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Thu Jun 19, 2008
MPH Ventures Significantly Extends Length of Pidgeon Molybdenum Deposit in NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") is pleased to announce an update regarding the Company's phase 2 drill program on its 100 percent-owned Pidgeon Molybdenum Deposit project located at the east end of Lateral Lake near the town of Dryden, Northwestern Ontario.
The Pidgeon... (7 KB) |
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Mon Jun 16, 2008
Non Flow-Through Private Placement Announced
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces it has arranged a non-brokered private placement of up to 5,000,000 units at a price of $0.20 per unit to raise gross proceeds of up to $1,000,000. Each unit consists of one common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one common share for a period of two years at a price of $0.22 per share.
The Company may pay up to a 7.5% finder'... (2 KB) |
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Mon Jun 2, 2008
Phase 2 Drilling Commences on Pidgeon Molybdenum Deposit in NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") is pleased to announce a drill rig has been mobilized onto the Company's 100% owned Pidgeon Molybdenum Deposit project located at the east end of Lateral Lake near Dryden in NW Ontario and the next phase of drilling has commenced.
The p... (5 KB) |
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Fri May 23, 2008
Incentive Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 429,080 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.17 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual General Mee... (2 KB) |
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Thu May 22, 2008
MPH Ventures Closes 3rd Private Placement
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announced that it has issued a total of 90,000 units pursuant to the final third tranche closing of a flow-through private placement originally announced April 7, 2008.
A total of 90,000 flow-through units were issued at a purchase price of $0.20 per unit. Each flow-through unit consists of one common share, issued on a flow-through basis under the Income Tax Act (Canada), and one common share purchase warran... (2 KB) |
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Fri May 9, 2008
MPH Ventures closes private placement
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announced that it has issued a total of 275,000 units pursuant to the second tranche closing of a flow-through private placement and a non-flow-through private placement (collectively, the "Private Placements") originally announced April 7, 2008.
A total of 225,000 flow-through units and 50,000 non-flow-through units were issued, in each case at a purchase price of $0.20 per unit. Each flow-through unit consists of... (3 KB) |
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Fri May 2, 2008
MPH Ventures Not to Proceed with Option Agreement for Mineral Concessions Located in Ecuador
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announce that the Company will no longer be proceeding with its Option Agreement with Lateegra Gold Corp. ("Lateegra") regarding certain mineral concessions located in Ecuador.
Recently, the government of Ecuador has cancelled most of the mineral concessions in the country and suspended all operations within the country for at least 180 days.
As a consequence of the actions of the Ecuadorian government, i... (4 KB) |
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Thu May 1, 2008
Private Placements Closes with MineralFields Group and Others
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces that it has issued a total of 2,970,000 units pursuant to the first tranche closing of a flow-through private placement and a non-flow-through private placement originally announced April 7, 2008.
A total of 2,000,000 flow-through units and 970,000 non-flow-through units were issued, in each case at $0.20 per unit. Each flow-through unit consists of one flow-through common share and one share purc... (5 KB) |
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Mon Apr 28, 2008
Phase 2 Drilling to Begin on Pidgeon Molybdenum Deposit in NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") is pleased to announce a drill rig has been secured to start the next phase of drilling on the Company's 100% owned Pidgeon Molybdenum Deposit project located at the east end of Lateral Lake near Dryden in NW Ontario. The project has an all weather logging road running through the property to the CN Railway 20 km to the north. There is also a major power line running through the property.
... (5 KB) |
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Mon Apr 7, 2008
Non Flow-Through and Flow-Through Private Placements Announced, Previous Private Placement Cancelled
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces it has arranged a non-brokered private placement of up to 2,000,000 non flow-through unit at a price of $0.20 per unit to raise gross proceeds of up to $400,000. Each non flow-through units consists of one non flow-through common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one non flow-through common share for a period of two years at a pri... (3 KB) |
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Wed Mar 26, 2008
Significant Strike Extensions Indicated at Pidgeon Molybdenum Deposit in NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces it has received assay results from diamond drill holes 11, 12, 13, and 14 of the 3,000 metres Phase I drilling program, completed Feb. 28, 2008, at its 100% owned Pidgeon Molybdenum Deposit Project located in NW Ontario.
A total of 16 drill holes were completed in the Phase I program. The first 10 holes, which were previously reported (PM07-1 to PM08-10), all returned significant molybdenum mineral... (9 KB) |
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Fri Mar 14, 2008
Non Flow-Through Private Placement Announced, Flow-Through Private Placement Cancelled
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that it will not be proceeding with its 2,000,000 flow-through unit private placement as previously announced.
The Company will be proceeding with a non-brokered private placement of up to 2,000,000 non flow-through units at a price of $0.25 per unit to raise gross proceeds of up to $500,000. Each non flow-through unit consists of one non flow-through common share and one non-transferable share purchase warrant... (2 KB) |
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Thu Mar 6, 2008
Results from IP and Magnetics Survey Completed on M-10 Gold, Copper and Molybdenum Concession in Ecuador
Vancouver, BC - March 05, 2008 - Allen Cole, Vice President of Exploration for MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces results from the IP Chargeability / Resistivity and Magnetometer survey completed on its M-10 concession in the Pinchincha Province of Ecuador. The 5,600 hectare M-10 property lies 50 km west of the capital Quito, Ecuador.
Two significant IP Chargeability / Resistivity anomalies and one magnetic anomaly were defined on the North Grid of t... (6 KB) |
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Mon Mar 3, 2008
MPH Ventures Amends Terms of Flow-Through Private Placement
Vancouve, BC - Mph Ventures Corp. (TSX-V: MPS) (the "Company") announces that further to its news release dated February 29, 2008, it has increased the non-brokered private placement to up to 2,000,000 flow-through units at a price of $0.25 per unit to raise gross proceeds of up to $500,000. Each flow-through unit will consist of one flow-through common share and one non-transferable share purchase warrant. The two-year warrant exercise price will be increased to $0.28 per non flow-thro... (2 KB) |
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Fri Feb 29, 2008
MPH Ventures announces Flow-Through Private Placement
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that has arranged a non-brokered private placement of up to 1,000,000 flow-through units at a price of $0.25 per unit to raise gross proceeds of up to $250,000. Each flow-through unit consists of one flow-through common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one non flow-through common share for a period of two years at a price of $0.27 per share.... (2 KB) |
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Thu Feb 28, 2008
1st Phase Drilling Completed at High-Grade Pidgeon Molybdenum Deposit in NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces further assay results from its Phase 1 2007 / 2008 diamond drill program at its Pidgeon Molybdenum Deposit located in NW Ontario. The project is located in close proximity to the Trans Canada Highway in an area of well developed highway, rail and electrical power infrastructure. A significant tonnage of near-surface high-grade molybdenum mineralization was discovered by Rio Algom and Dickenson Mines (no... (11 KB) |
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Thu Feb 7, 2008
Drilling Continues to Intercept High-Grade Mo at Pidgeon Molybdenum Deposit in NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces further assay results from its ongoing Phase 1 2008 diamond drill program at its Pidgeon Molybdenum Deposit located in NW Ontario.
MPH Ventures has now completed 12 delineation diamond drill holes of a proposed 40 hole drill program on its Pidgeon Molybdenum Deposit property. The Company reported high-grade molybdenum assay values from its first 3 holes in a January 21, 2008 News Release.
... (7 KB) |
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Mon Feb 4, 2008
MPH Ventures Announces Consulting Agreement with Robert Marvin, P.Eng.
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") is pleased to announce that it has entered into a Consulting Agreement with Mr. Bob Marvin, P.Eng. Mr. Marvin has been retained to provide technical and consulting services to the Company and to assist the Company's project manager, Dave Busch, P.Geo., with its 10,000 metre ongoing drill program at its Pidgeon Molybdenum Deposit located in NW Ontario.
Mr. Marvin will also assist with certain aspects of the Company's ot... (3 KB) |
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Mon Jan 21, 2008
Significant Drill Results on Molybdenum Deposit in NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") is pleased to announce initial assay results for the first 3 diamond drill holes of a 10,000 metre 30 to 40 hole drill program on its Pidgeon Molybdenum Deposit located in NW Ontario. The purpose of this primary drill program is to confirm the location, style, and grade of molybdenum mineralization that had been previously reported by Rio Algom in 1981.
Hole locations are designed to infill gaps in previous drilling and... (5 KB) |
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Tue Jan 15, 2008
Extension of Bid to Purchase all Pidgeon Molybdenum Mines Limited Shares
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that it has extended its offer to January 21, 2008 to the remaining minority shareholders of Pidgeon Molybdenum Mines Limited ("PMML") to acquire all of their PMML common shares. Up to December 31, 2007, the Company had acquired 2,576,329 representing 96.6% of PMML's issued and outstanding common shares. The Company has decided to extend the offer to allow remaining holders to tender their shares who may not have... (2 KB) |
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Wed Jan 9, 2008
Drilling Resumes on Pidgeon Molybdenum Deposit Project, NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that drilling has resumed at its 3,420 acres Pidgeon Molybdenum Deposit project situated approximately 50 kilometres east from the city of Dryden, District of Kenora, Northwestern Ontario.
The Company completed 7 drill holes totaling 1210 m... (6 KB) |
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Thu Dec 27, 2007
2007 Drilling Completed on Pidgeon Molybdenum Deposit Project, NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") reports that it completed 7 drill holes totaling 1210 metres by year end at its Pidgeon Molybdenum Deposit project, District of Kenora, Northwestern Ontario. This current drill program is scheduled to resume early January 2008 and will comprise a significant program of infill drilling to improve the confidence of the molybdenum resource to a level sufficient for an economic assessment.
... (6 KB) |
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Fri Dec 14, 2007
Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers, consultants, management, and Company employees to purchase up to an aggregate of 662,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.31 per share. The Company's 10% rolling stock option plan was approved by the shareholders at th... (2 KB) |
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Fri Dec 7, 2007
Shares issued for Claims Adjoining Pidgeon Moly Project, Northwestern, Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that it has issued 25,000 common shares and paid the sum of $8,000 in connection with its property Option Agreement dated November 15, 2007 with Rubicon Minerals Corp. and Perry English (collectively the "Optionor").
Pursuant to the terms of the Agreement, the Company has been granted an option to acquire a 100% interest, subject to a 2% net smelter return royalty in favour of the Optionor, in 10 unpatented mi... (2 KB) |
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Thu Dec 6, 2007
Flow-Through Private Placement Closes
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that it has closed its 1,800,000 Flow-Through Unit private placement announced by News Releases dated November 7 and 23, 2007. The Company raised the sum of $450,000 by the issuance of 1,800,000 Flow-Through Units. The Company intends to utilize the proceeds of the private placement for its Pidgeon Molybdenum Deposit project located approximately 50 kilometres east from the city of Dryden, District of Kenora, Nort... (2 KB) |
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Tue Nov 27, 2007
Confirmation Drilling Begins on Moly Deposit, NW Ontario, NI 43-101 Report Received from Wardrop Engineering
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces a diamond drill has now mobilized to its Pidgeon Molybdenum Deposit project. The proposed 10,000 metre diamond drill program is to start immediately, with an initial 4,000 metres to verify and confirm the historic data recently compiled by Wardrop Engineering Inc. Infill drilling will then be done to improve the confidence of the molybdenum resource to a level sufficient for an economic assessment.
