Industry News

Morgan Stanley's more cheerful outlook for iron ore prices in 2016, reported by Bloomberg, is probably the reason why NMDC Ltd's share was up by 1.91% on BSE on Wednesday. That's good news for Vedanta Ltd too, whose Goa unit is set to operate at a higher level in FY17--the Vedanta stock was up 3.29% on BSE. The investment banker revised up its price outlook for 2016 by 17% to $46 a tonne while its 2017 forecast was also revised upwards by 13% to $42 a tonne, from its earlier..."/>
Improved iron ore outlook props up Vedanta and NMDC shares [Mint, New Delhi]
Ecolab has agreed to buy a French company that specializes in disinfection products for the health care industry, officials announced Wednesday. Ecolab's binding offer is for Laboratoires Anios, based in Lille, France. The company-- which also makes hygiene products for food and beverage processors and the food service industry-- employs 700 people and generates about $245 million a year."/>
Ecolab to buy Laboratoires Anios, a French maker of disinfectant products [Star Tribune (Minneapolis)]
Mundoro Capital Inc., is pleased to announce that 16,290,261 common shares representing 37% of the total number of shares issued and outstanding were voted at its Annual General Meeting held on June 28, 2016. Resulting from the Meeting, the following nominees to the Board have been elected by the shareholders:. ----------------------------------------------------------------------------Director Percentage of Nominee Votes Cast---------------------------------------------------------------------------- John Hoey 94.96%---------------------------------------------------------------------------- Teo Dechev 96.51%---------------------------------------------------------------------------- Michael Calyniuk 96.51%---------------------------------------------------------------------------- Graham Brown 93.88%----------------------------------------------------------------------------."/>
Mundoro Reports on Annual General Meeting Results and Options Granted
ASE concludes quarterly review [Jordan Times, Amman]
Resource Capital Gold Corp., TSXV: RCG announces today that it has entered into an agreement to settle CAD $383,750 of debt with ACT2 Pty Ltd., the Company's largest shareholder. Pursuant to the agreement, the Company will issue ACT2 7,675,000 common shares at a deemed price of $0.05 per share. After this transaction, ACT2 will own and control 10,597,554 common shares, representing 19.9% of the issued and outstanding common shares of the Company."/>
RCG Announces Shares for Debt Transaction
DOLLY VARDEN SILVER Idaho-based precious and base metals deposits developer Hecla Mining Company will make a takeover bid for all of the outstanding shares of Canada-based mineral exploration company Dolly Varden Silver Corp. not owned by Hecla and its affiliates for USD 0.53 cash per share, the company said. The bid will be subject to a minimum tender..."/>
M and A Navigator: Deal pipeline 30 June
CEMEX Holdings Philippines, Inc., an indirectly wholly-owned subsidiary of CEMEX España, S.A., priced on June 30, 2016 in Asia its initial public offering of 2,032,980,830 common shares at a price of ?10.75 Philippine Pesos per common share. The common shares offered by CHP include 2,032,980,830 new common shares offered in a public offering to investors in the Philippines and in a concurrent private placement to..."/>
CEMEX Announces Pricing of the Sale of a Minority Stake in the Capital Stock of Its Subsidiary in the Philippines
Loncor Resources Inc. is pleased to announce that, further to its June 13, 2016 press release, it has closed a non-brokered private placement of 1,750,000 units of the Company at a price of Cdn $0.12 per unit for gross proceeds of Cdn $210,000. Each such unit is comprised of one common share of the Company and one-half of one warrant of the Company, with each full warrant entitling the holder to purchase one common share of the Company at a price of Cdn $0.18..."/>
Loncor Closes Private Placement Financing
Loncor Resources Inc. announces that the four nominees listed in the Company's management information circular for the annual and special meeting of shareholders of the Company held on Wednesday, June 29, 2016 were elected at the Meeting as directors of Loncor. The vote was conducted by a show of hands. The detailed results of the votes received by proxy are set out below:."/>
Loncor Resources Announces Election of Directors
Idaho North Resources announced today that it has formed a business alliance with Lithium Corporation for the purpose of locating and exploring lithium-bearing properties in the state of Nevada. The alliance will allow for a free flow of information, data, concepts, and techniques to be shared between the companies for their mutual benefit and to guide joint exploration efforts. This alliance is not a partnership unless a prospective property is..."/>
Idaho North Resources and Lithium Corporation Form Business Alliance for Lithium Exploration in Nevada
Canexus Corporation held its Annual General Meeting of Shareholders in Calgary on June 29, 2016. A total of 64,192,027 shares were represented in person or by proxy. The voting results for the resolution to elect individual directors were as follows:. Outcome of Vote Nominee For% Withheld% Non-Vote-------------------------------------------------------------------------- David R. Collyer 61,893,842 96.42 2,298,185 3.58 0 Stephanie L. Felesky 62,213,149 96.92 1,978,878 3.08 0 Hugh A. Fergusson 62,247,595 96.97 1,944,432 3.03 0..."/>
Canexus Corporation's Shareholders Approve Resolutions at Annual Meeting
