Ardent Mines – ADNT.US
By StockFrontRunners on Mar 08, 2012 with Comments 0
Ardent Mines has positioned itself to develop low cost gold mining operations in Brazil, a mining friendly jurisdiction. Ardent Mines owns a 100% interest in Gold Hills Mining Ltda., which in turn owns mineral rights on 3,500 Hectares, covering a highly-mineralized vein containing high grades of gold.
Ardent Mines also exercised its exclusive option to acquire the mineral rights on the Serra do Sereno property, located in Carajas, Brazil, one of the better known mining districts in the world. Ardent Mines is headquartered in New York, and has a field office in Brasilia. The Company has 16.3 million shares outstanding, and trades under the ticker symbol ADNT.
Ardent Mines is committed to developing gold, silver, and copper mines around the world, with strong emphasis on Latin America and on Brazil in particular.
The corporate policy is to develop mining properties with maximum care for the environment.
The company has assembled an extraordinary Board of Directors and experienced Management, our most precious corporate resource.
The Mission of the Company is to create value for our shareholders by acquiring and developing a diversified portfolio of gold, silver, and copper mines, with significant reserves, as well as assembling the best professional talent, in order to effectively execute a profitable operation of these mines.
Ardent Mines has completed the acquisition of Gold Hills Mining, Ltda. in Brazil. They have retained SRK Consulting to assist us in organizing a comprehensive Exploration Program for the property, expected to start during the Summer or 2011.
On May 4, 2011, Ardent Mines signed an exclusive option to acquire the mineral rights on Serra do Sereno, a 10,000 Has. property located in Carajas, the leading mining district of Brazil, known to host the largest Iron, Gold and Copper reserves of this nation.
Upon completing the acquisition of Gold Hills Mining Ltda. and securing the mineral rights of Serra do Sereno, Ardent Mines will focus on the exploration and development of these two extraordinary properties.
Share Structure
Total Shares Outstanding: 16,273,391
Trading float: 5,895,150
Options: 1,300,000 at $4,75
Warrants: 51,600 with an exercise price of $3.85/share for 1 year, 259,741 with an excersise price of $4.15/share
Management stock ownership: 12%
Shares authorised(not issued): 100,000,000
Reporting Status U.S. Registered & Reporting: SEC Filer
Audited Financials Audited
Latest Report
CIK 0001129018
Fiscal Year End 6/30
Incorporated In: NV, USA
Year of Inc. 2000
Legal Counsel
WUERSCH & GERING LLP
100 Wall Street, 21st Fl. | New York, New York 10005
212-509-5050 (firm)| 212-509-9559 (fax)
www.wg-law.com
Stock Transfer Agent
Pacific Stock Transfer Company
4045 South Spencer Street, Suite 403
Las Vegas, NV 89119
Tel: (702) 361-3033
Fax: (702) 433-1979
www.pacificstocktransfer.com
Auditors:
MaloneBailey, LLP
10350 Richmond Avenue, Suite 800
Houston, TX 77042
o: 713.343.4253
f: 713.343.3453
www.MaloneBailey.com
SOURCE: Ardent Mines Ltd. http://www.ardentmines.com
Filed Under: Expert Talk • Featured