MPH Venture... (7 KB) |
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Fri Nov 23, 2007
MPH Ventures increases Flow-Through Private Placement to 1,800,000 Units
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that, further to its News Release dated November 7, 2007, it will be increasing its flow-through private placement from 1,600,000 units to 1,800,000 units. The flow-through private placement is at a price of $0.25 per unit to raise gross proceeds of up to $450,000. Each flow-through unit consists of one flow-through common share and one non-transferable share purchase warrant, with each warrant to entitle the hol... (2 KB) |
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Tue Nov 20, 2007
MPH Ventures Acquires 2,900 Acres Surrounding Its Pidgeon Molybdenum Deposit, NW Ontario
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that it has acquired approximately 2,900 additional acres surrounding its Pidgeon Molybdenum Deposit. The Company announced on November 7th it has acquired 93.45% of the outstanding shares of Pidgeon Molybdenum Mines Limited from Rio Algom Limited, a wholly-owned subsidiary of BHP Billiton Ltd. and Goldcorp Inc. Pidgeon Molybdenum Mines Limited holds a 100% interest in 210 hectares of mining claims under the name "... (6 KB) |
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Mon Nov 19, 2007
Non-Brokered Private Placement Closes, Pinetree Acquires 1,145,000 Units
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that it has closed its 4,000,000 Unit private placement announced by News Release dated October 18, 2007. The Company raised the sum of $800,000 by the issuance of 4,000,000 Units. The Company intends to utilize the proceeds of the private placement for general working capital, its continuing obligations in Ecuador and to fund exploration on its Pidgeon Moly Project located approximately 50 kilometres east from th... (3 KB) |
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Wed Nov 7, 2007
Purchase from Rio Algom and Goldcorp of Pidgeon Molybdenum Mines Shares Closes
Non-Brokered Flow-Through Private Placement Announced
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that further to its News Release of October 18, 2007, the Company concluded its purchase of all common shares of Pidgeon Molybdenum Mines Limited ("PMML") held by Rio Algom Limited ("Rio"), a wholly owned subsidiary of BHP Billiton Ltd. (NYSE: BHP) and Goldcorp Inc. (TSX: G) for the sums of $353,290.47 and $103,216.14 respectively. The Company also made a pa... (3 KB) |
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Fri Nov 2, 2007
Agreement with KTTM Geophysics to Conduct Survey on M-10 Concession, Ecuador
Vancouver, BC -- Allen Cole, Vice President of Exploration for MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that the Company has signed an agreement with KTTM Geophysics to conduct an IP Chargeability / Resistivity and Magnetometer survey on its M-10 concession in the Pinchincha Province of Ecuador. The 5,600 hectare property lies 50 km west of Quito, Ecuador.
The M-10 property lies within the intra oceanic island arc sequence of the Machuchi Unit approximately 5 km north... (5 KB) |
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Wed Oct 31, 2007
Purchase of Pidgeon Molydenum Mines Shares from Rio Algom and Goldcorp to close next week
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) announces that further to its News Release dated October 17, 2007, the closing of the Company's acquisition of 93.45% of the outstanding shares of Pidgeon Molybdenum Mines Limited from Rio Algom Limited, a wholly-owned subsidiary of BHP Billiton Ltd. (NYSE: BHP) and Goldcorp Inc. (TSX: G) has been extended to November 7, 2007 at the consent of all parties.
MPH Ventures Corp. is a gold, silver, copper, and molybdenum exploration company f... (2 KB) |
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Thu Oct 18, 2007
Offer Made to Remaining Minority Shareholders of Pidgeon Molybdenum Mines Limited
Non-Brokered Private Placement Announced
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that further to its news release of October 17, 2007, the Company will make an offer to the remaining minority shareholders of Pidgeon Molybdenum Mines Limited ("PMML") to acquire all of their shares for an aggregate purchase price of $36,646.26. The minority shareholders hold a 6.55% interest in PMML.
MPH Ventures announced on October 17th, that the Company ha... (3 KB) |
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Wed Oct 17, 2007
MPH Ventures Amends Agreement to Acquire Over 90% of Pidgeon Molybdenum Mining Shares from Rio Algom and Goldcorp
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that further to its News Release dated August 29, 2007, the Company has amended the terms to its previously announced agreement (the "Formal Agreement") with Rio Algom Limited ("Rio Algom"), a wholly-owned subsidiary of BHP Billiton Ltd. ("BHP Billiton") (NYSE: BHP) and Goldcorp Inc. ("Goldcorp") (TSX:G) for the acquisition by the Company of 93.45% of the outstanding shares of Pidgeon Molybdenum Mines Limited ("PMM... (9 KB) |
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Wed Aug 29, 2007
Molybdenum Deposit Acquired from Rio Algom and Goldcorp
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces it has signed a formal agreement (the "Formal Agreement") with Rio Algom Limited, a wholly-owned subsidiary of BHP Billiton Ltd., (NYSE: BHP), and with Goldcorp Inc., ("Goldcorp") (TSX: G), for the acquisition by the Company of 93.45% of the outstanding shares of Pidgeon Molybdenum Mines Limited ("PMML").
PMML holds a 100% interest in 210 hectares of mining claims under the name "Pidgeon Molybdenum Deposit". ... (9 KB) |
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Wed Jul 11, 2007
MPH Ventures Updates Ongoing Exploration in Ecuador
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") is pleased to announce an exploration update on its 5,600 hectares M10 precious and base metal property located 50km east of the capital Quito in the Pinchincha province of Ecuador.
