Desert Star: Kupferprojekte in aktiver Minenregion

Homepage: http://www.desertstar.ca/s/home.asp

Mar 05, 2015

Desert Star Resources and Providence Resources Announce Signing of Amalgamation Agreement

VANCOUVER, B.C. -- March 5, 2015 -- Desert Star Resources Ltd. ("Desert Star")(TSX-V: DSR) and Providence Resources Corp.("Providence")(TSX-V: PV)(Desert Star and Providence together, the "Companies") announce that further to their news release of November 27, 2014, the Companies have signed an arrangement agreement (the "Arrangement Agreement") pursuant to which the Companies will amalgamate to form a new company ("Amalco") whose primary focus will be on the identification, acquisition and development of copper and gold projects in the Southwestern U.S.A. Amalco will retain the name of "Desert Star Resources Ltd." The Arrangement Agreement supercedes and replaces the letter of intent between the Companies announced on November 27, 2014.

"The completion of this amalgamation, in addition with the completion of Desert Star's equity financing announced March 3, 2015, provides the company with the necessary capital to complete its planned drill programs at both the Red Top and Copper King projects in Arizona, immediately upon receiving the drilling permits", stated Vince Sorace, President and CEO of the Companies.

The Arrangement Agreement provides that the Companies will amalgamate such that each Desert Star shareholder will receive one share in Amalco for every Desert Star share held and each Providence shareholder will receive 0.4 shares in Amalco and 0.4 share purchase warrants in Amalco (each whole Amalco warrant exercisable for 2 years at $0.25) for every Providence share held. The Companies will each hold annual general and special meetings on Wednesday April 8, 2015, at which their respective shareholders will vote on various items of business, including the amalgamation. Detailed information about the amalgamation, including fairness opinions obtained by each company as it relates to the amalgamation, will be provided to shareholders in the Companies' joint information circular for the transaction that will be mailed out next week and posted to the SEDAR website under the profile of each company at www.sedar.com.

About Desert Star and Providence

Desert Star is a Vancouver-based mineral exploration company focused on the identification, acquisition and development of copper and gold projects located in top-tier mineral belts in the southwestern United States that contain significant historical production, existing mining infrastructure and an established mining culture.

Providence Resources is a precious and base metal junior exploration company focused on creating shareholder value through acquisition and aggressive exploration in established, highly endowed mineral belts.

Link: http://www.desertstar.ca/s/news.asp?ReportID=699275  

Desert Star Announces Agreement to Purchase Mining Claims in Arizona, Warrant Term Extension and Repricing of Options

http://www.desertstar.ca/s/news.asp?ReportID=704762

 

Desert Star Appoints Gord Neal as Vice President of Capital Markets and Business Development

Vancouver, B.C. May 6, 2015: (TSXV: DSR) ("Desert Star" or the "Company") is pleased to announce the appointment of Gord Neal as Vice President of Capital Markets and Business Development.

Mr. Neal will assist the company in developing and executing on its capital markets strategy in preparation for the company's upcoming drill program and long term planning. He will also assist the company in its marketing efforts, corporate communications, corporate finance and business development strategies.

Mr. Neal has more than 30 years experience in governance, corporate finance and investor relations. He founded Neal McInerney Investor Relations in 1991. Through marketing more than $4 billion in debt and equity financings, the company grew to be the second largest full service Investor Relations firm in Canada with offices in Vancouver, Toronto and Los Angeles. Clients included; BCE, Nortel, Bell Canada International, Bell Mobility, Intrawest, Canaccord Capital, BMO Nesbitt Burns, and TVX Gold. Mr. Neal was VP Corporate Development at MAG Silver Corp. and was an advisor on corporate finance and investor relations to West Timmins Mining. He has raised more than $400 million for resources companies since 2004. Mr. Neal graduated from Dalhousie University with a B.Sc. in Biochemistry. 1977. He has also served as a member of the Dalhousie University Senate and Board of Governors.

http://www.desertstar.ca/s/news.asp?ReportID=706617  

Desert Star Appoints R. Stuart (Tookie) Angus to Advisory Board and $115,000 Financing

