Canuc Resources and MacDonald Mines Exploration are pleased to announce the completion of the previously announced arrangement whereby Canuc has acquired all of the issued and outstanding shares of Macdonald Mines, subject to delivery of post-closing documentation to TSXV and final TSXV acceptance. The Arrangement results in Canuc acquiring 100% of [...]
Canuc Resources and Macdonald Mines Exploration announce a delay in the previously announced transaction whereby Canuc will acquire all of the shares of Macdonald Mines. The anticipated trading halt in respect of the Macdonald Mines shares on May 5, 2025 has not occurred. As a result, the closing date of the Transaction has been adjusted. In order [...]
Macdonald Mines Exploration is please to announce that, on April 24, 2025, it received the final approvals needed from the Ontario Superior Court of Justice with respect to the previously-announced transaction with Canuc Resources. Anticipated Closing Date Pursuant to the proposed transaction, Canuc will acquire all of the outstanding common shares [...]
MacDonald Mines Exploration is pleased to announce that the holders of BMK shares have approved the previously announced acquisition of BMK by Canuc Resources pursuant to a plan of arrangement under the Canada Business Corporations Act. At the special meeting of BMK shareholders held on March 31st, an aggregate of 15,947,334 shares were voted in [...]
Canuc Resources and Macdonald Mines would like to update shareholders of Macdonald Mines and provide certain supplemental information with respect to the previously announced transaction with Canuc. The Meeting The special meeting of Company Shareholders is scheduled to be held on March 31, 2025 at 10am to approve a statutory arrangement under [...]
MacDonald Mines Exploration is pleased to announce the initial results from 4 drill holes from its drilling program that took place in January 2025 on its 100% owned SPJ Project. The 2025 drilling program was planned in collaboration with Canuc Resources Corporation and consisted of 6 drill holes totaling 815 m that targeted the lenses of gold [...]
Macdonald Mines Exploration and Canuc Resources are pleased to announce, further to their respective press releases dated Dec 3, 2024, they have entered into a definitive arrangement agreement pursuant to which Canuc will acquire all of the issued and outstanding shares of Macdonald Mines. The Transaction is to be completed by way of a plan of [...]
MacDonald Mines Exploration is pleased to announce a drilling program that will begin in January 2025 on MacDonald Mines 100% owned SPJ Project. The 2025 drilling program, planned in collaboration with Canuc Resources, consists of approximately 800 m of drilling that will target the lenses of gold mineralization associated with the North Pit of the [...]
MacDonald Mines Exploration is pleased to announce that it has closed a non-brokered private placement offering for proceeds of $500,000. The Company issued a total of 10,000,000 units at a price of $0.05 per Unit. Each Unit is comprised of one Class A common share in the capital of the Company and one Class A Common Share purchase warrant, with [...]
MacDonald Mines Exploration announces a correction to the news release issued earlier today, Dec 3, 2024, with regards to the signing of a non-binding letter of intent with Canuc Resources, whereby Canuc will acquire all of the issued and outstanding shares of MacDonald Mines. The amount of aggregate consideration was listed as $3,365,400 but [...]
MacDonald Mines Exploration is pleased to announce that it has signed a non-binding letter of intent with Canuc Resources, whereby Canuc will acquire all of the issued and outstanding shares of MacDonald Mines. The LOI Under the terms of the LOI, Canuc will issue 72,000,000 common shares to the shareholders of MacDonald Mines as consideration [...]
MacDonald Mines Exploration Ltd. , further to its press release of May 25, 2024 , provides an update on the Company's investigations into the reporting inconsistencies in certain drill core assay results from its Scadding Gold Project. The original certificates from the three certified laboratories used during the exploration work at the Scadding [...]
