Hornby Bay Announces Closing of Royalty Sale
Toronto, Ontario--(Newsfile Corp. - February 7, 2020) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that, further to its press release of January 30, 2020, it has completed the sale of its 5% net smelter return royalty (the "Royalty") on the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company received the initial cash payment of $2,500,000 from Copper Mountain Mine (BC) Ltd. and a promissory note in the...
2020-02-07 9:01 AM EST
Hornby Bay Announces Sale of Royalty for $5,000,000
Toronto, Ontario--(Newsfile Corp. - January 31, 2020) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that it has entered into a royalty purchase and assignment agreement with Copper Mountain Mine (BC) Ltd., a subsidiary of Copper Mountain Mining Corporation ("Copper Mountain"), for the sale of the Company's 5% net smelter return royalty (the "Royalty") on Copper Mountain's 75% owned Copper Mountain mine located in southern British Columbia near the town of...
2020-01-31 5:00 PM EST
Hornby Bay Announces Completion of Over-Subscribed Unit Private Placement
Toronto, Ontario--(Newsfile Corp. - December 6, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") is pleased to announce that it has completed the third and final tranche of its previously announced offering of 25,000,000 units ("Units") of the Company (the "Offering"), at a price of $0.05 per Unit. The Company reports that the Offering has been over-subscribed by 500,000 Units, resulting in the issuance of an aggregate of 25,500,000 Units for gross proceeds of...
2019-12-06 4:21 PM EST
Hornby Bay Announces Closing of Second Tranche of Unit Private Placement
Toronto, Ontario--(Newsfile Corp. - November 28, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that further to its press release dated November 8, 2019, announcing the completion of a first tranche of the previously announced offering of up to 25,000,000 units ("Units") of the Company (the "Offering"), it has completed a second tranche of the Offering consisting of 2,600,000 Units at a price of $0.05 per Unit for gross proceeds of $130,000. Each Unit is...
2019-11-28 3:13 PM EST
Hornby Bay Announces Closing of First Tranche of Unit Private Placement
Toronto, Ontario--(Newsfile Corp. - November 8, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that further to its press release dated October 16, 2019, announcing a proposed private placement (the "Offering") of up to 25,000,000 units ("Units") of the Company, it has completed a first tranche of the Offering consisting of 12,500,000 Units at a price of $0.05 per Unit for gross proceeds of $625,000. Each Unit is comprised of one common share (a "Common...
2019-11-08 3:50 PM EST
Hornby Bay Announces Appointment of Maurice Colson and Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - October 21, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that Mr. John Doran has resigned from the board of directors of the Company. The Company would like to thank Mr. Doran for his years of service to the Company and wish his success in his future endeavours. To fill the vacancy created by Mr. Doran's resignation, the Company is pleased to announce the appointment of Mr. Maurice Colson, a former...
2019-10-21 4:32 PM EDT
Hornby Bay Announces Retirement of James Brady
Toronto, Ontario--(Newsfile Corp. - October 16, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces the retirement of Mr. James Brady, President and Chief Executive Officer and director of the Company effective immediately. The Company is pleased to report that Mr. Fred Leigh will succeed Mr. Brady as President and Chief Executive Officer and will also join the board of directors of the Company, effective immediately.Mr. Leigh has been involved in the investment...
2019-10-16 5:00 PM EDT
Hornby Bay Announces Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - January 29, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that it has granted an aggregate of 3,000,000 options to purchase common shares of the Company exercisable at a price of $0.05 per share for a period of 5 years to directors, officers, consultants and employees of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of...
2019-01-29 4:44 PM EST
Hornby Bay Settles Debt
Toronto, Ontario--(Newsfile Corp. - February 22, 2018) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") is pleased to announce, further to its press release of January 15, 2018, the Company settled an aggregate of $1,150,000 of indebtedness owed to certain non-arm's length creditors through the issuance of an aggregate of 23,000,000 common shares ("Common Shares") of the Company at a price of $0.05 per Common Share (the "Debt Settlement"). All Common Shares issued in...
2018-02-22 3:34 PM EST
Hornby Announces Amendment to Articles to Eliminate Small Shareholdings
Toronto, Ontario--(Newsfile Corp. - February 9, 2018) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that it will effectuate a consolidation and stock split of its issued share capital, the implementation of which will result in the elimination of all shareholdings of less than 1000 shares. This transaction was approved by the shareholders of the Company at its annual and special meeting of shareholders held on January 8, 2018.The shareholdings of less than 1000...
2018-02-09 9:22 AM EST
Hornby Bay Announces Debt Settlement
Toronto, Ontario--(Newsfile Corp. - January 15, 2018) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") is pleased to announce that it has agreed to settle an aggregate of $1,150,000 of indebtedness owed to certain non-arm's length creditors through the issuance of an aggregate of 23,000,000 common shares ("Common Shares") of the Company at a price of $0.05 per Common Share (the "Debt Settlement"). All Common Shares issued in connection with the Debt Settlement are subject to...
2018-01-15 3:27 PM EST
Hornby Bay Appoints New Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - September 14, 2017) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that Ms. Rebecca Hudson has resigned as Chief Financial Officer of the Company and Mr. Arvin Ramos has been appointed Chief Financial Officer of the Company in her stead.Mr. Ramos holds a degree in commerce and is a member of the Chartered Professional Accountants of Ontario. Mr. Ramos has over 15 years of business experience, having supported a broad range of...
2017-09-14 10:49 AM EDT
Hornby Bay Files Claim Against Copper Mountain
Toronto, Ontario--(Newsfile Corp. - July 28, 2016) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) ("Hornby") announces that it has filed a claim in the Supreme Court of British Columbia against Copper Mountain Mine (BC) Ltd. ("Copper Mountain") related to Copper Mountain's failure to pay Hornby's five percent (5%) net smelter returns royalty (the "NSR") covering part of the Copper Mountain Mine. The claim requests special damages for non-payment of due royalties and general damages for...
2016-07-28 9:18 AM EDT
Hornby Bay Announces Resignation of Officer and Director
Toronto, Ontario--(Newsfile Corp. - May 29, 2015) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that, due to other time commitments, Mr. Maurice Colson has resigned from the board of directors and as an officer of the Company. The board of directors and management would like to thank Mr. Colson for his contributions to the Company and wish him every success in his future endeavors.FOR FURTHER INFORMATION, PLEASE CONTACT:Chris Irwin, Secretary(416) 361-2516Neither...
2015-05-29 2:27 PM EDT