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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True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study. The True Blue property is located 55 kilometres south of Ross River, Yukon and is accessible via all-weather road... 

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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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Great Western Minerals Group Retains Investor Relations Firm

Great Western Minerals Group Ltd. announced today that it has entered into an investor relations agreement with Stone Communication Services Limited (“SCS”) of Toronto, Ontario (the “Agreement”). SCS specializes in the execution of tailored, strategic communication programmes for emerging companies and will introduce GWMG to Stone Communications’ network of brokers, analysts... 

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Riverstone Completes Acquisition of Seajacks International

Riverstone Holdings LLC’s most recent renewable energy fund has successfully completed its previously announced acquisition of Seajacks International, for a total cash consideration of US$207 million. Seajacks is now wholly-owned by Riverstone and the management team. Seajacks currently owns and operates two self-propelled jack up vessels out of Great Yarmouth in the United Kingdom: the Seajacks... 

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Chesapeake Energy Corporation Announces $2.25 Billion Barnett Shale Joint Venture with Total E&P USA, Inc.

Chesapeake Energy Corporation announced the execution of an agreement for a $2.25 billion joint venture with Total E&P USA, Inc., a wholly-owned subsidiary of Total S.A. (NYSE:TOT, FP:FP) (“Total”), whereby Total will acquire a 25% interest in Chesapeake’s upstream Barnett Shale assets. Total will pay $800 million in cash at closing and will pay an additional $1.45 billion by funding 60%... 

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NovaGold Files Final Base Shelf Prospectus for Future Financings

Further to its news release of December 7, 2009, NovaGold has filed a final short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec, and a corresponding amendment to its registration statement with the United States Securities and Exchange Commission. This shelf prospectus is intended to replace the Company’s previous shelf prospectus,... 

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Orebodies Closes Final Tranche of Non-Brokered Private Placement

Canadian Orebodies Inc. announce that it has closed on its second and final tranche of a non-brokered private placement (the “Financing”) for aggregate gross proceeds of $257,440 through the sale of 540,000 units of securities of the Company (each, a “Unit”) at a price of $0.10 per Unit and 1,695,333 “flow-through” units of the Company (each, a “Flow-Through... 

Vista Gold Corp. Announces Joint Venture Agreement for Awak Mas Gold Project in Indonesia

Vista Gold Corp. announced that its wholly-owned subsidiary, Vista Gold (Barbados) Corp., has signed a Joint Venture Agreement with Pan Asia Resources Corporation (“Pan Asia”) with respect to the development of the Awak Mas gold project in Indonesia. The Joint Venture Agreement provides Pan Asia, a privately held resource development company, with the opportunity to earn a 60% interest... 

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GWR Arranges up to $700,000 Flow-Through Financing With MineralFields Group

GWR Resources Inc. announce a non-brokered private placement in the amount of up to $700,000 with the MineralFields Group pursuant to which GWR proposes to issue an aggregate of up to 5,833,334 units. The Private Placement is subject to the approval by TSX Venture Exchange. Each unit will be priced at $0.12 and will consist of one “flow-through” common share and one transferable common... 

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