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Victory Ventures Inc Acquires Fortuna Property, Kamloops, BC

Tuesday, 2 Jul 2013 01:19pm EDT

Victory Ventures Inc announced that the recent acquisition of the Fortuna mineral property (Fortuna Property), located 60 kilometers north of Kamloops, BC. The Fortuna Property is an all-weather, road accessible mineral property, located 12 kilometres east of Highway 5 and east of the community of Louis Creek, BC. The main mineral zones are exposed on the steep slopes north of the main access road following eastward from Louis Creek. The 608.9 hectare property was acquired from Victory Ventures president, Mr. Dennis Vigouret, for a cash payment of $3,156.

Buchans Minerals Corp and Minco plc's Minco and 8501297 Canada Inc Announce Final Court Approval Of Plan Of Arrangement And Effective Date

Tuesday, 2 Jul 2013 10:07am EDT

Buchans Minerals Corp and Minco plc announced the Supreme Court of Nova Scotia has approved the plan of arrangement (the Arrangement) involving Buchans Minerals, Minco and 8501297 Canada Inc. (MIO Sub), a wholly-owned subsidiary of Minco. As previously announced, the Arrangement was approved by the shareholders of Buchans Minerals at its annual and special meeting held on June 28, 2013. The effective date of the Arrangement (Effective Date) will be July 16, 2013. Pursuant to the terms of the Arrangement, on the Effective Date, Minco will acquire, through MIO Sub, all of the issued and outstanding common shares of Buchans Minerals (Buchans Shares) that Minco does not already own in exchange for ordinary shares of Minco (Minco Shares) on the basis of 0.826 of a Minco Share for each Buchans Share, and Buchans will amalgamate with MIO Sub, with the amalgamated company being a wholly-owned subsidiary of Minco. Closing of the Arrangement is subject to the satisfaction or waiver of the other conditions to the Arrangement, including receipt of all necessary regulatory approvals.

Buchans Minerals Corp and Minco PLC's 8501297 Canada Inc Announce Final Court Approval Of Plan Of Arrangement And Effective Date

Tuesday, 2 Jul 2013 10:07am EDT

Buchans Minerals Corp and Minco PLC announced the Supreme Court of Nova Scotia has approved the plan of arrangement (the Arrangement) involving Buchans Minerals, Minco and 8501297 Canada Inc. (MIO Sub), a wholly-owned subsidiary of Minco. As previously announced, the Arrangement was approved by the shareholders of Buchans Minerals at its annual and special meeting held on June 28, 2013. The effective date of the Arrangement (Effective Date) will be July 16, 2013. Pursuant to the terms of the Arrangement, on the Effective Date, Minco will acquire, through MIO Sub, all of the issued and outstanding common shares of Buchans Minerals (Buchans Shares) that Minco does not already own in exchange for ordinary shares of Minco (Minco Shares) on the basis of 0.826 of a Minco Share for each Buchans Share, and Buchans will amalgamate with MIO Sub, with the amalgamated company being a wholly-owned subsidiary of Minco. Closing of the Arrangement is subject to the satisfaction or waiver of the other conditions to the Arrangement, including receipt of all necessary regulatory approvals.

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