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Bonterra Resources makes major acquisition that will aid flagship Gladiator Project
Proactive Investors Stocktube
Uploaded on Sep 18, 2018
Bonterra Resources (CVE:BTR) CEO Nav Dhaliwal dropped by the Vancouver
Studios of Proactive Investors to share details about the companies multi
million dollar acquisition and some major news about new targets at their
Flagship project Gladiator.
New High-Grade Zone Located North of Gladiator near Surface with 27.4 g/t Au over 7.0 m
VANCOUVER, Sept. 19, 2018 /PRNewswire/ -
Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the
"Company" or "Bonterra") is pleased to announce the discovery of a new
high grade gold zone near surface to the north of the Gladiator Gold
Deposit with an intersection of 27.4 g/t Au over 7.0 m.
This new high-grade mineralization is located
approximately 200 m north of the most northerly Gladiator zone (North
Zone) and was located by drill hole BA-18-60 above 100 m in depth.
The mineralization and characteristics of this zone are very similar to
the Gladiator Deposit and are similar to the Company's current geological
model.
The model consists of parallel veins or zones and is open
along strike and at depth.
The recently optioned "Duke" property boundary areas have allowed the
Company access for exploration into these areas of interest. This high-
grade intersection occurs on Bonterra's 100% owned Gladiator property.
Follow up drilling is underway in order to test down dip and strike
continuity.
https://web.tmxmoney.com/article.php?newsid=7465181623347583&qm_symbol=BTR
God Bless
Bonterra and Metanor both Receive Securityholder Approval of their Respective Plans of Arrangement
Bonterra and Metanor Provide Transaction Timing Update
VANCOUVER and VAL-D'OR, QC, Sept. 18, 2018 /PRNewswire/ -
BONTERRA RESOURCES INC. ("Bonterra") (TSX-V:BTR, US:BONXF, FSE:9BR1) and
METANOR RESOURCES INC. ("Metanor") (TSX-V:MTO) are pleased to announce
that each of their respective previously announced plans of arrangement
(respectively, the "Bonterra Arrangement" and the "Metanor
Arrangement"), have been approved by their respective securityholders
today.
https://web.tmxmoney.com/article.php?newsid=6707870136052888&qm_symbol=BTR
The Bonterra Arrangement, which involves spinning out of certain assets of Bonterra to Gatling Exploration Inc. ("Bonterra Spinco" or "Gatling"), was approved by shareholders and optionholders of Bonterra (together, the "Bonterra Securityholders") at a special meeting (the "Bonterra Meeting") of the Bonterra Securityholders held today. At the Bonterra Meeting, a special resolution approving the Bonterra Arrangement was approved by: (i) 97.58% of the votes cast by Bonterra shareholders; and (ii) 97.76% of the votes cast by Bonterra Securityholders, voting together as a single class. The Metanor Arrangement, which involves acquisition of all shares of Metanor by Bonterra was approved by shareholders and optionholders of Metanor (together, the "Metanor Securityholders") at a special meeting (the "Metanor Meeting") of the Metanor Securityholders held today. At the Metanor Meeting, a special resolution approving the Metanor Arrangement was approved by: (i) 87.44% of the votes cast by Metanor shareholders; and (ii) 87.96% of the votes cast Metanor Securityholders, voting together as a single class.
Bonterra Resources Inc. (CNW Group/Bonterra Resources Inc.)
Both arrangements are still subject to final approval by the TSX Venture Exchange ("TSX-V") and the Supreme Court of British Columbia (the "BC Court"), in the case of the Bonterra Arrangement, and the Superior Court of Quebec (the "Quebec Court"), in the case of the Metanor Arrangement. The BC Court hearing for obtaining a final order approving the Bonterra Arrangement is scheduled to take place on September 20, 2018. The Quebec Court hearing for obtaining a final order approving the Metanor Arrangement is scheduled to take place on September 21, 2018.
Completion of both arrangements is expected to occur on September 24, 2018. The Bonterra Arrangement will be completed first, followed immediately by the Metanor Arrangement. Under the Bonterra Arrangement, Bonterra shareholders of record at the close of business on Friday, September 21, 2018, will receive one common share of Gatling for every seven common shares of Bonterra held.
Upon completion of the Metanor Arrangement, all of shares of Metanor shall be owned by Bonterra. Holders of Metanor shares will not have any right to receive any Bonterra Spinco shares under the Bonterra Arrangement.
