Sprott Resource Holdings Inc. Clarifies Governance Structure In Advance of Upcoming Shareholders’ Meeting TORONTO, June 12, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI; SRHI.WT) today announces certain corporate governance clarifications on account of the review performed by Institutional Shareholder Services of the matters to be voted on at the upcoming annual and special meeting of shareholders of SRHI to be held on June 23, 2020 (the "Meeting"). The management information circular (the “Circular”) dated May 12, 2020 pertaining to this Mee...
Sprott Resource Holdings Inc. Reports 2020 First Quarter Results (all amounts expressed in US dollars) TORONTO, May 28, 2020 (GLOBE NEWSWIRE) -- (TSX: SRHI) - Sprott Resource Holdings Inc. ("SRHI" or the "Company") today announced its operating and financial results for the three months ended March 31, 2020. The Company's principal operating business is its 70% equity interest in the producing copper mine Minera Tres Valles ("MTV") in Salamanca, Chile. The Company's financial statements and management's discussion and analysis ("MD&A") are available at and . "COVID-19 and other events...
Sprott Resource Holdings Inc. Announces Update on Timing of Interim Financial Statements and MD&A TORONTO, May 14, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that, as a result of the logistics and delays caused by the COVID-19 pandemic, the Company will be relying on the general order of the Ontario Securities Commission (the “OSC”) made under Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (“OSC Instrument 51-502”), dated March 23, 2020, to postpone the filing of its interim financ...
Sprott Resource Holdings Inc. Announces Receipt of Notice of Listing Review from TSX TORONTO, May 13, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI; SRHI.WT) announces that the Toronto Stock Exchange (the “TSX”) has notified the Company that it is reviewing the eligibility of the Company’s securities for continued listing on the TSX pursuant to the requirements of the TSX Company Manual (the “Manual”). The Company is being reviewed under the TSX’s remedial review process and has been granted 120 days to comply with all requirements for co...
Sprott Resource Holdings Inc. Announces Termination of Management Services Agreement TORONTO, May 13, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that it has agreed to end its management services relationship with Sprott Consulting Limited Partnership (“SCLP”), a wholly-owned entity of Sprott Inc. and transition to establish an independent management team. The Company has entered into a Transitional Support Agreement (the “Agreement”) dated May 12, 2020 (and effective June 23, 2020) with SCLP pursuant to which the Managemen...
Sprott Resource Holdings Inc. Announces MTV Files For Creditor Protection in Chile TORONTO, May 12, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that Minera Tres Valles SpA (“MTV”), the Company’s 70% Chilean copper mining subsidiary, has commenced reorganization proceedings by filing a Judicial Restructuring Procedure (“JRP”) in Chile to seek protection from creditors to give MTV sufficient time to complete its refinancing efforts to allow for the completion of the construction of its underground mine. This is the equivalent ...
Sprott Resource Holdings Inc. Announces Disposition of Shares of Corsa Coal Corp. TORONTO, May 12, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI”) (TSX:SRHI) announced today that pursuant to a share purchase agreement entered into by Sev.en Met Coal Corp. and Sprott Resource Coal Holdings Corp. (“SRCHC”), a wholly owned subsidiary of SRHI, it disposed of 16,244,765 common shares of Corsa Coal Corp. (“Corsa”) (TSXV:CSO) at a price of $0.22 per share for aggregate gross proceeds of $3,573,848.30, subject to adjustment in certain circumstances where the purchaser acquires add...
Sprott Resource Holdings Inc. Announces Notice of Event of Default for MTV TORONTO, April 06, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that it has received written notice from the lenders of Minera Tres Valles SpA (“MTV”), the Company’s 70% Chilean copper mining subsidiary, that certain events of default have occurred and are continuing under the loan facility agreement (the “Agreement”) with MTV including (but not limited to) events of default under clauses 24.6 (Insolvency), 24.12 (Expropriation and Export Restrictions)...
Sprott Resource Holdings Inc. Postpones Annual General Meeting TORONTO, March 26, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that the annual general meeting (“AGM”) scheduled for May 13, 2020 is postponed as a consequence of the COVID-19 virus. A notice for a rescheduled AGM will be announced in due course for the holding of an AGM before the end of June 2020. About Sprott Resource Holdings Inc. SRHI is a publicly-listed diversified resource holding company focused on the natural resource industry. SRHI is currentl...
Sprott Resource Holdings Inc. Business Update and Reports 2019 Annual Results (all amounts expressed in US dollars) TORONTO, March 25, 2020 (GLOBE NEWSWIRE) -- (TSX: SRHI) - Sprott Resource Holdings Inc. ("SRHI" or the "Company") today announced its operating and financial results for the year ended December 31, 2019. The Company's principal operating business is its 70% equity interest in the producing copper mine Minera Tres Valles ("MTV") in Salamanca, Chile. The Company's financial statements and management's discussion and analysis ("MD&A") are available at and "The events curre...
