Business

Harte Gold has announced that the Court has approved the Successful Bid by Silver Lake. As a result of the approval, closing is anticipated in mid-February 2022. Harte Gold notes that this provides for the payment of substantially all of Harte’s liabilities, other than the Excluded Liabilities, as defined in the Successful Bid.  Neither the Successful Bid nor the Back-Up ...

As of January 1, 2022, industrial and commercial electricity customers will benefit from the full savings introduced through the Ontario government’s Comprehensive Electricity Plan, announced in Budget 2020, and first implemented in January 2021. This year customers could see an additional four percent savings compared to their bills last year, bringing the full savings from the Comprehensive Electricity Plan to ...

À compter du 1er janvier 2022, la clientèle industrielle et commerciale d’électricité bénéficiera de toutes les économies introduites par le biais du Plan exhaustif relatif à l’électricité du gouvernement de l’Ontario, annoncé dans le budget de 2020 et mis en œuvre pour la première fois en janvier 2021. Cette année, les clients pourraient réaliser des économies supplémentaires de 4 % ...

As announced on December 7, 2021, HARTE GOLD CORP. was granted creditor protection pursuant to an order granted by the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended. Pursuant to the Initial Order, FTI Consulting Canada Inc. was appointed as monitor of the Company. As announced on December 20, 2021, the ...

Les entreprises admissibles qui sont forcées de fermer leurs portes ou de réduire leur capacité en raison des mesures de santé publique mises en place pour contrer la propagation du variant Omicron de la COVID-19 peuvent présenter une demande dans le cadre du nouveau Programme ontarien de remise pour les coûts à l’intention des entreprises dès aujourd’hui. Par l’entremise de ...

Eligible businesses required to close or reduce capacity due to the current public health measures put in place to blunt the spread of the Omicron variant of COVID-19 can apply for the new Ontario Business Costs Rebate Program. Through the new program, the government will provide eligible businesses with a rebate payment of up to 100 per cent for property ...

As previously announced on December 7, 2021, Harte Gold was granted creditor protection pursuant to an order granted by the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended  Pursuant to the Initial Order, FTI Consulting Canada Inc. was appointed as monitor of the Company. As announced on December 20, 2021, the ...

Manitou Gold Inc. will begin the drilling of key targets on the Baltimore deformation zone grid, and on additional assay results from drill holes at the recently discovered Bald Eagle gold zone in the next week. “Our winter drill program, which is set to commence in the coming week, will test the most attractive gold targets recognized at the Goudreau ...

Red Pine Exploration Inc. plans to significantly expand its exploration program into 2022. Highlights of the 2022 Phase 1 exploration program include: Expansion of the contractor drill fleet from 2 to 4 on-site operators. Approximately 60% of the program will focus on areas which have the potential to expand the current Surluga and Minto South resources. Approximately 40% of the ...

Alamos Gold Inc. is pleased to announce the appointments of Luc Guimond as Vice President, Operations and Khalid Elhaj as Vice President, Business Strategy. Léon Grondin-Leblanc has been promoted to General Manager, Young-Davidson. Luc Guimond has nearly 35 years of experience in the mining industry in operations management, project management, mine construction, and corporate development in Canada and Australia; and ...

Searchmont Resort kicked off their 2021-2022 ski and snowboard season Thursday, December 23rd, 2021 to much anticipation. Approximately 300 guests visited the resort to hit the slopes on what turned out to be a beautiful day. With two new triple lifts and several new trails being opened this season, the resort set a new sales record this year for season ...

Le gouvernement de l’Ontario octroie plus de 1,5 million de dollars pour aider 74 entreprises locales dans les régions d’Algoma et Manitoulin à se conformer aux lignes directrices en matière de santé publique liées à la COVID-19. Le financement est consenti dans le cadre du Programme de relance économique du Nord de l’Ontario (PRENO) et appuiera la rénovation de bâtiments, ...

The Ontario government is providing more than $1.5 million to help 74 local businesses adapt to COVID-19 public health guidelines in the Algoma and Manitoulin regions. The funding is being delivered through the Northern Ontario Recovery Program (NORP) and will support building renovations, installation of safety equipment and health and safety upgrades. “Our government is standing shoulder-to-shoulder with northern business ...

Manitou Gold Inc.is pleased to announce that it has closed a non-brokered private placement pursuant to which it has issued an aggregate of 9,000,000 common shares at a price of $0.06 per Share and 15,685,714 “flow-through” common shares at a price of $0.07 per FT Share, to raise aggregate gross proceeds of $1,638,000. The Company also issued an aggregate of ...

Argonaut Gold Inc. announces that it has completed a review of the estimated construction capital at completion (“EAC”) of its 100%-owned Magino project in Ontario, Canada. The Company also announces a change in leadership. All dollar amounts are expressed in Canadian dollars, unless otherwise specified. “US$” refers to United States dollars.   Leadership Change The Company announces that Pete Dougherty ...