Resinco CP (RIN.TO) - Neustart mit langfristiger Erfolgsaussicht (Seite 81)

[Hanfy]

Salmon receives Australia court OK to wind up unit

2013-04-24 10:32 ET - News Release

Mr. Garry Stein reports

SALMON RIVER PROVIDES FURTHER UPDATE

Salmon River Resources Ltd., together with its subsidiaries, individually and jointly referred to as Salmon River, has provided a further update to its press release of March 25, 2013.

A creditor of one of Salmon River's wholly owned subsidiaries has received approval in the Supreme Court of Western Australia for a winding up of the subsidiary. The subsidiary has been an operating exploration subsidiary of the company in Australia and has no material assets.

As previously reported, the company is continuing discussions with an investment group regarding several stages of financing that, when and if completed, will be sufficient for the company to meet all its current financial commitments, including payments due to the vendor, payment of all outstanding accounts payable of the company, including amounts sufficient to discharge the winding up, and financing of current exploration and operating expenses. The investor has provided to Salmon River representations of the availability of funds and expects to complete required transfer of funds shortly. However, no assurances can be given by the company that a transaction will be completed and all claims settled on a timely basis.

Salmon River expects to be in a position to make further disclosure shortly.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-2061544…

[Hanfy]

Woulfe appoints Lee as Sangdong president

2013-04-19 19:20 ET - News Release

Mr. Hubert Marleau reports

WOULFE MINING APPOINTS NEW PRESIDENT FOR ITS SOUTH KOREA SUBSIDIARY

Woulfe Mining Corp. has appointed Sang Bum Lee as president of the company's wholly owned South Korean subsidiary, Sangdong Mining Corp.

Mr. Lee has over 30 years of experience in the non-ferrous metals (zinc, lead and precious metals) industry gained in Korea, Australia, Europe and the United States in various technical roles that include project engineering, construction project management, and business and technology improvements, as well as general management.

Since completion of his bachelor of engineering (major: metallurgical engineering) at the Korea University in South Korea, Mr. Lee has enjoyed a successful career spanning 30 years with Korea Zinc Co. Ltd., a South Korean company which supplies approximately 10 per cent of the world's demand of zinc metal products and also one of the largest non-ferrous metals producer in the world. Mr. Lee held various positions ranging from process engineering, plant construction, production management and commercial management to, most recently, managing director and chief executive officer of Sun Metals Corp. Pty. Ltd., a wholly owned Australian subsidiary of Korea Zinc.

Commenting on Mr. Lee's appointment, Hubert Marleau, interim president and chief executive officer of Woulfe Mining, stated: "Mr. Lee has significant relevant experience in the resources industry and has a set of skills that will be highly complementary to the requirements of the Sangdong project. The fact that he is a South Korean national and speaks and writes both Korean and English fluently is an added bonus. The directors of Woulfe Mining Corp. believe that he will have an immediate positive impact at the Sangdong project."

Mr. Marleau went on to state: "Mr. Lee's appointment represents the first of many updates that our stakeholders can expect over the next few months. I have recently returned from a lengthy orientation visit to South Korea and have a succinct understanding of where the company is at, and I am please with the company's progress to date."

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-2060574…

[Hanfy]

Resinco's NAV at 6.1 cents on March 31

2013-04-19 08:13 ET - News Release

Mr. John Icke reports

RESINCO CAPITAL PARTNERS INC. RELEASES MARCH 2013 UNAUDITED NET ASSET VALUE PER SHARE

Resinco Capital Partners Inc. is publishing its net asset value (NAV) for the end of March, 2013. As of March 31, 2013, Resinco's unaudited NAV per share was 6.1 cents. The closing price of three cents on March 28, 2013, represents a 51-per-cent discount to the NAV.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:RIN-2060308…

[Hanfy]

2013-04-17 13:25 ET - News Release

Mr. Hubert Marleau reports

WOULFE MINING REPORTS NO MATERIAL CHANGE

At the request of the Investment Industry Regulatory of Canada (IIROC), and as per recent increased activity and interest in the company's shares, Woulfe Mining Corp. is letting investors know that all material information pertaining to its business activities and in particular its Sangdong project, located in South Korea, has been disclosed at this time. The company is not aware of any reason for the increased trading volumes in the company's shares this morning. The company is continuing to works toward the closing of the strategic transactions entered into with International Metalworking Companies BV (see Woulfe press releases dated Feb. 28, 2012, and March 4, 2013).

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-2059763…

[Hanfy]

Salmon River still working on Treppo acquisition

2013-03-26 09:40 ET - News Release

Mr. Garry Stein reports

SALMON RIVER PROVIDES FURTHER UPDATE

Salmon River Resources Ltd. has provided a further update following its press release of March 18, 2013.

