Moon River Capital Ltd. to Acquire 25% Interest in the Endako Molybdenum Mine
Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - Moon River Capital Ltd. (TSXV: MOO) ("Moon River" or the "Company") is pleased to announce that it has signed a share purchase agreement (the "SPA") dated February 28, 2024 with Sojitz Corporation ("Sojitz"), a Japanese multi-national company, to indirectly acquire through the acquisition of Sojitz Moly Resources Inc. ("SMR") (the "Acquisition"), a wholly-owned subsidiary of Sojitz, (i) a 25% participating interest in the Endako...
2024-02-28 7:30 AM EST
Moon River Capital Ltd. Announces Robust Positive Preliminary Economic Assessment of Davidson Molybdenum Project
HIGHLIGHTS: Pre-tax net present value ("NPV") of $1.04 billion and Internal Rate of Return ("IRR") of 32% and an after-tax NPV of $602 million and an IRR of 24% at an 8% discount rate and assuming a long-term molybdenum("Mo") price of $US47.39 per ('kg") or $US21.50 per pound ("lb"); 20-year mine life based on 7,000 tonnes of mill throughput per day or 2.5 million tonnes per year; Initial capital cost of $575 million including $109 million of contingency; Annual average production of...
2024-02-22 7:00 AM EST
Moon River Reports Significant Rare Earth Elements, Tungsten and Gallium in Davidson Deposit
Toronto, Ontario--(Newsfile Corp. - January 29, 2024) - Moon River Capital Ltd. (TSXV: MOO) ("Moon River" or the "Company") is pleased to announce that assays from 41 samples of mineralization from the Davidson Molybdenum Deposit ("Davidson Project"), near Smithers, B.C., contain significant amounts of Rare Earth Elements ("REEs"), tungsten and gallium. To the Company's knowledge, assays for REEs and gallium have not been previously undertaken on this deposit, and tungsten was not included in...
2024-01-29 4:15 PM EST
Moon River Capital Ltd. Announces That Capital Markets Advisory CA Has Been Retained to Provide Communications Services
Toronto, Ontario--(Newsfile Corp. - December 20, 2023) - Moon River Capital Ltd. (TSXV: MOO) ("Moon River" or the "Company") is pleased to announce that it has engaged Capital Markets Advisory CA ("Capital Markets") to increase market awareness of Moon River and the profile of the Company in the Investment Community. Based in Toronto, Capital Markets has over 30 years of experience in capital markets and will provide communications services to the Company, including introducing and connecting...
2023-12-20 8:20 PM EST
Moon River Capital Ltd. Announces Engagement of A-Z Mining Professionals Ltd. and Commencement of Work on a Preliminary Economic Assessment on the Davidson Molybdenum Deposit
Toronto, Ontario--(Newsfile Corp. - December 6, 2023) - Moon River Capital Ltd. (TSXV: MOO) ("Moon River" or the "Company") is pleased to announce that it has engaged A-Z Mining Professionals Ltd. ("AMPL") to complete a Preliminary Economic Assessment ("PEA") to determine the economic potential for the Davidson Molybdenum Deposit near Smithers, in west-central British Columbia, Canada. The PEA will utilize the latest Mineral Resource Estimate completed by AMPL and contained in the Technical...
2023-12-06 1:51 PM EST
Moon River Capital Ltd. Announces Resumption of Trading on TSX Venture Exchange
Toronto, Ontario--(Newsfile Corp. - November 20, 2023) - Moon River Capital Ltd. (TSXV: MOO) ("Moon River" or the "Company") is pleased to announce that the Company's common shares will commence trading on the TSX Venture Exchange at the opening of market on November 20, 2023 under the symbol "MOO". About Moon River Moon River is a Canadian-based resource company focused on the acquisition, exploration and development of mineral projects. Moon River is focused on the development of the...
2023-11-20 8:00 AM EST
Moon River Capital Ltd. Completes Proposed Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - November 15, 2023) - Moon River Capital Ltd. (TSXV: MOO.P) ("Moon River" or the "Company") is pleased to announce that it has completed its previously announced acquisition (the "Transaction") of all of Generation Mining Ltd.'s ("GM") right and interest in a mineral property including six (6) mineral leases covering approximately 1,631.8 hectares located near the town of Smithers, British Columbia, which hosts a large molybdenum-tungsten deposit (the...
2023-11-15 5:00 PM EST
Moon River Capital Ltd. Announces Filing of Filing Statement with Respect to Its Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - November 2, 2023) - Moon River Capital Ltd. (TSXV: MOO.P) ("Moon River" or the "Company"), is pleased to announce that, in connection with its previously announced proposed qualifying transaction (the "Proposed Transaction"), the Company has received conditional approval from the TSX Venture Exchange ("TSXV") and has filed a filing statement dated October 31, 2023, prepared in connection with the Proposed Transaction (the "Filing Statement") on the...
