MDN is pleased to announce that it has received the amount of 784,893,170 Tanzanian shilling, or approximately 545,000 Canadian dollars, following the settlement of a dispute with the Tanzanian Revenue Authority. Since the summer of 2013, the TRA was retaining an amount in sales tax receivable of the Company. The Company had immediately notified [...]
MDN is pleased to announce that it has entered into two option agreements dated February 13 for the acquisition of 100% interest in two properties located in the Thunder Bay Mining Division, 45 kilometers north-west of Marathon known as the Prairie Lake Property and Prairie Lake South Property. (i) The Company has the option to acquire an interest [...]
MDN wishes to make an update on the exploration activities on its wholly-owned Samaqua property. As planned and mentioned in the December 15th company press release, the drilling works has commenced on Samaqua. A minimum of eight holes will be drilled for a total of 1,500m on the previously identified targets. The targets were selected following [...]
MDN wishes to make an update on the exploration activities on its wholly-owned Samaqua property. As mentioned in the October 15th company press release, the high definition magnetic survey analysis revealed the presence of several targets of interest. The Company also completed an induced-polarization ground geophysical survey in November which [...]
MDN is pleased to report that it has identified multiple exploration targets on its wholly-owned Samaqua property north of Girardville in the Saguenay-Lac-Saint-Jean region of Quebec, Canada. The Company announced the start of an exploration program on the property on August 19, 2014.
MDN is pleased to announce to its shareholders that it positively welcomes the change of partner in the Crevier project. Following the announcement of the sale of Niobec Inc. to a group of companies led by Magris Resources Inc., after the closing of the transaction, Niobec's share of 27.5% in Crevier Minerals Inc. will be transferred to the new [...]
MONTREAL, QUEBEC--(Marketwired - Aug 19, 2014) - MDN Inc. (TSX:MDN) (the "Company") is pleased to confirm the start of the previously announced exploration program on its wholly-owned Samaqua property. The property is located north of Girardville in the Saguenay-Lac-Saint-Jean region of Quebec, Canada, next to the niobium and tantalum Crevier [...]
MONTREAL, QUEBEC--(Marketwired - Jul 15, 2014) - MDN Inc. (TSX:MDN) (the "Company") has completed a private placement by issuing a total of 7,363,464 units at a price of 5.5 cents per unit and 5,066,825 flow-through shares at 7.5 cents per share, for total proceeds of $785,000. The securities issued in the private placement are subject to a [...]
MDN is pleased to inform its shareholders and the financial community that it is about to start an exploration program on its wholly-owned Samaqua property. The property is located north of Girardville in the Saguenay-Lac-Saint-Jean region of Québe, close to the Crevier project. Work will consist of a helicopter-borne geophysical survey and an induced polarization ground survey on a circular anomaly. MDN plans to carry out about 1,500 metres of drilling on the target once the geophysical surveys are complete. The goal of the exploration program is to confirm the presence of a carbonatite or an alkaline system with the potential to host niobium/tantalum mineralization. ... [...]
MDN is pleased to announce the appointment of Mr. Jean-Sébastien David and Mr. Claude Dufresne as directors of the company. Born in the Saguenay-Lac-St-Jean region, Mr. David held the position of Chief Operating Officer of Arianne Phosphate , a company working on the development of the mining project Lac au Paul in the Saguenay region. Before joining Arianne Phosphate, Mr. David was Vice President Sustainable Development of Osisko Mining (2007-2012) where he was instrumental in obtaining the authorizations for the construction and the development of the Canadian Malartic Project. His experience with Arianne Phosphate ... [...]
MDN reports that it has completed the interpretation of 2013 field work done on the Ikungu East property. The mapping, prospecting and ground magnetic survey reveal that the volcanic belt discovered by MDN in 2012 is indeed the extension eastward of the Ikungu project, futhermore soil geochemistry surveys identify two areas where soils are enriched [...]
MDN is pleased to announce the appointment of Mr. Claude Dufresne as President and CEO effective today. Seasoned professional recognized worldwide for its expertise in the niobium market, Mr. Dufresne was responsible for the sales and marketing of ferro- niobium produced by the Niobec mine from 2001 to 2012. He also developed a knowledge and [...]
