Atna Resources Ltd

Published : January 23rd, 2008

Advances Towards Merging With Canyon Resources

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Atna Resources Advances Towards Merging With Canyon Resources

VANCOUVER, Jan. 23, 2008 - Atna Resources Ltd. ("Atna" - TSX: ATN) announces that its Registration Statement filed on Form F-4, which contains the joint proxy statement/prospectus relating to merging with Canyon Resources Corp. ("Canyon" - AMEX:CAU) first announced on November 19, 2007, has been declared effective by the United States Securities and Exchange Commission ("SEC").

Canyon anticipates that it will commence mailing the proxy statement in relation to the proposed transaction on January 25, 2008 to stockholders of record as of January 18, 2008. A special meeting of the stockholders of Canyon will be held on March 6, 2008 at the Table Mountain Inn, 1310 Washington Avenue, Golden, Colorado, to vote on the proposed transaction. Atna anticipates the closing of the transaction shortly thereafter.

On November 16, 2007 Atna and Canyon entered into an agreement and plan of merger whereby Atna will acquire all of the issued and outstanding shares of common stock of Canyon. After the transaction, Canyon will become a wholly owned subsidiary of Atna. Canyon's Board of Directors has recommended that stockholders vote to approve and adopt the agreement and plan of merger. The management and board of Atna believe that the transaction significantly benefits all the shareholders of the combined entity because:

  • The merger is an important step in the growth of Atna's gold asset portfolio

  • The transaction creates a multi-million ounce gold company highly leveraged to gold price.

  • Near term production from Briggs and Reward will complement Pinson development

  • There is strong upside potential from the combined portfolio of exploration properties

  • The transaction will allow the combined entity to focus on gold in the western US

  • The combined entity creates a financially strong platform for growth and an exceptional management team

Atna's Outlook

Atna is building a successful gold exploration, development and mining enterprise in the Western United States. In combination with Canyon, the company will have a diverse portfolio of assets including development ready gold projects in California and Nevada with near-term production and significant potential to increase the defined resource. In addition, the combined company will own a portfolio of early to advanced exploration projects in Nevada, California, Montana, Wyoming, Canada, and Chile. Many of these projects are joint ventured to quality partners, spreading Atna's risk and leveraging its opportunities. The combined company also will have a significant portfolio of precious metal mining royalties. The company has an experienced team and a well rounded, independent Board, committed to the success of the company. Atna will continue to grow through development of its advanced projects, exploration, and new acquisitions. The combination of Atna and Cany on will trade on the Toronto Stock Exchange under the symbol TSX: ATN and in the US on the Pink Sheets as ATNAF.

Forward Looking Statements

This press release contains forward-looking statements, including statements regarding the timing of the special meeting of stockholders and closing of the merger that involve known and unknown risks, uncertainties and other factors that may cause actual outcomes to differ materially from outcomes express or implied by this press release. Such risk factors include, among others that the matters submitted for stockholder approval at the special meeting of stockholders may not be approved. Actual results may differ materially from those contained in the forward-looking statements in this press release. Additional information concerning these and other risk factors is contained in the Risk Factors section of the Form F-4 filed with the SEC on January 17, 2008, and from time to time in Atna's other reports filed with the SEC.

Additional Information and Where to Find It

In connection with the merger between Atna and Canyon, on January 17, 2008, Atna filed with the SEC a registration statement on Form F-4, which contains a joint proxy statement/prospectus and other relevant materials. INVESTORS AND SECURITY HOLDERS OF CANYON ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND THE OTHER RELEVANT MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT ATNA, CANYON AND THE MERGER. The joint proxy statement/prospectus and other relevant materials and any other documents filed by Atna with the SEC, may be obtained free of charge at the SEC's web site at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed by Atna with the SEC by directing a request to: Atna Resources Ltd., 510 - 510 Burrard Street, Vancouver, B.C., Canada V6C 3A8, attention: Kendra Johnston.

Canyon and Atna and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the merger. Investors and security holders may obtain detailed information regarding the direct and indirect interests of these respective executive officers and directors in the merger by reading the joint proxy statement/prospectus regarding the merger.

For further information:

Atna Resources Ltd.
Kendra Johnston
Investor Relations Manager & Geologist
Tel: (604) 684-2285
kjohnston@atna.com

RENMARK FINANCIAL COMMUNICATIONS INC.
BARBARA KOMOROWSKI : BKOMOROWSKI@RENMARKFINANCIAL.COM
BARRY MIRE : BMIRE@RENMARKFINANCIAL.COM
TEL. : (514) 939-3989
FAX : (514) 939-3717
WWW.RENMARKFINANCIAL.COM

Data and Statistics for these countries : Canada | Chile | All
Gold and Silver Prices for these countries : Canada | Chile | All

Atna Resources Ltd

PRODUCER
CODE : ATN.TO
ISIN : CA04957F1018
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Atna Resources is a zinc and gold development stage company based in Canada.

