Further to its press release of January 23, 2015, Starcore International Mines announces that it has closed the transaction to acquire all of the shares of Creston Moly from Deloitte Restructuring Inc., in its capacity as trustee in bankruptcy of Mercator Minerals, at a purchase price of Cdn$2 million. The closing of the Transaction followed the [...]
Starcore announces that it has entered into an agreement to acquire all of the shares of Creston Moly from Deloitte Restructuring Inc, in its capacity as trustee in bankruptcy of Mercator Minerals, at a purchase price of Cdn$2 million. The Transaction is subject to Creston being discharged from bankruptcy, clearing the way for Starcore to complete [...]
VANCOUVER, June 17, 2011 /CNW/ -- Mercator and Creston Proceeding to Closing to Create Leading Copper-Moly Company
VANCOUVER, June 17, 2011 /CNW/ - Mercator Minerals Ltd. (TSX: ML) ('Mercator') and Creston Moly Corp. (TSXV: CMS) ('Creston') are pleased to announce that the Supreme Court of British Columbia has granted an order approving the
Creston Moly and Mercator Minerals are pleased to announce that the shareholders of Creston have voted overwhelmingly in favour of the previously announced friendly business combination, by way of Plan of Arrangement with Mercator at its Special Meeting of Shareholders held on June 14, 2011. 'The combination of Mercator and Creston will create a [...]
Creston Moly announced today that ISS Proxy Advisory Services and Glass, Lewis & Co., the two leading independent proxy research and advisory firms, have published reports recommending that Creston shareholders vote FOR the proposed arrangement agreement to which Mercator Minerals will acquire all issued and outstanding common shares of Creston by [...]
Creston Moly advises that its appeal of an arbitrator's December 23, 2008 decision on a finder's fee has been turned down by the Supreme Court of British Columbia. The Court's decision of the arbitrator's award will not materially affect the working capital of the Company as the liability to Sattva Capital of more than $2,600,000 has been fully [...]
Mercator Minerals and Creston Moly are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Mercator will acquire all the outstanding common shares of Creston by way of a plan of arrangement. Under the plan of arrangement, shareholders of Creston will receive 0.15 of a common share of Mercator and [...]
Creston Moly announces that anomalous rhenium (Re) values have been detected in selected drill core samples from its El Creston Main Zone molybdenum deposit, located in the state of Sonora, Mexico. A total of 22 samples from various locations within the deposit were analyzed for rhenium, and all returned anomalous values. Six samples assayed [...]
Creston Moly announces assay results from four exploration and four geotechnical holes recently completed at its El Creston molybdenum property located in the state of Sonora. Drill Highlights include: Hole GT 10-11 intersecting 155.55 metres averaging 0.063% molybdenum, including sections of 42.70 and 54.90 metres respectively averaging 0.103% and [...]
Creston Moly is pleased to announce the appointment of Mr. Carlos Garcia Droguett as the new Country Manager for its Mexican Operations. Mr. Garcia is a Mechanical Engineer with a MBA and certificates in Administration of Human Resources and Labor Law Reforms. He has held several senior positions in the mining, construction, and chemical industries [...]
Creston Moly announces assay results from six exploration and four geotechnical holes recently completed at its El Creston molybdenum property located in the state of Sonora, Mexico. In addition, the Company wishes to announce a nine hole drill program totaling 1,200 metres in length with the purpose of testing areas that can add resources to the [...]