Mines D'Or Orbec Inc.
Search documents
Lodestar Metals Strengthens Board with Appointment of David Christie as Chairman of the Company
TMX Newsfile· 2026-01-09 12:35
Core Insights - Lodestar Metals Corp. has appointed David Christie as Chairman, bringing extensive experience in mining and capital markets to the role [2][4] Group 1: Leadership Appointment - David Christie has been recognized for his technical expertise and corporate development leadership, which aligns with the company's goal of becoming a high-impact exploration firm [2] - Christie has a strong conviction in Lodestar's assets and strategy, particularly highlighting the Goldrun Project's advantageous location on a major Carlin-style gold trend [2][4] - His previous roles include significant positions at Globex Mining Enterprises Inc. and Orford Mining Corp, showcasing a robust background in mining finance and exploration [2] Group 2: Stock Options - The company has granted a total of 1,600,000 stock options to its directors, officers, and consultants, exercisable at $0.15 per common share with a five-year term [3] Group 3: Company Overview - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, strategically located near some of North America's largest gold deposits [4] - The company's strategy emphasizes a disciplined approach to discovery, focusing capital on high-value targets and building a compliant gold resource [4]
IAMGOLD (IAG) Completes Two Acquisitions
Yahoo Finance· 2025-12-29 14:56
Core Insights - IAMGOLD Corporation has made significant acquisitions, enhancing its position in the gold mining sector [1][2][3] Group 1: Acquisitions - On December 22, IAMGOLD Corporation announced the acquisition of all common shares of Mines D'Or Orbec Inc, adding the Muus Project to its portfolio [1] - On December 19, IAMGOLD completed the acquisition of Northern Superior Resources Inc, making it a wholly-owned subsidiary [2] - The acquisition of Northern Superior adds key deposits such as Philibert, Chevrier, and Croteau, forming the "Nelligan Mining Complex," which has Measured and Indicated Mineral Resources of 3.75 million ounces and Inferred Mineral Resources of 8.65 million ounces [3] Group 2: Project Synergy - The primary deposits from the acquisitions are located close to each other, supporting a plan for a central processing facility that would utilize multiple ore sources within a 17-kilometre radius [4] - IAMGOLD is positioned as a Canadian intermediate gold producer and developer with operations in North America and West Africa [4]
IAMGOLD Announces Closing of Mines D'Or Orbec Acquisition
TMX Newsfile· 2025-12-22 22:00
Core Viewpoint - IAMGOLD Corporation has successfully completed the acquisition of Mines D'Or Orbec Inc., enhancing its position in the gold mining sector and expanding its exploration capabilities in Quebec, Canada [2][3]. Company Overview - IAMGOLD is an intermediate gold producer and developer based in Canada, with operating mines in North America and West Africa, including Côté Gold, Westwood, and Essakane [4]. - The Côté Gold Mine achieved full nameplate capacity in June 2025 and is expected to be one of the largest gold mines in Canada [4]. - The company employs approximately 3,700 people and is committed to high standards of Environmental, Social, and Governance practices [4]. Acquisition Details - The acquisition of Orbec and the Muus Project is expected to provide additional potential within IAMGOLD's newly formed Nelligan Mining Complex, which is now among the largest pre-production gold projects in Canada [3]. - The Muus Project is strategically located at the intersection of two significant mineralized structures, enhancing exploration opportunities [3]. Future Plans - IAMGOLD plans to initiate an expanded exploration program in the region next year, focusing on the newly acquired assets [3].
IAMGOLD Corporation Completes Acquisition of Mines D'Or Orbec Inc.
TMX Newsfile· 2025-12-22 16:49
Core Viewpoint - Mines D'Or Orbec Inc. has successfully completed a plan of arrangement with IAMGOLD Corporation, resulting in IAMGOLD acquiring all outstanding shares of Orbec, making it a wholly-owned subsidiary [1][2]. Transaction Details - IAMGOLD acquired all issued and outstanding common shares of Orbec at a total consideration of C$0.125 per Orbec Share, which includes 0.003466 of IAMGOLD common shares and C$0.0625 in cash per Orbec Share [2]. - In-the-money Orbec Options and Warrants were surrendered for cash payments based on the difference between their exercise prices and C$0.125, while out-of-the-money options and warrants were cancelled without payment [3][4]. Delisting and Reporting Status - Orbec Shares will be delisted from the TSX Venture Exchange and removed from the OTC Pink Limited Market, with an application to cease being a reporting issuer in British Columbia, Alberta, and Ontario [5]. Company Overview - Mines D'Or Orbec Inc. is a gold company with a significant mineral claim position near Chibougamau, Québec, covering approximately 25,250 hectares in the Abitibi Greenstone Belt, and is adjacent to IAMGOLD's Nelligan Gold Project [6]. - The exploration of the Muus Gold Project will continue in collaboration with IAMGOLD, which previously held about 9.9% of Orbec [6].
