Augusta Closing of $5 Million Private Placement

Augusta Closing of $5 Million Private Placement

Augusta Resource Corporation announces the closing of a non-brokered private placement of 3.35 million units at a price of $1.50 per unit for gross proceeds of $5,025,000. The transaction is fully subscribed by Kestrel Holdings Ltd., a private company 100% held by Vancouver mining entrepreneur Ross Beaty. Each unit comprises one common share and one non-transferable share purchase warrant entitling... 

Augusta Signs New Letter of Intent With Silver Wheaton

November 1, 2008 Filed Under: Copper Mining, Molybdenum Mining  

Augusta Resource Corporation announced that it has signed a letter of intent with Silver Wheaton Corp. dated October 31, 2008 regarding a new silver purchase agreement. The new letter supercedes the December 19, 2007 letter of intent between Silver Wheaton and Augusta. An update of Augusta’s August 2007 bankable feasibility study, reflecting an increased mineral resource, is expected to be completed... 

Augusta to Commence Trading on the Toronto Stock Exchange on August 10, 2006

August 10, 2006 Filed Under: Mining Services, Mining Stocks, Molybdenum Mining  

Augusta Resource Corporation is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange (“TSX”) and will commence trading on the TSX on August 10, 2006 under the symbol “AZC”. As of the market close today, Augusta will no longer trade on the TSX Venture Exchange. The Company’s graduation to the TSX fulfils a corporate strategy... 

Augusta Files Plan of Operations with U.S. Forest Service and to Commence NEPA/EA Process

August 3, 2006 Filed Under: Mining Services, Molybdenum Mining  

Augusta Resource Corporation submitted its formal Plan of Operations to the United States Forest Service for the company’s 100% owned Rosemont copper/molybdenum project in Pima County, Arizona, 30 miles southeast of Tucson. The benchmark document signals the kickoff of the environmental assessment (“EA”) and public review processes for the project. “This is a significant step...