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Metalcorp Limited (V:MTC)

Business Focus: N/A

May 01, 2023 09:00 am ET
Donald Sheldon Announces Acquisition of Additional MetalCorp Shares
Toronto, Ontario--(Newsfile Corp. - May 1, 2023) - Mr. Donald A. Sheldon announces that on April 28, 2023 he acquired ownership of or control over an additional aggregate of 4,809,610 common shares (the "Common Shares") in the capital of MetalCorp Limited (TSXV: MTC)  ("MetalCorp" or the "Issuer") at a price of $0.025 per Common Share representing (a) 3,809,610 Common Shares returned by the Issuer to an entity controlled by Mr. Sheldon and corresponding to that number of Common Shares borrowed by the Issuer from Mr. Sheldon and entities controlled by him pursuant to share loan agreements entered into in October 2013 and November 2019, as amended on March 21, 2023, and (b) 1,000,000 Common Shares as compensation to Mr. Sheldon for director services rendered to MetalCorp over the past ten years (from January 1, 2013 to December 31, 2022).
Mar 21, 2023 11:41 pm ET
MetalCorp Announces Proposed Issuances of Common Shares
Thunder Bay, Ontario--(Newsfile Corp. - March 21, 2023) - MetalCorp Limited (TSXV: MTC) ("MetalCorp" or the "Company") announces that it proposes to carry out the following share issuances:
Mar 06, 2023 06:35 am ET
Palladium One and MetalCorp enter into Definitive Agreement for a Business Combination
Toronto, Ontario--(Newsfile Corp. - March 6, 2023) - Palladium One Mining Inc.  (TSXV: PDM) (FSE: 7N11) (OTC: NKORF) ("Palladium One" or "PDM") and MetalCorp Limited ("MetalCorp" or "MTC") (TSXV: MTC) are pleased to announce a definitive agreement (the "Arrangement Agreement") for a business combination to be completed under a plan of arrangement. Palladium One has agreed pursuant to the Arrangement Agreement to acquire all of the issued and outstanding shares of MetalCorp by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction"). Pursuant to the Transaction, MetalCorp shareholders ("MTC Shareholders") will receive, in exchange for each common share in the capital of MetalCorp (a "MTC Share") held, 0.30 (the "Exchange Ratio") of a common share in the capital of Palladium One (each whole share, a "PDM Share"). The Exchange Ratio implies a purchase price of C$0.026 per MTC Share, or gross consideration of C$3.3 million. The number of PDM shares to be issued on completion of the Transaction is approximately 38,703,051. Existing shareholders of PDM will hold approximately 88% of PDM immediately following completion of the Transaction, and the former MTC Shareholders will hold approximately 12% immediately following completion of the Transaction.
Mar 06, 2023 06:30 am ET
Palladium One and MetalCorp Enter into Definitive Agreement for a Business Combination
Toronto, Ontario--(Newsfile Corp. - March 6, 2023) - Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") and MetalCorp Limited (TSXV: MTC) ("MetalCorp" or "MTC") are pleased to announce a definitive agreement (the "Arrangement Agreement") for a business combination to be completed under a plan of arrangement. Palladium One has agreed pursuant to the Arrangement Agreement to acquire all of the issued and outstanding shares of MetalCorp by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction"). Pursuant to the Transaction, MetalCorp shareholders ("MTC Shareholders") will receive, in exchange for each common share in the capital of MetalCorp (a "MTC Share") held, 0.30 (the "Exchange Ratio") of a common share in the capital of Palladium One (each whole share, a "PDM Share"). The Exchange Ratio implies a purchase price of C$0.026 per MTC Share, or gross consideration of C$3.3 million. The number of PDM shares to be issued on completion of the Transaction is approximately 38,703,051. Existing shareholders of PDM will hold approximately 88% of PDM immediately following completion of the Transaction, and the former MTC Shareholders will hold approximately 12% immediately following completion of the Transaction.
Mar 03, 2023 05:26 pm ET
MetalCorp Provides Additional Information Regarding AGM
Thunder Bay, Ontario--(Newsfile Corp. - March 3, 2023) - MetalCorp Limited (TSXV: MTC) ("MetalCorp" or the "Company") provides the following additional information relating to the annual and special meeting of shareholders of the Company (the "AGM") called for Friday, March 10, 2023.
May 04, 2022 05:42 pm ET
MetalCorp Announces Positive Results of Drilling at Red Lake Property
Thunder Bay, Ontario--(Newsfile Corp. - May 4, 2022) - MetalCorp Limited (TSXV: MTC) ("MetalCorp", "MTC" or the "Company") is pleased to provide an update on its new exploration program on the Black Bear Property, located near Red Lake, Ontario. The Black Bear property is located on the East Bay Deformation Zone corridor to the northeast of the Evolution Mining Rubicon/McFinley project, on the same trend that extends along the northeast axis.
