VAALDIAM MINING Inc. Diamanten und Gold in Südamerika - 500 Beiträge pro Seite

[jensdab]

Dies ist die Fortsetzung des ehemaligen threads von
TIOMIN Resources Inc.

Tiomin Resources gibt es nicht mehr und heißt jetzt Vaaldiam Mining.



PLEASE NOTE THAT TIOMIN RESOURCES INC. HAS CHANGED ITS COMPANY NAME TO VAALDIAM MINING INC. AND WILL RELOCATE TO THE FOLLOWING ADDRESS EFFECTIVE APRIL 6, 2010:


Tiomin Completes Acquisition of Vaaldiam Resources

TORONTO, ONTARIO--(Marketwire - March 23, 2010) - Tiomin Resources Inc. ("Tiomin") (TSX:TIO - News) and Vaaldiam Resources Ltd. ("Vaaldiam Resources") (TSX:VAA - News) jointly announced today the closing of the previously announced plan of arrangement (the "Arrangement"), pursuant to which Tiomin acquired all of the outstanding common shares of Vaaldiam Resources in consideration of 0.08 Tiomin common shares (post-consolidation) for each Vaaldiam Resources common share. In connection with the completion of the Arrangement, the common shares of Tiomin have been consolidated on a 10 for 1 basis and Tiomin has changed its name to "Vaaldiam Mining Inc." ("Vaaldiam Mining").

The Arrangement was carried out pursuant to the provisions of the Canada Business Corporations Act and was approved by the Ontario Superior Court of Justice on March 18, 2010 and the affirmative votes of the Vaaldiam Resources shareholders at a meeting held on March 15, 2010.

The Vaaldiam Resources common shares are expected to be de-listed from the Toronto Stock Exchange at the close of business on Thursday, March 25, 2010. The Tiomin common shares are expected to begin trading under the name "Vaaldiam Mining Inc." under the symbol "VAA" at the opening of trading on Friday, March 26, 2010.

Holders of Vaaldiam Resources common shares are reminded that, in order to receive the consideration to which they are entitled pursuant to the Arrangement, they should promptly complete and execute the letter of transmittal delivered to them with their shareholder meeting materials, and present and surrender the certificate(s) representing their Vaaldiam Resources common shares in accordance with the letter of transmittal to Equity Transfer & Trust Company, the depositary for the Arrangement, at the address indicated on the letter of transmittal. Failure to present and surrender the certificate(s) representing such common shares on or before the sixth anniversary of closing will result in the termination of any entitlement of the holder of such common shares to receive the consideration otherwise payable to such holder under the Arrangement.

Vaaldiam Mining will have the following attributes:




-- Immediate Production: Diamond and gold production to resume at the 100%-
owned Duas Barras mine, which operated profitably prior to being placed
on care and maintenance as a result of the global financial crisis;

-- Strong Balance Sheet: Approximately Cdn$15.5 million in cash, net of
transaction costs, to fund exploration and development and to settle
Vaaldiam Resources' outstanding liabilities;

-- Production Growth: Staged resumption and growth of production at its two
100%-owned diamond mines and the expansion of resources through
exploration and development of the mines' exploration properties.
Initial diamond production at Duas Barras, pre-expansion, is projected
to be:

-- 20,000 carats in 2010

-- 40,000 carats in 2011

The anticipated restart of the Chapada mine and the development of
the Brauna kimberlite project, which is currently conducting a bulk-
sampling program, are, if successful, expected to significantly add
to this production;

-- Advanced Diamond Development Pipeline: In addition to becoming South
America's largest diamond producer, Vaaldiam Mining will hold interests
in three advanced-stage kimberlite deposits in Brazil and Canada and
also own a large exploration database of kimberlite occurrences in
Brazil;

-- Experienced Board and Management: The directors and management of
Vaaldiam Mining are extremely experienced and have a track record of
success in realizing shareholder value. The local teams in Brazil and
Canada are highly-skilled and experienced operational and exploration
professionals; and

-- Undervalued Portfolio of Other Assets: Vaaldiam Mining inherits a high
potential portfolio of investments from Tiomin, which can be sold in the
future:

-- An agreement with Compania Minera Milpo S.A. ("Milpo") on the
Pukaqaqa copper-gold project in Peru, whereby Vaaldiam Resources
receives US$4 million if the project reaches commercial production
and an additional US$4 million one year later. In addition, Vaaldiam
Mining receives a 1% NSR on all mineral production from the current
Pukaqaqa property package if the quarterly London Metal Exchange
copper price averages US$3/lb or less and a 2% NSR above US$3/lb.
The NSR also applies to any properties subsequently acquired by
Milpo within 15 km of the boundaries of the existing property
package. Tiomin recently received US$7 million from Milpo as part of
the transaction and previously disclosed details of the property's
resources which contain two billion pounds of copper and 500,000
ounces of gold;

-- An agreement regarding the Kwale titanium project in Kenya that may
see Vaaldiam Mining receive a cash payment of US$3 million and a
1.5% royalty on gross revenue from the project;

-- An unlisted investment in Kivu Gold of 10.6 million shares with an
accounting value of Cdn$1.67 million on the books but which recently
completed a private placement at Cdn$0.50 per share;

-- Additional listed securities valued at approximately Cdn$1.8
million; and

-- A receivable of Cdn$855,000 from Freegold Ventures Limited
(TSX:ITF - News), which may be converted to equity at a discount in the
future.


Vaaldiam Mining will be a leading diamond production, exploration and development company with a pro-forma market capitalization of $25 million based on Tiomin's closing share price of Cdn$0.035 on Monday, March 22, 2010.

Robert Jackson, Chief Executive Officer of Vaaldiam Mining said "Your company now has a solid balance sheet and it is anticipated that it will have imminent cash flow from operations. We have excellent diamond and gold exploration potential, seasoned management and a product, rough diamonds, where demand outstrips supply. We feel more confident about the outlook than at any time in recent years."

Tiomin's Robbert Borst is a "qualified person" under National Instrument 43-101 and has reviewed the technical information contained in this press release.

Wer sich für den historischen Tiomin thread interessiert:

http://www.wallstreet-online.de/diskussion/1111194-361-370/v…" target="_blank" rel="nofollow ugc noopener">http://www.wallstreet-online.de/diskussion/1111194-361-370/v…


*****************************************************************
Firmen Homepage:

http://www.vaaldiam.com/

Vaaldiam Mining Inc. is a well-capitalized Canadian junior mining company working to become the largest producer of diamonds in South America.

The company has near-term potential to mine diamonds in Brazil. It also owns high potential exploration properties, a portfolio of diversified mining investments and royalty interests (more about our royalty & equity investments) that it can sell to raise cash.


Vaaldiam holds 100% interests in the Duas Barras and Chapada alluvial diamond mines in Brazil. Vaaldiam is evaluating its Chapada Mine and may either restart production or sell the mine in 2011. Chapada produced over 33,000 carats from 2006 to 2008 at average US$394 per carat. Vaaldiam’s operations rank amongst the highest value diamond producers in the world.

Elsewhere in Brazil, Vaaldiam also holds interests in two high-potential kimberlite diamond deposits and owns a large exploration database of kimberlite occurrences. There are about 1,000 kimberlites in Brazil of which only three have had samples greater than 200 tonnes taken. Vaaldiam’s Braúna kimberlite project is one of these three and is now bulk sampling with a development decision expected in 2010. Vaaldiam owns 20% of Braúna with a right to increase to 49%.

In Peru, Vaaldiam has a sliding-scale NSR royalty interest in the Pukaqaqa copper/gold project and will also receive US$8 million when the open pit mine goes into production.

In Kenya, Vaaldiam owns a 1.5% Gross Revenue Royalty on all product revenue from the Kwale Mineral Sands project.

Vaaldiam owns 10,625,000 common shares of Flemish Gold Corp., a private exploration company with properties in East Africa, which it purchased for US$3.4 million. Flemish Gold Corp. recently completed a private placement of $6.1 million net of costs at a price of $0.75 per share, valuing Vaaldiam’s investment at $8 million.

Vaaldiam owns 20% of Freegold Ventures Ltd., a promising gold exploration company with properties in Alaska and one million common shares of Western Standard Metals Ltd.



Börsenkürzel in Kanada:

TSX: VAA

[Aktienkrieger]

Interessanter Wert. Werde mich mal etwas damit beschäftigen...

[xxtsc]

Vaaldiam Mining Inc.: High Diamond Value of US$338 Per Carat at Brauna
12/2/2010 7:00:01 AM - Market Wire

TORONTO, ONTARIO, Dec 2, 2010 (Marketwire via COMTEX News Network) --

Vaaldiam Mining Inc. ('Vaaldiam' or the 'Company') (TSX:VAA) is pleased to report that two independent diamond valuation consultants valued 1,013.75 carats ('cts') of rough diamonds recovered from the south lobe of Vaaldiam's Brauna 3 kimberlite pipe ('B3') at an average value of US$338 per carat. The south lobe bulk sample comprised 4,158 dry tonnes of kimberlite with an average recovered grade of 24.4 cts per hundred tonnes ('cpht') and an average stone size of 0.21 cts per stone. The average global price for rough diamonds is about US$70 per carat. The Brauna property is in Bahia State, Brazil.

The two independent, internationally recognized diamond valuation and consulting companies were Diamond Counsellor International ('DCI') of London, U.K., and International Economic Strategy ('IES') of Antwerp, Belgium. The diamonds were sieved and sized to DTC standards and used November prices of rough diamond sales in Antwerp.

B3 - South Sample Diamond Valuation Results

IES valued the parcel at US$338.71 per carat. It said the price "is very high for a kimberlite and would rank Brauna as one of the best mines in the world". IES suggested a bench mark price of US$330 per carat as its projection of the average sales price of future production from the south lobe. IES said "the overall mixture in colour and quality make this parcel very desirable and highly marketable."

DCI valued the parcel at US338.44 per carat and suggested that a range from US$335 to US$400 per carat could be expected. DCI noted that "this is a good average price for a kimberlite" and that the "south deposit contains a wide range of good quality diamonds. It has a high per carat average price which should prove marketable and profitable."

Project Overview

The two-hectare B3 pipe is located in easily accessible terrain just 7 km south of the town of Nordestina, which provides the project with excellent infrastructure, services and skilled personnel. B3 is one of 22 kimberlite occurrences discovered so far on the property. Vaaldiam has performed exploration work on only five occurrences, including the Brauna 8 ('B8') kimberlite dike situated 5 km north of the B3 pipe. Mini-bulk samples from this 4.5 metre-wide dike produced 170 diamonds weighing 19.37 cts from approximately 46 dry tonnes, inferring a recovered grade of 42 cpht, and included a 7.97 carat white octahedron stone. The B8 occurrence is a vertically oriented kimberlite dike forming a 1,000 metre-long section of the northwest trending dike system. Recent exploration conducted in the vicinity of the B8 dike has confirmed that this dike is linked to the Brauna 21 occurrence. Mini-bulk sampling of the one hectare Brauna 7 pipe, situated 1 km to the east of the B3 pipe, resulted in the recovery of 30 diamonds with a total weight of 3.87 carats from approximately 87 tonnes of kimberlite with an estimated recovered diamond grade of 4.5 cpht.

Robert Jackson, President and CEO said "This is excellent for our shareholders. Investors should note the high stone value, the close proximity of these occurrences to each other and to Nordestina and the potential to add more resources in easily developed terrain."

Vaaldiam holds a 20% interest in the Brauna project. It can increase its interest to 49% by paying its partners an estimated amount of approximately US$6.7 million for costs incurred to complete the bulk sample, which is expected to be completed in Q4 2010. At September 30, 2010 Vaaldiam had $11.2 million of cash.

This release has been reviewed by Katya Masun P.Geo., who is a qualified person under National Instrument 43-101. For additional information regarding Vaaldiam please visit www.vaaldiam.com.

Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.

SOURCE: Vaaldiam Mining Inc.

[jensdab]

Schöner Anstieg 0.265

+(6.00%)


Link zu den News:

http://de.advfn.com/nachrichten/Vaaldiam-Mining-Inc-High-Dia…

[xxtsc]

Antwort auf Beitrag Nr.: 40.636.960 von jensdab am 02.12.10 23:20:32

Independent assessors give average per carat value of $338 for Vaaldiam diamonds
VaaldiamMining says that two independent diamond valuations of 1,013.75 caratsof goods from the south lobe of its Brauna 3 kimberlite pipe in BahiaState, Brazil, gave a per carat value at $338.
December 03, 2010

VaaldiamMining says that two independent diamond valuations of 1,013.75 caratsof goods from the south lobe of its Brauna 3 kimberlite pipe in BahiaState, Brazil, gave a per carat value at $338.

The diamonds weresieved and sized to Diamond Trading Company standards and used Novemberprices of rough diamond sales in Antwerp for the valuation, the firmsaid in a statement.