Under the Bonterra Arrangement, Gatling shall receive Bonterra's Larder Lake assets in Ontario and approximately $7,000,000 in cash. An application for listing of the Gatling shares on TSX-V has been filed, however listing is subject to final TSX-V acceptance.
Additional information regarding the terms of the Metanor Arrangement are set out in Metanor's management information circular dated August 15, 2018, which is available under Metanor's profile at www.sedar.com.
Additional information regarding the terms of the Bonterra Arrangement are set out in Bonterra's management information circular dated August 15, 2018, which is available under Bonterra's profile at www.sedar.com.
ON BEHALF OF THE RESPECTIVE BOARDS OF DIRECTORS,
Nav Dhaliwal, President & CEO
Bonterra Resources Inc.
Greg Gibson, Interim CEO
Metanor Resources Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement: Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation concerning the completion of the Bonterra Arrangement and the Metanor Arrangement. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding Bonterra's and Metanor's ability to complete the Bonterra Arrangement and Metanor Arrangement, respectively, and the anticipated effective date of the Bonterra Arrangement and Metanor Arrangement, which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: uncertainties as to the timing of the Bonterra Arrangement and Metanor Agreement and satisfaction of the respective conditions thereto, market conditions and other risk factors listed from time to time in Bonterra's and Metanor's reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and both Bonterra and Metanor disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
Metanor (CNW Group/Bonterra Resources Inc.)
Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bonterra-and-metanor-both-receive-securityholder-approval-of-their-respective-plans-of-arrangement-300715037.html
SOURCE Bonterra Resources Inc.
Kirkland Lake Gold almost doubles stake in Osisko Mining
Cecilia Jamasmie | about 3 hours ago |
Kirkland Lake Gold almost doubles stake in Osisko Mining
At the Macassa Mine in Ontario (pictured), Kirkland Lake expects to produce between 220,000 and 225,000 ounces of gold this year. (Image courtesy of Kirkland Lake Gold.)
Kirkland Lake Gold (TSX, NYSE:KL) has almost doubled its stake in fellow Canadian precious metals explorer Osisko Mining (TSX:OSK) by acquiring about 15 million common shares for around C$25 million ($19m) in cash.
With the investment, the Toronto-based miner increased its interest from the existing 8.58% to 13.61%, while its shareholding in Osisko now stands at 32,627,632 shares.
The move also expands Kirkland’s ownership of interest in the Urban Barry area of northwestern Quebec, which the company believes to be “highly prospective mining camp in the prolific Abitibi-Greenstone belt.”
“The investment is complementary to our existing interests in Metanor Resources Inc. and Bonterra Resources Inc., both of which have high-potential exploration holdings in the same area,” president and chief executive Tony Makuch said in the statement.
Kirkland is now targeting about 635,000 ounces of gold production for the year coming from both its Australian and Canadian mines.
http://www.mining.com/kirkland-lake-gold-almost-doubles-stake-osisko-mining/
God Bless
Metanor Res Inc. (MTO)
0.52 ? 0.0 (0.00%)
Volume: 72,500 @ 2:46:19 PM EDT ET
Bid Ask Day's Range
0.51 0.53 0.5 - 0.53
TSXV:MTO Detailed Quote
METANOR COVERS 8.4 G / T OVER 5.5 METERS IN MOROY
July 5, 2018 - Val-d'Or, Quebec, Canada:
Metanor Resources Inc. ("Metanor") (TSX-V: MTO) is pleased to announce
the results of the ongoing underground drilling program in the area
Moroy, including new high grade results of 8.4 g / t Au over 5.5 meters,
11.0 g / t Au over 4.0 meters and
10.7 g / t Au over 4.4 meters.
These new results demonstrate the high grade continuity of
the Moroy Zone along the eastward structure.
The drilling results of the new holes are as follows:
MY18-063 from 140.2 m to 145.7 m. 8.4 g / t Au over 5.5 m
Intermediate volcanic rock, weakly hematised and epidotised, 0.5% to 1% finely disseminated pyrite.
MY18-054 from 87.8 m to 92.2 m 10.7 g / t Au over 4.4 m
Sheared volcanic rock, weak to moderate hematite alteration, trace of finely disseminated pyrite.
MY18-070 from 140.5 m to 144.5 m 11.0 g / t Au over 4.0 m
Intermediate volcanic rock, moderate to strong hematite alteration, 0.5-1% finely disseminated pyrite.
