Black Hawk Exploration Incorporates Wholly Owned Gold Exploration Subsidiary ‘Golden Black Hawk’
Black Hawk Exploration incorporates wholly owned Gold Exploration subsidiary “Golden Black Hawk”. Black Hawk Exploration is a diversified energy and metals exploration company focused on identifying, acquiring and exploring strategic high value properties and developing new prospective projects globally. Further to its previous announcement in late September 2009 Black Hawk Exploration...
Encore Renaissance Resources Corp. Receives Underground Mining Approval From the BC Government
ENCORE RENAISSANCE RESOURCES CORP. Encore Renaissance Resources Corp. report that the company has been granted a permit by the BC ministry of mines to commence underground mining at the Company’s flagship property, the Bonaparte Gold Mine, near Kamloops British Columbia. Underground extraction will commence immediately with further shipments of ore to Kinross Gold’s mill in Washington State....
Bridge Resources Corp. Completes Acquisition of 50% Interest in Boise Basin Project
Bridge Resources Corp. through its wholly-owned subsidiary Bridge Energy Inc. has completed the acquisition (the “Acquisition”) of the assets of Bridge Energy LLC (the “Vendor”) which comprise a 50% working interest in approximately 100,000 acres located in the Boise Basin of Idaho and Oregon and offers a large number of oil and gas prospects (the “Boise Basin Project”)....
Crown Minerals Announces $300,000 Non-Brokered Private Placement
Crown Minerals Inc. announce a proposed non-brokered private placement of up to 2,500,000 units at a price of $0.12 per unit (the “Offering”), for aggregate gross proceeds of up to $300,000. Each Unit will be comprised of one common share and one share purchase warrant, each such warrant entitling the holder to purchase one common share for $0.18 at any time within 18 months. All securities...
Allana Resources Announces Closing of $2.0 Million Strategic Investment
Allana Resources Inc. announce that the Company has completed its previously announced Strategic Investment with China Minerals United Management Ltd. (see News Release dated November 4, 2009) by way of private placement financing of Common Shares of the Corporation for gross proceeds of $2,000,000 million through the issuance of 8,000,000 Common Shares at a price of $0.25 per Common Share (the “Offering...
J-Pacific Receives British Columbia Mining Exploration Tax Credit Refund
J-Pacific Gold Inc. announced today it has received Mining Exploration Tax Credit refunds totalling $634,323 from the Government of British Columbia, for exploration work conducted from 2006 to 2008 at the Company’s Blackdome Gold Mine and Elizabeth Gold Property. Over the past two months, J-Pacific has added $1,812,104 to its working capital from the B.C. and Quebec mineral exploration tax credit...
RedHawk Energy Acquires Xxtreme Group for $66.0 Million
RedHawk Energy Corporation announced that it has acquired 100% of the membership interests of Texas-based Xxtreme Pipe Services, LLC, Xxtreme Pipe Storage, LLC, Xxtreme Tubular Processors, LLC and Wolf Pack Rentals, L.L.C. (collectively, the “Xxtreme Group”) for $66.0 million in cash, preferred stock and assumed debt. The purchase price is subject to certain post-closing adjustments. Headquartered...
AngloGold Ashanti Output Up 5% on Geita, Vaal River Turnarounds
AngloGold Ashanti said third quarter production rose 5 percent as a result of continued improvements at its Geita mine in Tanzania and fewer safety related interruptions at its Vaal River operations in South Africa. “We continue to make breakthroughs in effecting the turnaround at Geita,” Chief Executive Officer Mark Cutifani said. “We’ve also made some strong safety gains at...
Apollo Successfully Completes Tender Offer for Shares of Parallel Petroleum Corporation
Parallel Petroleum Corporation (“Parallel”), PLLL Acquisition Co. and PLLL Holdings, LLC, entities formed for the purpose of acquiring Parallel Petroleum Corporation (NASDAQ: PLLL – News) and wholly owned subsidiaries of an affiliate of Apollo Global Management, LLC, today announced that the subsequent offering period of the tender offer for all of the outstanding shares of common stock of...
Argonaut Gold Seeks to Acquire Castle Gold for a Minimum of C$1.25 Per Share
CASTLE GOLD CORPORATION announce today that it has entered into a support agreement with Argonaut Gold Inc. (“Argonaut”) in connection with the proposed acquisition (the “Offer”) by Argonaut of all of the common shares of Castle Gold Corporation (“Castle Gold”). Under the terms of the Support Agreement, Argonaut will offer to acquire, by way of a take-over bid, all...
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Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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