Antwerp’s International Economic Strategy(IES) company said that the price per carat “is very high for akimberlite and would rank Brauna as one of the best mines in the world."IES suggested a benchmark price of $330 per carat as its projection ofthe average sales price of future production from the south lobe. IESwrote "the overall mixture in colour and quality make this parcel verydesirable and highly marketable."

Meanwhile, the otherconsultant, Diamond Counsellor International of London, gave a value of$338.44 and said that a range of $335 to $400 per carat could beexpected, which was "a good average price for a kimberlite" and that the"south deposit contains a wide range of good quality diamonds. It has ahigh per carat average price which should prove marketable andprofitable."

Vaalidiam President and CEO Robert Jackson said,"This is excellent for our shareholders. Investors should note the highstone value, the close proximity of these occurrences to each other andto Nordestina and the potential to add more resources in easilydeveloped terrain."

Vaaldiam holds a 20 percent interest in theBrauna project, and can raise it to 49 percent by paying partners about$6.7 million for costs incurred to complete the bulk sample which isexpected to be completed in the fourth quarter of this year.
http://www.antwerpfacetsonline.be/nc/articles/single/article…" target="_blank" rel="nofollow ugc noopener">
http://www.antwerpfacetsonline.be/nc/articles/single/article…

[jensdab]

BRAÚNA 3 KIMBERLITE NI 43-101 MINERAL RESOURCE INDICATED: 1.…




BRAÚNA 3 KIMBERLITE NI 43-101 MINERAL RESOURCE
INDICATED: 1.3 MILLION TONNES AND 186,000 CARATS
INFERRED: 4.8 MILLION TONNES AND 971,000 CARATS
TORONTO: January 20, 2011 – Vaaldiam Mining Inc. (‘Vaaldiam’ or the ‘Company’) (TSX: VAA)
is pleased to announce the National Instrument 43-101 compliant mineral resource estimate for the
Braúna 3 kimberlite pipe (‘B3’) at the Braúna Property in Bahia State, Brazil.
The mineral resource estimate includes Indicated Resources to a depth of approximately 40 metres
of 0.63 million tonnes at a grade of 24.58 carats per hundred tonnes (‘cpht’) in the south lobe, and
0.67 million tonnes at a grade of 4.72 cpht in the north lobe of the kimberlite. Inferred Resources to
a depth of approximately 200 metres are estimated to contain 3.75 million tonnes at a grade of 24.58
cpht in the south lobe and 1.04 million tonnes at a grade of 4.72 cpht in the north lobe.
An independent Qualified Person (‘QP’) from ACA Howe International Limited (‘Howe’) calculated
the mineral resource estimate.
The following table summarizes the details of the NI 43-101 mineral resource as prepared by Howe:
Table 1: Mineral Resource Statement for the B3 Kimberlite, North and South Lobes
Resource
Category
Lobe
Dry
Tonnes
(x1,000)
Diluted
Grade
(cpht)
Carats
(x1,000)
Grade (cpht)
Price
(US$/carat)
Indicated 667 4.72 31 4.72
Inferred
North
1,042 4.72 49 4.72
98
Indicated 629 24.58 155 24.58
Inferred
South
3,753 24.58 922 24.58
339
• Indicated Resource defined from surface to the 235mRL
• Grade used is the diluted diamond grade obtained from the individual bulk samples.
• Mineral Resources are not accumulated within an optimized pit shell.
• Mineral Resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be
materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant issues.
• The volume of the North and South Lobes includes internal dilution.
• The quantity and grade of reported Indicated and Inferred Resources in this estimate are conceptual in nature. There is no guarantee that all
or any part of the mineral resource will be converted into a mineral reserve.
• Due to rounding, figures may not add up to the totals shown.
• A 1 millimetre bottom cut-off is used for the Mineral Resource.
In the Indicated Category, 83.3% of the carats are derived from the south lobe and 16.7% from the
north lobe. In the Inferred Category, 95.0% of the carats are derived from the south lobe and 5.0%
of the carats are derived from the north lobe. Diamond values reported are the average estimated
sales price of two independent diamond valuations of 1,013.75 carats of rough diamonds recovered
from the south lobe and 34.74 carats from the north lobe (as reported on December 2, 2010). The
diamond valuation was completed on November 1, 2010 using Antwerp market data.
2
The mineral resource estimated prepared by Howe includes kimberlite volume, density and tonnage
data collected during the bulk sampling program in 2010 which involved the collection of three
surface samples totaling 4,909.3 dry tonnes of kimberlite. Samples 1 and 2 were taken from the
south lobe and sample 3 from the north lobe. A total of 5,064 diamonds with a total weight of
1,057.39 carats were recovered from the three bulk samples, with 4,904 diamonds totaling 1,021.97
carats from the south lobe and 160 diamonds with a total weight of 35.42 carats from the north lobe.
This mineral resource estimate uses a 1.0 millimetre bottom diamond size cut-off and considers all
kimberlite to a depth of 200 metres below surface, where drilling has determined that the kimberlite
remains open at depth.
Project Overview
The two-hectare B3 pipe is open vertically and laterally. Vaaldiam plans to further explore B3 and
the entire property with the objective of increasing the diamond resources. It has commissioned a
Preliminary Economic Assessment for B3, which is located in easily accessible terrain just 7 km
south of the town of Nordestina. Nordestina has excellent infrastructure, grid power, services and
skilled personnel. B3 is one of 22 kimberlite occurrences discovered so far on the property.
Vaaldiam has performed exploration work on only five occurrences, including the Braúna 8 (‘B8’)
kimberlite dike situated 5 km north of the B3 pipe. Mini-bulk samples from this 4.5 metre-wide dike
produced 170 diamonds weighing 19.37 cts, including a 7.97 carat white octahedron stone, from
approximately 46 dry tonnes, inferring a recovered grade of 42 cpht. The B8 occurrence is a
vertically oriented kimberlite dike forming a 1,000 metre-long section of the northwest trending dike
system. Recent exploration conducted in the vicinity of the B8 dike has confirmed that this dike is
linked to the Braúna 21 occurrence. Mini-bulk sampling of the one hectare Braúna 7 pipe, situated 1
km to the east of the B3 pipe, resulted in the recovery of 30 diamonds with a total weight of 3.87
carats from approximately 87 tonnes of kimberlite with an estimated recovered diamond grade of 4.5
cpht.
Vaaldiam commissioned the NI 43-101 mineral resource estimate for the B3 kimberlite pursuant to
its obligation under NI 43-101 to prepare and file technical reports and as such, the technical report
is the sole responsibility of Vaaldiam.
Mr. Daniel C. Leroux (BSc, P.Geo.) of Howe is the independent QP who supervised the preparation
of the mineral resource estimate for the B3 kimberlite. Mr. Leroux has 16 years of direct experience
with diamond projects located in Canada, Africa, Europe and South America, including managerial
responsibilities for all various exploration stage diamond projects from conceptual grassroots
exploration projects to bulk sampling and pre-feasibility studies on advanced diamond projects and
has completed mineral resource estimates on both primary and alluvial diamond deposits. Mr.
Leroux also has extensive diamond processing experience of various types of process plant
technology and recovery plant technology utilized in both primary and alluvial diamond mining
operations worldwide.
Ms. Katharine Masun (HBSc, MSc, MSA, P.Geo.) of Vaaldiam and Mr. Douglas Roy (BEng,
MASc, P.Eng.) of Howe were closely involved in the mineral resource estimation process for the B3
kimberlite. Ms. Masun has more than 13 years of experience in diamond exploration and kimberlite
geology, having been involved in projects located in Canada, India, South America and Africa, from
grassroots to advanced stages of exploration and evaluation. Mr. Roy has worked as a mining
engineer for more than 10 years, which has included estimation of resources and reserves for
precious metals, base metals and industrial minerals and well as participation in pre-feasibility and
3
feasibility studies. Howe consents to the statement of Indicated and Inferred Mineral Resources
contained herein.
This release has been reviewed by Katharine Masun P.Geo., who is a qualified person under
National Instrument 43-101. For additional information regarding Vaaldiam please visit
www.vaaldiam.com, or contact Robert Jackson, President and Chief Executive Officer at

[commodityleviathan]

Antwort auf Beitrag Nr.: 40.940.428 von jensdab am 28.01.11 00:23:24

irgendwie spüre ich einen Ausbruch bei Vaaldiam....
Ich steige heute Abend mal ein.

[xxtsc]

Antwort auf Beitrag Nr.: 41.145.707 von commodityleviathan am 04.03.11 09:48:39

Denke, dass der Ausbruch aus der Seitwärtsbewegung bald bevorsteht. Zu den jetzigen Preisen einzusteigen wird sich auszahlen.

[xxtsc]

Antwort auf Beitrag Nr.: 41.149.320 von xxtsc am 04.03.11 17:05:05

News:

Vaaldiam Agrees to Acquire 51% of Brauna Property
3/4/2011 12:42:34 PM - Market Wire

TORONTO, ONTARIO, Mar 04, 2011 (MARKETWIRE via COMTEX News Network) --

Vaaldiam Mining Inc. ('Vaaldiam' or 'the Company') (TSX: VAA) is pleased to report that it has entered into an agreement to increase its interest in the joint venture company which holds the Brauna kimberlite diamond property ('the property'), in Bahia State, Brazil, from 20% to 51%. The property area is 5,000 hectares (12,700 acres) and it contains 22 known kimberlite occurrences, including the Brauna 3 ('B3') kimberlite pipe. Vaaldiam has tested nine of the 22 kimberlites and all contained diamonds. The property has excellent infrastructure and exploration potential for additional kimberlite diamond resources. The State of Bahia is an economically under-developed region with government incentives for investors.

The B3 pipe contains a National Instrument 43-101 ('NI 43-101') Indicated Resource of 0.63 million tonnes at a grade of 24.58 carats per hundred tonnes ('cpht') to a depth of approximately 40 metres in the south lobe, and 0.67 million tonnes at a grade of 4.72 cpht to a similar depth in the north lobe of the kimberlite. Inferred Resources to a depth of approximately 200 metres are estimated to contain 3.75 million tonnes at a grade of 24.58 cpht in the south lobe and 1.04 million tonnes at a grade of 4.72 cpht in the north lobe (as reported on January 20, 2011). Independent valuations of 1,013.75 carats of rough diamonds recovered from the south lobe returned an average value of US$339 per carat while the valuation of a small parcel of 34.74 carats from the north lobe returned an average value of US$98 per carat (as reported on December 2, 2010).

Vaaldiam plans to bring the B3 pipe to production as quickly as possible. Vaaldiam will be the operator and will develop the B3 project via a joint venture committee comprised of three Vaaldiam representatives and two representatives of the existing joint venture partners. The joint venture committee's objective will be to maximize shareholder value by rapidly developing the project to its full potential. The Company has commissioned Coffey Mining to prepare a Preliminary Economic Assessment ('PEA') that is anticipated to be completed during March 2011.

In 2011, the Company plans additional exploration work at B3 and a full feasibility study that is expected to be finished in 2012. Subject to a positive feasibility study, Vaaldiam plans to finance, build and operate the B3 mine.

The key terms of the acquisition of the additional 31% interest are:


1. Vaaldiam must make three payments totalling approximately US$6.5 million
('the Transaction Consideration') to the existing joint venture
partners: approximately US$0.9 million paid upon execution of this
acquisition agreement; US$1.5 million on August 4, 2011 and US$4.1
million on June 4, 2012;
2. Vaaldiam must finance the B3 project to production and will receive all
profits until full recovery of the project development cost. Thereafter
Vaaldiam will receive 51% of the profits. The cost of future production
expansions at B3 and the development of mines at other kimberlite
occurrences on the property will be paid pro-rata by all shareholders
and not solely by Vaaldiam;
3. In the event that Vaaldiam fails to satisfy the terms of the agreement,
including failing to complete certain milestones by pre-determined
deadlines (where the reason for such failure was within the reasonable
control of the Company) the remaining shareholders have the right to:
a. terminate Vaaldiam's role as operator;
b. repurchase the 31% interest by repaying Vaaldiam the full US$6.5
million transaction consideration within 60 days, thereby reducing
Vaaldiam's interest to 20%; and
c. in certain circumstances, compel Vaaldiam to sell its remaining 20%
interest at fair market value as determined by a qualified and
independent third party.
4. In the event that Vaaldiam is no longer operator and a third-party
subsequently invests additional capital to bring the B3 pipe to
production, Vaaldiam will still receive its pro-rata share of the
capital repayments as originally contemplated until it has recovered all
of its invested capital and will thereafter also receive its pro rata
share of the profits from ongoing operations.



