Rainy River Resources today announces the appointment of six new officers: Robert Gallagher, President and Chief Executive Officer; Brian Penny, Chief Financial Officer; Lisa Damiani, Vice President and Secretary; Hannes Portmann, Vice President; Barry O'Shea, Vice President; and Martin Wallace, Treasurer. The newly appointed officers will replace the majority of Rainy River's previous group of senior officers. New [...]
S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Rainy River Resources have accepted a takeover bid from New Gold. Rainy River shareholders will receive either one-half share of New Gold or $CDN3.83 cash for each share held. Rainy River will be removed from the S&P/TSX Global Mining, Global Gold and SmallCap Indices after the close of trading [...]
New Gold and Rainy River Resources today jointly announce that, as of 5:00 p.m. on July 24, 2013, 89.2 million common shares of Rainy River had been validly deposited to New Gold's offer to acquire all of the outstanding shares of Rainy River. New Gold has taken up and accepted for payment all of such shares, representing 86.2% of the outstanding shares. New Gold will pay for the shares on or before July 29. Rainy [...]
The Métis Nation of Ontario and Rainy River Resources are pleased to announce that they have signed a Memorandum of Understandingto guide their working relationship in regard to the development of the Rainy River Gold Project in the Township of Chapple, approximately 65 kilometers northwest of Fort Frances. "The MNO is pleased with the positive relationship-building efforts that Rainy River has demonstrated by [...]
(All figures are in Canadian dollars unless otherwise indicated)VANCOUVER, June 18, 2013 /CNW/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) and Rainy River Resources Ltd. ("Rainy River") (TSX:RR) today jointly announce that New Gold has formally commenced its previously announced take-over bid (the "Offer") to acquire all of the outstanding common shares of Rainy River at a price of $3.83 per share. The [...]
New Gold and Rainy River today jointly announce that they have entered into a definitive acquisition agreement, whereby New Gold will offer to acquire all of the outstanding common shares of Rainy River through a friendly take-over bid. Under the terms of the Agreement, New Gold will offer, at the election of each holder of Rainy River common shares,
Rainy River Resources announces the voting results from its Annual and Special General Meeting of shareholders, held on May 28, 2013. During the regular business proceedings of the meeting, shareholders elected seven directors to the board of the Company and approved the following other resolutions, as follows: 1. The election of all the directors listed as nominees in Management's Information Circular dated April [...]
Rainy River is pleased to announce that it has made significant progress on key aspects of the development of its namesake Rainy River Gold Project. Details are provided below: Technical: The Company has filed on SEDAR a Technical Report dated May 23, 2013 and entitled "Feasibility Study of the Rainy River Gold Project, as summarized in the Company's press release of April 10, 2013, in compliance with National [...]
RR.TSXTORONTO, May 14, 2013 /CNW/ - Rainy River Resources Ltd. ("Rainy River" or the "Company" (RR.TSX)) is pleased to announce further assay results from the Intrepid Zone ("Intrepid") at the Rainy River Gold Project ("RRGP") in northwestern Ontario. Results are summarized in Table 1.HIGHLIGHTS Infill drill hole NR131525 intersected 3.2 grams per tonne ("g/t") gold and 16.0 g/t silver over 25.5 metres, at a [...]
Rainy River Resources is pleased to announce receipt of a positive Feasibility Study for its 100% owned Rainy River Gold Project in northwestern Ontario, Canada. The information presented below summarizes the results of the FS for a mine and processing scenario based on the October 10, 2012 National Instrument 43-101 mineral resource estimate, which includes assay data up to June 10, 2012. All currency amounts [...]
Rainy River Resources Ltd. is pleased to announce that it will hold its Annual General Meeting of shareholders on Tuesday, May 28, 2013 at 5:00 p.m. at the TMX Gallery, located at The Exchange Tower, 130 King Street West, Toronto, Ontario. The record date for shareholders entitled to vote at the AGM is April 19, 2013.
Rainy River Resources is pleased to announce further assay results from the Intrepid Zone at the Rainy River Gold Project in northwestern Ontario. Results are summarized in Table 1. HIGHLIGHTS Infill drill hole NR131523 intersected 15.5 g/tgold and 86.6 g/t silver over 9.0 metres, at a vertical depth of 245 metres, including 21.9 g/t gold and 119.2 g/t silver over 6.0 metres.Infill drill hole NR131506 intersected [...]
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