Business

La Société d’aide au développement des collectivités Supérieur Est (SADCSE) est un organisme sans but lucratif offrant des services de développement économique communautaire régional aux PME et communautés de la région Supérieur Est.   Au cours de l’année 2019 le conseil d’administration a approuvé des prêts totalisant 1 083 285$, incluant 960 105$ en prêts locaux. Ces prêts ont maintenu ...

A worker was killed while operating a loader with fork attachments at the company’s lumber mill at 175 Planer Road, Chapleau on May 25, 2018. Justice of the Peace Nathalie Breton fined Rayonier A.M. Canada Industries Inc. $250,000 in provincial offences court in Chapleau after a guilty plea was tendered. The court also imposed a 25-per-cent victim fine surcharge, which is then added ...

Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce the closing of a brokered private placement (the “Offering”) of 40,000,000 flow-through shares (the “FT shares”) of the Company at a price of $0.05 per FT share, and 20,000,000 units (the “Units”) of the Company at a price of $0.05 per Unit for aggregate gross proceeds of ...

Red Pine Exploration Inc. is pleased to announce that it has closed its previously announced brokered private placement (the “Offering”), pursuant to which the Company has sold an aggregate of (i) 25,892,850 units (the “FT Units”) comprised of one “flow-through” common share (a “FT Share”) of the Company and one-half of one non-flow-through common share purchase warrant (each whole warrant, ...

Angus Ventures Inc. is pleased to announce that it has entered into an agreement with Talisker Gold Corp. pursuant to which it will acquire a 100% interest in the Wawa Properties of Talisker, including its option earn-in properties, for $600,000 in cash and the issuance of 4,000,000 common shares of Angus. The Wawa Properties are located within the prolific Mishibishu Lake ...

Hornepayne Lumber and Hornepayne Power (Hornepayne) welcome the Government of Ontario’s release of the draft Forestry Sector Strategy that aims to ensure sustainable management of forest resources, while also supporting job creation, promoting economic growth, and reducing unnecessary burden and costs for businesses in the industry. “The values of job creation, truly sustainable forests, regional economic growth, and innovation are core to our ...

Red Pine Exploration Inc. is pleased to announce that its ownership interest in its gold mineral property near Wawa, Ontario has increased from 60% to 64.5% as a result of Red Pine’s joint venture partner, Citabar Limited Partnership’s  election under the joint venture agreement effective August 15, 2015, a copy of which is filed under the Company’s profile on www.SEDAR.com, not ...

Harte Gold has announced the financial and operational results for the three and nine months ended September 30, 2019.  In their third quarter highlights they note that there were no lost-time injuries reported, production grew (mined tonnes and processing tonnes improved by 9% and 6% respectively), revenues increased over the previous quarter by 22% while production costs remained stable. Sam Coetzer, ...

  La Société d’aide au développement des collectivités Supérieur Esta eu 30 ans en septembre 2019.  L’organisme est une société sans but lucratif qui offre des services de prêts ainsi que des services-conseil aux entrepreneurs ainsi que des services en développement économique régional dans la région Supérieur Est. Depuis sa création, la SADC Supérieur Est a reçu 5,5 millions de ...

  The Superior East Community Futures Development Corporation turned 30 years old in September 2019.  The organization is a non-profit corporation providing small business loans and counselling as well as regional economic development services within the Superior East Region. Since inception Superior East received $5.5 million in investment funds to provide loans within this region.  Superior East has used this ...

Quentin Yarie, CEO of Red Pine Exploration Inc. (TSX-V: RPX) (“Red Pine” or the “Company”) announces the appointment of Mia Boiridy as President of the Company effective immediately. Mia’s knowledge and skills have been an important part of Red Pine since 2014 when the Company first established its Wawa Gold Project in Northern Ontario. Mia has a BSc. (Honours) in ...

A new Community Innovation and Co-working Space is in the planning stages for Wawa and the EDC wants your input. The space is named the Wawa CoLAB and serves to support local community orgs, change makers, emerging social enterprise, and existing and emerging local entrepreneurs.  The Wawa CoLAB is for people of all ages and abilities who live in Wawa ...

Harte Gold is pleased to announce the addition of Joseph Conway and James Gallagher to the Board of Directors of Harte Gold. Mr. Conway will also assume the position of Chair of the Audit Committee.  Pursuant to the press release announced August 28, 2019, part of the Governance Committee’s mandate was to identify two independent director candidates. The focus was ...

On Friday, October 4, 2019, Chief Jason Gauthier, Chief of Missanabie Cree First Nation sent to Deputy Minister Michael Keenan a newly completed business plan for the proposed Mask-wa Oo-ta-ban (Cree for Bear Train) passenger service between Sault Ste. Marie and Hearst. This third iteration of the business plan is more thorough, detailed and complete than the previous ones presented to ...

With the federal election upon us, CAPT is taking the opportunity to call upon federal candidates to declare their stance on renewing rail service in the North.   The regional economy has lost approximately $240 million since the train from the Sault to Hearst stopped running in July 2015.  This is based on the 2014 BDO Economic Impact Assessment that estimated between $38 ...