Oroco Resource Corp. announce that it intends to increase the size of the non-brokered private placement of $0.225 units announced November 13, 2009 from six million units to seven million units, thereby increasing the funds raised from $1,350,000 to $1,575,000. The Company is also pleased to announce that it has closed the first tranche of 5,720,500 units of the Private Placement at a price of $0.225...
Vast Exploration Inc., an independent oil and gas company announce that it has entered into an agreement with a syndicate of agents led by Canaccord Capital Corporation and including Genuity Capital Markets and Haywood Securities Inc. to issue, on a private placement “best efforts” agency basis, up to $5,000,000 in units at a price of $0.40 per Unit. Each unit will be comprised of one...
Southwestern Resources Corp. announce that, further to its press release dated March 10, 2009, it has entered into an Arrangement Agreement providing for the acquisition by Hochschild, directly or indirectly, of all of Southwestern’s issued and outstanding common shares by way of a plan of arrangement under the Business Corporations Act (British Columbia). The cash consideration of $0.50 per...
Pan American Silver Corp. has closed its previously announced public offering of common shares. Pursuant to the Offering, the Company today issued 6,371,000 common shares at a price of US$16.25 per share, for aggregate gross proceeds of US$103,528,750 and total proceeds, net of underwriting fees, of US$98,611,134, including the exercise in full of the underwriters’ over-allotment option. The...
Quest Uranium Corporation announce that it has completed the final closing of its previously-announced private placement by issuing 5,000,000 “flow-through” common shares to accredited investors and officers and directors of Quest at a price of $0.125 per share, for gross proceeds to Quest of $625,000. The sale of the 5,000,000 “flow-through” common shares represents the final...
YAMANA GOLD INC. announced that it has entered into an agreement with Canaccord Capital Corporation and Scotia Capital Inc. pursuant to which the Lead Underwriters have agreed to purchase for resale to the public by the Lead Underwriters and a syndicate of underwriters, 16,700,000 common shares of Yamana on a “bought deal” basis, at a price of Cdn$6.00 per common share for aggregate gross...
North American Gem Inc. announce that the TSX Venture Exchange has accepted for filing an option agreement dated September 5, 2008 between North American Gem Inc. and Appalachia Coal Corp., whereby the Company will acquire a 100% interest in Appalachia Coal Corp., a British Columbia incorporated company with 20,000 acres of coal leases located in Preston County, West Virginia. North American Gem now...
Golden Harp Resources Inc. (TSXV:GHR) today announced the appointment of Mr. Alec Peck to the position of Chief Financial Officer (CFO) effective immediately. Mr. Peck completed his Chartered Accountant requirements with Deloitte & Touche Chartered Accountants in Vancouver. He then practiced in Alberta prior to moving to Toronto. From 1986 until 1993, he was a partner with member offices of the...
Golden Share Mining Corporation is pleased to provide an update on its on-going exploration programs. The Company is advancing four projects and intends to execute three drill programs before the end of the year. Golden Share is sufficiently funded to achieve this objective and adequate field personnel are available. A diamond drilling contract has been awarded and drilling equipment is now reserved...
Global Uranium Fund Inc. is pleased to announce that the equity shares and warrants which currently trade as stapled units on the TSX under the ticker symbol GUR.UN, will separate and trade independently on Friday July 6, 2007 in connection with the closing of the over-allotment. The ticker symbols for the equity shares and warrants will be GUR and GUR.WT respectively. The warrants may be exercised...