Highlights from the last 36 drill holes that intersected the gold mineralization are listed below:
http://www.metanor.ca/communiques-presse/metanor-recoupe-84-gt-55-metres-a-moroy/
God Bless
Bonterra to Acquire Metanor, Expanding Strategic Position in Urban Barry Camp and De-risking Potential Path to Production
VANCOUVER, June 18, 2018 /PRNewswire/ -
Bonterra Resources Inc. ("Bonterra" or the "Company") (TSX-V:BTR, US:BONXF, FSE:9BR1) and
Metanor Resources Inc. ("Metanor") (TSX-V:MTO)
are pleased to announce that they have entered into a binding letter of
intent dated June 17, 2018 (the "LOI") to combine Bonterra and Metanor
(the "Transaction") to create an exciting new advanced Canadian gold
exploration and development company focused on becoming the leader in
the building out and future mining development of the Urban Barry
Quebec Gold Camp.
The Transaction contemplates that Bonterra will acquire all of the
issued and outstanding common shares of Metanor for C$0.73 in equity
consideration, at an exchange ratio of 1.6039 Bonterra shares, for each
Metanor share. Immediately prior to the completion of the
Metanor acquisition,
Bonterra will spin out its Larder Lake assets in
Ontario, Canada, and a specified amount of cash (the "Spin-Out"), in
order to create a well-capitalized and exciting new exploration
opportunity for its shareholders.
Highlights of the Transaction:
https://web.tmxmoney.com/article.php?newsid=6003256138622922&qm_symbol=MTO
God Bless
METANOR RES INC. V.MTO Alternate Symbol(s): MEAOF
http://www.stockhouse.com/companies/bullboard?symbol=v.mto
God Bless
Bonterra proposes merger with rival Canadian gold miner Metanor -
https://www.compelo.com/energy/news/bonterra-proposes-merger-with-rival-canadian-gold-miner-metanor/
Bonterra Resources has proposed to acquire rival Canadian gold exploration
and development firm Metanor Resources for C$78m ($58.93m) in an
all-stock deal to expand its position in the Urban Barry Camp in Quebec,
Canada.
The combined company of Bonterra and Metanor will gain control of three
advanced high grade gold deposits in the form of
Gladiator, Bachelor, Barry along with significant regional priority
targets with resource upside potential.
According to Bonterra, the enlarged firm will also get 100% control of
the only permitted gold mill in the Urban Barry Camp.
The gold mill comes with an expandable centralized production facility
and is surrounded by more than 15 known gold deposits located within a
radius of 100km.
Bonterra expects the merger to help in de-risking its Gladiator project.
The company said that Metanor’s mill infrastructure will give it the
scope to significantly cut down the capital requirements and compress
the timelines to push the Gladiator project towards potential
production.
Bonterra president and CEO Nav Dhaliwal said: “We believe we will be
able to develop a much larger and more significant resource profile
within the Urban Barry Camp. The availability and ownership of a
permitted and expandable processing facility certainly places Bonterra
in an excellent position to rapidly and cost effectively become a
significant Quebec based gold producer.”
As per the proposal, Bonterra will acquire all the shares of Metanor for
C$0.73 ($0.55) in equity consideration.
The exchange ratio of the deal will be 1.6039 Bonterra shares for each
Metanor share.
Following the merger, existing Bonterra and Metanor shareholders will
own about 58% and 42% stakes, respectively in the enlarged company.
Metanor chairman and interim CEO Greg Gibson said: “Putting together
two, arguably, undervalued companies like Metanor and Bonterra is
extremely beneficial and logical in a number of ways.
“Resource growth, exploration synergies and de-risking the path to
production are all considerations, as well as potential to access
different and larger markets and shareholders.”
Prior to the acquisition of Metanor, Bonterra plans to spin out its
Larder Lake assets in Ontario along with a specified amount of cash.
The company said that it is planning the move to create a well-
capitalized and new exploration opportunity for its shareholders.
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https://www.compelo.com/energy/news/bonterra-proposes-merger-with-rival-canadian-gold-miner-metanor/
http://www.stockhouse.com/companies/quote?symbol=v.btr
Eric Sprott Announces Support Agreement with Respect to Proposed Plan of Arrangement Between Metanor Resources Inc. and Bonterra Resources Inc.
