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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:49 EDTTLRTimberline Resources receives extension from NYSE
Timberline Resources announced that the NYSE MKT has granted Timberline's request for a two week extension to submit a plan of compliance to the Exchange. Based in part on the company's progress to date on numerous alternatives, the previous deadline of February 20 has been extended to March 6. As reported on February 8, the company received notice from the Exchange that the company is not in compliance with one of the Exchange's continued listing standards as set forth in Part 10 of the NYSE MKT Company Guide. In order to maintain its listing on the Exchange, the company must submit a plan of compliance by March 6 addressing how it intends to regain compliance with Section 1003(a)(iv) of the Company Guide by March 31.
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December 22, 2014
08:49 EDTTLRTimberline announces release of final EIS for Butte Highlands gold project
Timberline Resources announced that the Montana Department of Environmental Quality, or MDEQ, has published the Final Environmental Impact Statement, or FEIS, for the Butte Highlands Joint Venture's proposed underground gold mine in the Highland Mountains south of Butte, Montana. The completion of the FEIS is a critical milestone in the process to obtain the Final Hard Rock Operating Permit, or HROP, at Butte Highlands. The FEIS completes the environmental analyses on the project through incorporation of public comments provided on the Draft EIS which was issued in October, 2013. The FEIS incorporates mitigation responses, developed with Montana Fish, Wildlife & Parks, or MFWP, and in consideration of Butte-Silver Bow County, to potential impacts to surface and groundwater in the adjacent Basin Creek and Fish Creek drainages resulting from dewatering of the proposed mine and from termination of flow to Basin Creek resulting from closure of the historic mine portal. The DEQ anticipates issuing a Record of Decision, or ROD, "in the early part of 2015 documenting its decision on the proposed mine." The DEQ must issue the ROD prior to the final Hard Rock Operating Permit authorizing construction and operation of the mine. No further public comments are being accepted by the DEQ on the FEIS.
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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