Atna Resources develops zinc, gold, copper, lead and silver in Canada, and holds various exploration projects in Canada.

Its main asset in production is BRIGGS in USA, its main asset in development is WOLVERINE in Canada and its main exploration properties are KENDALL GOLD MINE, CONVERSE, ATLANTA (NEVADA), MOUNT EDNA, CLOVER, WOLF PROPERTY, TRAM PROSPECT, SAND CREEK JV, TREE PROPERTY, WHITE BULL, BEOWAWE, TY, UDUK, JARBRIDGE, ECSTALL PROPERTY, CONVERSE & SAND CREEK URANIUM, TRIPLE JUNCTION, GOLDTOOTH - BRIGGS, SEVEN-UP PETE GOLD, COLUMBIA PROPERTY, REWARD PROPERTY, PINSON, MT. EDNA and MCDONALD in Canada and CACHINAL and CELESTE in Chile.

Atna Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 10.6 millions as of today (US$ 7.7 millions, € 7.0 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 2.56, and its lowest recent point on December 29, 2015 at CA$ 0.05.

Atna Resources has 212 090 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Atna Resources Ltd
2008 Annual report
Annual Report 2007
Nominations of Atna Resources Ltd
1/8/2013Mr. Daniel Saint Don Joins Atna as Vice President and Chief ...
8/16/2011Douglas Stewart Joins Atna As Chief Operating Officer
4/5/2011Paul H. Zink Joins Atna's Board of Directors
Financials of Atna Resources Ltd
3/17/2015. Reports Fourth Quarter and 2014 Fiscal Year Results
11/12/2014Reports Third Quarter 2014 Earnings and Operations Results
8/5/2014Reports Second Quarter 2014 Results
5/5/2014Reports First Quarter 2014 Earnings and Operations Results
11/11/2013Reports Third Quarter 2013 Earnings and Operations Results
7/31/2013Reports Second Quarter 2013 Earnings and Operations Results
5/13/2013Reports First Quarter 2013 Earnings and Operations Results
3/22/2013Reports Fourth Quarter and 2012 Fiscal Year Results and High...
11/13/2012Announces Third Quarter 2012 Earnings and Operations
10/15/2012(Pinson)Reports Third Quarter Development Progress at Pinson
8/16/2011Reports Second Quarter Earnings of $1.1 Million
5/24/2011Reports First Quarter 2011 Results
3/25/2011Reports Fourth Quarter and 2010 Fiscal Year End Results
8/12/2010Reports Second Quarter 2010 Results
3/26/2010Reports Fourth Quarter and Year End 2009 Results
8/14/2009Reports Second Quarter 2009 Results
11/14/2008Reports Third Quarter 2008 Results
8/14/2008Reports Second Quarter 2008 Results
5/29/2008REPORTS FIRST QUARTER 2008 RESULTS
11/14/2007 Reports Third Quarter Results
5/15/2007Reports First Quarter Results
Project news of Atna Resources Ltd
3/9/2015(Pinson)Provides Update on Pinson Mine
11/17/2014(Clover)Announces Sale of Reward and Clover Properties for US$10.0 M...
7/2/2013(Briggs)Briggs Mine Reports Near Record Gold Ounces Mined
6/3/2013(Pinson)Provides Additional Information on its Pinson Mine
5/29/2013(Pinson)Modifies Operations at its Pinson Mine
3/27/2013Veris Gold Enters Into A Toll Milling Agreement with Atna Re...
3/25/2013Cuts 120 feet Grading 0.057 oz/ton Gold at Reward Gold Proje...
3/18/2013(Ty)Extends $17.5 Million Credit Facility
2/25/2013Discovers New Gold Mineralization at Reward
2/5/2013(Pinson)Receives Large Mine Expansion Permit for Pinson
1/16/2013Reports 2012 Production Results and 2013 Outlook
12/11/2012(Pinson)Drilling at Pinson Continues to Confirm High Gold Grades
11/6/2012(Pinson)Development Drilling at Pinson Returns 60 feet of 1.38 oz/to...
4/16/2012(Pinson)Reports Progress on Development of the Pinson Mine
1/19/2012(Briggs)Increases Briggs Gold Resource and Replaces Mined Ounces
10/24/2011Drilling Increases Size of Reward Gold Deposit
10/13/2011(Briggs)Completes Briggs Drilling with Strong Gold Intercepts
9/13/2011(Briggs)North Main Zone Expanding at Atna's Briggs Mine
9/2/2011(Pinson)Completes Acquisition of Pinson Gold Mine
