|Bid||0.4700 x N/A|
|Ask||0.4800 x N/A|
|Day's Range||0.4650 - 0.4850|
|52 Week Range||0.2000 - 0.6300|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 07, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.17|
TORONTO , June 16, 2020 /CNW/ - RNC Minerals ("RNC" or the "Corporation") (RNX.TO) is pleased to announce that effective Wednesday, June 17, 2020 , the Corporation's common shares and warrants will commence trading on the Toronto Stock Exchange (the "TSX") under the Corporation's new name, Karora Resources Inc., and its new trading symbols "KRR" and "KRR.WT", respectively. As described in RNC's management information circular dated May 8, 2020 available through its SEDAR profile at www.sedar.com, the Corporation believes that the new name more accurately reflects its business focus on growing gold production in Western Australia – the Fraser Institutes top ranked mining jurisdiction for investment worldwide in 2019.
TORONTO , June 11, 2020 /CNW/ - RNC Minerals ("RNC") (RNX.TO) is pleased to announce the voting results of its annual meeting of shareholders held today in Toronto . The nominee directors listed in RNC's management information circular dated May 8, 2020 were elected as directors. The resolution to reappoint PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Corporation to hold office until the next annual meeting of shareholders and to authorize the directors to fix the remuneration to be paid to the auditors was approved by 99.8% of the votes cast on the resolution.
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,394.36, up 158.15 points.)Baytex Energy Corp. (TSX:BTE). Energy. Up 15 cents, or 34.09 per cent, to 59 cents on 16.2 million shares.Suncor Energy Inc. (TSX:SU). Energy. Up 88 cents, or 3.69 per cent, to $24.73 on 13.7 million shares.Royal Nickel Corp. (TSX:RNX). Materials. Down one cent, or 1.89 per cent, to 52 cents on 9.8 million shares.HEXO Corp. (TSX:HEXO). Health care. Down five cents, or 5.38 per cent, to 88 cents on 9 million shares.BlackBerry Ltd. (TSX:BB). Technology. Up 57 cents, or 8.55 per cent, to $7.24 on 7.4 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Down half a cent, or 1.11 per cent, to 44.5 cents on 6.9 million shares.Companies in the news:BCE Inc. (TSX:BCE). x. Huawei Technologies Inc.'s ambitions to be a player in Canada's 5G network took a major hit Tuesday as two of the country's three largest telecom companies announced partnerships with the Chinese tech giant's European rivals. Bell Canada announced Tuesday morning that Sweden-based Ericsson will be its second supplier of the radio access network equipment that has been Huawei's main product line in Canada since entering the market in 2008. Later in the day, Telus Corp. announced that it had also selected Ericsson, as well of Nokia of Finland, as suppliers for its 5G networks. Air Canada (TSX:AC). X. Air Canada has raised $1.59 billion from share and debt offerings intended to offset some of the carrier's losses from the COVID-19 pandemic. The company said Tuesday it sold 35.4 million voting shares at $16.25 apiece for gross proceeds of $575.6 million. It also issued $1.02 billion in convertible senior unsecured notes due in 2025, well above its initial plan for about $540 million. The financing proceeds help to bolster Air Canada's liquidity after confinement measures and border shutdowns "destroyed demand and depleted cash," chief financial officer Michael Rousseau said in a release.Molson Coors Beverage Co. (TSX:TPX.B). x. Molson Coors Beverage Co. will eliminate about 190 temporary and permanent jobs in Quebec by the end of 2021 following its move to a new brewery complex south of Montreal. The company told employees Tuesday that the more automated facility being built in Longueuil will have new technologies that will improve its efficiency. Molson says 87 permanent and 101 temporary employees will be affected over the next 20 months. Teamsters union spokesman Stephane Lacroix says workers are in limbo because several details about the plant's restructuring still have to be clarified.This report by The Canadian Press was first published June 2, 2020.The Canadian Press
ISS is a prominent, third party proxy advisory firm who, among other services, provides proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders. RNC previously announced that Glass Lewis, a leading independent third party proxy advisory firm, recommended that RNC shareholders vote FOR all proposals that are outlined in RNC's Circular (see RNC news release dated May 22, 2020).
Glass Lewis is a leading independent, third party proxy advisory firm that, among other services, provides proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders. In order to mitigate risks to the health and safety of our shareholders, employees and other stakeholders associated with the COVID-19 pandemic, this shareholders meeting will be held in a virtual format only and conducted via live webcast.
