Battle North Gold (formerly Rubicon Minerals) was a Canadian company that was pursuing the development of the Bateman (formerly Phoenix) gold project near Red Lake, Ontario. Headquartered in Toronto, the company was listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange and then the OTCQX market exchange in the US. The company's board of directors had approved the construction of the mine in 2014 and raised $700 million but little gold was recovered. Consequently, the company sought creditor protection and re-structured. By 2018 the company had a market capitalization of $80 million[1] as it pursued new resource estimates. The company was acquired by Australian Securities Exchange-listed company Evolution Mining in 2021.
Corporate history
Battle North Gold was incorporated on March 4, 1996 in Vancouver as Rubicon Minerals Corporation for acquiring and exploring the mineral properties that had been assembled by the holding company Rubicon Management Ltd. It became a public company in November 1997 with its shares listed on the Vancouver Stock Exchange. It conducted mineral exploration work in Haines, Alaska,[2]