Resinco CP (RIN.TO) - Neustart mit langfristiger Erfolgsaussicht (Seite 94)

[Hanfy]

wünsche allen ein schönes wochenende..

[Hanfy]

[Hanfy]

Antwort auf Beitrag Nr.: 42.980.023 von Hanfy am 30.03.12 15:32:26

Cue Resources takeover by Uranium Energy closes

2012-03-30 11:33 ET - News Release

An anonymous director reports

URANIUM ENERGY CORP. COMPLETES ACQUISITION OF CUE RESOURCES LTD.

Uranium Energy Corp. (UEC) has closed the acquisition of Cue Resources Ltd., pursuant to the terms of an arrangement agreement dated Jan. 20, 2012, between Cue and UEC. The arrangement was approved by Cue shareholders at a special meeting of Cue shareholders held on March 26, 2012, and was subsequently approved by the Supreme Court of British Columbia on March 28, 2012. Following the completion of the transaction, Cue is now a wholly owned subsidiary of UEC. In conjunction with the closing of the arrangement, Cue's common shares have ceased trading on the TSX Venture Exchange and will be delisted.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CUE-1942519…

[Hanfy]

Uranium Energy Corp Closes Acquisition of Cue Resources Ltd

Canada NewsWire

CORPUS CHRISTI, TX, March 30, 2012

NYSE Amex Equities Exchange Symbol - UEC

CORPUS CHRISTI, TX, March 30, 2012 /CNW/ - Uranium Energy Corp ("UEC" or the "Company") (NYSE-AMEX: UEC) and CUE Resources Ltd. ("CUE") (TSX-V: CUE) are pleased to announce that UEC's acquisition of CUE by way of a plan of arrangement (the "Transaction") has closed, effective at 12:01 am on March 30, 2012. Following the completion of the Transaction, CUE is now a wholly-owned subsidiary of UEC. In connection with the Transaction, UEC will issue 2,345,926 UEC common shares to former CUE shareholders as well as 171,303 UEC shares to settle certain debts of CUE. CUE, through its wholly-owned subsidiary, held an undivided 100% legal and beneficial interest in and to certain concession contracts covering a 230,650-hectare uranium exploration property located in southeastern Paraguay known as the Yuty ISR Project. See the Company's news release dated January 23, 2012 for additional information on the now completed plan of arrangement.

President and CEO Amir Adnani stated, "Given the proximity of the Yuty project to our Coronel Oviedo property, this transaction enables clear operational synergies and allows us to consider implementing the hub-and-spoke production strategy we have successfully deployed in South Texas. We believe that Paraguay is host to a highly prospective, large-scale ISR-amenable uranium district with mineralization that is very similar to that of South Texas. In addition, consistent with other recent UEC project acquisitions, we have acquired an asset with an extensive defined resource at an attractive price. Given the 11-million pound total resource at Yuty, the Company now has both an exploration and development focus in this business-oriented, stable country. We're excited about the opportunities that lie ahead."

Dundee Securities Ltd. acted as financial advisor to UEC in connection with the Transaction.

[...]

http://www.stockwatch.com/News/Item.aspx?bid=U-C9463-U%3aUEC…


Cue Resources halted at 4:57 a.m. PT

2012-03-30 07:59 ET - Halt Trading

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCUE-19423…

[Hanfy]

Woulfe tests 85% WO3 recovery at Sangdong

2012-03-28 08:45 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING METALLURGICAL RECOVERY 15% ABOVE HISTORICAL

Woulfe Mining Corp. has completed metallurgical test work for feasibility.

Brian Wesson, FAusIMM, chief executive officer/president of Woulfe, commented: "It was not an easy decision for management to delay the feasibility study to seek out the best technology available as a base of metallurgical test work. What made this even more difficult for us is that our signed strategic agreements require the feasibility study for the completion of due diligence. This time and effort was well spent as we have now shown that recoveries of 85 per cent can be achieved, some 15 per cent higher than historical. This positively impacts the return on investment as higher concentrate grade reduces both capital and process costs. Truly, a great achievement, so now the feasibility is moving rapidly to completion and will be released in mid-April, 2012."

Metallurgical test work 85-per-cent recovery

Metallurgical test work on the Sangdong scheelite ore has proved a highlight of finalizing the inputs to the Sangdong project feasibility study. Having established the optimum grind size, an all-flotation circuit was trialled. The success of this and its lower capital cost compared with the more conventional gravity plus flotation circuit has resulted in its adoption as the project moves through feasibility to production.

