|Bid||0.115 x 0|
|Ask||0.120 x 0|
|Day's Range||0.1150 - 0.1200|
|52 Week Range||0.1100 - 0.2800|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
7AZ1:FRA) just announced that its phase 2 resource expansion plan designed to extend mine life at its flagship Copperstone Mine in Arizona will begin in mid-January. Company mentioned: Kerr Mines Inc.
Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce that the Phase II Resource Expansion Program will begin mid- January, 2019 at the Copperstone Mine located in Arizona, USA. In addition, Kerr is progressing with environmental and operating permit modifications and continuing with advanced metallurgical testwork. Major Drilling Group International Inc. (“Major”) has been awarded the contract and is preparing to commence with drilling.
TORONTO, Dec. 21, 2018 -- Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce that shareholders voted in favour of all.
Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) announces that it has closed a non-brokered private placement raising gross proceeds of $2,973,517 (the “Offering”). Furthermore, the Company has closed the US$2 million (CDN $2.7 million) senior secured convertible note financing with Sprott Private Resource Lending (Collector) LP previously announced on November 6, 2018 (the “Note”). “We have taken another very important step forward in the execution of our strategy and development plans for the Copperstone Mine. This financing will allow the Company to commence a resource expansion program and complete key elements of progressing the Copperstone Mine back into production,” stated Claudio Ciavarella, Kerr’s Chief Executive Officer.
Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce it has received investment committee approval from and executed a term sheet with Sprott Private Resource Lending (Collector) LP (“Sprott”), setting out the indicative terms upon which Sprott is prepared, subject to certain conditions including satisfactory due diligence, to provide up to US$25 million of senior secured project financing (the “Financing Package”) to fund the development and production of gold at the Copperstone Mine.