Athabasca Minerals Inc. is pleased to announce that it has closed, subject to final TSX Venture Exchange acceptance, a non-brokered private placement of 5,100,000 units at a price of $0.20 per Unit, for gross proceeds of $1,020,000. Each Unit consists of one common share and one-half of one Common Share purchase warrant , with each Warrant entitling the holder to purchase one additional Common Share at an exercise price [...]
Athabasca Minerals Inc. announces its financial results for the third quarter ended September 30, 2018. The Corporation’s financial statements and management’s discussion and analysis for the quarter ended September 30, 2018 are available on SEDAR at www.sedar.com and on the Athabasca Minerals Inc. website at www.athabascaminerals.com. 2018 Q3 Highlights Susan Lake Closure Plan is under review with Alberta [...]
Athabasca Minerals Inc. announces an update on the closure of the Susan Lake Public Pit. The Corporation has completed successive revisions to the Susan Lake Closure Plan over the past year and continues to await final approval from Alberta Environment & Parks . Closure and reclamation activities have been underway throughout 2018, with certain provisions allowed by AEP for concurrent operations to recover residual [...]
Athabasca Minerals Inc. announces the transfer of the Firebag Frac Sand Mine to its wholly owned subsidiary AMI Silica Inc. effective October 1, 2018. The transfer includes Corporation’s right, title and interest, both legal and equitable, in the Firebag Assets to AMI in exchange for 33,302,650 Class A common shares of AMI at the fair market value of CDN $30,375,000. The Firebag Assets will be recorded on the [...]
Athabasca Minerals Inc. announces that its wholly-owned subsidiary AMI Silica Inc. has received approval of its Development Permit for industrial sand processing, storage and distribution facilities in Mayerthorpe, Alberta. Further to the receipt of the Development Permit, AMI Silica has introduced a marketing portal to its website that enhances a midstream dimension to its business model, and additionally has appointed [...]
Athabasca Minerals Inc. announces its financial results for the second quarter ended June 30, 2018. The Corporation’s financial statements and management’s discussion and analysis for the quarter ended June 30, 2018 are available on SEDAR at www.sedar.com and on the Athabasca Minerals Inc. website at www.athabascaminerals.com. 2018 Q2 Highlights Corporation sold surplus equipment for $2,922,623 with a portion [...]
EDMONTON, Alberta, June 26, 2018 -- Athabasca Minerals Inc. announces the results of its Annual General and Special Meeting held on June 25, 2018 in Calgary, Alberta. In conjunction to all resolutions being passed at the AGSM, the Corporation increased the number of board members to five and appointed Robert Beekhuizen to the Board of Directors effective immediately. Mr. Beekhuizen was appointed Chief Executive Officer [...]
EDMONTON, Alberta, June 04, 2018 -- Athabasca Minerals Inc. announces that its Board of Directors have approved the grant of 625,000 stock options to officers and directors of the Corporation pursuant to the Corporation’s stock option plan. The Options have an exercise price of $0.17 per share and have a term of five years. The Options vest 33.33% after six months, 33.33% after 12 months and 33.33% after 18 months [...]
EDMONTON, Alberta, May 25, 2018 -- Athabasca Minerals Inc. announces its financial results for the first quarter ended March 31, 2018. The Corporation’s financial statements and management’s discussion and analysis for the quarter ended March 31, 2018 are available on SEDAR at www.sedar.com and on the Athabasca Minerals Inc. website at www.athabascaminerals.com. Business Highlights Sold crushing equipment May [...]
EDMONTON, Alberta, April 20, 2018 -- Athabasca Minerals Inc. is pleased to announce its financial results for the fourth quarter and year ended December 31, 2017. The Corporation’s audited financial statements and management’s discussion and analysis for the year ended December 31, 2017 are available on SEDAR at www.sedar.com and on the Athabasca Minerals Inc. website at www.athabascaminerals.com. 2017 [...]
EDMONTON, April 18, 2018 -- Athabasca Minerals Inc. announces the Corporation has entered into a Letter of Intent with a property owner in the town of Mayerthorpe, Alberta for the Firebag Frac Sand Project Storage and Distribution Hub. The selected property integrates into the Corporation’s logistics and operations strategy, with an aim of having an operational frac sand facility in 2019. The property provides a [...]
EDMONTON, Alberta, March 29, 2018 -- Athabasca Minerals Inc. is pleased to announce the Corporation has been awarded a Cdn $1.6 million order for aggregates from a major oil sands entity. Aggregates will be provided from the Corporation’s 100% owned corporate stockpile site located near Conklin, Alberta. It is anticipated that deliveries will commence in April 2018. Athabasca owns and operates the following pits [...]
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