Medoro Resources announced today the release of its audited consolidated financial results for the three months ended March 31, 2011, together with its Management's Discussion and Analysis for the corresponding period. For the three months ended March 31, 2011, Medoro reported revenues of $7.41 million, compared with $3.52 million for the three [...]
Medoro Resources announced that it has received final Court approval for, and completed a plan of arrangement under the Business Corporations Act (Yukon), pursuant to which a wholly-owned subsidiary of Gran Colombia Gold amalgamated with Medoro, effective June 10, 2011. Under the plan of arrangement, Medoro shareholders received 1.20 common shares [...]
Gran Colombia Gold shareholders and Medoro Resources securityholders each approved the arrangement under which Medoro and Gran Colombia agreed to merge. Of the Medoro securityholders who voted, more than 94.71% voted in favour of the special resolution approving the plan of arrangement. Of the Gran Colombia shareholders who voted, more than 87.36 [...]
Gran Colombia Gold and Medoro Resources have re-affirmed their strong commitment to completing a friendly combination of the Companies, and have rejected the recommendations contained in two separate reports from Glass, Lewis & Co, a professional services firm that provides proxy research and voting recommendations to institutional investors. The [...]
Gran Colombia Gold and Medoro Resources are pleased to jointly announce that ISS is recommending that its clients vote in favour of the combination of the Companies, to be considered at the respective securityholder meetings of each company scheduled for June 7, 2011. In recommending that securityholders vote FOR the Arrangement Resolution, ISS [...]
Medoro Resources is pleased to announce that it has now filed the Preliminary Economic Assessment study for its Marmato Project, as announced in its news release dated May 20, 2011. The report was prepared by SRK Consulting (UK) Ltd., with an underground scenario evaluated by Hatch Associates S.A. The full document is now available on the Company's [...]
Medoro Resources is pleased to announce that it has filed the PEA study for its Marmato Project. The report was prepared by SRK Consulting (UK) Ltd., with an underground scenario evaluated by Hatch Associates The full document will be made available on the Company's website and under the Company's profile on SEDAR by May 27, 2011. The PEA relied on [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/10/11 -- Gran Colombia Gold Corp. (TSX: GCM) and Medoro Resources Ltd. (TSX: MRS) announced today that each company has filed with securities regulators in Canada the Joint Information Circular (the 'Circular'), which sets out the details of the June 7, 2011 meetings to approve matters relating to the merger
TORONTO, ONTARIO -- (Marketwire) -- 05/06/11 -- Medoro Resources Ltd. (TSX: MRS)(TSX: MRS.WT) announced today that Juan Manuel Pelaez, its President, Colombian Operations, has resigned, effective immediately, to pursue other business interests.
Serafino Iacono, Interim President and Chief Executive Officer, said 'We would like to thank Juan
TORONTO, ONTARIO -- (Marketwire) -- 04/19/11 -- Medoro Resources Ltd. (TSX: MRS)(TSX: MRS.WT) is pleased to announce diamond drilling results from a further 52 drill holes totalling 19,894 metres from its surface and underground drilling program at the Marmato gold project in Colombia.
TORONTO, ONTARIO -- (Marketwire) -- 04/13/11 -- Gran Colombia Gold Corp. (TSX: GCM) and Medoro Resources Ltd. (TSX: MRS) are pleased to announce that today they have entered into an arrangement agreement (the 'Arrangement Agreement') to merge the two ...
TORONTO, ONTARIO -- (Marketwire) -- 04/01/11 -- Medoro Resources Ltd. (TSX: MRS)(TSX: MRS.WT) is pleased to announce today that its wholly-owned subsidiary Medoro Resources Colombia Inc. ('Medoro Colombia'), entered into a binding letter of intent with Tolima Gold Corp. ('Tolima Gold'), a Canadian privately-owned company, pursuant to which Medoro
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