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GBARF (Monarch Mining Corporation) is no longer actively trading.
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GBARF does not currently pay a dividend.
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Monarch Mining Corporation, a company specializing in gold extraction, is dedicated to exploring and developing mineral-rich sites across Canada. The firm's extensive portfolio includes 295 square kilometers of mining assets, prominently featuring the Beaufor mine, the Croinor, McKenzie, and Swanson properties, and the Beacon Mill. Founded in 2020, its headquarters are situated in Saint-Sauveur, Canada.
MONTREAL, April 03, 2024 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) announces the closing of its previously-announced transactions with Probe Gold Inc. (“Probe”) for the sale of the Beaufor Property and the McKenzie Break Property to Probe, and with Bullrun Capital Inc. (“Bullrun”) for the sale of the Swanson Property to Bullrun.
MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) announces that it has entered into binding agreements for the sale of its Beaufor, McKenzie Break and Swanson properties (the “Transactions”). The Transactions are the culmination of the Corporation's previously announced court-approved sale and investment solicitation process (“SISP”) carried out by PricewaterhouseCoopers Inc. in its capacity as Monitor in the Corporation's ongoing proceedings pursuant to the Companies' Creditors Arrangement Act (the “CCAA Proceedings”).
MONTREAL, Dec. 05, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) announces that an order was issued by the Superior Court of Québec on November 15, 2023 (the “Order”) authorizing PricewaterhouseCoopers Inc. (the “Monitor”) to initiate a sale and investment solicitation process (the “SISP”) for the business, in whole or in part.
MONTREAL, Nov. 15, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) announces that Investissement Québec (“IQ”), one of its creditors, has filed an application with the Superior Court of Quebec (“Court”) under the Companies' Creditors Arrangement Act (“CCAA”) to place the Corporation under the protection of the CCAA. The Court has issued an initial order today under the CCAA in relation to the Corporation. PricewaterhouseCoopers Inc. has been appointed as the monitor (“Monitor”) to oversee the activities of the Corporation during the CCAA process.
MONTREAL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) announces that Investissement Québec, one of its creditors, has filed a request pursuant to the Companies' Creditors Arrangement Act (“CCAA") with the Quebec Superior Court to place the Corporation under the protection of the CCAA.