Salmon River wishes to advise that notwithstanding the notice to complete the transaction to purchase all the outstanding shares of Treppo Grande Iron Pty. Ltd. by 5 p.m. on Friday, March 22, 2013, discussions continue with the vendor.

The company also continues discussions with an investment group regarding several stages of financing that, when and if completed, will be sufficient for the company to meet all its current financial commitments, including payments due to the vendor, payment of all outstanding accounts payable of the company, and financing of current exploration and operating expenses. As previously reported, based on representations and negotiations with the investment group's representatives, Salmon River expects that the arrangements with them will be completed. However, no assurances can be given by the company that a transaction will be completed and all claims settled on a timely basis.

Salmon River expects to be in a position to make further disclosure shortly.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-2052462…

[Hanfy]

Lions Gate Metals agreement for Whitford Lake property

2013-03-21 16:10 ET - Property Agreement

The TSX Venture Exchange has accepted for filing a property option agreement dated Feb. 18, 2013, between Lions Gate Metals Inc. and St. Jacques Mineral Corp. (Racquel Burrows) whereby the company has been granted an option to acquire a 100-per-cent interest in the Whitford Lake property located in the Athabasca basin region of Saskatchewan. Consideration is $1.25-million cash, 2.5 million shares and $3-million in exploration expenditures within a four-year period.

The property is subject to a 1-per-cent net smelter royalty, which may be reduced to 0.5 per cent for $750,000.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-2051268…


Lions Gate Metals to option Whitford Lake

2013-03-19 17:12 ET - News Release

Mr. Arni Johannson reports

LIONS GATE METALS INC. ENTERS INTO AGREEMENT TO ACQUIRE THE WHITFORD LAKE URANIUM PROJECT, ATHABASCA BASIN, SASKATCHEWAN

Lions Gate Metals Inc. has entered into an option agreement with an arm's-length vendor by which the company can earn a 100-per-cent interest in the Whitford Lake uranium project, which covers 67 hectares in the Athabasca basin, in Saskatchewan. The Whitford Lake project is located about 21 kilometres southeast of the Cigar mine on the eastern edge of the Athabasca basin, the most productive uranium region in the world. Other claim holders in the area include Fission Energy, Purepoint Uranium, Denison Mines and Cameco Corp. The primary target at Whitford Lake is two northeast, parallel magnetic contacts, between which lies a zone of subsurface resistivity, with a strike length of roughly 750 metres. Drilling at Whitford Lake by Cameco in 1995 identified a zone of altered sandstone, beginning 30 metres above the unconformity, enriched with chlorite and illite, which is indicative of hydrothermal activity. In addition, elevated lead levels below the unconformity have also been identified. All of these enrichments are key exploration indicators for uranium exploration in the Athabasca basin.

Under the terms of the agreement, the company can earn a 100-per-cent interest in the property by paying $100,000 initially and issuing 2.5 million common shares to the vendor. One million shares will be issued within five days of regulatory approval, with the balance being distributed under an escrow agreement over the next 18 months (500,000 share increments ever six months). The company must make additional payments of $1.15-million and complete $3-million in exploration expenditures on the property within the next four years. A 1-per-cent net-smelter royalty has been granted to the vendor, of which 0.5 per cent may be purchased by the company for $750,000. The agreement is subject to regulatory approval.

"As we advance the option agreement on the Poplar copper, silver, gold deposit, the company has been looking for additional opportunities for expansion featuring geographical and commodity diversification. Our Lions Gate team has the skill sets and contacts in the uranium sector. The company's management is of the mindset that the uranium sector will see renewed interest as the market realizes the supply and demand delta is widening. Management also feels asset values have bottomed out, and, at this stage, projects such as Whitford Lake represent excellent value for money," commented chief executive officer and chair, Arni Johannson.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-2050376…

[Hanfy]

moin,

bin paar tage nicht im land gewesen. hier ein kleines update der letzten news:


Resinco loses $400,000 in 2012

2013-03-28 17:32 ET - News Release

Mr. John Icke reports

RESINCO CAPITAL PARTNERS INC. 2012 RESULTS

Resinco Capital Partners Inc. has released its financial results for the year ended Dec. 31, 2012, including a net loss of $400,000 or nil per share versus a net loss of $18.8-million or 15 cents per share for 2011. At Dec. 31, 2012, the company held investments with a fair value of $9,242-million or eight cents per share compared with $9,197-million at Dec. 31, 2011, an increase of 0.5 per cent. The TSX Venture Exchange, being the representative equities market on which most of the company's publicly traded early-stage resource investments are listed, declined 35 per cent in 2011 and a further 17 per cent in 2012.

