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Tag "metanor-resources-inc"

Metanor Intersects 29.63 g/t Over 4.42m, 14.79 g/t Over 14.02m and 19.19 g/t Over 8.48m at Its Bachelor Project 0

VAL-D-OR, QUEBEC — (Marketwire) — 01/21/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current drilling program at its Bachelor project.Following the bulk sampling program of 5,000 tonnes in July (Refer to press release dated July 12th 2012), the company did significant progress in developing its underground infrastructure required to eventually begin its commercial production. In November 2012, the company began its long h

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Metanor Anticipates Operating Cash Flow Positive During February 0

VAL-D-OR, QUEBEC — (Marketwire) — 01/14/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current development of its Bachelor project.As a result of hiring new highly experienced underground miners from a recent mine closure in the Abitibi area, Metanor can now proceed to a step-up function in its ramp up schedule. It is estimated that the Company can accelerate its development by about 3 months thereby recovering some delays

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Metanor Closes Private Placement 0

VAL D-OR, QUEBEC — (Marketwire) — 12/27/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) has completed the private placement of 11,011,162 flow-through shares (the "Shares") priced at $0.24 each, for gross proceeds of $2,642,678 (the "Private Placement"). The Shares issued are subject to a 4 month and one day hold period. The proceeds will be used for exploration work on Metanor-s Quebec properties.Marquest Capital Markets and Casimir Capital Ltd., bo

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Metanor Produces 1,715 Oz in November vs 1,250 Oz in October at the Bachelor Project 0

VAL-D-OR, QUEBEC — (Marketwire) — 12/11/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current development of its Bachelor project.Metanor produced 1,715 ounces of gold in November, compared to 1,251 ounces in October, bringing the total production since the end of July to 6,157 ounces of gold.This can be attributed to the beginning of our production activities on level 12 and 13 in November.Since July, Metanor continues to

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Metanor Grants Stock Options 0

VAL-D-OR, QUEBEC, CANADA — (Marketwire) — 09/21/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) announces the granting of stock options to its employees, directors and officers under its Stock Option Plan.By resolution of the Board of directors dated of September 14, 2012, options regarding a total of 6,165,000 reserved shares were granted in favor of employees, directors and officers.Options regarding 155,000 reserved shares in favor of employees were cancelled. The ex

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Metanor Receives Approval for Commercial Production at the Bachelor Project 0

VAL-D-OR, QUEBEC, CANADA — (Marketwire) — 07/06/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to announce that it has obtained the environmental certificate of approval for commercial production, in accordance with article 164 of the Act on the quality of the environment.This certificate allows Metanor to process an initial 900,000 tonnes of gold ore from the Bachelor underground mine site. The Government authorization is accompanied by certain conditions a

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Metanor Resources Inc.: Granting of an Option 0

VAL-D-OR, QUEBEC — (Marketwire) — 08/08/11 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) announces the grant of a stock option under its Stock Option Plan.By resolution of the Board of directors dated of February 25, 2011, an option was granted in favour of an officer of Metanor. This option, for a total of 200,000 reserved shares at an exercise price of $0.32 per share, became effective on March 31, 2011, and was granted for a duration of 10 years.About MetanorMetanor i

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Metanor Resources Inc.: Results of Annual And Special Meeting of Shareholders 0

VAL-D-OR, QUEBEC, CANADA — (Marketwire) — 08/08/11 — NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES, OR DISSEMINATION IN THE UNITED STATESMetanor Resources Inc. (the "Corporation" or "Metanor") (TSX VENTURE: MTO) is pleased to announce that at its annual and special meeting of shareholders held in Val-d-Or on December 20, 2010, the shareholders proceeded with the election of Robert C. Bryce, Tristram Robert Coffin, Raymond Couture, Ghislain Morin, Ronald Perry and Serge

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