Quaterra and Goldcorp Sign Investment Framework Agreement

Quaterra Resources Inc. announced that Goldcorp Inc., has entered into a binding Investment Framework Agreement (IFA) with the Company. The IFA formalizes the terms of a previously announced Letter of Intent that provides Goldcorp with an option to acquire an interest in certain mining properties held by or acquired by Quaterra in central Mexico in return for funding a two-year generative exploration... 

Tag: quaterra mining

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... 

Golden Goose to proceed with sale of Lac Levac nickel property to Nemaska

Golden Goose Resources Inc. announces that it has received notification from Nemaska Exploration Inc. (“Nemaska”) that subsequent to closing of their initial public offering (“IPO”), Nemaska intends to exercise its option for the purchase of the Lac Levac property, located 216 km north of Chibougamau in the James Bay area of northern Quebec, on or before December 31st, 2009.... 

Tag: nemaska mining, lac levac

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

Southern Silver Closes Second Tranche of $1.816 Million Private Placement

Southern Silver Exploration Corp. has now closed the second tranche of the previously announced private placement (NR-06-09, Nov. 24, 09) consisting of 3,590,000 million units for proceeds of C$359,000. The company announced on December 10, 2009 (NR-07-09) that it had closed the first tranche of the private placement respecting 14,570,000 units aggregating C$1,457,000. The private placement was oversubscribed... 

Tag: silver shares purchase

Coro Announces Participation in Valley High Non-Brokered Private Placement

Coro Mining Corp. announces that it has sold, through the facilities of the TSX Venture Exchange, 3,050,000 common shares of Valley High Ventures Ltd. (“Valley High”) which were previously acquired by Coro in October 2008. Coro filed a Form 45-102F2 Notice of Intention to Distribute Securities on December 10, 2009 announcing Coro’s intention to sell up to 3,256,141 common shares of... 

Southern Trust Securities Announces Formation of Metals Trading Group

Southern Trust Securities Holding Corp. (“STSHC”) (OTC Bulletin Board: SOHL), a financial services company offering broker-dealer, investment banking, investment advisory and wealth management services, announced today that it has formed Southern Trust Metals, Inc. (“STM”). STM was formed to capitalize on the investor interest in the trading of precious metals such as gold,... 

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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... 

Tag: mineral fields announces 2010