MAG Silver announces that, pursuant to a transaction among Reyna Silver Corp., Reyna Silver Mining Inc. and a wholly owned subsidiary of the Issuer, MAG has acquired, in exchange for its existing preferred shares of the Target and for no additional consideration, 14,556,706 common shares of the Issuer together with certain contractual rights of participation in future issuances of Company Shares. The preferred shares of [...]
Reyna Silver announces that it has completed the acquisition of all the issued and outstanding securities of Reyna Silver Mining Inc. The following is a summary of the material terms of the Acquisition. A complete description of the Acquisition is set out in the Company’s Filing Statement dated June 3, 2020 as filed on SEDAR. The Company eliminated all of its current and long-term liabilities, except for $222,900, by [...]
Century Metals Inc. Further to the Company’s recent news releases concerning the Company’s proposed acquisition of all the issued and outstanding securities of Reyna Silver Corp., the Company is pleased to advise that: the shareholders of Reyna Silver approved the Acquisition at a special meeting of shareholders held on May 19, 2020; and the Company received conditional approval from the TSX Venture Exchange to the [...]
Century Metals announces that following a review by the Company’s auditors, PricewaterhouseCoopers, the Company has filed amended and restated interim financial statements and management discussion and analysis for the three and nine months ended December 31, 2019. The review by PwC was undertaken in conjunction with the proposed reverse take-over involving Reyna Silver Corp., initially announced on September 24, 2019 [...]
Century Metals Inc. Further to the Company’s recent news releases, the Company is pleased to advise that it has entered into a definitive Acquisition and Amalgamation Agreement regarding the Company’s proposed acquisition of all the issued and outstanding shares of Reyna Silver Corp. The next step will be the preparation and filing of the Company’s Filing Statement with the TSXV. That document will form [...]
Century Metals Inc. Further to the Company’s news releases of September 24, 2019 and December 31, 2019, the Company provides the following update on its proposed acquisition of all the issued and outstanding shares of Reyna Silver Corp. Acquisition Terms As previously disclosed, in conjunction with the Acquisition: Century Metals will eliminate all of its current and long-term liabilities by paying the same in cash [...]
Century Metals Inc. Further to the Company’s news release of September 24, 2019, the Company provides the following update on its proposed acquisition of all the issued and outstanding share capital of Reyna Silver Corp. . Acquisition Terms In conjunction with the Acquisition: Century Metals will eliminate all of its current and long-term liabilities by paying the same in cash or issuing Century Metals common shares [...]
Century Metals Inc. is pleased to announce the results of the 2019 Annual General Meeting of shareholders that was held on September 26, 2019 in Toronto, Canada. The Company is pleased to report that, high shareholder response was achieved, with 73.26% of Century’s outstanding shares having been voted at the meeting. At that meeting, the shareholders: set the size of the Board of Directors at six members; elected [...]
Century Metals Inc. is pleased to announce that it has entered into a letter of intent dated effective September 23, 2019 outlining the general terms and conditions with respect to the acquisition by Century Metals of all the issued and outstanding share capital of Reyna Silver Corp. . The Acquisition of Reyna Silver is anticipated to constitute a reverse takeover under Policy 5.2 of the TSX Venture Exchange , and is [...]
Century Metals Inc. is pleased to announce that it has filed its audited financial statements for the year ended March 31, 2019 and the related management discussion and analysis . Copies of these documents are available under Century Metals’s SEDAR profile at www.sedar.com and will be posted on Century Metals’s website at www.centurymetals.ca. About Century Metals The Company holds a 100% interest in the [...]
Century Global Commodities Corp. is pleased to announce that it has received the TSX Venture Exchange’s conditional approval to the listing of the common shares of its subsidiary, Century Metals Inc. , as disclosed in the Company’s news release dated November 5, 2018. As the next major regulatory process, Century Metal’s prospectus is currently being reviewed by the Ontario Securities Commission [...]
Century Global Commodities Corp. today provided the following update relating to the Company’s planned spin-out of its subsidiary, Century Metals Inc., as disclosed in the Company’s news release dated June 20, 2018. Century Metals has completed the third tranche of its private placement of special warrants at a price of $0.06 per Special Warrant on November 2, 2018. The third tranche involved the issuance of [...]