|Bid||0.0250 x 0|
|Ask||0.0300 x 0|
|Day's Range||0.0250 - 0.0300|
|52 Week Range||0.0200 - 0.0650|
|Beta (5Y Monthly)||0.25|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.07|
Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company”) is pleased to announce an extension of the maturity date for the repayment of outstanding indebtedness under its credit agreement dated May 20, 2019 as well as an extension of the deadline for the completion of its acquisition of the White Pine North Project. On May 20, 2019, the Company entered into a credit agreement with Greenstone Resources II LP, a significant shareholder of the Company, and Osisko Gold Royalties Ltd., for credit facilities of up to US$4,500,000 (the “Loan”).
Highland Copper Company Inc. (TSX-V: HI, OTCQB: HDRSF) (the “Company”) is pleased to announce that it has filed on SEDAR a technical report for the White Pine North Project prepared by independent qualified persons working for G Mining Services Inc. in accordance with Canadian Securities National Instrument 43-101 Standards of Disclosure for Mineral Properties (“NI 43-101”) and Form 43-101F1. The technical report entitled “Preliminary Economic Assessment, White Pine North Michigan, U.S.A.” is dated effective as of September 22, 2019. The report supports the disclosure made by the Company in its September 23, 2019 news release entitled “Highland Copper announces positive PEA results and mineral resource estimate for the White Pine North Copper Project in Michigan”.
Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (“Highland” or the “Company”) announces results of a preliminary economic assessment ("PEA") and a mineral resource estimate for the White Pine North Copper Project (the “Project”) located in the historical copper range district of the Upper Peninsula of Michigan, U.S.A. The PEA provides a base case assessment of mining the mineral resources of the White Pine Project. The PEA considers White Pine North as a stand-alone project and utilizes existing infrastructure to minimize initial capital expenditures.
Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company”) announces that the deadline to complete the acquisition of the White Pine project from Copper Range Company (“CRC”), a wholly owned subsidiary of First Quantum Minerals Ltd., has been extended to January 31, 2020. The final closing of the acquisition is subject to a number of conditions including releasing CRC from certain environmental obligations associated with the remediation and closure plan of the historical White Pine mine site and replacing the related environmental bond for an amount expected to be approximately US$1.7 million. The Company also announces that an independent preliminary economic assessment (“PEA”) of the viability of potentially mining the copper resources at White Pine is being completed by G Mining Services Inc. Results of the PEA should be available by mid-September.
Osisko Gold Royalties Ltd ("Osisko" or the "Company") (TSX & NYSE: OR) announces that it has completed the first tranche of the previously announced purchase for cancellation of a total of 12,385,717 common shares of Osisko (the "Share Repurchase") from Betelgeuse LLC ("Orion"), a jointly owned subsidiary of certain investment funds managed by Orion Resource Partners. As part of today’s closing, Osisko and Orion have closed the purchase for cancellation of 7,319,499 common shares of Osisko from Orion in exchange for certain equity securities of exploration and development companies currently held by Osisko, and cash resulting from the concurrent disposition on the date hereof of all of the shares of Dalradian Resources Inc. currently held by Osisko to another entity managed by Orion Resource Partners.
TORONTO, June 26, 2019 /CNW/ - Orion Mine Finance announced that on June 25, 2019, Betelgeuse LLC, a limited liability company managed by Orion Mine Finance Management I Limited (collectively, "Orion"), entered into a transaction agreement (the "Transaction Agreement") with Osisko Gold Royalties Ltd. ("Osisko") pursuant to which Orion agreed to purchase 74,420,434 common shares ("Common Shares") of Highland Copper Company Inc. (TSXV:HI.V - News) ("Highland Copper"). Immediately prior to entering into the Transaction Agreement, Orion held 67,250,000 Common Shares representing a securityholding percentage of approximately 14.22% (based on 472,933,689 Common Shares outstanding).
LONGUEUIL, Quebec, May 27, 2019 -- Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company”) is pleased to announce the closing of its previously announced US$4.5M.
Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company” or “Highland”) is pleased to announce the execution of a credit agreement with two of its significant shareholders, Greenstone Resources II LP ("Greenstone") and Osisko Gold Royalties Ltd (“Osisko”) (collectively, the "Lenders"). Under the terms of a credit agreement (the “Loan”), the Lenders have agreed to provide the Company with a loan of up to US$4.5M (the “Principal Amount”). The Loan will bear interest at a rate of twelve percent per annum, has a maturity date of nine months from the initial drawdown (the “Maturity Date”) and will be disbursed in a number of tranches pursuant to an approved budget.
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