V.BTR, V.MTO | 18 hours ago
Read more at
http://www.stockhouse.com/news/press-releases/2018/06/18/eric-sprott-announces-support-agreement-with-respect-to-proposed-plan-of#wb40vAfbqUYSG5om.99
http://www.stockhouse.com/companies/quote?symbol=v.mto
Bonterra to Acquire Metanor, Expanding Strategic Position in Urban Barry Camp and De-risking Potential Path to Production
V.BTR, V.MTO | 19 hours ago
Read more at
http://www.stockhouse.com/news/press-releases/2018/06/18/bonterra-to-acquire-metanor-expanding-strategic-position-in-urban-barry-camp#0uexhESQQIEYXerM.99
http://www.bonterraresources.com/
Metanor Res Inc. (MEAOF & MTO)
http://www.metanor.ca/en/press-releases/
http://www.metanor.ca/
God Bless America
Metanor Res Inc. (MTO)
0.5 ? 0.0 (0.00%)
Volume: 15,000 @ 10:23:58 AM EDT ET
Bid Ask Day's Range
0.5 0.53 0.5 - 0.5
TSXV:MTO Detailed Quote
Metanor Res Inc. (MEAOF & MTO)
http://www.metanor.ca/en/press-releases/
http://www.metanor.ca/
https://harveyorganblog.com/
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
IMO!
- God Bless
Metanor Res Inc. (MEAOF & MTO)
http://www.metanor.ca/en/press-releases/
http://www.metanor.ca/
https://harveyorganblog.com/
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
IMO!
- God Bless
Metanor Res Inc. (MTO)
0.55 ? 0.01 (1.85%)
Volume: 17,400 @ 3:55:44 PM EDT ET
Bid Ask Day's Range
0.55 0.56 0.54 - 0.56
TSXV:MTO Detailed Quote
Metanor Res Inc. (MTO)
0.64 ? 0.01 (1.59%)
Volume: 5,110 @ 3:11:19 PM EST ET
Bid Ask Day's Range
0.63 0.62 0.62 - 0.64
Metanor Res Inc. (MTO)
http://www.metanor.ca/en/press-releases/
http://www.metanor.ca/
https://harveyorganblog.com/
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
BITCOIN is more popular than fiat$666 -
get it for free -
https://moneynetwork.usitech-int.com/
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
IMO!
- God Bless
Get Ready, Gold Showing Signs It's headed to $1,700 or Higher - Analyst
December's volatility has been a nail biter for gold but the last three days many contain the greatest clues as to where the metal is headed in 2018.
ByDaniela Cambone
Dec 18, 2017 8:54 AM EST
https://www.thestreet.com/video/14422531/get-ready-gold-showing-signs-it-s-headed-to-1-700-or-higher-analyst.html
Metanor Res Inc. (MTO)
0.7 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.67 0.67
https://harveyorganblog.com/
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
BITCOIN is more popular than fiat$666 -
get it for free -
https://moneynetwork.usitech-int.com/
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
IMO!
- God Bless
Merry Christmas
I am ready. Let her rip !!!
Are You Ready For The Next Rally? - Craig Hemke
https://www.sprottmoney.com/Blog/are-you-ready-for-the-next-rally-craig-hemke.html
Merry Christmas
Maybe prices down until after Christmas???
PRECIOUS-Gold slightly higher ahead of Fed meeting -
https://in.reuters.com/article/global-precious/precious-gold-slightly-higher-ahead-of-fed-meeting-idINL3N1OC07X?rpc=401&
bigone thank you -
more info -
https://harveyorganblog.com/2017/12/11/dec-11-another-minor-raid-by-the-bankers-gold-down-1-45-and-silver-down-4-cents-another-huge-gold-and-silver-transfer-through-the-efps-gold-5694-contracts-transferred-silver-2094-contracts-sil/
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
BITCOIN is more popular than fiat$666 -
get it for free -
https://moneynetwork.usitech-int.com/
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
IMO!
- God Bless
The Dirty Secret of COMEX Delivery Revealed!
https://www.jsmineset.com/2017/12/04/the-dirty-secret-of-comex-delivery-revealed/
Merry Christmas
Lets hope NYBob !!!
