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May 27, 2015 2:06 AM ET

Metals and Mining

Company Overview of Duluth Metals Limited

Company Overview

Duluth Metals Limited acquires, explores for, and develops mineral properties in Northern Minnesota. The company explores for nickel, copper, cobalt, and precious metals, such as platinum, palladium, and other platinum group elements, as well as gold and silver. It principally holds 60% joint venture interests in the Twin Metals project that covers approximately 32,000 acres of property interests located in north-eastern Minnesota, as well as 100% interests on a land portfolio of 40,000 acres of land/mineral interests in the Duluth Complex in Minnesota. The company was formerly known as Wallbridge America Limited and changed its name to Duluth Metals Limited in March 2006. Duluth Metals Limi...

80 Richmond Street West

Suite 1500

Toronto, ON M5H 2A4

Canada

Founded in 2005

57 Employees

Phone:

416-369-1500

Fax:

416-369-1501

Key Executives for Duluth Metals Limited

Executive Chairman, Chairman of Disclosure Committee, Member of Government Affairs Committee and Chairman of Twin Metals Minnesota LLC
Age: 63
Chief Financial Officer and Member of Disclosure Committee
Age: 65
Chief Executive Officer of Twin Metals Minnesota LLC
Senior Vice President of Exploration, Member of Advisory Board and Member of Disclosure Committee
Corporate Secretary
Age: 72
Compensation as of Fiscal Year 2014.

Duluth Metals Limited Key Developments

Duluth Metals Limited, Special/Extraordinary Shareholders Meeting, Jan 14, 2015

Duluth Metals Limited, Special/Extraordinary Shareholders Meeting, Jan 14, 2015., at 10:00 US Eastern Standard Time. Location: Bennett Jones LLP, Suite 3400, One First Canadian Place. Agenda: To approve proposed arrangement with Antofagasta Investment Company Limited; to consider interim order of the Ontario Superior Court of Justice; and to transact such other business as may properly be brought before the meeting or any adjournment at the meeting.

Duluth Metals Limited, Antofagasta plc - M&A Call

Duluth Metals Limited, Antofagasta plc - M&A Call

Duluth Metals Limited Files NI 43-101 Pre-Feasibility Study Technical Report on the Twin Metals Minnesota Project

Duluth Metals Limited announced that the independent National Instrument 43-101 Technical report on the Twin Metals Minnesota Project prepared for Duluth Metals by a multi-company team led by AMEC E&C Services Inc. ("AMEC"). Work will continue to advance the project situated in northeastern Minnesota. The joint venture partners, Duluth Metals and Antofagasta plc are working together to evaluate the opportunities and various value engineering possibilities with the project. The completion of the PFS Technical Report by AMEC is a significant milestone for the TMM Project and Duluth Metals. The PFS Technical Report demonstrates that the proposed underground copper, nickel, platinum, palladium and gold mining project is supported by strong technical fundamentals and offers a potential competitive advantage through extensive infrastructure such as accessible roads, rail lines, ports, power and water supplies and local labor force.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 3, 2014
--
Private Placement
November 3, 2014
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Private Placement
October 8, 2014
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