Banro Corporation announces that the seven nominees listed in the Company's management information circular for the annual meeting of shareholders of the Company held on Wednesday, June 29, 2016 were elected at the Meeting as directors of Banro. The vote was conducted by a show of hands. The detailed results of the votes received by proxy are set out below:."/>
Banro Announces Election of Directors
Almaden Minerals Ltd. is pleased to provide the results of its Annual General Meeting held on June 29, 2016.. All of the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the AGM. The details of the voting results for the election of directors are set out below:."/>
Almaden Announces Results of Annual General Meeting
Canadian Zinc Corporation is pleased to report that it has filed a final short form prospectus in each of the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and New Brunswick, and obtained a receipt from the British Columbia Securities Commission. The Prospectus qualifies the distribution of 32,000,000 common shares of the Company at a price of C $0.25 per Common Share and 4,000,000 flow-through common shares of the Company..."/>
Canadian Zinc Announces Filing of Final Prospectus for $9,000,000 Financing
Africo Resources Ltd. announces that its previously announced plan of arrangement between Camrose Resources Limited and Africo has been approved by the shareholders of Africo at its annual and special meeting held today. At the Meeting, over 99.99% of the votes cast by all Africo shareholders, and 99.99% of votes cast by Africo shareholders other than Camrose, whose votes were required to be excluded for the purposes of "minority approval"..."/>
Africo Shareholders Approve Plan of Arrangement
Jaguar Mining Inc., is pleased to announce it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares and its 12.00% convertible senior secured debentures on the TSX. Rodney Lamond, President and Chief Executive Officer of Jaguar commented, "Graduating to the TSX is an important step in the evolution of Jaguar that provides more visibility and a broader base of retail and..."/>
Jaguar Mining Receives Conditional Approval to List Shares and Debentures on TSX
Jaguar Mining Inc., is pleased to announce it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares and its 12.00% convertible senior secured debentures on the TSX. Rodney Lamond, President and Chief Executive Officer of Jaguar commented, "Graduating to the TSX is an important step in the evolution of Jaguar that provides more visibility and a broader base of..."/>
Jaguar Mining Receives Conditional Approval to List Shares and Debentures on TSX
Klondex Mines Ltd. is pleased to announce partial results of its initial drill program at its True North Gold Mine in Manitoba, Canada. Additionally, based on historic drilling and the positive results of this initial drill program, the Company now expects to be in position to make a production decision in the third quarter of 2016.. 630-16-015: 3.56 opt Au over 23.6 ft, or 122.1 g/t over 7.2 m Including 4.69 opt Au over 16.6 ft, or 160.6 g/t over 5.1 m 630-16-002:..."/>
Klondex Provides Exploration Update at True North; Now Expects Production Decision in Third Quarter
Catalyst Paper Corporation will hold a conference call on Thursday, July 28, 2016 at 8:00 a.m. PDT/ 11:00 a.m. EDT to review the Company's 2016 second quarter results. Joe Nemeth, President& Chief Executive Officer, and Frank De Costanzo, Senior Vice President& Chief Financial Officer, will host the call. The second quarter report will be released on Wednesday, July 27th after market close and will be available on the Reports page of Catalyst..."/>
2016 Second Quarter Conference Call
Rubicon Minerals Corporation announces that all resolutions were passed at the Annual Meeting of Shareholders held on Wednesday, June 29, 2016 in Toronto, Ontario. The voting at the Meeting was conducted by a show of hands and all resolutions were approved. Had a poll been taken, the detailed results of the votes cast by proxy in respect of the election of the directors is set out as below."/>
Rubicon Minerals Announces Results of its 2016 Meeting of Shareholders
Rubicon Minerals Corporation announces that all resolutions were passed at the Annual Meeting of Shareholders held on Wednesday, June 29, 2016 in Toronto, Ontario. The voting at the Meeting was conducted by a show of hands and all resolutions were approved. Had a poll been taken, the detailed results of the votes cast by proxy in respect of the election of the directors is set out as below."/>
Rubicon Minerals Announces Results of its 2016 Meeting of Shareholders
Northern Vertex Mining Corp. announces that it has, subject to regulatory approval, amended the expiry date of an aggregate total of 7,521,049 unexercised share purchase warrants by a further 12 months. Pursuant to the non-brokered unit private placement that closed in two tranches with an initial tranche closing on July 3, 2014, for a total of 5,521,049 warrants being issued..."/>
Northern Vertex Amends Warrant Expiry Date
Lundin Mining Corporation is pleased to announce an initial Mineral Resource estimate on the Eagle East mineralization, the results of a Preliminary Economic Assessment and the commencement of access ramp development towards the Eagle East high grade nickel/copper deposit. --A maiden Eagle East Inferred Mineral Resource estimate of 1.18 million metric tonnes grading 5.2% Ni and 4.3% Cu.-- A PEA completed on Eagle East indicates that these Inferred..."/>
Lundin Mining Announces Eagle East Mineral Resource, PEA Results and Project Commencment

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