Ascendant Resources is pleased to announce that, in connection with its marketed public offering previously announced on February 21, 2017, it has entered into an underwriting agreement with Eight Capital as the sole underwriter and bookrunner in respect of the Offering to sell 20,500,000 units of the Company at a price of $0.85 per Unit for [...]
Ascendant Resources is pleased to announce that it has filed a preliminary short form prospectus in connection with a marketed public offering of units, with each Unit comprised of one common share and one-half of one Common Share purchase warrant. The Offering will be conducted through Eight Capital (the "Underwriter") as the sole underwriter and [...]
Ascendant Resources is pleased to announce it has completed its first zinc concentrate shipment from the El Mochito mine marking a significant milestone for the Company since acquiring the operation in late Dec, 2016. The Company's sale of approximately 5,000 tonnes of zinc concentrate has left the Port of Cortes, Honduras, having met all required [...]
Ascendant Resources is pleased to announce it has reached agreement between its mine workers and new union representatives to resume full operations at the El Mochito Mine during today's afternoon shift. President and CEO, Chris Buncic commented, "Although the temporary delay in operations was unfortunate, we are very pleased that both sides were [...]
Ascendant Resources is pleased to provide a progress report further to the operational update issued January 17th, 2017. Following the change of ownership on December 20, 2016 the Ascendant management team has had the opportunity to undertake a more detailed review of current mine operations with the mine staff and its technical consultants in [...]
Ascendant Resources is pleased to announce that the final receipt has been issued by the Ontario Securities Commission and the securities regulatory authorities in the provinces of British Columbia, Alberta, and New Brunswick for a final short form prospectus, filed by the Company on January 17th, 2017. The Prospectus qualifies 39,000,000 common [...]
Morumbi Resources is pleased to announce that the Company has today completed its acquisition of all of the outstanding shares of American Pacific Honduras from affiliates of Nyrstar and assumed ownership and control of the producing El Mochito zinc, silver and lead mine in Honduras. In tandem with the completion of the Acquisition and following [...]
Morumbi Resources is pleased to announce that, further to the company's previous news releases concerning its acquisition of the El Mochito zinc mine in Honduras from affiliates of Nyrstar, the Honduran Commission for the Defense and Promotion of Competition has provided the necessary approval of the joint application by the Company and Nyrstar for [...]
Morumbi Resources is pleased to announce that, further to the company's previous news releases concerning its acquisition of the El Mochito zinc mine in Honduras from affiliates of Nyrstar, the Company has satisfied all conditions precedent to the completion of the Acquisition capable of being satisfied prior to closing, other than the approval of [...]
Morumbi Resources is pleased to announce that, further to the Company's September 22, 2016 announcement of its agreement with certain affiliates of Nyrstar to purchase 100% of Nyrstar's indirect subsidiary American Pacific Hondura and its flagship asset, the producing El Mochito zinc mine in Honduras, the Company has received conditional approval [...]
Morumbi Resources is pleased to announce the appointments of Mr. Clifford Hale-Sanders to the position of Executive Vice President effective November 1 and Mr. Rohan Hazelton to the position of Chief Financial Officer and Corporate Secretary, effective November 15. Mr. Hale-Sanders career has spanned approximately 20 years in the capital markets [...]
Morumbi is pleased to announce the closing of its previously announced private placement financing of subscription receipts of the Company at a price of $0.50 per Subscription Receipt for aggregate gross proceeds of approximately $19.5 million. The Offering was led by Dundee Securities. The Subscription Receipts were issued pursuant to a [...]
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