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...
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,...
Western Canadian Coal Corp announces that it has entered into an agreement dated December 31, 2008, pursuant to which Western will make available a loan facility on a secured basis (the “Loan”) of up to US$36 million to Cambrian Investment Holdings Limited (“CIH”), a wholly-owned subsidiary of Cambrian Mining Plc (AIM: CBM) (“Cambrian”), the Company’s major...
Norsemont Mining Inc. announced that in response to recent unsolicited expressions of interest to acquire the Company, the Board of Directors has formed a Special Committee and is in the process of retaining independent financial advisors. The Special Committee has retained Fraser Milner Casgrain LLP as its legal advisors. The Company cautions shareholders that there is no assurance that any specific...
Victoria Gold Corp. and Gateway Gold Corp. confirm that, further to each of their press releases dated August 19, 2008 and September 23, 2008, they have entered into an arrangement agreement to complete their previously announced friendly transaction pursuant to which Victoria will acquire all of the outstanding common shares of Gateway. Pursuant to the terms of the Transaction, all of the outstanding...