Wednesday, June 21, 2017
|Sears Canada Inc - SCC.t is a retailer, headquartered in Toronto, Ontario.|
It operates in all provinces and territories of Canada with a network of 146 corporate stores (Sears, Sears Home, Sears Outlet/Fashion Outlet), 144 Hometown Dealer stores, 84 Sears Travel offices and a nationwide home maintenance, repair, and installation network.
Sears Canada Inc., the struggling offshoot of Sears Holdings Corp., is preparing to seek court protection from creditors in the coming weeks, according to people familiar with the matter. The court filing will likely lead to a liquidation, with the business sold off in pieces, said one of the people, who asked not to be identified because the deliberations are private. The company’s most valuable assets are real estate, but many of its locations are in lower-end shopping centers. That makes it difficult to sell them to a single buyer, the person said.
Labels: Sears Canada Inc - SCC.t
Tuesday, June 20, 2017
| Richmont Mines Inc - RIC.t currently produces gold from the Island Gold Mine in Ontario, and the Beaufor Mine in Quebec. The Company is advancing development of a significant high-grade resource extension at depth of the Island Gold Mine.|
The company reported Q1 production of 32,369oz at non-AISC cash costs of $806
Richmont Mines Reports Strong Results from the Island Gold Mine Expansion Case Preliminary Economic Assessment
Richmont Mines Inc. is providing a status update on an expansion-case preliminary economic assessment currently under way for the Island gold mine located in Northern Ontario, Canada. The expansion-case PEA is expected to be released in the first half of 2017 in order to incorporate the 2016 year-end resource estimates and will consider a potential ore mining and mill processing rate increase to 1,100 tonnes per day beginning in 2018, with minimal capital investment being required.
Labels: Richmont Mines Inc - RIC.t
Monday, June 19, 2017
|Nighthawk Gold Corp. - NHK.t is focused on the Indin Lake Gold Property, a 222,203 acres or 900 square kilometres land package located 200 kilometres north of Yellowknife, Northwest Territories.|
An inferred Mineral Resource estimate of 39.81 million tonnes with an average grade of 1.64 g/t Au for 2.101 million oz gold using a cut-off grade of 0.6 g/t gold is defined at its Colomac property.
Nighthawk Gold drills 50.3 m of 2.58 g/t Au at Colomac
Nighthawk Gold Corp. has released initial drill results from eight holes (2,658 metres) on its Colomac gold project located within its Indin Lake gold property, Northwest Territories, Canada.
Labels: Nighthawk Gold Corp. - NHK.t