Toronto, Ontario--(Newsfile Corp. - February 7, 2020) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that, further to its press release of January 30, 2020, it has completed the sale of its 5% net smelter return royalty (the "Royalty") on the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company received the initial cash payment of $2,500,000 from Copper Mountain Mine (BC) Ltd. and a promissory note in the amount of $2,500,000, representing the balance of the $5,000,000 purchase price, which is due on February 1, 2021. ...
Toronto, Ontario--(Newsfile Corp. - January 31, 2020) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that it has entered into a royalty purchase and assignment agreement with Copper Mountain Mine (BC) Ltd., a subsidiary of Copper Mountain Mining Corporation ("Copper Mountain"), for the sale of the Company's 5% net smelter return royalty (the "Royalty") on Copper Mountain's 75% owned Copper Mountain mine located in southern British Columbia near the town of Princeton.Under the terms of the agreement Copper Mountain will pay the Company cash consideration of $5,000,...
Toronto, Ontario--(Newsfile Corp. - November 8, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that further to its press release dated October 16, 2019, announcing a proposed private placement (the "Offering") of up to 25,000,000 units ("Units") of the Company, it has completed a first tranche of the Offering consisting of 12,500,000 Units at a price of $0.05 per Unit for gross proceeds of $625,000. Each Unit is comprised of one common share (a "Common Share") and one-half of one Common Share purchase warrant and entitles the holder thereof to acquire a Commo...
Toronto, Ontario--(Newsfile Corp. - October 21, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that Mr. John Doran has resigned from the board of directors of the Company. The Company would like to thank Mr. Doran for his years of service to the Company and wish his success in his future endeavours. To fill the vacancy created by Mr. Doran's resignation, the Company is pleased to announce the appointment of Mr. Maurice Colson, a former director and officer of the Company, to the board of directors and his appointment as Non-Executive Chairman of the board o...
Toronto, Ontario--(Newsfile Corp. - October 16, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces the retirement of Mr. James Brady, President and Chief Executive Officer and director of the Company effective immediately. The Company is pleased to report that Mr. Fred Leigh will succeed Mr. Brady as President and Chief Executive Officer and will also join the board of directors of the Company, effective immediately.Mr. Leigh has been involved in the investment industry for over 35 years and has had a significant role as a founder, director and/or investor in n...
DGAP-News: Hornby Bay Mineral Exploration Ltd. / Key word(s): Miscellaneous Hornby Bay Announces Grant of Stock Options 29.01.2019 / 22:45 The issuer is solely responsible for the content of this announcement. Toronto, Ontario--(Newsfile Corp. - January 29, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the 'Company') announces that it has granted an aggregate of 3,000,000 options to purchase common shares of the Company exercisable at a price of $0.05 per share for a period of 5 years to directors, officers, consultants and employees of the Company. The common shares issuabl...
Toronto, Ontario--(Newsfile Corp. - January 29, 2019) - Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the "Company") announces that it has granted an aggregate of 3,000,000 options to purchase common shares of the Company exercisable at a price of $0.05 per share for a period of 5 years to directors, officers, consultants and employees of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.FOR FURTHER INFORMATION, PLEASE CONTACT:Chris Irwin, SecretaryTel: (416) 361-2516Neither the TSX Venture Exchange ...
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