Barkerville Raises $13,054,000 With Equity Issue

Barkerville Gold Mines Ltd. (formerly International Wayside Gold Mines Ltd.) reports that the previously announced equity financing (News Release 09-35 November 20, 2009) including the overallotment option has been fully subscribed to and the issue has been increased. The proceeds from the private placement will be used for the start up of the QR Mine and Mill, exploration and development on the Company’s... 

Tag: barkerville closes acquisition, barkerville raises 13 054 000 25 jan, barkerville raises 13 054 000

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,... 

Tag: chesapeake shelf prospectus, nickel mining prospectus

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... 

Closing Financing of $9 Million and Listing of Candente Gold Corp.

Candente Resource Corp. and Candente Gold Corp. has announce the closing on December 30th of three tranches totalling $9,028,130 in the previously announced private placement offering of common shares of Candente Gold (the “Financing”). Exploration will commence in January on the El Oro property in Mexico. A program of underground drifting and drilling will target extensions to high-grade... 

Tag: candente mining, candente gold cp, candente gold corp, candente gold

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... 

Tag: pan asia mining, pan asia resources corporation, gold paredones amarillos, awak mas, awak mas mining

Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,... 

Tag: caterpillar dealership agreement, rajant mining operations, dan dayton macallister machinery in, full service caterpillar dealership, macallister machinery

Rubicon Minerals announces closing of Cdn $86 million bought deal financing

Rubicon Minerals Corporation announce that it has closed its previously announced bought deal equity financing of 18,975,000 common shares (which includes the exercise in full of the over-allotment option of 2,475,000 common shares) at a price of Cdn$4.55 per share for aggregate gross proceeds to the Company of Cdn$86,336,250. The Company plans to use the net proceeds from the offering to advance the... 

Tag: rubicon minerals, canadian gold mining indusrty review for 2009

Crown Minerals Announces $300,000 Non-Brokered Private Placement

Crown Minerals Inc. announce a proposed non-brokered private placement of up to 2,500,000 units at a price of $0.12 per unit (the “Offering”), for aggregate gross proceeds of up to $300,000. Each Unit will be comprised of one common share and one share purchase warrant, each such warrant entitling the holder to purchase one common share for $0.18 at any time within 18 months. All securities... 

Tag: abiti greenstone belt timmins ont, stephen dunn mining, crown minerals stocks, abitibi greenstone belt mining companies, northern propertys ont under

Allana Resources Announces Closing of $2.0 Million Strategic Investment

Allana Resources Inc. announce that the Company has completed its previously announced Strategic Investment with China Minerals United Management Ltd. (see News Release dated November 4, 2009) by way of private placement financing of Common Shares of the Corporation for gross proceeds of $2,000,000 million through the issuance of 8,000,000 Common Shares at a price of $0.25 per Common Share (the “Offering... 

Tag: allana invest, allana investment, allana resources, colorado new potash mine, encanto resources

Avanti Mining Announces Definitive Agreement for Conversion by RCF of 75% of the Convertible Loan Into Units

Avanti Mining Inc. announces that it has entered into a definitive agreement with Resource Capital Fund IV L.P. (“RCF”) for the previously announced conversion of US$15,116,667 of the existing Convertible Bridge Loan into units of Avanti at a conversion price of C$0.16 per unit. Each Unit will consist of one common share and one half of one share purchase warrant. Each whole warrant will...