Eagle Rock Exploration Ltd. announces that it has entered into formal binding agreements for the arm’s length acquisition of the outstanding shares of three private oil & natural gas companies for an aggregate cash consideration of $4.5 million. The purchase price is comprised of approximately $4.1 million for petroleum and natural gas interests and $0.4 [...]

Nuinsco Resources Limited announced that it has entered into an agreement with Rainy River Resources Ltd. pursuant to which the Company has sold its rights to a bonus payment and a royalty on certain claims that form the core of the Rainy River project in northwestern Ontario.
Under terms of an agreement signed in 2005, Nuinsco [...]

North Bay Resources Inc. announce that it has acquired the Argo Gold Property in southwestern British Columbia, Canada.
The Argo Gold Property is located 10 kilometres west of the south end of Tatlayako Lake, approximately 168 miles northwest of Vancouver. It covers 1,292 acres, and includes ten reverted crown grants. The mineralized area of economic interest [...]

Cameco Corporation announced it is suspending uranium hexafluoride (UF6) production at the company’s Port Hope plant.
As previously announced, a contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted [...]

Uranium City Resources Inc., announce it has entered into a letter agreement with Red Rock Energy Ltd. whereby Red Rock has agreed to purchase all of UCR’s exploration property claims located in northern Saskatchewan.
Red Rock is a junior exploration corporation with property interests in northern Saskatchewan. The purchase price for the Claims of $975,000 [...]

East West Resource Corporation has entered into an option agreement with International Bethlehem Mining Corp. whereby International Bethlehem has been granted an option to earn an initial 30% interest in East Wests Eva Kitto platinum group element (”PGE”) property located north-northeast of Thunder Bay, Ontario (the “Property”). The Property consists of 15 staked claims [...]

North American Gem Inc. announce that the Company has received an additional 187 Coal Prospecting Permits from Saskatchewan Energy and Resources, near the most recent coal discovery by Goldsource Mines Inc. (TSX-V symbol: GXS - News). This now brings the total to 620 Coal Prospecting Permits covering an area of 1,176,617 acres (476,160 hectares) that [...]

Pan American Gold Corporation announce that it has changed its name to Newcastle Resources Ltd. and has effected a share consolidation of its authorized and issued and outstanding shares on the basis of one (1) share for every thirty (30) shares held. The name change and share consolidation was effective with the Ministry of Government [...]

Pacific North West Capital Corp. and SOQUEM INC. are pleased to announce the completion of drilling at the Cheneville property, located approximately 120 kilometers northwest of Montreal, QC. The property was staked as part of the Taureau reconnaissance program, which is a 50:50 joint venture between PFN and SOQUEM designed to evaluate the Nickel-Copper-Platinum Group [...]

Western Canadian Coal Corp. announces that despite a successful start-up of mining operations at the Willow Creek Mine, the current volatile and rapid global economic uncertainty is impacting the demand for metallurgical coal. As a result, the Company will temporarily suspend mining operations and future capital expenditures at the Willow Creek Mine at the end [...]