Resinco recorded a net realized and unrealized gain on the sale of investments of $1,287-million in the year ended Dec. 31, 2012, compared with a net realized and unrealized loss of $17,037-million in the comparative year. Resinco's investment portfolio at Dec. 31, 2012, included shareholdings in 13 public companies and six private companies compared with 15 and nine, respectively, at Dec. 31, 2011.

During the fourth quarter of 2012, the company introduced a broad range of initiatives to reduce costs and streamline its corporate administration organization. The business decision to outsource back office functionality was driven by a need to lower operating costs due to the depressed state of the junior resource market sector in which Resinco operates. The company no longer provides corporate services to any of its early-stage investee companies. The chief executive officer has reduced his fees by 45 per cent to reflect the need for costs savings to occur in all areas of the business. Reduced salaries and fees and outsourcing company finance and corporate compliance functions are expected to result in an annualized net reduction in costs of up to $1.2-million a year or approximately 70 per cent of 2012 operating expense costs of $1.73-million.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:RIN-2054044…

[greywolfe]

Antwort auf Beitrag Nr.: 44.211.736 von Hanfy am 04.03.13 16:37:45

... es ist beeindruckend, wieviele Aktien von diesem Ramsch noch verkauft werden können. Unter dem Strich verdienen die Leute, die sie sich für lau zugeschoben haben noch recht kräftig!
Eine sehr lange Sicht (Longview) der -hmmmm, das nette Wörtchen mit b...g - Aktivitäten 'begnadeter Manager';-)

[Hanfy]

Antwort auf Beitrag Nr.: 44.211.624 von Hanfy am 04.03.13 16:21:30

WOF

[Hanfy]

Woulfe Mining Extends and Increases Term Loan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT: OZ4) announces today that it has executed an Amended and Restated Bridge Loan Agreement (the "Amended Loan Agreement") in respect of the original $5 million bridge loan advanced by TaeguTec Ltd. ("TaeguTec"), an affiliate of International Metalworking Companies B.V. ("IMC"), on February 26, 2012 and an amendment agreement to the Subscription Agreement dated February 26, 2012 between the Company, its wholly owned subsidiary Sangdong Mining Corp. ("Sangdong") and IMC (the "Amendment Agreement") pursuant to which IMC will acquire a 25% interest in Sangdong for aggregate consideration of $35 million. (See Woulfe press release dated February 28, 2012).

Pursuant to the Amended Loan Agreement, the maturity date of the original loan has been extended to the earlier of the closing of the strategic transactions with IMC or February 26, 2014 and TaeguTec has agreed to make two further advances of term loans to Sangdong, such that the aggregate amount outstanding under the Amended Loan Agreement, including capitalized interest and accrued, unpaid and uncapitalized interest on the original $5 million advance to date, shall be $10 million when such additional advances are made. The initial additional advance of $500,000 has been funded and the second further advance of approximately $4.2 million will be funded within eight business days, subject to the satisfaction of certain conditions.

Pursuant to the Amendment Agreement, the parties have agreed that the outside date for the completion of the transactions contemplated by the Subscription Agreement shall be extended until February 26, 2014. The parties are however working towards completion of the transactions contemplated by the Subscription Agreement as soon as is feasible.

On Behalf of the Board of Directors

Woulfe Mining Corp.

David Constable, Chairman and Director

http://www.marketwire.com/press-release/woulfe-mining-extend…


Teslin River, Gold Fields amend Rand JV agreement

2013-03-04 07:57 ET - News Release

Mr. John Icke reports

TESLIN RIVER AND GOLD FIELDS AGREE ON AMENDMENT TO THE RAND PROJECT OPTION AGREEMENT

Teslin River Resources Corp. and Gold Fields Horsefly Exploration Corp. have agreed to an amendment of an Aug. 29, 2012, agreement granting an option to Gold Fields to earn up to an 80-per-cent interest in the company's Rand properties. The JV agreement superseded the letter of intent the parties had been operating under since Sept. 7, 2010.

The JV agreement originally required Gold Fields to spend $1-million by Dec. 31, 2013, to earn a 51-per-cent interest, of which $846,527 had been spent by Dec. 31, 2012, leaving $153,473 to be spent by Dec. 13, 2013. Gold Fields has paid Teslin $153,473 in lieu of exploration expenditures to immediately vest a 60-per-cent interest in the Rand properties. To maintain the option thereafter, Gold Fields will pay Teslin $375,000 by Dec. 16, 2015, to earn a further 10-per-cent interest and $400,000 by Dec. 16, 2017, to earn a final 10-per-cent interest for a total 80-per-cent interest in the Rand properties, at which point Teslin would have a 20-per-cent working interest. All other terms of the JV agreement will remain unchanged.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TLR-2045658…