Vancouver, B.C. May 20, 2015: (TSXV: DSR) ("Desert Star" or the "Company") is pleased to announce the appointment of R. Stuart (Tookie) Angus to the Company's advisory board. Mr. Angus is an independent business advisor to the mining industry and is presently a director of Wildcat Silver Corp. and Chairman of Nevsun Resources Ltd. He was formerly Head of the Global Mining Group for Fasken Martineau. For the past 30 years, Mr. Angus has focused on structuring and financing significant international exploration, development and mining ventures. More recently, he was managing Director of Mergers & Acquisitions for Endeavour Financial and was responsible for merger and acquisition mandates. Mr. Angus is the former Chairman of the Board of BC Sugar Refinery Limited, he was a Director of First Quantum Minerals until June 2005, a Director of Canico Resources Corporation until its takeover by Brazil's CVRD in 2005, a Director of Bema Gold Corp. until its takeover by Kinross Gold Corporation in 2007, a Director of Ventana Gold Corp. until its takeover by AUX Canada Acquisition Inc. in 2011 and a Director of Plutonic Power Corporation until its merger with Magma Energy Corp. in 2011.

The Company would also like to announce a private placement (the "Private Placement") for gross proceeds of $115,000, through the issuance of units (each a "Unit") of Desert Star, at a price of $0.15 per Unit. Each Unit is comprised of one common share and one transferable common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional share of Desert Star for a period of two years from the date of issuance at a price of $0.25 per share. Mr. Tookie Angus will be subscribing for $100,000 of this financing.

http://www.desertstar.ca/s/news.asp?ReportID=708695  

Desert Star Closes Non-Brokered Private Placement for Gross Proceeds of $110,000

Vancouver, B.C.: June 4, 2015 (TSXV: DSR) ("Desert Star" or the "Company") is pleased to announce that it has closed its non-brokered private placement financing, previously announced by news release dated May 20, 2015 (the "Private Placement") for gross proceeds of $110,000 by the issuance of 733,333 units (each a "Unit") of the Company at a price of $0.15 per Unit. Each Unit is comprised of one common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance at a price of $0.25 per common share.

http://www.desertstar.ca/s/news.asp?ReportID=711155
 

Agreement Extensions and Corporate Update

Vancouver, B.C., July 23, 2015. Desert Star Resources Ltd. (TSX-V: DSR) ("Desert Star" or the "Company") is pleased to announce that the Company and Eurasian Minerals Inc. have signed amendment agreements for both the Red Top and Copper King projects (the "Projects") by which the parties have agreed to extend the time by which Desert Star is required to incur exploration expenditures and make AMR payments under the September 13, 2013 option agreements, as amended (the "Option Agreements"). The exploration expenditure requirements and AMR payments that were required to be completed and paid by the second anniversary date of the Option Agreements are now due 6 months following the parties' receipt of written approval from the US Forest Service regarding permitting for drilling of the Projects (the "New Expenditure Date"). Each of the third and subsequent anniversary expenditure requirements and AMR payments due under the Option Agreements (as disclosed in Desert Star's September 4, 2013 news release) will now fall annually on the anniversary of the New Expenditure Date.

Desert Star and Eurasian Minerals continue to work diligently with the US Forest Service towards the issuance of the drill permits for the Red Top and Copper King projects. "We have been subject to lengthy procedural delays, but remain optimistic that we will receive our drill permits in the near future. We are fully prepared to quickly mobilize and commence drilling once permits are received, as our drill contractor has been selected and base of operations and drill core facilities have been secured" stated Vince Sorace, President & CEO of Desert Star..

http://www.desertstar.ca/s/news.asp?ReportID=717020  

http://www.desertstar.ca/i/pdf/ppt/DSR_Presentation.pdf  

In der Nachbarschaft von BHP Billiton, Rio Tinto und Freeport: Desert Star Resources bereitet Bohrprogramm auf Kupfer-Projekt in Top-Location vor

http://rohstoffaktien.blogspot.de/2015/07/...ft-von-bhp-billiton.html  

http://www.desertstar.ca/i/media/DSR_FlyoverTour_sept302014.htm