back to homepage

Tag "vulcan-minerals-inc"

Vulcan Minerals Inc.-Update 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 11/29/12 — Vulcan Minerals Inc. ("the Company" – "Vulcan") (TSX VENTURE: VUL) announces that Investcan Energy Corporation (Investcan) has spudded a well on the Flat Bay petroleum property, Permit 03-106, in the Bay St. George basin in western Newfoundland. Vulcan owns a 2% gross overriding royalty on the permit.The Company also announces that it has relinquished its minority working interests in the Parsons Pond petr

Read More

Vulcan Minerals Inc.: Amended Distribution Record Date 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 08/07/12 — Vulcan Minerals Inc. ("the Company" – "Vulcan") (TSX VENTURE: VUL) wishes to announce that further to the news release dated July 30, 2012, that after discussions with the TSX Venture Exchange, the record date for the distribution by the Company of one share of Red Moon Potash Inc. ("Red Moon") for every 3.835 shares held in Vulcan has been changed from August 7, 2012 to August 15, 2012 ("th

Read More

Vulcan Minerals Inc.: Update on Red Moon Transaction 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 06/22/12 — Vulcan Minerals Inc. ("the Company") (TSX VENTURE: VUL) announces that as a result of certain amendments to the proposed spinout of its wholly owned subsidiary Red Moon Potash Inc. (Red Moon), the Company will seek further shareholder approval for the transaction at its upcoming Annual General Meeting set for July 25, 2012. The revised terms of the spinout are in response to the currently depressed equity markets an

Read More

Vulcan Minerals Inc. Closes Labrador Transaction 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 05/23/12 — Vulcan Minerals Inc. ("the Company") (TSX VENTURE: VUL) is pleased to announce that its previously announced transaction to sell 30% working interest in Exploration Licence EL 1107, offshore Labrador, to Investcan Energy Corporation has closed. The Company has received a cash payment of $1.75 million and the right to receive success payments of $500,000 on the spudding of a well on the licence or the sale by Investc

Read More

Vulcan Minerals Inc. Signs Definitive Sale Agreement for Offshore Labrador Interests 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 05/04/12 — Vulcan Minerals Inc. ("the Company")(TSX VENTURE: VUL) is pleased to announce that following upon a Term Sheet Agreement whereby the Company agreed to sell its 30% working interest in EL 1107 offshore Labrador, the Company and Investcan Energy Corporation, as purchaser, have finalized and signed a definitive purchase and sale agreement. Final closing is expected within 30 days subject to regulatory approval. As prev

Read More

Vulcan Minerals Inc.: Sells Offshore Labrador Interests 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 04/16/12 — Vulcan Minerals Inc. ("the Company")(TSX VENTURE: VUL) is pleased to announce that it has entered into a Term Sheet agreement with its partner Investcan Energy Corporation (Investcan) to sell its 30% working interest in exploration licence 1107 offshore Labrador for a cash payment of $1.75 million on closing and "success" payments of $500,000 upon the spudding of a well on the exploration licence or the sa

Read More

Vulcan Minerals Inc.: Corporate Update 0

ST JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 03/15/12 — Vulcan Minerals Inc. ("the Company") (TSX VENTURE: VUL) is pleased to provide the following update on its activities:Bay St. George Petroleum:Following upon a Term Sheet agreement whereby the Company will convert its working interest in the three onshore petroleum permits in western Newfoundland to a 2% royalty and a $2.5 million payment, the Company and Investcan Energy Corporation (Investcan) have finalized and sig

Read More

Vulcan Minerals Inc. Converts Working Interest in the Bay St. George Project to a Royalty Interest and Cash 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 02/03/12 — Vulcan Minerals Inc. ("the Company")(TSX VENTURE: VUL) is pleased to announce a transaction with Investcan Energy Corporation ("Investcan") regarding the Bay St. George petroleum project onshore western Newfoundland. Vulcan and Investcan each own a 50% working interest in the project with Vulcan as the operator. Pursuant to a term sheet agreement Investcan agrees to purchase Vulcan-s 50% working interest f

Read More

Vulcan Minerals Inc.: Approval of Plan of Arrangement 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 08/31/11 — Vulcan Minerals Inc. ("the Company")(TSX VENTURE: VUL) announces that unanimous approval to proceed with the Plan of Arrangement to spin out a new subsidiary company focussed on potash exploration and development was received today at the Company-s annual and special meeting of shareholders. The Company will distribute to the shareholders of Vulcan Minerals, one share of the newly spun out company, Red Moon Potash I

Read More

Vulcan Minerals to Spinout Red Moon Potash Inc. 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 08/09/11 — Vulcan Minerals Inc. (the "Company")(TSX VENTURE: VUL) is pleased to announce that the annual and special meeting of shareholders will take place on Wednesday, August 31, 2011 in St. John-s, Newfoundland at which time a special resolution will be voted upon to spinout certain of the Company-s mineral property assets into a new corporation pursuant to a plan of arrangement. The details of the plan of arrangement are

Read More