|Bid||0.1600 x 0|
|Ask||0.1950 x 0|
|Day's Range||0.1650 - 0.1650|
|52 Week Range||0.1250 - 0.2600|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER, British Columbia, July 31, 2019 -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) announces that it has granted an aggregate of 525,000 options with an.
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) is pleased to announce that, subject to TSXV approval, it has entered into an option agreement to earn up to 100% of the El Zanjon Gold and Silver Project (“El Zanjon”) in Santa Cruz Province, Argentina. It is situated near such world class mines as Cerro Negro (Newmont-Goldcorp), Cerro Vanguardia (AngloGold Ashanti) and Cerro Moro (Yamana) (Figure 1).
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) is pleased to announce that it has initiated its drilling program at the Motherlode Gold-Copper Project (“Motherlode” or the “Project”), Surigao Del Norte, Philippines. As reported in the news release dated (June 5, 2019), Rugby is targeting the depth extension to the high grade epithermal vein system and a deeper porphyry copper-gold target indicated by an Induced Polarization survey (Figure 1 below).
The Company is pleased to announce that Yale Simpson has been appointed Chairman of the Company with Bryce Roxburgh assuming the role of President and CEO. The change in management is due to personal commitments Paul Joyce has in Australia. Yale Simpson and Bryce Roxburgh are industry professionals with a track record of both exploration and corporate success.
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) is pleased to announce that it has signed a contract with Major Drilling Group International Inc. to drill the Motherlode Gold-Copper Project (“Motherlode” or the “Project”), Surigao Del Norte, Philippines. The mine was considered one of the Philippines’ highest grade producers*.
VANCOUVER, British Columbia, May 01, 2019 -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) announces that the TSX Venture Exchange has consented to the reduction.
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) announces that it has received notification from the Forestry Department, a division within the Colombian Ministry of the Environment, that the Company’s drilling permit application for the Cobrasco Copper Project (“Cobrasco”) has been denied. The Company is reviewing the basis for the rejection with a view to appeal the decision. Separately the Company will now accelerate selection of a drilling contractor for a scheduled June drilling program on the Motherlode gold-copper project, Philippines (“Motherlode’).
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) announces that subject to the acceptance by the TSX Venture Exchange, the Company has amended the terms to 6,270,714 outstanding share purchase warrants (the “Warrants”) issued upon the closing of a financing announced May 22, 2018. The exercise price of the Warrants is reduced from $0.50 per common share to $0.35 per common share and the expiry date extended until May 18, 2020 subject to the exercise acceleration noted below.
This news release is not for distribution to United States newswire service or for dissemination in the United States VANCOUVER, British Columbia, March 15, 2019 -- Rugby.
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) announces that it has entered into an agreement dated February 26, 2019, amending the terms of the option agreement with All-Acacia Resources Inc. (“All-Acacia”) for the acquisition of the Mabuhay project. The amended agreement provides that payments due pursuant to the option agreement can be settled in cash or shares at the Company’s election. Following the grant of the permits to commence exploration at Mabuhay (see news release NR19-01) the Company will issue an aggregate of 365,000 common shares at a deemed price of CAD$0.18 per share to settle the initial payment of US$50,000.
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) announces that its board of directors has approved a proposed private placement offering of up to 6,000,000 units (the “Units”) at a price of $0.18 per Unit for gross proceeds of up to $1,080,000 (the “Offering”). Each Unit will consist of one (1) common share and one half (0.5) common share purchase warrant (a “Half Warrant”). Each full warrant (two (2) Half Warrants together) will entitle the holder thereof to purchase one (1) additional common share of the Company for a period of one (1) year from the date of the close at an exercise price of $0.30.
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) is pleased to announce that a drilling and exploration permit has been issued for its Mabuhay project, including the Mother Lode gold target, in the Philippines. Rugby’s earlier permits, although covering a large area, specifically excluded the old gold mine area and consequently it had previously been unable to drill the Mother Lode target. The Mother Lode, located in the centre of the broader Mabuhay project area comprising 878 hectares, is situated 12 kilometres south of Surigao City, the capital city of the province of Surigao del Norte.
Anyone researching Rugby Mining Limited (CVE:RUG) might want to consider the historical volatility of the share price. Volatility is considered to be a measure of risk in modern finance theory. Read More...
Rugby Mining Limited (“Rugby” or the “Company”) (RUG.V) drilled one hole of a proposed two-hole program at the San Antonio project, Colombia (“San Antonio”). As the results were below expectations (see assays below) the Company has elected to terminate its option over the project. At Cobrasco, Rugby’s 100% owned copper-molybdenum porphyry project, where drill permitting is progressing, the Company recently submitted such additional technical information as was requested by the authorities to support the application.