Summary Paleochannel Project The paleochannel project is an integral component of HGO's expected Life of Mine Plan , with drilling to date focused on two priority areas within the paleochannel system ...
If you're interested in Royal Nickel Corporation (TSE:RNX), then you might want to consider its beta (a measure of...
TORONTO , May 11, 2020 /CNW/ - Royal Nickel Corporation dba. RNC Minerals (TSX: RNX) ("RNC" or the "Company") is pleased to announce it has reached an agreement with Morgan Stanley ...
RNC Minerals ("RNC" or the "Company") (RNX.TO) is pleased to announce that it has entered into a purchase agreement to acquire the Spargos Reward Gold Project, which contains a historical JORC1 (2012) Mineral Resource Estimate of 112,000 oz (785,800 tonnes @ 4.4 g/t) indicated resource and 19,000 oz (151,000 tonnes @ 4.0 g/t) inferred resource,2 as detailed in Table 1 below. Note: A qualified person has not done sufficient work on behalf of RNC to classify the historical estimate noted in Table 1 below as current mineral resources or mineral reserves, and RNC is not treating the historical estimates as current mineral resources or mineral reserves.
RNC Delivers Strong First Quarter Financial and Operating Performance, Continuing to Reduce Costs and Bolster the Balance Sheet, Reiterates 2020 Guidance
RNC Minerals ("RNC" or the "Company") (RNX.TO) is pleased to announce senior management will host a conference call / webcast on May 7, 2020 at 10:00 a.m. (Eastern Time) to discuss the corporation's first quarter 2020 results. RNC plans to issue a news release containing first quarter 2020 results before markets open on Thursday, May 7, 2020 .
RNC Minerals ("RNC" or the "Company") (RNX.TO) is pleased to announce strong consolidated gold production of 24,816 gold ounces for the first quarter of 2020 from its Beta Hunt and Higginsville mines in Western Australia . RNC's consolidated cash balance increased to $38.4 million as at March 31, 2020 , an 11% increase from $34.7 million on December 31, 2019 . As of March 31, 2020 , approximately 5,500 ounces remain in the hedge book put in place in connection with the June 2019 Higginsville acquisition and financing, which will be depleted during Q2 2020.
RNC Minerals ("RNC" or the "Company") (TSX:RNX.TO - News) announced today that it has received the approval of the Toronto Stock Exchange (the "TSX") for a normal course issuer bid (the "Bid") to purchase up to no more than 30,415,198 of its issued and outstanding common shares (the "Common Shares"). Purchases under the Bid may commence on April 17, 2020. The Bid will expire no later than April 16, 2021.
Royal Nickel Corporation (TSE:RNX) shareholders should be happy to see the share price up 12% in the last week. But...
RNC will host a call/webcast on March 26, 2020 at 10:00 a.m. (Eastern Time) to discuss the fourth quarter results. North American callers please dial: 1-888-231-8191, international callers please dial: ...
A task force at our Australian operations, led by Graeme Sloan , Managing Director, Australian Operations, has been established to ensure our operating sites remain as prepared and responsive to this evolving situation as possible. With respect to operations, our 2020 production guidance of 90-95 koz and AISC1 guidance of US$1,050 - US$1,200 /oz remains unchanged.
Barry is a seasoned CFO in the mining sector, with over 30 years of accounting and finance experience. Barry and I spent five years together building Klondex Mines Ltd. I am very excited to be able to leverage his experience in the mining sector, and specifically with a growing gold producer, at RNC Minerals.
RNC Minerals Announces New Visible Gold Discovery at Surface and High Grade Intersections Revealed by Ongoing Review of Historic Higginsville Database; Recent RNC Drilling Extends Boundaries of Deposits ...
RNC Minerals Announces Filing of NI 43-101 Technical Report for Previously Announced Beta Hunt Gold Mineral Reserve
A recent high density gravity survey has delineated a new geological structure at the Company's Higginsville Operations ("HGO"). The new structure extends for approximately 5 km, and runs sub-parallel to the major regional Zuleika, Speedway and Boulder Lefroy shears which controls the bulk of the gold mineralisation between the Golden Mile (60 Mozs).and Norseman (6 Mozs) mining centres. The new structure is located 5 km north of the previously mined 1.0 Moz Trident underground mine and the HGO mill.