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Merit Mining Corp. (MEM)
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Merit Mining Corp. (MEM)
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Merit Mining Corp. (TSX:MEM)
Last Price (USD) $0.89
Change ? 0.0 (0.00%)
Bid 0.6
Ask 0.88
Volume -
Days Range - - -
Last Trade -
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Merit Mining Corp. (TSX:MEM)
Last Price (USD) $0.95
Change ? -0.03 (-3.06%)
Bid 0.94
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Volume 20,600
Days Range 0.94 - 0.98
Last Trade 6/9/2010 1:43:10 PM

Merit Mining Corp (T (TSX:MEM)
Last Price (USD) $0.58
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Days Range 0.58 - 0.58
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Merit Mining Corp (T (TSX:MEM)
Last Price (CAD)
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Volume 10,100
Day's Range 0.36 - 0.40
Last Trade 2:30:30 PM EST
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Merit Mining Corp (T (TSX:MEM)
Last Price (CAD)
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Last Trade 3:33:42 PM EDT
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Merit Mining (Tier2) (TSX:MEM)
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Merit Mining (Tier2) (TSX:MEM)
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Merit Mining (Tier2) (TSX:MEM)
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Merit Mining (Tier2) (TSX:MEM)
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Merit Mining (Tier2) (TSX:MEM)
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Merit Mining Corp. NR -

December 3, 2008
Merit Files Notice of Intention to Make a Proposal Under the Bankruptcy and Insolvency Act
CFO and Two Directors Resign
December 3, 2008 - Vancouver, British Columbia. Merit Mining Corp. (TSX-V:MEM) announces that it has today filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act (the "BIA").

Further, Robert G. McMorran has resigned as Chief Financial Officer and Corporate Secretary of the Company, effective November 28, 2008. In addition, James Walchuck and Hans-Arne L'orange have resigned as Directors of the Company, effective November 28, 2008. Messrs. McMorran, Walchuck, and L'orange have all agreed to provide advisory services to the Company on an ongoing basis.

Further to the Company's news release dated October 24, 2008 announcing the closing of the convertible debentures in the amount of $4,000,000, which comprised the first tranche of a convertible debenture financing of up to $5,000,000, the Company reports that there will be no additional closings.

Merit Mining Corp.

Signed "Fred Sveinson"

Fred Sveinson, President & CEO

For further information please contact:

Fred Sveinson at (604) 694-2344

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

Back to news index

http://www.meritminingcorp.com/News_Releases/?newsID=121

God Bless

Merit Mining (Tier2) (TSX:MEM)
Last Price (CAD)
$ 0.105
Change
◊ 0
Bid 0.10
Ask 0.12
Volume 26,716
Day's Range 0.08 - 0.11
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Last Trade:15:59:12 EDT Oct-17-08
God Bless

Merit Mining (Tier2) (MEM) $0.24
Change: -0.01 (-4.00%)
Volume: 20,000
13:41:46 EDT
Jun-16-08

God Bless

Welcome AllanP on 'Merit Mining Corp.' -
I have been into Merit more than 15 years -
since the GoldCity time etc. -
good of you to join in -
God Bless

Can't let you get away with being the only poster. Just got in today after my wife (the news watcher in my home) alerted me to Greenwood gold. Had to do a search to come up with MEM.V. Anyways in for a few. GL.

Merit Mining Corp. (V.MEM) $ 0.32 $0.02 (+6.67%)
Volume: 17.5 k
3:52 PM EDT Mar 28, 2008

Merit Mining Corp. increases Greenwood Gold Project resource base by 164% - Canada NewsWire
Wed, Sep 26, 2007

http://investorshub.advfn.com/boards/quotes.asp?ticker=v.mem

MERIT MINING CORP. (Tier2) (CDNX:MEM.V) -

http://finance.yahoo.com/q?s=mem.v&x=40&y=13

Merit Mining Corp. (V.MEM) $ 0.30
0.01 (+3.45%) Volume: 40.6 k
2:47 PM EST Feb 7, 2008

Merit Mining Corp. (V.MEM) $ 0.29
0.00 (0.00%) Volume: 0
3:56 PM EST Feb 6, 2008

V.MEM Last: 0.345 - Volume: 167 - Last Trade: 8/7/07
Mon, Jul 16, 2007
11:58 AM Merit updates Old Nick resource base - Canada NewsWire
Wed, Jul 04, 2007
12:19 AM Merit Mining Corp. Arranges Private Placement of up to C$15 Million - Canada NewsWire
Mon, May 07, 2007
5:07 PM Merit Mining Closes $9.0 million Second Tranche of Investment by Wega Mining ASA And Appoints New Directors - Canada NewsWire
Thu, May 03, 2007
8:30 PM Wega Mining ASA to proceed with investment in Merit Mining Corp. - Canada NewsWire
Sun, Apr 15, 2007
3:46 PM Merit Mining Options J & L Gold-Silver-Zinc-Lead Property - Canada NewsWire
Mon, Apr 09, 2007
6:16 PM Merit Mining Corp. Receives Positive Preliminary Economic Assessment on Its Gold-Copper Greenwood Gold Project - Canada NewsWire
Mon, Mar 19, 2007
4:26 PM Wega Mining to make investment of up to c$21 million in Merit Mining - Canada NewsWire
Wed, May 11, 2005
9:25 AM Merit Mining Corp. announces key appointments - Canada NewsWire

http://investorshub.advfn.com/boards/quotes.asp?ticker=t.itf&qm_page=87590&qm_symbol=V.MEM

Merit Mining Corp. Arranges Private Placement of up to C$15 Million
VANCOUVER, July 3 /CNW/ -

Merit Mining Corp. -
announces that it has arranged a private placement of up to
45,454,545 units, priced at $0.33 per unit, for gross
proceeds of up to C$15 million.
The private placement is expected to close during July.

