Articles Tagged "mineral fields group"

Canadian Orebodies:Acquires Interest in Zigzag Property

Canadian Orebodies Inc. (TSX VENTURE:CO) reported that the company has entered into an Option Agreement with Ultra Lithium Inc. and the underlying property owners to acquire an 80% legal and beneficial interest (subject to a 2% NSR retained by the Owners, 50% of which can be purchased by Orebodies for $1,000,000) in the Zigzag Lithium, Tantalum, Beryllium, Gallium property.

AMG Affiliate Timminco Announces Update on Credit Facility

AMG Advanced Metallurgical Group N.V.'s (EURONEXT AMSTERDAM: AMG) 42.5% owned affiliate, Timminco Limited (TSX: TIM) reported that its senior secured lender has agreed to eliminate the requirement for an additional $5 million of minimum availability reserve that would have become effective as of March 1, 2010.