Malcolm Dorsey has acquired 1,250,000 common shares of North Valley Resources Ltd. through a private share purchase, increasing his total holdings to 2,800,000 shares, representing approximately 15.57% of the outstanding shares. The transaction was completed for investment purposes.
Kamloops, British Columbia-- - North Valley Resources Ltd. announces that Malcolm Dorsey has filed an early warning report under National Instrument 62-103 -following his acquisition of 1,250,000 common shares of the Company through a private share purchase at $0.
001 per Common Share for total consideration of $1,250 . Prior to the Transaction, the acquiror held 1,550,000 Common Shares, representing approximately 8.72% of the outstanding Common Shares. The acquired shares represent approximately 7.03% of the outstanding Common Shares. Following the Transaction, the Acquiror holds 2,800,000 Common Shares, representing approximately 15.57% of the outstanding Common Shares. The Transaction was completed for investment purposes. The Acquiror may, from time to time, acquire or dispose of additional securities of North Valley, depending on market and other conditions.US must ramp up titanium capacity to avoid squeeze, Project Blue founder says Western aerospace manufacturers will need 1.6 million tonnes of titanium by 2044, but supply is increasingly controlled by geopolitical rivals Russia and China.Coal India has been sitting on bloated inventories of unsold fuel after a milder-than-expected summer subdued demand for electricity last year.The spectrum of metals now deemed"vital for a modern American economy" speaks to a quiet revolution in how metals are used.Ivanhoe Mines begins copper anode production at new Congo smelter The facility, with a steady-state capacity of 500,000 tonnes per annum, would be the largest in Africa once ramped up.A cap on Chinese smelting capacity and constraints to European production due to higher electricity prices have chipped away at global inventories.All miners in Indonesia are required to submit an annual production plan for official approval with the government setting output quotas for the industry.
North Valley Resources Share Purchase Malcolm Dorsey Investment Equity
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