Robert Jackson, President and CEO, said "This is a game-changing deal for Vaaldiam. We plan to develop B3 as quickly as possible and expand the resource there and elsewhere on the property, where we know diamonds occur. We have more than one million carats of resources with high value stones and good exploration potential. Our partners are well-respected, long-term players in the diamond industry who have crafted an agreement designed to help us succeed, while limiting our downside risk".

Project Overview

The two-hectare B3 pipe is open vertically and laterally and is located in easily accessible terrain just 7 km south of the town of Nordestina. Nordestina has excellent infrastructure, grid power, services and a pool of skilled labour.

Vaaldiam has performed exploration work elsewhere on the property, including the Brauna 8 ('B8') kimberlite dike situated 5 km north of the B3 pipe. Mini-bulk samples from this 4.5 metre-wide dike produced 170 diamonds weighing 19.37 carats, including a 7.97 carat white octahedron stone, from approximately 46 dry tonnes, inferring a recovered grade of 42 cpht. The B8 occurrence is a vertically oriented kimberlite dike forming a 1,000 metre-long section of the northwest trending dike system. Recent exploration conducted in the vicinity of the B8 dike has confirmed that this dike is linked to the Brauna 21 occurrence. Mini-bulk sampling of the one hectare Brauna 7 pipe, situated 1 km to the east of the B3 pipe, resulted in the recovery of 30 diamonds with a total weight of 3.87 carats from approximately 87 tonnes of kimberlite with an estimated recovered diamond grade of 4.5 cpht.

Vaaldiam commissioned the NI 43-101 mineral resource estimate for the B3 kimberlite pursuant to its obligation under NI 43-101 to prepare and file technical reports and as such, the technical report is the sole responsibility of Vaaldiam.

This release has been reviewed by Katharine Masun P.Geo., who is a qualified person under NI 43- 101. For additional information regarding Vaaldiam please visit www.vaaldiam.com.

Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.

Contacts: Vaaldiam Mining Inc. Robert Jackson President and Chief Executive Officer [e-mail]

SOURCE: Vaaldiam Mining Inc.

mailto:[e-mail]
Copyright 2011 Marketwire, Inc., All rights reserved.

[jensdab]

Ziemlich viel Bewegung in den letzten Wochen.

Hoffen wir, dass es endlich aufwärts geht. 200 Tageslinie hält sich gut ähnlich wie im Oktober 2010.

[jensdab]

Verluste haben sich verringert, dennoch moderater Abschlag beim Kurs mit - 3,45 %


VAALDIAM REPORTS 2010 FINANCIAL RESULTS
TORONTO – March 28, 2011 – Vaaldiam Mining Inc. (‘Vaaldiam’ or the ‘Company’) (TSX: VAA)


reports that, for
the year ended December 31, 2010, it has recorded a net loss of $8,102,000 or $0.12 per share compared to a net loss of
$35,369,000 or $0.74 per share in 2009.
Vaaldiam ended the year with a strong cash position of $8.3 million and working capital of $7.6 million. Vaaldiam also
holds 10.6 million shares in Flemish Gold Corp. (‘Flemish’), which is focused on gold exploration in sub-Saharan
Africa, marketable securities valued presently at approximately $2.3 million and royalties on two major exploration and
development projects.


Company Highlights

Braúna Bulk Sampling
A National Instrument 43-101 (“NI 43-101”) report, completed at the end of December 2010, provided estimates of
Indicated Resources at Braúna 3 to a depth of approximately 40 metres of 0.63 million tonnes at a grade of 24.58 carats
per hundred tonnes (“cpht”) in the south lobe and 0.67 million tonnes at a grade of 4.72 cpht in the north lobe of the
kimberlite. Inferred Resources to a depth of approximately 200 metres are estimated to contain 3.75 million tonnes at a
grade of 24.58 cpht in the south lobe and 1.04 million tonnes at a grade of 4.72 cpht in the north lobe. The diamonds
from the north and south lobes were valued at US$98 per carat (“ct”) and US$339 per ct, respectively, using the average
estimated sales price of two independent diamond valuations. A Preliminary Economic Assessment was commissioned
at the end of December 2010 and the results are expected to be completed by April 30, 2011.
On March 4, 2011, Vaaldiam entered into an arrangement with the joint venture partners of the Braúna project to
restructure the existing arrangement and to increase the ownership interest of the Company in the Braúna project from
20% to 51% by paying a transaction consideration of US$6.5 million to the existing partners and financing the project
development cost to production. Vaaldiam is the operator for the project and will advance the project by additional
exploration work in 2011, with a full feasibility study expected to follow.
Duas Barras Mine
Pre-production at the Duas Barras mine commenced in the third quarter of 2010, focusing on pre-stripping and plant
commissioning. During 2010, 56,179 bank cubic metres (“bcm”) of new gravel was mined and blended with 38,243 bcm
of stockpiled gravel for a total run-of-mill feed of 78,475 bcm of gravel and a gravel stockpile as at December 31, 2010
of 15,947 bcm. A total of 8,804 carats (“cts”) of diamonds were recovered during 2010 at an average grade of 0.11 cts
per bcm (8,161 cts in the 4th quarter at an average grade of 0.15 cts per bcm) versus an average resource grade of 0.16
cts per bcm. In addition, 4,696 g or 150 troy ounces of gold were produced during 2010, at an average grade of 0.05 g
per bcm versus an average resource grade of 0.18 g per bcm. With the higher than expected level of stripping and
operating costs, and the lower than expected grades of diamond and gold experienced in the pre-production period, the
Company reviewed the Duas Barras project for impairment and recorded a $4.7 million impairment loss at December 31,
2010. Management continues to monitor Duas Barras closely and will consider and evaluate any necessary action
required to improve the diamond and gold grades.
Other transactions
On July 30, 2010, the Company closed the sale to Base Resources Limited (ASX:BSE) (“BRL”, previously Base Iron
Limited) whereby BRL would acquire the Kwale Mineral Sands Project (‘Kwale’), all the intellectual property
associated with Vaaldiam’s mineral sands projects in Africa and an option to acquire 100% of Tiomin Kenya Limited
(‘TKL’) for US$3 million in cash on closing and a cash royalty of 1.5% of all product revenue from Kwale.
In the first quarter of 2010, Vaaldiam sold its 49% contributing equity interest in the Pukaqaqa copper-gold project in
Peru to Compañía Minera Milpo S.A.A. (“Milpo”) for US$7 million in cash. Vaaldiam will also receive US$4 million if
the project begins commercial production, a second payment of US$4 million one year later and a variable Net Smelter
2
Return royalty (“NSR”). The NSR is 1% on all mineral production if the quarterly LME copper price averages US$3/lb
or less and 2% above US$3/lb.
Vaaldiam continues to pursue its strategy of using cash flow from disposing of non-core assets to sustain itself and to
advance its high-potential hard rock diamond and gold properties in Brazil. It is well-positioned to exploit the
strengthening market for rough diamonds.
Selected Financial Information
(Expressed in thousands of Canadian dollars, except share capital amounts):
December 31,
2010
December 31,
2009
Net loss for the year 8,102 35,369
Loss per share 0.12 0.74
Total assets 25,452 22,719
Working capital 7,619 17,736
Mineral properties 4,691 -
Share Capital:
Common shares (000s) 71,627 48,226
Warrants (000s) 6,094 10,329
Options (000s) 4,807 4,245
Cash Flow and Liquidity
As at December 31, 2010, Vaaldiam had working capital of $7.6 million, compared with $17.7 million at December 31,
2009. For the year ended December 31, 2010, Vaaldiam generated cash of $7.1 million, which included proceeds of $7.3
million from the sale of the Company’s interest in Pukaqaqa project in Peru, proceeds of $3.1 million on the sale of the
Kwale project and proceeds of $10.0 million on the maturity of a short-term investment. This was offset by cash used in
operating activities of $9.6 million, plant and equipment additions of $0.7 million, deferred pre-production costs of $1.4
million and $0.7 million for the acquisition of Vaaldiam Resources Ltd.
The information above should be reviewed in conjunction with the Company’s consolidated financial statements and
management discussion and analysis for the year ended December 31, 2010 that will be available shortly on
www.sedar.com and www.vaaldiam.com.
For further information on Vaaldiam please contact:
Frances Kwong, VP Finance and CFO (E-Mail: [e-mail]; Phone: [phone])
Robert Jackson, President and CEO (E-Mail: [e-mail]; Phone: [phone])


http://de.advfn.com/nachrichten/Vaaldiam-Reports-2010-Financ…" target="_blank" rel="nofollow ugc noopener">http://de.advfn.com/nachrichten/Vaaldiam-Reports-2010-Financ…

[jensdab]

News Release (TSX: VAA)
POSITIVE PRELIMINARY ASSESSMENT AT BRAÚNA

TORONTO: April 7, 2011 – Vaaldiam Mining Inc. (‘Vaaldiam’ or ‘the Company’) (TSX: VAA) is
pleased to report a positive Preliminary Assessment (‘PA’) for the Braúna 3 Diamond Project (‘B3’),
located at its 5,000 hectare Braúna kimberlite diamond property (‘the property’) in the State of
Bahia, Brazil. Vaaldiam reported on March 4, 2011 that it has entered into an agreement to increase
its interest in the property from 20% to 51%. The property has excellent infrastructure and good
exploration potential: it contains 22 known kimberlites, including B3, of which Vaaldiam has tested
nine, all of which contained diamonds. Bahia is an economically under-developed state with
government incentives for investors.

The B3 PA includes a conceptual open pit mine plan, processing plant design, environmental
aspects, capital and operating cost estimates, and project cash flow models prepared by Coffey
Consultoria e Serviços Ltda. (“Coffey”), a subsidiary of Coffey Mining and Coffey International
Limited of Australia. The conceptual open pit mine plan is based upon a National Instrument 43-
101 (‘NI43-101’) compliant Mineral Resource estimate prepared by A.C.A. Howe International
Limited (‘Howe’), as reported by Vaaldiam on January 20, 2011, and a modified NI43-101 Mineral
Resource prepared by Coffey as part of the PA.
Vaaldiam CEO Robert Jackson said “This PA confirms our belief that B3 is a low cost, high return
kimberlite diamond project that compares extremely well with high cost development projects in
Canada, for example. We are pleased with the PA and hope that we can improve on its initial
economic assumptions by using a combination of our existing equipment and attractive equipment
financing terms. This initial analysis excludes any potential deeper than 200 metres at B3, or from
other nearby kimberlites, and we believe that this initial B3 open pit is only the beginning and that
there is significant blue sky potential at the other nearby kimberlites and at depth at B3. We are
working to convert that potential into reality.”
Highlights of the study, for 100% of the project on an equity basis, are as follows:
 Using a 10% discount rate and an independent diamond value of US$338/carat:
o Base case pre-tax Net Present Value (‘NPV’) of US$33.6 million and Internal Rate of
Return (‘IRR’) of 42%, using Coffey’s NI43-101 Mineral Resource with base case
diamond grade of 16.8 carats per 100 tonnes (‘cpht’); and
o Second scenario pre-tax NPV of US$101.0 million and IRR of 107% using the Howe
NI43-101 Mineral Resource diamond grade of 24.58 cpht.
 A conceptual open pit mine life of 5 years based on a production rate of 720,000 t/year,
waste stripping ratio of 4.45 and a total open pit diamond production of 573,000 carats for
Coffey’s Mineral Resource and 839,000 carats for Howe’s Mineral Resource. This excludes
any potential below 200 metres at B3 or from other nearby kimberlites.
 Project capital cost of US$25 million (including 15% contingency) and average open pit life
of mine operating cost of US$31/t run of mine production (‘ROM’) in a conceptual mine
plan using open pit mining to a depth of approximately 200 metres below surface.
2
B3 Resources – Howe
Vaaldiam reported on January 20, 2011 that Howe prepared an initial NI43-101 Mineral Resource
and defined Indicated Resources to a depth of approximately 40 metres of 0.63 million tonnes at a
grade of 24.58 cpht in the South Lobe, and 0.67 million tonnes at a grade of 4.72 cpht in the North
Lobe of the B3 kimberlite. Howe also reported Inferred Resources to a depth of approximately 200
metres containing 3.75 million tonnes at a grade of 24.6 cpht in the South Lobe and 1.04 million
tonnes at a grade of 4.7 cpht in the North Lobe, at diamond valuations of US$338/carat and
US$100/carat respectively.
Braúna 3 Global Resource Statement, North and South Lobes – Howe
Mineral
Resource Classification Volume
(m3)
Density
(t/m3) Tonnes
Diluted
Grade
(cpht)
Carats
North Lobe Indicated
Inferred
247,000
386,000
2.7
2.7
667,000
1,042,000
4.72
4.72
31,000
49,000
South Lobe Indicated
Inferred
233,000
1,390,000
2.7
2.7
629,000
3,753,000
24.58
24.58
155,000
922,000
B3 Resources – Coffey
Coffey reviewed the Howe Mineral Resource Statement and adjusted the diamond grade so that it is
based on volume (ct/100m3) using density data acquired from the surface bulk samples and drilling
programs, to account for a difference in density between the saprolitic samples excavated at surface
and the harder, fresh kimberlite at depth. Coffey estimated an average resource diamond grade of
16.8 cpht for their base case scenario for the South Lobe of the B3 kimberlite, and a diamond
valuation of US$338/carat. Coffey did not consider the North Lobe in the PA because the diamond
grade based on the surface sampling completed to date was too low to be declared a Resource at a
value of US$100/carat.
Braúna 3 Global Resource Statement, South Lobe Only – Coffey
Mineral
Resource Classification Volume
(m3) Tonnes Grade cpht Total
Carats US$/ct
Saprolite
Fresh Rock
Indicated
Inferred
14,700
1,606,100
24,200
4,410,100
27.7
16.6
6,700
733,000
338
338
Preliminary Assessment
Coffey prepared a conceptual mine plan, process plant design, capital cost and operating cost
parameters, and a preliminary economic assessment based on the mineral resource block model
prepared by Howe. Coffey based their economic assessment on two open pit mining scenarios
focused only on the South Lobe of the B3 kimberlite. Coffey’s ‘Base Case’ scenario is based on
3.49 million tonnes (‘Mt’) of Coffey’s Mineral Resource. The Base Case financial model uses a
diamond price of US$338/ct, which is the average value of 1,013.75 carats of diamonds recovered
from the South Lobe of B3, independently valued by Diamond Counsellors International of London,
U.K. and International Economic Strategies of Antwerp, Belgium in November 2010 (as reported by
Vaaldiam on December 2, 2010).

