MONTREAL, QUEBEC — (Marketwired) — 10/15/14 — MDN Inc. (TSX: MDN) (the "Company") is pleased to report that it has identified multiple exploration targets on its wholly-owned Samaqua property north of Girardville in the Saguenay-Lac-Saint-Jean region of Quebec, Canada. The Company announced the start of an exploration program on the property on August 19, 2014.The three targets identified consist of:The geophysics program consisted of a spectrometry survey, a time-domain electroma
MONTREAL, QUEBEC — (Marketwired) — 10/06/14 — MDN Inc. (TSX: MDN) (the "Company") is pleased to announce to its shareholders that it positively welcomes the change of partner in the Crevier project. Following the announcement of the sale of Niobec Inc. to a group of companies led by Magris Resources Inc., after the closing of the transaction, Niobec–s share of 27.5% in Crevier Minerals Inc. will be transferred to the new consortium.On October 3rd, Iamgold announced that it had re
MONTREAL, QUEBEC — (Marketwired) — 11/15/13 — MDN Inc. ("MDN") (TSX: MDN) reports to its shareholders that African Barrick Gold plc (ABG), the project operator at the Tulawaka gold mine in Tanzania has reached an agreement with STAMICO, the Tanzanian State Mining Corporation, whereby STAMICO will acquire the Tulawaka Gold Mine ("Tulawaka") and certain exploration licenses surrounding Tulawaka for consideration of US$4.5 million and the grant of a 2% net smelter royalty o
Production increased from 4,000 to 6,000 tonnes of ore per day.
MONTREAL, QUEBEC — (Marketwired) — 10/15/13 — MDN Inc. ("MDN")(TSX: MDN) is pleased to announce the signature of a letter of intent with Tanzania Minerals Corporation ("TZM"), pursuant to which MDN is granting an option to TZM to acquire a 50% undivided interest in its interest in the prospecting licences of the Ikungu property to TZM. The Ikungu property covers 17.9 km2 and lies 17 km southwest of Musoma and 135 km northeast of Mwanza, Tanzania-s second largest city.To
MONTREAL, QUEBEC — (Marketwired) — 08/09/13 — MDN Inc. (TSX: MDN) ("MDN") is pleased to announce its financial results for the second quarter ended June 30st, 2013. The interim financial report and management discussion and analysis will be posted on Monday August 12th, on the Company-s website () and on SEDAR ().A net loss of $ 405,299 or $ 0.004 per share was recorded for the three month period ended June 30, 2013, compared to a net loss of $ 583,820 or $ 0.006$ per share for th
MONTREAL, QUEBEC — (Marketwired) — 06/04/13 — MDN Inc. ("MDN") (TSX: MDN) announces that, at the annual meeting of shareholders held on May 31, 2013, each of the 6 nominees listed in the Management Information Circular dated May 2, 2013 where elected as directors of the Corporation.Based on the proxies received and the votes on a show of hands, the following individuals were elected as directors of the Corporation until the next annual shareholders- meeting. Accordingly, the resul
MONTREAL, QUEBEC — (Marketwired) — 05/15/13 — MDN Inc. ("MDN") (TSX: MDN)reports that it has notified Metalinvest Capital Corporation ("Metalinvest") that it has terminated the agreement signed on February 25, 2013, between MDN and Metalinvest for the financing of an exploration program on the Ikungu project in Tanzania.Following the creation in March of a management committee consisting of two representatives each of MDN and Metalinvest, a US $3 million work program was
MONTREAL, QUEBEC — (Marketwired) — 05/10/13 — MDN Inc. ("MDN") (TSX: MDN) is pleased to announce its financial results for the first quarter ended March 31st, 2013. The interim financial report and management discussion and analysis will be posted on Monday May 13th, on the Company-s website () and on SEDAR ().A net loss of $ 499,757 or $ 0.005 per share was recorded for the first quarter of 2013, compared to a net loss of $ 1.6 million or $ 0.016$ per share for the same period in
MONTREAL, QUEBEC — (Marketwired) — 04/26/13 — April 26, 2013 – MDN Inc. ("MDN") (TSX: MDN) reports that it has received a request from Metalinvest Capital Corporation ("Metalinvest") for an extension to May 13, 2013, for the transfer to MDN-s account of the funds required to start the initial exploration program on the Ikungu property in Tanzania. MDN has granted Metalinvest the extension. On February 25, 2013, MDN announced the signature of an agreement with Metalinvest
