|Bid||0.3300 x N/A|
|Ask||0.3450 x N/A|
|Day's Range||0.3300 - 0.3700|
|52 Week Range||0.3300 - 1.1800|
|Beta (3Y Monthly)||-4.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.93|
TORONTO , Sept. 20, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing, including the partial exercise of the over-allotment option, of 46,156,000 units of the Company (the "Units"), at a price of $0.40 per Common Share (the "Issue Price"), for gross proceeds to the Company of $18,462,400 (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant").
TORONTO , Sept. 17, 2019 /CNW/ - RNC Minerals (RNX.TO) (RNC) has re-filed on SEDAR its technical report prepared in respect of its gold resource update for the Beta Hunt Mine and Dumont Nickel Project ("Dumont") NI 43-101 compliant technical report ("feasibility study").
TORONTO , Sept. 6, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC" or the "Company") is pleased to announce gold production for the month of August 2019 of 8,104 ounces. Paul Andre Huet , Chairman & CEO, commented: "August gold production of 8,104 ounces is further evidence of a strong start to the second half of the year, with total July-August production of 15,977 ounces. In addition, further to its press release dated August 26, 2019 , announcing an $18,000,000 bought deal financing (the "Offering"), the Company has agreed with Haywood Securities Inc., as lead underwriter on behalf of a syndicate of underwriters (collectively, the "Underwriters"), to amend the terms of the Offering.
RNC Minerals (RNX.TO) ("RNC" or the “Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. ("Haywood") as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (together with Haywood, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 45,000,000 common shares of the Company (the "Common Shares"), at a price of $0.40 per Common Share (the “Issue Price”), for gross proceeds to the Company of $18,000,000 (the "Offering"). The Company has granted the Underwriters an over-allotment option, exercisable at the Issue Price for a period of 30 days following the closing of the Offering, to purchase up to an additional 6,750,000 Common Shares (representing 15% of the Common Shares offered pursuant to the Offering) to cover over-allotments, if any, or for market stabilization purposes.
TORONTO , Aug. 23, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that mining is underway at its Baloo Stage I open pit. The fully funded and permitted Baloo Stage I pit is expected to provide material to supply the HGO plant with approximately 30,000 tonnes per month until year end. Baloo Stage II is currently in the permitting process.
TORONTO , Aug. 21, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that gold production for the month of July 2019 was 7,873 ounces. Paul Andre Huet , Chairman & CEO commented: "As promised during our quarterly call, we are providing more frequent updates. Production of approximately 7,900 ounces during the month of July 2019 is an excellent result for our first full calendar month of consolidated operations following the acquisition of the Higginsville Gold Operation (HGO). Material processed during July was comprised of Beta Hunt mined and stockpile, with excellent recoveries in the 92-94% range.
Royal Nickel Corporation (TSE:RNX) shareholders have seen the share price descend 14% over the month. But that doesn't...
RNC Announces Second Quarter 2019 Results; Integration of Higginsville Gold Operations Proceeding on Target
TORONTO , Aug. 13, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that a technical report prepared in respect of its gold resource update for the Beta Hunt Mine, Kambalda, Western Australia ("Resource Update") has been filed under RNC's profile on SEDAR at www.sedar.com and on RNC's website at www.rncminerals.com.
RNC Minerals June 2019 Quarterly Production and Operations Update - 25% Reduction in Milling Costs Achieved as a Result of HGO Acquisition
TORONTO , July 18, 2019 /CNW/ - RNC Minerals ("RNC") (RNX.TO) announced today that Mark Selby , President and Chief Executive Officer ("CEO") has resigned for personal reasons from the Company effective immediately. Paul Andre Huet , Executive Chair of the Board, has been appointed Interim CEO. " Mark Selby has been instrumental in the growth of RNC Minerals to establish the Company to where we are today.
A look at the shareholders of Royal Nickel Corporation (TSE:RNX) can tell us which group is most powerful. Insiders...
TORONTO , June 27, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce a substantial increase to the mineral resource for the Western Flanks Zone at its Beta Hunt Gold Mine in Western Australia based on an updated mineral resource estimate effective as of June 26, 2019 .
TORONTO , June 17, 2019 /CNW/ - RNC Minerals (RNX.TO) ("Royal Nickel Corp." or "RNC") is pleased to announce that MVIS® has added RNC Minerals to its MVIS® Global Junior Gold Miners Index. Mark Selby , President and CEO of RNC, commented "Inclusion in the MVIS® Global Junior Gold Miners Index is another major milestone for RNC.
TORO NTO , June 11, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that it has closed the acquisition ofthe Higginsville Gold Operation ("HGO") from Westgold Resources Limited (" Westgold" ). RNC has paid Westgold A$25 million in cash and issued a total of 56.9 million shares in satisfaction of the HGO purchase price (see RNC news releases dated March 26 and May 13, 2019 ). The cash portion of the HGO purchase price was funded by a new senior secured C$35 million debt facility entered into by RNC.
Canada's main stock index edged higher on Friday, after data showed a higher-than-expected addition of jobs in May and a dip in unemployment rate to a record low of 5.4%. * At 9:40 a.m. ET (13:40 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was up 26.1 points, or 0.16%, at 16,253.9. * According to Statistics Canada, the economy added 27,700 net new jobs in May after a Reuters poll predicted a gain of 8,000 positions from April and a jobless rate of 5.7%.
TORONTO , June 5, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce another high-grade gold discovery at its Beta Hunt Mine, where the company has encountered coarse gold in quartz veins on the level beneath the Father's Day Vein discovery. RNC will provide a final estimate of ounces recovered once this material has been processed. "We are thrilled to have encountered high grade coarse gold in the area below the Father's Day Vein.
RNC Minerals Announces Positive Results of Dumont Nickel-Cobalt Project Updated Feasibility Study