The second scenario prepared by Coffey is based on 3.49Mt of Howe’s South Lobe Mineral
Resource.
3
Conceptual Mine Plan
The conceptual mine plan envisions open pit mining of the South Lobe of the B3 kimberlite to a
depth of approximately 200 metres. The mining sequence and design was determined by optimizing
the pit depth to achieve a production rate of 720,000 t/year to support a processing rate of 100 t/hr.
The pit designs were finalized using the Whittle pit optimization software on both the Coffey Base
Case and Howe Resource models, with a stripping ratio of 4.45:1. The plan assumes that contract
mining will be employed for all mining operations.
Diamond Processing Plant
Coffey proposed a diamond processing plant capable of processing 720,000 t/year of kimberlite ore.
Ore preparation will include initial jaw and cone crushing followed by tertiary crushing, scrubbing
and screening with vibrating screens. Ore is concentrated in a Dense Media Separation plant and the
diamonds separated from the heavy mineral concentrate using X-ray sorting and grease-table
technology. Diamond recovery is estimated at 98% of the resource grade based on a bottom screen
size cut-off of 1.0mm, and an upper-screen size cut-off of 30mm to allow the recovery of large
diamonds.
Capital Cost
Coffey has estimated a capital cost, for the mining, diamond processing plant and infrastructure of
US$25 million, including a 15% contingency. It is envisioned that contractors will be used for site
infrastructure construction. Coffey based its estimate of the capital cost on factored costs from
previous project equipment capital cost information.
Scoping Study Plant Capital Cost Estimate
Discipline US$ % of Total
Earthworks & Roads, Civils, Building Works
Mechanical Equipment Supply & Erection
Piping, Steel and Erection
Electrical Equipment & Instrumentation
Indirect & Owners Costs
Pre-Production Costs
EPCM
Transport
Contingency
5,160,098
3,971,066
2,640,859
2,263,593
2,452,226
282,949
1,509,062
100,000
3,187,623
23.9%
18.4%
12.2%
10.5%
11.4%
1.3%
7.0%
0.5%
14.8%
TOTAL 21,567,476 100%
Operating Cost
Coffey has considered a processing rate of 720,000 t/year ROM and an average waste stripping ratio
of 4.45:1. The mining operation is envisioned to mine and transport an average of 3.9Mt per annum
(‘Mtpa’) ore and waste and a total of 19.0Mt over the expected 5-year open pit life of mine,
excluding any potential below 200 metres and from other nearby kimberlites.
Coffey’s base case operating costs have been derived from first principles and from reference to
contract mining costs at comparable-sized mining operations in Brazil. In summary, mining costs
are estimated at US$4.25/t mined. Costs for processing and general and admnistration are estimated
at US$6.23/t and US$1.72/t respectively.
4
Project Overview
The two-hectare B3 pipe is open vertically and laterally and is located in easily accessible terrain just
7 km south of the town of Nordestina. Nordestina has excellent infrastructure, grid power, services
and a pool of skilled labour.
Vaaldiam has performed exploration work elsewhere on the property, including the Braúna 8 (‘B8’)
kimberlite dike situated 5 km north of the B3 pipe. Mini-bulk samples from this 4.5 metre-wide dike
produced 170 diamonds weighing 19.37 carats, including a 7.97 carat white octahedron stone, from
approximately 46 dry tonnes, inferring a recovered grade of 42 cpht. The B8 occurrence is a
vertically oriented kimberlite dike forming a 1,000 metre-long section of the northwest trending dike
system. Recent exploration conducted in the vicinity of the B8 dike has confirmed that this dike is
linked to the Braúna 21 occurrence. Mini-bulk sampling of the one hectare Braúna 7 pipe, situated 1
km to the east of the B3 pipe, resulted in the recovery of 30 diamonds with a total weight of 3.87
carats from approximately 87 tonnes of kimberlite with an estimated recovered diamond grade of 4.5
cpht.
Vaaldiam commissioned the B3 PA pursuant to its obligation under NI 43-101 to prepare and file
technical reports and as such, the PA is the sole responsibility of Vaaldiam.
This release has been reviewed by Norman Lock (BSc, PhD, CGeol FGS, PrSciNat) who is a
qualified person under NI 43-101. For additional information regarding Vaaldiam please visit
www.vaaldiam.com, or contact Robert Jackson, President and Chief Executive Officer at
[e-mail].

[jensdab]

14.04.2011 16:23
Vaaldiam Files Brauna Technical Report on Sedar

TORONTO, ONTARIO -- (Marketwire) -- 04/14/11 -- Vaaldiam Mining Inc. ('Vaaldiam' or 'the Company') (TSX: VAA) is pleased to report that it has filed the National Instrument 43-101 ('NI 43-101') Preliminary Assessment ('PA') for the Brauna 3 Diamond Project ('B3'), located at its 5,000 hectare Brauna kimberlite diamond property ('the property') in the State of Bahia, Brazil. The PA, reported by Vaaldiam on April 7, 2011, is available at:

http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…

Coffey Consultoria e Servicos Ltda. ('Coffey'), a subsidiary of Coffey Mining and Coffey International Limited of Australia wrote the PA. The PA contains two strongly positive economic models for B3 using a Mineral Resource estimate by A.C.A. Howe International Limited ('Howe'), reported by Vaaldiam on January 20, 2011, and a modified NI 43-101 Mineral Resource prepared by Coffey as part of the PA.

Vaaldiam CEO Robert Jackson said "B3's initial pre-tax Net Present Value ('NPV'), at a 10% discount rate, using Howe's grade of 24.58 carats per 100 tonnes ('cpht') is US$101.0 million and the Internal Rate of Return ('IRR') is 107%. Coffey's NPV, at a modified grade of 16.4 cpht, is still US$33.6 million with an IRR of 42%. These results are extremely good and require low plant Capex of US$21.6 million. We will gather more data in 2011 to narrow the range in the NPV and IRR values to a single point. What matters is that both models are robustly positive, require minimal outlay and only consider the very initial development of the project, giving no value to potential development underground at B3 beneath 200 metres and to the 21 other kimberlites on the property, some of which are known to contain diamonds. In the past year we delivered exactly what we said at B3: we sold non-core assets to raise cash to do a bulk sample, commissioned independent valuations of our stones, established an initial Mineral Resource, entered into an agreement to increase our interest to 51% of the property and completed the PA. We note that the price of rough diamonds has risen significantly since November 2010 when we obtained our independent valuations of US$338/carat, which is very high compared to the global average for rough diamond prices of about US$70/carat. We will issue an update of our 2011 plan for B3 during April".

Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.

Contacts:
Vaaldiam Mining Inc.
Robert Jackson
President and Chief Executive Officer
[e-mail]
www.vaaldiam.com

http://www.finanznachrichten.de/nachrichten-2011-04/19945055…

[bre128]

Vaaldiam to Expedite Brauna & Focus on Kimberlites

TORONTO, ONTARIO -- (Marketwire) -- 04/26/11 -- Vaaldiam Mining Inc. ('Vaaldiam' or 'the Company') (TSX: VAA) is pleased to report its 2011 development plan for the Brauna 3 Diamond Project ('B3'), located at its 5,000 hectare Brauna kimberlite diamond property ('Brauna' or 'the Property') in the State of Bahia, Brazil.


Vaaldiam will spend US$3.9 million, including 12% contingency, on the Property in 2011. The strategy is to focus on the kimberlite potential at Brauna, to increase the initial B3 diamond resource and to expedite B3 to production as quickly as possible. Vaaldiam has a portfolio of investments that it can sell to finance the program.


Vaaldiam CEO Robert Jackson said 'We expect a substantial return from this budget. We need information for our feasibility study and we want to substantially increase our initial resource. We had excellent results at B3 from our surface bulk sample in 2010, finding good grades and high quality diamonds. Now we will sink a shaft in the centre of B3 to least 80 metres to test the vertical grade distribution and density, gathering enough fresh kimberlite to perform a second bulk sample for our feasibility study. We also plan approximately 4,150 metres of delineation drilling at B3 and 1,350 metres of drilling with thirteen holes delineating the Brauna 8 - Brauna 21 kimberlite dike system to enhance our understanding of its potential as economic extensions of B3. Our initial resource at B3 only considers the top 200 metres of the deposit and we know it goes deeper. We are also initiating our permitting process'.


Separately, Vaaldiam has decided to cease operations at its Duas Barras ('DB') alluvial mine so that it can focus its resources on the greater potential at Brauna. Diamond and gold grades at DB have been extremely variable in the last six months and have not met expectations. Rising diamond prices may eventually improve the mine's economics and make it reliably profitable, but until then Vaaldiam believes its resources are best invested at Brauna. Diamond prices continue to rise because of a long-term structural imbalance between rising demand and a lack of new mines.


Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.

Contacts:

Vaaldiam Mining Inc.

Robert Jackson

President and Chief Executive Officer
[e-mail]
www.vaaldiam.com

http://www.minenportal.de/artikel.php?sid=36506〈=en#Vaaldiam…

[xxtsc]

Antwort auf Beitrag Nr.: 41.413.714 von bre128 am 26.04.11 20:58:06

June 10, 2011
Vaaldiam Mining’s Brauna Kimberlite Diamond Project In Brazil Begins To Shape Up As A Serious Mining Proposition

By Charles Wyatt

With a name like Vaaldiam Mining one’s mind immediatelyzeroes in on diamonds in South Africa, but that would be a mistake.Vaaldiam Resources, as it was known in 2004 when Minews first wroteabout it, has been chasing diamonds in Brazil for several years. KenJohnson, who was the chief executive at the time, explained back thenthat although ‘Vaal’ comes from the Vaal River, which is the birthplaceof diamonds in Africa, the focus was on the State of Rondonia in Brazil,where a diamond rush had resulted, following the discovery of twokimberlite pipes by garimpeiros on the Rooseveld Indian Reserve in 2002.These pipes, 15 kilometres along the Lajes river from the Pimenta Buenoproperty owned by Vaaldiam, and the associated downstream alluvialdeposits, were producing at a rate of 100,000 carats per month only twoyears later. In a very short time Rio Tinto, which had relinquished thePimenta Bueno property in late 1900s changed its mind and agreed tore-acquire a controlling interest in the property by spending a total ofUS$12.5 million over three years.

This is all old history but itdemonstrates that Ken was quick on his feet and usually in the rightplace at the right time. Now the focus is on Vaaldiam’s 51 per centinterest in the Brauna diamond project in the State of Bahia and RobertJackson, a mining engineer, has taken over as chief executive, thoughKen is still in charge of operations in Brazil. This project covers 50square kilometres and consists of three exploration concessions whichencompass four diamondiferous kimberlite pipes or blows that areassociated with a system of 22 kimberlite occurrences over a distance of15 kilometres. At the beginning of this year an initial resourceestimate was announced for the B3 kimberlite with 630,000 tonnesgrading 24.58 carats per hundred tonnes (cpht) to a depth of around 40metres in the South Lobe and 670,000 tonnes at just 4.72 cpht in theNorth Lobe, all in the indicated category. In addition there were alsoinferred resources to a depth of approximately 200 metres containing3.75 million tonnes at a grade of 24.6 cpht in the South Lobe and 1.04million tonnes at a grade of 4.7 cpht in the North Lobe.



