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... 

Tag: gwr mining, financing

Killdeer Minerals Announces Closing of Financing With MineralFields Group

Killdeer Minerals Inc. announce that it has completed the private placement with MineralFields Group to raise gross proceeds of $700,000. Under the terms of the Financing, Killdeer has issued 2,800,000 flow-through units (the “FT Units”) at a price of $0.25 per FT Unit. Each FT Unit consisted of one flow-through common share and one-half of a transferable non flow-through common share... 

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Swift Resources Announces Financing With MineralFields Group

Swift Resources Inc. announce that it has negotiated a private placement with MineralFields Group to raise gross proceeds of up to $500,000. Under the terms of the Financing, the Company will issue 1,785,714 flow-through units (the “FT Units”) at a price of $0.28 per FT Unit. Each FT Unit will consist of one flow-through common share (the “FT Shares”) and one-half of a transferable... 

Tag: mineralsfields financing b c mining companies, mike elson

Blue Note Mining Closes $700,000 First Tranche Financing with the MineralFields Group

Blue Note Mining Inc. announce that it has closed the first tranche of the non-brokered private placement announced on September 10, 2009 through the sale of 3,500,000 Flow-Through Units (“FT Units”) at $0.20 per unit to the MineralFields Group for total gross proceeds of $700,000. Each FT Unit consists of one flow-through common share along with a full common share purchase warrant, each... 

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Excel Gold Mining Inc. Announces the Closing of a Private Placement With the MineralFields Group

Excel Gold Mining Inc. announce the closing of a non-brokered private placement of $800,000.00 through the sale of 10,000,000 flow-through units (“FT Units”) at $0.08 each to the MineralFields Group, each FT Unit being comprised of one (1) common share, to be issued as a “flow-through share”, and one (1) non-flow-through common share purchase warrant, exercisable at a price... 

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Northern Superior Resources Inc. Announces Financing With the MineralFields Group

Northern Superior Resources Inc. announce that it has negotiated a private placement with the MineralFields Group raising $1,000,000 of proceeds (the “Financing”). The funds raised are to be utilized to further exploration work on the Company’s Wachigabau gold project in Quebec. “We are very pleased to be entering into this relationship with MineralFields Group”, said... 

Pele Mountain Announces Closing of Financing With MineralFields Group

Pele Mountain Resources Inc. announce that it has closed a non-brokered private placement offering with MineralFields Group for an aggregate of 4,166,666 flow-through units in the capital of the Company at a purchase price of $0.12 per Unit for gross proceeds of $500,000. Each Unit is comprised of one (1) common share (each a “Share”) on a flow-through basis (as that term is defined in... 

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Orex Closes Flow-Through Private Placement for its Phase 2 Exploration Program at Goldboro

OREX EXPLORATION INC. announce the closing of a private placement of $547,000, consisting of 7,300,000 units. On this amount, MineralFields Group, through First Canadian Securities® (a division of Limited Market Dealer Inc.), has subscribed for 5,600,000 units representing $420,000. Each unit at a price of $0.075 per unit consists of one flow-through share and one warrant giving the right to buy one... 

Tag: private placement canadian iron mining, private placements in canada, first canadian securities private placements exploration, orex oil, private placement and tax credit

Two Private Placements Closed to Fund Romaine Iron-Titanium Project

Medallion Resources Ltd. announces the closure of two non-brokered Flow-Through private placements of the Company’s shares. The gross proceeds raised totals $397,632.00, which will be used to fund exploration at the Romaine Iron-Titanium Project. The first placement involved the issue of 1,266,999 flow-through common shares at $0.15 per share to raise gross proceeds of $190,049. Two of the Company’s... 

Paramount Gold and Silver Corp. Completes $2,000,000 Financing with the MineralFields Group

Paramount Gold and Silver Corp. announce a private placement of CDN$2,000,000 through the sale of 3,636,363 units at $0.55 each to the MineralFields Group. Each flow through unit is comprised of one restricted common share and one share purchase warrant exercisable for a period of two years from closing at a price of $1.00 per share during the first year and $1.25 during the second year. First Canadian...