ScoZinc Provides a Corporate Update on the Fancamp Transaction
Halifax, Nova Scotia--(Newsfile Corp. - July 2, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that Fancamp Exploration Ltd. ("Fancamp") is unable to meet the extended and agreed closing date of today, July 2, 2021, and that the parties are in discussions concerning the Arrangement Agreement dated February 18, 2021. ScoZinc's President and CEO, Mr. Mark Haywood, stated: "Due to issues with Fancamp holding its AGM on June 29, 2021 and its subsequent indefinite...
2021-07-02 8:06 AM EDT
ScoZinc Executes Loan Agreement with Fancamp and Schedules Closing Date
Halifax, Nova Scotia--(Newsfile Corp. - May 19, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that pursuant to the Arrangement Agreement of February 18, 2021 between ScoZinc and Fancamp Exploration Ltd. ("Fancamp"), Fancamp and ScoZinc have executed a loan agreement of up to $250,000 required to implement the business combination (the "Transaction") which is associated with the delayed closing date. Fancamp and ScoZinc have also agreed to amend...
2021-05-19 8:56 AM EDT
ScoZinc Receives Court Approval for Arrangement with Fancamp
Halifax, Nova Scotia--(Newsfile Corp. - April 20, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that the British Columbia Supreme Court has granted a final order approving the plan of arrangement between ScoZinc and Fancamp Exploration Ltd. ("Fancamp") required to implement the business combination (the "Transaction"). ScoZinc's President and CEO, Mr. Mark Haywood, commented: "Last week, ScoZinc received overwhelming securityholder support at its...
2021-04-20 11:30 AM EDT
ScoZinc Securityholders Approve Arrangement with Fancamp
Halifax, Nova Scotia--(Newsfile Corp. - April 12, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that, at the Company's Extraordinary General Meeting held on April 12, 2021, its securityholders voted overwhelmingly in favour of the resolution approving the arrangement agreement pursuant to which, inter alia, Fancamp Exploration Ltd. ("Fancamp") will indirectly acquire all of the issued and outstanding common shares of ScoZinc on the basis of 6.0...
2021-04-12 5:01 PM EDT
ScoZinc Reminds Securityholders to Vote in Favour of Proposed Business Combination at its April 12, 2021 Extraordinary General Meeting
Halifax, Nova Scotia--(Newsfile Corp. - April 1, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") reminds holders of its common shares, options, warrants and RSUs (the "ScoZinc Securityholders") of the extraordinary general meeting of ScoZinc Securityholders to be held on April 12, 2021 (the "EGM"), at which the ScoZinc Securityholders will be asked to consider and, if thought advisable, pass a special resolution approving a plan of arrangement under Section 288 of the BC...
2021-04-01 6:30 PM EDT
ScoZinc Adds Large Gypsum Mineral Resource and a Potential Third Revenue Stream to the Scotia Mine
Halifax, Nova Scotia--(Newsfile Corp. - March 22, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce the results of its 2021 Mineral Resource Estimate which includes a significant Gypsum mineral resource for the Scotia Mine. The President and CEO, Mr. Mark Haywood, commented: "The determination a large NI 43-101 Gypsum industrial mineral resource entirely within the ultimate pit design of the July 2020 Pre-Feasibility Study ("PFS"), now enables the...
2021-03-22 7:45 AM EDT
ScoZinc Provides a Corporate Update & Joint Management Presentation with Fancamp Exploration
Halifax, Nova Scotia--(Newsfile Corp. - February 26, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to provide the following corporate updates to its shareholders on a range of matters. The President and CEO, Mr. Mark Haywood, commented: "Following the completion of the Scotia Mine's robust Pre-Feasibility Study in July 2020, and the successful negotiations of the business combination with Fancamp Exploration, benefiting from its $25 million balance sheet, the...
2021-02-26 7:45 AM EST
Fancamp and ScoZinc to Host Joint Investor Presentation Webinar on March 4, 2021
Quebec and Halifax, Nova Scotia--(Newsfile Corp. - February 24, 2021) - Fancamp Exploration Ltd. (TSXV: FNC) ("Fancamp") and ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc") are pleased to announce that they will be hosting a joint Investor Presentation Webinar on March 4, 2021 at 11:30 AM (EST) to provide more details about the arrangement agreement announced by the two companies on February 18, 2021. Rajesh Sharma, Interim CEO of Fancamp, said, "Fancamp looks forward to the opportunity to...
2021-02-24 11:51 AM EST
Fancamp and ScoZinc Announce Business Combination to Advance the Scotia Zinc & Lead Mine to Commercial Production
Quebec and Halifax, Nova Scotia--(Newsfile Corp. - February 18, 2021) - Fancamp Exploration Ltd. (TSXV: FNC) ("Fancamp") and ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc") are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") whereby Fancamp will indirectly acquire all of the issued and outstanding securities of ScoZinc by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) (the...
2021-02-18 9:14 AM EST
ScoZinc Adds Gypsum Rights & Provides Corporate Updates
Halifax, Nova Scotia--(Newsfile Corp. - December 23, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that it has confirmed its gypsum surface rights at the Scotia Mine and is currently proceeding towards a new NI 43-101 Technical Report to determine the additional economics to be added to the Project due to the gypsum potential exploitation. The President and CEO, Mr. Mark Haywood, commented: "Although the Scotia Mine's Pre-Feasibility Study (See NI...