The property is located within the intra oceanic island arc sequence of the Machuchi Unit approximately 5km north along strike of Cornerstone Capital's La Plata Massive Sulfide deposit, which is contained within the same stratigraphy. Structur... (6 KB) |
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Thu May 10, 2007
Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers, consultants and management company employees to purchase up to an aggregate of 636,345 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.34 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the ... (2 KB) |
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Thu May 10, 2007
MPH Closes Non-Brokered Private Placement
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that it has closed its 5,000,000 Unit private placement announced by News Release dated April 5 and 16, 2007. The Company raised the sum of $1,000,000 by the issuance of 5,000,000 Units. The Company intends to utilize the proceeds of the private placement for general working capital and reserve for further property investigations and /or acquisitions.
The Units are at a price of $0.20 per Unit. Each Unit consi... (3 KB) |
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Mon Apr 16, 2007
Non-Brokered Private Placement Increased
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that, further to its news release dated April 5, 2007, it has increased its non-brokered private placement from 3,000,000 Units to 5,000,000 Units. All other terms of the private placement will remain the same.
The Private Placement will be subject to TSX Venture Exchange acceptance.
MPH Ventures Corp. is a gold, silver, and base metal exploration company.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pet... (1 KB) |
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Thu Apr 5, 2007
Non-Brokered Private Placement Announced
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces it has arranged a non-brokered private placement of up to 3,000,000 units at a price of $0.20 per unit. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the Company at an exercise price of $0.27 per common share for a period of two years.
The Company intends to utilize the proceeds of the private... (2 KB) |
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Fri Mar 23, 2007
Lateegra Gold & MPH Ventures Acquire "Efyza 2" Property in Ecuador
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") is pleased to announce the joint acquisition of the Efyza 2 claims, an approximately 700-hectare holding, located adjacent to the Company's existing M10 concession with Lateegra Gold Corp. (Lateega). Acquisition costs include payment of $50,000 (U.S.) (which Lateegra has paid), for which the Company will reimburse Lateegra as to 50 per cent. A first-pass field program by MPH Ventures on the Company's and Lateegra's adjoining... (3 KB) |
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Tue Mar 13, 2007
Incentive Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to an officer, consultant and management company employees to purchase up to an aggregate of 200,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.27 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual General Meeting... (2 KB) |
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Wed Feb 14, 2007
Exploration Commences on M10 Massive Sulphide Prospect in Ecuador
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that it has commenced its field program on the M10 massive sulphide prospect in Ecuador. The M10 property is located in the Pichincha province, 50 kilometres west-southwest of the Capital Quito in Ecuador, immediately north and adjoining Cornerstone Capital's and Coastport Capital's La Plata gold-rich VMS (volcanic massive sulphide) deposit, and covers an area of 4,915 hectares. MPH Ventures is earning a 50% inter... (2 KB) |
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Mon Jan 29, 2007
Private Placement Cancelled
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) announces that it will not be proceeding with it private placement as announced January 11, 2007.
MPH Ventures Corp. is a gold, silver, and base metal exploration company focused on mineral exploration and development within Latin America.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pettit"
________________________________
JAMES G. PETTIT
President
For further information contact myself or
Don Myers
MPH Ventures Corp.
Direct... (0 KB) |
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Thu Jan 11, 2007
Non-Brokered Private Placement -- 2,000,000 Units
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces a non-brokered private placement of up to 2,000,000 units at a price of $0.25 per unit. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the Company at an exercise price of $0.30 per common share for a period of one year.
The Company intends to utilize the proceeds of the private placement for ex... (1 KB) |
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Wed Jan 3, 2007
Shares Issued Re: Option to earn 50% Interest in Lateegra's M10 Property in Ecuador
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that it has issued 200,000 common shares to Lateegra Gold Corp. (TSX.V: LRG) in connection with an Option Agreement for the acquisition by the Company of a 50% interest in Lateegra's wholly owned mining concession under the name of M10 massive sulphide prospect in Ecuador. The shares are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange and shall not trad... (2 KB) |
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Wed Dec 13, 2006
Allen Cole Appointed Vice President of Exploration
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") is pleased to announce that Mr. Allen Cole has consented to serve as Vice President of Exploration for the Company. Mr. Cole has over 20 years of experience in the mineral exploration and development sector. Mr. Cole has previously held senior management positions including Exploration Manager in Mongolia with Fortress Minerals Corp., and Manager of Corporate Development with Entrée Gold Inc.
Mr. Cole has joined MPH... (1 KB) |
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Thu Dec 7, 2006
50% Interest in Lateegra's M10 Property in Ecuador to be Acquired
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces it has signed a formal Option Agreement with Lateegra Gold Corp. (TSX.V: LRG) ("Lateegra"), through their wholly-owned subsidiary Lateegra Ecuador S.A., for the acquisition by MPH Ventures of a 50% interest in Lateegra's wholly owned mining concession under the name of M10 massive sulphide prospect.
... (2 KB) |
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Mon Nov 6, 2006
Incentive Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its consultants to purchase up to an aggregate of 21,238 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.345 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual and Special General Meeting of the Company held on Octo... (0 KB) |
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Fri Sep 29, 2006
Stewart Gas Project Participation Canceled
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces it has elected not to participate any further in the Stewart natural gas project located in Goliad county, southeast Texas. The Company feels that results to date do not warrant any further expenditures.
MPH Ventures is continuing with its acquisition of a 50% interest in the Halcones gold-silver project in Peru.
The Company announced on September 20th the signing of a Letter of Intent with Lateegra Gold Corp... (2 KB) |
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Wed Sep 20, 2006
50% Interest in Gold Project Acquired Adjacent to Aurelian's Ecuador Property
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces it has signed a Letter of Intent with Lateegra Gold Corp. (TSX.V: LRG) ("Lateegra") to enter into a formal Option Agreement for the acquisition by MPH Ventures of a 50% interest in Lateegra's wholly owned Halcones gold-silver project located on the Peruvian side of the Ecuador Peru border.
