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Last C$0.11 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 11:06 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

richmond minerals inc (RMD) Snapshot

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08/31/15 - C$0.14
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12/4/14 - C$0.03
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richmond minerals inc (RMD) Details

Richmond Minerals Inc. engages in the exploration and development of base and precious metals in northern Ontario and Quebec, Canada. It holds a 100% interest in a group of 119 contiguous unpatented mining claims and a 50% interest in 35 claims of Swayze Gold Property located in Ontario; a 100% interest in the Lac Colombet property comprising 86 mining claims located in the north east province of Quebec, Canada; and a 50% interest in the Grenville project located in the province of Quebec. The company explores for iron oxide, copper, and gold deposits. Richmond Minerals Inc. is headquartered in Toronto, Canada.

richmond minerals inc (RMD) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$3.0K
Chief Financial Officer
Total Annual Compensation: C$16.0K
Compensation as of Fiscal Year 2014.

richmond minerals inc (RMD) Key Developments

Richmond Minerals Inc. Provides Update for Exploration Work at the Ridley Lake Gold Project

Richmond Minerals Inc. provided an update for exploration work at the company's Ridley Lake Gold Project located in the west central area of the Swayze Greenstone belt approximately 35 kilometres east of Goldcorp's. A geophysical survey grid was cut on four of the Company's 100%-owned claims located immediately to the east of the Aguara gold showing, followed by the completion of Spectral Induced Polarization (IP)/Resistivity & Magnetic surveys. The surveys were successful in identifying a well-defined IP anomaly characterized by high chargeability and resistivity and a prominent coincidental magnetic anomaly having a northeast orientation and a strike length in excess of 825 meters. A limited IP/Resistivity survey conducted in 1983 identified a high chargeability and resistivity anomaly having a strike length of approximately 245 meters. This limited IP/resistivity survey demonstrated a clear association between the northeast trending gold showing and a northeast striking anomalous IP/Resistivity trend. The diamond drill programme conducted in 1989 substantiated the association between significant intervals of gold mineralization and the results of the limited IP/Resistivity. The geophysical program on the Aguara East grid has been successful in extending the strike length of the entire Aguara anomaly to now in excess of 1 kilometre. The company has identified several priority drill targets within the Aguara east anomaly on its 100% owned Aguara East claims and the company is planning a 1,500 meter first phase drilling program scheduled for next month.

Richmond Minerals Inc. Appoints Lee Bowles to the Board of Directors

Richmond Minerals Inc. announced that effective April 15, 2015 Mr. Lee Bowles has been appointed to the Board of Directors. Mr. Bowles is the Principal of Ironstone Capital Corporation, has been in the investment business since 1994 and has worked for several leading independent investment dealers in Toronto, New York and London in the areas of fixed income trading, investment banking and institutional equity sales. Mr. Bowles will sit on the Board as an independent director and will chair the Company's audit committee.

Richmond Minerals Inc., Annual General Meeting, May 29, 2015

Richmond Minerals Inc., Annual General Meeting, May 29, 2015., at 11:00 Eastern Standard Time. Location: 133 Richmond Street West, Suite 403. Agenda: To receive and consider the financial statements of the Corporation for the year ended May 31, 2014 and the report of the auditors thereon; to appoint Wasserman Ramsay, Chartered Accountants as the auditors of the Corporation for the ensuing year and to authorize the directors to fix their remuneration; to elect the directors of the Corporation for the ensuing year; to consider and, if deemed advisable, to pass, with or without variation, an ordinary resolution to approve, for the ensuing year, the Corporation's incentive stock option plan; and to transact such other business as may properly come before the meeting or any adjournments or postponements thereof.


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