So the South Lobe has many more diamonds, with 155,000 carats in theindicated category and another 922,000 carats inferred, while the NorthLobe offers only 31,000 carats indicated and 49,000 carats inferred.Even more important, the average value per carat in the South Lobe is aheady US$339 per carat, while that in the North Lobe is only US$98 percarat. Small wonder then that the South Lobe was effectively the focusfor a preliminary economic assessment, which proved positive. Based onan earlier resource grade of only 16.8 cpht this study showed a netpresent value of US$33.6 million and an internal rate of return 42 percent using a 10 per cent discount rate and a diamond value of US$338 percarat. But subsequent to that a recent resource estimate from ACA Howeusing a grade of 24.58 cpht whacked these figures up to US$101 millionand 107 per cent respectively which leaves little doubt as the project’spotential.



The studies have envisaged an open pit operation producing 720,000tonnes per year for five years. Based on the earlier Coffey resourcethat would mean production of 530,000 carats per year, but this wouldrise to 839,000 carats per year on the Howe figures. The capital cost islikely to be a modest US$25 million, including a 15 per centcontingency, and average open pit life of mine operating costs shouldcome in at around US$31 per tonne, on the basis of a conceptual mineplan down to 200 metres. Small wonder that Robert Jackson has decided tospend US$3.9 million on the Brauna property this year. His strategy nowis to focus on the kimberlite potential at Brauna, to increase theinitial B3 diamond resource and to bring that kimberlite into productionas quickly as possible. Fortunately, Vaaldiam has a portfolio ofinvestments which can be sold so it’s under no particular financialpressure.



A significant part of this portfolio is the holding in Flemish GoldCorporation, a company with mining assets in Africa which has recentlyraised C$10 million by a placing and which will seek a listing in Canadalater this year. Vaaldiam has 10.6 million shares in the company whichis equivalent to 18.5 per cent and the recent fund raising at C$1.00 perunit through BMO Capital Markets should ensure a price better thanC$1.00 at listing. That might be an opportunity for Vaaldiam to sell itsshares and raise nearly half of the capex required for Brauna 3.However, such a move would be a bit of a volte face for Robert Jacksonwho said last month that Flemish was a key part of Vaaldiam’s growthstrategy. Even so, management is all about making difficult decisionsand it is a fair bet that North American shareholders in Vaaldiam preferdiamonds in Brazil to exploration in Burundi, Rwanda and Uganda.



Unfortunately it proved impossible to track down Robert or KenJohnson at the company’s offices in Vancouver or Belo Horizonte, somaybe they were at one of the innumerable mining conventions that takeplace in North America at this time of year. What we know, however, isthat good results were received from a bulk sample taken last year interms of high grades and quality diamonds, and the best way forward witha kimberlite is to repeat such an exercise on a larger scale. The planis to sink a shaft in the centre of B3 to a depth of at least 80 metresand take another bulk sample which can be used in the feasibility study.The nice thing about such projects is that bulk sampling may merge intoa commercial operation if everything goes right. In this case therewill be more delineation drilling to understand more about thekimberlite dyke system between Brauna 8 and Brauna 21, but the messageis that the big bet is now on the Brauna project.

http://minesite.com/news/vaaldiam-minings-brauna-kimberlite-…" target="_blank" rel="nofollow ugc noopener">
http://minesite.com/news/vaaldiam-minings-brauna-kimberlite-…

[bre128]

Vaaldiam Reports 2011-Q1 Financial Results

TORONTO, ONTARIO -- (Marketwire) -- 06/15/11 -- Vaaldiam Mining Inc. ('Vaaldiam' or the 'Company') (TSX: VAA) reports that, for the three months ended March 31, 2011, it has recorded a net loss of $7,641,000 or $0.11 per share compared to a net loss of $2,146,000 or $0.04 per share for the same period in 2010, reflecting the asset impairment of Duas Barras.



Vaaldiam ended the period with a cash position of $5.6 million and working capital of $3.7 million. Vaaldiam also holds 10.6 million shares in Flemish Gold Corp. ('Flemish'), which is focused on gold exploration in sub-Saharan Africa, marketable securities valued at approximately $2.0 million and royalties on two major exploration and development projects. Vaaldiam holds 51% of the Brauna diamond project in Bahia, Brazil as well as two diamond mines, Duas Barras in Minas Gerais, Brazil and Chapada in Mato Grosso, Brazil, both of which are on care and maintenance, as well as 100% interest in the gold deposit at Brauna and other kimberlite projects.




Company Highlights



Brauna Project



On March 4, 2011, Vaaldiam entered into an arrangement with the joint venture partners of the Brauna project to restructure the existing arrangement and to increase the ownership interest of the Company in the Brauna project from 20% to 51% by paying a transaction consideration of US$6.5 million over 15 months to the existing partners and financing the project development cost to production. Vaaldiam is the operator for the project. See press release of March 4, 2011.



On April 7, 2011, Vaaldiam issued a National Instrument 43-101 ('NI 43-101') compliant Preliminary Assessment Report ('PA Report') which presented two net present valuations ('NPV') at a 10% discount rate and an independent diamond value of US$338 per carat ('ct'): a base case pre-tax NPV of US$33.6 million and internal rate of return ('IRR') of 42%, using the NI 43-101 mineral resource of diamond grade of 16.8 cts per 100 tonnes ('cpht') by Coffey Mining, and the second scenario of pre-tax NPV of US$101.0 million and IRR of 107% using the NI 43-101 mineral resource diamond grade of 24.58 cpht presented by A.C.A. Howe International in December 2010.



Duas Barras Mine



During the first quarter of 2011, a total of 4,355 cts of diamonds and 6.9 kilograms (221 troy ounces) of gold were recovered from 58,397 bank cubic metres ('bcm') at Duas Barras, resulting in an average diamond grade of 0.07 cts per bcm and an average gold grade of 0.12 grams of gold per bcm. These are much lower than the diamond resource grade of 0.16 cts per bcm and the gold resource grade of 0.18 grams of gold per bcm. With the escalating fuel costs and other operating costs, and the lower than expected grades, Vaaldiam made the decision in April to suspend operations at Duas Barras until such time that rising diamond prices may improve the mine's economics and make it reliably profitable. Until then, Vaaldiam will focus its attention on the Brauna project. As a result of suspending operations at Duas Barras in April, Vaaldiam reviewed the carrying value of Duas Barras mine for asset impairment at the end of the quarter and recorded an asset impairment loss of $6.1 million for the quarter ended March 31, 2011, representing the full carrying value of the mine and plant and equipment as at March 31, 2011.



Vaaldiam continues to pursue its strategy of using cash flow from disposing of non-core assets to sustain itself and to advance its high-potential hard rock diamond and gold properties in Brazil.


Selected Financial Information(Expressed in thousands of Canadian dollars, except share capital amounts): March 31, March 31, 2011 2010----------------------------------------------------------------------------Net loss for the year 7,641 2,146Loss per share 0.11 0.04Total assets 32,222 34,314Working capital 3,675 10,095Mineral properties 15,395 8,364Share Capital: Common shares (000s) 71,633 71,388 Warrants (000s) 6,094 9,935 Options (000s) 4,747 4,617----------------------------------------------------------------------------

Cash Flow and Liquidity



As at March 31, 2011, Vaaldiam had working capital of $3.7 million, compared with $10.1 million at March 31, 2010. For the three months ended March 31, 2011, Vaaldiam used cash of $2.7 million, which included cash used in operations of $1.5 million, expenditures on plant and equipment and mine development of $0.3 million and payment of $0.9 million to the joint venture partners with respect to the Brauna transaction discussed above.



International Financial Reporting Standards ('IFRS')



This is the first unaudited condensed interim financial report prepared in accordance with IFRS. Under IFRS 1 First-time Adoption of IFRS, the IFRS are applied retrospectively at the transition date of January 1, 2010. The effect of the transition from Canadian Generally Accepted Accounting Principles ('Canadian GAAP') to IFRS is not material and the explanation of how the transition from Canadian GAAP to IFRS has affected Vaaldiam's financial position, financial performance and cash flows are set out in the financial statements.



The information above should be reviewed in conjunction with the Company's consolidated financial statements, which was prepared in accordance with Canadian GAAP, and management discussion and analysis for the year ended December 31, 2010 that is available on www.sedar.com and www.vaaldiam.com.



This release has been reviewed by Katya Masun P.Geo., who is a qualified person under National Instrument 43-101.



Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.



Contacts:

Vaaldiam Mining Inc.

Frances Kwong

VP Finance and CFO

416-363-6927
[e-mail]


Vaaldiam Mining Inc.

Robert Jackson

President and CEO

416-363-6927
[e-mail]
www.vaaldiam.com

[bre128]

Vaaldiam Reduces Costs and Defers Brauna Payment

TORONTO, ONTARIO -- (Marketwire) -- 08/04/11 -- Vaaldiam Mining Inc. ('Vaaldiam' or 'the Company') (TSX: VAA) reports that it did not make the installment of US$1.5 million which became due today under the previously announced March 2011 agreement with its joint venture partners in the Brauna project under which the Company increased its interests in the Brauna project from 20% to 51%. Vaaldiam is in discussions with its partners to seek a mutually acceptable arrangement for addressing this payment.



In March 2011, Vaaldiam agreed with its joint venture partners in the Brauna project that it would undertake to make three installments totalling approximately US$6.5 million as part of the transaction consideration to acquire the additional interest. The first installment of approximately US$0.9 million was paid on execution of the agreement; a second installment of US$1.5 million was due on August 4, 2011, and the remainder is due on June 4, 2012.




In the second quarter of 2011, global events have combined to reduce investors' appetites for risk: the earthquake in Japan, the European debt crisis, slowing growth in the U.S. and China, and now increasing uncertainty about downgrades to the United States debt rating, all contributed to increased risk aversion. As such, the Company is reducing costs where possible and also delaying expenditures until the markets for junior resource equities and its non-core assets improve.



Vaaldiam CEO Robert Jackson said, 'The junior resource sector is characterized by periods of extreme variability in terms of capital availability and the key success factor for junior companies in periods such as this is to reduce costs and survive until capital is available again. Vaaldiam is currently pursuing this strategy.'



The Company has cash on hand of approximately $4 million, owns marketable securities valued at approximately $1.7 million, owns 18.55% of Flemish Gold Corp. (a private company with gold properties in eastern Africa) and royalty rights in the Kwale project in Kenya and the Pukaqaqa project in Peru.



For additional information regarding Vaaldiam please visit www.vaaldiam.com.



Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.



Contacts:

Vaaldiam Mining Inc.

Robert Jackson

President and Chief Executive Officer
[e-mail]
www.vaaldiam.com

http://www.minenportal.de/unternehmen_nachrichten.php?mid=36…

[bre128]

Vaaldiam Reports 2011-Q2 Financial Results

TORONTO, ONTARIO -- (Marketwire) -- 08/08/11 -- Vaaldiam Mining Inc. ('Vaaldiam' or the 'Company') (TSX: VAA) reports that, for the three and six months ended June 30, 2011, it has recorded a net loss of $855,000 and $8,496,000 or $0.01 and $0.12 per share compared to net income of $711,000 and a net loss of $1,435,000 or net income per share of $0.01 and net loss per share of $0.02 for the same period in 2010.



Vaaldiam ended the period with a cash position of $4.2 million and a working capital deficit of $1.8 million, reflecting an amount of US$5.3 million due on the Brauna transaction discussed below. Vaaldiam also holds 10.6 million shares in Flemish Gold Corp. ('Flemish'), which is focused on gold exploration in sub-Saharan Africa, marketable securities valued at approximately $1.7 million and royalties on two major exploration and development projects. Vaaldiam holds 51% of the Brauna diamond project in Bahia, Brazil as well as two diamond mines, Duas Barras in Minas Gerais, Brazil and Chapada in Mato Grosso, Brazil, both of which are on care and maintenance, as well as 100% interest in the gold deposit at Brauna and other kimberlite projects.




Company Highlights



Brauna Project



On March 4, 2011, Vaaldiam entered into an arrangement with the joint venture partners of the Brauna project to restructure the existing arrangement and to increase the ownership interest of the Company in the Brauna project from 20% to 51% by paying a transaction consideration of US$6.5 million over 15 months to the existing partners and financing the project development cost to production. Vaaldiam is the operator for the project. See press release of March 4, 2011.



On April 7, 2011, Vaaldiam issued a National Instrument 43-101 ('NI 43-101') compliant Preliminary Assessment Report ('PA Report') which presented two net present valuations ('NPV') at a 10% discount rate and an independent diamond value of US$338 per carat ('ct'): a base case pre-tax NPV of US$33.6 million and internal rate of return ('IRR') of 42%, using the NI 43-101 mineral resource estimate of diamond grade of 16.8 cts per 100 tonnes ('cpht') by Coffey Mining, and the second scenario of pre-tax NPV of US$101.0 million and IRR of 107% using the NI 43-101 mineral resource estimate of diamond grade of 24.58 cpht presented by A.C.A. Howe International in December 2010.



