Comstock Metals (CMMMF) 0.1990 $CMMMF
Comstock Announces Proposed Acquisition of Select Sands' Gold Assets
Marketwire Canada - Mon May 16, 7:31AM CDT
VANCOUVER, BC--(Marketwired - May 16, 2016) - Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock"
and Select Sands Corp. (TSX VENTURE: SNS) ("Select Sands" are pleased to announce that they have entered into a letter of intent in respect of a proposed purchase by Comstock of Select Sands' Preview SW gold project located in the La Ronge district of Saskatchewan and Select Sands' early-stage Old Cabin property in Ontario (together the "Assets". Under the terms of the letter of intent Comstock would acquire the Assets for 20 million post-consolidation common shares in the capital of Comstock and the assumption of certain liabilities associated with the Assets.
CSL.VN: 0.285 (+0.020), SNS.VN: 0.480 (+0.020)
Comstock Announces Dr. David A. Terry as President and CEO
Marketwire Canada - Mon Apr 25, 7:30AM CDT
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company" is pleased to announce that Dr. David A. Terry has joined the Company as President and CEO and Director, effective today.
CSL.VN: 0.285 (+0.020)
Comstock Appoints Ehsan Dana as President and CEO
Marketwired - Tue Feb 09, 7:58AM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company" is pleased to announce the appointment of Ehsan Dana as President, CEO and Director of the Company effective February 22nd, 2016. Mr. Dana will replace Rasool Mohammad who will assume the role of Chairman of the Board and will continue to help advance the Company's flagship gold project in the Yukon Territory and prospective uranium properties in the prolific Athabasca Basin of Saskatchewan.
TCK: 18.44 (+0.54), CSL.VN: 0.285 (+0.020)
Steven Goldman to Join Comstock Board
Marketwire Canada - Mon Feb 01, 1:42PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company" is pleased to announce the appointment of Steven H. Goldman to the Board of Directors. Steven H. Goldman is a senior partner in the Toronto law firm of Goldman Hine LLP. Before joining that firm, he successfully led the restructuring and turnaround of the Speedy Auto Service and Minute Muffler franchise systems as their President and CEO from December 2007 until December 2009. Mr. Goldman graduated from Carleton University in 1976 (BA, President's Medal) and from Queen's University in 1980 (LLB/JD). Mr. Goldman was called to the Bar in Ontario in 1982. He is a member of the Executive of the Ontario Bar Association, Franchise Section, the Law Society of Upper Canada, the American Bar Association Forum on Franchising, and the Institute of Corporate Directors. Mr. Goldman is currently a Director of Select Sands Corp. (trading on TSX.V as symbol SNS) and Tribute Pharmaceuticals Inc. (trading on the TSX.V as symbol TRX), as well as being a member of its audit and compensation committees. He is also a former Director of Alegro Health Corp.
CSL.VN: 0.285 (+0.020)
Comstock Announces Optioning Its Corona Property in Mexico
Marketwire Canada - Thu Jan 28, 6:08PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company" is pleased to announce that its joint venture ("JV" partner Golden Goliath Resources ("GNG" has confirmed that the Corona Gold-Silver Property in Mexico is one of seven mineral exploration properties in the Uruachic mining camp that have been optioned by Fresnillo PLC (See GNG December 7, 2015 News Release). The Company holds a 60% interest in the Corona Property through a Joint Venture with GNG and is entitled to a portion of the cash payments that will be made to GNG by Fresnillo PLC as per their option agreement ("GNG/Fresnillo Agreement". The portion of the payments specified in the GNG/Fresnillo Agreement that will be owed to the Company will be determined by a formula defined in the original JV agreement between GNG and CSL dated April 9, 2013. In order for Fresnillo to earn a 100% undivided interest (subject to a 1% net smelter royalty) in all seven of the Uruachi properties, Fresnillo PLC must make cash payments totaling US$3 million over 3 years, pay all mining rights and property taxes, and fund all assessment work required to keep the properties in good standing. Links to the related to the announcement of the GNG/Fresnillo Agreement are as follows;
CSL.VN: 0.285 (+0.020)
Comstock Metals Announces Darren Urquhart as New Chief Financial Officer
Marketwired - Sun Mar 22, 4:32PM CDT
Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or "the Company" is pleased to announce the appointment of Mr. Darren Urquhart as Chief Financial Officer (CFO) and a director of the Company. Mr. Urquhart is a Chartered Accountant (C.A.), and has been a Member of the Institute of Chartered Accountants of British Columbia since 2001. He also holds a Bachelor of Applied Science (B.A.Sc.) in Electrical Engineering from the University of British Columbia (UBC), Canada. Mr. Urquhart will be replacing Larry Johnson. The Company thanks Mr. Johnson for his services, as well as Jason Leikam and Gord Davidson who have resigned from the board of directors as well.
