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Stock Market & Financial Investment News

News Breaks
February 14, 2014
17:17 EDTTLRTimberline Resources announces early cash receipt
Timberline Resources announced that pursuant to the mutual agreement of the company and Timberline Drilling, the company has accepted an early, discounted cash payment of US$150,000 in complete satisfaction of TDI's payment obligation to the company that was due in November. That payment obligation was pursuant to the previously announced terms of the Drilling Services and Related Payment Obligations Agreement, dated November 9, 2011, by and between the Company and TDI wherein the company is to receive discounted drilling services, or, if the services are not provided, annual cash payments of US$220,000 ending in November 2016. The future obligations of both parties under the Agreement remain intact and unchanged.
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December 19, 2014
08:31 EDTTLRTimberline Resources appoints Kiran Patankar as CEO
Timberline Resources announced that it has appointed Kiran Patankar as Timberline's new president and CEO. Patankar will succeed Paul Dircksen, a founding member of the company's management, who will semi-retire and has been appointed as the company's new vice-president of Business Development and Technical Services. The appointments of Patankar and Dircksen will be effective on January 1, 2015. Patankar has spent the past 7 years in the investment banking industry in Canada.
December 17, 2014
17:11 EDTTLRTimberline Resources begins drilling at Eureka property in Nevada
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