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Tag "vaaldiam-mining-inc"

Vaaldiam Mining and BCKP Limited Announce Completion of Plan of Arrangement 0

TORONTO, ONTARIO — (Marketwire) — 06/29/12 — Vaaldiam Mining Inc. (TSX: VAA) ("Vaaldiam" or the "Company") and BCKP Limited ("BCKP") announce today the closing of the previously announced plan of arrangement (the "Arrangement"), pursuant to which BCKP acquired beneficial ownership of 71,634,711 common shares of Vaaldiam, representing 100% of the outstanding common shares of Vaaldiam, at a price of $0.2649292 for each common share of Vaaldiam.The Arran

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Vaaldiam Mining Announces Results of Shareholder Meeting 0

TORONTO, ONTARIO — (Marketwire) — 06/21/12 — Vaaldiam Mining Inc. (TSX: VAA) ("Vaaldiam" or the "Company") today announced that it has received shareholder approval of the previously announced plan of arrangement (the "Arrangement") with BCKP Limited (see press release dated April 19, 2012).The Company will now apply to the Ontario Superior Court of Justice (Commercial List) for a final order (the "Final Order") approving the Arrangement. The hearing

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Vaaldiam Reports 2012-Q1 Financial Results 0

TORONTO, ONTARIO — (Marketwire) — 05/03/12 — Vaaldiam Mining Inc. (-Vaaldiam- or the -Company-) (TSX: VAA) reports that, for the three months ended March 31, 2012, it has recorded a net loss of $614,000 or $0.01 per share compared to a net loss of $7,641,000 or $0.11 per share for the same period in 2011.Vaaldiam ended the period with cash of $3.7 million and working capital of $2.8 million. Vaaldiam also holds 10.6 million shares in Flemish Gold Corp. (-Flemish-), which is focused on the e

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Vaaldiam Reports 2011 Financial Results 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Vaaldiam Mining Inc. (-Vaaldiam- or the -Company-) (TSX: VAA) reports that, for the year ended December 31, 2011, it has recorded a net loss of $13,247,000 or $0.18 per share compared to a net loss of $6,973,000 or $0.10 per share for the same period in 2010.Vaaldiam ended the period with a cash position of $4.5 million and working capital of $3.2 million. Vaaldiam also holds 10.6 million shares in Flemish Gold Corp. (-Flemish-), which is focused

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Vaaldiam and Freegold Restructure Debt Payment 0

TORONTO, ONTARIO — (Marketwire) — 09/29/11 — Vaaldiam Mining Inc. (-Vaaldiam- or -the Company-) (TSX: VAA) reports that it has agreed with Freegold Ventures Limited (-Freegold-) (TSX: FVL) to restructure the payment of $854,973.68 owed by Freegold to Vaaldiam which was due to be repaid in full on October 1, 2011.Freegold will now pay Vaaldiam $250,000 on October 1, 2011 and the balance of the debt on November 30, 2011. The portion outstanding will continue to bear interest at an annual rate

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Vaaldiam Reports 2011-Q2 Financial Results 0

TORONTO, ONTARIO — (Marketwire) — 08/08/11 — Vaaldiam Mining Inc. (-Vaaldiam- or the -Company-) (TSX: VAA) reports that, for the three and six months ended June 30, 2011, it has recorded a net loss of $855,000 and $8,496,000 or $0.01 and $0.12 per share compared to net income of $711,000 and a net loss of $1,435,000 or net income per share of $0.01 and net loss per share of $0.02 for the same period in 2010.Vaaldiam ended the period with a cash position of $4.2 million and a working capital

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Vaaldiam Reduces Costs and Defers Brauna Payment 0

TORONTO, ONTARIO — (Marketwire) — 08/04/11 — Vaaldiam Mining Inc. ("Vaaldiam" or "the Company") (TSX: VAA) reports that it did not make the installment of US$1.5 million which became due today under the previously announced March 2011 agreement with its joint venture partners in the Brauna project under which the Company increased its interests in the Brauna project from 20% to 51%. Vaaldiam is in discussions with its partners to seek a mutually acceptable arrangement fo

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