Dominion Lending Centres Clearlease Reports Ursa Major Minerals (TSX:UMJ) seeks strategic options for Toronto-based miner
VANCOUVER, BC – (May 9, 2011) Clearlease Reports Ursa Major Minerals Inc. (TSX:UMJ), a Toronto-based junior mineral explorer, says it has formed a special committee of the board to evaluate the strategic and financial alternatives available to the nickel company to boost shareholder value.
The move, announced Monday May 9, 2011, comes a few days after Inspiration Mining Corp., Ursa’s biggest shareholderr, said it will nominate alternate directors at Ursa annual and special meeting June 23.
Ursa said it has hired Raymond James Ltd. as its financial adviser to help the special committee in the process.
Ursa Major has two Ontario nickel mining projects —the Shakespeare Mine as well as nickel, copper and platinum group metal deposits.
On Friday, Inspiration Mining said it wants new directors on the Ursa board to help the company improve its oerations to boost its value.
“As the largest shareholder of Ursa Major, we continue to be concerned that after numerous attempts at engagement, the current board is not taking the necessary steps in order to maximize near term value for Ursa shareholders,” said Inspiration chairman Randy Miller.
“We are confident that a new slate will address operational issues within Ursa and will be a powerful first step in unlocking significant shareholder value.”
Inspiration Mining explores for nickel on its Langmuir property near Timmins in northern Ontario. It also explores nickel-gold-copper on its Cleaver and Douglas properties.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC – (May 9, 2011) Clearlease Reports Ursa Major Minerals Inc. (TSX:UMJ), a Toronto-based junior mineral explorer, says it has formed a special committee of the board to evaluate the strategic and financial alternatives available to the nickel company to boost shareholder value.
The move, announced Monday May 9, 2011, comes a few days after Inspiration Mining Corp., Ursa’s biggest shareholderr, said it will nominate alternate directors at Ursa annual and special meeting June 23.
Ursa said it has hired Raymond James Ltd. as its financial adviser to help the special committee in the process.
Ursa Major has two Ontario nickel mining projects —the Shakespeare Mine as well as nickel, copper and platinum group metal deposits.
On Friday, Inspiration Mining said it wants new directors on the Ursa board to help the company improve its oerations to boost its value.
“As the largest shareholder of Ursa Major, we continue to be concerned that after numerous attempts at engagement, the current board is not taking the necessary steps in order to maximize near term value for Ursa shareholders,” said Inspiration chairman Randy Miller.
“We are confident that a new slate will address operational issues within Ursa and will be a powerful first step in unlocking significant shareholder value.”
Inspiration Mining explores for nickel on its Langmuir property near Timmins in northern Ontario. It also explores nickel-gold-copper on its Cleaver and Douglas properties.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports Ursa Major Minerals (TSX:UMJ) seeks strategic options for Toronto-based miner
VANCOUVER, BC – (May 9, 2011) Clearlease Reports Ursa Major Minerals Inc. (TSX:UMJ), a Toronto-based junior mineral explorer, says it has formed a special committee of the board to evaluate the strategic and financial alternatives available to the nickel company to boost shareholder value.
The move, announced Monday May 9, 2011, comes a few days after Inspiration Mining Corp., Ursa’s biggest shareholderr, said it will nominate alternate directors at Ursa annual and special meeting June 23.
Ursa said it has hired Raymond James Ltd. as its financial adviser to help the special committee in the process.
Ursa Major has two Ontario nickel mining projects —the Shakespeare Mine as well as nickel, copper and platinum group metal deposits.
On Friday, Inspiration Mining said it wants new directors on the Ursa board to help the company improve its oerations to boost its value.
“As the largest shareholder of Ursa Major, we continue to be concerned that after numerous attempts at engagement, the current board is not taking the necessary steps in order to maximize near term value for Ursa shareholders,” said Inspiration chairman Randy Miller.
“We are confident that a new slate will address operational issues within Ursa and will be a powerful first step in unlocking significant shareholder value.”
Inspiration Mining explores for nickel on its Langmuir property near Timmins in northern Ontario. It also explores nickel-gold-copper on its Cleaver and Douglas properties.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk