Barkerville Raises $13,054,000 With Equity Issue

January 25, 2010 Filed Under: Mining Stocks  
Barkerville Raises $13,054,000 With Equity Issue

Barkerville Gold Mines Ltd. (formerly International Wayside Gold Mines Ltd.) reports that the previously announced equity financing (News Release 09-35 November 20, 2009) including the overallotment option has been fully subscribed to and the issue has been increased. The proceeds from the private placement will be used for the start up of the QR Mine and Mill, exploration and development on the Company’s... 

Apollo Successfully Completes Tender Offer for Shares of Parallel Petroleum Corporation

October 30, 2009 Filed Under: Lithium Mining, Mining Stocks, Oil and Gas  
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... 

New Gold Completes Cdn$1.2 Billion Business Combination with Western Goldfields

June 1, 2009 Filed Under: Mining Investment, Mining Stocks, Precious Metal  
New Gold Completes Cdn$1.2 Billion Business Combination with Western Goldfields

New Gold Inc. and Western Goldfields Inc. announce that they have completed their previously announced business combination (the “Transaction”). The Transaction was completed by way of a plan of arrangement (the “Plan of Arrangement”) that was approved by the New Gold and Western Goldfields shareholders on May 13 and 14, 2009, respectively and which received final court approval... 

Cadence changes following Barrick Acquisition

September 6, 2008 Filed Under: Mining Stocks, Oil and Gas  

Cadence Energy Inc. announce that following the acquisition by Barrick Gold Corporation of over 94% of the common shares of Cadence, David Boone has been appointed as Cadence’s new Chief Executive Officer. Mr. Boone has more than 30 years of oil and gas industry operating experience. Prior to joining Cadence, he held the position of Chief Operating Officer and Executive Vice-President at PanCanadian... 

Petroleum Development Corporation Successfully Completes Unioil Tender Offer

December 7, 2006 Filed Under: Mining Services, Oil and Gas  

Petroleum Development Corporation and Unioil announced today that PDC has successfully completed its cash tender offer to purchase all outstanding shares of common stock of Unioil. Based on information provided by Computershare Trust Company, which is acting as the depositary for the tender offer, 9,112,750 shares of Unioil common stock, representing approximately 95.5% of all outstanding shares,... 

Precision Drilling Trust Announces Fourth Quarter Monthly Distributions at CDN$0.31 per Trust Unit

October 22, 2006 Filed Under: Mining Services  

Precision Drilling Trust announced that its Board of Trustees has set the distribution policy for the fourth quarter of 2006 at the same rate as in the third quarter, Cdn$0.31 per trust unit per month. These monthly payments also will be made to holders of Class B limited partnership units of Precision Drilling Limited Partnership. The Cdn$0.31 per unit cash distribution for October 2006 will be payable... 

Precision Drilling Trust Confirms September 2006 Cash Distribution

September 20, 2006 Filed Under: Mining Services, Oil and Gas  

Precision Drilling Trust (“Precision”) confirms today that the cash distribution for the month of September 2006 will be Cdn$0.31 per trust unit of Precision. The distribution will be payable on October 17, 2006 to unitholders of record on September 29, 2006. The ex-distribution date is September 27, 2006. A payment of Cdn$0.31 per unit will also be made to holders of Class B limited partnership...