We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Minco | LSE:MIO | London | Ordinary Share | IE0004678326 | ORD EUR0.0125 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.65 | 2.50 | 2.85 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
10/5/2024 07:07 | Buchans Resources Limited (the “Company” John F. Kearney, Chairman and Chief Executive Officer, provided shareholders with a review of the current position and outlook for the Company. “In December 2023, Buchans sold our mineral exploration properties, located in Newfoundland, to Canterra Minerals Corporation, for shares of Canterra. That represented a total value of $11.5 million. That is equivalent to 18 cents per share of Buchans. For the year ended December 31, 2023, Buchans recorded income of $5.6 million, and ended the year with a working capital surplus of $15 million. As previously reported, Buchans intends to distribute at least 67% of the Canterra shares to Buchans shareholders. That was the purpose of the special resolution to reduce the stated capital, which was passed at the meeting today. so that we can make that distribution on a tax efficient basis. We plan to make the distribution during the second quarter of 2024. It is important to note that Buchans shareholders will retain their shareholding in Buchans, which will continue to hold our, long overlooked, but promising, nickel copper cobalt, and gold exploration assets, in Labrador. Our South Voisey’s Bay project has high-priority, drill-ready, targets in a confirmed, Voisey’s Bay style, environment, while our Tasiuyak Gold Project is believed to represent an orogenic, iron formation-hosted, gold environment, comparable to the renowned, former Homestake, gold mine, in South Dakota.” At the same time, shareholders will continue to participate, indirectly, in ongoing exploration in the Buchans camp, in Newfoundland, through holding the shares of Canterra, which will be distributed.” ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS We are pleased to report that Buchans’ shareholders passed a special resolution to approve the distribution of Canterra shares to Buchans shareholders. Further information on the Distribution will be disclosed in due course, but it is expected that the Distribution will take place in the second quarter of 2024. We now intend to distribute (the “Distribution& As described further in the Circular, we intend to retain a shareholding of Canterra Shares valued at approximately $3 million to fund our nickel, copper, cobalt and gold exploration assets in Labrador and general working capital, with the goal of advancing these long overlooked but promising assets over the next 2 years, and to provide ongoing working capital for the Company. ELECTION OF DIRECTORS AT AGM All of the nominees for re-election as director were re-elected, to serve until the next annual general meeting of shareholders. The results were as follows: Director For Withhold John F. Kearney 11,307,120 3,177 Patrick Downey 11,307,120 3,177 Terence McKillen 11,307,120 3,177 Peter McParland 11,307,120 3,177 Michael Power 11,307,120 3,177 Danesh Varma 11,289,774 20,523 RE-APPOINTMENT OF AUDITOR McGovern Hurley LLP Chartered Professional Accountants were re-appointed as auditor for the current year and the directors were authorized to fix the remuneration of the auditor with 11,348,885 shares voted in favour and 2,354 shares withheld. APPROVAL OF STATED CAPITAL REDUCTION AND RETURN OF CAPITAL Shareholders approved the reduction of the stated capital account, for the purpose of distributing shares of Canterra Minerals Corporation to Buchans shareholders with 11,302,743 shares voted in favour and 7,554 shares against. Click here to download a copy of this News Release (PDF). | bodgit | |
09/5/2024 18:57 | Minco? Minco?. Ah now I remember.I'm sure I have some of these. Is there still a bit of life in them. Anybody checked it's pulse lately. Buchans shareholders are getting Canterra shares today. Any idea when Buchans will be listed. | marthy | |
09/5/2024 12:59 | Fingers crossed for positive votes on all the resolutions today. Some positive news from Minco would be welcome too.... Gla. | bodgit | |
03/5/2024 22:03 | Royalties Inc Annual Report summary... Just need to win the Court case with Cozamin & Silver to rise for a big Bilboa sale distribution!https:/ | anynews | |
02/5/2024 15:59 | No problem, key bit: Buchans believes the property hosts mineralization analogous to the former Homestake mine in South Dakota (which produced more than 40 million ounces of gold and 9 million ounces of silver from ~150 million tonnes of ore averaging ~8.4 g/t Au). Buchans is currently evaluating a plan to increase exploration activities on the property which could commence later this year. | lendmeafiver | |