Eric Sprott: Moving Just A Little Crypto Profits Into Gold & Silver Could BLOW UP THE MARKET
December 8, 2017 43 8650
Eric says the physical market is tight already, and if smart crypto holders move into gold & silver, the market could blow…
https://www.silverdoctors.com/gold/gold-news/eric-sprott-moving-just-a-little-crypto-profits-into-gold-silver-could-blow-up-the-market/
Eric Sprott interviewed by Craig Hemke on the Weekly Wrap Up
“More of the same” – that seems to be the refrain for precious metals this year, according to Eric Sprott. It’s been tough, and gold and silver bugs may be feeling a bit low this holiday season. But, says Eric, a renewed rally in 2018 may be possible.
“We’ve never seemed to be able to get that large short position down,” says Eric. “It just shows they [Central Banks] have control of the market. Whatever their purpose is, they get there. Once they can cover this, we probably will find a creative low, here. It’s been tough.”
But, Eric says, there may be hope. “We may have lost all our game, but we have things that will happen here shortly that I think will change things rather quickly.”
Bitcoin’s massive capital rush just may be positive for a rush into precious metals – and Eric definitely believes physical commodities will be affected by Bitcoin and other cryptocurrencies. “When people cash out their Bitcoins, where are they going to put their money? Some people will be selling here and look for a place to put it – it won’t take much for things to move around in the precious metals markets [as a result].”
As always when it comes to speculating, anything can blow up – the key is to keep your ear to the ground and remain patient.
To hear more on Eric’s thoughts on metals in the new year, the moves in stocks, geopolitics, and more, tune into this week’s Wrap-Up, below:
LIKE FREE SILVER?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136788790
Merry Christmas -
God Bless
METANOR HITS MULTIPLE GOLD-BEARING SHEAR ZONES AT BARRY; INTERCEPTED 14.5 G/T OVER 2 METRES -
http://www.metanor.ca/en/press-releases/
Metanor Resources Inc. - Slide Show Presentation in Zurich -
TSX-V: MTO
Pascal Hamelin, President & COO
TSX-V: MTO
Launch the Presentation -
http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2017/11/07/metanor-resources-inc/play/stream/23844
METANOR PRESENTATION – OCTOBER 2017 - Welcome to our Corporate Presentation -
http://www.metanor.ca/wp-content/uploads/2017/05/Corporate-presentation-2017-1910Eng-1.pdf
http://www.metanor.ca/en/corporate-presentation/
Eric Sprott discusses the renewed rally in the precious metals sector and
where prices are headed into year end -
More thanks to you NYBob.
Metanor Resources Inc. - Slide Show Presentation in Zurich -
TSX-V: MTO
Pascal Hamelin, President & COO
TSX-V: MTO
Launch the Presentation -
http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2017/11/07/metanor-resources-inc/play/stream/23844
METANOR PRESENTATION – OCTOBER 2017 - Welcome to our Corporate Presentation -
http://www.metanor.ca/wp-content/uploads/2017/05/Corporate-presentation-2017-1910Eng-1.pdf
http://www.metanor.ca/en/corporate-presentation/
Eric Sprott discusses the renewed rally in the precious metals sector and
where prices are headed into year end -
METANOR PRESENTATION – OCTOBER 2017 - Welcome to our Corporate Presentation -
http://www.metanor.ca/wp-content/uploads/2017/05/Corporate-presentation-2017-1910Eng-1.pdf
http://www.metanor.ca/en/corporate-presentation/
Eric Sprott discusses the renewed rally in the precious metals sector and
where prices are headed into year end -
Thank you NYBob for sharing.
Eric Sprott REVEALED * Gold Stocks 2018 Could Be the Place to Invest for the Next Five Years!
MEAOF buy 0.6019
macd above 0 so chart is uptrending
stochastics crossed up to buy the dip
stop alert below the recent low or two nearby, or hold until macd crosses below 0 later for a profit
with this method different people can have different long or short positions, on different timeframes, for the same stock and all have the same good chance to be profitable
doesn't matter what someone else or other people are doing, their timing and directions can be the same or not
normal chart
log chart
by stocktrademan thank you -
great info -
- God Bless -
Still holding on. Some day the value will be recognized by more.
bigone thank you, MTO Chart TA LT bullish -
TA LT @ low turn around, bargain price oversold, undervalued )
Great precious gold mine assets -
http://www.metanor.ca/wp-content/uploads/2017/05/Ressources-M%C3%A9tanor-Corporate-presentation-2017-07-v1-french.pdf
http://www.metanor.ca/
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
- God Bless -
What should we expect in the next 6 months NYBob?