Nov 26, 2021 07:43 am ET
MetalCorp Announces Update and Notice of Force Majeure from Barrick Gold on Hemlo East Property
MetalCorp Limited (“MetalCorp”) (TSXV – MTC) announces that Barrick Gold Inc. (“Barrick”) has reported that its activities under its Earn-In Agreement in respect of MetalCorp’s Hemlo East Property have centered around obtaining an exploration...
Nov 20, 2020 07:30 am ET
MetalCorp Announces Earn-In Agreement with Barrick Gold on MetalCorp’s Hemlo East Property
MetalCorp Limited (“MetalCorp”) (TSXV – MTC) is pleased to announce that it has entered into an earn-in agreement (the “Earn-In Agreement”) with Barrick Gold Inc. (“Barrick”), a wholly-owned subsidiary of Barrick Gold Corporation, relating to...
Sep 22, 2020 04:31 pm ET
Pierre Gagné, Chris Dougherty and Donald Sheldon Announce Acquisition of Additional MetalCorp Securities
Mr. Pierre Gagné, Mr. Chris Dougherty and Mr. Donald Sheldon announce that on September 18, 2020 Mr. Gagné acquired ownership of or control over an additional 6,048,350 common shares (each, a “Common Share”) in the capital of MetalCorp Limited...
Aug 03, 2017 04:50 pm ET
MetalCorp Starts Drilling Program at Polymetallic North Rock
THUNDER BAY, Ontario, Aug. 03, 2017 (GLOBE NEWSWIRE) -- MetalCorp Limited (“MetalCorp”, “MTC” or the “Company”) (TSXV:MTC) is pleased to announce that it has started drilling in its previously announced exploration program at its polymetallic North Rock Project near Fort Frances in northwestern Ontario (see News Release dated June 29, 2017).  The exploration program is planned to be comprised of six drill holes (aggregating up to 2,000 meters) in the Beaver Pond, East Zone and Belacoma zones.  The program is designed to test for additional occurrences of cobalt, platinum/palladium, copper an...
Jun 29, 2017 04:25 pm ET
MetalCorp Plans Exploration Program at North Rock
MetalCorp Limited ("MetalCorp", "MTC" or the "Company") (TSX VENTURE:MTC) is pleased to announce its plans for an exploration program at its North Rock Project near Fort Frances in northwestern Ontario. The program comprises six drill holes...
Jun 29, 2017 04:25 pm ET
MetalCorp Plans Exploration Program at North Rock
MetalCorp Limited ("MetalCorp", "MTC" or the "Company") (TSX VENTURE: MTC) is pleased to announce its plans for an exploration program at its North Rock Project near Fort Frances in northwestern Ontario. The program comprises six drill holes (2,000 meters) in the Beaver Pond, East Zone and Belacoma zones. The program is designed to test for additional occurrences of platinum/palladium and cobalt. The Company expects to start drilling within the next upcoming weeks.
Feb 01, 2017 09:51 am ET
MetalCorp Signs Option Agreement with Golden Peak Minerals for Hemlo East Property West of the White River
MetalCorp Limited ("MetalCorp") (TSX VENTURE: MTC) is pleased to announce that it has signed an agreement with Golden Peak Minerals Inc. (TSX VENTURE: GP)(OTC PINK: GPKMF) ("Golden Peak") granting Golden Peak an option to earn a 100% interest in 32 mineral exploration claims west of the White River, between Barrick Gold's Hemlo Mines and the White River near Marathon, Ontario. The agreement is subject to TSXV acceptance.
Feb 01, 2017 09:51 am ET
MetalCorp Signs Option Agreement with Golden Peak Minerals for Hemlo East Property West of the White River
MetalCorp Limited ("MetalCorp") (TSX VENTURE:MTC) is pleased to announce that it has signed an agreement with Golden Peak Minerals Inc. (TSX VENTURE:GP)(OTC PINK:GPKMF) ("Golden Peak") granting Golden Peak an option to earn a 100% interest in...
Feb 01, 2017 09:42 am ET
IIROC Trading Resumption - GP; MTC
VANCOUVER, Feb. 1, 2017 /CNW/ - Trading resumes in:
Feb 01, 2017 09:38 am ET
IIROC Trading Halt - GP, MTC
VANCOUVER, Feb. 1, 2017 /CNW/ - The following issues have been halted by IIROC: