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Last updated on April 18, 2014 at 21:21 EDT

Latest Polaris Minerals Corporation Stories

2014-03-06 20:20:37

VANCOUVER, March 6, 2014 /PRNewswire/ - Polaris Minerals Corporation (TSX:PLS) today reported financial results for the fourth quarter and full year ending December 31, 2013. The financial results are in US dollars unless otherwise noted. Revenue in the fourth quarter of 2013 was $14.1 million, generating a net profit of $339,000 and $1.7 million of cash from operations. Sales in the quarter were 1.07 million tons, an increase of 87% over the fourth quarter of 2012. Revenue...

2014-01-06 16:23:45

VANCOUVER, Jan. 6, 2014 /PRNewswire/ - Polaris Minerals Corporation (the "Company") (TSX:PLS) reports that, during the fourth quarter ended December 31, 2013, the Orca Quarry operation loaded 15 ships carrying in excess of 1,060,000 tons, a new record for quarterly shipments. This is in sharp contrast to 2010, the low point of the recent recession, when the Company loaded 18 ships through the full year and recorded sales of 1,280,000 tons. The Company has appointed Richard A....

2013-11-05 20:20:48

VANCOUVER, Nov. 5, 2013 /PRNewswire/ - Polaris Minerals Corporation (TSX:PLS) today reported financial results for the quarter ended September 30, 2013. All financial results are in US dollars unless otherwise noted. Sales of 687,000 tons in the third quarter generated revenue of $9.4 million, increases of 9% and 3% respectively compared with the third quarter of 2012. For the first nine months of 2013 sales were 2.3 million tons generating revenue of $30.8 million, respectively...

2013-09-17 20:20:45

VANCOUVER, Sept. 17, 2013 /PRNewswire/ - Polaris Minerals Corporation (TSX:PLS) (the "Company") advises that the Board of Directors has now adopted a Majority Voting Policy (the "Policy") in respect of the election of directors at the Annual Meeting of Shareholders. This Policy has been implemented, in accordance with best corporate governance practices, because the Board of Directors believes that each serving director should have the confidence and support of the shareholders...

2013-08-01 16:24:47

VANCOUVER, Aug. 1, 2013 /PRNewswire/ - Polaris Minerals Corporation (TSX: PLS) today reported financial results for the quarter ended June 30, 2013. All financial results are in US dollars unless otherwise noted. Sales of 836,000 tons in the quarter represented a 56% increase over the same quarter of last year and a new quarterly high that generated revenue of $10.9 million, an increase of 42% over the prior year. For the six months ended June 30, 2013 sales were 1,609,000 tons,...

2013-06-05 20:20:54

VANCOUVER, June 5, 2013 /CNW/ - Polaris Minerals Corporation (the "Company") (TSX:PLS): In accordance with Toronto Stock Exchange requirements, the Company is pleased to announce the voting results for the election of its Board of Directors at the Company's Annual Meeting of Shareholders held on June 4, 2013, in Vancouver, British Columbia.  The director nominees, as listed in the Management Information Circular dated April 25, 2013, were elected as directors of the Company at the...

2013-05-06 16:23:31

VANCOUVER, May 6, 2013 /PRNewswire/ - Polaris Minerals Corporation (TSX:PLS) today reported financial results for the quarter ended March 31, 2013. All financial results are in US dollars unless otherwise noted. Record sales of 773,000 tons in the quarter were 55% higher than the previous year, impacted in part by a new supply contract, which commenced on February 13, 2013.  On a like-for-like basis, sales volumes and revenues in the quarter increased by 33% and 38%...

2013-04-01 16:21:49

VANCOUVER, April 1, 2013 /PRNewswire/ - Polaris Minerals Corporation (TSX: PLS) (the "Company") is pleased to advise that Lenard ("Len") F. Boggio BA, BComm, FCA, CPA (Illinois), ICD.D has been appointed to the Board of the Company. Mr. Boggio is a very experienced finance professional having been a partner in PricewaterhouseCoopers, where he led the BC Mining Group, prior to his recent retirement. He has extensive experience in financial reporting and auditing, public finance...

2013-03-19 20:22:29

VANCOUVER, March 19, 2013 /PRNewswire/ - Polaris Minerals Corporation (TSX:PLS) today reported financial results for the year ended December 31, 2012. The financial results are in US dollars unless otherwise noted. Polaris ended another year of significant sales growth with a much strengthened balance sheet and improved working capital position. At December 31, 2012, the Company had working capital of $7.2 million compared with a working capital deficit of $4.4 million at the prior...

2012-12-03 20:20:51

VANCOUVER, Dec. 3, 2012 /PRNewswire/ - Polaris Minerals Corporation (TSX: PLS) announces that the sale of its jointly owned freehold land on Pier B in the port of Long Beach, CA, has now closed. Net cash receipts to the Company of $12.4 million will be used to reduce outstanding debt by $5 million, pay deferred interest, and for general working capital purposes. The Company has also entered into a three year supply agreement with a new, third party, customer commencing during the first...