Macarthur Minerals Ltd. is pleased to announce the appointment of New York based portfolio manager Andrew Suckling to the Board of Directors as a Non-Executive Director, subject to TSX-V approval and the retirement of David Lenigas. Mr. Suckling is Non-Executive Chairman of the Board of Cadence Minerals PLC, one of Macarthur’s largest [...]
Macarthur Minerals Ltd. is pleased to announce, that further to the announcement of March 19, 2019, that a subsidiary of Glencore plc has agreed to participate in the US$6 million secured Convertible Note on a private placement basis for US$2 million. Glencore’s participation in this financing, strengthens the life-of-mine long-term strategic [...]
Macarthur Minerals Ltd. is pleased to announce that further to the announcement of March 19, 2019, Exception Capital LLP has agreed to participate in the US$6 million secured Convertible Note on a private placement basis for US$1 million. Cameron McCall, Executive Chairman of Macarthur Minerals commented; “Macarthur is delighted for Exception [...]
Macarthur Minerals Ltd. is pleased to announce that Macarthur Lithium Pty Ltd , a wholly owned subsidiary of Macarthur has entered into an exclusive option agreement with Fe Ltd. , for FEL to acquire an interest of up to 75% in the tenements listed at Schedule 1 The Project includes 19 tenements highly prospective for gold, copper and lithium in [...]
Macarthur Minerals Ltd. announces that it has extended the closing of its non-brokered private placement offering of up to US$6 million of secured Convertible Note as announced on March 19, 2019, until June 2, 2019. Cameron McCall, Executive Chairman of Macarthur Minerals commented; “Macarthur has been in detailed negotiations with [...]
Macarthur Minerals Ltd. is pleased to announce that it has engaged Orbit Drilling Pty Ltd to commence an infill drill program at its Moonshine Magnetite Project at Lake Giles in the Yilgarn region of Western Australia. Figure 1. Location of planned drill holes at Moonshine and Moonshine North magnetite deposits. Highlights The Company has [...]
Macarthur Minerals Ltd. is pleased to announce that Mr. Cameron McCall, Executive Chairman has exercised stock options to purchase 530,000 common shares in the capital of the Company at an exercise price of $0.05 per Common Share. Following the transaction, Mr. McCall holds a total of 4,039,804 Common Shares with one voting right per Common Share [...]
Macarthur Minerals Ltd. is pleased to provide an update to Shareholders outlining an active and significant first quarter 2019 in the ongoing development of the Company’s iron ore projects and exploration activities across the lithium, gold, nickel and cobalt projects in Western Australia and Nevada, USA. FIRST QUARTER HIGHLIGHTS Opened an up [...]
Macarthur Minerals Ltd. is pleased to announce that it has partnered with Australian freight haulage company Aurizon to finalise a rail haulage contract for its Lake Giles Moonshine Magnetite Project in the Yilgarn region of Western Australia. This news follows the Company’s recent announcement that it has signed a binding Life-of-Mine [...]
Macarthur Minerals Ltd. announces that, as a result of a review by the Investment Industry Regulatory Organization of Canada, the Company is issuing the following news release to clarify certain statements in the Company’s news release dated March 21, 2019 entitled “Macarthur Minerals Signs 10 Year Iron Ore Off-Take Agreement for the [...]
Macarthur Minerals Ltd. is pleased to announce that it has entered into a binding Life-of-Mine Off-Take Agreement with Glencore International A.G. for sale of iron ore to be produced from the Lake Giles Iron Project at Lake Giles in the Yilgarn region of Western Australia from the commencement of commercial production. Cameron McCall, Executive [...]
Macarthur Minerals Ltd. is pleased to announce the issuance of a private placement offering of up to US$6 million of secured Convertible Note . The proceeds from the offering will be used to complete a Bankable Feasibility Study on Macarthur’s Moonshine Magnetite and Ularring Hematite iron ore deposits in Western Australia. The BFS will [...]