Alix Acquires Claims in B.C. With 2.04% Rare Earth Oxides Across 15 Meters

ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists... 

Tag: alix resources corp

Terra Announces Acquisition of Alberta Oil Assets

Terra Ventures Inc. announces that its newly incorporated and wholly-owned Calgary based subsidiary, Terrex Energy Inc. (“Terrex”), has entered into a purchase and sale agreement to acquire a 100% interest in a basal quartz oil pool in central Alberta from a private oil and gas company, for a purchase price of $650,000. The pool is currently producing approximately 80 barrels of oil equivalent... 

Barkerville Raises $13,054,000 With Equity Issue

Barkerville Gold Mines Ltd. (formerly International Wayside Gold Mines Ltd.) reports that the previously announced equity financing (News Release 09-35 November 20, 2009) including the overallotment option has been fully subscribed to and the issue has been increased. The proceeds from the private placement will be used for the start up of the QR Mine and Mill, exploration and development on the Company’s... 

Tag: barkerville closes acquisition, barkerville raises 13 054 000 25 jan, barkerville raises 13 054 000

Hansa Finalizes Agreement for Sale of Swedish Properties

Hansa Resources Ltd. announce that Hansa has finalized a Letter of Intent (“LOI”) with Botnia Exploration Holding AB (“Botnia”), which contains the principal terms for the sale of Hansa’s wholly owned subsidiary Hans A Resources AB (“Hans A”). Botnia is a company incorporated under the laws of Sweden that is publicly traded on the Aktietorget exchange under... 

Tag: hansa mining, hansa sale, hansa investment and swed, hansa mining services, hansa and botnia

Fortuna to Trade on the Toronto Stock Exchange, January 18, 2010

Fortuna Silver Mines Inc. announce that the Company’s common shares will be listed and begin trading on the Toronto Stock Exchange (TSX) at the opening of trading on Monday, January 18, 2010 under its current symbol “FVI”. Fortuna’s common shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX. Mr. Jorge Ganoza, President and CEO, said:... 

Tag: vanadium mining stocks traded on tsx, molybdenum stocks listed on the tse, cve fvi, frankfurt trade january 18 2010

Orebodies Closes Final Tranche of Non-Brokered Private Placement

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 Arranges up to $700,000 Flow-Through Financing With MineralFields Group

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... 

Tag: gwr mining, financing

Coro Announces Participation in Valley High Non-Brokered Private Placement

Coro Mining Corp. announces that it has sold, through the facilities of the TSX Venture Exchange, 3,050,000 common shares of Valley High Ventures Ltd. (“Valley High”) which were previously acquired by Coro in October 2008. Coro filed a Form 45-102F2 Notice of Intention to Distribute Securities on December 10, 2009 announcing Coro’s intention to sell up to 3,256,141 common shares of... 

North Atlantic to Commence Trading on TSX Venture Exchange

North Atlantic Resources Ltd. announces that, further to its news release of December 1, 2009 the common shares of the Company will commence trading on the TSX Venture Exchange effective at the opening of trading on Friday, December 18, 2009. The Company is classified as a Tier 2 Mineral Exploration/Development Company on the TSX Venture Exchange. The common shares of the Company will cease trading... 

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Killdeer Minerals Announces Closing of Financing With MineralFields Group

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... 

Tag: mineral fields announces 2010