The Halcones project consist of approx 6,000 hectares of mineral rights adjacent to the east of Aurelian Resources Inc. (TS... (2 KB) |
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Wed Aug 23, 2006
Incentive Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 350,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.195 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual and Special General Me... (1 KB) |
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Tue Aug 22, 2006
Private Placement Closes
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that it has closed its private placement announced by news release dated August 4, 2006. The Company issued 3,500,000 units at a price of $0.10 per unit. Each unit consists of one share and one non-transferable share purchase warrant which entitles the holder to purchase an additional share of the Company at a price of $0.135 per share until August 18, 2008. The shares and any shares to be issued upon exercise o... (2 KB) |
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Fri Aug 4, 2006
Non-Brokered Private Placement Announced
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces a non-brokered private placement of up to 3,500,000 Units at an offering price of $0.10 per Unit. Each Unit will consist of one Share and one Share Purchase Warrant entitling the holder to purchase an additional common share at a price of $0.135 for a period of two years. A finder's fee, if applicable, will be paid in connection with this private placement offering. The private placement is subject to TSX Ventur... (1 KB) |
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Tue Aug 1, 2006
Henry Dome Project Participation Canceled
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) announces it has elected not to participate any further in the Henry Dome natural gas project located in McMullen county, southeast Texas. The Company has acquired a 5.0% working interest (3.75% net revenue interest) in the Henry Dome Project. MPH Ventures feels results to date do not warrant any further expenditures.
MPH Ventures Corp. is a natural resource exploration company actively involved with the development of a natural gas proj... (1 KB) |
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Fri Jun 16, 2006
Expanded 3D Coverage Yields Positive Results On Stewart Gas Project, Texas
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) has been informed from the operator of the Stewart Gas Project, Horizon Industries Ltd., that Horizon has received additional 3D seismic data covering the Stewart West Prospect and adjoining lands in Goliad County, Texas, including existing wells in the recently discovered Marshall Middle Wilcox field located immediately to the north. Horizon reported it has completed its analysis and interpretation of this data, which has revealed addition... (2 KB) |
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Wed May 17, 2006
Company Not Proceeding with Private Placement at this Time
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that it will not be proceeding with its private placement as announced by News Release dated April 24, 2006. The Company intends to proceed with a private placement at a later date.
MPH Ventures Corp. is a natural resource exploration company actively involved with the development of natural gas projects in Goliad County and McMullen County, Texas, USA, and a gold property in the Red Lake Mining District of Nor... (0 KB) |
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Mon Apr 24, 2006
Non-Brokered Private Placement Announceed
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces a non-brokered private placement of up to 4,000,000 Units at an offering price of $0.17 per Unit. Each Unit will consist of one Share and One Share Purchase Warrant entitling the holder to purchase an additional common share at a price of $0.23 for a period of one year. A finder's fee of up to 7.5% payable in cash will be paid in connection with this private placement offering.
The Company intends to utilize t... (1 KB) |
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Fri Mar 24, 2006
Incentive Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 362,500 common shares in the capital stock of the Company, exercisable for a period of two years, at a price of $0.25 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual and Special General Meet... (1 KB) |
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Thu Mar 23, 2006
AFE COMPLETE AND DRILLING OF STEWART NO. 2 WELL TO PROCEED
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) has been informed from the operator of the Stewart Gas Project, Horizon Industries Ltd., that Horizon Industries has received the AFE (Authorization For Expenditure) to drill the Stewart No. 2 Well at the Stewart Prospect in Goliad County, Texas. Horizon Industries has finalized the drilling contract with Arrow Drilling, who proposes to commence drilling operations within approximately 60 days.
The Stewart No. 1 well, completed earlie... (2 KB) |
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Wed Mar 15, 2006
3D Seismic Reveals High Impact Deep Wilcox Target On Stewart East Gas Prospect, 3D Program Expanded
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) has been informed from the operator of the Stewart Gas Project, Horizon Industries Ltd., that Horizon Industries has completed its initial analysis and interpretation of the 3D seismic data covering the deeper Wilcox formation on the Stewart East prospect, Goliad County, south Texas.
Preliminary interpretation shows a well defined structural target comprising approximately 200 acres in the Wilcox formation and wholly situated within the... (2 KB) |
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Mon Feb 27, 2006
Private Placement Closes
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) (the "Company") announces that it has closed its private placement announced by news release dated January 16,2006. The Company issued 3,000,000 shares at a price of $0.15 per share and issued 100,000 common shares as a finder's fee in this transaction. The shares will be subject to a hold period and shall not trade before June 18, 2006.
MPH Ventures Corp. is a natural resource exploration company actively involved with the development... (0 KB) |
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Wed Feb 15, 2006
Tie-In Complete For Stewart #1 Gas Well, Gas Production and Sales Commence
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) has been informed from the operator of the Stewart Gas Project, Horizon Industries Ltd., that the Stewart #1 well in Goliad County, Texas is now online. The well commenced natural gas production on February 8th, at an initial flow rate of approximately 500 MCFPD. This flow rate will be adjusted after a steady state flow is obtained at an optimal rate.
Based upon flow tests conducted in December 2005, anticipated initial production rate... (2 KB) |
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Wed Jan 18, 2006
Stock Options Granted
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 386,962 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.205 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual Meeting of the Company held on Septemb... (1 KB) |
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Mon Jan 16, 2006
Non-Brokered Private Placement Announced
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) Board of Directors wish to announce a non-brokered private placement of up to 3,000,000 common shares at an offering price of $0.15 per share. A 10% finder's fee payable in shares will be paid in connection with this private placement offering.
The Company intends to utilize the proceeds from the private placement to retire debt and for general working capital purposes.
MPH Ventures Corp. is a natural resource exploration company act... (0 KB) |
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Thu Jan 12, 2006
Updated Tie-In Schedule For Stewart #1 Gas Well
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) has been informed from the operator of the Stewart Gas Project (Horizon Industries Ltd) that the completion date of tie-in procedures now under way at the Stewart No. 1 well in Goliad county, Texas, has been revised.