Under the terms of the March 4, 2011 agreement, US$1.5 million would become due to the partners on August 4, 2011. As reported last week (see press release of August 4, 2011), the Company did not make this payment on time and is in discussions with its partners to work out a mutually acceptable arrangement for addressing this payment.



Duas Barras Mine



With the escalating fuel costs and other operating costs, and the lower than expected grades at Duas Barras, Vaaldiam suspended operations at Duas Barras in April. Vaaldiam had reviewed the carrying value of Duas Barras mine for asset impairment at the end of the quarter and recorded an asset impairment loss of $6.1 million for the quarter ended March 31, 2011, representing the full carrying value of the mine and plant and equipment as at March 31, 2011. The mine was placed on care and maintenance and the remaining inventory of diamonds and gold sold in the quarter ended June 30, 2011.



Royalty Interests and Investments



The Company owns a 1.5 % gross sales royalty from the Kwale mineral sands project (the 'Kwale' project) in Kenya. The Kwale project is presently owned by Base Resources Ltd. ('BRL') (ASX: BSE). BRL recently announced that it has received confirmation of formal credit approval of a US$170 million syndicated project finance facility. It further announced that it is undertaking an equity financing of A$170 million, consisting of an A$140 million confirmed placement that was significantly over-subscribed as well as A$30 million rights issue. Material licences and permits are now in place, and both debt and equity financing are expected to be completed by the end of the third quarter 2011 and production is expected to commence mid-2013. BRL's Enhanced Definitive Feasibility Study ('EDFS') for the project forecasts total revenues in excess of US$2 billion with more than half of the total revenue occurring in the first five years of the 13 year life.


Selected Financial Information(Expressed in thousands of Canadian dollars, except share capital amounts): June 30, 2011 June 30, 2010----------------------------------------------------------------------------Net loss (income) for the quarter 855 (711)Loss per share 0.01 (0.01)Total assets 31,970 32,918Working capital (deficit) (1,811) 7,820Mineral properties 15,874 12,471Share Capital: Common shares (000s) 71,633 71,388 Warrants (000s) 6,094 9,844 Options (000s) 4,997 4,607----------------------------------------------------------------------------

Cash Flow and Liquidity



As at June 30, 2011, Vaaldiam had a working capital deficit of $1.8 million, compared with $7.8 million at June 30, 2010. The working capital deficit at June 30, 2011 includes the US$5.3 million due on Brauna transaction. For the six months ended June 30, 2011, Vaaldiam used cash of $4.1 million, which included cash used in operations of $3.2 million, expenditures on plant and equipment and mine development of $0.3 million and a payment of $0.9 million to the joint venture partners with respect to the Brauna transaction, offset by proceeds on disposal of investments and equipment of $0.3 million.



In the second quarter of 2011, global events such as the earthquake in Japan, the European debt crisis, slowing growth in the United States and China, and increasing uncertainty about downgrades to the United States debt rating, all contributed to increased investor risk aversion.



Vaaldiam CEO Robert Jackson said, 'The junior resource sector is characterized by periods of extreme variability in terms of capital availability and the key success factor for junior companies in periods such as this is to reduce costs and survive until capital is available again. Vaaldiam is currently pursuing this strategy.'



International Financial Reporting Standards ('IFRS')



The Company adopted IFRS on January 1, 2011, with a transition date of January 1, 2010. Under IFRS 1 First-time Adoption of IFRS, the IFRS are applied retrospectively at the transition date of January 1, 2010. The effect of the transition from Canadian Generally Accepted Accounting Principles ('Canadian GAAP') to IFRS is not material and the explanation of how the transition from Canadian GAAP to IFRS has affected Vaaldiam's financial position, financial performance and cash flows are set out in the financial statements.



The information above should be reviewed in conjunction with the Company's consolidated financial statements, which were prepared in accordance with Canadian GAAP, and management discussion and analysis for the year ended December 31, 2010, along with the condensed consolidated financial statements for the three months ended March 31, 2011, which were prepared in accordance with IFRS, all of which are available on www.sedar.com and www.vaaldiam.com.



This release has been reviewed by Katya Masun P.Geo., who is a qualified person under National Instrument 43-101.



Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.



Contacts:

Vaaldiam Mining Inc.

Frances Kwong

VP Finance and CFO

416-363-6927
[e-mail]


Vaaldiam Mining Inc.

Robert Jackson

President and CEO

416-363-6927
[e-mail]
www.vaaldiam.com


http://www.minenportal.de/unternehmen_nachrichten.php?mid=36…

[bre128]

Vaaldiam and Freegold Restructure Debt Payment

TORONTO, ONTARIO -- (Marketwire) -- 09/29/11 -- Vaaldiam Mining Inc. ('Vaaldiam' or 'the Company') (TSX: VAA) reports that it has agreed with Freegold Ventures Limited ('Freegold') (TSX: FVL) to restructure the payment of $854,973.68 owed by Freegold to Vaaldiam which was due to be repaid in full on October 1, 2011.



Freegold will now pay Vaaldiam $250,000 on October 1, 2011 and the balance of the debt on November 30, 2011. The portion outstanding will continue to bear interest at an annual rate of 6%.




Vaaldiam CEO Robert Jackson said 'Freegold is making excellent progress with its drilling programs at its gold properties in Alaska. We own approximately 2.8 million common shares of Freegold and are strong believers in the merit of its properties. Consequently we are content to grant a short-term deferral of the payment due to us because we believe that it assists Freegold, ultimately benefitting our own shareholders'.



Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.



Contacts:

Vaaldiam Mining Inc.

Robert Jackson

President and Chief Executive Office
[e-mail]
www.vaaldiam.com


Quelle:
http://www.minenportal.de/artikel.php?sid=45194&lang=en#Vaal…

[XIO]

kannste evtl mal ein Wschnellbriefingw für mich machen... wie schauts aus?

[jensdab]

Bin schon ziemlich lange dabei und meine Geduld wurde oft auf die Probe gestellt und ich habe nicht verkauft, weil der Kurs immer weiter nach unten driftete.

Es gibt vielleicht noch einige, die immer noch auf bessere Zeiten hoffen



News Release (TSX: VAA)


VAALDIAM BEGINS STRATEGIC REVIEW

TORONTO: November 4, 2011 – Vaaldiam Mining Inc. (‘Vaaldiam’ or the ‘Company’) (TSX:
VAA) reports that it has retained Raymond James Ltd. (‘Raymond James’) as its financial advisor to
identify and conduct an analysis of the strategic alternatives available to the Company with a view to
identifying one or more transactions which will recognize the full value for the Company and/or its
assets.
Vaaldiam does not intend to disclose developments with respect to the strategic review process
unless and until its Board of Directors has approved a definitive transaction or other course of action
or otherwise deems that disclosure of developments is appropriate. There can be no assurance that
any transaction will occur, or if a transaction is undertaken, as to its terms or timing.
Vaaldiam CEO Robert Jackson said “Vaaldiam owns several high-potential assets that receive no
value in our share price. Our objective is to benefit our shareholders by causing the market to
recognize the value of these assets, which comprise various royalty and equity investments”.
For additional information regarding Vaaldiam please visit www.vaaldiam.com, or contact Robert
Jackson, President and Chief Executive Officer at [e-mail]

http://www.finanznachrichten.de/nachrichten-2011-11/21845239…

[jensdab]

News Release (TSX: VAA)
VAALDIAM REPORTS 2011-Q3 FINANCIAL RESULTS

TORONTO – November 9, 2011 –

Vaaldiam Mining Inc. (‘Vaaldiam’ or the ‘Company’) (TSX: VAA) reports that, for
the three and nine months ended September 30, 2011, it has recorded a net loss of $1,161,000 and $9,657,000 or $0.02
and $0.13 per share compared to net income of $672,000 and a net loss of $763,000 or net income per share of $0.01 and
net loss per share of $0.01 for the same periods in 2010.
Vaaldiam ended the period with a cash position of $3.1 million and working capital of $4.0 million. Vaaldiam also holds
10.6 million shares in Flemish Gold Corp. (‘Flemish’), which is focused on gold exploration in sub-Saharan Africa, 2.8
million shares in Freegold Ventures Ltd. (TSX: FVL) and royalty interests in the Kwale mineral sands project in Kenya,
the Pukaqaqa copper-gold project in Peru, the Braúna kimberlite project in Brazil, and the Crypto zinc-copper-indium
project in the United States. Vaaldiam owns the patent for the TSR process which is used to upgrade ilmenite into
synthetic rutile. Vaaldiam also owns the Chapada diamond mine in Mato Grosso, Brazil, which is on care and
maintenance, as well as 100% interest in the gold deposit at Braúna and a kimberlite project in Brazil.
The Company has retained Raymond James Ltd., an investment bank, as its financial advisor to identify and analyse the
strategic alternatives available to the Company with respect to its portfolio of royalty assets with a view to undertaking
one or more transactions that will recognize the full value of the Company and/or its assets.

Company Highlights

Braúna Project

On March 4, 2011, Vaaldiam entered into an arrangement the (“March Agreement”) with the joint venture partners of the
Braúna project to restructure the existing arrangement and to increase the ownership interest of the Company in the
Braúna project from 20% to 51% by paying a transaction consideration of US$6.5 million over 15 months to the existing
partners and financing the project development cost to production (see press release of March 4, 2011). The Company
elected not to make a payment of US$1.5 million owed to its joint venture partners in the Braúna project on August 4,
2011 that was due under the terms of the March Agreement. Instead, the Company negotiated a new agreement with the
joint venture partners on September 30, 2011 (the “September Agreement”).
Under the terms of the September Agreement, the Company agreed with its joint venture partners to terminate the March
Agreement and to recover approximately US$800,000 currently held in escrow by its joint venture partners. In exchange
for terminating its liability for financing and developing Braúna, the Company will convert its 51% equity interest in
Braúna to a 1% Gross Sales Royalty on all diamond production from the property. The joint venture partners have now
resumed the exploration and development program at Braúna. The Company will also maintain its rights to explore the
Braúna property for gold.
Duas Barras Mine
On November 1, 2011, the Company entered into an agreement to sell the Duas Barras mineral rights and its plant and
equipment for R$1.33 million, of which a non-refundable deposit of R$250,000 was received on November 7, 2011. It is
expected that the sale will close in November 2011 when the definitive agreements will be signed and the balance of the
proceeds received.


Selected Financial Information
(Expressed in thousands of Canadian dollars, except share capital amounts):
September 30,
2011
September 30,
2010
Net loss (income) for the quarter 1,161 (672)
Loss (income) per share 0.02 (0.01)
Total assets 21,968 33,147
Working capital 3,954 9,524
Mineral properties 1,758 10,364
Share Capital:
Common shares (000s) 71,635 71,627
Warrants (000s) 6,094 9,844
Options (000s) 4,997 4,807
Cash Flow and Liquidity
As at September 30, 2011, Vaaldiam had working capital of $4.0 million, compared with $9.5 million at September 30,
2010. For the nine months ended September 30, 2011, Vaaldiam used cash of $5.2 million, which included cash used in
operations of $4.0 million, expenditures on plant and equipment and mine development of $0.7 million and a payment of
$0.9 million with respect to the March agreement, offset by proceeds on disposal of investments and equipment of $0.3
million.
International Financial Reporting Standards (“IFRS”)
The Company adopted IFRS on January 1, 2011, with a transition date of January 1, 2010. Under IFRS 1 First-time
Adoption of IFRS, the IFRS are applied retrospectively at the transition date of January 1, 2010. The effect of the
transition from Canadian Generally Accepted Accounting Principles (“Canadian GAAP”) to IFRS is not material and the
explanation of how the transition from Canadian GAAP to IFRS has affected Vaaldiam’s financial position, financial
performance and cash flows are set out in the financial statements.
The information above should be reviewed in conjunction with the Company’s consolidated financial statements, which
were prepared in accordance with Canadian GAAP, and management discussion and analysis for the year ended
December 31, 2010, along with the condensed consolidated financial statements for the three months ended March 31,
2011, which were prepared in accordance with IFRS, all of which are available on www.sedar.com and
www.vaaldiam.com.
This release has been reviewed by Katya Masun P.Geo., who is a qualified person under National Instrument 43-101.
For further information on Vaaldiam please contact:
Frances Kwong, VP Finance and CFO (E-Mail: [e-mail]; Phone: [phone])
Robert Jackson, President and CEO (E-Mail: [e-mail]; Phone: [phone])
Certain of the information contained in this news release constitutes ‘forward-looking statements’ within the meaning of
securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals
and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future
production involve known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements to be materially different from any forecast results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of
metals and minerals, the actual results of current exploration, development and mining activities, changes in project
parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed
from time to time with the Ontario Securities Commission.

