CFI is developing a large fluorspar project in St. Lawrence, Newfoundland, Canada and is moving forward to reactivate existing underground fluorspar mines, expand an existing mill, construct a new, environmentally-sound Tailings Management Facility (TMF), and build a new deep-water marine terminal in the outer St. Lawrence Harbour for the export of fluorspar concentrate product (Acidspar). The project is anticipated to produce between 120,000 and 180,000 tonnes of fluorspar filtercake concentrate per year.
The international fluorspar market consumes approximately 5.6 million tonnes of Fluorspar per annum with an estimated value of US $1.6 billion. The mineral is used in the production of hydrofluoric acid which is the primary feedstock for the manufacture of virtually all organic and inorganic fluorine-containing compounds including fluoropolymers and fluorocarbons. Some examples are anesthetics, non-stick coatings, and fire retardant clothing. It is also used in the production of electronic components, aluminum, and steel.
| CFI - TSX.V | symbol & exchange |
| 67,053,216 | shares issued & outstanding |
| 374,775 | warrants |
| 3,633,334 | options |
| 71,061,325 | fully diluted |
| Carscallen Leitch LLP | legal counsel |
| Grant Thornton LLP | auditor |
| December 31 | year-end |
| Equity Transfer & Trust Co. | transfer agent |
| 135047108 | cusip number |
| CA 1350471084 | ISIN number |
| August 3, 2011 | last website update |
Canada Fluorspar Inc. proposes to reactivate existing underground fluorspar mines, expand an existing mill, construct a new environmentally sound Tailings Management Facility (TMF) and build a new deep-water marine terminal in the outer St. Lawrence Harbour for the export of fluorspar concentrate product. The project is anticipated to produce between 120,000 and 180,000 tonnes of fluorspar acidspar concentrate per year.
The Project will include:
The proposed mine, mill, and TDF will be located on a brownfield sites within the town limits of St. Lawrence, on the southern tip of the Burin Peninsula, in the province of Newfoundland and Labrador.
December 15, 2011 - Canada Fluorspar Inc. (TSX-V: CFI) (the “Company” or “CFI”) is pleased to announce a training partnership with Corona College at the college’s new campus on the Burin Peninsula, in the town of St. Lawrence in Newfoundland and Labrador. Read more... November 15, 2011 - Canada Fluorspar Inc. (TSX-V: CFI) (the “Company” or “CFI”) today announced the appointments of Patricia McCarthy and Bernard Roche to its Board of Directors effective immediately. Read more... October 18, 2011 – Canada Fluorspar Inc. (“CFI” or the “Company”) is pleased to announce that the escrow release condition to the previously announced strategic agreement wit Arkema to re-activate CFI’s fluorspar project located in St. Lawrence, Newfoundland has been satisfied. Read more... October 12, 2011 – Canada Fluorspar Inc. (“CFI” or the “Company”) (TSX-V:CFI) and Arkema (“Arkema”) (PA:AKE) are pleased to announce the closing, in escrow, of the second phase of the previously announced strategic agreement to re-activate CFI’s fluorspar project located in St. Lawrence, Newfoundland. Read More... August 29, 2011 CFI is pleased to announce that Mr. Paul Coombs, B. Comm. CMA, CGA, MBA has been appointed Chief Financial Officer of the Company. Read more... August 11, 2011 CFI announces $17 Million contribution from the government of Newfoundland and Labrador Read more... August 3, 2011 CFI announces ribbon cutting and celebrates the reactivation of its St. Lawrence Fluorspar Project Read more... June 27, 2011 CFI is pleased to announce the completion of the previously announced initial investment by Arkema in CFI... Read more... June 27, 2011 CFI today reported its financial results... Read more... June 15, 2011 CFI and Arkema are pleased to announce a joint agreement to finance the re-activation of CFI's fluorspar project located in St. Lawerence, Newfoundland, Canada. Read more... May 11, 2011 CFI is pleased to announce the results of a National Instrument 43-101 Technical Report and Preliminary Feasibility Study...Read more... March 11, 2011 CFI today reported its financial results for the three and twelve month periods ending December 31, 2010. Document copies may be obtained via...Read more... February 14, 2011 CFI is pleased to announce that it has filed and obtained a receipt for its final long form prospectus qualifying for distribution 11,000,000 units of the Company... Read more... December 16, 2010 CFI is pleased to announce that it has closed the previously announced financing of 11,000,000 common share special warrants at a price of $0.50 per Special Warrant for gross proceeds of $5,500,000...Read more... December 15, 2010 CFI today announced the appointment of Mr. John A. Higginbotham as its Chief Financial Officer effective December 15, 2010...Read more... November 16, 2010 CFI today announced that, subject to regulatory approval, it has retained Venture Liquidity Providers Inc. (VLP) to call a two-sided market in the Company’s common shares listed on the TSX Venture Exchange. Read more... November 9, 2010 CFI, a specialty mineral resource company engaged in the development and production of fluorspar deposits, is pleased to announce that the Company has entered into an engagement letter with Dundee Securities Corporation ("Dundee") to complete a private placement financing...Read more... November 8, 2010 CFI, a specialty mineral resource company engaged in the development and production of fluorspar deposits, is pleased to announce that it has closed a private placement financing resulting in aggregate gross proceeds of approximately $1,400,000... Read more... November 1, 2010 CFI announced today that it has received the Federal Environmental Assessment Screening Report from the Federal Government in respect of the Company’s proposed fluorspar development project in St. Lawrence, Newfoundland and Labrador...Read more... October 25, 2010 CFI announced that it has received environmental approval from the Government of Newfoundland and Labrador...Read more... August 18, 2010 CFI announced it has renewed its agreement with Spinnaker...Read more... March 29, 2010 CFI announced that, subject to regulatory approval, it has appointed Spinnaker Capital Markets Inc. ("Spinnaker") as its capital markets and investor relation advisor...Read more... March 23, 2010 CFI announces that it has submitted an Addendum to its previously submitted Environmental Preview Report and Federal Environmental Assessment in November 2009...Read more... March 8, 2010 CFI is pleased to announce pleased to announce that it has closed the previously announced private placement financing resulting in aggregate gross proceeds of approximately...Read more... February 25, 2010 CFI is pleased to announce a non-brokered private placement of aggregate proceeds of up to $1,200,000....Read more... January 21, 2010 CFI is pleased to announce that the Government of Canada and the Government Newfoundland and Labrador has issued the Environmental Assessment guidelines for the project. Read more... September 22, 2009 CFI is pleased to announce that it has received a letter from the Honorable Charlene Johnson, the Provincial Minister of Environment and Conservation, ...Read more...
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