CSL.VN: 0.285 (+0.020)
Comstock Metals Announces Debt Settlement Agreement
Marketwired - Tue Dec 30, 3:48PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or "the Company" is pleased to announce that it intends to settle an aggregate of $484,000 of indebtedness through the issuance of an aggregate of 8,066,667 common shares at a deemed price of $0.06 per common share. The transaction remains subject to TSX Venture Exchange approval. All common shares issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of issuance.
CSL.VN: 0.285 (+0.020)
Comstock Metals Acquires Claims in Cree-Key Lake and Patterson Lake South Areas of Saskatchewan
Marketwired - Wed Nov 26, 1:03PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or "the Company" is pleased to announce that it has acquired by staking claims totalling 21,900 ha in the Cree-Key Lakes and Patterson South (PLS) area of Saskatchewan. Two claims totalling 2835 ha are in the PLS area, which is considered to be highly prospective for unconformity-related uranium mineralization due to the success of Fission and Nexgen Energy. Uranium mineralization at both Fission and Nexgen's properties is basement hosted and is considered to be an attractive target due to its shallower depth compared to many other unconformity related uranium deposits in the Athabasca Basin. Comstock Metals' properties in the PLS area are named PL Northeast and are contiguous to and along trend of the uranium mineralization discovered by the two companies above (see Comstock Presentation on Comstock Metals' website). The remaining claims are located southwest of the Key Lake deposit.
CSL.VN: 0.285 (+0.020)
Comstock Announces Proposed Acquisition of Select Sands' Gold Assets
Marketwire Canada - Mon May 16, 7:31AM CDT
VANCOUVER, BC--(Marketwired - May 16, 2016) - Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock"
and Select Sands Corp. (TSX VENTURE: SNS) ("Select Sands" are pleased to announce that they have entered into a letter of intent in respect of a proposed purchase by Comstock of Select Sands' Preview SW gold project located in the La Ronge district of Saskatchewan and Select Sands' early-stage Old Cabin property in Ontario (together the "Assets". Under the terms of the letter of intent Comstock would acquire the Assets for 20 million post-consolidation common shares in the capital of Comstock and the assumption of certain liabilities associated with the Assets. CSL.VN: 0.285 (+0.020), SNS.VN: 0.480 (+0.020)
Comstock Announces Dr. David A. Terry as President and CEO
Marketwire Canada - Mon Apr 25, 7:30AM CDT
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company"
is pleased to announce that Dr. David A. Terry has joined the Company as President and CEO and Director, effective today. CSL.VN: 0.285 (+0.020)
Comstock Appoints Ehsan Dana as President and CEO
Marketwired - Tue Feb 09, 7:58AM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company"
is pleased to announce the appointment of Ehsan Dana as President, CEO and Director of the Company effective February 22nd, 2016. Mr. Dana will replace Rasool Mohammad who will assume the role of Chairman of the Board and will continue to help advance the Company's flagship gold project in the Yukon Territory and prospective uranium properties in the prolific Athabasca Basin of Saskatchewan. TCK: 18.44 (+0.54), CSL.VN: 0.285 (+0.020)
Steven Goldman to Join Comstock Board
Marketwire Canada - Mon Feb 01, 1:42PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company"
is pleased to announce the appointment of Steven H. Goldman to the Board of Directors. Steven H. Goldman is a senior partner in the Toronto law firm of Goldman Hine LLP. Before joining that firm, he successfully led the restructuring and turnaround of the Speedy Auto Service and Minute Muffler franchise systems as their President and CEO from December 2007 until December 2009. Mr. Goldman graduated from Carleton University in 1976 (BA, President's Medal) and from Queen's University in 1980 (LLB/JD). Mr. Goldman was called to the Bar in Ontario in 1982. He is a member of the Executive of the Ontario Bar Association, Franchise Section, the Law Society of Upper Canada, the American Bar Association Forum on Franchising, and the Institute of Corporate Directors. Mr. Goldman is currently a Director of Select Sands Corp. (trading on TSX.V as symbol SNS) and Tribute Pharmaceuticals Inc. (trading on the TSX.V as symbol TRX), as well as being a member of its audit and compensation committees. He is also a former Director of Alegro Health Corp. CSL.VN: 0.285 (+0.020)