Horizon's operator of record, Dirnett Inc., has concluded a gas sales contract with Duke Energy Corporation. Delays to the previously anticipated tie-in date occurred due to complications arising from limited availability of... (2 KB) |
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Mon Dec 19, 2005
Name Change and Consolidation
Vancouver, BC -- MPH Ventures Corp. (TSX.V: MPS) [formerly ITL Capital Corporation] is pleased to announce that pursuant to a special resolution passed by shareholders September 15, 2005, that ITL Capital Corporation has consolidated its capital on a 5 old for 1 new basis.
The name of the Company has also been changed as follows.
Effective at the opening December 19, 2005, the common shares of MPH Ventures Corp. have commenced trading on TSX Venture Exchange, and the common shares... (1 KB) |
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Mon Dec 12, 2005
Production To Sales From Stewart #1 Well By Month's End
Vancouver, BC -- ITL Capital Corporation (TSX.V: ICL) is pleased to announce that Horizon Industries Ltd., operator of the Stewart Gas Project in Texas, has announced that tie-in procedures are underway at the Stewart #1 well located in Goliad County.
The Company has received confirmation that the well's expected tie in to sales is to occur by month's end. Based on the four point flow test conducted last week, extrapolated flow on a ¼" choke is projected to be 1.53 MMCF per day. Anticipated... (2 KB) |
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Fri Dec 9, 2005
Successful Flow Test On Stewart #1 Gas Well, Texas
Vancouver, BC -- ITL Capital Corporation (TSX.V: ICL) is pleased to announce that Horizon Industries Ltd., operator of the Stewart Gas Project in Texas, has announced results of flow tests conducted on the Stewart #1 well located in Goliad County.
The most prospective 40-foot zone in the Middle Yegua formation was perforated at 5,350'. The well came on immediately and began to unload KCl fluid. On a 7/64 choke, the well unloaded all fluid while flowing at a rate of approximately 450 -- 500 ... (2 KB) |
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Wed Nov 30, 2005
Flow Test To Commence On Stewart #1 Well, Texas
ITL Capital Corporation announces that Horizon Industries Ltd., operator of the Stewart Gas Project, has reported that a service rig is arriving on-site today. Flow testing of the Stewart No. 1 well is scheduled to occur over the next several days.
Logs indicate four potential pay zones, totalling 91 feet of gross sands, with the best zone being 40 feet in the middle Yegua formation. Perforation and flow testing will be designed to test production from the middle Yegua formation, with the obj... (2 KB) |
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Wed Nov 23, 2005
ITL Capital Provides Corporate Update
ITL Capital Corporation announces an update on the Henry Dome gas well located in McMullen County, Texas. To date, the well has had difficulties achieving the anticipated flow rates that the Company had expected. The well is currently hooked up to sales and is producing at a rate far less than was hoped for. ITL Capital is expecting a cash call in the near future to cover the cost of all outstanding expenditures that were incurred to solve the problems and bring the well to production as well... (2 KB) |
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Mon Nov 14, 2005
Completion Underway On Stewart #1 Well, Texas
Vancouver, BC -- ITL Capital Corporation is pleased to report that Horizon Industries Ltd. (operator of the Stewart Gas Project, Texas) has announced that drilling of the Stewart #1 well was completed on Saturday November 12th. Logs and sidewall core samples were taken over the balance of the weekend. As a result of the data, Horizon has elected to proceed with completion operations.
The logs indicate four potential pay zones totaling 91 feet of gross sands with the best zone being 40 feet in... (2 KB) |
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Mon Nov 7, 2005
DRILLING BEGINS ON STEWART GAS PROSPECT, TEXAS
ITL Capital is pleased to report that Horizon Industries Ltd. (the operator) has received confirmation from Arrow Drilling that the Stewart East natural gas prospect was spudded on November 5. The drill rig is currently drilling at 2,409 feet. Total depth on the Stewart East well is expected to be 5,700 feet with a Middle Yegua Sands target. ITL Capital has a 5% working interest in the Stewart property.
As previously announced, the 544-acre Stewart Property is located in Goliad County, Texas,... (2 KB) |
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Fri Nov 4, 2005
DRILLING RIG MOBILIZED TO STEWART GAS PROSPECT, TEXAS
ITL Capital is pleased to report that Horizon Industries Ltd. (operator) has received confirmation that the drilling rig was mobilized to the Stewart East prospect yesterday, Nov. 3. Rigging up is under way and it is anticipated that the well will spud within the next several days.
As previously announced, the 544-acre Stewart Property is located in Goliad County, Texas, within the Jobar field. In late 1997, Edge Petroleum discovered the Jobar field, with production from the middle Yegua form... (2 KB) |
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Wed Nov 2, 2005
NEW DIRECTOR APPOINTED
ITL Capital Corporation (the "Company") is pleased to announce that Amanda Chow has consented to act as a Director of the Company. Ms. Chow is a certified management accountant (CMA) and has worked with public companies during the last five years. The appointment to the Board of Directors is subject to the acceptance of the TSX Venture Exchange. The Company announces that Derek Huston has resigned as a Director of the Company.
ITL Capital Corporation is a natural resource exploration compa... (1 KB) |
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Mon Oct 3, 2005
New Director Appointed and Special Resolutions Passed At AGM
The Board of Directors of ITL Capital Corporation announces that the Company held its annual and special general meeting on September 28, 2005. The Company is pleased to announce that Mr. Donald G. Myers was appointed to the Board of Directors at the meeting.
