Archive for ‘Press Releases 2009’

October 1, 2009 -Share Consolidation and AGM Announced

Caldera announces share consolidation and AGM for December 4, 2009
MONTREAL, Oct. 1, 2009 – Caldera Resources Inc. announced today that it will hold an Special and Annual General Meeting on December 4, 2009. The record date will be set for October 30, 2009.

At the meeting, the Shareholders will be asked to approve a resolution to consolidate the Corporation’s common shares on a 1-for-10 basis (the “Resolution”). If the Resolution is approved the Corporation’s outstanding shares would be reduced from 141,925,767 to 14,192,576.

Proposed Financing

The Corporation also announced that it will be raising up to $500,000 in equity financing by way of Private Placement. The closing for the transaction is set for October 30, 2009. The Corporation will be offering investors Subscription Receipts (the “Receipts”) priced at $1,000 per Receipt. The …

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October 6, 2009 – Armenian Subsidiary Receives Permit on Lichkvaz-Tey Project

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October 20, 2009 – Receives Further Permission on Lichkvaz-Tey Project

CALDERA RECEIVES FURTHER GOVERNMENT PERMISSION TO REVIEW THE LICHKVAZ GOLD PROJECT IN ARMENIA SYMBOL: TSX-V: CDR

MONTREAL, QUEBEC, October 20, 2009. Caldera Resources Inc. (TSX.V: CDR) announced today that the Ministry of Energy and Mines of the Republic of Armenia, has issued an Order granting Caldera’s subsidiary, Biomine LLC, permission to access the Lichkvaz-Tey gold project, to conduct its sampling campaign and due diligence review.

This order follows the permission received from the Minister of the Environment of Armenia, earlier this month; all with the goal to successfully introduce commercially proven bioleaching technology for the recovery of gold and copper to Armenia.

Bill Mavridis, President of Caldera stated: “We are pleased that we have received this support from the Armenian …

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November 13, 2009- Closing of Private Placement of $92,000

Caldera closes private placement
MONTREAL, Nov. 13 /CNW Telbec/ – Caldera Resources Inc. (the “Company”)announced today that it closed its non-brokered private placement. The Company issued 92 Subscription Receipts for gross proceeds of $92,000.

All securities issued of the offering, and the underlying securities, are subject to a four-month hold period that expires April 4, 2010, with the two-year warrants expiring December 4, 2011.

Pending approval of the resolution to consolidate the Company’s common shares on a 1 for 10 bases, at the upcoming AGM, the Receipts will be converted at $0.1125 per Share. Each Share issued will include 1 full Warrant. The exercise price of the Warrants would be set at$0.15 expiring in 24 months. Each Receipt held will be converted to 8,888 Shares and 8,888 Warrants (fractions will be dropped).

If the Resolution …

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November 17, 2009 -Sampling Commenced at Lichkvaz-Tey gold projec

Caldera To Commence Sampling Armenian Gold Project

MONTREAL, Nov. 17, 2009 – Caldera Resources Inc. announced today that it has engaged the services of Mr. Ricardo Valls, M.Sc., P.Geo, to supervise and collect fresh surface and underground samples at the Lichkvaz-Tey refractory gold project in Armenia. Mr. Valls is an independent geologist and member of the Ordre du Géologues du Québec and the Association of Professional Geoscientists of Ontario.

All samples collected will be shipped to SGS Lakefield for preparation and analysis. Samples from SGS will be shipped to BacTech Mining Corporation for bioleach analysis at the University of Toronto. Results of the bioleaching study will provide firsthand data, confirming that the refractory ore at Lichkvaz-Tey gold project is amenable to …

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December 8, 2009 – Completion of sampling at Lichkvaz-Tey gold project

Successful completion of sampling program at Lichkvaz-Tey gold project in Armenia
MONTREAL, Dec. 8 /CNW Telbec/ – Caldera Resources Inc. (the “Company”) announced today that it has completed its sampling program at the Lichkvaz-Tey gold project in Armenia.