Ontario Superior Court of Justice Grants Final Order to Mines D'Or Orbec Inc. Approving Acquisition by IAMGOLD Corporation
TMX Newsfile· 2025-12-18 21:01
Core Viewpoint - Mines D'Or Orbec Inc. has received final court approval for its arrangement with IAMGOLD Corporation, which will result in IAMGOLD acquiring all outstanding common shares of Orbec [1][2]. Group 1: Arrangement Details - The Ontario Superior Court of Justice has issued a final order approving the plan of arrangement under the Business Corporations Act (Ontario) [1]. - The arrangement is expected to be completed by December 22, 2025, subject to the satisfaction or waiver of remaining conditions outlined in the arrangement agreement dated October 19, 2025 [2]. Group 2: Company Background - Mines D'Or Orbec Inc. is a gold company that owns 100% of a mineral claim position near Chibougamau, Québec, covering approximately 25,250 hectares in the Abitibi Greenstone Belt [5]. - The Muus Project is prospective for gold mineralization and is adjacent to IAMGOLD's Nelligan Gold Project, with exploration advancing in collaboration with IAMGOLD, which holds about 9.9% of Orbec [5].
Mines D'Or Orbec Inc. Securityholders Approve Acquisition by IAMGOLD Corporation
TMX Newsfile· 2025-12-15 21:00
Core Viewpoint - Mines D'Or Orbec Inc. has received overwhelming approval from its securityholders for the acquisition by IAMGOLD Corporation, indicating strong support for the proposed arrangement [1][2]. Group 1: Acquisition Details - The special resolution for the acquisition was approved by 99.96% of votes from shareholders present or represented by proxy [2]. - Under the arrangement, shareholders will receive a total consideration of $0.125 per Orbec share, which includes 0.003466 of a common share of IAMGOLD and $0.0625 in cash for each Orbec share [3]. - The arrangement is expected to close around December 22, 2025, pending the satisfaction of all conditions [5]. Group 2: Shareholder Participation - A total of 58,372,757 votes were cast by shareholders, representing approximately 53.59% of all issued and outstanding Orbec shares as of the record date [2]. - The approval also included 99.97% of votes from shareholders, optionholders, and warrantholders voting as a single class [2]. Group 3: Future Steps - Orbec will seek a final order from the Ontario Superior Court of Justice to approve the arrangement, with a hearing expected on or about December 18, 2025 [5]. - Further details regarding the arrangement and payment procedures are available in the company's management information circular dated November 10, 2025 [4]. Group 4: Company Background - Mines D'Or Orbec Inc. owns 100% of a mineral claim position near Chibougamau, Québec, covering approximately 25,250 hectares and is prospective for gold mineralization [6]. - The company is collaborating with IAMGOLD on the exploration of the Muus Gold Project, which is adjacent to IAMGOLD's Nelligan Gold Project [6].
