Rogue Iron Ore is pleased to announce its spin-out company, Rapier Gold, has completed two private placements in the amount of $1,153,245 as well as secured AuRico Gold as a technical partner with a private placement of $1,410,000. The private placements consist of units of common shares at a price of $0.30 per unit with a warrant priced at 50 cents. The completion of the private placement is one of the final steps prior [...]
Rogue Iron Ore held its Special Meeting on February 22 to obtain security holder approval of the amended proposed spin-out of the Company's wholly-owned subsidiary, Rapier Gold, following the Annual General and Special meeting held December 10. The shareholder vote held at the SM for the Plan of Arrangement ("PoA") spin-out was approved by 99.7% of the voting security holders and BC Supreme Court approval was given on [...]
Rogue Iron Ore plans to hold a Special Meeting of shareholders on Friday, February 22, 2013 in order to obtain securityholder approval for an amended Plan of Arrangement to spin out its interest in Rapier Gold on a one for 4.49 ratio and complete an equity financing of up to $4.5 million. February 23, is the last day Rogue shareholders will eligible to receive Rapier shares.
Rogue Iron Ore held its Annual General and Special Meeting on December 10, 2012. The purpose of the AGSM included obtaining securityholder approval of a proposed spin-out of Rapier Gold Inc. Rapier's intention is to combine Rogue's Timmins Westproperty with Rio Tinto's adjacent Pen Gold North property where a recent gold discovery was made, creating a significant land package along the Porcupine-Destor Fault, 75 km west [...]
Rogue Iron Ore is pleased to announce that it has closed its private placement and raised an aggregate of $543,999.94 from the sale of subscription receipts that convert to 4,945,454 flow through units at a price of $0.11 per FT Unit. Each FT Unit consists of one common share of the Company and one half of one non-transferable common share purchase warrant with each whole warrant entitling the holder thereof to purchase [...]
Rogue Iron Ore is pleased to announce a non-brokered private placement to raise up to $545,000 through the issuance of up to 4.96 million subscription receipts at a price of $0.11 per Subscription Receipt. Each Subscription Receipt represents the right to receive on conversion, automatically and for no further consideration at the Conversion Date (as defined below), one (1) flow-through share (as defined in the Income Tax [...]
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