|Bid||0.09 x 0|
|Ask||0.10 x 0|
|Day's Range||0.1000 - 0.1000|
|52 Week Range||0.0500 - 0.5500|
|Beta (3Y Monthly)||0.06|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
LONDON , Feb. 14, 2019 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announced that it has been granted three additional water permits by SEDAM (Secretary of State for Environmental Development, Rondônia, Brazil ), valid until 31st of January 2024 , to use with a rotating wet screen ("trommel") at the António Gomes, Francisco/Araçatuba and Júlio Mundi prospects ("the Permits") within its Espigão Manganese project ("the Project"). The Company already has one field trommel at the Vitalino prospect where it operates on a continuous basis, uninterrupted by the wet season conditions. Enables the Company to efficiently supply pre-concentrate manganese to the Jaburi plant during future wet seasons.
Mr Clark Interim CEO & President, states, "the ongoing support from Sentient Global Resources Funds IV LP enables the Company to manage cash flows through the wet season and to optimize the Espigão operations. Renegotiation of a major sales contract and ongoing discussion with a second concentrate customer are intended to improve sales terms and enhance revenues to strengthen the outlook for the Company's 2019 manganese business.
LONDON , Dec. 13, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announces the resignation of Mr Andre Wessels as a Director of the Company. Mr Wessels helped guide the Company through a complicated and difficult restructuring period and will leave the Company to pursue other business commitments. Meridian Mining SE is focused on the acquisition, exploration, development and mining activities in Brazil .
LONDON , Nov. 22, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announces the discovery of tin (Sn) bearing greisen altered granites within its Espigão production and exploration tenements in Rondônia Brazil ("the Project"). This is the first discovery of greisen alteration and bedrock tin mineralization on the Project, and was a result of the expanded technical focus on the manganese and polymetallic potential of the Project. Tin is known from drainage pan-concentrate samples associated with the same anomaly to the east and south east, but had not previously been traced to a source.
LONDON , Nov. 20, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announces its preparation for maintaining cost efficient production during the 2018/2019 wet season is well advanced, despite the early arrival of inclement weather. The Company has also submitted additional requests for water permits and plans to mobilise the Rio Madeira trommel to the field during the 1st Quarter of 2019.
LONDON , Oct. 23, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announced that it has been granted a water-use permit ("the permit") by SEDAM (Secretary of State for Environmental Development, Rondônia, Brazil ), valid until 19th of October 2023 , to be used for a rotating wet screen ("trommel") at the Vitalino prospect. The trommel effectively washes soil from the mined mineralisation and produces a clean gravel mix for subsequent sizing then processing "jigging". The Company has applied for additional water abstraction permits at the Ervino, Jair Mundi , Antônio Gomes and Araçatuba prospects, for use in wet screening.
LONDON , Oct. 9 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announced that the Company has successfully extended the last of its outstanding loans with Sentient Global Resources Fund IV ("the Lender"). The final two loan agreements scheduled to mature on September 30 2019 for an aggregated amount of USD 3.5M have been be extended to March 31, 2020 (the "Loan Amendments"). In a highly positive step, and in recognition of the Company's recent and ongoing efforts to restructure and optimise its high quality manganese operations, the Company's lenders have agreed to extend all of the Company's loans under the same previous terms and conditions through to March 31, 2020 .
LONDON , Oct. 1, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") announces that it has extended to March 31, 2020 the maturity date of its four loans (collectively, the "Loans") with Sentient Excutive GP IV, Limited Sentient Global Resources Fund IV, L.P. and The Sentient Group (collectively, the "Lenders") in the aggregate amount of US$12 million (the "Loan Amendments"). The Loans were set to become due and payable on September 30, 2018 . The other terms and conditions of the Loans remain unchanged as a result of the Loan Amendments.
LONDON , Sept. 10, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the"Company") today announced that it has been granted a Guia de Utilização permit No. GU nº 19/2018 (the "GU") by the National Department of Mineral Production ("DNPM"), valid until 19th of May 2020 , Fig 1.The GU allows for the extraction 6,000t of Mn oxide concentrate per annum fromthe exploration license that covers the Califórnia / Eduardo Mendes/ Calça Frouxa prospects. The prospective areas forcolluvial and saprolite vein Mn oxide mineralisation are also centred on the existing pre-screening facility at the Califórnia prospect. To further reduce cost, a second pre-screening plant will be mobilised to the Eduardo Mendes area.
LONDON , Aug. 20, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announced that that on August 17, 2018 it entered into a new loan agreement with Sentient Global Resources Funds IV LP ("Lender") pursuant to which the Lender made available to the Company a credit facility of USD 1,500,000 to fund the Company's manganese operations in Brazil and general working capital. Mr. Braga has also resigned as COO.
LONDON , July 4, 2018 /CNW/ - Meridian Mining S.E. (MNO.V) (the "Company") is pleased to report on the results of the Annual General and Special General Meeting (the "Meeting") of shareholders held on June 29 , 2018. The Company is also pleased to announce the appointment of Jonathon Richards to the position of Interim Chief Financial Officer and the resignation of Mr. Carlos Braga from the CFO role. The Company is pleased to have back Mr. Richards as he has a keen understanding of the Brazilian operations and will be a valuable contributor going forward. The Company thanks Mr. Braga for his role as CFO.
LONDON , June 13, 2018 /CNW/ - Meridian Mining SE (MNO.V) ("Meridian" or the "Company") today announced that Mr. Anthony Julien has resigned as President and CEO of the Company. Mr. Julien has also resigned as a director of Meridian. The Company thanked Mr. Julien for his years of service with Meridian. The Company is also pleased to announce the appointment of Mr. Gilbert Clark as interim President and CEO of Meridian. Mr. Clark is a geologist and has extensive experience in mineral exploration and development. Mr. Clark has served as a Partner with Sentient Equity Partners since 2017. Prior to that he was a Senior Investment Advisor and Director at Sentient Asset Management Canada. He has been involved in private equity investments and appraisals primarily in the mining and energy sectors and is currently a non-executive Director of North American Nickel Inc.
LONDON , May 28, 2018 /CNW/ - Meridian Mining SE (TSX V: MNO) ("Meridian" or the "Company") today announces certain corporate changes. The Company has been in recent discussions with Sentient Equity Partners, acting on behalf of Sentient Executive GP IV Limited (together "Sentient"), about potential financial support. Accordingly, effective May 24, 2018 Barry Bolitho and Doug Willock have resigned as directors of the Company. The Company would like to thank Messrs.
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