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MCDMF (MacDonald Mines Exploration Ltd.) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
May 8, 2025 – TheNewswire - Canuc Resources Corporation (TSXV: CDA) (QTCQB: CNUCF) (“ Canuc ”) and Macdonald Mines Exploration Ltd. (“ Macdonald Mines ”) are pleased to announce the completion of the previously announced arrangement (“ Arrangement ”) whereby Canuc has acquired all of the issued and outstanding shares of Macdonald Mines (the “ Macdonald Mines Shares ”), subject to delivery of post-closing documentation to TSXV and final TSXV acceptance. The Arrangement results in Canuc acquiring 100% of Macdonald Mines Shares and a successor entity to Macdonald Mines becoming a wholly owned subsidiary of Canuc, such that all of the assets and liabilities of Macdonald Mines are now beneficially owned by Canuc. Pursuant to the Arrangement, Canuc issued an aggregate of 73,768,343 shares and shareholders of Macdonald Mines received 1.497 Canuc shares for each Macdonald Mines Share (the “ Exchange Ratio ”), including approximately 1,796,400 Canuc shares issued as a result of the recent exercise of an aggregate of 1,200,000 BMK warrants.
Toronto, Ontario--(Newsfile Corp. - May 8, 2025) - Canuc Resources Corporation (TSXV: CDA) (QTCQB: CNUCF) ("Canuc") and Macdonald Mines Exploration Ltd. ("Macdonald Mines") are pleased to announce the completion of the previously announced arrangement ("Arrangement") whereby Canuc has acquired all of the issued and outstanding shares of Macdonald Mines (the "Macdonald Mines Shares"), subject to delivery of post-closing documentation to TSXV and final TSXV acceptance.
Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc") and Macdonald Mines Exploration Inc. (TSXV: BMK) (OTC Pink: MCDMF) ("Macdonald Mines") announce a delay in the previously announced transaction whereby Canuc will acquire all of the shares of Macdonald Mines (the "Transaction"). The anticipated trading halt in respect of the Macdonald Mines shares on May 5, 2025 has not occurred.
April 1, 2025 – TheNewswire - VANCOUVER, B.C. – MACDONALD MINES EXPLORATION LTD. (“BMK” or the “Company”) (TSX:V - BMK) is pleased to announce that the holders of BMK shares have approved the previously announced (on December 3, 2024) acquisition of BMK by Canuc Resources Corp. (“CDA”) pursuant to a plan of arrangement under the Canada Business Corporations Act (the “Arrangement”). At the special meeting of BMK shareholders held on March 31st, an aggregate of 15,947,334 shares were voted in favour of a special resolution approving the Arrangement, representing 99.9% of the votes cast. Completion of the Arrangement remains subject to the approval of the Superior Court of Justice (Ontario) and other customary closing conditions. Application to the Court for the Final Order approving the Arrangement is expected to be made on Friday, April 4, 2025.
Toronto, Ontario--(Newsfile Corp. - March 26, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc") and Macdonald Mines Exploration Inc. (TSXV: BMK) (OTC Pink: MCDMF) ("Macdonald Mines" or the "Company") would like to update shareholders ("Shareholders") of Macdonald Mines and provide certain supplemental information with respect to the previously announced transaction with Canuc (see press releases of December 3, 2024 and February 13, 2025). The Meeting The special meeting of Company Shareholders (the "Meeting") is scheduled to be held on March 31, 2025 at 10am (Vancouver time) to approve a statutory arrangement ("Arrangement") under section 192 of the Business Corporations Act (Canada) which involves, among other things, the indirect acquisition by Canuc of all of the common shares of the Company (the "Transaction").
Toronto, Ontario--(Newsfile Corp. - March 7, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") announces terms of a non-brokered private placement financing ("Private Placement") which is a condition of the Arrangement Agreement with MacDonald Mines Exploration Inc. (TSXV: BMK) (OTC Pink: MCDMF) ("MacDonald Mines"). On Feb 13th, 2025, Canuc and MacDonald Mines announced terms of an Arrangement Agreement whereby Canuc will purchase all outstanding shares of MacDonald Mines.
Toronto, Ontario – February 27, 2025 – TheNewswire - MacDonald Mines Exploration Ltd. (TSX-V: BMK, OTC: MCDMF) (“MacDonald Mines” or the “Company”) is pleased to announce the initial results from 4 drill holes from its drilling program that took place in January 2025 on its 100% owned SPJ Project near Sudbury, Ontario. The 2025 drilling program was planned in collaboration with Canuc Resources Corporation (“ Canuc ”) and consisted of 6 drill holes totaling 815 m that targeted the lenses of gold mineralization associated with the North Pit of the Scadding Gold Deposit. On February 13, 2025, Canuc and MacDonald announced a definitive arrangement agreement pursuant to which Canuc will acquire all of the issued and outstanding shares of Macdonald Mines.
Toronto, Ontario--(Newsfile Corp. - February 13, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc") and Macdonald Mines Exploration Inc. (TSXV: BMK) (OTC PINK: MCDMF) ("Macdonald Mines") are pleased to announce, further to their respective press releases dated December 3rd, 2024, that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Canuc will acquire all of the issued and outstanding shares of Macdonald Mines (the "Transaction"). The Transaction is to be completed by way of a plan of arrangement (the "Arrangement") under the provisions of the Canada Business Corporations Act.
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