8/11/2011(Pinson)Acquires Pinson Gold Mine
7/1/2011(Ty)Enters Agreement to Sell its Atlanta Property
5/25/2011(Briggs)Drills 100 feet (30.5 m) grading 0.058 oz/ton gold (1.97 g/t...
5/2/2011(Briggs)Expands New Reserve Area
4/7/2011(Briggs)Announces Expansion of Deep Briggs Zone
3/23/2011(Briggs)Reports Additional Positive Drill Results at Briggs Mine
3/3/2011(Briggs)Reports Updated Gold Reserves at Briggs and Reward Mines
2/28/2011(Briggs)Reports Initial Drill Results at Briggs Mine
1/27/2011(Briggs)Commences Briggs Mine Exploration
1/24/2011(Briggs)Reports Increased Gold Production and Lower Costs at Briggs ...
3/2/2010Provides NI-43-101 Resource Estimate for Cecil R Project
2/26/2010(Briggs)Reaches Commercial Production Levels at the Briggs Mine
2/22/2010(Briggs)Updates Reserve Estimates for Briggs and Reward
9/10/2009(Columbia Property)Reports Significant Gold Resource for its Columbia Gold Proj...
8/24/2009(Reward Property)Receives Approval for Development of Reward Gold Mine
8/11/2009(Briggs)Increases Gold Resources at Briggs Mine
6/8/2009(Briggs)Expands Mineralization at Briggs Mine
6/4/2009(Pinson)Reports Additional Pinson Drill Results
5/13/2009(Briggs)Makes First Gold Pour at Briggs Mine
2/27/2009(Briggs)Confirms New Gold Zone at Briggs Mine
2/18/2009(Briggs)Reports Reserve Increase and Updated Mine Plan for the Brigg...
2/4/2009(Clover)Provides Update on Exploration Venture Properties
1/28/2009(Briggs)Commences Mining Gold Ore at Briggs
1/15/2009(Pinson)Receives Notice of Completion of $30 Million Expenditure at ...
7/22/2008(Mcdonald): Mountain States Legal Foundation Files Petition With US Su...
6/16/2008(Ty)COMPLETES CONSOLIDATION OF SEVEN-UP PETE GOLD PROPERTY
5/9/2008TECHNICAL REPORT RECOMMENDS RE-START OF BRIGGS MINE IN CALIF...
4/24/2008(Pinson)REPORTS ACCELERATED DEVELOPMENT AT PINSON GOLD PROJECT
4/23/2008(Mcdonald)RECEIVES COURT OPINION ON ITS MCDONALD TAKINGS CLAIM
4/16/2008(Briggs)Drilling Extends Gold Mineralization At Briggs Mine
4/3/2008ATNA TECHNICAL REPORT RECOMMENDS DEVELOPMENT OF REWARD GOLD ...
3/11/2008(Jarbridge)Terminates Option Agreement at Jarbidge, Nevada
2/20/2008(Clover)Gold Intersected at Atna's Clover Project
1/8/2008(Pinson)Reports Progress at Pinson Gold Mine, Nevada
12/21/2007(Jarbridge) Completes First Phase of Drilling at Jarbidge, Nevada
11/16/2007(Clover) Meridian Gold Commences Drilling Atna's Clover Project
9/18/2007(Pinson)Reports Work Underway at Pinson Project
7/11/2007(Pinson)Increases Resource at Pinson
7/3/2007(Pinson)Reports Pinson Mining Company to Begin Work at Pinson Gold P...
6/14/2007(Jarbridge)Commences Drilling at Jarbidge, Nevada
Corporate news of Atna Resources Ltd
1/18/2016Atna Reports on 2015 Mining Operations
11/25/2015TSX Delisting Review - Atna Resources Ltd. (Symbol: ATN)
11/25/2015Atna Resources Ltd. To Be Delisted From TSX
8/4/2015Atna Resources Ltd. Reports Second Quarter 2015 Results
7/15/2015Atna Reports 75% Quarterly Increase in Pinson Gold Ore Shipm...
6/18/2015Atna Resources' CEO James Hesketh Interviewed by The Gold Re...
3/9/2015Atna Provides Update on Pinson Mine
1/15/2015Atna Reports Update on 2014 Operations and Provides Producti...
1/15/2015Reports Update on 2014 Operations and Provides Production Ta...
11/26/2014Atna Closes Sale of Reward and Clover Properties
11/17/2014Atna Announces Sale of Reward and Clover Properties for US$1...
11/12/2014Atna Reports Third Quarter 2014 Earnings and Operations Resu...
10/21/2014Atna Files NI 43-101 Technical Report for the Pinson Undergr...
10/21/2014(Pinson)Files NI 43-101 Technical Report for the Pinson Underground ...
10/14/2014Atna Provides Update on Pinson and Success of Long-Hole Mini...
9/15/2014Atna Provides Technical Report Results for the Pinson Underg...
9/4/2014Atna Provides Update on Pinson Production
8/22/2014Atna Announces Closing Of $2.0 Million Private Placement
8/22/2014Announces Closing Of $2.0 Million Private Placement
8/11/2014Atna Resources Ltd. Announces $2.0 Million Private Placement
8/11/2014. Announces $2.0 Million Private Placement
4/2/2014(Pinson)Commences Optimization Study on Pinson Underground
2/25/2014Increases Reward Gold Resource
1/31/2014(Ty)Announces $22,000,000 Secured Credit Facility
1/2/2014Makes Final Payment on Guaranteed Gold Participating Bonds
12/20/2013(Ty)Completes Amendment to Sprott Credit Facility
10/10/2013(Briggs)Briggs Mine Reports Strong Third Quarter Production Results
10/8/2013(Ty)Amends $17.5 Million Sprott Credit Facility
9/17/2013Reports Positive Metallurgical Studies on Mag Open Pit
9/10/2013. Announces $5.8 Million Bought Deal Private Placement
6/26/2013(Pinson)Suspends Operations at Pinson
6/26/2013(Pinson)Suspends Operations at Pinson
5/6/2013(Pinson)Increases Productivity at its Pinson Mine
4/25/2013Replaces Duplicated Table in its 2012 Annual MD&A
2/20/2013(Ty)Announces Annual General Meeting & Adoption of Advance Notic...
10/11/2012Drills 305 Feet Grading 0.074 oz/ton Gold at Columbia Gold P...
7/11/2012(Briggs)Provides Update on Briggs Operations
5/22/2012(Briggs)Completes New NI 43-101 Report on the Briggs Gold Mine
9/26/2011Rod Gloss Joins Atna Resources as Chief Financial Officer
9/2/2011Featured on CNBC
7/11/2011Options to Sell Three Canadian Properties
6/22/2011(Briggs)Completes Leach Pad Expansion at Briggs
6/20/2011(Briggs)North Main Briggs Zone Expanding
5/9/2011Announces Results of AGM
8/6/2010Announces Resignation of Director
7/5/2010Announces Gold Participating Bond Offering
5/18/2010To Our Shareholders...
4/15/2010Presents at European Gold Forum!
1/28/2010Provides Update on Exploration and Venture Projects
12/9/2009Announces Closing of Gold Participating Bond Offering
11/23/2009Announces Gold Participating Bond Offering
10/7/2009John Theobald Joins Atna's Board of Directors
8/7/2009Announces Changes to Board of Directors
6/2/2009Enters Into New Agreement in the Sand Creek Uranium Joint Ve...
12/19/2008Announces Management Changes and Option Grants
9/9/2008Accelerates Briggs Gold Mine Re-Start
9/4/2008Agrees to Sell Royalty Portfolio for US$20 Million
8/5/2008Reports 2nd Quarter Progress at Pinson Gold Project, Nevada
5/15/2008Reports AGM Results
5/14/2008Delays Filing Interim Financial Statements Due To Recent Mer...
5/6/2008Reminds Shareholders of its Annual General Meeting and Web C...
3/19/2008 and Canyon Announce Closing of Merger
3/13/2008Canyon Stockholders Approve Agreement and Plan of Merger wit...
3/7/2008Announces Postponement of Canyon Shareholders Meeting Relati...
3/3/2008Underground Drifting Commences at Pinson Mine, Nevada
2/28/2008President and CEO Interview
1/23/2008Advances Towards Merging With Canyon Resources
11/19/2007Correction - Atna and Canyon Agree to Merge
11/19/2007 Agree to Merge
6/6/2007Completes Drilling at Beowawe Project, Nevada
4/28/2007Reports AGM Results
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (ATN.TO)Other OTC (ATNAF)
0.050+0.00%0.068-19.55%
TORONTO
CA$ 0.050
12/29 15:55 -
0%
Prev close Open
0.050 0.050
Low High
0.050 0.050
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.050 -%
Volume 1 month var.
147,201 -%
24hGold TrendPower© : -27
Produces Gold
Develops Copper - Gold - Lead - Silver - Zinc
Explores for Copper - Gold - Lead - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/9/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.26+2.68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64-1.86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :