18 May 2010substantial holder notice● Neutral
Caitlin Jeffs disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (15.80% of votes).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 Apr 2010director interest notice● Neutral
Thompson Michael became a RED METAL RESOURCES, LTD. Vice President of Exploration and company insider (initial ownership filing).
30 Apr 2010director interest notice● Neutral
Jeffs Caitlin became a RED METAL RESOURCES, LTD. CEO and President and company insider (initial ownership filing).
30 Apr 2010director interest notice● Neutral
Richard Jeffs became a RED METAL RESOURCES, LTD. 10%+ owner and company insider (initial ownership filing).
30 Apr 2010director interest notice● Neutral
Dacosta Joao became a RED METAL RESOURCES, LTD. Chief Financial Officer and company insider (initial ownership filing).
2 June 2009listing compliance notice▼ BadMajor
RED METAL RESOURCES, LTD. deregistered its securities, ending its obligation to file reports with the SEC.
15 May 2009material agreement● Neutral
Richard N. Jeffs, a significant stockholder and father of the CEO, lent the company $11,000 on May 8 and $7,000 on May 12, 2009. The loans are repayable on demand and carry 8% annual interest, compounded monthly.
4 May 2009late filing notice▼ Bad
RED METAL RESOURCES, LTD. notified the SEC that its annual report would be filed late.
15 Apr 2009material agreement● Neutral
The company's Chilean subsidiary signed a consulting agreement with Minera Farellón (April 1 to December 31, 2009) for project administration at about $3,000 a month, with optional truck and office rentals of about $1,000 a month each. Minera Farellón is half owned by Richard N. Jeffs, the father of the company's president. Separately, an amendment extended the deadline for the option term, royalty transfer and sale price payment under an option to purchase contract from April 10 to October 10, 2009.
20 May 2008director interest notice● Neutral
Dacosta Joao became a RED METAL RESOURCES, LTD. Chief Financial Officer and company insider (initial ownership filing).
1 May 2008capital raising announcement▲ GoodMajor
The company raised $1,000,000 by selling 4,000,000 units at $0.25 to four non-US investors; each unit is one share plus a warrant to buy another share at $0.35 until April 21, 2010. It said it would use the money for working capital and property payments, and on April 25, 2008 it paid $250,000 to Minera Farellón and $300,000 to the property owner to complete the Farellón option and acquire title, resolving the payments set out in the October 2007 deal. The new shares and warrants dilute existing holders.
1 May 2008late filing notice▼ Bad
RED METAL RESOURCES, LTD. notified the SEC that its annual report would be filed late.
29 Apr 2008director interest notice● Neutral
RED METAL RESOURCES, LTD. Vice-President of Exploration Thompson Michael bought 80,000 shares on the open market.
24 Oct 2007director interest notice● Neutral
Thompson Michael became a RED METAL RESOURCES, LTD. director and company insider (initial ownership filing).
12 Oct 2007director interest notice● Neutral
Jeffs Caitlin became a RED METAL RESOURCES, LTD. director and company insider (initial ownership filing).
2 Oct 2007material agreement● NeutralMajor
The company's wholly owned Chilean subsidiary, Minera Polymet, agreed to take over Minera Farellón's option to buy the Farellón Alto Uno al Ocho mining holding (66 hectares, Atacama region, Chile) for US$250,000, payable once the assignment is recorded in Chile. To acquire the property it must pay a further US$300,000 to the owner by May 4, 2008, plus a 1.5% monthly royalty once exploitation starts (minimum US$1,000 a month, until US$600,000 in total royalties). This is a new Chilean project, separate from the earlier Ontario claims.
16 July 2007substantial holder notice● Neutral
Kevin Mitchell disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (14.20% of votes).
12 July 2007director interest notice● Neutral
Mitchell Kevin became a RED METAL RESOURCES, LTD. 10%+ owner and company insider (initial ownership filing).
2 July 2007substantial holder notice● Neutral
Laboa Holdings Inc disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (14.20% of votes).
29 June 2007substantial holder notice● Neutral
John Di Cicco disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (4.70% of votes).
29 June 2007director interest notice● Neutral
Laboa Holdings INC. became a RED METAL RESOURCES, LTD. 10%+ owner and company insider (initial ownership filing).
22 June 2007director interest notice● Neutral
RED METAL RESOURCES, LTD. CEO, President, and CFO Di Cicco John sold 1,071,430 shares.
21 June 2007director interest notice● Neutral
RED METAL RESOURCES, LTD. CEO, President, and CFO Di Cicco John disposed of 1,750,000 shares via option/appreciation-right settlement.
2 May 2007late filing notice▼ Bad
RED METAL RESOURCES, LTD. notified the SEC that its annual report would be filed late.
30 Aug 2006material agreement● Neutral
The company (then named Red Lake Exploration) disclosed that three mining claims in the Red Lake district of Ontario, held in trust by its president John Di Cicco, received a government extension to November 27, 2006 to do and file exploration work. It also verbally engaged Coast Mountain Geological to run a 15 to 20 line-km magnetometer survey and file the report, at an anticipated cost of $13,700.
15 June 2006securities registration● Neutral
RED METAL RESOURCES, LTD. filed the final prospectus for a registered offering.
15 June 2006director interest notice● Neutral
Di Cicco John became a RED METAL RESOURCES, LTD. President and company insider (initial ownership filing).
2 June 2006securities registration● Neutral
RED METAL RESOURCES, LTD. amended a filing by which it registered a small-business securities offering with the SEC.
22 May 2006securities registration● Neutral
RED METAL RESOURCES, LTD. registered a small-business securities offering with the SEC.