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Category : Stocks, World News
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PR Newswire
VANCOUVER, Feb. 28, 2013
VANCOUVER, Feb. 28, 2013 /PRNewswire/ – Fire River Gold Corp. (TSXV: FAU),
(OTCQX: FVGCF), (FSE: FWR) (the “Company” or “Fire River”) is pleased
to announce results from its November and December 2012 underground
diamond drilling program (Figure 1 and 2) at its wholly owned Nixon
Fork Gold Project in Alaska.
Category : Stocks, World News
November 8, 2012 Vancouver, Canada – Fire River Gold Corp. (TSXV: FAU), (OTCQX: FVGCF), (FSE: FWR) (the “Company” or “Fire River”) is pleased to announce the appointment of David Fox to the Board of Directors.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
David Fox is the President of Fox Collins Securities Inc., a Toronto based securities firm providing capital raising and financial advisory services.
Category : Stocks, World News
Material Change Report – 51-102F3< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Item 1
Category : Stocks
October 3, 2012 Vancouver, Canada – Fire River Gold Corp. (TSXV: FAU), (OTCQX: FVGCF), (FSE: FWR) (the “Company”) is pleased to announce that Mr. Kenneth Stowe and Mr. Jacques McMullen have been appointed directors of the Company in place of R. David Russell and M. Christine Melian who have resigned. Mr. Stowe will also act as Chairman of the Board for the Company. Mr. Paul Dyer has been appointed Chief Financial Officer of the Company in place of Mr. Brent Timmons. The Board of Directors would like to thank Mr. Russell, Ms. Melian and Mr. Timmons for their contributions to the Company and wishes them well in their future endeavours.
Mr. Stowe joins us with over 35 years of mining industry experience. Most recently, he was President and Chief Executive Officer of Northgate Minerals Corporation from September 1999 to July 2011. He was the recipient of the Canadian Mineral Processor of the Year Award in 2006.
Mr. McMullen has over thirty years of industrial experience. He has held numerous operating and corporate positions in mining which have involved him internationally with cross-functional expertise applied to operations, feasibility studies, evaluations, project development and start-ups. He has held various positions with Barrick Gold Corp. including, Senior Vice President of Technical Services and Vice President of Metallurgy and Process Development. Mr. McMullen graduated in 1977 from Laval University (Quebec, Canada) with a degree in Metallurgical Engineering; subsequently, he completed a Master’s Degree in Mineral Processing.
Mr. Dyer has over 18 years of experience in the mining industry including controller at the Carson Hill Mine for Carson Hill Gold Corp., U.S. corporate controller for Western Mining Corp. of Australia, controller at the Jerritt Canyon Mine for Queenstake Resources, controller at the start-up of the Mineral Ridge Project for Scorpio Gold US and controller for the El Quevar project in Salta, Argentina for Golden Minerals Company.
Mr. Blane Wilson, President and CEO of Fire River Gold Corp. commented “Everyone here at Fire River Gold gives a warm welcome to Ken, Jacque and Paul. We look forward to their leadership and expertise to collaborate with our team, as we rapidly advance the Nixon Fork mine”.
The Company also announces the granting of 3,786,636 stock options at an exercise price of $0.11 per share to certain directors, officers, employees and consultants of the Company. All options have a term of five years and shall vest in accordance with the policies of the TSX Venture Exchange. The options are granted pursuant to the Company’s fixed stock option plan (the “Plan”). The aggregate number of shares reserved for issuance under the Plan which may be made subject to Options at any time and from time to time shall not exceed 10,244,237 shares.
About Fire River Gold:
Fire River Gold Corp.’s flagship property is the wholly owned Nixon Fork Gold Mine located in the resource rich Tintina Gold Belt. Operations at Nixon Fork commenced in July 2011, with a near term production target of 30,000 oz gold by end of 2012, and projecting an increase to 35,000 to 40,000 oz gold per year in 2013. The Nixon Fork Mine is a past producing mine with a high grade production history, and a low capital requirement due to pre-existing infrastructure. The Nixon Fork Mine is operated by Mystery Creek Resources, a wholly owned subsidiary of Fire River Gold Corp. based in Anchorage, Alaska. The mine operates year-round producing both gold concentrate and dor
Category : World News
September 4, 2012 Vancouver, Canada — Fire River Gold Corp. (the “Company”) [TSXV: FAU | OTCQX: FVGCF | FSE: FWR] announces that it has closed the second tranche of its previously announced brokered private placement financing (the “Offering”). The Company issued 16,602,709 Units at a price of $0.065 per Unit for aggregate gross proceeds of $1,079,176.09. Each Unit consists of one common share (“Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the purchaser to subscribe for one additional common share (a “Warrant Share”) at an exercise price $0.10 per Warrant Share for a period of five years. BayFront Capital Partners Ltd. (“BayFront”) acted as agent in connection with the Offering. The Company paid BayFront, and the selling group, an aggregate of $86,334.09 and issued 1,328,216 compensation options (each, a “Compensation Option”) as commission in connection with the Offering. Each Compensation Option is exercisable into one Unit at a price of $0.065 for a period of five years. The use of proceeds of the Offering will be used for the further development of the Company’s Nixon Fork mine and for working capital and general working capital. All Common Shares, Warrants, and Compensation Options, carry a four-month hold period restricting them from trading until January 1, 2013. About Fire River Gold Fire River Gold Corp. is Alaska’s newest gold producer, with a projected 30,000 ounces per year of gold to be produced on its wholly owned Nixon Fork Gold Mine located in the resource rich Tintina Gold Belt. Operations started in July 2011, with a near term production target of 30,000 oz/Au by end of year 2012, projecting an increase to 40,000 oz/Au per year in 2013, ramping up to a projected 50,000 ounces in 2014. This year-round mine program is producing both concentrate and dor
Fri, Jun 29, 2012 09:09 – Fire River Gold Corp. (FVGCF: OTC Link) released their Quarterly Report concerning Quarterly Report – Q2 Ended April 30, 2011. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=85282.
