Trevali Mining Corp. today announced the appointment of Jeane Hull to its Board of Directors, effective February 1, 2021. Jill Gardiner, Chair of the Board of Directors commented, "We are pleased to welcome Jeane to Trevali's Board. We ended an eventful year by completing a C$34.5 million equity offering, delivering strong results across our operations, and began 2021 with the announcement of the re-start of operations at [...]
Trevali Mining Corp. is pleased to release preliminary fourth quarter and full year production results for 2020 and provide 2021 operating, capital and exploration expenditure guidance. All financial figures are in U.S. dollars. Ricus Grimbeek, Trevali's President and CEO stated, "The company ended 2020 on solid footing and is well-positioned to take full advantage of the significant opportunities provided by the positive [...]
Trevali Mining Corp. today announced the planned restart of operations at its Caribou mine near Bathurst, New Brunswick. The mine has been on a care and maintenance program since March 2020. With the implementation of several operational and commercial enhancements, as well as improved zinc market conditions, the Company expects to return to mining in early February 2021, with first payable zinc production expected by the [...]
Trevali Mining Corp. today announced the appointment of Brendan Creaney as Chief Financial Officer. Brendan joined the company in August 2019 as Vice President, Investor Relations, and has served as Interim Chief Financial Officer since September 2020. Before joining Trevali, he held several finance roles with Goldcorp from 2012 to 2019 in such functions as Corporate Development, Business Planning. Studies and Projects [...]
Trevali Mining Corp. is pleased to announce the closing of its previously announced marketed offering of 186,530,000 units at a price of C$0.185 per Unit for aggregate gross proceeds of C$34,508,050, which includes the exercise of the full amount of the over-allotment option of 24,330,000 Units. Each Unit is comprised of one common share and one-half of one Common Share purchase warrant, with each Warrant entitling the [...]
Trevali Mining Corp. today announced that it has entered into an underwriting agreement with a syndicate of underwriters in connection with its previously announced marketed offering of units . RBC Capital Markets and Scotiabank are the lead underwriters in a syndicate that includes HSBC Securities Inc., BMO Capital Markets, National Bank Financial Inc. and TD Securities Inc. The Underwriters have agreed to purchase [...]
Trevali Mining Corp. today announced that it has filed a preliminary prospectus supplement dated November 24, 2020 to its short form base shelf prospectus dated November 19, 2020 in connection with a marketed offering of units. Each unit will be comprised of one common share of Trevali and one half of one common share purchase warrant, with each full warrant entitling the holder thereof to purchase one Common Share for a [...]
Trevali Mining Corp. today announced that it has entered into a fixed zinc pricing arrangement pursuant to its existing offtake agreements with an affiliate of Glencore plc for 59.5mlbs or approximately 25% of the Companies forecasted zinc production. The tenure of the arrangement is for a nine-month period covering April 2021 to December 2021 at a price of $1.23 per pound. This extends the existing hedging program which [...]
Trevali Mining Corp. today released financial and operating results for the three and nine months ended September 30, 2020. The Company reported quarterly production of 74 million pounds of zinc at an all-in sustaining cost1 of $.91 per pound. Adjusted EBITDA1 and net income for the quarter was $11.2 million and $1.1 million respectively, both primarily due to business improvement initiatives and the increase in the zinc [...]
Trevali Mining Corp. announces that the operating and financial results for the third quarter ended September 30, 2020, will be released on Wednesday, November 4, 2020 after the Toronto Stock Exchange market close. Q3-2020 Financial and Operational Results Conference Call and Webcast The Company will host a conference call and presentation webcast at 1:00PM Eastern Time on Thursday, November 5, 2020 to review the [...]
Trevali Mining Corp. announced the voting results from its Annual General Meeting of Shareholders held on September 16, 2020. Shareholders voted in favour of all items of business before the Meeting as follows: Election of Directors Votes For Votes Withheld Russell D. Ball 281,693,185 4,034,097 Aline Cote 281,492,753 4,234,529 Jill V. Gardiner 278,881,416 6,845,866 Johannes F. Grimbeek 282,266,168 3,461,114 Dan Isserow [...]
Trevali Mining Corp. today announced the appointments of Nick Popovic and Aline Cote to the board of directors of the Company, replacing Chris Eskdale and Dan Myerson as Glencore nominees on the Board effective immediately. Both Mr. Popovic and Ms. Cote have also been nominated for election at the annual general meeting of shareholders scheduled to be held September 16, 2020. Mr. Popovic began his career with Glencore in [...]
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