First Metals Inc.

• First Metals Inc. Announces Default in Filing Financial Statements

  First Metals wishes to advise that it will be late filing its audited financial statements and MD&A for the year ended December 31, 2010 which were to be filed on or before May 2, 2011 pursuant to relevant securities laws. The delay in filing the year end statements and the resulting default are due primarily to a lack of available funding.

  weiterlesen

  03.05.2011

  von CNW
• First Metals Inc. Completes Sale of Properties

  First Metals announced today that pursuant to its ongoing restructuring process that it has completed the disposition of its Fabie Bay and Magusi River properties, together with certain assets related thereto, for aggregate consideration of $500,000 payable in common shares of Globex Mining Enterprises at a deemed issue price of $3.00 per share. The net proceeds of this sale will be used to repay amounts owing to [...]

  weiterlesen

  04.04.2011

  von CNW
• First Metals Inc.: Announces Developments In Restructuring Process

  First Metals announced today that pursuant to its ongoing restructuring process that it has executed an agreement for the disposition of its Fabie Bay and Magusi River properties, together with certain assets related thereto, for aggregate consideration of $500,000 payable in common shares of Globex Mining Enterprises at a deemed issue price of $3.00 per share. In connection with the foregoing transaction the [...]

  weiterlesen

  24.03.2011

  von CNW
• First Metals Inc: Announces Developments In Restructuring Process

  First Metals announced today that pursuant to its ongoing restructuring process that it has executed an agreement for the disposition of certain of its heavy equipment for total cash proceeds of $1,100,000. The completion of the sale, which is to be made through a receiver being appointed by the Corporation's secured creditors, is expected to close upon completion of certain regulatory procedures in the Province of [...]

  weiterlesen

  21.02.2011

  von CNW
• First Metals Inc. Announces Developments In Restructuring Process

  First Metals announced today that holders of its outstanding 5% secured notes have approved a resolution directing the company to proceed with the sales of the Corporation's Fabie Bay and Magusi River properties in Quebec as well as certain heavy equipment. Pursuant to the resolution the net proceeds from such sales will be paid to the note holders on a pro rata basis and following such payment the noteholders will [...]

  weiterlesen

  04.02.2011

  von CNW

weitere engl. Meldungen