The process first floats the molybdenum, bismuth and other sulphides into a sulphide concentrate using conventional sulphide flotation. The molybdenum and bismuth concentrate can either be sold or further processed to highly value-added products. Having removed the sulphides, the scheelite is then initially floated, giving it an upgrade ratio of up to 20 times at very high scheelite recovery. This concentrate is then thickened and heated as feed to a flotation circuit incorporating modifications to the well-known Petrov process. The small quantity of thickened and heated concentrate is floated using conventional but intense flotation conditions. This has resulted in the production of concentrate grades of more than 70 per cent WO3 (tungsten trioxide) at recoveries above 85 per cent. The feasibility study has been modified to include these exciting results. New tonnage samples are now being mined from the advanced reopening of the Sangdong mine to provide adequate feed to verify the feasibility study results by pilot plant testing.

Concentrates from the pilot plant will be used to define the design criteria for the planned ammonium paratungstate plant (APT plant) that under the IMC agreements will be financed by the company's off-take partner as part of the off-take agreement announced earlier this month.

This news release has been reviewed and approved in the form and context in which it appears by Rod Elvish, FAusIMM, who is working with Woulfe on the Sangdong metallurgical study. Mr. Elvish has appropriate qualifications and sufficient relevant experience to qualify as a qualified person for the reporting of mineral resource metallurgical test work and studies and interpret the results.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1940819…

[Hanfy]

Antwort auf Beitrag Nr.: 42.960.042 von Hanfy am 27.03.12 12:25:08

Cue Resources shareholders approve Uranium takeover

2012-03-27 10:08 ET - News Release

Mr. Robert Tyson reports

SHAREHOLDERS OF CUE RESOURCES LTD. APPROVE ARRANGEMENT TRANSACTION INVOLVING ACQUISITION BY URANIUM ENERGY CORP.

The previously announced acquisition of Cue Resources Ltd. by Uranium Energy Corp. pursuant to a plan of arrangement was approved at a special meeting of Cue shareholders on March 26, 2012. The arrangement, which is expected to become effective on or about March 30, 2012, will result in UEC acquiring all of the issued and outstanding shares of Cue.

Under the terms of the arrangement, each Cue shareholder will receive 0.0195 of a UEC common share for each Cue share held. In order to receive the consideration, Cue shareholders should follow the instructions that are set out in Cue's notice of special meeting and management information circular dated Feb. 23, 2012, available at SEDAR under Cue's SEDAR profile.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CUE-1940354…


für RIN wären das inkl. warrants 24,1mio CUE-shares x 0,0195 UEC-shares = 471.675 UEC-shares x 4,07USD / share (=4,045 CAD) = 1,9 mio CAD

http://stockcharts.com/h-sc/ui?s=uec

[rotie1]

Hmmm,
... und was war mit NKL!?

[Hanfy]

Antwort auf Beitrag Nr.: 42.958.312 von Hanfy am 27.03.12 00:42:41

[Hanfy]

Resinco loses $18.8-million in 2011

2012-03-26 16:23 ET - News Release

Mr. John Icke reports

RESINCO(R) CAPITAL PARTNERS INC. ANNOUNCES FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2011

Resinco Capital Partners Inc. has released its financial results for the year ended Dec. 31, 2011, and reports net loss of $18.8-million or 15 cents per share (basic) versus a net income of $10.1-million or eight cents per share (basic) for 2010. At Dec. 31, 2011, the company held investments with a fair value of $9.2-million, or 7.5 cents per share compared with $28.4-million at Dec. 31, 2010, a decrease of 68 per cent.

Resinco recorded realized gains on disposal of investments of $1.5-million and unrealized investment losses of $18.5-million for the year ended Dec. 31, 2010, compared with realized investment losses of $3.7-million and unrealized investment gains of $16.9-million in 2010. Resinco's investment portfolio at Dec. 31, 2011, included 15 public companies and nine private companies, compared with 20 public companies and 16 private companies in the portfolio at the end of 2010.

