Alexandria Announces an Amendment to Arrangement Agreement with Chantrell Ventures and Postponement of June 28 Alexandria Shareholders Meeting Chantrell’s Improved Offer Found to be Superior TORONTO, June 27, 2019 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation ("Alexandria") (TSXV: AZX; OTCQB: ALXDF: Frankfurt: A9D) announced today that it has entered into an amendment (the "Amendment") to the definitive arrangement agreement with Chantrell Ventures Corp. (NEX:CV.H) ("Chantrell") (the "Alexandria Arrangement Agreement") previously announced on May 14, 2019. Pursuant to the Alexandr...
Alexandria Announces Receipt of Superior Proposal from Agnico Eagle and Commencement of Matching Period with Chantrell Ventures TORONTO, June 13, 2019 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation ("Alexandria") (TSXV: AZX; OTCQB: ALXDF: Frankfurt: A9D) announced today that it has received an unsolicited offer from Agnico Eagle Mines Limited ("Agnico") pursuant to which Agnico would purchase all of the issued and outstanding common shares of Alexandria (“Alexandria Shares”) at the price of CAD$0.05 per Alexandria Share (the “Purchase Price”) pursuant to a plan of arrangement (the "A...
Toronto, Ontario--(Newsfile Corp. - April 15, 2019) - Eric Sprott announces that on April 13, 2019, 33,333,333 common share purchase warrants ("Warrants") of Alexandria Minerals Corporation (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in holdings of approximately 5.7% of the outstanding common shares on a partially diluted basis. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 33,333,333 common shares and 33,333,333 Warrants representing approximately 6.5% of the outstanding common shares on a...
Alexandria Announces Binding LOI to Sell Royalty Interests on Cadillac Break Property Group in Val d’Or, Quebec TORONTO, April 01, 2019 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) is pleased to announce that it has entered into a binding letter of intent (the “LOI”) to sell certain royalty interests on the Company’s Cadillac Break Property Group in Val d’Or, Quebec to an arm’s length third party for a cash purchase price of $801,000. The applicable royalty interests consist of a one percent (1%) net smelter return ...
1Q18/19 reveals negative surprise. AMOC is no longer able to sell its HFO output (50-55% of output volume) locally to the Ministry of Petroleum. Since its quality is subpar, the company mixed its HFO output with higher-value products to meet the export quality standards, undermining margins. AMOC’s 1Q18/19 EBITDA margin fell to 6% from c14% in 1Q17/18 and 15% in 4Q17/18. We cut our EBITDA margin estimates to 7-9%, which we believe is the new margin norm, from 15-18%. Cut to Neutral on higher co...
Alexandria Minerals Announces Appointment of Interim CEO And Stock Option Grants TORONTO, July 31, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) announces the appointment of current Director Walter Henry as the Company’s Interim Chief Executive Officer effective July 30, 2018. Peter Gundy, Chairman of the Board stated: “As we continue to move forward, Walter Henry, previously the Chair of the Special Committee is fully committed to executing our Board of Directors’ plan as it relates to the new corporate direc...
Alexandria Minerals Announces Stock Option Grants and Resignation of Director TORONTO, July 27, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) announces that it has made a grant of 1,000,000 stock options under its stock option plan to Mark Ashcroft in recognition of Mr. Ashcroft joining the board of directors of the Company on July 24, 2018. The Company also granted 750,000 stock options to its Chief Financial Officer and 100,000 options to an employee of the Company as part of the Company's regular review of c...
Alexandria Minerals Announces Voting Results of Special Meeting; Welcomes Mark Ashcroft to the Board TORONTO, July 24, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) is pleased to announce that all of management’s recommendations listed in the management information circular filed on June 14, 2018 were overwhelmingly approved at today’s special meeting of shareholders (the “Meeting”). Peter Gundy, Chairman of the Board stated: “We greatly appreciate the strong support we’ve received from our shareholders over th...
New Alexandria Minerals Letter Urges Shareholders to Vote the BLUE Proxy Today for a New Corporate Direction TORONTO, July 09, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) releases a new letter to shareholders outlining the events leading up to the termination of Eric Owens as the Company’s CEO, and warns against his self-interested attempt to take control of AZX. The Company’s Board of Directors urges shareholders to protect their investment by voting on management’s BLUE proxy or voting instruction form no ...
Alexandria Minerals Announces Support of Eric Sprott and Sprott Inc. for Alexandria’s Director Nominees, New Corporate Direction Early momentum for Alexandria’s director nominees continues to grow ahead of upcoming special meetingUrges shareholders to vote their BLUE proxy or VIF FOR Alexandria’s nominees to protect their investment by rejecting disgruntled ex-CEO’s attempt to take over company For assistance voting contact Kingsdale Advisors at 1-866-229-8214 or TORONTO, June 26, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” ...
Alexandria Minerals Files Proxy Circular and Releases Letter to Shareholders; Warns that Dissident Ex-CEO Puts Investment at Risk Outlines plan to optimize shareholder valueUrges shareholders to reject the dissident resolutions by voting today on the BLUE proxy as recommended by the BoardFor assistance voting contact Kingsdale Advisors at 1-866-229-8214 or TORONTO, June 14, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation’s (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) today filed its management information circular for the special meeting (the “Meeting”) o...
Alexandria Announces New Corporate Direction Exposes former CEO Eric Owens’ flawed drilling thesis and resultsTurns the page for investors with new corporate direction, including non-dilutive financings, re-focussing on core assets and new management team TORONTO, June 06, 2018 (GLOBE NEWSWIRE) -- Following the results announced today regarding the 2017 drilling plan at Alexandria Minerals Corporation’s (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the “Company”) Orenada project undertaken under the direction of former CEO, Eric Owens, who was terminated for cause, the Company is a...
Updated Resource Contains Approximately 194,500 oz Indicated at 1.61 g/t Gold and 126,300 oz Inferred at 1.89 g/t Gold from Orenada Zones 2 and 4 TORONTO, June 06, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“Alexandria” or the “Company”) is pleased to announce that the newly completed mineral resource estimate at Orenada comprises 3,754,000 tonnes of indicated mineral resources with an average grade of 1.61 grams of gold per tonne (“g/t Au”) for 194,522 ounces of contained gold and 2,079,000 tonnes of inferred mineral resources with...
Three Directors at Alexandria Minerals Corporation bought/subscribed to 68,255,128 shares at between 0.060CAD and 0.075CAD. The significance rating of the trade was 83/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades ...
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