2023-11-02 11:45 AM EDT
Moon River Capital Ltd. Announces Closing of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - October 25, 2023) - Moon River Capital Ltd. (TSXV: MOO.P) ("Moon River" or the "Company"), a capital pool company ("CPC") pursuant to Policy 2.4 - Capital Pool Companies ("Policy 2.4") of the TSX Venture Exchange (the "TSXV"), is pleased to announce that further to its press releases of September 13, 2023 and September 22, 2023, it has closed its previously announced non-brokered private placement of subscription receipts ("Subscription Receipts") through...
2023-10-25 5:30 PM EDT
Moon River Capital Ltd. Announces Upsize to Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - September 22, 2023) - Moon River Capital Ltd. (TSXV: MOO.P) ("Moon River" or the "Company"), a capital pool company ("CPC") pursuant to Policy 2.4 - Capital Pool Companies ("Policy 2.4") of the TSX Venture Exchange (the "TSXV"), is pleased to announce that further to its press release of September 13, 2023, its previously announced non-brokered private placement of subscription receipts ("Subscription Receipts") at a price of $0.25 per Subscription Receipt...
2023-09-22 10:13 AM EDT
Moon River Capital Ltd. Announces Definitive Agreement for Proposed Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - September 13, 2023) - Moon River Capital Ltd. (TSXV: MOO.P) ("Moon River" or the "Company"), a capital pool company ("CPC") pursuant to Policy 2.4 - Capital Pool Companies ("Policy 2.4") of the TSX Venture Exchange (the "TSXV"), is pleased to announce it has entered into an asset purchase agreement dated September 13, 2023 (the "Agreement") with Generation Mining Ltd. ("GM"), pursuant to which Moon River will acquire all of GM's right, title and interest in...
2023-09-13 5:15 PM EDT
Moon River Capital Ltd. Announces Approval of Meeting Matters and Changes Pursuant to New CPC Policy
Toronto, Ontario--(Newsfile Corp. - March 3, 2022) - Moon River Capital Ltd. (TSXV: MOO.P) ("Moon River" or the "Company"), a capital pool company ("CPC") pursuant to Policy 2.4 of the TSX Venture Exchange (the "TSXV"), is pleased to announce the voting results of its annual and special meeting of shareholders held on March 1, 2022 in Toronto, Ontario (the "Meeting"). In addition to the election of directors, the re-appointment of the auditors and the re-approval of the Company's stock option...
2022-03-03 8:41 AM EST
Moon River Capital Ltd. Announces Termination of Letter of Intent for a Qualifying Transaction with A.T.S. (Advanced Test Solutions Ltd.), the Resumption of Trading, Corporate Updates, and Proposed Changes in Accordance with the New CPC Policy
Toronto, Ontario--(Newsfile Corp. - January 24, 2022) - Moon River Capital Ltd. (TSXV: MOO) (the "Company" or "Moon River"), a capital pool company listed on the TSX Venture Exchange (the "TSXV"), announces the following: Termination of Letter of Intent The Company's previously announced letter of intent with respect to the Company's proposed qualifying transaction ("Qualifying Transaction") with Advanced Test Solutions Ltd. d/b/a ATS Engineering ("ATS"), first announced on August 27, 2021,...
2022-01-24 11:58 AM EST
Moon River Capital Ltd. Enters into Letter of Intent for Qualifying Transaction with A.T.S. - Advanced Test Solutions Ltd.
Toronto, Ontario--(Newsfile Corp. - August 27, 2021) - Moon River Capital Ltd. (TSXV: MOO.P) (the "Company") is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") with A.T.S. - Advanced Test Solutions Ltd. d/b/a ATS Engineering ("ATS") dated August 26, 2021, which outlines the general terms and conditions of a proposed business combination, by way of a three-corner amalgamation, merger, share exchange, plan of arrangement or other similarly structured...
2021-08-27 12:20 PM EDT
Moon River Capital Ltd. Completes Initial Public Offering
Toronto, Ontario--(Newsfile Corp. - March 20, 2020) - Moon River Capital Ltd. (the "Company") is pleased to announce that on March 20, 2020 it completed an initial public offering (the "Offering") in British Columbia, Alberta, Manitoba, Saskatchewan and Ontario of 2,600,000 common shares ("Common Shares") in the capital of the Company at a price of $0.10 per common share for gross proceeds of $260,000. Following the closing of the Offering, a total of 11,400,000 Common Shares were issued and...
2020-03-20 9:34 AM EDT