Metanor Res Inc. (MTO)
0.8 ? 0.02 (2.56%)
Volume: 4,000 @ 10:11:49 AM ET
Bid Ask Day's Range
0.78 0.8 0.8 - 0.8
TSXV:MTO Detailed Quote
http://www.metanor.ca/presentations-corporatives/
http://www.metanor.ca/type-propriete/mines-en-operations/
Metanor Resources (TSXV: MTO): All Signs Point to a Company Sale -
Posted By SmallCapPower - April 28, 2017
https://smallcappower.com/top-stories/metanor-resources-mto-takeover/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130884706
Metanor Resources Inc. - very undervalued and oversold -
https://finance.yahoo.com/quote/MTO.V?p=MTO.V
http://www.rense.com -
http://www.whatdoesitmean.com/ -
http://www.biblebelievers.org.au/monie.htm
http://www.kitconet.com/images/live/au0001wb.gif
- God Bless
Metanor Res Inc. (MTO)
0.89 ? 0.0 (0.00%)
Volume: 18,500 @ 10:20:09 AM ET
Bid Ask Day's Range
0.88 0.89 0.89 - 0.9
TSXV:MTO Detailed Quote
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131454502
God Bless -
Metanor Res Inc. (MTO)
0.93 ? 0.0 (0.00%)
Volume: 12,100 @ 11:21:24 AM ET
Bid Ask Day's Range
0.93 0.95 0.93 - 0.96
TSXV:MTO Detailed Quote
bigone thank you, Eric Sprott Chaairman of Kirkland Lake Gold -
has been good for investors since Chairman Sprott taken his
interest -
ex.
Eric Sprott new acquisition -
Eric Sprott Announces Acquisition of Securities of Metanor Resources Inc.
TORONTO, ONTARIO--(Marketwired - March 29, 2016) -
Eric Sprott ("Sprott") announces
that between March 17 and March 23, 2016, he acquired (the
"Acquisition") ownership and control over 8,698,000 common shares (the
"Acquired Shares") of Metanor Resources Inc. (the "Corporation"),
representing approximately 2.1% of the currently issued and outstanding
common shares of the Corporation (the "Shares") on a non-diluted basis.
The Acquired Shares were purchased at prices ranging from Cdn. $0.0788
to Cdn. $0.095 per Acquired Share.
As of the date hereof, after giving effect to the Acquisition,
Sprott beneficially owns, or exercises control or direction over:
(i) 38,698,000 Shares; and
(ii) 20,000,000 common share purchase warrants of the Corporation.
Based on the foregoing, Sprott beneficially owns, or exercises control
or direction over approximately 9.2% of the currently issued and
outstanding Shares on a non-diluted basis, and
approximately 13.3% of the currently issued and outstanding Shares
on a partially-diluted basis.
The Acquired Shares were purchased through the facilities of
the TSX Venture Exchange.
The Acquired Shares were acquired for investment purposes.
Sprott has a long-term view of the investment and
Sprott and any joint actors do not intend at this time to acquire
additional Shares, but may acquire additional Shares either on
the open market or through private acquisitions or sell the Shares
either on the open market or through private dispositions in the future
depending on market conditions, reformulation of plans and/or other
relevant factors.
http://www.marketwired.com/press-release/eric-sprott-announces-acquisition-of-securities-of-metanor-resources-inc-2109927.htm
- God Bless -
Metanor Res Inc. (MTO)
0.95 ? 0.07 (7.95%)
Volume: 161,563 @ 3:59:43 PM ET
Bid Ask Day's Range
0.93 0.95 0.89 - 0.95
TSXV:MTO Detailed Quote
Very good info. Thank you.
Metanor Resources (TSXV: MTO): All Signs Point to a Company Sale -
Posted By SmallCapPower - April 28, 2017
https://smallcappower.com/top-stories/metanor-resources-mto-takeover/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130884706
Metanor Resources Inc. - very undervalued and oversold -
https://finance.yahoo.com/quote/MTO.V?p=MTO.V
http://www.rense.com -
http://www.whatdoesitmean.com/ -
http://www.biblebelievers.org.au/monie.htm
http://www.kitconet.com/images/live/au0001wb.gif
- God Bless
bigone' on 'Metanor Resources Inc. (MEAOD) thank you - Eric Sprott -
15 April 2017 -
Geopolitical events. physical demand are driving gold & silver prices -
Revengeance Economics -
bigone thank you, well, Kirkland Lake Gold (TSX:KL) is now a great partner - to Metanor Resources Inc. (TSXV:MTO) -
ex....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130838290
BRIEF-Kirkland Lake chairman Eric Sprott -
http://www.reuters.com/article/idUSFWN1EU0JT
NYBOB are you positive for Metanor stock because of this? I am down quit a bit since purchasing years ago.