Mines D'Or Orbec Inc. (BLUE:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Seeking Alpha· 2025-12-15 16:59
Group 1 - The meeting is a Special Meeting of Securityholders of Mines D'Or Orbec Inc. [1] - The meeting is being recorded, and participants consent to the recording and use of personal information disclosed during the meeting [1] - Participants must obtain required consents before disclosing personal information of others [1] Group 2 - John Tait is the Chair of the meeting [2]
Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results
MoneySense· 2025-10-31 05:50
Transaction Details - Northern Superior's shareholders will receive 0.0991 of an Iamgold share and 19 cents in cash for each common share, valuing Northern Superior shares at $2.05 based on Iamgold's closing price on October 17 [1] - Iamgold will also distribute all shares in ONGold Resources Ltd. currently held by Northern Superior to its shareholders [1] - Iamgold will acquire Mines D'Or Orbec Inc. in a stock-and-cash deal valued at $17.2 million, with Orbec shareholders receiving 6.25 cents and 0.003466 of an Iamgold share for each share held, equating to a value of 12.5 cents per share [2] Parkland Corp. Financial Performance - Parkland Corp. reported a third-quarter profit of $129 million, an increase from $91 million a year ago, with profit per diluted share rising to 73 cents from 52 cents [4][9] - On an adjusted basis, Parkland earned $1.02 per diluted share compared to 60 cents in the same quarter last year [5] - Sales and operating revenue totaled $7.35 billion, up from $7.13 billion a year earlier [5] Wealthsimple Capital Raise - Wealthsimple is raising up to $750 million in capital to accelerate growth, which will bring its valuation to $10 billion upon completion [8] - The equity round includes a $550 million primary offering and a secondary offering of up to $200 million, co-led by Dragoneer Investment Group and GIC [8][9] - Wealthsimple's assets under administration reached $100 billion, roughly doubling from a year ago [10] Cameco and Brookfield Partnership - Cameco shares rose over 20% following a partnership agreement with Brookfield Asset Management to help build nuclear reactors in the U.S. [11] - The U.S. government will arrange financing and facilitate approvals for at least $80 billion worth of new Westinghouse nuclear reactors [12] - Cameco's CEO highlighted the expected growth in demand for nuclear power and the role of Westinghouse's reactor technologies in expanding nuclear capacity [13]
IAMGOLD Acquires Mines D’Or Orbec to Consolidate Quebec Land Position and Expand Gold Resources
Yahoo Finance· 2025-10-29 15:57
Core Insights - IAMGOLD Corporation has signed a definitive agreement to acquire all outstanding common shares of Mines D'Or Orbec Inc. to consolidate its land position in Quebec's Chibougamau region [1] - The acquisition aims to add the Muus Project, which is adjacent to IAMGOLD's existing Nelligan and Monster Lake assets, enhancing its exploration potential [1][3] Group 1: Acquisition Details - The Muus Project adds 24,979 hectares of mineral rights, increasing IAMGOLD's total property in the area to 38,403 hectares [2] - The project is strategically located at the intersection of two significant deformation zones, enhancing its geological potential [2] Group 2: Resource Expansion - The combined Nelligan and Monster Lake Projects hold estimated Measured and Indicated Mineral Resources of 3.2 million ounces of gold and Inferred Mineral Resources of 5.6 million ounces of gold [3] - IAMGOLD plans to expand its exploration program in the region, focusing on extending mineralization at both Nelligan and Monster Lake [3]
Mines D'Or Orbec Announces First Batch of Assay Results from Summer 2025 Drill Campaign at Lac Bernard Sud Shows Promising Gold-Bearing Mineralization with Geologic Similarities to Adjacent Large Nelligan Discovery
Newsfile· 2025-09-11 17:39
Core Insights - Mines D'Or Orbec Inc. has announced promising preliminary results from its first drill campaign at the Lac Bernard Sud anomaly, indicating significant gold-bearing mineralization with geological similarities to the adjacent Nelligan gold deposit [1][2][3] Summary by Sections Drill Results - The initial results from the seven-hole drill program at Lac Bernard Sud show a sediment-hosted mineralized zone, exceeding the company's targets for the year [2][4] - The best results include a 16 to 18 meter zone of highly anomalous gold with grades ranging from 0.15g/t Au to 0.20g/t Au, with further drilling required to confirm continuity [6][7] Geological Context - The geological setting at Lac Bernard Sud shares strong similarities with IAMGold's Nelligan Discovery, which has an indicated mineral resource of 3.1 million ounces of gold [3] - The presence of silicification, pyrite, and arsenopyrite suggests that Lac Bernard Sud is an orogenic gold system, which is significant for potential gold mineralization [3][5] Future Plans - The company plans to conduct further drilling to expand and test the continuity of the mineralization, with a focus on higher grades [4][16] - Additional assay results from other drill holes and surface sampling are expected in the coming weeks, which will provide further insights into the mineralization potential [2][5] Company Overview - Mines D'Or Orbec Inc. owns 100% of the Muus Property, covering approximately 25,250 hectares in the Abitibi Greenstone Belt, which is prospective for gold mineralization [18] - The company is collaborating with IAMGOLD, which holds a 9.9% stake in Orbec, leveraging IAMGOLD's regional expertise [18]