Through its mining division Severstal Resources, OAO Severstal announced that it intends to acquire the business of PBS Coals Corporation by way of an acquisition of Penfold Capital Acquisition Corporation following a business combination of PBS and Penfold for an all cash purchase price of C$8.30 per share, implying an enterprise value of US$1.3 [...]

PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (”Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (”GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds [...]

Western Uranium Corporation (the “Company” or “Western Uranium”) is pleased to announce that it has today completed a brokered private placement of 2,231,000 flow-through common shares for gross proceeds of $2,788,750. The price was $1.25 per flow-through common share. The flow-through common shares will be subject to a four month hold period.
The financing syndicate [...]