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Tag "advanced-explorations-inc"

Advanced Explorations Inc. Engages Haywood Securities as Financial Advisor 0

TORONTO, ONTARIO — (Marketwired) — 06/17/13 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that it has retained Haywood Securities Inc. ("Haywood Securities") as its financial advisor to review strategic alternatives for the development of the Company-s flagship Roche Bay Iron Project located in Nunavut, Canada. This engagement is an expansion of the Company-s strategic agenda currently being pursued in

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Advanced Explorations Inc. Provides Corporate Update 0

TORONTO, ONTARIO — (Marketwired) — 04/23/13 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that President & CEO John Gingerich will be taking a temporary leave of absence for medical reasons. He is expected to be on leave for a period of up to four months. During this time, John will stay involved in the direction of the Company and will maintain all responsibilities as Director of the Company to the extent pr

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Advanced Explorations Inc. Engages ICBC International Capital Limited as Financial Advisor 0

TORONTO, ONTARIO — (Marketwire) — 03/05/13 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that it has engaged ICBC International Capital Limited ("ICBCI") as its lead financial advisor in Hong Kong for the purpose of the Proposed Capital Financing (as defined below). AEI has engaged ICBCI to assist its preparation for a valuation, based on the valuation report to be issued by relevant third party indepen

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Advanced Explorations Provides Update on the LNG Power Generation Option at Roche Bay 0

TORONTO, ONTARIO — (Marketwire) — 03/01/13 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today provided an update on its plans to implement alternative power solutions as part of its Roche Bay development plan. The unique coastal location of the Roche Bay project affords the Company the opportunity to utilize a turnkey, modular LNG power and distribution solution with the potential to reduce both AEI-s associated capital require

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Advanced Explorations Signs MOU with Logistec Stevedoring Inc. 0

TORONTO, ONTARIO — (Marketwire) — 02/18/13 — Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company" or "AEI") today announced that it has signed a Memorandum of Understanding (MOU) with Logistec Stevedoring Inc. ("Logistec") for the further development of AEI-s shipping concept, terminal, and marine services. Logistec and AEI will work jointly on the development and operation of the terminal facility with its related infrastructure servici

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Advanced Explorations Inc. Announces Infrastructure Support Initiatives 0

TORONTO, ONTARIO — (Marketwire) — 02/05/13 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced its involvement in formal negotiations with three independent companies in respect to partnership on the development of key Roche Bay infrastructure. The primary focus of these negotiations is to engage in joint venture and/or long-term purchase and supply agreements such to reduce up front capital expenditures (Capex) and to

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Advanced Explorations Inc. Moves Forward With Restructuring of Its Iron Ore Holdings 0

TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that in furtherance to its press release of February 18, 2012 and following recent discussions with its Board and XinXing Ductile Iron Pipes Group Co. Ltd. ("XDIP") that it plans to transfer its Roche Bay iron ore assets into a holding company that will be 100% held by Advanced Explorations Inc. The Company has rese

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Advanced Explorations Inc. Completes Initial Stage of Tuktu 2 Framework Agreement 0

TORONTO, ONTARIO — (Marketwire) — 12/17/12 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that it has completed a summary report on its Tuktu 2 Iron Project (the "Report") located 60 km north of its flagship Roche Bay Iron Project. The Report, which was compiled in consultation with APEX Geoscience Ltd., has now been submitted to XinXing Pipes Group Co. Ltd. ("XDIP") for comment and review purs

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Advanced Explorations- Tuktu 2 Iron Project Drill Results Confirm Potential for High Grade Iron 0

TORONTO, ONTARIO — (Marketwire) — 11/26/12 — Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company" or "AEI") today announced encouraging results from the recently completed 2012 drill campaign at its Tuktu 2 Iron Project located 60 km north of the Roche Bay Iron Project on the Melville Peninsula in Nunavut, Canada.This drill program was launched to validate the existence of very high grade iron mineralization typical of deposits containing Direct S

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Advanced Explorations Inc. Completes $5,000,000 Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 11/02/12 — Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6)(the "Company") announced today that it has completed its previously announced $5,000,000 convertible debenture private placement with XinXing Ductile Iron Pipes Co. Ltd. ("XDIP"). In connection with the Framework Agreement entered into between the Company and XDIP, as described in the Company-s August 21, 2012 press release, the Company has issued to XDIP a $5,000,0

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