Sacre-Coeur Minerals Ltd.

Sacre-Coeur today announced that it has appointed Mr. John B. Malysa, B.Sc., MBA, P.Eng., as an interim Director until he stands for election by the shareholders at the Company's next AGM in 2014. The board has also voted unanimously to appoint Mr. Malysa as a member of its Compensation Committee and its Corporate Governance Committee. In addition, Dr. Edward A. Schiller, P.Geol., has now retired as a Director [...]

Sacre-Coeur announced the closing of the first tranche of a non-brokered private placement of unsecured convertible notes, previously announced on October 18, 2013, which has raised gross proceeds of $100,000. The Notes bear interest at a rate of 12% per annum, and will mature on November 8, 2016. The Notes and, subject to regulatory approval, any interest accrued thereon, are convertible into common shares of the [...]

Sacre-Coeur today announced that it has obtained Bondholder consent, by way of an extraordinary resolution, to restructure the agreement for delivery of ETF units for amortization over the remaining term of the gold participation bonds issued by its wholly-owned subsidiary, Sacre-Coeur Minerals (Jersey) Limited, under a trust deed dated January 15, 2013, as amended.

Under the terms of the restructuring, the [...]

Sacre-Coeur today announced that it is arranging, subject to regulatory approval, a non-brokered private placement of unsecured subordinated convertible notes. The first Note in the amount of $100,000 has been placed. Proceeds will be used to supplement working capital until closing of the previously announced $10 million royalty financing. Further, as previously announced, the Company is proposing to amend the terms [...]

Sacre-Coeur today announced that it is seeking to restructure the agreement for delivery of ETF units for amortization over the remaining term of the gold participation bonds issued by its wholly-owned subsidiary, Sacre-Coeur Minerals Limited, under a trust deed dated January 15, 2013, as amended. The Issuer has proposed to reduce the effective conversion price for the outstanding principal balance of US$5,379,500 of [...]

Sacre-Coeur today announced that it has received a definitive term sheet for a US $10 million financing to be structured as an interest free secured loan converting to a royalty interest in production from the Company's Million Mountain block of properties located in central Guyana, South America. Conversion to a royalty interest and concurrent release of the lender's security interest is linked to the Company [...]

Sacre-Coeur today announced that it has received from its feasibility contractor, Tetra Tech, assays for core holes drilled into the Company's NI 43-101 compliant Million Mountain Zone 1 resource body located in Guyana, South America. The holes were drilled to collect samples for metallurgical testing in support of the feasibility study which is currently underway. A total of six HQ core holes were drilled vertically [...]

Sacre-Coeur is pleased to announce the selection of Tetra Tech to lead its NI 43-101 compliant feasibility study for development of the Company's Million Mountain Zone 1 resource located in the Mazaruni Mining District No. 3 of Guyana, South America. In addition, the Company has engaged Resource Development Inc. ("RDi") and Met-Solve Laboratories Inc. ("Met-Solve"), two highly qualified metallurgical labs, to assist [...]

Sacre-Coeur Minerals announces that it has granted, subject to any necessary regulatory approvals, incentive stock options to purchase up to an aggregate of 2,075,000 common shares of the Company's Common Stock to six of its directors and officers. The options are exercisable for a term of three years at the price of CAD $0.25 per share, which represents a 20% premium to the Company's closing stock price on February [...]

Sacre-Coeur today announced that it has engaged Mr. Ryan Carpel as its Investor Relations Coordinator for an initial term of one year. Mr. Carpel has more than 15 years of experience in capital markets. Having worked both the buy and sell side of the institutional marketplace at Terra Nova Trading, Nite Capital Management, Next Generation Equity Research and most recently, J.P. Morgan Securities, he is thoroughly [...]