Augusta Closing of $5 Million Private Placement

Augusta Resource Corporation announces the closing of a non-brokered private placement of 3.35 million units at a price of $1.50 per unit for gross proceeds of $5,025,000. The transaction is fully subscribed by Kestrel Holdings Ltd., a private company 100% held by Vancouver mining entrepreneur Ross Beaty. Each unit comprises one common share and one non-transferable share purchase warrant entitling... 

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Golden River Resources Takes Placement in Canadian Company Acadian Mining Corp

Golden River Resources Corporation announced that it has reached agreement with Acadian Mining Corporation to subscribe in a private placement transaction for up to 338,111,334 common shares in Acadian for aggregate gross investment of up to C$10 million. The Offering is contemplated to close in two or more tranches. Following closing of all tranches, Golden River will hold 68.45% of Acadian. The... 

AME BC: BC’s Mineral Exploration Sector Supports Government Revenue Sharing with First Nations

Leaders of British Columbia’s mineral exploration sector applaud the announcement by the Minister of State for Mining, Honourable Gordon Hogg, of provincial government resource revenue sharing with First Nations. Resource tax revenues collected from new mining projects in British Columbia (BC) will be shared with First Nations and play an important role in building on the New Relationship. British... 

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Aultra Gold Announces Merger Actions

Aultra Gold Inc. announced that it has entered into a Memorandum of Understanding to merge with Dutch Gold Resources, Inc., a gold producer with a mine in Oregon. Said Rauno Perttu, President of Aultra Gold, “We are excited with this merger, which will join us with the Dutch mining team and their Oregon mine and mill. We are particularly excited that the merger will provide the new Company with... 

America’s 5,000 Fastest-Growing Private Companies Revealed

Inc. Magazine ranked WDC Exploration & Wells 3,219 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy — America’s independent-minded entrepreneurs. “Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000... 

Independent Nickel Shareholder Supports Victory Nickel Offer

Victory Nickel Inc. announces that it has received unsolicited written support from Ryan Kalt, an Independent Nickel shareholder and respected Canadian entrepreneur, for its offer to purchase 100% of the outstanding shares of Independent Nickel, described in its press release dated August 19, 2008 and contained in the formal offer and takeover bid circular filed on SEDAR (www.sedar.com). A complete... 

Simbol Mining Secures Series A Investment From MDV and Firelake

Simbol Mining, a company focused on the production of lithium and other commodity metals using clean, zero waste production processes from brines and effluent streams, today announced completion of its Series A round of investment. The $6.7 million financing was led by MDV-Mohr Davidow Ventures and Firelake Capital. The funds will be used to complete development of processes for lithium extraction. Lithium... 

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Adanac Molybdenum Corporation: Senior Management Core Team Appointment

Adanac Molybdenum Corp. is pleased to announce, effective August 01, 2008 that the Board of Directors has approved the appointments of: Peter R. Jones – Chairman, President and Chief Executive Officer Christopher C. Kirby – Vice President and Chief Financial Officer Kenneth W. Calligar – Vice President Finance Mr. Jones P. Eng., has 38 years of extensive experience in the mining industry... 

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TITANIUM 2008 Provides Global Insights From a World Perspective

TITANIUM 2008 is the 24th annual conference and exhibition hosted and organized by Colorado based International Titanium Association (ITA). The conference will be held at Caesars Palace in Las Vegas, Nevada, US, September 21-24th. The mission for TITANIUM 2008 will be to provide global insights on the state of the titanium industry from a world perspective. “At the end of the day, we believe... 

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Mayfair Mining and Minerals, Inc., Forms a Joint Venture Mining Company and Expands Activities Into Malawi

Mayfair Mining & Minerals, Inc. is pleased to announce that it is expanding its interests and activities within the Southern African Development Community by the formation of a joint venture mining company in the country of Malawi, for the purpose of pursuing additional gemstone and metal mining licences. The Republic of Malawi is a landlocked country encompassing 45,745 square miles bordered...