As mentioned in the November 17, 2009 news release, the Lichkvaz-Tey gold property has a Soviet-era GKZ mineral resource, categorized as C1 and C2, of 2.781 million tonnes grading on average 6.18 g/t Au, 34.2 g/t Ag and 0.41% Cu. This translates to approximately 553,895 oz of gold, 3 million oz of silver and 25 million pounds of copper.

Under the supervision of Mr. Ricardo Valls, M.Sc., P.Geo, independent geologist for the Company, approximately 400kg of samples were collected and have been packed for shipment from Yerevan, Armenia to SGS Lakefield, Canada. Approximately 340kg of these samples will …

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December 21, 2009 – Caldera and Global Gold Announce JV on Marjan Gold Project

Caldera Resources Inc. and Global Gold Corporation announce joint venture on the Marjan Gold Project in Armenia
MONTREAL, Dec. 21, 2009 – Caldera Resources Inc. and Global Gold Corporation are pleased to announce that they have entered into a letter agreement outlining the terms of a Joint Venture, whereby Caldera shall, subject to terms and conditions, earn a 55% interest in the Marjan Gold-Silver-Polymetallic Project after completing a bankable feasibility study on the project or spending US$3.0M on the property.

As additional consideration, Caldera will be making a non-refundable US$50,000 deposit and issue 500,000 shares of the company on a post-consolidated basis. Caldera will also make a …

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December 23, 2009 – Shareholders approve Share Consolidation

Caldera Shareholders approve Share Consolidation
MONTREAL, Dec. 23 /CNW Telbec/ – Caldera Resources Inc. would like to announce that the Annual General and Special Meeting of the Shareholders of the Corporation was held this morning at the office of the Corporation.

The shareholders approved the following resolutions for:

The consolidation of the Corporation’s shares on a 1 for 10 Basis;
The appointment of Bratt Fremeth Star as its auditors;
The nomination of Mark Billings, Bill Mavridis, Ross Orr, Steve Roebuck and Lorne Woods, to the Board of Directors of the Corporation;

Mr. John Mavridis, the former Director of the Corporation, did not stand for election due to other business commitments. The Board would like to thank John Mavridis for serving as its Director and Chairman of the Corporation during the last …

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December 02, 2009 – Raise 405K PP

CALDERA RESOURCES TO RAISE UP TO $405,000 IN NON-BROKERED PRIVATE PLACEMENT

Symbol:TSX-V:  CDR

December 22, 2009 – Montreal – Caldera Resources Inc. (the “Corporation”) announced that it intends to raise up to $405,000 in a non-brokered Private Placement of subscription receipts. The closing date of the financing is scheduled for January 15, 2010. The Corporation anticipates having several closings as subscriptions are received. Completion of the private placement is subject to approval by the TSX Venture Exchange.

The Corporation will be offering investors a total of 3,600 Subscription Receipts (the “Receipts”) priced at $112.50 per Receipt. The Receipts will be automatically converted to Common Shares (the “Shares”) with an equal number of Share Purchase Warrants (the “Warrants”) upon the completion of the Corporation’s share consolidation on the TSX …

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December 24, 2009 – Closes First Tranche PP

Caldera Closes First Tranche of its Non-Brokered Private Placement
MONTREAL, Dec. 24, 2009 – Caldera Resources Inc. (the ”Corporation”) announces that it has closed the first tranche of its non-brokered private placement, which was announced on December 21, 2009. One institutional investor acquired 2,000 Subscription Receipts (“Receipts”) for a total investment of $225,000. The Receipts will be converted to 2,000,000 common shares (the “Shares”) and 2,000,000 common share purchase warrants (the “Warrants”) on a post-consolidated basis. Each Warrant entitles the holder thereof to acquire one additional Share at a price of $0.15 for 24 months from issuance. The Receipts will be converted automatically to the underlying Shares and Warrants as soon as the consolidation of the shares of the Corporation is complete. There will be a four (4) month hold on all …

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