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 [...]
Sulliden Mining Capital announces the closing of its non-brokered private placement financing for gross proceeds of $2,000,000 through the sale of 5,000,000 units at $0.40 per unit. Each unit is comprised of one common share and one?half of a share purchase warrant, which is exercisable at $0.50 for a period of five years. Sulliden intends to use the proceeds of the private placement to pursue strategic acquisitions [...]
/NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES/ TORONTO, Nov. 10, 2014 /CNW/ - Sulliden Mining Capital Inc. (TSX: SMC) announces a non-brokered private placement financing of up to 5,000,000 units at a price of $0.40 per unit for proceeds to the company of approximately $2,000,000. Each unit will be comprised of one common share and one?half of a share purchase warrant, with each whole warrant [...]
TORONTO, Oct. 20, 2014 /CNW/ - Sulliden Mining Capital Inc. (TSX: SMC) ("Sulliden" or the "Company") has entered into an agreement with Aguia Resources Ltd ("Aguia") (ASX: AGR) to acquire 40,000,000 Aguia ordinary shares, representing a 15.7% interest in Aguia. The Company has also acquired a 1% net smelter return royalty ("NSR") on the Rio Grande project held by Aguia. The aggregate purchase price for the shares and NSR [...]
TORONTO, Sept. 5, 2014 /CNW/ - Sulliden Mining Capital Inc. (TSX: SMC) ("Sulliden" or the "Company") announces that by share purchase agreement with QMX Gold Corp. (QMX: TSXV), it has agreed to acquire 1,180,505 common shares (the "Purchased Shares") of Falco Resources Ltd. ("Falco") at $0.45 per share for an aggregate purchase price of $531,227.25, representing approximately 1.6% of the issued and outstanding common [...]
Sulliden Mining Capital has appointed Wen Ye as the chief financial officer of the company effective immediately. Mrs. Wen Ye is a CPA-CGA and holds Bachelor of Commerce degree from Laurentian University. Mrs. Ye brings over 11 years of corporate and finance management experience in the public mining, securities and logistics sectors. Deborah Battiston will be stepping aside as Chief Financial officer at this time to [...]