Comstock Announces Optioning Its Corona Property in Mexico
Marketwire Canada - Thu Jan 28, 6:08PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company"
is pleased to announce that its joint venture ("JV" partner Golden Goliath Resources ("GNG" has confirmed that the Corona Gold-Silver Property in Mexico is one of seven mineral exploration properties in the Uruachic mining camp that have been optioned by Fresnillo PLC (See GNG December 7, 2015 News Release). The Company holds a 60% interest in the Corona Property through a Joint Venture with GNG and is entitled to a portion of the cash payments that will be made to GNG by Fresnillo PLC as per their option agreement ("GNG/Fresnillo Agreement". The portion of the payments specified in the GNG/Fresnillo Agreement that will be owed to the Company will be determined by a formula defined in the original JV agreement between GNG and CSL dated April 9, 2013. In order for Fresnillo to earn a 100% undivided interest (subject to a 1% net smelter royalty) in all seven of the Uruachi properties, Fresnillo PLC must make cash payments totaling US$3 million over 3 years, pay all mining rights and property taxes, and fund all assessment work required to keep the properties in good standing. Links to the related to the announcement of the GNG/Fresnillo Agreement are as follows; CSL.VN: 0.285 (+0.020)
Comstock Metals Announces Darren Urquhart as New Chief Financial Officer
Marketwired - Sun Mar 22, 4:32PM CDT
Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or "the Company"
is pleased to announce the appointment of Mr. Darren Urquhart as Chief Financial Officer (CFO) and a director of the Company. Mr. Urquhart is a Chartered Accountant (C.A.), and has been a Member of the Institute of Chartered Accountants of British Columbia since 2001. He also holds a Bachelor of Applied Science (B.A.Sc.) in Electrical Engineering from the University of British Columbia (UBC), Canada. Mr. Urquhart will be replacing Larry Johnson. The Company thanks Mr. Johnson for his services, as well as Jason Leikam and Gord Davidson who have resigned from the board of directors as well. CSL.VN: 0.285 (+0.020)
Comstock Metals Announces Debt Settlement Agreement
Marketwired - Tue Dec 30, 3:48PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or "the Company"
is pleased to announce that it intends to settle an aggregate of $484,000 of indebtedness through the issuance of an aggregate of 8,066,667 common shares at a deemed price of $0.06 per common share. The transaction remains subject to TSX Venture Exchange approval. All common shares issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of issuance. CSL.VN: 0.285 (+0.020)
Comstock Metals Acquires Claims in Cree-Key Lake and Patterson Lake South Areas of Saskatchewan
Marketwired - Wed Nov 26, 1:03PM CST
Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or "the Company"
is pleased to announce that it has acquired by staking claims totalling 21,900 ha in the Cree-Key Lakes and Patterson South (PLS) area of Saskatchewan. Two claims totalling 2835 ha are in the PLS area, which is considered to be highly prospective for unconformity-related uranium mineralization due to the success of Fission and Nexgen Energy. Uranium mineralization at both Fission and Nexgen's properties is basement hosted and is considered to be an attractive target due to its shallower depth compared to many other unconformity related uranium deposits in the Athabasca Basin. Comstock Metals' properties in the PLS area are named PL Northeast and are contiguous to and along trend of the uranium mineralization discovered by the two companies above (see Comstock Presentation on Comstock Metals' website). The remaining claims are located southwest of the Key Lake deposit. CSL.VN: 0.285 (+0.020)