Each unit will be comprised of one common share and one
transferable share purchase warrant, with each share
purchase warrant entitling the holder to purchase one
additional common share on or before the date that is
two years from the closing of the private placement, at
an exercise price of $0.50 per share.

If at any time during the period of the warrant that is
12 months after the date of issuance of the warrants
the closing market price of the Company's common shares
on the TSX Venture Exchange exceeds $0.70 per share
for 30 consecutive trading days, the Company may, upon
written notice to the holder of the warrants, request
exercise of the warrants.

The private placement is subject to acceptance for filing
by the TSX Venture Exchange. All securities to be issued
pursuant to the private placement will be subject to a
hold period of four months.

Proceeds of the private placement will be used by the
Company to complete the development and construction of
the Greenwood mill and Lexington-Grenoble mine, expected
to be in production in first half of 2008;

to advance the exploration and development of the J & L
polymetallic project, located near Revelstoke, BC;
and for further acquisitions.

The Greenwood Gold Project,
the Company's flagship project is located in the highly
mineralized Boundary District of southern British Columbia,
ranking sixth largest in gold production in British Columbia
with 1.3 million ounces of gold.

Much of this historic production came from
the Phoenix copper-gold skarn, located 1 kilometer north
of the Company's Golden Crown property.

The Republic district of northern Washington, USA,
50 kilometers south of the claims, has past production
and resources of the area between Greenwood and
Republic, which exceeds 7.4 million ounces of gold.

Wega Mining ASA,
Merit's largest shareholder, is expected to subscribe for
80% of the private placement.
Following the closing of the transaction and assuming
the 45,454,545 million units are fully subscribed for,
with Wega Mining subscribing for 80% of the units,
then Wega Mining will own 83,982,683 common shares of
Merit Mining Corp.,
representing approximately 60.4% of the issued and
outstanding shares or 65.0% on a fully diluted basis.

Wega Mining ASA
is an Oslo-based international mining company focused
on exploring, developing and operating gold, copper
and zinc deposits.
The company currently holds exploration licenses in
Guinea, Canada, Portugal, Ecuador, Romania and Norway,
and interests in one gold producer and one advanced
staged gold project in Canada.
It trades on Oslo Axess, an exchange regulated by
the Oslo Stock Exchange, under the ticker WEMI.
Further information can be accessed at
http://www.wegamining.com

Fred Sveinson, CEO of Merit, states
"This second investment in our Company by Wega Mining
will enable us to complete the development of
the Greenwood Gold Project to production and to pursue
other advanced stage projects.
We look forward to continuing to work with Wega Mining
to achieve our goal of building a diversified
international mining company."

Merit Mining Corp.

Signed "Fred Sveinson"

Fred Sveinson, President & CEO

The TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of
this release.

The statements in this New Release may contain certain
forward-looking statements. Actual events or results may
differ from the Company's expectations. Certain risk
factors may also affect the actual results achieved by
the Company.

Source: Canada NewsWire (July 4, 2007 - 12:19 AM EDT)

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http://www.meritminingcorp.com/greenwood.htm#goldencrown

http://www.meritminingcorp.com/projects.htm

http://www.meritminingcorp.com/greenwood.htm

http://www.investorshub.com/boards/board.asp?board_id=8268

http://www.investorshub.com/boards/board.asp?board_id=5981

http://siliconinvestor.advfn.com/subject.aspx?subjectid=56990


For further information please contact:

Fred Sveinson at (604) 694-2344

Greenwood Gold Project Update
June 6, 2007 – Vancouver.

Merit Mining Corp. -
(TSX-V: MEM) reports that dewatering of -
The Lexington-Grenoble mine -
is expected to commence in early July.

All the major mining equipment has now been acquired
or committed to for the Lexington-Grenoble underground mine.

The portal area is currently being expanded and prepared
for the installation of the mine office, mine dry,
and mechanical shop.

Hatch is working on the detailed engineering plans
for the gravity/flotation mill, which are scheduled
for completion by the end of the month.

Milling equipment is being sourced and committed to,
with the key component, a 10’ x 13’ ball mill,
having already been acquired.

Detailed engineering for the tailings facility
will be completed next week by Klohn Crippen Berger
for submission to the regulatory authorities.

The Company has a conditional permit to build the process
plant and tailings facility, subject to submission
of the detailed engineering.

