Constantine Metal Resources Ltd. is providing to shareholders information regarding the computation of shareholders' adjusted cost base for Canadian and U.S. tax purposes in connection with its Plan of Arrangement which became effective on August 1, 2019. Shareholders of Constantine whose shares were subject to the August 1, 2019 spin out transaction involving HighGold Mining Inc. should, for Canadian tax purposes [...]
Constantine Metal Resources Ltd. announces the resignations of the following officers of the Company, effective as of December 31, 2019. In June 2019, Constantine announced the spinout of its gold assets to a new company that was being created to unlock and distribute the value of Constantine's gold assets to its shareholders. Each Constantine shareholder of record on July 31, 2019 received one new company share of [...]
Constantine Metal Resources Ltd. announces the resignation of Mr. Brian Irwin from the board of directors of the Company. The following is an excerpt from Mr. Irwin's letter of resignation: "It has been my honour and pleasure to serve Constantine since its inception initially as counsel and then as a director. I am embarking on a new phase in my life in much the same way that Constantine is in moving toward the [...]
Constantine Metal Resources Ltd. is pleased to announce that it has closed its previously announced loan facility agreement with Inter World Investments Ltd. for an unsecured loan facility of US$667,800 . The Company also wishes to announce that it has signed a financial services agreement with RCI Capital Group Inc. , an independent financial advisory firm which specializes in cross-border transactions. "We thank RCI for [...]
Constantine Metal Resources Ltd. is pleased to announce that it has entered into a loan facility agreement with Inter World Investments Ltd. dated October 10, 2019 for an unsecured loan facility of US$667,800 . The Loan will have a term of five years, subject to acceleration upon the occurrence of certain events, and will bear interest at a rate of 12% per annum. The Lender is an arm's length party to the Company. The [...]
Constantine Metal Resources Ltd. is pleased to report assay results for a drill hole testing the depth extension of the RW Zone at its Palmer Joint Venture Project, Alaska . The RW Zone is located in the Palmer Deposit area and within the same folded mineralized horizon that hosts the main South Wall Zones. Expansion of the RW Zone is a priority for the Company as the RW Zone is near to planned mining infrastructure but [...]
Constantine Metal Resources Ltd. is pleased to announce that it has completed its previously announced plan of arrangement with HighGold Mining Inc. as of August 1, 2019. Under the terms of the Arrangement, Constantine transferred its gold assets to HighGold, and Constantine shareholders received one common share of HighGold for every three common shares of Constantine held. HighGold now holds the following assets: the [...]
Constantine Metal Resources Ltd. is pleased to announce that the Constantine Mining LLC Joint Venture, of which Constantine owns a 51% interest, has received all the necessary approvals to proceed with an underground exploration plan for the Palmer Zinc-Copper-Gold-Silver Project, Southeast Alaska. The approvals for this "Plan of Operations" submission include: Excavation of approximately 2,000 meters of underground ramp [...]
Constantine Metal Resources Ltd. is pleased to announce the results of the Annual General and Special Meeting of shareholders held on July 25, 2019. At the Meeting, Constantine Shareholders approved a plan of arrangement involving the Company and its wholly owned subsidiary, HighGold , pursuant to which the Company will spin-out its gold assets into HighGold. Following the Meeting, the Company was granted a final order [...]
Constantine Metal Resources Ltd. is pleased to announce that it has filed its National Instrument 43-101 report on the Preliminary Economic Assessment on the Palmer Zinc-Copper-Gold-Silver Project, Southeast Alaska entitled "NI 43-101 Technical Report, Palmer Project, Alaska, USA" dated July 18, 2019, on SEDAR at www.sedar.com. "The PEA highlights released in early June represented a significant leap forward for [...]
Constantine Metal Resources Ltd. is pleased to announce the filing of materials on SEDAR for the annual general and special meeting of shareholders to be held at 10:00 a.m. on July 25, 2019 at 666 Burrard Street, Vancouver. At the Meeting, Constantine shareholders of record as of June 18, 2019 will be asked, among other things, to consider and approve the proposed spin-out of Constantine's gold assets into its wholly [...]
Constantine Metal Resources Ltd. is pleased to report that field work resumed in June for the 2019 summer season at the Palmer Zinc-Copper-Gold-Silver Project in Southeast Alaska . Plans include a phased diamond drill program of up to 8,000 meters. The Company recently reported a positive Preliminary Economic Assessment for the Project with a post-tax NPV of US$266 million . The PEA outlined the potential for a low capex [...]
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