Redcorp Announces Court Ordered Extension of Stay and Related Relief Under CCAA Restructuring

Redcorp Ventures Ltd. announced that all of the relief granted in the order made by the British Columbia Supreme Court pursuant to its filing with Redfern Resources Ltd. under the Companies’ Creditors Arrangement Act (“CCAA”) on March 4, 2009, including the stay period as therein defined, is continued and extended until June 16, 2009 by order of the Court. The Court ordered that Redcorp... 

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Redcorp Ventures Ltd.: Appointment of Owner’s Project Management Team

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redfern Resources Ltd., are pleased to announce the appointment of Global Project Management Corporation to head the Tulsequah Chief Mine project management team and provide Owner’s representation on site and with external contractors. Global’s principal is William (Bill) McKenzie, P.Eng., a well-known expert in project development... 

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Redcorp Signs New Concession Agreement at Lagoa Salgada

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redcorp Empreendimentos Mineiros Unipessoal Lda, announce a new concession agreement with the Portugal Government for the Lagoa Salgada project. The new agreement, effective October 1, 2008, increases the concession area from 103 km2 to 208.4 km2 and reduces the minimum expenditures required to maintain the concession during the next two years,... 

Redcorp Executes Definitive Agreement With Gold Wheaton Gold Corp.

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redfern Resources Ltd., are pleased to announce that the Company has executed the definitive agreement governing the gold sale transaction between the Company and Gold Wheaton Gold Corp. previously announced on June 12, 2008. The agreement provides for total upfront payment of US$90 million to the Company in return for Gold Wheaton’s interest... 

Redcorp Ventures Ltd.: Extension to Closing of Gold Wheaton Transaction

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redfern Resources Ltd. announce the execution of an agreement to amend certain terms of the Company’s previously announced letter of intent with Gold Wheaton Corp. pursuant to which Gold Wheaton agreed to purchase 100% of the life of mine gold production from Redfern’s Tulsequah Chief Mine and any other mines within a defined project...