Sprott Resource Holdings Inc. Provides Corporate Update on COVID-19 Impacts to Chilean Mining Operations TORONTO, March 23, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today provided an update relating to the COVID-19 related market uncertainty and an update on the immediate impact to the Company’s copper mining operations at Minera Tres Valles (“MTV”) located in Salamanca, Chile. “The constantly changing and escalating COVID-19 situation is unprecedented and for many is a time filled with uncertainty and concern,” said Michael Harriso...
Sprott Resource Holdings Inc. Provides Update on Strategic Review by Independent Board Members TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) provides an update on the strategic review by the Special Committee of the Board of Directors (the “Board”). On February 11, 2019, the Company announced that in consultation with its significant shareholders including Sprott Inc., the Board formed a Special Committee of the Board comprised of four Independent Directors and chaired by Terry Lyons, the Chairman of the Board. The Specia...
Sprott Resource Holdings Inc. Closes US$45 Million Financing Package for its Minera Tres Valles Mining Operation TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that it has closed the previously announced secured prepayment facility (“Facility”) provided to Minera Tres Valles (“MTV”) by Anglo American Marketing Limited (“AAML”) and a fund under the investment management of Kimura Capital LLP (“Kimura” and together with AAML, the “Lenders”) and the funds have been received to be utilized for the expansion of the...
Sprott Resource Holdings Inc. Secures US$45 Million Financing Package and Offtake for its Minera Tres Valles Mining Operation TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that it has signed the previously announced secured prepayment facility (“Facility”) and offtake agreement (“Offtake”) to be provided to Minera Tres Valles (“MTV”) by Anglo American Marketing Limited (“AAML”) and a fund under the investment management of Kimura Capital LLP (“Kimura” and together with AAML, the “Lenders”) to be utilized for ...
Sprott Resource Holdings Inc. Reports 2019 Third Quarter Results and Updates 2019 Guidance (all amounts expressed in US dollars) TORONTO, Nov. 11, 2019 (GLOBE NEWSWIRE) -- (TSX: SRHI) - Sprott Resource Holdings Inc. ("SRHI" or the "Company") today announced its operating and financial results for the three and nine months ended September 30, 2019. The Company's principal operating business is its 70% equity interest in the Chilean producing copper mine Minera Tres Valles ("MTV"). The Company's financial statements and management's discussion and analysis ("MD&A") are available at and ....
Sprott Resource Holdings Inc. Reports Non-Mining Related Incident at its Minera Tres Valles Mining Operation TORONTO, Nov. 03, 2019 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) (TSX: SRHI) today announced that a security incident occurred at the Minera Tres Valles (“MTV”) mine, the Company’s 70%-owned subsidiary. On the morning of November 3, 2019, a security guard contracted by MTV was investigating damage to a security gate in the mine’s Manquehua sector. There, within the mine’s property, the guard was confronted by several individuals not associated wi...
Sprott Resource Holdings Inc. Reports 2019 Second Quarter Results (all amounts expressed in US dollars) TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) -- (TSX: SRHI) - Sprott Resource Holdings Inc. ("SRHI" or the "Company") today announced its financial results for the three and six months ended June 30, 2019. The Company's principal operating business is its 70% equity interest in the Chilean producing copper mine Minera Tres Valles ("MTV"). The Company's financial statements and management's discussion and analysis ("MD&A") are available at and . "This was a capital intensive quarter for M...
Sprott Resource Holdings Inc. Announces US$45M Financing Package Includes Prepayment Facility and Offtake Agreement for its Minera Tres Valles Copper Project TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI” or the “Company”) and its 70% owned subsidiary Minera Tres Valles (“MTV”) are pleased to announce the execution of an investment committee (“IC”) approved mandate letter with Anglo American Marketing Limited (“AAML”) and a fund under the investment management of Kimura Capital LLP (“Kimura” and together with AAML, the “Lenders”), to provide a US$45 mil...
Sprott Resource Holdings Inc. Announces Holdings in Virginia Energy Resources Inc. TORONTO, July 08, 2019 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI”) announces that it beneficially owns and controls, indirectly 5,247,000 common shares (“Shares”) of Virginia Energy Resources Inc., representing approximately 9.2% of the outstanding Shares on a non-diluted basis. This press release is being issued pursuant to Canadian early warning requirements because the disposition of shares, as described below, has resulted in SRHI’s beneficial holdings of Shares to fall below 10% of the o...
Sprott Resource Holdings Inc. Announces Holdings in Virginia Energy Resources Inc. TORONTO, July 02, 2019 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI”) announces that it beneficially owns and controls, indirectly 6,535,000 common shares (“Shares”) of Virginia Energy Resources Inc., representing approximately 11.4% of the outstanding Shares on a non-diluted basis. This press release is being issued pursuant to Canadian early warning requirements because the disposition of shares, as described below, has resulted in SRHI’s beneficial holdings of Shares to decrease by more than ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.