Metanor Closes $8.85 Million Private Placement
V.MTO | 2 days ago
VAL-D'OR, QUEBEC--(Marketwired - April 24, 2017) -
Metanor Resources Inc. (the "Corporation") (TSX VENTURE:MTO) is pleased
to announce the closing of the previously announced private placement
in the amount of $8,849,500, which includes the participation of
Kirkland Lake Gold Ltd. ("Kirkland Lake Gold") in the amount of
$7,250,000 and the investment by funds managed by Wexford Capital LP
("Wexford"), of $1,312,500.
Pascal Hamelin, President & COO, stated: "We are excited to now have the
support of a strategic investor like Kirkland Lake Gold and we are also
very encouraged by Wexford's decision to increase their initial
investment in Metanor. These additional funds, coming from established
partners having extensive management and operational expertise, will
enable us to further develop our main assets: the Bachelor and Barry
projects, while increasing the drill campaigns in the Urban-Barry area."
In connection with the private placement, a total of 12,642,143 units at
a price of $0.70 each were issued. Each unit consisting in one common
share and one-half of one common share purchase warrant, where each
full warrant (the "Warrant") entitles the holder to purchase one common
share of the Corporation at a price of $0.90 until April 21, 2019. All
securities issued in the private placement are subject to a four month
hold period from the date of issue.
Pursuant to the closing of the private placement, Kirkland Lake Gold now
owns or controls 10,357,143 common shares and 5,178,572 Warrants,
representing approximately 13.7% of the outstanding common shares of
the Corporation and 19.3% of the outstanding common shares on a
partially diluted basis, assuming exercise of the Warrants. Wexford, an
insider of Metanor who previously held 8,833,350 common shares (14.06%)
and 4,416,675 warrants acquired 937,500 Units. Pursuant to Policy 5.9
of the TSXV and Regulation 61-101 Respecting protection of minority
security holders in special transactions, the investment by Wexford
constitutes a "related party transaction" however, the Corporation is
exempt from obtaining minority shareholder approval and a formal
valuation as the fair market value of the consideration for the
transaction, as it involves interested parties, does not exceed 25% of
Metanor' market capitalization. Wexford now owns or controls 14.2% of
the outstanding common shares and 19.9% on a partially diluted basis,
assuming the exercise of their warrants.
In connection with the Offering, a finder's fee in an amount equal to
6.5% of the gross proceeds raised ($103,966) was paid, no fees have
been paid in respect to the Kirkland Lake Gold investment. The private
placement is subject to final acceptance of the TSX Venture Exchange.
About Metanor Resources Inc.
Metanor Resources Inc. is a Quebec based emerging gold producer having
its main assets, the Bachelor mine and the Barry project, in addition
to over 15,000 ha of exploration property, located in the mining-
friendly jurisdiction of Quebec in the heart of the Urban-Barry Camp.
With the support of strategic investors, a strong management team
experienced at all levels of project development and project financing,
Metanor is seeking growth through the development of its properties
using a partnership approach with local communities.
Neither the TSX Venture Exchange nor its regulation services provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release.
Ronald Perry
Vice-president
514-262-8286
rperry@metanor.ca
Metanor Resources Inc.
819-825-8678
info@metanor.ca
http://www.metanor.ca
https://investorshub.advfn.com/Metanor-Resources-Inc-TSXV-MTO-16521/
- God Bless -
METANOR ANNOUNCES THE RETIREMENT OF THE COMPANYS’ FOUNDERS -
April 12, 2017 – Val-d’Or, Québec, Canada –
Metanor Resources Inc. (the “Company”) (TSX-V: MTO) announces
the retirement of the Company’s’ founders Mr. Serge Roy, Executive
Chairman and Mr. Ghislain Morin, President, CEO and director,
effective immediately.
http://www.metanor.ca/en/communiques-presse/metanor-announces-the-retirement-of-the-companys-founders/
Mr. Greg Gibson, Chairman of the Board, has been appointed to the position of Interim Chief Executive Officer and Mr. Pascal Hamelin, Vice-president of Operations with the Company for the past 4 years, will take on the role of President and Chief Operating Officer. Mr. Hamelin is a member of the Ordre des ingénieurs du Québec and of the Professional Engineers of Ontario. He cumulates over twenty-five years of experience in mining engineering, operations, and project management in both surface and underground mining operations. Prior to joining the Company in 2010, he spent 16 years in the Sudbury mining camp for Inco Ltd. and the last 10 years in the Abitibi mining camp.
