Latest Polaris Minerals Corporation Stories

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...

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%...

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...

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...

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...

VANCOUVER, Nov. 5, 2012 /PRNewswire/ - Polaris Minerals Corporation (TSX:PLS) today reported financial results for the quarter ended September 30, 2012. All financial results are in US dollars unless otherwise noted. During the third quarter of 2012 the Company sold 632,000 tons with revenue of $9.1 million, increases of 31% and 35% respectively compared with the third quarter of 2011. For the first nine months ending September 30, 2012 sales were 1.67 million tons generating...

VANCOUVER, Oct. 9, 2012 /PRNewswire/ - Polaris Minerals Corporation (TSX: PLS) advises that its joint venture subsidiary, Cemera Long Beach LLC, and the purchaser of the Pier B freehold land, Baker Cold Storage, Inc., have scheduled to complete the sale at the end of November, 2012. In recognition of the extended time that has been required, the purchaser has released non-refundable payments of $275,000. The timing is dictated by a requirement to have a revised Surface Use...

VANCOUVER, Aug. 3, 2012 /PRNewswire/ - Polaris Minerals Corporation (TSX: PLS) today reported financial results for the quarter ended June 30, 2012. All financial results are in US dollars unless otherwise noted. During the second quarter of 2012 the Company sold 535,000 tons with revenue of $7.7 million, increases of 19% and 29% respectively compared with the second quarter of 2011. For the first six months ending June 30, 2012 sales volume was 1.03 million tons with revenue of...

VANCOUVER, July 4, 2012 /PRNewswire/ - Polaris Minerals Corporation (TSX:PLS) (the "Company") advises that it has reached agreement, subject to definitive documentation, with the holders of its Senior Secured Notes (the "Notes") to defer the interest payment due on June 30th, 2012. This interest installment will now be paid upon the earlier of: (i) the completion of the sale of the Company's jointly held Pier B freehold land; and (ii) December 31, 2012. The Company agreed to pay...

VANCOUVER, May 23, 2012 /CNW/ - Polaris Minerals Corporation (TSX:PLS) (the "Company") advises that its joint venture subsidiary, Cemera Long Beach LLC ("Cemera"), has entered into a Purchase and Sale Agreement ("PSA") in respect of the freehold land that it jointly owns on Pier B in the Port of Long Beach, California. The parties to the PSA are Cemera and Baker Cold Storage, Inc. dba Castle & Cooke Cold Storage - Vernon, a large California-based operator of cold storage...