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Vanstar Mining Resources Inc. - $VMNGF STOCK NEWS

Welcome to our dedicated page for Vanstar Mining Resources news (Ticker: $VMNGF), a resource for investors and traders seeking the latest updates and insights on Vanstar Mining Resources stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vanstar Mining Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vanstar Mining Resources's position in the market.

News
Vanstar Completes Plan of Arrangement with IAMGOLD
Rhea-AI Summary
Vanstar Mining Resources Inc. announces the successful completion of a plan of arrangement with IAMGOLD Corporation, where IAMGOLD acquired all Vanstar common shares. The consideration was 0.2008 IAMGOLD common shares for each Vanstar share, valuing each Vanstar share at C$0.69. The arrangement was approved by Vanstar shareholders and the court, leading to the expected delisting of Vanstar shares from various stock exchanges.
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Vanstar Announces Shareholder Approval of Arrangement with IAMGOLD
Rhea-AI Summary
Vanstar Mining Resources Inc. announces the overwhelming approval of the plan of arrangement with IAMGOLD Corporation by its shareholders. The arrangement implies a value of C$0.69 for each Vanstar Share, and it is expected to be completed in the middle of February, subject to customary closing conditions. Following completion, Vanstar Shares will be delisted from the TSX Venture Exchange, the OTCQX, and the Frankfurt Stock Exchange.
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End-of-Day
-0.47%
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Vanstar Files Special Meeting Materials for Friendly Acquisition by IAMGOLD Corporation
Rhea-AI Summary
Vanstar Mining Resources Inc. (TSXV: VSR) (OTCQX: VMNGF) (FSE: 1V8) is pleased to announce that it has mailed its management information circular dated January 4, 2024, to holders of common shares of Vanstar in connection with the special meeting to be held on February 6, 2024. Vanstar Shareholders will vote on a special resolution approving the Company's transaction with IAMGOLD Corporation, whereby IAMGOLD will acquire all of the issued and outstanding Vanstar Shares by way of a court-approved plan of arrangement. Shareholders will receive 0.2008 of an IAMGOLD common share for each Vanstar Share, representing a 74% premium to the 20-day VWAP of the Vanstar Shares on the TSX Venture Exchange as of December 1, 2023. The closing of the Arrangement is expected to be completed in the first quarter of 2024.
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Vanstar Announces Friendly Acquisition by IAMGOLD
Rhea-AI Summary
Vanstar Mining Resources Inc. (TSXV: VSR) (OTCQX: VMNGF) (FSE: 1V8) has entered into a definitive arrangement agreement with IAMGOLD Corporation (NYSE:IAG) (TSX:IMG) for IAMGOLD to acquire all of Vanstar's issued and outstanding common shares, providing a 74% premium to the 20-day VWAP of the Vanstar Shares on the TSXV as of December 1, 2023. The total consideration payable by IAMGOLD based on the Consideration Value is approximately C$45 million on a fully diluted in-the-money basis. The Transaction is subject to shareholder and court approvals, as well as customary closing conditions, including regulatory approvals and third party consents.
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End-of-Day
35.97%
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Vanstar Reports Results from 2023 Drilling Program on the Nelligan Project
Rhea-AI Summary
Vanstar Mining Resources Inc. (TSXV: VSR) (OTCQX: VMNGF) (FSE: 1V8) announces results from the 2023 diamond drill program on the Nelligan joint venture project. The Nelligan Gold project hosts Indicated Mineral Resources of 2.0 million ounces and Inferred Mineral Resources containing 3.6 million ounces of gold. The deposit remains open in all directions, showing significant growth potential. The exploration program has provided encouraging results, and drilling will resume early this winter.
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End-of-Day
35.97%
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Prospecting Work Commences on The Amanda Project
Rhea-AI Summary
Vanstar Mining Resources Inc. announces start of prospecting program on Amanda project
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6.81%
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Vanstar Options the Amanda Project to Mosaic Minerals
Rhea-AI Summary
Vanstar Mining Resources Inc. has reached an agreement with Mosaic Minerals Corporation for the exploration of the Amanda property in Quebec for its lithium and gold potential. Mosaic will earn a 50% interest by spending $1 million in exploration expenditures and issuing 4 million shares to Vanstar over the next three years.
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End-of-Day
4.64%
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Vanstar Announces Drilling Resumes at the Nelligan Project
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20.97%
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The Power Play by The Market Herald Releases New Interviews with Independence Gold, Vanstar Mining and Pan Global Resources Discussing Their Latest News
Rhea-AI Summary
The Power Play by The Market Herald has released new interviews with Independence Gold, Vanstar Mining, and Pan Global Resources. Independence Gold announces a proposed equity financing of up to $1.5 million. Vanstar reports expanded gold mineralization from winter drilling. Pan Global reports visible copper and tin mineralization from initial drilling at Romana West.
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End-of-Day
-4.7%
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Vanstar Reports Winter Drilling Results from Nelligan - Gold Mineralization Expanded Along Strike to the East
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Vanstar Mining Resources Inc.

OTC:VMNGF

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VMNGF Stock Data

28.87M
57.63M
2.29%
3.82%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
La Prairie