"Our portfolio experienced a significant decrease in value throughout 2011 and that was understandable given the overall junior resource sector value decline during the same period. The sector's decline can be attributed to many key global events such as the Fukushima disaster, the European debt crisis and general malaise associated with the USA economy revitalization. Individually and collectively they affected the general confidence of investors who, in many instances, sold their shareholdings at a discount to implied value and transitioned to cash," stated John Icke, president and chief executive officer of Resinco. Mr. Icke went on to say: "In the first quarter of 2012 the market has started to show some positive signs and some of the key investments in Resinco's portfolio have declared major initiatives enhancing their value. We remain cautiously optimistic for the remainder of 2012 and expect valuations to increase modestly."

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:RIN-1939992…


Resinco Capital Partners Inc.
Mar 23 2012

MD&A - English
http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=…

Audited annual financial statements - English
http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=…

[Hanfy]

Lions Gate Metals Announces Termination of Annual Fee at Poplar

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 23, 2012) - Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") is pleased to announce the settlement and termination of the $75,000 annual fee to Standard Exploration Ltd. for the Poplar Project.

Lions Gate Metals has terminated the annual payment of CDN $75,000.00 due each year on December 6 by purchasing the option from Standard Exploration Ltd. for consideration of $350,000.00. The $75,000 payment, which was due each year in perpetuity, was a term contained in the Amended and Restated Property Option Agreement dated July 30, 2007 between Hathor Exploration Limited and Fortress Base Metals Corp. (now Lions Gate Metals Inc.).

"Removing the obligation of the annual fee on the Poplar Project further demonstrates management's dedication to ensure Lions Gate's projects are free from as many burdens as possible to enhance the Company's worth and drive shareholder value," says Paul Sarjeant, President and CEO.

Terms of the Settlement and Termination Agreement

On December 6, 2011, a Settlement and Termination Agreement was signed between Standard Exploration Ltd. and Lions Gate. The purpose of the Agreement was to free Lions Gate of the annual $75,000.00 obligation. The Agreement provided that Lions Gate would pay an amount of $200,000.00 upon signing the Agreement and an additional amount of $150,000.00 upon the completion of its next financing or an agreed upon date (December 6, 2012), whichever came first. Having completed a financing in February 2012, Lions Gate issued the final payment on February 29, 2012.

About the Property

Lions Gate Metals has a 100% interest in the 77,705 hectare, 196 claim Poplar Copper-Gold-Silver Porphyry Property (http://www.lionsgatemetals.com/s/Poplar.asp) located in western-central British Columbia, Canada, approximately 35 kilometres northeast of the Huckleberry copper-molybdenum mine operated by Imperial Metals Corporation, between the Huckleberry Mine and the mining resource town of Houston, BC. The Poplar Main Zone Deposit on the Property has an National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) compliant Indicated Resource of 171.3 million tonnes grading 0.28% Cu, 0.008% Mo, 0.08 g/t Au and 2.30 g/t Ag (0.40 CuEq %), plus an Inferred Resource of 209.0 million tonnes grading 0.23% Cu, 0.004% Mo, 0.06 g/t Au and 3.62 g/t Ag (0.33 CuEq %).

Additional diamond drilling is planned to further define and upgrade this resource. Near-surface mineralization and significant gold and silver presence are Poplar Deposit highlights. Eight other regional copper-gold porphyry targets have been identified on the Property.

About Lions Gate Metals

Lions Gate Metals is a Canadian based, junior resource company focused on the exploration, development, and acquisition of copper and copper-focused multi-mineral projects. The Company boasts one of the largest consolidated property portfolios of any Canadian junior resource company, including the 77,705 hectare Poplar copper-gold-silver porphyry property located 35km northeast of the Huckleberry mine operated by Imperial Metals Corp. (proven/probable 39.7 million tonnes grading 0.343% copper: aggregate production to Dec 31, 2010 approximately 870.0 million pounds copper, 8.0 million pounds molybdenum, 105,000 ounces gold and 3.4 million ounces silver) in west-central British Columbia, and the 6,900 hectare ROK-Coyote copper-gold porphyry property contiguous with Imperial Metal's Red Chris copper-gold project in northwestern British Columbia. Poplar and ROK-Coyote are the primary focus of the 2012 Exploration Program.

Andrew Gourlay, P.Geol., Vice President Exploration is a 'Qualified Person' under NI 43-101 and has reviewed and approved the contents of this news release.

For further information on the Company and its projects please visit the web site at www.lionsgatemetals.com.

[...]

http://www.marketwire.com/press-release/lions-gate-metals-an…