Articles Tagged "TSXV:NRT"

Big North Graphite Excercises Option on Grand Lac du Nord Project

Graphite – Big North Graphite (TSXV:NRT) announced it had excercised its option to acquire a 100 percent interest in the Grand Lac du Nord graphite property in eastern Quebec from Zimtu Capital Corp. and three of its prospective partners. As part of the option, Big North previously issued an aggregate of 3 million common shares, paying $80,000 and incurring $150,000 in exploration expenditures.

Flinders Resources and Big North Graphite to Extend Merger Due Diligence

Graphite – Big North Graphite (TSXV:NRT) and Flinders Resources Limited (TSXV:FDR) have agreed to extend the due diligence period to November 30 2014, further to a joint news release dated October 21 2014. The extension is necessary to allow for additional time to finalize key due diligence matters and to enter into a definitive agreement.

Flinders-Big North Deal Could Spur Consolidation, Higher Prices: Chris Berry

Graphite – Chris Berry published a report on Flinders Resources Ltd.'s (TSXV:FDR) proposed acquisition of Big North Graphite Corp. (TSXV:NRT), commenting that it "appears to be the spark necessary to ignite consolidation and eventually higher prices in the Energy Metals space."

Flinders to Acquire Big North Graphite

Graphite – Big North Graphite (TSXV:NRT), together with Flinders Resources Limited (TSXV:FDR) have entered a binding letter of intent whereby Flinders will acquire all issued and outstanding shares of Big North via a plan of arrangement under the Business Corporations Act of British Columbia. Big North will become a 100 percent owned subsidiary of Flinders upon completion of the arrangement.

Big North Graphite to Reactivate Permits at el Tejon Mine and Mill

Graphite – Big North Graphite Corp. (TSXV:NRT,OTC:BNCIF) announced that it plans to reactivate all permits needed to re-start operations at its El Tejon flake graphite mine and mill located in Mexico. The permitting consultants engaged to start the process, Gestion Ambiental Omega SC, expect to have all permits in place within roughly six months.