[jensdab]

Hier der Link

News Release (TSX: VAA)
VAALDIAM REPORTS 2011-Q3 FINANCIAL RESULTS



http://www.finanznachrichten.de/nachrichten-2011-11/21888140…

[jensdab]

http://ca.finance.yahoo.com/news/vaaldiam-posts-13-2-million…

[jensdab]

Nach der Handelsaussetzung war in Toronto ein Aufschlag auf 122 % zu verzeichnen.
Eine quasi Übernahme durch BCKP limited.

Umsatz über 4 Millionen shares in Kanada.

BCKP Limited Agrees to Acquire Vaaldiam Mining Inc. for CDN$18.5 Million
Datum : 19/04/2012 @ 17h31
Quelle : MarketWire
Name : Vaaldiam Mining Inc. (VAA)

Kurs : 0.245 0.125 (104.17%)

emtspricht ca. 0,187 Euro

Da werden in Frankfurt wahrscheinlich auch mehr umgesetzt als sonst.

Endlich mal etwas Erfreuliches von dieser leidgeprüften Aktie.


Wer ist denn noch dabei? Sehr ruhig geworden



http://de.advfn.com/p.php?pid=nmona&article=52072057

Vaaldiam Mining Inc. ("Vaaldiam" or the "Company") (TSX:VAA) has entered into an agreement (the "Arrangement Agreement") under which BCKP Limited, a private company organized under the laws of the Cayman Islands ("BCKP"), has conditionally agreed to acquire all of the outstanding common shares of Vaaldiam (the "Vaaldiam Shares") for CDN$18,500,000 or approximately $0.2582547 per share in cash (the "Acquisition").

The per share consideration offered by BCKP represents a premium of 115% to the price of the Vaaldiam Shares on the Toronto Stock Exchange (the "TSX") on April 18, 2012, before the stock was halted prior to this announcement, and a 122% premium to the 30 day volume weighted average trading price on the TSX for the 30 trading days preceding the date of this announcement.

Board Recommendation

A majority of the Board of Directors of Vaaldiam, upon consultation with its financial and legal advisors, has determined that the Acquisition is fair to Vaaldiam's shareholders, from a financial point of view and is in the best interests of Vaaldiam and its shareholders. One board member voted against the Acquisition. A majority of the Board of Directors of Vaaldiam will therefore recommend that Vaaldiam shareholders vote in favour of the Acquisition.

Each of Raymond James Ltd. and Mackie Research Capital Corporation has provided an opinion to the effect that, as of the date of such opinions and based upon and subject to the assumptions, limitations and qualifications stated in such opinions, the consideration proposed to be paid to the holders of Vaaldiam Shares (other than BCKP and its affiliates) pursuant to the Acquisition is fair from a financial point of view to such holders.

The Acquisition represents the culmination of the strategic review process that was announced by Vaaldiam on November 4, 2011. During this process, Raymond James Ltd. and Vaaldiam contacted 28 parties to discuss their interest in pursuing a strategic transaction with Vaaldiam. As a result of those discussions, Vaaldiam entered into confidentiality and standstill agreements with five interested parties, received bids from six interested parties and, prior to entering into exclusive discussions with BCKP, had ongoing discussions with multiple parties. The transaction with BCKP, in the view of a majority of the Board, was the most attractive offer made for the Vaaldiam Shares and represents the best sale alternative available for shareholders.

Details of the Acquisition

If successful, the Acquisition will be completed as a plan of arrangement under the Canada Business Corporations Act, the implementation of which will be subject to approval by (i) at least 66 2/3% of the votes cast at the annual and special meeting of Vaaldiam shareholders that is expected to be held in June, 2012 (the "Meeting") and (ii) at least 50% of the votes cast at the Meeting (excluding the Vaaldiam Shares held by Robert Jackson, Vaaldiam's President and Chief Executive Officer). The transaction is also subject to the approval of the Ontario Superior Court of Justice.

Pursuant to the terms of the Arrangement Agreement, the Acquisition will be subject to applicable regulatory approvals and the satisfaction of certain closing conditions customary for transactions of this nature. If the conditions to completion are satisfied, the Acquisition will see the purchase by BCKP of all of the then-issued and outstanding Vaaldiam Shares for CDN$18,500,000, being approximately CDN$0.2582547 per Share. In addition, the Arrangement Agreement provides that Vaaldiam shall be entitled to sell its 10,625,000 common shares of Flemish Gold Corp. (www.flemishgold.com), a private exploration company with properties in East Africa and that the net proceeds from such sale shall be added to the total consideration of $18,500,000. Pursuant to the terms of the Arrangement Agreement the $18,500,000 purchase price will be placed in escrow with BCKP's counsel pending completion of the Acquisition.

The Arrangement Agreement also provides for, among other things, majority board support and non- solicitation covenants (subject to fiduciary obligations of the Vaaldiam board of directors and a BCKP "right to match") as well as payment to BCKP of a break fee equal to $647,500 and a payment to Vaaldiam of a break fee equal to $462,500, in either case if the Acquisition is not completed in certain specified circumstances.

Prior to the closing of the Acquisition, holders of Vaaldiam stock options which are in the money will be required to exercise their options using the cashless exercise feature of Vaaldiam's stock option plan. Those options with an exercise price equal to or in excess of the per share acquisition price will be cancelled. In addition, Vaaldiam has 6,093,769 common share purchase warrants outstanding with an exercise price of $6.50 per share. It is proposed that these warrants will be cancelled as part of the Acquisition.

The terms and conditions of the Acquisition will be summarized in Vaaldiam's management information circular, which will be mailed to Vaaldiam's shareholders in late May 2012. Vaaldiam anticipates that the Acquisition, if approved, will be completed in late June 2012. A copy of the Arrangement Agreement will be filed and available on SEDAR at www.sedar.com.

Vaaldiam's President and CEO, Robert Jackson, commented that "We are very pleased with this cash offer for Vaaldiam and believe that it is a good deal for the Vaaldiam shareholders. If the Arrangement is completed, Shareholders will receive a substantial cash premium to Vaaldiam's market price at a difficult time for the entire junior resource sector. Raymond James Ltd., our financial advisor, ran a well-attended auction for Vaaldiam and a majority of the Vaaldiam board believes that this transaction is the best bid for the Company in these challenging markets".

Vaaldiam's financial advisor was Raymond James Ltd. and both it and Mackie Research Capital Corporation provided fairness opinions to Vaaldiam in connection with the proposed transaction. Vaaldiam's legal counsel is Fogler, Rubinoff LLP.

For additional information regarding Vaaldiam please visit www.vaaldiam.com.

Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.

Contacts:

Vaaldiam Mining Inc.

Robert Jackson

President and Chief Executive Officer

Google Übersetzung:

Vaaldiam Mining Inc. ("Vaaldiam" oder das "Unternehmen") (TSX: VAA) hat eine Vereinbarung (das "Arrangement Agreement") eingegeben, unter denen BCKP Limited, einer privaten Gesellschaft nach dem Recht der Cayman Islands organisiert ("BCKP Limited ") hat bedingt vereinbart, alle ausstehenden Stammaktien von Vaaldiam (die zu erwerben" Vaaldiam Aktien ") für CDN $ 18.500.000 oder ungefähr 0,2582547 $ pro Aktie in bar (der" Erwerb ").

Die Gegenleistung pro Aktie von BCKP Limited angebotene Gegenwert einem Aufschlag von 115% auf den Preis der Vaaldiam Aktien an der Toronto Stock Exchange ("TSX") am 18. April 2012, bevor die Aktie vor Bekanntgabe dieser Transaktion gestoppt wurde, und ein 122 % Aufschlag auf den 30 Tage Volumen gewichteten durchschnittlichen Börsenkurs an der TSX für die 30 Börsentage vor dem Datum dieser Bekanntmachung.

Foren-Empfehlung

Eine Mehrheit des Board of Directors der Vaaldiam, nach Rücksprache mit seinen Finanz-und Rechtsberatern, hat festgestellt, dass der Erwerb fair zu Vaaldiam-Aktionäre ist aus finanzieller Sicht und ist im besten Interesse von Vaaldiam und ihrer Aktionäre. Ein Boardmitglied stimmte gegen die Übernahme. Eine Mehrheit des Board of Directors der Vaaldiam wird daher empfohlen, Vaaldiam Aktionäre zugunsten der Übernahme stimmen.

Jeder von Raymond James Ltd und Mackie Research Capital Corporation hat eine Stellungnahme zu den Auswirkungen vorgesehen, dass ab dem Datum der Stellungnahmen und auf der Grundlage und vorbehaltlich der Annahmen, Einschränkungen und Qualifikationen in solchen Stellungnahmen darauf hingewiesen, das Entgelt zu zahlen vorgeschlagen an die Inhaber von Aktien Vaaldiam (andere als Kohleförderung und seine verbundenen Unternehmen) nach dem Erwerb ist fair von einem finanziellen Standpunkt aus solchen Inhabern.

Die Akquisition stellt den Höhepunkt des strategischen Review-Prozess, der durch Vaaldiam am 4. November 2011 angekündigt wurde. Während dieses Prozesses kontaktiert und Raymond James Ltd Vaaldiam 28 Parteien ihre Interesse an einer strategischen Transaktion mit Vaaldiam diskutieren. Als Ergebnis dieser Diskussionen, trat in Vaaldiam Vertraulichkeit und Stillhalteabkommen mit fünf Interessenten erhalten Gebote von Interessenten und sechs, vor dem Eintritt in exklusive Gespräche mit Kohleförderung musste laufenden Gespräche mit mehreren Parteien. Die Transaktion mit Kohleförderung, die nach Ansicht der Mehrheit des Vorstandes, war das attraktivste Angebot für die Aktien Vaaldiam gemacht und stellt die beste Alternative verfügbar Verkauf für die Aktionäre.

Details der Akquisition

Wenn dies gelingt, die Akquisition als Plan of Arrangement nach dem Kanadischen Business Corporations Act abgeschlossen sein wird, wird die Implementierung von denen sein, vorbehaltlich der Zustimmung (i) mindestens 66 2/3% der Stimmen bei der jährlichen und außerordentlichen Versammlung von Vaaldiam Aktionäre, die voraussichtlich im Juni 2012 (die "Versammlung") gehalten werden und (ii) mindestens 50% der Stimmen bei der Tagung (ohne den Vaaldiam Aktien von Robert Jackson, Vaaldiam President und Chief Executive Officer gehalten gegossen wird ). Die Transaktion unterliegt ebenfalls der Zustimmung des Ontario Superior Court of Justice.

Gemäß den Bedingungen der Vereinbarung wird die Übernahme unterliegt den geltenden behördlichen Genehmigungen und der Erfüllung bestimmter Abschlussbedingungen üblich, dass Transaktionen dieser Art. Wenn die Bedingungen zum Abschluss erfüllt sind, wird die Übernahme durch den Kauf von Kohleförderung mit all der damals ausgegebenen und ausstehenden Aktien Vaaldiam für EUR 18.500.000 $ sehen und beträgt etwa EUR 0,2582547 $ je Aktie. Darüber hinaus bietet das Arrangement Agreement, dass Vaaldiam berechtigt, seine 10.625.000 Stammaktien von Flämisch Gold Corp (www.flemishgold.com), einem privaten Explorationsunternehmen mit Liegenschaften in Ostafrika und dass die Nettoerlöse aus der Veräußerung verkaufen werden sollen, muss hinzugefügt, um den Gesamtbetrag von $ 18.500.000. Gemäß den Bedingungen der Vereinbarung Vereinbarung die 18.500.000 $ Kaufpreis wird auf ein Anderkonto mit Kohleförderung mit dem Rat bis zum Abschluss der Übernahme platziert werden.

Das Arrangement Abkommen sieht auch vor, unter anderem die Mehrheit Board-Support und Abwerbeverbote Covenants (vorbehaltlich der treuhänderischen Verpflichtungen der Vaaldiam Board of Directors und einer Kohleförderung mit "right to match") sowie zur Zahlung einer Gebühr in Höhe Kohleförderung mit Pause um $ 647.500 und einer Zahlung an Vaaldiam einer Unterbrechung Gebühr in Höhe von $ 462.500, in jedem Fall, wenn der Erwerb nicht unter bestimmten Umständen abgeschlossen.

Vor dem Abschluss der Akquisition wird die Inhaber von Aktienoptionen, die Vaaldiam im Geld sind verpflichtet, ihre Optionen mit der Cashless Exercise Merkmal Vaaldiam Aktienoptionsplans auszuüben. Diese Optionen mit einem Ausübungspreis gleich oder über dem Erwerbspreis je Aktie wird abgebrochen. Darüber hinaus hat Vaaldiam 6.093.769 Bezugsrechte für Stammaktien ausstehenden Optionen mit einem Ausübungspreis von $ 6,50 pro Aktie. Es wird vorgeschlagen, dass diese garantiert im Rahmen der Übernahme wird abgebrochen.

