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...
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,...
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...
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...
Alto Group Holdings, Inc., has announced that the Company has amended the previously announced Letter of Intent (L.O.I.) in regards to certain mining rights in Ghana, West Africa. Alto plans to form a joint venture with the mineral rights owners, Castle Peak Mining Ltd. and will formulate a definitive Joint Venture Agreement by the end of 2009. Under the terms of the amended L.O.I. the Company shall...
Kodiak Oil & Gas Corp. announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price of $2.20 per share. The offering is being made pursuant to an effective shelf registration statement that Kodiak filed with the Securities and Exchange Commission on July 14, 2008. The net proceeds of the offering, after deducting underwriting discounts and commissions...
Kodiak Oil & Gas Corp. announced that it is commencing an offering of up to 10,000,000 shares of its common stock in a public offering. KeyBanc Capital Markets Inc. is acting as the sole book runner for the offering and as the co-manager with Thomas Weisel Partners LLC. Proceeds of the offering will be used primarily for drilling and completion activities on Kodiak’s Williston Basin leases...
Western Lithium Canada Corporation and Rocky Mountain Resources Corp. announce that they have entered into a non-binding letter of intent pursuant to which Western Lithium proposes to acquire all of the outstanding shares of Rocky Mountain. The letter of intent contemplates that the transaction will be completed by way of a Plan of Arrangement (the “Arrangement”). At closing, all Rocky...
USCorp (OTCBB:USCS), in order to facilitate ongoing negotiations with a number of mining companies, has uploaded proprietary technical data to a secure website operated by Pandesa ShareVault for viewing by industry professionals. Access to the proprietary data is by invitation only after signing a confidentiality agreement and it is password protected. The information includes: Feasibility Studies...
Cronus Resources Ltd. announce that it has entered into an amended and restated letter of intent dated October 9, 2009 with Continental Gold Limited (“Continental”), an arm’s length Bermuda based gold exploration company with a portfolio of properties in Colombia, pursuant to which Cronus (or a subsidiary thereof) will amalgamate with Continental to further develop the properties...