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Tag "canaco-resources-inc"

Canaco Shareholders Approve Acquisition of Shark Minerals Inc. and Spinout of East Africa Metals Inc. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/28/13 — Canaco Resources Inc. ("Canaco" or the "Company") (TSX VENTURE: CAN) is pleased to announce that at a special meeting of shareholders (the "Meeting") held on Thursday, March 28, 2013, the shareholders of the Company approved the previously announced acquisition by Canaco of all of the outstanding common shares of Shark Minerals Inc. ("Shark Minerals") in exchange for common shares of Canaco (the

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Canaco Announces Departure of Dave Sinitsin, VP Project Development 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/02/13 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") announces as of December 31, 2012, Dave Sinitsin, Vice President Project Development, is no longer with the Company.Canaco President and CEO Andrew Lee Smith said: "We thank Dave for his many contributions during his time here and wish him well in his future endeavours."About CanacoCanaco is a Vancouver-based mineral exploration company f

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Canaco Announces Voting Results from Annual Meeting 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") announces voting results from its Annual and Special Meeting of Shareholders held today in Vancouver, BC.A total of 102.1 million common shares representing 51.1% of the Company-s issued and outstanding common shares were voted in connection with the meeting. Shareholders voted in favour of all items of business, including election of each director

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Canaco Agrees to Acquire Shark Minerals, Spin-Out Its Tanzanian Assets and Make Changes to Board and Management 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/17/12 — (All figures in Canadian dollars)Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") today announced it has entered into a binding share purchase agreement (the "Share Purchase Agreement") dated December 14, 2012 whereby Canaco is expected to acquire all of the outstanding common shares of Shark Minerals Inc. ("Shark") in exchange for common shares of Canaco (the "Shark Acqui

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Brian Lock Resigns from Canaco Board of Directors 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/14/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") today announces Brian Lock has resigned from the Company-s Board of Directors, effective immediately, citing personal circumstances.About CanacoCanaco is a Vancouver-based mineral exploration company focused on advanced exploration projects in Africa. The Company has $90 million cash and no debt. Canaco-s shares trade on the TSX Venture Exchange un

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Canaco Receives Mining License for Portion of Magambazi 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/20/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") announces it has received a key mining license from the Tanzanian government for a portion of the Company-s Magambazi project in Tanzania.Pursuant to receipt of the Environmental Impact Assessment (EIA) certificate for the Handeni property in September 2012, four primary mining licenses (PMLs) related to the Magambazi portion of the Handeni propert

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Canaco Announces All Remaining Drill Results at Handeni 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/20/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to provide all remaining drill results from the Handeni project, including diamond drilling at Magambazi and both diamond and reverse circulation (RC) drilling at regional targets within the Handeni project area.The diamond drill results, which include 38 new holes and updates to one previously reported hole, were not included in the ini

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Canaco Reports Preliminary Indications of 90-98% Metallurgical Recovery of Gold at Handeni 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/29/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to provide an update on the comprehensive metallurgical test work program for its Handeni project in Tanzania. This work will provide key input information to the upcoming Magambazi preliminary economic assessment, planned for completion by the end of the third quarter of 2012.G&T Metallurgical Services continue to execute the ongoin

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Canaco Reports Additional Drill Results from Magambazi-43.4 Metres at 5.37 Grams Per Tonne Gold, Including 19.6 Metres at 9.37 Grams Per Tonne Gold 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/13/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to announce results from 16 new drill holes at the Magambazi gold project in Tanzania. Priority infill and extension drilling has been completed at Magambazi and the initial mineral resource estimate is on track for completion by the end of Q1. Additional drilling at Magambazi is contingent on results from ongoing geological model review

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Canaco Drills 35.0 Metres at 6.45 Grams Per Tonne Gold in the Western Lodes and 55.3 Metres at 3.19 Grams Per Tonne Gold on the Magambazi Main Lode 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/14/11 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to announce new assay results from diamond drilling at the Magambazi gold discovery on the Company-s Handeni project in Tanzania.Canaco continues extensive delineation drilling at Magambazi, with significant additional infill and extension intercepts as highlighted below. Two additional diamond drill rigs have been added to the program,

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