Wesdome, WQM ponder merger
Toronto-based sister companies Wesdome Gold Mines (WDO-T, WDOFF-O) and Western Quebec Mines (WQM-T) say they are “exploring the possibility” of merging, but have the support of both boards of director…
Toronto-based sister companies Wesdome Gold Mines (WDO-T, WDOFF-O) and Western Quebec Mines (WQM-T) say they are “exploring the possibility” of merging, but have the support of both boards of director…
Toronto-based sister companies Wesdome Gold Mines (WDO-T) and Western Quebec Mines (WQM-T) say they are “exploring …
The Ontario Securities Commission reported the following insider trading transactions in recent issues of the OSC Bulletin:…
Lac de Montigny, Que. —
On the surface,
Gold miner McWatters Mining (MWA-T) has agreed to the appointment of a receiver under the Bankruptcy and Insolvency Act and plans to make a repayment proposal to its creditors.One of McWatters’ secure…
Montreal-based Richmont Mines (RIC-T) will acquire the East Amphi and Fourax properties from embattled McWatters Mining (MWA-T) in return for $7 million in cash. The properties are near Malartic in no…
Troubled Quebec miner McWatters Mining (MWA-T) limped to a net loss of $5.9 million for the three months ended Sept. 30.The loss translates into a penny per share, and compares with a year-earlier los…
Looking for cash to help in its bid to revitalize the struggling Sigma-Lamaque open-pit gold mine, McWatters Mining (MWA-T) has agreed to sell its nearby Kiena mine complex on Parker Island, west of V…
Winter drilling at the Shawkey gold project near Val d’Or, Que., has returned lacklustre results for Western Quebec Mines (WQM-T).The junior sank 10 holes to follow up on erratic values obtained in th…
Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Alamos Minerals (AAS-V) — Chester Millar, director, bought 258,000 shares at 47-53 apiece to…
Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Alamos Minerals (AAS-V) — Chester Millar, director, bought 109,500 shares at 44-50 apiece to…
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