Read the original here: Fire River Gold Corp. (FVGCF: OTC Link) | Quarterly Report
Category : Stocks, World News
June 29, 2012 Vancouver, Canada – Fire River Gold Corp. [TSXV: FAU | OTCQX: FVGCF | FSE: FWR] (the “Company”) today announced it has entered into an amendment agreement dated June 22, 2012 (the “Amendment Agreement”) with Waterton Global Value, L.P. (“Waterton”) pursuant to which it has amended the terms of the Senior Secured Gold Stream Credit Agreement dated March 30, 2012 (the “Credit Facility”) between the Company and Waterton. Under the terms of the Amendment Agreement, Waterton has agreed to increase the Credit Facility by making available to the Company, $1,500,000 (the “Additional Facility”) as a single advance and non-revolving loan. The principal amount of the Additional Facility is to be repaid by the Company on the earlier of (i) the date on which the Company closes its next equity offering of its common shares, and (ii) August 1, 2012. As part of the Additional Facility, the Company paid Waterton a two percent (2%) cash structuring fee and will issue 2,250,000 share purchase warrants (“Warrants”) to Waterton, at an exercise price of $0.10 per Warrant and the Warrants will expire three years from the date of issue. The Warrants are subject to a four month hold period in accordance with applicable Canadian securities laws. All other terms of the Credit Facility as disclosed in press releases dated April 4, 2012 and April 23, 2012 remain in effect.
The foregoing is subject to TSX Venture Exchange approval.
On behalf of the board of directors.
Category : Stocks, World News
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June 25, 2012 Vancouver, Canada – Fire River Gold Corp. [TSXV: FAU | OTCQX: FVGCF | FSE: FWR] (the “Company”) today announced that it has accepted the resignations of the following individuals, effective immediately: Richard Goodwin, President and director, Timothy Smith, Vice President and Chief Operating Officer and Board members, Linda Holmes and C. Douglas Lang. R. David Russell, the Company’s Non-Executive Chairman, reports, “We would like to thank Mr. Goodwin and Mr. Smith for their contribution to the Nixon Fork Mine. We also want to thank Ms. Holmes and Mr. Lang for their support to the Board of Directors and wish each of them well in their future endeavours.” The Board of Directors is expected to appoint a new President and Chief Executive Officer this week, followed by several company updates. On behalf of the Board of Directors,
Richard Goodwin
Certain information regarding the Company including management’s assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour. |
Here is the original post: Fire River Gold Corp. (FVGCF: OTC Link) | Fire River Gold Corp. Accepts Resignations of Senior Management and Board Members
Category : World News
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May 14, 2012 Vancouver, Canada – Fire River Gold Corp. and Mystery Creek Resources Inc. (collectively, the “Company”) [TSXV: FAU | OTCQX: FVGCF | FSE: FWR] is pleased to announce that it has appointed Maria Christine Melian as a director of the Company. Ms. Melian has over 19 years of experience in banking and finance. She currently holds the position of Chief Financial Officer of Central Asian Minerals and Resources plc (“CAMAR”), a gold production and exploration company located in Central Asia. Previous to her position at CAMAR, Ms. Melian was responsible for Fund Management / Investment Strategy at P. Zihlmann Investment Management AG (The Timeless Precious Metal Fund / The Sierra Madre Gold & Silver Venture Capital Fund) and previous to that she held various positions with Credit Suisse, Merck & Co. Inc. and BT&T Asset Management AG. Ms. Melian has a B.A. in Modern Languages and has completed graduate studies in Philology and Business in the United States and Switzerland. Mr. Richard Goodwin, the Company’s President, reports “We are very pleased to have Christine Melian join our Board of Directors. Ms. Melian’s expertise in finance and experience in the mining industry will further strengthen our Board as we continue to grow the Company and advance the Nixon Fork Mine into full production.” In connection with the above, the Company has granted 250,000 share options to Maria Christine Melian. The options have an exercise price of $0.15 per share and are exercisable up to May 14, 2017. On behalf of the Board of Directors,
Richard Goodwin
Certain information regarding the Company including management’s assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour. |
More here: Fire River Gold Corp. (FVGCF: OTC Link) | Fire River Gold Corp. Appoints New Director
Category : World News
March 20, 2012 Vancouver, Canada – Fire River Gold Corp. and Mystery Creek Resources Inc. (The Company) [TSX.V: FAU| OTCQX: FVGCF| FSE: FWR] is pleased to announce the completion of the CIL (Carbon in Leach) circuit construction. Commissioning is currently underway with assistance from Xstrata Process Support and Kappes, Cassiday & Associates. All supplies for the leaching circuit, including activated carbon and cyanide are currently on site. The five leach tanks are full of tailings slurry from mining operations. The reagents, including cyanide to start the leaching process, are scheduled for addition to the tanks before the end of this week. With the operation of the CIL circuit, ore recovery will increase to +90% from the current 70%. Dor