Chinese Translation SUBSCRIBE TO NEWS
  • |
  • |
  • |
  • |
  • |
 

News Releases 2010

November 16, 2010
First Bauxite Corporation Enters into Comitment Letter with Resource Capital Funds of Denver, USA for an up to US$28 Million Financing Facility
FIRST BAUXITE CORP. (“First Bauxite” or the “Company”) is pleased to announce that it has entered into a binding commitment letter with Resource Capital Fund V L.P. (“RCF”) for a two tranche convertible loan facility of up to US$28 million.
November 04, 2010
First Bauxite Corporation Announces Grant of Stock Options
FIRST BAUXITE CORPORATION (“First Bauxite” or the “Company”) is pleased to announce that it has granted incentive stock options for the purchase of up to 300,000 common shares of the Company, at a price of $0.83 per share, for a 5 year period to certain directors of the Company
October 20, 2010
First Bauxite Announces Closing of Tarakuli Property
FIRST BAUXITE CORPORATION (“First Bauxite” or the “Company”) is pleased to announce that, further to its news release issued on July 20, 2010, it has now completed its acquisition of Bauxite Corporation of Guyana Inc....
October 18, 2010
First Bauxite Corporation Announces Closing of Second Tranche of Non-Brokered Private Placement
The Company is pleased to announce that, further to its news release issued on October 6, 2010, it has now closed the second tranche of its non-brokered private placement of 1,807,229 units (the “Units”) at a price of $0.83 per Unit, raising a total of $1,500,000.
October 06, 2010
First Bauxite Corporation Announces Closing of First Tranche of Non-Brokered Private Placement
FIRST BAUXITE CORPORATION (“First Bauxite” or the “Company”) is pleased to announce that it has closed the first tranche of its non-brokered private placement of 3,057,229 units (the “Units”) at a price of $0.83 per Unit, raising a total of $2,537,500
September 17, 2010
First Bauxite Corporation Announces Non-Brokered Private Placement
FIRST BAUXITE CORPORATION (“First Bauxite” or the “Company”) is pleased to advise that the Company will be proceeding with a non-brokered private placement (the “Private Placement”) for up to 4,855,422 units (the “Units”) at a price of $0.83 per Unit to raise total proceeds of $4,030,000
September 14, 2010
First Bauxite Corporation has Received and Filed the NI 43-101 Compliant Technical Report with Respect to the Bonasika Project Feasibility Study, Guyana
In July 29, 2010 the Company announced the positive Feasibililty Study ("FS") results for its 100% owned, Bonasika refractory grade bauxite project (the "Project") located in Guyana, South America. A copy of the NI 43-101 compliant report has been filed with the applicable securities and regulatory authorities in Canada and can be found on both the SEDAR website at www.sedar.com and the First Bauxite Corporate website at www.firstbauxite.com
August 24, 2010
News Report - FBX Article in the Northern Miner Newpaper
a description of FBX's operations through the eyes of Northern Miner
August 12, 2010
News Report - Vicarage Capital of London, UK Analyst Reports on First Bauxite Corp.
reputable analyst enthusiastic about the Company's projects makes a comprehensive report
August 10, 2010
First Bauxite Corporation Reports a discovery of bauxite at surface and a mineral resource estimate on the WaratillaCartwright prospecting licence.
Vancouver, B.C. – FIRST BAUXITE CORP. (“First Bauxite” or the “Company”) In December 2009 the company had announced the start of sonic drilling of the bauxite deposits on the Waratilla-Cartwright Prospecting Licence (the “Warcart PL”) to explore their extent, quality and continuity of a mineralized zone in the north of the PL, now referred to as the Upper Waratilla Cartwright deposit (“UWC”). Since this date, a NI 43- 101 compliant mineral resource estimate has been prepared based on 150 sonic drill holes and 1907 analyses for major oxides and LOI. The mineralized zone extends over an area of some 1600m x 700m remains open to the north, where additional drilling is merited.
July 29, 2010
FEASIBILITY STUDY IS POSITIVE
First Bauxite is pleased to announce the positive Feasibility Study results for its 100% owned, Bonasika refractory grade bauxite project in Guyana
July 20, 2010
First Bauxite Announces Execution of Definitive Agreement with Bauxite Corporation of Guyana Inc. and therefore the Acquisition of the Historical Tarakuli Bauxite Deposit in Guyana
Vancouver, B.C. – FIRST BAUXITE CORPORATION (“First Bauxite” or the “Company”) is pleased to announce that, further to its February 9, 2010 news release, the Company has now entered into a definitive agreement dated July 15, 2010 with Bauxite Corporation of Guyana Inc...
July 06, 2010
First Bauxite Corporation Announces Second Amendment to LOU with Rio Tinto Mining and Exploration Ltd.
First Bauxite Corporation is pleased to announce that the Company has entered into a second amendment dated June 29, 2010 to its Letter of Understanding dated May 23, 2008, as subsequently amended on June 17, 2009, with Rio Tinto Mining and Exploration Ltd. to extend the area covered by the Bonasika Mining License from its original size of 376 hectares to 4331 hectares...
May 20, 2010
First Bauxite Corporation Announces Grant of Stock Options
First Bauxite is pleased to announce that it has granted incentive stock options for the purchase of up to 925,000 common shares of the Company, at a price of $0.98 per share, for a 5 year period.
April 26, 2010
First Bauxite Corporation presents latest drilling results at WARCART PL
First Bauxite Corporation is pleased to report updated results on its ongoing Warcart drilling program. As of April 12th, 2010, 141 holes have been drilled on the property totalling 6431m
April 12, 2010
First Bauxite Corporation updates status of Bonasika Feasibility Study and presents latest results of industrial scale sintering trial of Bonasika bauxite
First Bauxite Corporation updates status of Bonasika Feasibility Study and presents latest results of industrial scale sintering trial of Bonasika bauxite
April 07, 2010
Industrial Minerals Magazine - April 2010 Issue features FBX, "America Awaits Alumina Assembly"
April 07, 2010
INDUSTRIAL MINERALS MAGAZINE - APRIL 2010 ISSUE, "Refractory Bauxite Supply Situation Report"
- Refractory bauxite supplies tighten
- Xiaoyi mines closed for 1-2 years
- Prices remain high
- Progress at Guyana project
March 16, 2010
Exercise of Warrants by Passport
First Bauxite Corporation Announces Exercise of Warrants by Passport Materials Master Fund LP
February 22, 2010
First Bauxite announces results from Waratilla-Cartwright PL
First Bauxite Corporation Reports Drilling Results at Waratilla-Cartwright PL and Status Update of Bonasika Feasibility Study
February 10, 2010
Acquistion of Tarakuli property
First Bauxite enters into Letter of Intent with Bauxite Corporation of Guyana Inc. ("BCGI") to acquire all of the shares of BCGI and thereby it's 100% interest in the Tarakuli and Tarakuli North West Prospecting Licenses in Northeast Guyana
January 13, 2010
First Bauxite Corporation is pleased to announce listing on the Frankfurt and Berlin Exchanges
Vancouver, B.C. – First Bauxite is pleased to announce that the Company has obtained a secondary listing on the Frankfurt Stock Exchange and the Berlin Stock Exchange. The common shares of the Company commenced trading on the Second Quotation Board of the Frankfurt Stock Exchange and the Berlin Stock Exchange, respectively, in Germany on Friday, January 8, 2010 under the trading symbol “FBI”.