Translate

Search This Blog

Search Tool




Dec 1, 2011

From The Desk Of Nick Nicolaas - Mining Interactive: Mawson Proposes Two Separate Public Companies with Spin-Out of Peruvian Assets



MAWSON RESOURCES LTD.
TSX - MAW; Frankfurt - MRY (WKN# A0B 8YJ); Pinksheets - MWSNF

MAWSON PROPOSES A SPIN-OUT OF ITS PERUVIAN ASSETS AND PROPOSES THE REORGANIZATION OF ITS BUSINESS AND CAPITAL STRUCTURE RESULTING INTO TWO SEPARATE PUBLIC COMPANIES
1)    Pursuant to the proposed Spin-Out, Mawson has incorporated a new subsidiary Darwin Resources Corp. (“Darwin”) to which it will transfer all of the outstanding shares of Mawson Peru S.A.C. and 100% of its rights and interests in Altynor Peru S.A.C;

2)    The shares of Darwin will be distributed to shareholders of Mawson as a return of capital by way of a plan of arrangement (the "Arrangement") under the Corporations Act (British Columbia);

3)    The Arrangement will be voted on at a special meeting of Shareholders of Mawson which is anticipated to be held in early 2012, and will be subject to numerous conditions including shareholder and court approval, approval by, and listing of the Darwin shares on either the TSX Venture Exchange or the TSX and completion of all required regulatory filings;

4)    Dr. Graham Carman will be Darwin's President & CEO.  Dr. Carman has 25 years global exploration experience and 7 years direct exploration and managerial experience in Peru, firstly with Rio Tinto and then with Savage Resources and Pasminco Ltd as Exploration Manager until 2000. Until recently he was the founder and Managing Director of Paradigm Metals Ltd (ASX:PDM).  He obtained his geological doctorate from Monash University in Melbourne studying the world-class Lihir Island gold deposit PNG.

Dr. Carman will be joining Darwin full time from January 1 2012.
States Michael Hudson, Mawson President & CEO:
"Mawson's 100% owned Rompas gold discovery in Finland has developed into a significant project that will take a majority of Mawson's focus and resources for the foreseeable future.  Nevertheless, an experienced team has been working diligently over the last year to acquire a prospective gold and copper portfolio in Peru. The Board has decided that shareholders will benefit by placing the Company's Peruvian assets in a standalone vehicle.  

We are thrilled that Dr. Graham Carman has accepted the role to run Darwin.  He will manage a first class team headed by both Mr. Georg Winkelmann as Managing Director of Darwin's Peruvian companies and Mr. Rolando Ligarda as Darwin's Exploration Manager for South America.  Importantly, all three gentlemen have a long and successful history working together over the last 16 years.  

We look forward to announcing further details regarding the Darwin spin-out as they become available."



Dear Fernando:
This is really very positive news.  Now, subject of course to approvals by the regulating authorities and the courts, we will have shares in two (2) public companies instead of one:
  • Shares in Mawson Resources with its stellar flagship Rompas property in Finland; and
  • Shares in Darwin Resources with a focus on large, long life, gold/copper deposits in Latin America.
I would call that a serious return on investment.

Click Here for Mawson’s Latest Gold/Uranium 2-page Summary
Stay Tuned - - as the Mawson Story unfolds!!
Regards from Atlantic City,
Nick Nicolaas
 Mining Interactive   "Ahead of the Pack"


For more MAWSON information contact:
Mining Interactive Corp.
Donna Werbes
(778) 968-1623
donna@mininginteractive.com
 or
Nick L. Nicolaas
(604) 657-4058
nick@mininginteractive.com
   

Smartcompany News & Analysis: Data shows jump in industrial action, Mortgage brokers merge, Rich lister buys tourism icon as his private island, Five advertising phrases to watch

smart company logo image

Today on SmartCompany we take a look at the big jump in industrial action and explain why it’s likely to increase into 2012. We also ask what the big dip in home approvals means for the housing sector, meet the billionaire whose bought Dunk Island for his private holiday home and look at five words you should be careful about using in your marketing. Plus in Entrepreneur Watch, James Thomson looks at the career of one of our top female entrepreneurs.

