Iconic is pleased to announce commencement of exploration drilling at its New Pass Property, located in Central Nevada, approximately 27 miles (43 km) west of Austin. The program, which is part of a 50/50 joint venture with McEwen Mining Inc., will attempt to expand the existing resource (see below) at this bulk minable, heap leach gold/silver target. Meanwhile, Iconic has initiated work on permitting a Plan of Operation [...]
Iconic Minerals announces that it has closed the private placement announced in a News Release dated December 18, 2012. On January 25 and February 26, 2013 the Company received acceptance from the TSX Venture Exchange to close the private placement. In accordance with the provisions of the Subscription Agreements, on February 27, 2013, the Company issued a total of 7,700,000 Units at $0.05 per Unit, each Unit consisting [...]
Iconic Minerals announces that it has negotiated, subject to acceptance by the Exchange, a private placement for gross proceeds of up to $1,000,000. Accordingly, upon receipt of acceptance from the TSX Venture Exchange, the Company will issue up to 20,000,000 Units (the "Units") at a price of $0.05 per Unit, each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof [...]
Iconic announces, further to its News Release dated October 2, 2012, that the Company has filed the National Instrument 43101 technical report titled "Technical Report on the Hercules Property, Lyon County, Nevada" dated effective September 7, 2012, prepared by Douglas H. McGibbon, which will be available under the Company's profile on the SEDAR website on October 4, 2012.
Iconic Minerals announces this update to the Company's August 31, 2012 news release concerning a resource estimate and technical report on its Hercules project in Nevada, and the ongoing technical review by the British Columbia Securities Commission. The Company is coordinating the finalization of a National Instrument 43‐101 ("NI 43‐101") technical report dated effective September 7, 2012 prepared for the Company by [...]
Bonaventure announces that the Effective Date for its name change to Iconic Minerals Ltd. and the consolidation of its issued share capital on a ten (10) old shares for one (1) new share basis will be March 3, 2011. Accordingly, at market open on March 3, 2011, the Company's common shares will commence trading as Iconic Minerals Ltd. under TSX-V trading symbol: ICM.
Bonaventure announces that it has settled outstanding debts in the aggregate amount of Cdn$169,089.85 by the issuance of a total of 3,381,797 common shares at a deemed price of $0.05 per share. The debt settlement was accepted for filing by the TSX Venture Exchange on January 14, 2011, and accordingly on that date the Company issued the Debt Shares, which are subject to a hold period under applicable Canadian securities [...]
Bonaventure announces that it intends to seek shareholder approval at its Annual General Meeting scheduled to be held on February 15, 2011 to a proposed consolidation of its share capital on 10 old shares for one new share basis, or such lesser whole number of pre-consolidated shares that the directors in their discretion may determine, to be implemented by the Company's Board of Directors in its discretion within six [...]
Bonaventure announces that it as negotiated a settlement with certain creditors for outstanding debts in the aggregate amount of Cdn$3,783,023.32, subject to acceptance by the TSX Venture Exchange. Of the Debt owing, $169,089.85 will be settled by the issuance of 3,381,797 common shares at a deemed price of Cdn$0.05 per share. The remaining Cdn$3,613,933.47 will be settled as follows: (a) 10% will be repaid from proceeds [...]
Further to our news releases of May 14th, May 17th and June 17, 2010, we have now SEDAR filed a further amended NI 43-101 compliant technical report prepared on the New Pass Property, located in Central Nevada, approximately 27 miles west of Austin. The Company retracts the use of 'Indicated Resource' and now is reporting the resource as an 'Inferred Resource'. The Company also retracts the 'Inferred Resource' stated [...]
The Company has decided not to continue with the drilling program referenced in the news releases of January 28, 2009 and June 3, 2009, has not completed a National Instrument ('NI') 43-101 report, and does not have a resource estimate or estimates of quantity-grade ranges for the uranium exploration target at the K-9 Property. The Company wishes to retract information about uranium quantity estimates and value contained [...]