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Mandalay Resources Corp (MND.TO)

MND.TO on Toronto Stock Exchange

0.62CAD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Mandalay Resources announces completion of revised repurchase offer
Wednesday, 24 May 2017 07:52am EDT 

May 24 (Reuters) - Mandalay Resources Corp ::Mandalay Resources - gold exchange revised repurchase offer, consent solicitation in respect of U.S.$60 million principal amount 5.875% secured exchangeable bonds due 2019.Mandalay -original repurchase bond offer,consent solicitation was not completed; gel entered discussions with holders to implement alternative arrangements.Mandalay Resources Corp - holders of 100% of bonds have now executed a written resolution approving repurchase and consent solicitation.Mandalay Resources - holders approve repurchase,consent solicitation on same terms as original proposal except interest rate increased to 6.875%/annum.Mandalay Resources Corp - gel has agreed to purchase us$29.95 million principal amount of bonds from holders.  Full Article

Mandalay Resources Corp provides update on repurchase offer
Friday, 12 May 2017 07:30am EDT 

May 12 (Reuters) - Mandalay Resources Corp -:Mandalay Resources Corporation provides update on repurchase offer and consent solicitation in respect of 5.875% secured exchangeable bonds.Mandalay Resources - meeting of bondholders in respect of proposed amendments to bonds subject of consent solicitation has been adjourned indefinitely.Mandalay Resources Corp - repurchase has been withdrawn.  Full Article

Mandalay Resources Corporation Q1 loss per share $0.01
Wednesday, 10 May 2017 07:06pm EDT 

May 10 (Reuters) - Mandalay Resources Corp :Mandalay resources corporation announces financial results and quarterly dividend for first quarter 2017.Qtrly loss per share $0.01.Board of directors declared a quarterly dividend of $2.7 million, or $0.0060 per share.Mandalay resources - expect to see production continuing to increase throughout 2017, with a consequent improvement in unit costs going forward.Qtrly revenue $45.4 million versus $32.4 million last year.Reiterate previous fy guidance for consolidated production, cash cost, capital spending and exploration spending.During q1 of 2017, mandalay produced 19% fewer ounces of gold equivalent versus q1 of 2016.  Full Article

Mandalay Resources announces Q1 production and sales results
Wednesday, 12 Apr 2017 04:30pm EDT 

Mandalay Resources Corp : Mandalay Resources Corporation announces production and sales results for the first quarter of 2017 . Produced a total of 21,370 ounces gold, 741 tonnes antimony and 435,076 ounces silver in quarter . Expect to see production continue to grow over remainder of 2017 . On track to delivering on guidance range of 138,000 to 163,000 ounces of gold equivalent for 2017 .In q1 of 2017, Mandalay produced 32,481 saleable ounces of gold equivalent and sold 34,801 ounces of gold equivalent.  Full Article

Mandalay Resources reports management changes
Monday, 10 Apr 2017 05:28pm EDT 

Mandalay Resources Corp : Mandalay Resources Corporation announces management changes . Mandalay Resources Corp - Bradford Mills to serve as chair of board .Mandalay Resources Corp - Mills was previously executive chairman.  Full Article

Mandalay Resources Q4 consolidated loss per share $0.06
Thursday, 16 Feb 2017 09:59pm EST 

Mandalay Resources Corp : Mandalay Resources Corporation announces fourth quarter and full-year 2016 financial results, quarterly dividend, and updated guidance for 2017 . Consolidated net loss before special items of $10.8 million, or $0.02 loss per share before special items, for Q4 . Says cutting workforce by about 10 percent . Qtrly revenue $32.4 million versus $43.6 million .Qtrly consolidated loss per share $0.06.  Full Article

WPC signs agreement with Mandalay resources to buy Lupin gold mine, Ulu gold project
Tuesday, 1 Nov 2016 11:47am EDT 

Wpc Resources Inc: WPC signs definitive agreement with Mandalay resources to acquire the Lupin gold mine and the Ulu gold project . Upon completion ,Mandalay will own 20 million common shares of WPC . Upon completion, Mandalay will have right to acquire up to additional 16 million common shares of WPC upon conversion of convertible note .Signed a definitive agreement with Mandalay resources corporation to acquire its 100%-owned subsidiary, Lupin mines incorporated.  Full Article

Mandalay resources corporation announces production and sales results for third quarter 2016
Wednesday, 12 Oct 2016 07:30am EDT 

Mandalay Resources Corp : Mandalay Resources corporation announces production and sales results for the third quarter of 2016 . Mandalay Resources -in Q3 of 2016, Mandalay produced a consolidated 34,586 saleable ounces of gold equivalent and sold 35,617 ounces of gold equivalent . Mandalay Resources Corp says saleable silver production for q3 of 2016 was 388,139 ounces .Mandalay Resources -consolidated saleable gold production for q3 was 24,309 ounces, slightly less than amount for same quarter last year at 25,996 ounces.  Full Article

Mandalay resources Q2 revenue $54.2 versus $50.8 million last year
Thursday, 11 Aug 2016 08:35pm EDT 

Mandalay Resources Corp : Mandalay resources corporation announces second quarter 2016 financial results and quarterly dividend . Consolidated net income before special items of $5.2 million, or $0.01 per share .Q2 revenue $54.2 versus $50.8 million last year.  Full Article

Mandalay resources Q2 revenue $54.2 versus $50.8 million last year
Thursday, 11 Aug 2016 07:40pm EDT 

Mandalay Resources Corp : Mandalay resources corporation announces second quarter 2016 financial results and quarterly dividend . Consolidated net income before special items of $5.2 million, or $0.01 per share .Q2 revenue $54.2 versus $50.8 million last year.  Full Article

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BRIEF-Mandalay Resources announces completion of revised repurchase offer

* Mandalay Resources - gold exchange revised repurchase offer, consent solicitation in respect of U.S.$60 million principal amount 5.875% secured exchangeable bonds due 2019