Key site construction and operational personnel have been
hired, including the General Manager, Mine Superintendent,
and Construction Project Manager (NR 07-13).

Surface exploration drill programs for the Lexington,
Golden Crown, and Lone Star properties -
have received board approval.

These programs will commence in late summer.

A total of 7,800 metres of surface drilling is planned,
aimed at expanding the resources on all of the properties.

Fred Sveinson, President of the Company, states:
“We are pleased that the development of
the Greenwood Gold Project is progressing on schedule.

Production at Greenwood is targeted for the second quarter
of 2008.”

Merit Mining Corp.

Signed “Fred Sveinson”

Fred Sveinson, President & CEO

http://www.meritminingcorp.com/newsrel.htm



http://www.meritminingcorp.com/greenwood.htm#goldencrown

http://www.meritminingcorp.com/projects.htm

http://www.meritminingcorp.com/greenwood.htm

http://www.investorshub.com/boards/board.asp?board_id=8268

http://www.investorshub.com/boards/board.asp?board_id=5981

http://siliconinvestor.advfn.com/subject.aspx?subjectid=56990


For further information please contact:


For Investor Relations Information Contact:

Fred Sveinson at (604) 694-2344


MarketSmart Communications (604) 261-4466

(Toll Free 1-877-261-4466)

Merit Mining Closes $9.0 million Second Tranche of Investment
by Wega Mining ASA And Appoints New Directors
VANCOUVER, May 7 /CNW/ -

Merit Mining Corp.
("Merit") (TSX-V: MEM) reports that it has closed the second
tranche of a private placement investment by Wega Mining ASA
of Oslo, Norway for an equity financing of 42,857,143 common
shares, priced at $0.21 per share, for total proceeds
of $9,000,000.

Concurrently with the second tranche, Wega Mining has
been issued two warrants to acquire:
(i) 17,142,857 common shares, at an exercise price of
$0.35 per share, on or before October 30, 2007 and
(ii) 12,500,000 common shares, at an exercise price of
$0.40 per share, on or before May 3, 2008.

Securities issued pursuant to the second tranche
investment are subject to a four month hold until
September 4, 2007.

Merit will use the proceeds of the private placement
to advance its Greenwood Gold Project and to fund
other development properties.

The Company also announces the following changes to its
Board of Directors:

- Fred Sveinson has resigned as a director, but will
retain his positions as President & CEO of the Company.
- Paul Cowley has resigned as a director, but will
retain his position as Vice President Exploration.
- Messrs. Lars Marius Furu, Hans-Arne L'orange, and Ronald
G. MacArthur have been appointed as directors
of the Company.

Ronald MacArthur, B.Sc. (Geology) has 35 years experience
in the Canadian and international mining industry,
including 26 years with the Noranda Group.
From 1990 through 1996, Mr. MacArthur was Exploration Manager
for Noranda's South American operations, with a focus
on base metals and gold.
Since 1999 he has been active as a private investor
and consultant in the resource industry.
A Canadian citizen based in Vancouver, Mr. MacArthur
is currently a director of Wega Mining ASA.

Lars Marius Furu, a Norwegian citizen, is currently CEO
for Wega Mining ASA.
He holds a Bachelor in Business Administration degree
and is a Certified European Financial Analyst (AFA).
He joined Wega Mining from Fondsfinans, where he was
partner and analyst in the Materials and Energy Sector.
Previously, he worked as a financial analyst for ten years
in several securities firms.

Hans-Arne L'orange, MBA, a Norwegian citizen, has a
strong background in executive and financial management
with a number of European-based public and private companies.
As a mergers & acquisitions and capital market specialist,
he has managed and been involved in more than 20 financings
or M&A transactions.
Mr. L'orange joined Wega Mining from Vyke Communications Plc,
where he served as CEO. He is currently engaged in
M&A services for Wega Mining ASA.

Fred Sveinson, President & CEO of Merit, states
"We look forward to working with the representatives
from Wega Mining who have joined our board.

They will provide key expertise to Merit in the areas
of financing, public markets, and exploration."

Merit Mining Corp.

Signed "Fred Sveinson"

Fred Sveinson, President & CEO

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

Source: Canada NewsWire (May 7, 2007 - 5:07 PM EDT)

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Welcome to Merit Mining Corp. -

Lars Marius Furu, CEO of Wega Mining ASA stated,

"We have carried out a review of Merit and its assets.

We are now confident that Merit's mining team
will develop Greenwood to production in a timely manner,
and that further exploration efforts will continue
to expand the company's deposits."

Fred Sveinson, CEO of Merit Mining Corp. stated,
"With solid financial backing from Wega
as a strategic investor, Merit is now in an excellent position
to develop Greenwood to production by early 2008,
and to advance its other projects rapidly
with aggressive exploration programs."

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

SOURCE: Merit Mining Corp.

Fred Sveinson, President & CEO, Merit Mining Corp.
at (604) 694-2344;

Lars Marius Furu, CEO, Wega Mining ASA at
011 47 9018 8289;

For Investor Relations information contact:
MarketSmart at (604) 261-4466 or 1-877-261-4466

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