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Tag "greencastle-resources-ltd"

Greencastle Options Zinc/Graphite Property to Deveron 0

TORONTO, ONTARIO — (Marketwired) — 10/29/14 — Greencastle Resources Ltd. (TSX VENTURE: VGN) ("Greencastle" or "the Company"), is pleased to report that the Company has entered into an option agreement with Deveron Resources Ltd. (TSX VENTURE: DVR) ("Deveron") relating to Greencastle–s Rockstone Zinc / Graphite property some 40 km west of Thunder Bay, in north-west Ontario.Under the terms of the Agreement, Deveron will pay total cash consideration of $150,000 a

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Greencastle Shareholders Approve All Matters at Special Meeting 0

TORONTO, ONTARIO — (Marketwired) — 10/24/13 — Greencastle Resources Ltd. (TSX VENTURE: VGN) ("Greencastle" or the "Company") is pleased to report that at the special meeting of holders of common shares of the Company held on October 23, 2013, the shareholders overwhelmingly approved a resolution adopting the shareholder rights plan of the Company and a special resolution reducing the stated capital attributable to the common shares of the Company and associated special d

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Greencastle Alberta Oil Lease Extension Approved 0

TORONTO, ONTARIO — (Marketwired) — 10/22/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) is pleased to report that Alberta-s Department of Energy has extended the term on the 640-acre petroleum and natural gas (P&NG) lease at Spirit River, NW Alberta, held 50-50 by Greencastle Resources Ltd. and its partner, Softrock Minerals Ltd., to June 11, 2015.Over the past few weeks, Tourmaline Oil Corp., through its operating subsidiary Exsh

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Greencastle Resources Ltd.: Unsolicited Offer by Zara Cease-Traded 0

TORONTO, ONTARIO — (Marketwired) — 09/16/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) is pleased to announce that the Quebec Bureau de Decision et de Revision has issued a cease-trade order against the unsolicited offer by Zara Resources Inc. ("Zara") to purchase all of the issued and outstanding common shares of Greencastle, Visible Gold Mines Inc. ("Visible") and Altai Resources Inc. ("Altai").The dec

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Greencastle Announces Adoption of Shareholder Rights Plan 0

TORONTO, ONTARIO — (Marketwired) — 09/09/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) would like to announce that its board of directors has approved the adoption of a Shareholder Rights Plan ("Rights Plan"). The Rights Plan is not intended to prevent the Zara offer or any other take-over bid. Rather, it is intended to provide Greencastle-s board of directors and shareholders adequate time to consider and evaluate the Zara

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Greencastle Provides Update on Unsolicited Offer 0

TORONTO, ONTARIO — (Marketwired) — 09/05/13 — Greencastle Resources Ltd. (TSX VENTURE: VGN) ("Greencastle" or the "Company") would like to remind shareholders that they should defer taking any action in respect of the offer from Zara Resources Inc. until shareholders have received further communication from the board of directors of Greencastle. Following a detailed review of the offer by a special committee, Greencastle will mail a directors- circular which will contain

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Greencastle Appoints Laurel Hill and Recommends Shareholders Take No Action 0

TORONTO, ONTARIO — (Marketwired) — 08/29/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) announces that it has retained Laurel Hill Advisory Group, one of Canada-s leading shareholder communications firms, to ensure Greencastle shareholders are fully advised with proper information in relation to the announcement by Zara Resources Inc. ("Zara") of its unsolicited offers to acquire all of the outstanding shares of Greencastle,

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Greencastle Reports New Target Areas at Jewel Ridge, Nevada 0

TORONTO, ONTARIO — (Marketwired) — 08/28/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) is pleased to report that Rainbow Resources Inc. ("Rainbow") has completed a comprehensive review of all available technical data associated with the Jewel Ridge property near Eureka, Nevada. This review resulted in several promising drill targets being identified on the property that Rainbow plans to follow up.Rainbow notes that a number

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Greencastle Reports Second Quarter Financial Results and Adoption of Advance Notice By-Law 0

TORONTO, ONTARIO — (Marketwired) — 08/22/13 — Greencastle Resources Ltd. (TSX VENTURE: VGN) ("Greencastle" or the "Company"), is pleased to provide the consolidated financial results for the Company for the period ended June 30, 2013 which have now been filed on SEDAR.As of June 30, 2013 total shareholder equity (assets less liabilities) was $5,823,930 ($0.13 / share) versus $6,085,967 ($0.13 / share) at December 31, 2012. Income declined from $256,656 to $160,325 for th

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Greencastle Responds to Unsolicited Offer 0

TORONTO, ONTARIO — (Marketwired) — 08/19/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) acknowledges the announcement made on August 19, 2013 by Zara Resources Inc. ("Zara") of its intention to make an unsolicited offer to purchase 100% of the issued share capital of Greencastle, Visible Gold Mines Inc. and Altai Resources Inc.As of the date of this news release, the Company has had no discussions with Zara and the Company h

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