 23, 4:01PM CST
MacDonald Mines Exploration Ltd. ("MacDonald Mines" or the "Company"
(TSX VENTURE: BMK), further to its press release of September 4, 2015, has now been notified by the Canada Revenue Agency ("CRA" of its determination in respect of the audit (the "Audit" conducted by CRA of the Company's income tax returns for the period from January 1, 2010 to December 31, 2013 (the "Audit Period". BMK.VN: 0.010 (unch)
MacDonald Mines Announces Audit
Marketwired - Fri Sep 04, 4:01PM CDT
MacDonald Mines Exploration Ltd. ("MacDonald Mines" or the "Company"
(TSX VENTURE: BMK) wishes to disclose an ongoing audit by Canada Revenue Agency ("CRA". BMK.VN: 0.010 (unch)
KWG to Issue Shares to MacDonald Mines for Hornby Acquisition
Marketwired - Fri Aug 21, 11:13AM CDT
KWG Resources Inc. (CSE: KWG)(FRANKFURT: KW6) ("KWG"
announces that further to an agreement announced June 5, 2015, it will issue 4 million treasury shares at $0.025 to MacDonald Mines Exploration Ltd. to acquire the 5-claim Hornby Property. Under the terms of the agreement the vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property. KWG will also have the first right to buy the balance of the NSR at any time the holder proposes to sell it. MacDonald Mines Exploration Announces Results from Its Annual General and Special Meeting of Shareholders and Meeting of the Board of Directors
Marketwired - Wed Jun 17, 3:02PM CDT
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) (the "Company"
is pleased to report that a quorum was present at its Annual and Special Meeting of Shareholders (the "AGSM" held on June 15, 2015 at the Company's offices in Toronto, Ontario and that all resolutions put forth were passed. BMK.VN: 0.010 (unch)
KWG Acquires Ring of Fire Claims From MacDonald Mines
Marketwired - Fri Jun 05, 1:01PM CDT
KWG Resources Inc. (CSE: KWG)(FRANKFURT: KW6) has agreed to acquire the 5-claim Hornby Property from MacDonald Mines Exploration Ltd. for 4 million treasury shares of KWG. The vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property. KWG will also have the first right to buy the balance of the NSR at any time the holder proposes to sell it.
MacDonald Mines Sells Its Hornby Property
Marketwired - Fri Jun 05, 1:01PM CDT
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) ("MacDonald Mines" or the "Company"
announces that effective June 5, 2015, it entered into a Mineral Property Acquisition Agreement with KWG Resources Inc ("KWG" to sell the mineral claims known as the Hornby Property, located 80 kilometres southeast of Webequie Ontario. The Hornby Property is comprised of five claims totaling about 15.7 square kilometres and is adjacent to the Big Daddy Chromite Discovery. BMK.VN: 0.010 (unch)
MacDonald Mines Proposes Share Consolidation
Marketwired - Tue May 19, 5:01AM CDT
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) ("MacDonald" or the "Company"
announces that its shareholders will be asked to approve a potential share consolidation arrangement (the "Consolidation" of the Company's issued and outstanding Class A common shares (the "Shares" at its upcoming annual meeting of shareholders to be held on June 15, 2015. Management of the Company will put two separate resolutions forward with respect to consolidating the Shares; the first such resolution will seek approval to consolidate the Shares on either a 1:2, 1:3, 1:4 or 1:5 basis (the "First Consolidation Proposal" while the second consolidation resolution will seek approval to consolidate the Shares on either a 1:6, 1:7, 1:8, 1:9 or 1:10 basis (the "Second Consolidation Proposal". Each of the resolutions will provide the Board of Directors (the "Board" with the discretion to determine the actual consolidation basis within the range of bases to be approved. However, even if both resolutions are approved, no more than one consolidation will take place - there will be no successive consolidations without the further approval of the shareholders. Furthermore, approval of either the First Consolidation Proposal or the Second Consolidation Proposal does not mean that a Share consolidation will occur, as the Board will have the discretion not to proceed with any Share consolidation if it is deemed to be in the best interests of the Company not to do so. BMK.VN: 0.010 (unch)
