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- Mon Apr 22, 2013 - MBMI Launches Private Placement of Convertible Debentures
Richmond Hill, Ontario, April 22, 2013 -- MBMI RESOURCES INC. (the \'Company\') (TSX-V: MBR) announces that it is launching a private placement (the \'Private Placement\') of convertible debentures (\'Debentures\') in which it will seek to raise up to $500,000.<br>
The Debentures proposed to be issued would accrue interest at a rate of 12% per annum and would mature one year after issuance. The principal amount of the Debentures would be convertible at the option of the holder into units (\'Units\') at a
- Fri Mar 1, 2013 - Corporate Presentation
- Mon Feb 4, 2013 - MBMI Announces Favourable Philippines Court Decision
Richmond Hill, Ontario, February 4, 2013 -- MBMI Resources Inc. (\'MBMI\' or the \'Company\') is pleased to provide an update as to the progress of certain legal proceedings involving the Company's subsidiaries in the Philippines. The (Former) Tenth Division of the Court of Appeals in Manila issued, on January 22, 2013, a resolution (the \'Resolution\') in C.A. G.R. SP No. 113523 denying Motion for Reconsideration filed by Redmont Consolidated Mines Corporation (\'Redmont\').<br
- Wed Dec 19, 2012 - MBMI Announces Director Appointment
Richmond Hill, Ontario, December 19, 2012 -- MBMI RESOURCES INC. (\'MBMI\') (TSX-V: MBR) is pleased to announce that it has appointed, subject to regulatory approval, Mr. Robert Siu to its board of directors.<br>
Mr. Siu is a Hong Kong-based corporate and commercial lawyer with over twenty years of experience. In addition to being qualified to practice in Hong Kong, Mr. Siu is also qualified to practice in the United Kingdom. He is a director of the following Hong Kong Stock Exchange-listed companie
- Fri Nov 2, 2012 - MBMI Signs Definitive Agreements with New Partner in Philippines
Richmond Hill, Ontario, November 2, 2012 -- MBMI RESOURCES INC. (\'MBMI\') (TSX-V: MBR) is pleased to announce that, further to its press release dated September 21, 2012 and in accordance with the Memorandum of Agreement that was signed at that time (the \'MOA\'), it has entered into definitive agreements relating to MBMI's Alpha, Bethlehem, and Rio Tuba properties in the Palawan province of the Philippines (the \'Palawan Properties\'). As disclosed in MBMI's press release of October 9, 20
- Wed Oct 31, 2012 - 3rd Quarter Financial Statements and MDA
- Wed Oct 31, 2012 - MBMI Intends to Vigorously Defend Palawan Alpha Lawsuit
Richmond Hill, Ontario, October 31, 2012 -- MBMI RESOURCES INC. (\'MBMI\') (TSX-V: MBR) announces that it has received a complaint filed against it and other parties by Palawan Alpha South Resource Development Corporation (\'Palawan Alpha\') in a regional trial court in the Philippines (the \'Complaint\').<br>
In the Complaint, Palawan Alpha asks for the rescission of the following related agreements: (a) the Call Option Agreement executed by and between Palawan Alpha and MBMI on April 27,
- Mon Oct 22, 2012 - MBMI Announces Grant of Stock Options and Resignation of Director
Richmond Hill, Ontario October 22, 2012 -- MBMI RESOURCES INC. (\'MBMI\' or the \'Company\') (TSX-V: MBR) announces the grant of a total of 1,300,000 options to purchase common shares of the Company to officers and directors of the Company. Each option is exercisable at a price of $0.10 per share for a five year term. Half of the options granted vest immediately, while the remaining half vest on July 22, 2013.<br>
Resignation of Director<br>
Mr. Anthony Ho has resigned as a dire
- Tue Oct 9, 2012 - MBMI Receives Exchange Approval of Asset Disposition and Private Placement Approvals
Richmond Hill, Ontario, October 9, 2012 -- MBMI RESOURCES INC. (\'MBMI\') (TSX-V: MBR) is pleased to announce that the TSX Venture Exchange (the \'Exchange\') conditionally approved the proposed asset disposition previously announced in MBMI's press release of September 21, 2012. Final approval of this disposition is conditional upon MBMI submitting final documentation to the Exchange and in compliance with applicable Exchange policies.<br>
MBMI is also pleased to announce that, further to its
- Fri Sep 21, 2012 - MBMI Links with New Partner in Philippines to Develop Palawan Properties
Richmond Hill, Ontario, September 21, 2012 -- MBMI RESOURCES INC. (\'MBMI\') (TSX-V: MBR) is pleased to announce that it has joined forces with a partner in the Philippines for the development of MBMI's Alpha, Bethlehem, and Rio Tuba properties in the Palawan province of the Philippines (the \'Palawan Properties\'). As part of this new partnership, MBMI has agreed to transfer to its new partner a portion of MBMI's interest in the Palawan Properties (the \'Transaction\').<br>
Through a com