MBMI Resources Inc. Announces Completion of Going Private Transaction
Markham, Ontario--(Newsfile Corp. - March 25, 2020) - MBMI Resources Inc. (the "Company" or "MBMI") announces that following close of business on March 24, the Company's common shares were delisted by the TSX Venture Exchange and the Company has subsequently effected the consolidation of its outstanding common shares on a 360,000 to 1 basis (the "Consolidation") which completed the previously announced going private transaction (the "Going Private Transaction") with Techlink Venture Limited....
2020-03-25 8:18 AM EDT
MBMI Resources Inc. Announces Effective Dates of TSXV Delisting and Share Consolidation
Markham, Ontario--(Newsfile Corp. - March 13, 2020) - MBMI Resources Inc. (NEX: MBR.H) (the "Company" or "MBMI") announces that the Company has received the approval for its delisting application (the "Delisting Application") from the NEX Board of the TSX Venture Exchange (the "Exchange") and anticipates that the common shares of the Company ("Common Shares") will be delisted from the Exchange after market close on Tuesday, March 24. In addition, the Company intends to effect the share...
2020-03-13 4:30 PM EDT
MBMI Resources Inc. Announces Going Private Transaction
Markham, Ontario--(Newsfile Corp. - January 10, 2020) - MBMI Resources Inc. (NEX: MBR.H) (the "Company" or "MBMI") announces that it has entered into a binding support agreement (the "Support Agreement") with Techlink Venture Limited ("Techlink") for a going private transaction (the "Going Private Transaction") to be completed by way of consolidation of the Company's issued and outstanding common shares on the basis of one post-consolidation common share for every 360,000 pre-consolidation...
2020-01-10 4:30 PM EST
MBMI Resources Inc. Announces Change in Directors
Markham, Ontario--(Newsfile Corp. - December 9, 2019) - MBMI Resources Inc. (NEX: MBR.H) (the "Company" or "MBMI") announces with great sadness that Christopher Aiello, a director of the Company, has passed away from illness. Mr. Aiello's contributions to the Company over the years were gratefully appreciated and he will be deeply missed. Eric Chan, the CFO of the Company, has been appointed a director of the Company by the board of directors to fill the vacancy in the...
2019-12-09 12:23 PM EST
MBMI Resources Inc. Closes Private Placement
Markham, Ontario--(Newsfile Corp. - October 11, 2019) - MBMI Resources Inc. (TSXV: MBR.H) (the "Company" or "MBMI") is pleased to announce the closing of a non-brokered private placement of 909,091 Common Shares in the capital of the Company at a price of $0.11 per share for aggregate gross proceeds of $100,000 (the "Private Placement"). The proceeds of the Private Placement will be used to finance the Company's general working capital. All securities issued pursuant to the Private Placement...
2019-10-11 2:30 PM EDT
MBMI Resources Inc. Announces Effective Date of Share Consolidation
Markham, Ontario--(Newsfile Corp. - August 27, 2019) - MBMI Resources Inc. (NEX: MBR.H) (the "Company" or "MBMI") announced today that it will implement the previously announced proposed consolidation (the "Consolidation") of the outstanding common shares of the Corporation (the "Common Shares") on the basis of eight (8) pre-Consolidation Common Shares for one (1) post-Consolidation Common Share, effective as of August 29, 2019. The Company has obtained the requisite shareholder approval in...
2019-08-27 11:41 AM EDT
MBMI Resources Inc. Announces Proposed Share Consolidation
Markham, Ontario--(Newsfile Corp. - July 2, 2019) - MBMI Resources Inc. (TSXV: MBR.H) (the "Company" or "MBMI") intends to consolidate its common shares on an 8 for 1 basis (the "Share Consolidation") in order to facilitate a non-brokered private placement for aggregate gross proceeds up to $200,000. The terms of the proposed private placement remain subject to negotiation between the Company and the prospective investors. The proposed Share Consolidation is subject to the requisite approval...
2019-07-02 9:05 AM EDT
MBMI Resources Inc. Successfully Defended Against Palawan Alpha Lawsuit
Markham, Ontario--(Newsfile Corp. - June 27, 2019) - MBMI Resources Inc. (TSXV: MBR.H) (the "Company" or "MBMI") is pleased to announce that it has successfully defended against certain legal proceedings initiated by Palawan Alpha South Resource Development Corporation ("Palawan Alpha") in 2012 in a regional trial court in the Philippines (the "Court"). For more details relating to the initial complaint filed by Palawan Alpha (the "Complaint"), please refer to the Company's press release...
2019-06-27 9:08 AM EDT
MBMI Resources Inc. Closes Private Placement
Markham, Ontario--(Newsfile Corp. - July 20, 2018) - MBMI Resources Inc. (NEX: MBR.H) (the "Company" or "MBMI") is pleased to announce the closing of its previously announced private placement of 8,000,000 common share units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $400,000 (the "Private Placement"). Each Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles its holder to purchase one common...
2018-07-20 11:27 AM EDT
MBMI Resources Inc. Announces Private Placement Financing
Markham, Ontario--(Newsfile Corp. - July 6, 2018) - MBMI Resources Inc. (NEX: MBR.H) (the "Company" or "MBMI") announced today a non-brokered private placement consisting of up to 8,000,000 units (the "Units") at $0.05 per Unit for gross proceeds of up to $400,000 (the "Offering"). Each Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles its holder to purchase one common share in the capital of the...
2018-07-06 10:33 AM EDT
MBMI Resources Inc. Announces Reinstatement of Trading
Markham, Ontario--(Newsfile Corp. - January 22, 2018) - MBMI Resources Inc. (TSXV: MBR.H) (the "Company" or "MBMI") is pleased to announce that further to its press release dated January 9, 2018 announcing the revocation of the Cease Trade Orders imposed on the Company by the securities regulators, the TSX Venture Exchange has completed its reinstatement review of the Company and advised that the common shares of the Company are scheduled to be reinstated for trading on the NEX board of...
2018-01-22 5:00 PM EST
IIROC Trade Resumption - MBMI Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2018) - Trading resumes in: Company: MBMI Resources Inc.
2018-01-22 4:08 PM EST
MBMI Resources Inc. Announces Revocation of Cease Trade Orders
Markham, Ontario--(Newsfile Corp. - January 9, 2018) - MBMI Resources Inc. (the "Company" or "MBMI") is pleased to announce that the cease trade orders (the "CTOs") issued by the British Columbia Securities Commission (the "BCSC") and the Alberta Securities Commission (the "ASC", together with the BCSC, the "Commissions") have been revoked. The CTOs were issued by the BCSC and the ASC on June 7, 2013 and September 6, 2013 respectively, as a result of the failure of the Company, under...
2018-01-09 3:40 PM EST
MBMI Resources Inc. Announced Filing of Updated Technical Report for Its Alpha Nickel Project
Markham, Ontario--(Newsfile Corp. - December 21, 2017) - MBMI Resources Inc. (the "Company" or "MBMI") announced that it has filed an updated technical report (the "Updated Technical Report") for its Alpha Nickel Project located in the Municipality of Narra, Province of Palawan in the Philippines (the "Alpha Project"). The Updated Technical Report has been prepared to update the technical report for the Company's Alpha Nickel Project dated May 14, 2009 (the "2009 Technical Report") and is...
2017-12-21 2:28 PM EST