ITL Capital Corporation also reports that the shareholders approved a special resolution to consolidate the issued and outstanding shares of the Company on a five (5) old for one (1) new basis. The proposed share consolidation will r... (2 KB) |
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Thu Sep 8, 2005
Site Preparation Now Complete At Stewart, Mobilization of Drill Rig Imminent
ITL Capital Corporation is pleased to report that Horizon Industries Ltd., operator of the Stewart Gas Project, Goliad County, Texas, announces that they have received confirmation that site preparation is now completed at the Stewart Property. The Company has also received confirmation that the property is next in line for the appointed drilling rig. Mobilization of the drilling rig is expected to occur by September 15th.
As previously announced, the 544-acre Stewart Property is located i... (2 KB) |
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Fri Sep 2, 2005
Shareholders will be asked to approve a consolidation on a 1 new share for each 5 old shares
The Company has convened an Annual and Special General Meeting to be held September 28, 2005. At the meeting, the shareholders will be asked to approve a consolidation of the Company's share capital on the basis of one new share for each five old shares. The issued capital of the Company is currently 38,018,115, which will become 7,603,623 after the consolidation.
The consolidation is proposed to assist the Company in further acquisitions and raising future equity financing and if approved w... (2 KB) |
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Wed Aug 17, 2005
Henry Dome Gas Project Update, McMullen County, Texas
ITL Capital Corporation is pleased to announce that Dolphin Petroleum L.P., the operator of the Henry Dome Gas Project, located in McMullen County, southeast Texas, plans to start putting in the permanent well site flare this week and have Halliburton Energy Services on the JB Henry #1 well site by Thursday Aug. 25th of next week to commence the cleanout. As previously reported, the JB Henry #1 well was a producing vertical gas well that has been re-completed as a horizontal well.
ITL Capital... (2 KB) |
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Wed Aug 10, 2005
Interest In Stewart Natural Gas Project, Texas, Acquired By ITL Capital
ITL Capital Corporation is pleased to announce that it has acquired a 5% working interest (3.75% net revenue) from Horizon Industries Ltd. (Horizon) (TSX.V: HRZ), operator of the Stewart Natural Gas Project located in Goliad County, south Texas. The acquisition of an interest in the Stewart Gas Project complements ITL Capital's interest in the Henry Dome Gas Project, also located in south Texas.
The Stewart Gas Project is a 544-acre lease package located within the Jobar Gas Field. In late 1... (2 KB) |
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Thu May 19, 2005
JB Henry #1 Gas Well Update, McMullen County, Texas - Bonus Shares Issued
ITL Capital Corporation is pleased to provide an update to the JB Henry #1 horizontal gas well located in McMullen County, southeast Texas. As mentioned in the Company's News Release dated April 21st, Dolphin Petroleum L.P., the operator, sent samples of well sediment to both Halliburton Energy Services and Schlumberger Oilfield Services to recommend a solution to the bridging issue in the horizontal section that causes the flow rate to taper off. Both Halliburton and Schlumberger have recommend... (2 KB) |
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Thu Apr 21, 2005
Loan Agreement, Officer Appointed
The Company wishes to announce that it has entered into a loan agreement with a lender for interim bridge financing in the amount of $150,000 with interest thereon at a rate of 9% per annum plus a bonus of the maximum number of shares permitted to be granted to the Lender under the policies of the TSX Venture Exchange, subject to regulatory approval. The proceeds of the loan will be utilized for general working capital and to fund further review/participation in oil and gas projects.
The Com... (2 KB) |
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Thu Apr 21, 2005
Update On JB Henry #1 Gas Well, Texas
Further to the Company's News Release on March 31st, ITL Capital Corporation is pleased to provide an update to the JB Henry #1 gas well located in McMullen County, southeast Texas. The JB Henry #1 well was a producing vertical gas well that has been re-completed as a horizontal well. As previously reported, the re-entry horizontal drilling operation was completed at the end of March.
During cleanup operations the estimated well flow rate, on open choke, was in excess of 5 million cubic feet... (2 KB) |
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Tue Apr 5, 2005
Private Placement -- Second & Final Tranche Closes
ITL Capital Corporation announces that it has completed its second and final closing of its non-brokered private placement announced by news release dated February 7, 2005. The Company issued 1,000,000 units at a price of $0.05 per unit. Each unit consists of one share and one share purchase warrant which entitles the holder to purchase an additional share of the Company at a price of $0.10 until March 31, 2006. The shares and any shares to be issued upon exercise of the warrants will be subject... (1 KB) |
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Thu Mar 31, 2005
Drilling Completed On JB Henry #1 Gas Well, Flow Rates To Follow
ITL Capital Corporation is pleased to report that reentry-drilling operations have been completed on the JB Henry #1 horizontal gas well located in McMullen County, southeast Texas. Drilling was stopped after completing 1200 feet of the 1500-foot lateral portion of the well due to complications in the hole. Despite the complication, it is anticipated that the Company should have a successful gas well as a result of drilling through several cross fractures as anticipated. The well was drilled lat... (2 KB) |
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Mon Mar 14, 2005
Drilling Begins On JB Henry #1 Gas Well, Texas
ITL Capital Corporation has received an update from Dolphin Petroleum L.P. (Dolphin), operator of the Henry Dome natural gas project located in McMullen County, Texas. After a several week delay due to weather in the surrounding areas, the drilling rig arrived at the JB Henry #1 well location on March 4th. Once on site the crew was faced with several more rain related delays during rig up. At this time, the drilling rig has rigged up, and drilling has now commenced. Drilling operations should ta... (2 KB) |
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Tue Mar 1, 2005
Private Placement -- First Tranche Closes
The Company announces that it has completed a first tranche closing of its 5,000,000 Unit non-brokered private placement announced by news release dated February 7, 2005. The Company issued 1,150,000 units at a price of $0.05 per unit. Each unit consists of one share and one share purchase warrant which entitles the holder to purchase an additional share of the Company at a price of $0.10 until February 21, 2006. The shares and any shares to be issued upon exercise of the warrants will be subjec... (1 KB) |
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Mon Feb 14, 2005
Incentive Stock Options Granted
ITL Capital Corporation would like to announce that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 1,867,000 common shares in the capital stock of the Company, exercisable for a period of two years, at a price of $0.10 per share. The shareholders approved the Company's stock option plan at the Annual and Extraordinary General Meeting of the Company held on August 18, 2004. The... (1 KB) |
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Thu Feb 10, 2005
Workover Operation Completed On JB Henry #1 Gas Well, Drilling Operations To Begin In Texas
ITL Capital Corporation has been provided with an update on the re-completion operations on the JB Henry #1 natural gas well located in McMullen County, Texas. Dolphin Petroleum L.P. (owner-operator) reports that the first phase workover operation was completed on February 9th, 2005. The existing tubing and packer were removed from the well and a cast iron bridge plug was set above the existing Edwards formation. As reported by Dolphin Petroleum L.P., most of the risk in this project was mechani... (2 KB) |
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Mon Feb 7, 2005
Non-Brokered Private Placement Announced
The Board of Directors wish to announce non-brokered private placement of up to 5,000,000 Units at an offering price of $0.05 per Unit. Each Unit will consist of one Share and One Share Purchase Warrant entitling the holder to purchase an additional common share at a price of $0.10 for a period of one year. A finder's fee in the maximum amount allowable will be paid in connection with this private placement offering.