2020-12-23 6:00 PM EST
ScoZinc Announces Changes to Its Board of Directors
Halifax, Nova Scotia--(Newsfile Corp. - December 2, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces changes to its Board of Directors. The President and CEO, Mr. Mark Haywood, commented: "Following on from our AGM last month, Mr. Victor Lazarovici (former Chairman) and Mr. Michael Surratt retired from the Board, having been long-serving directors of ScoZinc. Their technical and corporate expertise has been invaluable to the Company and I would like to express my...
2020-12-02 9:45 PM EST
ScoZinc Receives Strong Stakeholder Support & Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - November 6, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to provide the following corporate updates to its shareholders on a range of matters. The President and CEO, Mr. Mark Haywood, commented: "We are sincerely grateful to one of our main stakeholders, the Government of Nova Scotia, who has contributed financially towards the completion of our 2020 Pre-Feasibility Study via a grant from the Mineral Resource...
2020-11-06 7:45 AM EST
ScoZinc Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - September 4, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to provide the below corporate updates to its shareholders on a range of matters. The President and CEO, Mr. Mark Haywood, commented: "Since the completion of our positive Pre-Feasibility Study on the Scotia Mine, which demonstrates compelling economics with Pre-Tax NPV of C$156M and an IRR of 52%, coupled with a Life of Mine industry leading low...
2020-09-04 4:45 PM EDT
ScoZinc Files Scotia Mine Pre-Feasibility Study Technical Report
Halifax, Nova Scotia--(Newsfile Corp. - July 29, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that the National Instrument 43-101 ("NI 43-101") Scotia Mine Pre-Feasibility Study Technical Report has been filed on SEDAR (www.sedar.com), pursuant to the news release dated July 7, 2020. The President and CEO, Mr. Mark Haywood, commented: "Our technical teams and independent experts have worked tirelessly to deliver the Scotia Mine's Pre-Feasibility...
2020-07-29 5:00 PM EDT
ScoZinc Announces Robust Results of Its Scotia Mine Pre-Feasibility Study: Pre-Tax NPV of C$156M and IRR of 52%
Halifax, Nova Scotia--(Newsfile Corp. - July 7, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce the results of its Pre-Feasibility Study (the "PFS"), including its first NI 43-101 Mineral Reserve Estimate ("2020 Mineral Reserve") for its wholly-owned and fully-permitted Scotia Mine ("Scotia Mine" or the "Project"), located in Nova Scotia, Canada. The PFS was prepared in collaboration with the independent engineering firms of Ausenco Engineering...
2020-07-07 7:30 AM EDT
ScoZinc Announces Filing of its 2019 Audited Financial Results and Stock Options Grant
Halifax, Nova Scotia--(Newsfile Corp. - June 18, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that on Monday, 15th June 2020, the Company filed its 2019 Audited Annual Financial Statements and associated Management's Discussion and Analysis ("MD&A"). The President and CEO, Mr. Mark Haywood, stated: "Management is pleased to report that our audit team successfully completed the annual audit requirements on schedule with the Board of Directors' approval of the...
2020-06-18 7:00 PM EDT
ScoZinc Announces Board and Management Cost Savings plus an Update on Its Upcoming Financial Reports
Halifax, Nova Scotia--(Newsfile Corp. - June 3, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to provide a corporate update on certain noteworthy cost saving measures and the timeline for its upcoming financial reporting under the ongoing COVID-19 Pandemic conditions. The President and CEO, Mr. Mark Haywood, stated: "Now that we have successfully completed our 130% oversubscribed equity financing, I am pleased to announce that to further strengthen the...
2020-06-03 4:45 PM EDT
ScoZinc Announces the Closing of the Third & Final Oversubscribed Tranche of Its C$1,150,000 Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - May 29, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce it has closed its third and final tranche of its non-brokered private placement. The President and CEO, Mr. Mark Haywood, stated: "Due to overwhelming demand for our equity financing, we closed our private placement today, which was effectively sold out by 130%. We are now fully financed to conclude our previously announced Pre-Feasibility Study ("PFS")...
2020-05-29 5:33 PM EDT
ScoZinc Announces an Additional Tranche of Its Oversubscribed $1,150,000 Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - May 26, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce it has increased its non-brokered private placement. The President and CEO, Mr. Mark Haywood, stated: "Following the oversubscribed private placement of last week, a number of investors were unable to participate in our offering due to the upper limits the Company had originally set on the equity financing. Despite the negative impact of the ongoing...
2020-05-26 7:52 AM EDT
ScoZinc Announces the Oversubscribed Closing of Its Non-Brokered $1,000,000 Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - May 22, 2020) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce the closing of its second and oversubscribed tranche of a previously announced non-brokered private placement. The President and CEO, Mr. Mark Haywood, stated: "The Company is overwhelmed with the additional investor support from insiders and new strategic investors. Despite world disruptions due to the COVID-19 Pandemic, our private placement equity...
2020-05-22 7:45 PM EDT