ScoZinc Mining Ltd. announces that further to ScoZinc's news release of August 3, 2021, Fancamp Exploration Ltd. and ScoZinc have agreed to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 9, 2021. About ScoZinc Mining Ltd. ScoZinc is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities [...]
ScoZinc Mining Ltd. announces that further to ScoZinc's news release of July 14, 2021, Fancamp Exploration Ltd. has paid an additional $125,000 to ScoZinc to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 2, 2021. About ScoZinc Mining Ltd. ScoZinc is a Canadian exploration and mining company that has full ownership of the Scotia Mine and [...]
ScoZinc Mining announces that it has agreed with Fancamp Exploration Ltd. to further extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp dated February 18, 2021. Fancamp has agreed to pay ScoZinc a fee of $125,000 to extend the closing deadline to August 2, 2021. To the extent that the Transaction does not close by August 2, 2021, Fancamp may obtain a [...]
ScoZinc Mining Ltd. announces that Fancamp Exploration Ltd. is unable to meet the extended and agreed closing date of today, July 2, 2021, and that the parties are in discussions concerning the Arrangement Agreement dated February 18, 2021. ScoZinc's President and CEO, Mr. Mark Haywood, stated: "Due to issues with Fancamp holding its AGM on June 29, 2021 and its subsequent indefinite postponement as announced by them on [...]
ScoZinc Mining Ltd. is pleased to announce that pursuant to the Arrangement Agreement of February 18, 2021 between ScoZinc and Fancamp Exploration Ltd. , Fancamp and ScoZinc have executed a loan agreement of up to $250,000 required to implement the business combination which is associated with the delayed closing date. Fancamp and ScoZinc have also agreed to amend the Arrangement Agreement to extend the outside date by [...]
ScoZinc Mining Ltd. is pleased to announce that the British Columbia Supreme Court has granted a final order approving the plan of arrangement between ScoZinc and Fancamp Exploration Ltd. required to implement the business combination. ScoZinc's President and CEO, Mr. Mark Haywood, commented: "Last week, ScoZinc received overwhelming securityholder support at its Extraordinary General Meeting for the business combination [...]
ScoZinc Mining Ltd. is pleased to announce that, at the Company's Extraordinary General Meeting held on April 12, 2021, its securityholders voted overwhelmingly in favour of the resolution approving the arrangement agreement pursuant to which, inter alia, Fancamp Exploration Ltd. will indirectly acquire all of the issued and outstanding common shares of ScoZinc on the basis of 6.0 Fancamp ordinary shares for each ScoZinc [...]
ScoZinc Mining Ltd. reminds holders of its common shares, options, warrants and RSUs of the extraordinary general meeting of ScoZinc Securityholders to be held on April 12, 2021, at which the ScoZinc Securityholders will be asked to consider and, if thought advisable, pass a special resolution approving a plan of arrangement under Section 288 of the BC Business Corporations Act which will result in ScoZinc becoming a [...]
ScoZinc Mining Ltd. is pleased to announce the results of its 2021 Mineral Resource Estimate which includes a significant Gypsum mineral resource for the Scotia Mine. The President and CEO, Mr. Mark Haywood, commented: "The determination a large NI 43-101 Gypsum industrial mineral resource entirely within the ultimate pit design of the July 2020 Pre-Feasibility Study , now enables the Scotia Mine to potentially include a [...]
ScoZinc Mining Ltd. is pleased to provide the following corporate updates to its shareholders on a range of matters. The President and CEO, Mr. Mark Haywood, commented: "Following the completion of the Scotia Mine's robust Pre-Feasibility Study in July 2020, and the successful negotiations of the business combination with Fancamp Exploration, benefiting from its $25 million balance sheet, the Company has in parallel also [...]
Fancamp Exploration Ltd. and ScoZinc Mining Ltd. are pleased to announce that they will be hosting a joint Investor Presentation Webinar on March 4, 2021 at 11:30 AM to provide more details about the arrangement agreement announced by the two companies on February 18, 2021. Rajesh Sharma, Interim CEO of Fancamp, said, "Fancamp looks forward to the opportunity to further engage with the shareholders of both the companies [...]
Fancamp Exploration Ltd. and ScoZinc Mining Ltd. are pleased to announce that they have entered into a definitive arrangement agreement whereby Fancamp will indirectly acquire all of the issued and outstanding securities of ScoZinc by way of a plan of arrangement under the Business Corporations Act . Pursuant to the terms of the Arrangement Agreement, shareholders of ScoZinc will receive 6.0 common shares of Fancamp for [...]