VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — East Asia Minerals Corporation (TSX VENTURE: EAS) – The Company wishes to announce that it has entered into private placements for the sale of 20,000,000 units at $0.50 per unit for a total of $10,000,000, where each unit consists of one common share of the Company and one non-transferable share purchase warrant having a two year term for the purchase of one further common share of the Company at the exercise price of $0.78 per common
TORONTO, ONTARIO — (Marketwire) — 10/07/11 — Legend Gold Corp. (the "Company" or "Legend Gold") (TSX VENTURE: LGN) has completed the initial closing of the acquisition of the exploration permit in the Republic of Mali, West Africa. In accordance with the property purchase agreement dated , the Company will pay $500,000 cash and issue 4,000,000 common shares in exchange for a 100% interest in the Mougnina property, subject to a 2% net smelter return royalty to be retained
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB: DLKM) is pleased to announce the appointment of Dr. Reyno Scheepers to the new position of Chief Operating Officer ("COO"), effective immediately. The appointment of Dr. Scheepers is another major milestone for the company, maintaining exploration momentum on its high potential targets within its 100% owned 800 sq km property at Handeni.D
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Galore Resources Inc. (TSX VENTURE: GRI) (the "Company") proposes to extend by one (1) year the expiry date of the following share purchase warrants:If accepted by the TSX Venture Exchange (the "Exchange"), the Company will extend the expiry date of the 1,164,136 share purchase warrants to October 27, 2012.The application to amend the warrants is subject to the Exchange-s acceptance, and the Company makes no assuran
TORONTO, ONTARIO — (Marketwire) — 10/07/11 — Crystallex International Corporation (TSX: KRY)(OTCQB: CRYXF) ("Crystallex" or the "Company") updated shareholders on several activities including the status of its ICSID case, the decision by the Ontario Court regarding the June 2011 Noteholder Action, the ongoing Debt Refinancing Initiative and a TSX Review and Letter to the Company.ICSID CaseOn October 5, 2011, Crystallex was advised by the International Centre for Settleme
TORONTO, ONTARIO — (Marketwire) — 10/07/11 — Minemakers Limited (TSX: MAK)(ASX: MAK)(NSX: MMS), Union Resources Limited (ASX: UCL) and Tungeni Investments c.c. ("Tungeni"), the joint venture participants in the company Namibian Marine Phosphate (Pty) Limited ("NMP"), are pleased to advise the completion of the bulk sample programme as a major component of the Definitive Feasibility Study ("DFS") for the Sandpiper Phosphate Project in Namibia.The MV Smit Madura
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Logan Resources Ltd. (TSX VENTURE: LGR) ("Logan") is pleased to announce that it has entered into an option agreement (the "Option Agreement") with Inform Resources Corp. (TSX VENTURE: IRR) ("Inform"), whereby Logan has granted Inform the option to acquire up to an 80% title and interest in the Heidi Property located 95 km northeast of Dawson City, Yukon (the "Property"). The proposed transaction
OTTAWA, ONTARIO — (Marketwire) — 10/07/11 — Galahad Metals Inc. ("the Company")(TSX VENTURE: GAX) announced today that its board of directors has authorized a distribution to its shareholders of the common shares of its subsidiary, Red Ore Gold Inc. ("RXX"), by way of a tax-free return of capital, subject to compliance with applicable laws and receipt of all necessary regulatory and shareholder approvals. While the details of the return of capital are being finalized, in
MONTREAL, QUEBEC — (Marketwire) — 10/07/11 — MGold Resources Inc. ("MGold" or the "Corporation") (TSX VENTURE: MNI) announces that it has issued a total of 1,080,000 common shares of the Corporation (the "Common Shares") at a deemed issue price of $0.10 per Common Share to certain creditors of the Corporation in settlement for certain debts owed by the Corporation (the "Shares for Debt Settlement"). The Shares for Debt Settlement was approved for fili
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — GONZAGA RESOURCES LTD. (the "Company") (TSX VENTURE: GN) announces the commencement of a Phase I work program on its 100% owned Kennedy River Property located near Port Alberni, Vancouver Island, British Columbia.The Kennedy River Property covers roughly half of the historic Kennedy River Gold District and has potential to host significant zones of sheeted vein type gold mineralization. Previous exploration work carried out b