The Company intends to utilize the proceeds from the private placement for g... (1 KB) |
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Wed Dec 15, 2004
Workover Operations Begin On JB Henry #1 Gas Well, Texas
ITL Capital Corporation, (the Company) announces that initial operations have commenced on the JB Henry #1 natural gas well located in McMullen County, Texas. The engineering, surveying, and geological work have been completed on the project and within the next week a workover rig will arrive on location to start the preliminary work on the well. This operation should last for 5 days and will prepare the well for horizontal drilling operations. The drilling rig has been scheduled to arrive the 3... (2 KB) |
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Wed Nov 10, 2004
ITL Capital To Participate In Gas Well
ITL Capital Corporation (ICL.V) announces that the Company has secured the right to participate in the Henry Dome gas development prospect located in McMullen County, Texas. The prospect area contains approximately 947 leased acres, including two currently producing Edwards's wells that are excellent re-entry candidates for horizontal lateral re-completions. The Company plans to participate in the re-entry and completion of the first well. If the well is an economic well, the re-entry of the sec... (2 KB) |
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Fri Nov 5, 2004
ITL Capital To Seek Participation In Oil & Gas Sector
ITL Capital Corporation (the Company) announces its intentions to seek opportunities and participation in the oil and gas sector. Given the favorable political climate and the global increase in demand for energy it is the Company's opinion that the potential for new discoveries throughout North America has increased dramatically. The Company will look for participation in lower risk, developmental projects concentrating on the gas sector.
ITL Capital is currently in negotiations to particip... (1 KB) |
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Wed Jul 21, 2004
Audited Financial Statements For Year Ended May 31, 2004
Fourth Quarter Report
ITL Capital Corporation has released its BC Form 51-901F Fourth Quarter Report containing audited financial statements in Canadian funds, for the year ended May 31, 2004 (the "Quarterly Report"). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. Concurrently with this news release the Company is filing the Quarterly Report with the regulatory authorities through SE... (2 KB) |
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Thu May 20, 2004
Skyharbour Increases Interest in HB Heyson Property, Red Lake, Ontario
Pursuant to the terms of the Option and Joint Venture Agreement between ITL Capital Corporation ("ITL") and Skyharbour Resources Ltd. ("Skyharbour") in connection with the HB Property located in the Heyson and Byshe Townships, Red Lake District, Kenora Mining Division Ontario (the "Property"), the parties recently agreed to dilute ITL's interest to offset ITL's expenditures incurred on the Property. As a result of the dilution, the Company will hold a 39.03% interest and Skyharbour will hold a 6... (0 KB) |
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Tue Apr 27, 2004
Third Quarter Report
Third Quarter Report
ITL Capital Corporation has released its BC Form 51-901F Third Quarter Report containing financial statements in Canadian funds, prepared without audit, for the nine months ended February 29, 2004 (the "Quarterly Report"). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. Concurrently with this news release the Company is filing the Quarterly Report with the regulat... (2 KB) |
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Fri Mar 5, 2004
New President appointed, Convertible Notes repaid and Private Placement cancelled
The Company announces the resignation of Robert J. Paul as the President and a Director of the Company. Mr. James G. Pettit, a current director of the Company, has been appointed President.
The Company is pleased to announce that it has repaid its convertible promissory notes in the principal sum of $250,000, plus interest accrued, to Lenders of the notes. The convertible promissory notes were issued in connection with a private placement which closed on July 31, 2003.
The Company also an... (0 KB) |
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Thu Feb 26, 2004
5900 ft. diamond drill program completed on HB Property
Skyharbour Resources (the operator) announces that a 5900 foot diamond drill program has been completed on the Skyharbour Resources Ltd (51%) / ITL Capital Corp (49%) joint venture HB property in the Red Lake area of northwestern Ontario. A high-grade gold intercept (59.4 grams /ton over 0.4 meters) that was associated with a brecciated, hematite-epidote altered system was encountered in a drilling program conducted on the HB property in 2003.
The 2003/2004 winter drill program was designed t... (1 KB) |
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Wed Feb 4, 2004
Second Quarter Report
ITL Capital Corporation has released its BC Form 51-901F Second Quarter Report containing financial statements in Canadian funds, prepared without audit, for the six months ended November 30, 2003 (the "Quarterly Report"). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. Concurrently with this news release the Company is filing the Quarterly Report with the regulatory authorities through SEDAR (... (2 KB) |
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