If you are a reader in Sydney, here’s a special offer for you. The Global Leadership Forum will be held in Sydney on December 12, featuring Martha Stewart, George Clooney, Russell Simmons, Jef Taylor, Muhammad Yunus and Michael Fertik live (see www.growthfaculty.com.au for more details). We’ve got a free ticket for the first two Sydney readers to email us at feedback@smartcompany.com.au.

If you aren’t in Sydney, don’t forget to take our SmartCompany-WHK SME Directions Survey. You could win a planning session with a WHK expert.

For all this and more, head to our home page.

How I
How I rescued my business after being wrecked by the financial crisis
Aspect Personnel co-founder Matthew Sampson reveals how the business recovered after being hit hard by the GFC. BY PATRICK STAFFORD.
Matthew Sampson

Marketing Strategies
Using reference groups and referrals
Never forget that your customers are likely to tell others in their referral group of their experiences with you – good or bad. BY TOM MCKASKILL.
Marketing Strategies

Aunty B
An IT project has run hugely over budget. Help!
Any company contemplating a large technology project should take a stress test designed to assess its readiness.
Aunty B

Gen-Y Millionaire
Kirsty Dunphey
Have you had a client break it off through no fault of your own? Here's why you should make the transition as seamless as possible for them.
Kirsty Dunphey

Female Entrepreneur
Naomi Simson
Clearly the actions we take as a leader speak very loudly to those around us.
Naomi Simson

The Futurist
Colin Benjamin
Overcoming economic gloom requires a commitment to innovation, creativity and renewal through productivity enhancements.
Colin Benjamin

Entrepreneur Watch
James Thomson
Outgoing chief Christine Christian has managed to boost the value of Dun & Bradstreet nine-fold. It’s a fabulous legacy.
James Thomson

The AustralianIT - PiNG: IT skills in demand as crisis looms



IT skills in demand as crisis looms
Jennifer Foreshew GLOBAL uncertainty and a slowdown in hiring has not dampened demand for niche or specialist IT skills, data finds.
Telstra runs out of time on NBN
Mitchell Bingemann and Annabel Hepworth NEW fears of delays to the rollout of Australia's high-speed National Broadband Network emerged last night.
YouTube today, YourTube tomorrow
Fran Foo THE humble remote control has been transformed on the internet by video-sharing giant YouTube.
TPG raises stakes in iiNet scrap
Mitchell Bingemann JUST weeks after being outed as a major shareholder in iiNet, rival TPG Telecom has again upped its stake in the stock.
E-health records liability raised
Karen Dearne INCREASED legal liability for doctors maintaining e-health records on behalf of patients "is a major disincentive" to participation.
Chrome overtakes Firefox
GOOGLE'S Chrome browser overtook Mozilla's Firefox as the No. 2 web browser by market share for the first time globally in November
Clear e-health laws a must
Karen Dearne IDC warns of the need for clearer compliance laws for healthcare records, and says Australia will set the standard for the region.
Medibank weighs in on e-health
Karen Dearne MEDIBANK wants the government to consider the workload impact on medical providers as the e-health records system is rolled out.
Pinchev to lead Acronis
Paul Broekhuyse ALEX Pinchev is to replace Jason Donahue as president and chief executive of Acronis, a data protection and disaster recovery firm.
Click here for all headlines

IT Business
Salmat signs up Avaya to open net
Harvey's threat to advertising
Supporting legislation needed
ISPs' anti-piracy proposal rejected
Exec Tech
Sony delivers small-screen Android
Pets collared by tracking devices
Face to face with Nexus phone
No local PlayBook price cuts
Opinion
Telco war over, says Quigley
John Durie MIKE Quigley says many in the telecommunications sector have forgotten the war ended some time ago.