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 [...]
Rio Alto Mining and Sulliden Gold have completed the previously announced plan of arrangement, pursuant to which Rio Alto acquired all of the issued and outstanding common shares of Sulliden. As of today, and including the 151,694,886 Rio Alto common shares issued as consideration under the Arrangement, Rio Alto has 328,802,568 common shares issued and outstanding. No Rio Alto common shares were issued under the [...]
Rio Alto and Sulliden Gold are pleased to announce that each company held a special meeting of shareholders earlier today, and the previously announced plan of arrangement involving Rio Alto, Sulliden, Sulliden Mining Capital Inc., a wholly owned subsidiary of Sulliden, and shareholders of Sulliden was approved by the shareholders of each of Rio Alto and Sulliden. 99.8% of the shares represented at Rio Alto's special [...]
Sulliden Gold is pleased to announce the TSX has conditionally approved the listing of the common shares of the Company's wholly-owned subsidiary, Sulliden Mining Capital Inc.. SpinCo will trade under the ticker symbol: SMC. As part of a plan of arrangement between Rio Alto Mining, the Company, and SpinCo pursuant to an arrangement agreement dated June 13, as amended, it is expected that current shareholders of Sulliden [...]