Hudson Resources Inc.

Hudson Resources Inc. reports that it has entered into an amendment agreement with Cordiant Capital Inc. and Apex Asset Management AG to extend the maturity date of its US$10 million six month bridge loan facility to July 22, 2020. The Company announced on June 11, 2020, that it has reached an agreement in principle with the Lenders to restructure the outstanding debt on the White Mountain anorthosite mine and to [...]

Hudson Resources Inc. reports that it has entered into an amendment agreement with Cordiant Capital Inc. and Apex Asset Management AG to extend the maturity date of its US$10 million six month bridge loan facility to June 30, 2020. As previously announced on June 11, 2020, the Company has reached an agreement in principle with the Lenders to restructure the outstanding debt on the White Mountain Anorthosite mine and [...]

Hudson Resources Inc. is pleased to announce that it has reached an agreement in principle with Cordiant Capital and Apex Asset Management AG to restructure the outstanding debt on the White Mountain Anorthosite mine and to provide an injection of working capital into Hudson Greenland A/S to ensure the stability of the mine going forward. The details of a definitive agreement are currently being finalized and the [...]

Hudson Resources Inc. – TSX Venture Exchange “HUD”; OTC “HUDRF”) owns and operates the White Mountain anorthosite mine in Greenland through its wholly owned subsidiary, Hudson Greenland A/S. Hudson Resources also holds the Sarfartoq rare earth element and niobium exploration license in Greenland. In response to the Covid-19 pandemic, the Government of Greenland recently announced that it will be providing emergency [...]

Hudson Resources Inc. – TSX Venture Exchange “HUD”; OTC “HUDRF”) owns and operates the White Mountain anorthosite mine in Greenland through its wholly owned subsidiary, Hudson Greenland A/S. Hudson Resources also holds the Sarfartoq rare earth element and niobium exploration license in Greenland. In response to the Covid-19 pandemic, Hudson is implementing a revised operational plan to [...]

Hudson Resources Inc. – is pleased to report that it has been granted a new exploration license covering the Sarfartoq Carbonatite Complex in Western Greenland which hosts the Company’s Rare Earth Element and niobium projects and has a strike length of approximately 30km. The license is 35 km from the Company’s White Mountain anorthosite mine and 20km from tidewater. The new license significantly [...]

Hudson Resources Inc. – reports that it has entered into definitive agreements with its existing lenders, Cordiant Capital Inc. and its affiliates , and Romeo Fund – Flexi and its affiliates , with respect to an additional US$10 million six month bridge loan facility designed to facilitate completion of deliveries to lead customers and completion of its strategic process announced earlier in 2019 . The [...]

Hudson Resources Inc. is pleased to announce that it has received the first purchase order for its GreenSpar anorthosite product. Last week the company received a purchase order for 5,000 metric tonnes of GreenSpar. Deliveries from the Savannah warehouse are commencing this week. With regard to Greenland operations there is a significant volume of new product in the warehouse. As winter approaches a decision has been [...]

Hudson Resources Inc. Hudson Resources Inc. reports that the unloading of its first shipment of GreenSpar anorthosite in the Port of Charleston, SC, as reported on August 30th , was terminated before completion for reasons outside the Company’s control. The Company did manage to unload the heavy equipment and 56 tonnes of low iron dust product stored in bulk bags, but it was unable to unload the dry bulk [...]

Hudson Resources Inc. is pleased to announce that the MV Happy Dragon has arrived at the Carver Maritime port facility in Charleston, South Carolina. The ship will be unloading for the next 3-5 days where the material will be stored in a warehouse for transloading to customers. Hudson is also happy to have hosted the leaders from the Qeqqata Kommunia for the opening of the White Mountain Anorthosite mine on August [...]