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rb energy inc (46BB) Snapshot

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rb energy inc (46BB) Details

RB Energy Inc., an industrial minerals mining company, is engaged in the acquisition, exploration, development, and mining of mineral resource properties in Canada and Chile. The company holds 100% interest in the Aguas Blancas iodine/nitrate/sulphate mine located in the Atacama Desert in Northern Chile; and 100% interest in the Québec Lithium mine located in La Corne Municipality, Québec. It also holds interests in two early-stage gold exploration joint venture projects located in West Africa. RB Energy, Inc. is headquartered in Vancouver, Canada.

Founded in 1995

rb energy inc (46BB) Top Compensated Officers

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rb energy inc (46BB) Key Developments

RB Energy, Inc. Announces Resignation of Richard P. Clark as Director

RB Energy Inc. reported that the Court has appointed a receiver and provides a final update on the status of the Court approved sale and investor solicitation process and proceedings under the Companies' Creditors Arrangement Act. The Court order also provided for the termination of the Company's three officers as at May 8, 2015. Richard P. Clark, the sole remaining director of RB Energy, resigned effective on the same date.

RB Energy Could Not Find Offers In Investor Solicitation Process

RB Energy, Inc. (OTCPK:RBEI.F) could not find a potential suitor. No qualified offers were received until deadline of March 27, 2015. The Company has developed an alternative course of action to attempt in order to obtain value for its stakeholders prior to the maturity date of the $13 million Debtor-in-Possession loan ('DIP Loan') of April 15, 2015. Under the SISP, and with the assistance of Rothschild, RB Energy has actively solicited expressions of interest from third parties for the acquisition of all or a partial interest in its Quebec lithium and Chilean iodine projects or for an investment in the company and a restructuring of its financial obligations.

RB Energy, Inc. to Report Q1, 2015 Results on Jun 01, 2015

RB Energy, Inc. announced that they will report Q1, 2015 results on Jun 01, 2015


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