Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,... 

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Sage Closes Private Placement With MineralFields

Sage Gold announce that it has closed a further non-brokered private placement of Cdn $250,000 through the sale of 2,000,000 flow-through units at $0.125 per unit to MineralFields Group. This placement is in addition to the previously announced placement of $1,950,000 with several institutional investors and the $1,250,000 placement with MineralFields Group under the same terms and conditions, for... 

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Abitex announces first closings of private placement raising $6,346,500

Abitex Resources Inc. announces that it has completed the first closings of the private placement for a total of $6,346,500. The Company is also pleased to update its previously announced proposed acquisition of Central Uranium Corporation (“Central”). The Company has proposed to acquire all the issued and outstanding common shares of Central in exchange for common shares of the Company,... 

Cubic Energy, Inc got AMEX Listing Approval

Cubic Energy, Inc has recently told the press that the company’s common shares have been approved for listing on the American Stock Exchange (“AMEX”) and are expected to commence trading at the opening of the market on Monday, August 4, 2008. Cubic will trade on AMEX under the symbol “QBC”. This approval is contingent upon Cubic being in compliance with all applicable... 

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Fording Canadian Coal Trust Announces Agreement to Sell All of Its Assets to Teck Cominco- Unitholders to Receive $14.1 Billion

Fording Canadian Coal Trust announced that it has entered into an agreement to sell all of its assets to Teck Cominco Limited by way of a plan of arrangement, pursuant to which Fording unitholders will receive $93.76 per unit payable in a combination of US$82.00 cash and 0.245 of a Teck Cominco Class B subordinate voting share per Fording unit. “We are pleased to be able to present Fording... 

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Rolling Rock Resources Corporation: Private Placement Closes

Rolling Rock Resources Corporation has closed a non-brokered private placement (the “Private Placement”) with aggregate gross proceeds of $720,000 from the sale of 4,500,000 units at a price of $0.16 per unit (the “Unit”). Each Unit comprised one flow-through common share and one-half of one non-transferable common share purchase warrant (a “Warrant”). Each whole... 

EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 10-14, 2008

EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum offers institutional investors,... 

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Mengold Closes $500,000 Private Placement With MineralFields

Mengold Resources Inc. has closed a private placement through the sale of 2,000,000 units at a price of $0.25 per Unit, for gross proceeds of $500,000. Each Unit consists of one flow-through common share and one transferable share warrant (each share purchase warrant a “Warrant” and collectively, the “Warrants”). Each Warrant entitles its holder thereof to acquire one additional... 

Canadian Pacific looks to coal future in $1.48B purchase of DM&E

Canadian Pacific Railway Ltd. (TSX:CP) is expanding in the U.S. Midwest by paying at least US$1.48 billion for the Dakota, Minnesota & Eastern Railroad Corp., a move that will help CP Rail extend its coal and agriculture business. “It complements what we do and creates a new footprint for growth,” chief executive officer Fred Green told a conference call Wednesday. DM&E’s... 

CWRN: VentureNet Acquires 1.9M Shares of Cotton & Western Mining Stock

VentureNet Capital Group, Inc. (VNTN) announced the purchase in the open market of 1,892,000 shares of Cotton & Western Mining, Inc. (CWRN) stock. Cotton & Western is structured to produce and sell iron ore on a global scale. Currently, the company is engaged in mining activities to provide the Asia Pacific steel manufacturing sector with high grade raw crude iron ore products.  Read More →

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