Mr. Gibson states: “We appreciate and are grateful to the company founders Serge and Ghislain for their perseverance over the years in building the foundation of a Company that is now ready to move into its next phase. They leave the Company in a strong financial position and with an upcoming new strategic investor/partner Kirkland Lake Gold. We wish them happiness in their retirement and continued success in any future endeavors they decide to pursue. We look forward to advancing Metanor as a high grade, low cost operating company with untapped exploration potential in the heart of one of the most active regions in Canada.”
About the Company
Metanor Resources Inc. is a Quebec based emerging gold producer having its main assets, the Bachelor mine and the Barry project, in addition to over 15,000 ha of exploration property, located in the mining-friendly jurisdiction of Quebec, in the heart of the Urban-Barry Camp. With the support of strategic investors, a strong management team experienced at all levels of project development and project financing, Metanor is seeking to develop additional projects in a responsible manner.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
For more information, please contact:
Ronald Perry, Vice-president
Telephone: 514-262-8286
email: rperry@metanor.ca
2872, chemin Sullivan, suite 2
Val-d’Or, QC J9P 0B9
http://www.metanor.ca/en/communiques-presse/metanor-announces-the-retirement-of-the-companys-founders/
http://www.metanor.ca/en/propriete/mine-bachelor/
- God Bless -
NEW STRATEGIC INVESTOR FOR METANOR: KIRKLAND LAKE GOLD
April 4, 2017 – Val-d’Or, Québec, Canada –
Metanor Resources Inc. (the “Corporation“) (TSX-V: MTO) is pleased to
announce that it intends to complete a private placement financing
pursuant to which Kirkland Lake Gold Ltd. will acquire up to
103,571,429 Units of the Corporation (the “Units“) on a pre-
consolidated basis at a price of $0.07 each, for gross proceeds in
the amount of $7,250,000.
Each Unit will consist of one common share (“Share”) and one-half of
one common share purchase warrant (each full warrant, a “Warrant“)
which will entitle the holder to purchase one Share of the
Corporation at a price of $0.09 for a period of 24 months following
closing (on a pre-consolidation basis).
In addition, funds managed by Wexford Capital LP (“Wexford”) will be
subscribing for 18,750,000 Units for gross proceeds in the amount of
$1,312,500. Upon completion of the Offering,
Wexford will hold 14.2% of the issued and outstanding Shares on a non-
diluted basis and 19.9% on a partially diluted basis assuming the
exercise of Warrants.
http://www.metanor.ca/en/communiques-presse/2428/
http://www.metanor.ca/en/
- God Bless -
Metanor Res Inc. (MTO) 0.095 ? 0.01 +11.76% )
Volume: 1,281,000 @ 11:30:51 AM ET
Bid Ask Day's Range
0.1 0.1 0.09 - 0.095
TSXV:MTO Detailed Quote
Metanor Resources Announces $7 Million Brokered Private Placement
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/494-tsx-venture/mto/29361-metanor-resources-announces-7-million-brokered-private-placement.html
trading halt today?
- God Bless -
Metanor Res Inc. (MTO)
0.07 ? 0.0 (0.00%)
Volume: 703,000 @ 2:35:03 PM ET
Bid Ask Day's Range
0.06 0.07 0.065 - 0.07
TSXV:MTO Detailed Quote
METANOR REPORTS NET INCOME OF $2 MILLION FOR THE QUARTER ENDED DECEMBER 31, 2016; RAISES GUIDANCE
February 8, 2017 – Val-d’Or, Quebec, Canada:
Metanor Resources Inc. (“Metanor”) (TSX – V: MTO) is pleased to report its
financial and operating results for the quarter ended December 31st 2016
(fiscal Q2 2017). This press release should be read in conjunction with
Metanor’s financial statements for the quarter ended December 31st 2016
and related… Read more »
http://www.metanor.ca/en/press-releases/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126233191
- God Bless -
Metanor Resources Announces $7 Million Brokered Private Placement
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/494-tsx-venture/mto/29361-metanor-resources-announces-7-million-brokered-private-placement.html
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