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...
GWR Resources Inc. announce a non-brokered private placement in the amount of up to $700,000 with the MineralFields Group pursuant to which GWR proposes to issue an aggregate of up to 5,833,334 units. The Private Placement is subject to the approval by TSX Venture Exchange. Each unit will be priced at $0.12 and will consist of one “flow-through” common share and one transferable common...
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...
Golden Chalice Resources Inc. is pleased to announce, subject to TSX Venture approval, the amendment and closing of a private placement announced October 14, 2009. The total number of units has been increased from 10,000,000 to 16,252,667 for total proceeds of $2,052,020.00. The units are priced at $0.12 per non flow through unit and $0.14 per flow through unit. Each unit consists of one flow through...
Virginia Mines Inc. announces that it has negotiated a private placement that consists of 279,124 flow-through common shares at a price of $8.67 per share, which represents 69% premium to the last 10 days volume weighted average price for gross proceeds of CA$2,420,000. Casimir Capital L.P. (“Casimir”) acts as the agent for the financing. At the closing, Virginia agrees to pay Casimir a...
Swift Resources Inc. announce that it has negotiated a private placement with MineralFields Group to raise gross proceeds of up to $500,000. Under the terms of the Financing, the Company will issue 1,785,714 flow-through units (the “FT Units”) at a price of $0.28 per FT Unit. Each FT Unit will consist of one flow-through common share (the “FT Shares”) and one-half of a transferable...
Sparton Resources Inc. announce that it has closed the second and final tranche of the non-brokered private placement originally announced on September 24, 2009. On October 16, 2009 the Company issued 1,766,667 flow-through units (the “Flow-Through Units”) at a price of $0.12 per unit for aggregate gross proceeds of $212,000. The Flow-Through Units are comprised of one common share of the...
Blue Note Mining Inc. announce that it has closed the first tranche of the non-brokered private placement announced on September 10, 2009 through the sale of 3,500,000 Flow-Through Units (“FT Units”) at $0.20 per unit to the MineralFields Group for total gross proceeds of $700,000. Each FT Unit consists of one flow-through common share along with a full common share purchase warrant, each...
Excel Gold Mining Inc. announce the closing of a non-brokered private placement of $800,000.00 through the sale of 10,000,000 flow-through units (“FT Units”) at $0.08 each to the MineralFields Group, each FT Unit being comprised of one (1) common share, to be issued as a “flow-through share”, and one (1) non-flow-through common share purchase warrant, exercisable at a price...
Advanced Explorations Inc. announce the close of its financings as press released August 13 & 17, 2009 for gross proceeds of $2,611,990. The first tranche of the financing for gross proceeds of $1,400,000 was closed on August 13th (see press release), and the second tranche (the “Second Tranche”) of 6,902,222 flow-through units (the “FT Units”) and non-flow-through units...