Saxon Oil Announces Completion of Acquisition of Picogina Holdings B.V.
Saxon Oil Company Ltd report that it has closed the acquisition of Picogina Holdings BV from Energy Ltd. pursuant to the Acquisition Agreement among Energy, Saxon and Saxon Oil Company dated October 21, 2008. The assets of Picogina consist of 100% of the participations of Hidrocarburos del Cantabrico...
Focus Ventures Arranges $500,000 Financing and $75,000 Debt Settlement
Focus Ventures Ltd. announce that it has arranged, subject to acceptance by the NEX Board of the TSX Venture Exchange, a non-brokered private placement of up to $500,000 by way of the issuance of up to 3,333,333 units at a price of $0.15 per unit, and the settlement of certain of its debt by the issuance...
B2Gold Corp. Shares to Commence Trading on the Toronto Stock Exchange
B2Gold Corp. announce that effective the opening of trading on Thursday, October 23, 2008, the shares of B2Gold will commence trading on the Toronto Stock Exchange under the symbol “BTO”. The TSX listing will enable B2Gold to achieve a greater exposure among institutional and retail investors...
Geoinformatics Closes Private Placement with Geologic Resource Partners
Geoinformatics Exploration Inc. announce that it has completed the private placement with Geologic Resource Partners LLC (“GRP”) raising gross proceeds of Cdn$29,328,000 by issuing 586,560,000 common shares at a price of $0.05 per common share. The proceeds from this financing are being used...
Nevada Sunrise Completes IPO and Finalizes Summer Drill Program
NEVADA SUNRISE GOLD CORPORATION has completed its Initial Public Offering (IPO) and commenced trading on Tier 1 of the TSX Venture Exchange on September 22, 2008, under the symbol (CDNX:NEV.V). The Company issued 10 million shares of stock at a price of $0.25 per share for gross proceeds of $2.5 million....
Golden Harp Resources appoints Mr. Alec Peck as Chief Financial Officer
Golden Harp Resources Inc. (TSXV:GHR) today announced the appointment of Mr. Alec Peck to the position of Chief Financial Officer (CFO) effective immediately. Mr. Peck completed his Chartered Accountant requirements with Deloitte & Touche Chartered Accountants in Vancouver. He then practiced in...
Southwestern Signs Letter of Intent and Private Placement With Hochschild Mining
Southwestern Resources Corp. announce that it has entered into a Letter of Intent with Hochschild Mining Holdings Limited, a subsidiary of Hochschild Mining plc, to jointly explore for new base and precious metal deposits in southern Peru and which also provides for a strategic investment by Hochschild...
TransAtlantic Petroleum Corp. Announces Change in Strategy and Capital Infusion
TransAtlantic Petroleum Corp. announced that it is changing its operating strategy from a prospect generator to a vertically integrated project developer. To execute this new strategy, the Company has agreed in principle to acquire Longe Energy Limited (“Longe”), an entity associated with...
Sacre-Coeur Minerals, Ltd. Closes $3.625 Million Private Placement
SACRE-COEUR MINERALS, LTD. is pleased to announce the closing of its previously announced non-brokered private placement which has now raised gross proceeds of CAD $3,625,000. Under the terms of the private placement, the Company has issued 2,500,000 Units (the “Units”) at CAD $1.45 per Unit...
Rio Tinto Announces the Filing of a Registration Statement by Cloud Peak Energy Inc. for a Proposed Initial Public Offering
Rio Tinto announced today that its wholly owned subsidiary, Cloud Peak Energy Inc., has filed a registration statement on Form S-1 with the United States Securities and Exchange Commission (SEC) in connection with Cloud Peak Energy’s proposed initial public offering (IPO) of its common stock. Cloud...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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