Altai Resources Inc. is pleased to announce that it has recently acquired an Oil and Gas Permit No. 2008PG988 totaling 24,042 hectares at Sept Iles on the Upper St. Lawrence, Quebec. This Permit covers a gas well drilled in 1970 that encountered gas in recent sediments at a depth of 270 feet (90 meters) and [...]
Graham Corporation announced that the Board of Directors has appointed Alan Fortier, President of Fortier & Associates, Inc., as a Director for a term expiring at the 2009 Annual Meeting of Stockholders. Mr. Fortier founded Fortier & Associates, a strategy and profit improvement consulting firm, in 1988. His firm serves Fortune 100 multi-national companies and [...]
Independent Nickel Corp. announced that it has agreed to terms of a $14 million financing with a private company in the Hunter Dickinson group.
Under the terms of the financing, Hunter Dickinson will subscribe for 40,000,000 Units of Independent Nickel at $0.35 per Unit, for gross proceeds of $14,000,000, on a non-brokered basis. Each Unit will [...]
Victory Nickel Inc. announced that it has completed an $8.1 million non-brokered private placement financing.
Gross proceeds of $8.1 million were received in consideration of the issuance of 18,046,700 common shares of the Company issued on a “flow-through basis” (each, a “Flow-Through Share”) at a price of $0.45 per share. The Flow-Through Shares issued pursuant to [...]
Canadian Royalties Inc. announced that it has obtained Mine Leases from the ministère des Ressources naturelles et de la Faune du Québec for its Mesamax, Ivakkak and Mequillon deposits.
With this latest delivery of Mine Leases for each of the Mesamax, Ivakkak and Mequillon sites, together with the Mine Lease for the Expo site delivered in [...]
Mechel OAO, one of the leading Russian mining and metals companies, announces that a flash of methane has occurred at its Southern Kuzbass OAO coal subsidiary’s Lenin Mine.
Today at 11:03 a.m. local time (7:03 a.m. Moscow time), a flash of methane occurred at Southern Kuzbass OAO’s Lenin Mine (Mezhdurechensk, Kemerovo Region), while repair work was [...]
Temex Resources Corp. announces the acquisition of 428 additional claim units covering some 17,000 acres, 12 km southwest of a base metal discovery recently announced by WSR Gold Inc. (”WSR”) and approximately 50 km to the north-northwest of the three Noront Resources Ltd. (”Noront”) Ni-Cu-PGE discoveries in the McFaulds Lake area of northern Ontario. The [...]
Mantis Mineral Corp. is pleased to announce today that it has entered into an agreement with an arms length third party to acquire potash exploration permits (KP’s) which have been applied for in highly prospective potash areas of Saskatchewan. The KP’s are approximately 60 km to the north to the existing Lanigan Mine held by [...]
