David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the share consolidation that was approved by shareholders on June 22, 2018, shall be become effective prior to the open of the market on Friday December 21, 2018. Further, the post-consolidation common shares shall commence trading on Friday December 21, 2018. The name of the Company and the trading symbol shall remain unchanged. The Company shall [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has completed two diamond drill holes at the Company's 100% owned Weaver Lake gold property in the New Westminster Mining Division in southern BC. The holes targeted a previously identified high grade gold bearing quartz vein. Mineralized intercepts were encountered and assays are pending. Previous drilling produced a number of [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that a diamond drill program is now underway at the Company's 100% owned Haskins-Reed polymetalic exploration project near Cassiar in northern BC. Drill contractor DJ Drilling is using a low-impact, highly portable rig to test targets near the Meteor Zone, where 2011 drill hole 11MZ-07 encountered 17.5 metres grading 88.35 g/t silver, 1.11% lead and [...]
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that it intends to proceed with a consolidation of its share capital on a 5:1 basis . The Consolidation as approved by shareholders of the Company at its recently completed annual general meeting. Concurrently with the Consolidation, the Company plans to issue 6,088,588 post-Consolidation common shares in settlement of $ 608,858 in debt at a deemed [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that shareholder's passed all resolutions put before the Company's Annual & Special General Meeting held June 21, 2018 in Vancouver. 29.69% of the outstanding shares were voted at the meeting by proxy and in person. Management's slate of three directors were elected: David Brett , Joel Tarrida , and Guilford Brett . Shareholders also approved the Company's [...]
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2016) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that shareholder's passed all resolutions put before the Company's Annual General Meeting held July 21, 2016 in Vancouver, including the election management's slate of six directors: David Brett, Doug Blanchflower, Alan Qiao, Joel Tarrida [...]
VANCOUVER, BC / ACCESSWIRE / May 2, 2016 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that so far, 18.3 tonnes of the 56.7 tonnes mined by the Company's joint venture partner Dease Lake Jade Mine Ltd. ("DLJ") during the 2015 mining season. A total of 6 boulders have sold, two in Canada and four in China under the previously announced consignment [...]
VANCOUVER, BC / ACCESSWIRE / November 17, 2015 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company's joint venture partner Dease Lake Jade Mine Ltd. ("DLJ") produced 56.7 tonnes of marketable nephrite jade during the 2015 mining season from its Wolverine placer property north east of Dease Lake in British Columbia. Under the terms of the [...]
VANCOUVER, BC / ACCESSWIRE / August 24, 2015 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has closed a $500,000 private placement consisting of 10,000,000 common shares at $0.05 per share with one investor. The proceeds of the financing are being advanced to Dease Lake Jade Mine Ltd. ("DLJ") under the previously announced Joint Venture [...]
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2015) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or the "Company") reports that the Company has signed a Joint Venture Agreement with Dease Lake Jade Mine Ltd. ("Dease Lake Jade") whereby Pacific Bay will advance $500,000 to fund and participate on a 50/50 basis in the 2015 proceeds of jade mining operations on claims [...]
David H. Brett, President and CEO, Pacific Bay Minerals reports that the Company will shortly be reinstated for trading on the TSX Venture Exchange. A review of the Company's disclosures by the TSX Venture reviewed that the following updates are required. The investor relations agreement with Calibre Communication Corp. announced August 1, 2014 terminated October 31, 2014 after the three month term. The 100,000 stock [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/21/13 -- David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX VENTURE: PBM) (the "Company") reports that the Company has arranged a non-brokered private placement financing for gross proceeds of $500,000 (the "Offering"). The Offering will, subject to TSX Venture Exchange acceptance, consist of 5,000,000 units at a price of $0.10 per unit (a "Unit"), where [...]