Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,... 

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Terra Announces Acquisition of Alberta Oil Assets

Terra Ventures Inc. announces that its newly incorporated and wholly-owned Calgary based subsidiary, Terrex Energy Inc. (“Terrex”), has entered into a purchase and sale agreement to acquire a 100% interest in a basal quartz oil pool in central Alberta from a private oil and gas company, for a purchase price of $650,000. The pool is currently producing approximately 80 barrels of oil equivalent... 

Hansa Finalizes Agreement for Sale of Swedish Properties

Hansa Resources Ltd. announce that Hansa has finalized a Letter of Intent (“LOI”) with Botnia Exploration Holding AB (“Botnia”), which contains the principal terms for the sale of Hansa’s wholly owned subsidiary Hans A Resources AB (“Hans A”). Botnia is a company incorporated under the laws of Sweden that is publicly traded on the Aktietorget exchange under... 

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Royal Gold Raises Common Stock Dividend 13% to $0.36 Per Share

Royal Gold, Inc., a leading precious metals royalty company, today announced that its Board of Directors increased the Company’s annual dividend for its shares of common stock from $0.32 to $0.36, payable on a quarterly basis of $0.09 per share. Royal Gold has steadily increased its annual dividend since it first issued a $0.05 annual payment for calendar year 2000. The Board also declared the dividend... 

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Lion Energy receives conditional acceptance from TSX Venture Exchange for farm-in with Africa Oil

Further to a release on May 28,2009, Lion Energy Corp. announces that it has received conditional acceptance from the TSX Venture Exchange for its farm-in agreement (the “Agreement”) with Africa Oil Corp. (“Africa Oil”), a member of the Lundin Group of Companies. Final Acceptance is subject to the confirmation of certain matters with the TSX Venture Exchange. The Agreement relates... 

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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”).... 

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Kalahari Resources to Acquire Remaining Interest in Flagship Lamaque Gold Project

Kalahari Resources Inc. announce it has entered into agreements with Tundra Gold Mines Limited (‘Tundra’) and Golden Pond Resources Ltd. (‘Golden Pond’), the joint venture parties on the Lamaque property in Val d’Or, Quebec in order to consolidate ownership and allow for more advanced exploration to proceed. “The existing ownership structure has prevented Kalahari... 

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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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Western Lithium to Acquire Rocky Mountain Resources

Western Lithium Canada Corporation and Rocky Mountain Resources Corp. announce that they have entered into a non-binding letter of intent pursuant to which Western Lithium proposes to acquire all of the outstanding shares of Rocky Mountain. The letter of intent contemplates that the transaction will be completed by way of a Plan of Arrangement (the “Arrangement”). At closing, all Rocky... 

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