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walmer capital corp (WAL/P) Snapshot

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walmer capital corp (WAL/P) Details

Walmer Capital Corp. is a capital pool company. Walmer Capital Corp. was incorporated in 2011 and is based in Calgary, Canada.

Founded in 2011

walmer capital corp (WAL/P) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

walmer capital corp (WAL/P) Key Developments

Renaissance Gold Inc. Announces the Execution of Earn in Agreement with Walmer Capital Corp. at its Golden Shears Gold Silver Project, Nevada

Renaissance Gold Inc. announced the execution of an earn-in agreement with Walmer Capital Corp. on the Golden Shears Project in Clark County, Nevada. The project is located 45 km (28 miles) southwest of Las Vegas, Nevada in the Goodsprings Mining District. Upon execution of the Agreement, Walmer will pay RenGold USD 50,000, reimburse claim fees for the past year and fund an exploration and development program to be conducted initially by RenGold. Minimum work commitments on an annual basis are USD 200,000 for year 1, USD 300K for year 2, USD 400,000 for year 3, and USD 500,000 annually thereafter to year 7. Walmer and RenGold plan to work together to complete a Bankable Feasibility Study on or before the seventh anniversary of the execution of the Agreement, in which case Walmer will have the option to acquire a 70% interest in the project.

Walmer Capital Corp. Primary Exchange Listing will Change to TSX Venture Exchange - Nex from TSX Venture Exchange

Effective August 06, 2014, Walmer Capital Corp. primary exchange listing will change to TSX Venture Exchange - Nex from TSX Venture Exchange.

Walmer Capital To Transfer Its Listing From Tier 2 To NEX

In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Walmer Capital Corp. has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on August 7, 2014, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX.

 

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