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MNDJF (Mandalay Resources Corporation) is no longer actively trading.
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Mandalay Resources Corporation is a natural resource enterprise whose operations span the entire lifecycle of mineral properties. Its core business encompasses the acquisition, exploration, extraction, processing, and eventual reclamation of sites, with a particular focus on deposits containing gold, silver, and antimony. The company's principal assets are two fully-owned mines: the Costerfield gold-antimony mine in Central Victoria, Australia, and the Björkdal gold mine situated in Västerbotten County, northern Sweden. Established in 1997, Mandalay Resources is headquartered in Toronto, Canada.
Shares of Mandalay Resources Co. (OTCMKTS:MNDJF - Get Free Report) shot up 5.7% on Thursday. The company traded as high as C$3.93 and last traded at C$3.92. 631,813 shares were traded during trading, an increase of 2,115% from the average session volume of 28,528 shares. The stock had previously closed at C$3.71. Mandalay Resources
PERTH, Australia and TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK) (“Alkane”) and Mandalay Resources Corporation (“Mandalay”) (TSX: MND, OTCQB: MNDJF) are pleased to announce the successful closing of their merger. The transaction was effected by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”), whereby Alkane acquired all of the issued and outstanding common shares of Mandalay (the “Mandalay Shares”). Under the terms of the Arrangement, Mandalay shareholders are entitled to receive 7.875 fully paid ordinary shares of Alkane (the “Alkane Shares”) for each Mandalay Share held. The combined company will continue operating as “Alkane Resources Limited” and will remain listed on the ASX and headquartered in Perth.
TORONTO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”), pursuant to which Alkane Resources Limited (“Alkane”) will acquire all of the issued and outstanding common shares of Mandalay (“Mandalay Shares”). Under the Arrangement, shareholders of Mandalay will be entitled to receive, for each Mandalay Share held, 7.875 fully paid ordinary shares in the capital of Alkane.
Toronto, Ontario--(Newsfile Corp. - July 29, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc. , is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality.
TORONTO, July 28, 2025 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to announce that Mandalay shareholders (the “Mandalay Shareholders”) have overwhelmingly approved a special resolution (the “Arrangement Resolution”) authorizing an arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”) pursuant to which Alkane Resources Limited (“Alkane”) (ASX: ALK, OTC: ALKEF) will indirectly acquire all of the issued and outstanding common shares of Mandalay (the “Mandalay Shares”) at a special meeting (the “Meeting”) of Mandalay Shareholders held earlier today on July 28, 2025.