Die Bedingungen der Akquisition wird in Vaaldiam das Management-Informations-Rundschreiben, das an die Aktionäre Vaaldiam Ende Mai 2012 per Post zugestellt wird zusammengefasst werden. Vaaldiam erwartet, dass der Erwerb, wenn er angenommen ist, wird Ende Juni 2012 abgeschlossen sein. Eine Kopie der Vereinbarung Vereinbarung eingereicht werden, und auf www.sedar.com verfügbar auf SEDAR.

Vaaldiam Präsident und CEO, Robert Jackson, kommentierte: "Wir sind sehr zufrieden mit diesem Barangebot für Vaaldiam zufrieden und glauben, dass es ein guter Deal für den Vaaldiam Aktionäre ist. Wenn das Arrangement abgeschlossen ist, erhalten die Aktionäre eine beträchtliche Prämie in bar zu Vaaldiam dem Markt erhalten Preis in einer schwierigen Zeit für den gesamten Junior-Rohstoffsektor. Raymond James Ltd, unsere Finanzberater, lief ein gut besuchten Auktion für Vaaldiam und eine Mehrheit der Vaaldiam Vorstand glaubt, dass diese Transaktion das beste Gebot für die Gesellschaft in diesen herausfordernden ist Märkte ".

Vaaldiam Finanzberater war Raymond James Ltd und sowohl sie als auch Mackie Research Capital Corporation zur Verfügung gestellt Fairness Opinions zu Vaaldiam im Zusammenhang mit der geplanten Transaktion. Vaaldiam dem Rechtsberater ist Fogler, Rubinoff LLP.

Für weitere Informationen bezüglich Vaaldiam besuchen Sie bitte www.vaaldiam.com.

[jensdab]

http://www.finanznachrichten.de/nachrichten-2012-04/23301333…


Kurs von Donnerstag 8 Uhr in Frankfurt

Heute wird es einen großen Sprung nach oben gebem.

[jensdab]

Seit dem 20.4.2012 ein Anstieg von 120 %.

Kurs scheint sich zu stabilisieren um die 0,25 Canad.$

[egoego]

Antwort auf Beitrag Nr.: 43.078.446 von jensdab am 24.04.12 01:14:51

Sollte man die Altlasten verscherbeln oder auf ein comeback hoffen.
in der Vergangenheit hatte ich 2 mal Glück, indem ich den Spatz in der Hand mitgenommen habe. Insgesamt bin ich allerdings immer noch im Keller.
Ich glaube, ich entscheide mich diesmal für Sekt und nicht Selters.
Gruß egoego

[jensdab]

Antwort auf Beitrag Nr.: 43.091.579 von egoego am 26.04.12 14:26:37

Das kann jeder nur selber entscheiden. Ich bin schon so lange dabei, bin froh, dass meine Verluste nun etwas reduziert wurden, aber ca. - 75 % ist immer noch genug.

Vielleicht ist nach dem Sprung nach oben noch eine Steigerung möglich. Bei so einer kleinen Marktkapitalisierung sind Schwankungen immer möglich, natürlich auch wieder in die andere Richtung

Ich vertraue mal auf dem Prinip Hoffnung....

[jensdab]

Derzeitige Marktkapitalisierung

Kapitalisierung (Mio. Eur) 20.694,7517

Doch nicht so klein wie ich vermutete. Da gibt es kleinere Klitschen


Performance
1 Woche: positive +7,14%
1 Monat: positive +140,00%
3 Monate: positive +157,14%
6 Monate: positive +260,00%
1 Jahr: positive +20,81%
3 Jahre: positive +100,00%

[XIO]

http://www.canadianinsider.com/node/7?ticker=VAA

[XIO]

Antwort auf Beitrag Nr.: 43.105.508 von jensdab am 30.04.12 19:18:15

...Tiomin... das ging wohl in die Hose.. evtl ist ja jetzt noch bissl was raus zu holen

[jensdab]

Vaaldiam Mining and BCKP Limited Announce Completion of Plan of Arrangement

TORONTO, ONTARIO--(Marketwire - June 29, 2012) - Vaaldiam Mining Inc. (VAA.TO) ("Vaaldiam" or the "Company") and BCKP Limited ("BCKP") announce today the closing of the previously announced plan of arrangement (the "Arrangement"), pursuant to which BCKP acquired beneficial ownership of 71,634,711 common shares of Vaaldiam, representing 100% of the outstanding common shares of Vaaldiam, at a price of $0.2649292 for each common share of Vaaldiam.
The Arrangement was carried out pursuant to the provisions of the Canada Business Corporations Act and was approved by the Ontario Superior Court of Justice (Commercial List) on June 28, 2012 and the affirmative votes of the Vaaldiam shareholders at a meeting held on June 21, 2012.
The purpose of the Arrangement was to enable BCKP to acquire all of the outstanding common shares of Vaaldiam. Vaaldiam intends to make an application to cease to be a reporting issuer in all of the applicable provinces of Canada and to de-list the common shares of Vaaldiam from the Toronto Stock Exchange at the close of business on or about Thursday, July 5, 2012.
Registered holders of Vaaldiam common shares are reminded that, in order to receive the consideration to which they are entitled pursuant to the Arrangement, they should promptly complete and execute the letter of transmittal delivered to them with their shareholder meeting materials and which is also available online at www.sedar.com, and present and surrender the certificate(s) representing their Vaaldiam common shares in accordance with the letter of transmittal to Computershare Investor Services Inc., the depositary for the Arrangement, at the address indicated on the letter of transmittal. Failure to present and surrender the certificate(s) representing such Vaaldiam common shares on or before the sixth anniversary of closing will result in the termination of any entitlement of the holder of such common shares to receive the consideration otherwise payable to such holder under the Arrangement.
About BCKP
BCKP is a Cayman Islands corporation with a registered office at the offices of Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1 1104. For a copy of the early warning report with respect to the Arrangement, please contact Nancy Eastman at 416 865-4387.
Forward Looking Information
Certain information contained in this news release, including any information relating to the application to cease to be a reporting issuer and the de-listing from the Toronto Stock Exchange are "forward-looking". These forward-looking statements are subject to risks and uncertainties that the applications will not be approved in the expected timeframe. Although Vaaldiam believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Vaaldiam expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
Contact:
Frances Kwong
Vaaldiam Mining Inc.
President and Secretary
[e-mail]


http://finance.yahoo.com/news/vaaldiam-mining-bckp-limited-a…

[jensdab]

Das war das Ende von VAALDIAM Mining Inc.
Insgesamt enttäuschend die Entwicklung aber es hätte auch noch schlimmer kommen können....

Auszahlung der VAA Anteile inzwischen in Bar erhalten.



April 19, 2012 11:31 ET
BCKP Limited Agrees to Acquire Vaaldiam Mining Inc. for CDN$18.5 Million
TORONTO, ONTARIO--(Marketwire - April 19, 2012) - Vaaldiam Mining Inc. ("Vaaldiam" or the "Company") (TSX:VAA) has entered into an agreement (the "Arrangement Agreement") under which BCKP Limited, a private company organized under the laws of the Cayman Islands ("BCKP"), has conditionally agreed to acquire all of the outstanding common shares of Vaaldiam (the "Vaaldiam Shares") for CDN$18,500,000 or approximately $0.2582547 per share in cash (the "Acquisition").
The per share consideration offered by BCKP represents a premium of 115% to the price of the Vaaldiam Shares on the Toronto Stock Exchange (the "TSX") on April 18, 2012, before the stock was halted prior to this announcement, and a 122% premium to the 30 day volume weighted average trading price on the TSX for the 30 trading days preceding the date of this announcement.

Board Recommendation
A majority of the Board of Directors of Vaaldiam, upon consultation with its financial and legal advisors, has determined that the Acquisition is fair to Vaaldiam's shareholders, from a financial point of view and is in the best interests of Vaaldiam and its shareholders. One board member voted against the Acquisition. A majority of the Board of Directors of Vaaldiam will therefore recommend that Vaaldiam shareholders vote in favour of the Acquisition.
Each of Raymond James Ltd. and Mackie Research Capital Corporation has provided an opinion to the effect that, as of the date of such opinions and based upon and subject to the assumptions, limitations and qualifications stated in such opinions, the consideration proposed to be paid to the holders of Vaaldiam Shares (other than BCKP and its affiliates) pursuant to the Acquisition is fair from a financial point of view to such holders.
The Acquisition represents the culmination of the strategic review process that was announced by Vaaldiam on November 4, 2011. During this process, Raymond James Ltd. and Vaaldiam contacted 28 parties to discuss their interest in pursuing a strategic transaction with Vaaldiam. As a result of those discussions, Vaaldiam entered into confidentiality and standstill agreements with five interested parties, received bids from six interested parties and, prior to entering into exclusive discussions with BCKP, had ongoing discussions with multiple parties. The transaction with BCKP, in the view of a majority of the Board, was the most attractive offer made for the Vaaldiam Shares and represents the best sale alternative available for shareholders.
Details of the Acquisition
If successful, the Acquisition will be completed as a plan of arrangement under the Canada Business Corporations Act, the implementation of which will be subject to approval by (i) at least 66 2/3% of the votes cast at the annual and special meeting of Vaaldiam shareholders that is expected to be held in June, 2012 (the "Meeting") and (ii) at least 50% of the votes cast at the Meeting (excluding the Vaaldiam Shares held by Robert Jackson, Vaaldiam's President and Chief Executive Officer). The transaction is also subject to the approval of the Ontario Superior Court of Justice.
Pursuant to the terms of the Arrangement Agreement, the Acquisition will be subject to applicable regulatory approvals and the satisfaction of certain closing conditions customary for transactions of this nature. If the conditions to completion are satisfied, the Acquisition will see the purchase by BCKP of all of the then-issued and outstanding Vaaldiam Shares for CDN$18,500,000, being approximately CDN$0.2582547 per Share. In addition, the Arrangement Agreement provides that Vaaldiam shall be entitled to sell its 10,625,000 common shares of Flemish Gold Corp. (www.flemishgold.com), a private exploration company with properties in East Africa and that the net proceeds from such sale shall be added to the total consideration of $18,500,000. Pursuant to the terms of the Arrangement Agreement the $18,500,000 purchase price will be placed in escrow with BCKP's counsel pending completion of the Acquisition.
The Arrangement Agreement also provides for, among other things, majority board support and non- solicitation covenants (subject to fiduciary obligations of the Vaaldiam board of directors and a BCKP "right to match") as well as payment to BCKP of a break fee equal to $647,500 and a payment to Vaaldiam of a break fee equal to $462,500, in either case if the Acquisition is not completed in certain specified circumstances.
Prior to the closing of the Acquisition, holders of Vaaldiam stock options which are in the money will be required to exercise their options using the cashless exercise feature of Vaaldiam's stock option plan. Those options with an exercise price equal to or in excess of the per share acquisition price will be cancelled. In addition, Vaaldiam has 6,093,769 common share purchase warrants outstanding with an exercise price of $6.50 per share. It is proposed that these warrants will be cancelled as part of the Acquisition.
The terms and conditions of the Acquisition will be summarized in Vaaldiam's management information circular, which will be mailed to Vaaldiam's shareholders in late May 2012. Vaaldiam anticipates that the Acquisition, if approved, will be completed in late June 2012. A copy of the Arrangement Agreement will be filed and available on SEDAR at www.sedar.com.


Vaaldiam's President and CEO, Robert Jackson, commented that "We are very pleased with this cash offer for Vaaldiam and believe that it is a good deal for the Vaaldiam shareholders. If the Arrangement is completed, Shareholders will receive a substantial cash premium to Vaaldiam's market price at a difficult time for the entire junior resource sector. Raymond James Ltd., our financial advisor, ran a well-attended auction for Vaaldiam and a majority of the Vaaldiam board believes that this transaction is the best bid for the Company in these challenging markets".aaldiam's financial advisor was Raymond James Ltd. and both it and Mackie Research Capital Corporation provided fairness opinions to Vaaldiam in connection with the proposed transaction. Vaaldiam's legal counsel is Fogler, Rubinoff LLP.


For additional information regarding Vaaldiam please visit www.vaaldiam.com.
Certain of the information contained in this news release constitutes 'forward-looking statements' within the meaning of securities laws. Such forward-looking statements, including but not limited to those with respect to the prices of metals and minerals, purchase payments, royalty payments, estimated future production and estimated costs of future production involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of metals and minerals, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the documents of the Company filed from time to time with the Ontario Securities Commission.




http://www.marketwire.com/press-release/bckp-limited-agrees-…

[XIO]

das ist nun das ende der langen Tiomin Geschichte... naja.. Haken dran...