Business

Netmizaaggamig Nishnaabeg and Community Network Partners Reach Agreement for Construction of High-Capacity Microwave Connection to Community

Netmizaaggamig Nishnaabeg Chief and Council have entered into an agreement with Community Network Partners for the construction and operations of a next generation fixed wireless broadband network for the community being fed by a best in class fiber optic backbone. The construction and a community wide Community Outreach campaign will take place beginning November 2021 allowing residents to sign-up for ...

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Algoma Steel and Legato Merger Corp. Close Business Combination

On October 19th, 2021 Algoma Steel Group Inc., parent company of Algoma Steel Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced the completion of their merger with Legato Merger Corp., a publicly-traded special purpose acquisition company, taking public a company that is working to build a new era in steel through its ...

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Harte Gold Announces Second Amendment to Forbearance Agreement with BNPP

Harte Gold announces the second amendment of its Forbearance Agreement with BNP Paribas (“BNPP”). The Forbearance Agreement, initially announced on July 30, 2021, and amended on September 30, 2021, has been further amended pursuant to an Amending Agreement dated October 15, 2021, which extends the date to which BNPP has agreed, subject to certain terms and conditions, to refrain from ...

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Legato Merger Corp. Receives Stockholder Approval for its Business Combination with Algoma Steel

Legato Merger Corp., a U.S. publicly-traded special purpose acquisition company, and Algoma Steel Group Inc., a fully integrated producer of hot and cold rolled steel products, today announced that Legato’s stockholders have approved the previously announced business combination transaction between Legato and Algoma (the “Merger”). The holders of approximately 74 per cent of the shares of Legato common stock voted ...

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Harte Gold Announces Amendment to Forbearance Agreement with BNP

Harte Gold announces an amendment of its Forbearance Agreement with BNP Paribas (“BNPP”). The Forbearance Agreement, previously announced on July 30, 2021, has been amended pursuant to an Amending Agreement dated September 30, 2021, which extends the date to which BNPP has agreed, subject to certain terms and conditions, to refrain from enforcing its rights and remedies under the BNP ...

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Manitou Gold Intersects Visible Gold; Drills 3.3 g/t Au over 3.0m

Manitou Gold Inc. is pleased to announce that it has identified a new gold zone, the Bald Eagle Gold Zone (BEGZ) on its Goudreau project in northeastern Ontario. The BEGZ has been intersected with six drill holes over a strike length of 150 meters. Highlights: Visible gold observed in the BEGZ hole MTU-21-43 with assays pending New gold zone identified ...

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État des ressources naturelles de l’Ontario – Forêts 2021 « Un rapport confirme que les forêts publiques de l’Ontario sont gérées de manière durable »

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Le gouvernement de l’Ontario a publié son Rapport sur l’état des richesses naturelles de l’Ontario – Les forêts 2021, qui fournit des renseignements importants sur la santé et le bien-être de nos forêts, de nos collectivités et de notre industrie. La Loi de 1994 sur la durabilité des forêts de la Couronne de l’Ontario exige que le gouvernement présente un ...

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Wesdome Announces High Grade Gold Values at Falcon 7 Zone

Wesdome Gold Mines Ltd. announced results from the initial sill development on the Falcon 7 Zone at the Company’s wholly-owned Eagle River Mine near Wawa, Ontario. Falcon 7 Zone The Falcon 7 Zone was discovered in 2019 and now initial sill development has been completed on the 622 and 635 levels in preparation for mining in Q4. Chip sampling and ...

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Northern Credit Union to observe National Day for Truth and Reconcilliation

Northern Credit Union (Northern) is committed to supporting our communities through the observance of the National Day For Truth and Reconciliation.   The Government of Canada recently passed legislation to make September 30th, a federal statutory holiday called the National Day for Truth and Reconciliation. This is an important step in the reconciliation process and provides an opportunity to honour ...

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Harte Gold Reports Second Quarter 2021 Results and Provides Operational Update

HARTE GOLD CORP. has announced the second-quarter results ended June 30, 2021. The Company’s unaudited financial results for three months ended June 30, 2021 (“Q2 2021”), together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.hartegold.com.  All currency references in this press ...

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Harte Gold Receives Notice of Default from Appian

HARTE GOLD CORP. announces that it received notice today from ANR Investments 2 B.V. and AHG (Jersey) Limited (“AHG” and, collectively, the “Appian Parties”) that events of default have occurred under the Financing Agreement dated July 14, 2020 between ANR and Harte Gold (the “Financing Agreement”) and the Facility Agreement dated August 28, 2020 between AHG and Harte Gold. Among ...

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Harte Gold Enters Into Forbearance Agreement With BNPP

HARTE GOLD has announced that it has entered into a forbearance agreement with BNP Paribas (“BNPP”) pursuant to which BNPP has agreed, subject to certain terms and conditions, to refrain from enforcing its rights and remedies under the senior credit facility agreement (the “Credit Facility”) until September 30, 2021. On June 30, 2021, the Company announced that BNPP had (a) ...

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