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,...
Tethys Petroleum Limited announced that the joint venture relating to its Tajik projects previously announced in December 2007 has now been completed and that its interests in Tajikistan have therefore been transferred to its joint venture company Seven Stars Energy Corporation (“SSEC”). The completion of this deal had been waiting on the resolution of certain commercial and business issues...
North Atlantic Resources Ltd. announces that, further to its news release of December 1, 2009 the common shares of the Company will commence trading on the TSX Venture Exchange effective at the opening of trading on Friday, December 18, 2009. The Company is classified as a Tier 2 Mineral Exploration/Development Company on the TSX Venture Exchange. The common shares of the Company will cease trading...
Bryn Resources Inc announce that it has finalized the form of a Letter of Intent with Cayenne Gold Mines Ltd. which it will sign today detailing the parameters within which it may enter into a Joint Venture Agreement (J.V.) with Cayenne to commence and complete a bulk sampling extraction from Cayenne’s Windflower Property near Revelstoke British Colombia in the Kootenay Mining Division of B.C. The...
Kodiak Oil & Gas Corp. announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price of $2.20 per share. The offering is being made pursuant to an effective shelf registration statement that Kodiak filed with the Securities and Exchange Commission on July 14, 2008. The net proceeds of the offering, after deducting underwriting discounts and commissions...
Fortune Minerals Limited announce that it has retained BNP Paribas to provide advice and financial services in connection with the arrangement of a US$ 200-250 million debt facility to finance the construction, start-up and operation of the Company’s NICO Gold-Cobalt-Bismuth-Copper development in the Northwest Territories. Based in Paris, France, BNP Paribas is a world class financial institution...
Katanga Mining Limited a company operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt announced that the remaining relationship agreements that certain of Katanga’s major shareholders, including Glencore Finance (Bermuda) Limited, RP Explorer Master Fund, Cosaf Limited and Ruwenzori Limited, separately entered into with Katanga on January 21, 2008...
Gold Hawk Resources Inc. announced today that the Company has entered into a Share Purchase Agreement (the “Agreement”) with Nyrstar (“Nyrstar”) (NYSE Euronext Brussels: NYR), whereby Nyrstar will acquire an 85 per cent interest in Compania Minera San Juan (Peru) S.A. (CMSJ), Gold Hawk’s Peruvian operating subsidiary, for US$15 million. Nyrstar is a leading, well-financed,...
ProspEx Resources Ltd. is providing an operational update with respect to certain projects within its 2009 capital program. “Flow test results from our East Kakwa horizontal well have exceeded expectations, validating the concept of a repeatable horizontal drilling development on our lands”, said John Rossall, President and Chief Executive Officer. “I am also excited to announce that...
Quaterra Resources Inc. announced that the TSX Venture Exchange has approved the transaction to exercise 1.6 million non-transferable common share purchase warrants (the “Warrants”) of the Company of the 1,741,250 Warrants that were eligible to be exercised. In accordance with this issuance, this transaction has financed the Company with USD $960,000 and the Company now has 99,131,298 shares...