Northern Vertex Mining Corp. , announces that Kenneth Berry will step down as President and Chief Executive Officer of Northern Vertex Mining Corp., effective February 25, 2021. Mr. Berry will remain a director of the Company. Mr. Berry's duties will be assumed by the Chairman and Director, Douglas J. Hurst along with Michael G. Allen who will be [...]
Northern Vertex Mining has acquired Eclipse Gold Mining, creating a well-funded gold producer and consolidator, operating entirely in the Western United States. As at February 12, 2021, the combined entity had a cash balance of approximately US$18.7 million. Kenneth Berry, President and CEO of Northern Vertex, commented, "We have created a powerful [...]
Eclipse Gold Mining Corp. and Northern Vertex Mining Corp. are pleased to announce that Eclipse has received a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement between Eclipse and Northern Vertex pursuant to which Northern Vertex will acquire all of the issued and outstanding common [...]
Northern Vertex Mining Corp. is pleased to announce revenue of $23.4 million and production of 12,401 gold equivalent ounces for the quarter ended December 31, 2020 from the Company's 100% owned Moss Gold Mine in NW Arizona. Gold equivalent production is calculated at realized gold and silver prices for the quarter of $1,888 and $24.66 [...]
Eclipse Gold Mining Corp. and Northern Vertex Mining Corp. are pleased to announce that, further to the companies' press release dated December 7th, 2020 and the Eclipse press release dated December 15th, 2020, Eclipse has successfully closed its previously announced private placement, issuing 45,119,000 subscription receipts at a price of C$0.50 [...]
Northern Vertex Mining Corp. reports that the Company has settled a contract with the prior open pit mining contractor at the Moss mine. Golden Vertex Corp., the Company's wholly-owned subsidiary, has entered into an agreement and mutual release on December 23, 2020 with M.C. Donegan, a contractor that provided drilling and blasting services to [...]
Eclipse Gold Mining Corp. and Northern Vertex Mining Corp. are pleased to announce that, further to the companies' press release dated December 7, 2020 and the Eclipse press release dated December 15, 2020, Eclipse has successfully completed the book build for its previously announced private placement of subscription receipts in the amount of C$20 [...]
Northern Vertex Mining Corp. is pleased to announce the repayment of US$11.7 million in debt in 2020 and the exercise of 19.5 million warrants for proceeds to the Company of C$7.8 million. The Company has significantly improved its financial position and capital structure as set out below : $10.1 million cash on hand at December 14, 2020, up from [...]
Highlights: 15.25 meters @ 3.35 g/t gold and 23.09 g/t silver within 33.55 meters @ 1.83 g/t gold and 13.49 g/t silver in hole AR20-350R 1.5 meters @ 8.74 g/t gold and 80.10 g/t silver in hole AR20-322R, which is 183 meters east of AR20-350R 3.0 meters @ 3.82 g/t gold and 56.0 g/t silver in hole AR20-321R, which is 457 meters east of AR20-350R [...]
Northern Vertex Mining and Eclipse Gold Mining are pleased to announce that they have entered into a definitive arrangement agreement to combine in an at-market merger, creating a new gold growth resource business focused on USA. Northern Vertex will be the resulting company with offices in the US and Canada. Transaction Highlights Concurrent "best [...]
CONVERSION RIGHTS WAIVED, US$8.5 MILLION CONVERTIBLE DEBENTURE REPAID Northern Vertex Mining Corp. is pleased to announce that it has repaid in full on the maturity date of December 1, 2020 the principal amount of US$8,500,000 , together with all accrued and unpaid interest payable thereunder, of the unsecured subordinated convertible debenture of [...]
Northern Vertex Mining Corp. is pleased to announce record production of 14,673 gold equivalent ounces, record revenue of $26.8 million and record adjusted EBITDA of $13.5 million for the quarter ended September 30 from the Company's 100% owned Moss Gold Mine in NW Arizona. All figures are expressed in U.S. dollars unless otherwise noted, non-IFRS [...]