Key Developments: Mariana Resources Ltd (MRRE.L)

MRRE.L on London Stock Exchange

2.38GBp
28 Aug 2015
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Latest Key Developments (Source: Significant Developments)

Mariana Resources Ltd gains 100 pct. ownership of Ergama gold-copper prospect, Western Turkey
Tuesday, 14 Apr 2015 02:04am EDT 

Mariana Resources Ltd:Says that it has received notification from Teck Madencilik Sanayi Ticaret AS that it has terminated its one-time back-in right at Ergama gold-copper prospect, Balikesir Province, western Turkey.As a direct result of this notification, Mariana will regain 100 pct. ownership of 2,168 Ha Ergama property, with Teck retaining 2 pct. NSR with respect to any future production from property.  Full Article

Mariana Resources Ltd announces results from Drilling at Hot Maden in Eastern Turkey
Monday, 2 Feb 2015 02:00am EST 

Mariana Resources Ltd:Says its JV partner and operator Lidya Madencilik Sanayi ve Ticaret A.S. (Lidya, earning 70%) has completed an initial 9 hole / 1,647 m diamond drill program at the Hot Maden Prospect in eastern Turkey with excellent initial results.Says assays have now been received for the first four holes (HTD-01 to HTD-04), and are pending for the remaining five holes (HTD-04A to HTD-07A).  Full Article

Mariana Resources Ltd withdraws from Condor de Oro Project
Thursday, 27 Nov 2014 02:00am EST 

Mariana Resources Ltd:Announces that following a review of its exploration strategy over its recently bolstered portfolio of core projects as well as exploration results received to date, it has decided to withdraw from the 102 sq km Condor de Oro copper-gold-molybdenum project.Says the project is located in in Northern Peru.  Full Article

Mariana Resources Ltd signs arrangement agreement for the acquisition of Aegean Metals Group
Wednesday, 5 Nov 2014 02:00am EST 

Mariana Resources Ltd:Announces that it signed an arrangement agreement to which, and in accordance with the Business Corporations Act (British Columbia), Mariana will acquire all of the issued and outstanding common shares of Aegean as previously announced on Sept. 18.Says this is in consideration for the issuance of 1.902 ordinary shares of Mariana for every one Aegean Share held.Says upon completion of the transaction, the current management team of Mariana will manage the affairs of Aegean.  Full Article

Mariana Resources Ltd enters into option agreement to earn 50.01 pct interest in Nassau Gold Limited
Tuesday, 30 Sep 2014 02:02am EDT 

Mariana Resources Ltd:Says it has entered into an option agreement to earn up to a 50.01 pct interest in Nassau Gold Limited, a joint venture company between Mariana and Sumin Resources Limited (Sumin) for the development of the Nassau Gold Project.Says Sumin is a private company holding 100 pct of Nassau Gold Limited , which has the option to acquire 80 pct of the Nassau Project.  Full Article

Aegean Metals Group Inc announces letter agreement for proposed acquisition by Mariana Resources Limited
Thursday, 18 Sep 2014 02:15am EDT 

Aegean Metals Group Inc:Says that it has entered into a binding Letter Agreement with Mariana Resources Limited (AIM:MARL).Says pursuant to which the parties intend that Mariana will acquire all of the issued and outstanding common shares of Aegean by way of a statutory Plan of Arrangement.Under the terms of the Agreement, Mariana will acquire all of the issued and outstanding Aegean Shares in consideration for the issuance of 1.902 ordinary shares of Mariana for every one Aegean Share held.Says this represents an approximate value of C$0.0625 per Aegean Share based on a 20 day volume-weighted average price ending Sept. 12.Says the definitive agreement to implement the acquisition is expected to be completed on or before Oct. 3, 2014.Upon completion of the Transaction, the current management team of Mariana will manage the affairs of Aegean.  Full Article

Mariana Resources Ltd announces commencement of drilling
Thursday, 1 May 2014 02:00am EDT 

Mariana Resources Ltd:Says commencement of 2000 metre drilling programme at Soledad gold-silver-copper Prospect (Soledad or Project) in Peru.Project is located in prospective Cordillera Negra metallogenic province about 34 km to south of Pierina gold-silver mine operated by Barrick Gold Corporation.Mariana has an option to earn 70 pct interest in Soledad, which is fully drill permitted and 100 pct owned by Condor Resources Inc.  Full Article

Mariana Resources Ltd signs definitive agreement for soledad gold-copper-silver prospect with Condor Resources Inc
Monday, 7 Apr 2014 02:01am EDT 

Mariana Resources Ltd:Signs definitive agreement for the Soledad Prospect in Peru between Mariana and Condor Resources Inc.The Project is located in the prospective Cordillera Negra metallogenic province about 34 km to the south of the Pierina gold-silver mine operated by Barrick Gold Corporation.Mariana has an option to earn a 70 pct interest in Soledad, which is fully drill permitted and 100 pct owned by Condor.Mariana can earn a 70 pct interest in Soledad by completing cumulative exploration work of $4 mln and making cumulative cash payments of $1.1 mln, all prior to Oct. 31, 2017.  Full Article

Mariana Resources Ltd raises 2.67 million pounds in capital increase
Friday, 29 Nov 2013 07:10am EST 

Mariana Resources Ltd:Says it has raised approximately 2.67 million pounds through a placing assisted by RFC Ambrian and Fox-Davies Capital.Says it will issue and allot 59,500,001 new ordinary shares, conditional on admission, at a placing price of 4.5 pence.Says the net funds of 2.53 million pounds will be utilised to advance the Company's two gold, copper projects in Peru.Says trading in the new shares is expected to start on Dec. 5.Says following admission, there will be a total of 422,658,074 ordinary shares on issue.  Full Article

Mariana Resources Ltd Announces Issue of Equity
Wednesday, 13 Nov 2013 02:00am EST 

Mariana Resources Ltd announces that 1,011,000 warrants exercisable into ordinary shares at GBP0.02 each have been exercised and funds have been received. The Company will issue and allot 1,011,000 new ordinary shares. Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM. Dealings are expected to commence on or about the November 19, 2013.  Full Article

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