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Tag "mag-copper-limited"

Mag Copper Limited Provides Update on Magusi Property 0

TORONTO, ONTARIO — (Marketwired) — 11/27/14 — Mag Copper Limited (the "Company") (CSE: QUE) announces that, as a result of a review by staff of the Ontario Securities Commission, it is clarifying certain of its disclosure. The Company previously disclosed estimates of project revenues and production costs from its Magusi and Fabie Bay properties at slides 14 and 15 on an investor presentation which was previously posted on the Company–s website. In addition, the investor presenta

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Mag Copper Limited Announces Oversubscription of Private Placement 0

TORONTO, ONTARIO — (Marketwired) — 11/18/13 — Mag Copper Limited (the "Company") (CNSX: QUE) announces that, its previously announced private placement offering of 10,000,000 units ("Unit") and flow-through units ("FT Units") at a price of $0.05 per Unit (see news release dated August 14, 2013) has been oversubscribed, resulting in the closing of an additional tranche for aggregate gross proceeds of $64,000 through the issuance of an additional 1,280,000 units

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Mag Copper Limited Completes Additional Tranche of Private Placement 0

TORONTO, ONTARIO — (Marketwired) — 11/12/13 — Mag Copper Limited (the "Company") (CNSX: QUE) is pleased to announce that it has closed on an additional tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $248,500 through the issuance of 4,970,000 units ("Units") at a price of $0.05 per Unit.Each Unit consists of one common share (a "Common Share") in the capital of the Company and one-half of one common share purch

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Mag Copper Announces Completion of Debt Settlement 0

TORONTO, ONTARIO — (Marketwired) — 10/16/13 — Mag Copper Limited ("Mag Copper" or the "Company") (CNSX: QUE) announces that it has settled an aggregate of $208,112 of indebtedness owed to certain arm-s length and non-arm-s length creditors through the issuance of 4,161,842 common shares at a deemed issuance price of CDN$0.05 per common share. The aggregate amount of indebtedness that has been settled was increased, to accommodate another arm-s length debtor, from the amo

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Mag Copper Announces Shares for Debt Settlement 0

TORONTO, ONTARIO — (Marketwired) — 10/09/13 — Mag Copper Limited ("Mag Copper" or the "Company") (CNSX: QUE) announces that it has agreed to settle an aggregate of $196,600 of indebtedness owed to certain arm-s length and non-arm-s length creditors through the issuance of 3,932,000 common shares at a deemed issuance price of Cdn.$0.05 per common share. All common shares issued in connection with the shares for debt transaction are subject to a four month statutory hold p

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Mag Copper Limited Completes First Tranche of Private Placement 0

TORONTO, ONTARIO — (Marketwired) — 09/04/13 — Mag Copper Limited (CNSX: QUE) (the "Company") is pleased to announce that it has closed on its first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $290,500 through the issuance of 2,860,000 units ("Units") at a price of $0.05 per Unit and 2,950,000 flow-through units ("FT Units") at a price of $0.05 per FT Unit.Each Unit consists of one common share (a "Comm

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Mag Copper Announces Bridge Financing 0

TORONTO, ONTARIO — (Marketwired) — 08/27/13 — Mag Copper Limited ("Mag Copper" or the "Company") (CNSX: QUE) announces that it has received a loan of $225,000 from Chris Irwin, President of the Company. Proceeds of the loan will be used to satisfy the arrangement fee payable to First Equity Bonds Holdings PTE Ltd. in connection with the convertible debentures to be issued by the Company, as described in the Company-s press release of August 6, 2013. The loan is payable o

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Mag Copper Announces Committment Letter to Insure US$15 Million Convertible Debentures 0

TORONTO, ONTARIO — (Marketwired) — 08/06/13 — Mag Copper Limited ("Mag Copper" or the "Company") (CNSX: QUE) announces that it has received a commitment letter from S.W. Taylor & Co. Brokers (Middle East) Ltd. to insure US$15 million principal amount convertible debentures. Management intends to use the proceeds of the offering to put the past producing Fabie Bay Mine (copper, zinc, gold and silver), located in Quebec Canada, back into production. In addition, the Co

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Mag Copper Grants Stock Options 0

TORONTO, ONTARIO — (Marketwired) — 05/14/13 — Mag Copper Limited ("Mag Copper" or the "Company") (CNSX: QUE) announces that it has granted an aggregate of 2,000,000 options to purchase common shares of the Company exercisable at a price of $0.05 per share and expiring on May 14, 2018, to certain directors, officers, employees and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original d

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Mag Copper Announces Sale of Massey Property 0

TORONTO, ONTARIO — (Marketwired) — 04/30/13 — Mag Copper Limited ("Mag Copper" or the "Company") (CNSX: QUE) announces that it has entered into an agreement of purchase and sale dated April 29, 2013, with 2207457 Ontario Inc., as purchaser, providing for the sale of Massey Copper Company Limited ("Massey Copper") for consideration of $200,000. Massey Copper is the beneficial owner of a 100% undivided legal and beneficial interest in 6 patented and 20 unpatented

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