Archive for December, 2009

Closing Financing of $9 Million and Listing of Candente Gold Corp.

Thursday, December 31st, 2009
 Closing Financing of $9 Million and Listing of Candente Gold Corp.

Candente Resource Corp. and Candente Gold Corp. has announce the closing on December 30th of three tranches totalling $9,028,130 in the previously announced private placement offering of common shares of Candente Gold (the “Financing”). Exploration will commence in January on the El Oro property in Mexico. A program of underground drifting... readmore

Tethys Petroleum Limited: Tajikistan Joint Venture Finalised

Thursday, December 31st, 2009
Tethys Petroleum Limited: Tajikistan Joint Venture Finalised

Tethys Petroleum Limited announced that the joint venture relating to its Tajik projects previously announced in December 2007 has now been completed and that its interests in Tajikistan have therefore been transferred to its joint venture company Seven Stars Energy Corporation (“SSEC”). The completion of this deal had been waiting on the... readmore

Golden Goose to proceed with sale of Lac Levac nickel property to Nemaska

Wednesday, December 30th, 2009
Golden Goose to proceed with sale of Lac Levac nickel property to Nemaska

Golden Goose Resources Inc. announces that it has received notification from Nemaska Exploration Inc. (“Nemaska”) that subsequent to closing of their initial public offering (“IPO”), Nemaska intends to exercise its option for the purchase of the Lac Levac property, located 216 km north of Chibougamau in the James Bay area of... readmore

Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Wednesday, December 30th, 2009
 Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Stans Energy Corp. acquired 100% of the Kutessay II deposit along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 US by acquiring 100% of “Kutisay Mining” on the Central Asian Stock Exchange. Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101... readmore

Kinti Mining Ltd. Receives Khangolov Resources Equity Position in Palisades Petroleum

Monday, December 28th, 2009
Kinti Mining Ltd. Receives Khangolov Resources Equity Position in Palisades Petroleum

Kinti Mining Ltd. receives Khangolov Resources’ Equity Position in Palisades Petroleum. Richard Byrd, the CEO of Kinti Mining Ltd., Is extremely pleased to announce that Khangolov Resources has agreed to assign their large equity position in Palisades Petroleum to Kinti Mining Ltd. This will make Kinti Mining Ltd. the largest shareholder in Palisades. Frank... readmore

Vista Gold Corp. Announces Joint Venture Agreement for Awak Mas Gold Project in Indonesia

Monday, December 28th, 2009
Vista Gold Corp. Announces Joint Venture Agreement for Awak Mas Gold Project in Indonesia

Vista Gold Corp. announced that its wholly-owned subsidiary, Vista Gold (Barbados) Corp., has signed a Joint Venture Agreement with Pan Asia Resources Corporation (“Pan Asia”) with respect to the development of the Awak Mas gold project in Indonesia. The Joint Venture Agreement provides Pan Asia, a privately held resource development company,... readmore

GWR Arranges up to $700,000 Flow-Through Financing With MineralFields Group

Friday, December 25th, 2009
GWR Arranges up to $700,000 Flow-Through Financing With MineralFields Group

GWR Resources Inc. announce a non-brokered private placement in the amount of up to $700,000 with the MineralFields Group pursuant to which GWR proposes to issue an aggregate of up to 5,833,334 units. The Private Placement is subject to the approval by TSX Venture Exchange. Each unit will be priced at $0.12 and will consist of one “flow-through”... readmore

Southern Silver Closes Second Tranche of $1.816 Million Private Placement

Friday, December 25th, 2009
Southern Silver Closes Second Tranche of $1.816 Million Private Placement

Southern Silver Exploration Corp. has now closed the second tranche of the previously announced private placement (NR-06-09, Nov. 24, 09) consisting of 3,590,000 million units for proceeds of C$359,000. The company announced on December 10, 2009 (NR-07-09) that it had closed the first tranche of the private placement respecting 14,570,000 units aggregating... readmore

Goldcorp Has the Right to Match Competing Proposal to Acquire Canplats Resources

Wednesday, December 23rd, 2009
Goldcorp Has the Right to Match Competing Proposal to Acquire Canplats Resources

Goldcorp Inc. announced that it has received a notice from Canplats Resources Corporation that Minera Penmont S. de R.L. de C.V. (“Penmont”) has made a proposal to acquire all of the issued and outstanding shares of Canplats (the “Penmont Proposal”) for cash consideration of $4.20 per share plus shares of a newly-formed company... readmore

Kosmos Energys Mahogany Deep-2 Well Offshore Ghana Successfully Appraises Greater Jubilee Area

Wednesday, December 23rd, 2009
Kosmos Energys Mahogany Deep-2 Well Offshore Ghana Successfully Appraises Greater Jubilee Area

Kosmos Energy announces today that the company’s Mahogany Deep-2 well on the West Cape Three Points Block offshore the Republic of Ghana has encountered light oil in three stratigraphic intervals and successfully appraised the greater Jubilee area. The Mahogany Deep-2 well was drilled about 3 kilometers (2 miles) west of the Mahogany-3 well, Kosmos’... readmore