Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

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... 

Tag: allowa corporation ltd, north dakota oil stocks, balkin oil basin north dakota, mountrail county nd leaseholds roise, oil under paris

Universal Holdings Closes Acquisition and Enters Domestic North American Oil and Gas Market

Universal Holdings announced that on September 21, 2009, the company purchased 100% of the outstanding membership units of Coronado Acquisitions, LLC. In connection with this acquisition, Universal has satisfied a promissory note issued by Coronado Acquisitions, LLC in the principal amount of $3,250,000 by issuing 2,100,000 restricted shares of its common stock to the Noteholders. Coronado is a development... 

Tag: universal holdings and acquisitions llc, universal holdings jeffrey beunier, mj dracon, coronado acquisitions llc, language 2 language universal holdings

ACE Launches New Offshore Policy to Tackle Increasing Liability Exposure in Oil and Gas Industry

ACE Europe has today announced the launch of its new oil and gas industry policy. The product, which is aimed at both manual and non-manual trades engaged in the upstream sector, has been extended and adapted to address a raft of new liability exposures facing offshore oil and gas contractors. The new product addresses specific oil and gas industry issues such as the widening of its offshore contractual... 

Great Lakes Dredge & Dock Corporation Announces Secondary Equity Offering

Great Lakes Dredge & Dock Corporation announced a 12.5 million share secondary offering of its common stock by certain selling stockholders. The selling stockholders include Madison Dearborn Capital Partners IV, L.P. The offering is being conducted as a public offering pursuant to an effective shelf registration statement under the Securities Act of 1933. Great Lakes will not receive any proceeds... 

Century Mining Announces Formation of New Wholly-Owned Subsidiary

Century Mining Corporation, a junior gold producer announced today that the formation and establishment of Lamaque Mining Corporation (LMC) was completed on April 29, 2009. LMC is a wholly-owned subsidiary of Century formed under applicable federal laws in Canada. LMC was established for the specific purpose of satisfying certain conditions set forth in the US$65 million loan underwriting commitment... 

Tag: golden century mining mine lamaque, century mining, century mining stocks, century mining quebec, century mining news

Pan American silver closes US$103 million public offering of common shares

Pan American Silver Corp. has closed its previously announced public offering of common shares. Pursuant to the Offering, the Company today issued 6,371,000 common shares at a price of US$16.25 per share, for aggregate gross proceeds of US$103,528,750 and total proceeds, net of underwriting fees, of US$98,611,134, including the exercise in full of the underwriters’ over-allotment option. The... 

Tag: top junior silver miner australia 2009, silver company owned by goldman sachs

Minefinders Closes C$40 Million Bought Deal

Minefinders Corporation Ltd. reported that the Company has closed its previously announced C$40,020,000 bought deal offering in which a syndicate of underwriters purchased 9,200,000 units from Minefinders for sale to the public at a price of C$4.35 per unit. Each unit consists of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant entitles the holder... 

Mirabela extends the term of debt financing package

Mirabela Nickel Limited has signed an extension of its US$80 million bridge financing facility with Barclays and Credit Suisse. Once certain registration formalities and other conditions are complete, the term of the bridge facility will be extended to 30 June 2009. As part of the financing package, 1,500,000 options will be issued to each Bank exercisable at A$3.00 each on or before 7 July 2013. The... 

Tag: groupe suisse lundin

CityView Revising Strategy in Current Market Conditions

CityView Corporation Limited advises that following the recent turmoil in international financial markets, it has reviewed its strategy in Africa. It had been the intention that Pensador Resources Inc. would fund the very large financing obligations required for the development of the offshore oil permits, together with the lesser financing requirements for the minerals and diamond interests in Angola. CityView... 

Tag: canzar resources, www diamondlicence co za

Yukon-Nevada Gold Corp. moves to secure financing for mine expansion

Yukon-Nevada Gold Corp. is pleased to announce that it has engaged the Commodities and Resource Finance Division of Investec Bank (UK) Limited (“Investec”) to arrange project finance and hedging facilities for the expansion of the Company’s Jerritt Canyon Mine in Nevada. The facilities are comprised of a term loan of US$40 million and a partial gold hedging program for the term of...