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Mining & Metals

Fancamp Dictates Direction and Key Milestones for 2013 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Fancamp Exploration Ltd., ("Fancamp" or the "Company") (TSX VENTURE: FNC) President and CEO, Mr. Jean Lafleur, M. Sc., P. Geo., in his year-end message expresses his sincere gratitude and thanks to the Fancamp shareholders and stakeholders for their support in 2012.Fancamp-s pipeline of key projectsFancamp is fortunate in having two essential elements for success in the mineral exploration industry -a pipeline of ke

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Graniz Receives NEX Approval of Financing and Acquisition of Mousseau West Graphite Property 0

LEVIS, QUEBEC — (Marketwire) — 12/21/12 — GRANIZ MONDAL INC. (the "Company") (TSX VENTURE: GRA.H) announces that the TSX Venture Exchange has approved the Company-s acquisition of an option to earn a 75% interest in the Mousseau West graphite property located in Quebec, as well as the Company-s completion of the second tranche of a private placement in which it raised a total of $342,600.The Company has not yet been reinstated on the NEX, but continues to work with the TSX Venture

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Canaco Announces Voting Results from Annual Meeting 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") announces voting results from its Annual and Special Meeting of Shareholders held today in Vancouver, BC.A total of 102.1 million common shares representing 51.1% of the Company-s issued and outstanding common shares were voted in connection with the meeting. Shareholders voted in favour of all items of business, including election of each director

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New Pacific Enters Into Agreement to Acquire Majority Interest in RZY Silver-Lead-Zinc Project in Qinghai Province, China 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — New Pacific Metals Corp. (TSX: NUX) ("New Pacific" or the "Company") is pleased to announce it has signed a binding letter of agreement (the "Agreement") with Silvercorp Metals Inc. ("Silvercorp") to acquire majority interest in its wholly owned subsidiary, Fortress Mining Inc. ("FMI"). Pursuant to the terms of the Agreement, the Company will pay US$3.5 million to acquire an 80% interes

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Chieftain Prepares to Publish Feasibility Study in January 2013 0

TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX: CFB) is pleased to announce its preparation to publish its full feasibility study results completed by JDS Energy and Mining Inc. in January 2013. As part of this process, it has revised the payback period of the feasibility study on a pre-tax and post-tax basis to 4.3 years (instead of 3.9 and 4.4 years respectively), the post-tax IRR to 14.7% (instead of 14.9%). Acco

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Eagle Hill Exploration Announces Close of Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — December 21, 2012 (TSX VENTURE: EAG)(OTCQX: EHECF)(FRANKFURT: EH0) Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") is pleased to announce the closing of the previously announced Institutional financing (the "Financing") led by Laurentian Bank Securities Inc. The transaction involved the issuance of Quebec Flow-Through common shares and National Flow-Through common shares on a private pla

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Mustang Announces Financing 0

TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ("Mustang" or the "Company") today announced plans to complete a non-brokered financing for gross proceeds of up to $1,900,000. The proceeds from the financing will be used primarily for exploration and development of the companies Mayville Copper Nickel PGE Deposit and for the Makwa Nickel Project.The financing will consist of a concurrent private placement of non-flow

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True North Gems Grants Stock Options 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — True North Gems Inc. (TSX VENTURE: TGX) announces that it has granted 3,950,000 stock options to its directors, officers and consultants. The options have an exercise price of $0.10 per share and will expire on December 21, 2017.This document contains "forward-looking information" and "forward-looking statements" (together, "forward looking statements") within the meaning of applicable securities legislati

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Midland Exploration Completes $2.8 Million Private Placement 0

MONTREAL, QUEBEC — (Marketwire) — 12/21/12 — Midland Exploration Inc. ("Midland") (TSX VENTURE: MD) is pleased to announce that it has completed its previously announced private placement with Laurentian Bank Securities Inc. (the "Agent") by issuing to accredited investors a total of 769,264 units at a price of $1.30 per unit and 1,105,882 flow-through shares at $1.65 per share, for total gross proceeds to Midland of $2,824,748. The securities issued in the private place

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Puma Exploration Closes Private Placement for $400,000 0

RIMOUSKI, QUEBEC — (Marketwire) — 12/21/12 — Puma Exploration (TSX VENTURE: PUM) is pleased to announce that it has closed a non-brokered private placement financing of flow-through units with an institutional fund. The Company issued 1,333,333 units at an issue price of $0.30 per flow-through unit for gross proceeds of $400,000. The flow-through units are comprised of one flow-through common share and one-half of one common share purchase warrant. Each full warrant will entitle its holder

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