02/5/2024 15:54 | lendmeafiver Thanks. | fiachra | |
01/5/2024 09:16 | www.buchansresources | lendmeafiver | |
01/5/2024 09:06 | lendmeafiver.Tasiuya | fiachra | |
30/4/2024 20:14 | The Tasiuyak project sounds particularly interesting, well worth a read on the Buchans website. | lendmeafiver | |
30/4/2024 12:09 | Will also be interesting to see how they get on with the remaining Buchans assets with some exploration/drilling cash available now. | lendmeafiver | |
30/4/2024 10:22 | I first met John over thirty years ago in Dublin when he was over from Canada as Northgate’s representative. Thanks John for all your efforts on our behalf. I wish you well | fiachra | |
30/4/2024 08:59 | Agree John and the team have done an excellent job. The likely distribution is outlined in the AGM pack, stated as being between 1.5 and 2 Canterra shares per Buchans shares I believe. Plus 0.5 royalty inc shares per Buchans shares. If royalty can sell their silver assets and reinvest that could even have some value in the long term. | lendmeafiver | |
30/4/2024 03:19 | Well done 👍👍 to John Kearney. He's still beavering away. He got twenty million out of Pallas Green in County Limerick and that's still not producing. Another fistful of $ out of Dalradian and they are still waiting for planning permission. There's still a bit in CDMN and some more to come out of Buchans with the Canterra CVE:CTM deal. Any guesses what that could be worth. Say 100,000 Buchans with Canterra making 10cents a share. They were at 11 last Friday. Once again, Well done,John Kearney | marthy | |
28/4/2024 20:53 | Right, well we have all been there, all part of investing in mining stocks I guess. | lendmeafiver | |
28/4/2024 14:56 | Ahem.. .. I kinda lost alot of the Dalradian money in a sure bet called Ormonde mining and some African Oil Companies etc!I'll never learn. | anynews | |
28/4/2024 14:34 | The canterra stock is going to be worth a reasonable amount, plus dont forget the original cash from the Dalradian NSR already received. | lendmeafiver | |
28/4/2024 13:09 | Canadian Manganese are being cagey with information... Their Annual report is on the Website under Financial reports since March 27th. They have set out plans for 2024 subject to financing. Remarkably they have not revealed the drill results carried out in Spring 2023 on the North Hartford property! There is little doubting its a massive resource but the development of this is in the hands of Governments policy, subsidies and Battery Companies. For my longstanding Minco investment I reckon I would need $1 a share here (the "strongest company" + lesser amounts on Buchans, Minco etc) to make a nice profit. Can't see that anytime soon. Management have options at 18c in 2025 & 25c in 2026. | anynews | |
22/4/2024 13:35 | hxxps://canterramine | bodgit | |
21/4/2024 13:43 | shared on stock house canterra doesn't say a lot just a walk through (not from company) of website & presentation | bageo | |
19/4/2024 17:32 | With CTM.V, CDMN.NE, RI.CN and Buchans potential listing to come at some stage also, there has been good progress here, but what about Ireland/Minco, do we think a Dublin listing will ever be possible? Zinc prices are doing well now. | lendmeafiver | |
18/4/2024 23:03 | From 16April hxxps://canterramine | bageo | |
18/4/2024 15:34 | I see canterra are reaching 12 cents today. It's looking good for all the folks still here. | marthy | |
06/4/2024 09:57 | Cheers - reading the circular: Based on the foregoing and the recent range of share prices of Canterra and Royalties, the Company currently expects that holders of Buchans Shares as of the close of business on the record date (the “Distribution Record Date”) for holders of Buchans Shares will be entitled to a distribution of Distributed Shares (the “Distribution& Royalties Inc $C0.035 (listed on website not sure what real price is with low volumes) I'm assuming no value after broker fees Canterra $C0.08 so about C12-16 cents + remaining Buchans shares | bageo | |
04/4/2024 14:17 | hxxps://www.buchansr | bodgit | |
02/4/2024 22:10 | It always amazes me how no insider or relation of an insider didn't buy up shares in this recently given the scale of the deposits here and the tiny Mkt cap ! Up until last week there was no volume traded, that Debenture deal probably put off serious investors.It'll be good to get updates now on the work they have carried out in the last year. | anynews |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions