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

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  …

January 9th, 2009

PMCC Moves to Set Aside Security Granted by ICMI

PMCC Moves to Set Aside Security Granted by ICMI

Precious Metal Capital Corp. announces that it has filed motion material in its action in the Ontario Superior Court of Justice Commercial List (Court File No. 07-CL-7224) against International Consolidated Minerals Inc. et al., to add as defendants “redem …

January 9th, 2009

Index Oil and Gas Announces Production Begins From Cochran No. 1 Discovery in South Texas

Index Oil and Gas Announces Production Begins From Cochran No. 1 Discovery in South Texas

Index Oil and Gas Inc. announced that the Cochran #1 exploratory well in the Garwood prospect located in Colorado County, Texas has commenced production from two intervals. As of January 4, 2009, the well was flowing at a daily rate of more than 6.1 millio …

January 8th, 2009

Phoenix Coal Inc. secures permits for Radio Hill section of Briar Hill surface mine

Phoenix Coal Inc. secures permits for Radio Hill section of Briar Hill surface mine

…  Coal Inc., a leading producer and consolidator of thermal coal reserves in the Illinois Basin, announced the Company has received a …  already commenced at Radio Hill, and the Company expects coal production to begin in February. The mine is expected to reach full …

January 8th, 2009

High Desert Gold Corporation Announces Results of Its Substantial Issuer Bid

High Desert Gold Corporation Announces Results of Its Substantial Issuer Bid

High Desert Gold Corporation announced the results of its substantial issuer bid to purchase for cancellation a maximum of 36,000,000 common shares of the Company at a price of Cdn.$0.27 per HDG Share. The Offer expired at 9:00 p.m. (Toronto time) on Janu …

January 8th, 2009

NovaGold Completes Disposition of Alexco Shareholding

NovaGold Completes Disposition of Alexco Shareholding

Alexco Resource Corp. reports it has been advised that NovaGold Resources Inc. has reduced its shareholding in Alexco from approximately 16% to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by …

January 8th, 2009

Weststar Receives NI 43-101 Technical Report on Saskatchewan Tobin Lake 18 Meter Coal Property

Weststar Receives NI 43-101 Technical Report on Saskatchewan Tobin Lake 18 Meter Coal Property

…  Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored by Marvin A. …  will be filed on SEDAR shortly. The Tobin Lake 18 Meter Coal property consists of 72 coal permits, with a total property area of 55,296 …

January 8th, 2009

Cloudbreak Receives Additional Coal Permits

Cloudbreak Receives Additional Coal Permits

…  and Resources has delivered to The Company additional coal permits encompassing 8 full or partial townships. To date, Cloudbreak …  or partial townships, or approximately 410,000 acres of coal permits in Saskatchewan and approximately 350,000 acres for the rights to …

January 8th, 2009

Intrepid Reports on Regulatory Developments Regarding its HB Solar Solution Mine

Intrepid Reports on Regulatory Developments Regarding its HB Solar Solution Mine

…  ponds rather than having to burn natural gas or coal. Potash solution mining is a widely used and accepted technology. The oil …

January 8th, 2009

Conquest Raised $500,000 in Private Placement Financing

Conquest Raised $500,000 in Private Placement Financing

Conquest Resources Limited reports that it has received conditional approval from the TSX Venture Exchange of its previously announced non-brokered private placement of 10,000,000 Units at a subscription price of $0.05 per unit for total proceeds of $500,0 …

January 8th, 2009