|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.1260 - 0.1469|
|52 Week Range||0.1200 - 0.3100|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TORONTO , April 24, 2018 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that Orford Mining Corporation (ORM.V) (44% owned by RNC) has begun the mobilization of drill rigs to begin drilling at its Carolina Gold Properties in North and South Carolina . Drilling will target high quality geological and geophysical targets consistent with Haile gold deposit style mineralization as reported in Orford's news release dated March 1, 2018 . The first phase of drilling will total approximately 1,400 metres and Orford expects to receive assay results beginning in June.
RNC Minerals - Beta Hunt - Final Results received for 2017 Drilling Further High-grade Gold Intersections
RNC Minerals Begins Testwork to Produce Nickel and Cobalt Sulphate for the Electric Vehicle Market Directly from Dumont Nickel Sulphide Concentrate
TORONTO, March 22, 2018 /CNW/ - RNC Minerals ("RNC") (RNX.TO) is sharpening its focus to advance the Dumont Nickel-Cobalt development project, the largest undeveloped nickel and cobalt reserve in the world, by initiating a strategic alternatives process for its 100%-owned Beta Hunt gold and nickel mine located in Western Australia. PCF Capital Group, based in Perth, Western Australia, and Haywood Securities Inc. have been retained as financial advisors for the Beta Hunt process. "RNC has made the decision that its central strategic focus going forward will be the advancement of the Dumont Nickel-Cobalt Project – one of the few large-scale, shovel-ready projects positioned to deliver large quantities of nickel and cobalt to market in the next few years.
RNC Minerals Sharpens Focus on Advancing Dumont Nickel-Cobalt Project; Launches Strategic Alternatives Process for the Beta Hunt Mine
Engages CRU to Confirm Value-in-Use Analysis of RNC's Concentrate Roasting Approach for Dumont High Grade Nickel-Cobalt Concentrate TORONTO , March 1, 2018 /CNW/ - RNC Minerals ("RNC") (TSX: ...
RNC Minerals Reports Cobalt 27 has Acquired Existing Royalty on Dumont Nickel-Cobalt Project
TORONTO, Feb. 22, 2018 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to report that Cobalt 27 Capital Corp. ("Cobalt 27") has agreed to acquire an existing 1.75% Net Smelter Return ("NSR") royalty on all future production over all metals from the Dumont Nickel-Cobalt Project ("Dumont"). "Cobalt 27's acquisition of the 1.75% NSR royalty highlights why the Dumont Nickel-Cobalt Project is one of the world's premier battery metals projects. Dumont not only contains the world's largest undeveloped reserves of both cobalt and nickel, it also fully permitted and construction-ready, close to existing infrastructure, and located in one the world's most desirable mining jurisdictions in Quebec," said Mark Selby, President and CEO of RNC Minerals.
Toronto, Ontario--(Newsfile Corp. - January 26, 2018) - Eric Sprott announces that between January 19 and January 25, 2018, he sold (through his holding company, 2176423 Ontario Ltd.) over the Toronto Stock Exchange, 5,151,500 common shares (representing approximately 1.67% of the outstanding shares) of Royal Nickel Corporation (doing business as RNC Minerals). The shares were sold at an average price of approximately $0.3447 per share for total consideration of $1,775,814. This press release is ...
Beta Hunt Mine Gold Production Increases 21% in Q4 2017; Exits Year at 70,000 Ounce Annualized Production Rate
TORONTO , Jan. 18, 2018 /CNW/ - RNC Minerals Corporation (" RNC ") (TSX: RNX) reports that Beta Hunt mined gold production increased by 21% to 12,722 ounces in the fourth quarter of 2017 versus ...
RNC Minerals Plans Initiatives to Allow Decision to Begin Construction of Dumont Nickel-Cobalt Project in 2019; Highlights Large Nickel and Cobalt Reserves
TORONTO , Jan. 15, 2018 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") expects to undertake a series of initiatives during 2018 to position the company to make a decision to begin construction of the ...
TORONTO, Jan. 12, 2018 /CNW/ - RNC Minerals (RNX.TO) today announced that it has completed the equity issuances described in its news release dated December 14, 2017, by issuing 29,750,312 common shares to Auramet International LLC at a price of $0.16 per share and 7,704,167 common shares to other stakeholders at a price of $0.16 per share. RNC has also signed subscription agreements for an additional ten million shares to be issued for cash at $0.16 per share on or before January 17, 2018 as part of the previously announced restructuring. See RNC News Release dated December 14, 2017 for additional information.
Toronto, Ontario--(Newsfile Corp. - December 15, 2017) - Trading resumes in: Company: Royal Nickel Corporation TSX Symbol: RNX (all issues) ...
RNC Minerals Restructures Senior Secured Gold Loan with Auramet International LLC; Completes $8 Million Financing, Funds to support Nickel Ramp-up at Beta Hunt
TORONTO, Dec. 14, 2017 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that it has restructured its financing package with Auramet International LLC ("Auramet") to fund the repayment of all obligations under the Senior Secured Gold Loan entered into in October 2016 and provide financial flexibility to support completion of the ramp-up and development of the Beta Hunt Mine, including the planned doubling of nickel production in 2018. RNC has also raised an additional $4.5 million in capital from Pala Investments Limited ("Pala") and other key stakeholders, further strengthening its balance sheet. "This support from Auramet and other key stakeholders will provide RNC with the financial flexibility to complete the gold and nickel ramp-up at Beta Hunt, including the planned doubling of nickel production in 2018, by deferring principal payments until March 31, 2018, reducing the principal of the senior debt facility by US$3 million, and providing an additional $4.5 million in capital.
Toronto, Ontario--(Newsfile Corp. - December 14, 2017) - The following issues have been halted by IIROC: Company: Royal Nickel Corporation TSX Symbol: RNX (all issues) ...