Both the Orillia and Bobcaygeon quarries have restarted and completed sales post-COVID-19 Closure Landscaping, Stone Yards and Garden Centres are slowly beginning to normalize across Ontario and Michigan The Company qualifies for and will receive the Canada Emergency Wage Subsidy Analysis continues on the promising gold potential at Radio Hill, analysis of historic drill-core now posted online Private Placement in [...]
Rogue Stone restarted Orillia last week, completing sales from new production, Bobcaygeon restarts today The Company received the Government of Canada's CEBA, a $40,000 interest-free, government-guaranteed loan Rogue has negotiated relief with its Credit Group, highlighted by a 3 month deferral on payments Rogue is initiating a $300K Private Placement, split $100K Non-Flow-Through and $200K Flow-Through Rogue Resources[...]
Rogue Stone plans to restart its quarries, next week for Orillia and the week following for Bobcaygeon Initially Company will supply Ontario infrastructure projects, preparing for re-opening of US markets Rogue is also finalizing issuance of the previously announced 2,250,000 bonus shares to the Credit Group Rogue Resources Inc. sent the below note to shareholders, from Sean Samson, President and CEO of Rogue Resources [...]
Radio Hill is an 1,800 hectare land package located along the western extension of the Destor-Porcupine Fault The package is surrounded by the Pen Gold Project, amalgamated by GFG Resources in 2018 Within approximately 4km of Radio Hill, GFG announced this week 71.27 Grams of Gold per Tonne Over 8.5m Rogue has identified Exploration Targets and has a Permit in place to potentially drill the project this summer Rogue[...]
Rogue Stone has continued its temporary suspension of quarry operations at its Bobcaygeon and Orillia quarries, in line with the continuing guidance from the government of Ontario The Company intends to reopen in time to supply to the Ontario and US markets, once guidance changes. Rogue Resources Inc. sent the below note to shareholders, from Sean Samson, President and CEO of Rogue Resources- "Hello everyone- I wanted to [...]
Rogue Stone temporarily suspended its quarry operations at its Bobcaygeon and Orillia quarries today, in line with guidance from the government of Ontario. Results for the quarter November 2019-January 2020 will be made public Monday, March 30, 2020. Rogue Resources Inc. sent the below note to shareholders, from Sean Samson, President and CEO of Rogue Resources- "Hello everyone- I wanted to be in touch about our response [...]
Acquired the Orillia Quarry today, which has been in continuous operation for more than 25 years The Orillia Quarry is licensed to produce 20,000 tonnes per year Averaged $131/tonne in Revenue and $68/tonne Opex on 2,722 tonnes of production over the past five years Acquisition remains subject only to the transfer of the license and final approval of the TSXV Rogue Resources Inc. is pleased to announce it has acquired [...]
Closing on $1.8M of new Debt Financing arranged with a leading Canadian, non-bank lender. Debt Financing to fund the Orillia Purchase Price and close out the inherited second mortgage on Bobcaygeon. Rogue Resources Inc. is pleased to announce it has closed on its previously announced $1.8M of new Debt Financing and is now on track to acquire 100% of the Speiran Quarry , also referred to as "Orillia Quarry". This [...]
Identified and secured 8 pieces of equipment to operate the Bobcaygeon and Orillia quarries. The fleet is a mix of low hour used and new equipment. 7 pieces of Caterpillar equipment, to be acquired through Toromont Cat with financing through a leading Equipment Finance Group. Lower-cost, lease arrangements shifts from the base case of renting a majority of the required fleet. The leases range from 40 to 60 months and [...]
Corporate Update conference call will be held on Thursday, February 27, 2020 at 12:00pm EST Rogue Resources Inc. invites investors to join management on an Update Call this Thursday at noon Toronto-time. The financing plan for the Orillia Acquisition, including the New Debt Facility will be discussed in detail on a conference call with management on Thursday, February 27th, 2020, at noon Eastern . Rogue CEO Sean Samson [...]
The Orillia Quarry has been in continuous operation for more than 25 years. Licensed to produce 20,000 tonnes per year. Over the last 5 years the Orillia Quarry has averaged $131/tonne in Revenue and $68/tonne operating expense on 2,722 tonnes of production per year. $1.8M of new Debt Financing arranged with a leading Canadian, non-bank lender. Debt Financing to fund the Orillia Purchase Price and close out the inherited [...]
Vancouver-based CFO transitioning to a fulltime position Company has secured Toronto-based finance and accounting support Partnered with Option Holders to amend timing of cash payments for the Snow White Property Rogue Resources Inc. is disappointed to announce that Angela Yap, its Chief Financial Officer since March of 2015 has chosen to accept fulltime employment near her home in Vancouver and will transition out of the [...]