back to homepage

Mining & Metals

Victory Mountain Ventures Closes Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/16/12 — Victory Mountain Ventures Ltd. (TSX VENTURE: VMV) announces that it has closed the second and final tranche of a non-brokered private placement originally announced July 30, 2012. The Company had previously announced on September 5, 2012 that it had closed the first tranche consisting of 3,340,000 units at a price of $0.15 for total proceeds of $501,000.In the second and final tranche, the Company issued 400,000 non-flow through units

Read More

Blue Gold Reports First-Quarter Financial Results 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/16/12 — Blue Gold Mining Inc. ("Blue Gold" or the "Company") (TSX VENTURE: BGX) reports financial results for the three months ended September 30, 2012 and provides an update on the Company-s corporate activities. All amounts are presented in Canadian dollars unless otherwise stated.HIGHLIGHTS TO DATEBusiness Development ActivitiesExploration ActivitiesSELECTED FINANCIAL DATAThe following selected financial data is derived

Read More

Active Growth Capital Announces Private Placement 0

VAL D-OR, QUEBEC — (Marketwire) — 11/16/12 — ACTIVE GROWTH CAPITAL INC. (TSX VENTURE: ACK) (the "Corporation") () is seeking to raise up to $250,000 through the issue of a non-brokered private placement of units (the "Units") at a price of $0.025 per Unit. Each Unit will consist of one common share and one-half of one share purchase warrant ("Warrant"). Each whole Warrant is exercisable at a price of $0.10 at any time within twelve (12) months from date of issu

Read More

Rift Basin Announces Formation of Strategic Alliance With Gulfsands 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/16/12 — Rift Basin Resources Corp. (TSX VENTURE: RIF) (the "Company" or "Rift Basin") announces that it has established a strategic alliance (the "Strategic Alliance") with Gulfsands Petroleum plc ("Gulfsands"). The intention of the Strategic Alliance is to facilitate the pursuit and acquisition of petroleum projects (the "Projects") in Tunisia and elsewhere in the Middle East and North Africa

Read More

Eldorado Announces Withdrawal of Proposed Offering of Senior Notes 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/16/12 — Eldorado Gold Corporation (TSX: ELD)(NYSE: EGO) ("Eldorado" or the "Company") today announced that due to current market conditions it has decided not to proceed with its planned offering of US$500 million senior unsecured notes, which it had previously announced on November 12, 2012."Deteriorating conditions in the debt capital markets led us to conclude that the proposed offering of senior notes would not be

Read More

Southern Arc Annual General Meeting and Shareholder Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/16/12 — Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company") will hold its annual general meeting on November 23, 2012 commencing at 1pm PST, followed by a shareholder update.Southern Arc will webcast the shareholder update portion of the meeting, commencing at 1:15pm PST. John Proust, Southern Arc-s Chairman and Chief Executive Officer, and Mike Andrews, President and Director, will provi

Read More

Iberian Minerals Reports Q3 Net Loss of $33.24 Million 0

TORONTO, ONTARIO — (Marketwire) — 11/16/12 — Iberian Minerals Corp. (TSX VENTURE: IZN) today announced financial and operating results for the three and nine month periods ended September 30, 2012, with comparative figures for the three and nine month periods ended September 30, 2011. The condensed interim consolidated financial statements and related notes, and Management Discussion and Analysis may be found on . Unless stated otherwise, all reported figures are in U.S. dollars. The Compan

Read More

Northcore Resources-Board Member Nomination-Resignation and CEO Resignation 0

MONTREAL, QUEBEC — (Marketwire) — 11/16/12 — Northcore Resources Inc. (-Company- or -NCR-) (TSX VENTURE: NCR) wishes to announce, effective immediately, the resignation of Jean-Francois Perrault, President & CEO and Maurice Giroux, Director and subject to regulatory approval, the nomination of Terry Byberg and Daniel Coch, P. Eng., as Directors of the Company. These individuals bring a long and varied geological and mining experience to the Board as well as both having served on the Boa

Read More

Pedro Arranges $200,000 Non-Brokered Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/16/12 — Pedro Resources Ltd. (TSX VENTURE: PED.H) ("Pedro" or the "Company") has arranged a non-brokered private placement (the "Placement") of up to $200,000 with Canadian investors. Pedro will issue up to 4,000,000 units (the "Units") at a price of $0.05 per Unit each Unit consisting of one common share and one-half of one common share purchase warrant; each whole warrant will entitle the holder thereo

Read More

Graniz Provides Update on Mousseau West 0

QUEBEC CITY, QUEBEC — (Marketwire) — 11/16/12 — Graniz Mondal Inc. ("Graniz" or the "Company") (TSX VENTURE: GRA.H) is providing the following update regarding its proposed acquisition of Mousseau West.As previously announced, Graniz proposes to acquire a 75% interest in a prospective graphite property which it refers to as the "Mousseau West" graphite property ("Mousseau West"). The Mousseau West is currently owned by Berthe Lambert (as to 45%), Rich

Read More