Highlights The Company has successfully completed a US$12 million Placement, issuing 28.6 million shares at a price of US$0.42 per share The Placement was completed at a 28 % premium to the closing share price The Company received strong demand for the Placement from both International and Australian Institutional Investors Proceeds from the [...]
Matador Mining Ltd. is pleased to announce that Phase One of the Company's high-resolution, heli-mag geophysics program is nearing completion at the Cape Ray Gold Project . Phase One of the program targeted 40 kilometres of strike within the central part of the Project which includes all of the Company's existing Mineral Resources and the majority [...]
Matador Mining Ltd. is pleased to announce it has increased its landholding in Newfoundland by 37% to 750km2 following a major strategic review of the ground around its current tenements as well as prospects within the broader region. Highlights Matador has increased its holding in Newfoundland by 278km2 or 37% to a total of 750km2 This follows a [...]
Matador Mining Ltd. is pleased to announce that it has commenced a development study to assess the potential for gold production at its 100% owned Cape Ray Project in Newfoundland, Canada. With a substantial Indicated Mineral Resource and significant progress being made with environmental approvals, Cape Ray represents a development opportunity [...]
Benton Resources is pleased to announce that it has completed the sale of its 80% interest in the Cape Ray Gold project to Matador Mining of Western Australia. Under the purchase agreement Benton received a total of A$3.25 million and 8,000,000 common shares of Matador based on an underlying value of A$0.25/share for a total consideration of A$5.25 [...]
