Sulliden Mining Capital has closed its non-brokered private placement financing for gross proceeds of $1,150,000 through the sale of 4,600,000 units at $0.25 per unit. Each unit is comprised of one common share and one share purchase warrant, which is exercisable at $0.35 for a period of two years. Sulliden intends to use the proceeds for the advancement of the Trolius Gold project, further investment opportunities and [...]
Sulliden Mining Capital announces a non-brokered private placement financing of up to 5,000,000 units at a price of $0.25 per unit for proceeds to the company of approximately $1,250,000. Each unit will be comprised of one common share and one share purchase warrant, with each warrant entitling the holder to acquire one common share at a price of $0.35 at any time within the two years following closing. Sulliden intends [...]
TORONTO, ONTARIO--(Marketwired - Jan 13, 2017) - Sulliden Mining Capital Inc. ("Sulliden" or the "Company") (TSX:SMC) reports the results of its Annual General Meeting (the "Meeting") of shareholders held on January 13, 2017 in Toronto, Canada. All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Management Information Circular, dated November 28, 2016, were approved by [...]
Sulliden Mining Capital reports that it has filed the technical report in support and confirmation of Sulliden's May 25, 2016 news release, which details an updated mineral resource estimate for the Troilus Project in the Abitibi region of Quebec, Canada. The National Instrument 43-101 compliant technical report titled "Technical Report on the Troilus Gold-Copper Mine Mineral Resource Estimate, Quebec, Canada" can be [...]
TORONTO, May 25, 2016 /CNW/ - Sulliden Mining Capital Inc. ("Sulliden" or the "Company") (TSX: SMC) is pleased to announce the completion of a mineral resource estimate for the past-producing Troilus Mine, located in the Abitibi mining region of Quebec, Canada. The mineral resource estimate, completed by Roscoe Postle Associates Inc. ("RPA"), is based on high quality historical drill data and was generated with a focus on [...]
TORONTO, May 19, 2016 /CNW/ - Sulliden Mining Capital Inc. ("Sulliden" or the "Company") (TSX: SMC) has entered into an agreement with Carpathian Gold Inc. (CSE: CPN) ("Carpathian") to acquire 71,428,571 units, or 7.9% of the issued and outstanding shares of Carpathian, at a price of CAD$0.07 per unit, for total consideration of CAD$5,000,000. Each unit consist of one (1) common share of Carpathian and one-half (0.5) of a [...]
Sulliden Mining Capital has entered into an option arrangement with First Quantum Minerals to acquire the past-producing Troilus Mine, located in the Abitibi mining region of Quebec, Canada. Justin Reid, CEO and director of Sulliden, commented, "This agreement is a step towards our strategy of building a portfolio of mining projects alongside our portfolio of investments. For over two years, we have been actively [...]
Sulliden Mining Capital is pleased to announce the appointment of Mr. Paul Pint as President of the Company, effective immediately. Mr. Pint will work alongside Justin Reid, who will continue to serve as Sulliden's CEO and Director. Paul Pint, CPA, CA, is a capital markets professional with over 20 years of experience. Mr. Pint began his capital markets career on the institutional equity team at a large Canadian financial [...]
Sulliden Mining Capital Inc. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated November 20, 2015 for the 2015 Annual and General Meeting of Shareholders of the Company were elected as directors of the Company. 46% of all of the issued and outstanding shares of the Company were represented at the Meeting. Detailed results of the [...]
TORONTO, April 29, 2015 /CNW/ - Sulliden Mining Capital Inc. ("Sulliden" or the "Company") (TSX: SMC) and Coastal Gold Corp. ("Coastal Gold") (TSXV: COD) have signed an amendment to the definitive arrangement agreement entered into among the parties on March 1, 2015 (see Press release dated March 1, 2015) (the "Amendment Agreement") pursuant to which Sulliden will acquire all of the issued and outstanding common shares of [...]
TORONTO, March 2, 2015 /CNW/ - Sulliden Mining Capital Inc. ("Sulliden" or the "Company") (TSX: SMC) and Coastal Gold Corp. ("Coastal Gold") (TSXV: COD) have signed a definitive arrangement agreement (the "Agreement") pursuant to which Sulliden will acquire all of the issued and outstanding common shares of Coastal Gold by way of a plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction [...]
TORONTO, Dec. 30, 2014 /CNW/ - Sulliden Mining Capital Inc. (TSX: SMC) ("Sulliden") is pleased to announce the addition of Diane Lai to its Board of Directors effective immediately. Diane Lai brings over 22 years of global experience in business development, management and acquisitions. She formerly worked at Vodaphone in the United Kingdom and Entrata Communications in California, before returning to Canada where she [...]