6 Feb 2017listing compliance notice▼ BadMajor
WHITE MOUNTAIN TITANIUM CORP deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Dec 2016agm notice● Neutral
WHITE MOUNTAIN TITANIUM CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
17 Nov 2016director officer appointment▼ BadMajor
Formalised Sloop as interim chief executive on $6,000 a month, with clauses acknowledging that he also runs the Nexo entities the company borrows from and has assigned its desalination rights to, and requiring him to offer White Mountain any desalination opportunity first. Eleven weeks later the company deregistered its shares and stopped filing with the SEC.
14 Nov 2016late filing notice▼ Bad
WHITE MOUNTAIN TITANIUM CORP notified the SEC that its quarterly report would be filed late.
27 Sept 2016director officer appointment▼ BadMajor
Andrew Sloop, Nexo's man and already chairman, took over as chief executive from Michael Kurtanjek, who had run the company since 2006, and the chief financial officer's contract was served notice purely to cut overheads. With no permit, no partner and no money, White Mountain was being reduced to a shell around a Chilean resource.
18 July 2016director interest notice● Neutral
David G. Kirkingburg became a WHITE MOUNTAIN TITANIUM CORP director and company insider (initial ownership filing).
8 July 2016agm notice● Neutral
WHITE MOUNTAIN TITANIUM CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
20 June 2016director officer appointment▼ BadMajor
Terminated the management contract of Kin Wong's company, backdated to February, four months after he had ceased to be chief executive -- and could only promise his $31,500 termination payment out of money it hoped to recover from a Chinese investment manager. The company was reduced to paying off its former chief executive from a receivable.
13 June 2016agm notice● Neutral
WHITE MOUNTAIN TITANIUM CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
16 May 2016quarterly activities report▼ Bad
WHITE MOUNTAIN TITANIUM CORP reported a quarterly net loss of $737 thousand for the period ended 2016-03-31.
7 Apr 2016director interest notice● Neutral
Kevin Dale Stulp became a WHITE MOUNTAIN TITANIUM CORP director and company insider (initial ownership filing).
7 Apr 2016director officer appointment▼ BadMajor
Nexo took the chair within three weeks: Andrew Sloop replaced Kin Wong, Bobby Cooper resigned after a month as a director, Kevin Stulp replaced him, founding director Howard Crosby's investor-relations contract was cancelled retroactively, and the annual meeting was postponed. The founding group was being cleared out.
30 Mar 2016director interest notice● Neutral
Nexo Wmtm Holdings, LLC became a WHITE MOUNTAIN TITANIUM CORP 10%+ owner and company insider (initial ownership filing).
30 Mar 2016substantial holder notice● Neutral
A NDREW G. S LOOP disclosed a new substantial WHITE MOUNTAIN TITANIUM CORP shareholding (20.60% of votes).
24 Mar 2016securities registration● Neutral
WHITE MOUNTAIN TITANIUM CORP filed notice of an exempt private placement.
22 Mar 2016director officer appointment▼ BadMajor
A rescue financing entirely on the lender's terms: Nexo WMTM Holdings lent $2 million at 7%, convertible into a newly created Series A preferred priced at $0.12 -- under a third of what Kin Wong's group had paid two years earlier -- with warrants over 8,333,333 shares at $0.30, control over how the money was spent, the right to install its own chairman, the removal of the chairman's casting vote from the bylaws, and, through an affiliate, the development rights to the desalination plant Cerro Blanco cannot be built without. 19,000,100 preferred shares were authorised.
18 Mar 2016director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP director Andrew G. Sloop bought 25,000,100 shares on the open market.
10 Mar 2016director interest notice● Neutral
Andrew G. Sloop became a WHITE MOUNTAIN TITANIUM CORP director and company insider (initial ownership filing).
9 Mar 2016director interest notice● Neutral
Bobby E Cooper became a WHITE MOUNTAIN TITANIUM CORP director and company insider (initial ownership filing).
12 Feb 2016substantial holder notice● Neutral
Lee Yuk Kong disclosed a new substantial WHITE MOUNTAIN TITANIUM CORP shareholding (11.67% of votes).
12 Feb 2016director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP insider Yuk Kong Lee gifted 2,800,000 shares.
11 Jan 2016director interest notice● Neutral
Rubicon Fund Management LTD. became a WHITE MOUNTAIN TITANIUM CORP company insider (initial ownership filing).
31 Aug 2015substantial holder notice● Neutral
K IN W ONG disclosed a new substantial WHITE MOUNTAIN TITANIUM CORP shareholding (5.20% of votes).
31 Aug 2015director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP CEO Kin Wong received a stock option grant for 1,500,000 shares.
7 Aug 2015director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP CEO Kin Wong received a stock option grant for 6,000,000 shares.
6 Aug 2015capital raising announcement▼ BadMajor
Closed out the Grand Agriculture second tranche -- 4,625,000 more units at $0.40 raising $1.85 million from seven investors -- and issued Kin Wong's vehicle 6,000,000 bonus warrants at $0.55 for nothing. The filing also conceded that these sales had gone unreported until they passed 5% of the share count.
16 June 2015director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP director Howard M Crosby received 62,500 shares as part of the equity award.
16 June 2015director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP director John May received 62,500 shares as part of the equity award.
16 June 2015director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP director Weigang Greg Ye received 62,500 shares as part of the equity award.
16 June 2015director interest notice● Neutral
WHITE MOUNTAIN TITANIUM CORP CEO Kin Wong received 85,000 shares as part of the equity award.