Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Farallon Mining Ltd.

Publié le 13 mai 2008

ANNOUNCES $80 MILLION SILVER SALE AGREEMENT WITH SILVER WHEATON

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Copper | G Mexico | Zinc |
May 13, 2008, Vancouver, BC - Dick Whittington, President and CEO of Farallon Resources Ltd. (TSX:FAN; OTCBB:FRLLF) ("Farallon" or the "Company"), is pleased to announce that the Company and its wholly owned subsidiaries have entered into an arrangement with a subsidiary company of Silver Wheaton Corp. (�Silver Wheaton�) to sell up to 75% of the silver produced from the Campo Morado polymetallic (zinc, gold, silver, copper, lead) project in Guerrero State, Mexico.

Under the agreement, Silver Wheaton will pay $80 million in cash to Farallon in the following stages: a $15 million payment upon signing, a $15 million payment upon the completion of certain formalities in Mexico (expected to take one week) and a $50 million payment in a series of pre-arranged installments over the next few months. Upon delivery of the silver, Silver Wheaton will also pay Farallon a fixed price payment per ounce of silver produced equal to the lesser of $3.90 and the spot price at the time of sale (subject to a 1% annual adjustment starting in the third year of silver production).

A portion of the funds from Silver Wheaton will be used to retire the Company�s Bridge Facility, with the balance used for the completion of construction and startup working capital for the Company�s G-9 Project.

The Company's financing plan, as outlined in Farallon's March 21, 2007 news release, which mandated NM Rothschild and Sons Limited to arrange a US$70 million facility, is unchanged.

To view this news release in its entirety please clicks on the links below or copy and past it into your web browser.

http://www.farallonresources.com/fan/NewsReleases.asp?ReportID=301093

If you have any questions do not hesitate to contact us as provided below.

Best Regards,

Investor Services
Hunter Dickinson Inc.
Toll Free 1-800-667-2114
Main 1-604-684-6365
info@hdgold.com
www.hdgold.com


If you no longer wish to be on Farallon�s email distribution list, simply reply to this email with �Remove FAN� in the subject line.

*Other HDI affiliated companies include Amarc, Anooraq, Detour, Farallon, Continental, Northern Dynasty, Rockwell, and Taseko. Visit us at www.hdgold.com for more information. To be removed from all of HDI�s email lists please reply to this email with �Remove All� in the subject line.

.

Farallon Mining Ltd.

CODE : FAN.TO
ISIN : CA30739T1012
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Farallon est une société développant des projet miniers basée au Canada.

Farallon est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 377,7 millions CA$ (381,1 millions US$, 284,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 1998 à 5,05 CA$, et son plus bas niveau récent le 14 novembre 2008 à 0,10 CA$.

Farallon possède 478 154 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de Farallon Mining Ltd.
Annual report 2007
Financements de Farallon Mining Ltd.
15/01/2008ANNOUNCES CLOSING OF PUBLIC OFFERING AND COMPLETION OF PRIVA...
27/11/2007ANNOUNCES BOUGHT-DEAL PUBLIC OFFERING & PRIVATE PLACEMENT FI...
Nominations de Farallon Mining Ltd.
02/08/2007 ANNOUNCES KEY STAFF APPOINTMENTS INCLUDING GENERAL MANAGER
Rapports Financiers de Farallon Mining Ltd.
16/11/2009ANNOUNCES THIRD QUARTER OPERATING AND FINANCIAL RESULTS
12/08/2009Positive Cash Flow from G-9 Mining Operations Second Quarter...
07/08/2009Second Quarter Results
Projets de Farallon Mining Ltd.
09/05/2008(Campo Morado)ANNOUNCES ADDITIONAL G-9 DRILL RESULTS:
21/01/2008(Campo Morado)RESUMES DRILLING AT G-9 DEPOSIT
Communiqués de Presse de Farallon Mining Ltd.
19/08/2010Announces Extension of Zinc and Copper Concentrates Contract...
09/02/2009Mexican Prosecutor Rules on Criminal Misconduct Case Finds N...
26/05/2008Finalizes Agreement With Silver Wheaton, Retires Bridge Fina...
14/05/2008SECURES $3.8 MILLION LOAN
13/05/2008ANNOUNCES $80 MILLION SILVER SALE AGREEMENT WITH SILVER WHEA...
01/05/2008ANNOUNCES BEST DRILL RESULTS TO DATE AT G-9 DEPOSIT:
23/04/2008ANNOUNCES SIGNING OF AGREEMENT TO INCREASE BRIDGE FACILITY T...
19/03/2008PROVIDES UPDATE ON BANKING ARRANGEMENTS
11/03/2008PROVIDES LEGAL UPDATE
23/04/2007RECEIVES MINE PERMIT FOR G-9 DEPOSIT AT CAMPO MORADO
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TORONTO (FAN.TO)FRANKFURT (FB2.F)
0,790+0.00%0,600+5.26%
Dernières informations avant suppression de la cote
Cours préc. Ouverture
0,790 0,790
Bas haut
0,790 0,800
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,790 -%
Volume var. 1 mois
112 574 -%
Produit
Développe
Recherche
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 09/04/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
8,08 AU$-1,58%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
3,08 AU$+4,76%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,84 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
0,50 US$-3,27%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,70 GBX-4,39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,02 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
3,40 CA$-7,36%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
10,65 CA$-1,30%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,30 CA$+1,72%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,28 AU$+3,64%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,76 CA$-2,22%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
69,92 US$+0,59%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :