TORONTO, ONTARIO — (Marketwire) — 08/19/11 — On June 29, 2011, Niocan Inc. ("Niocan" or the "Company") (TSX: NIO) announced that the Company had entered into a binding term sheet with Nio-Metals Holdings LLC ("Nio-Metals") pursuant to which Nio-Metals has agreed to purchase by way of private placement a minimum of 2,000 units (each, a "Unit") and a maximum of 4,000 Units at an issue price of $1,000 per Unit, representing aggregate gross proceeds to th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/19/11 — American Manganese Inc. (TSX VENTURE: AMY)(PINK SHEETS: AMYZF)(FRANKFURT: 2AM) ("American Manganese" or the "Company") announces that the board of directors has authorized the grant of 4,253,000 incentive stock options pursuant to its Stock Option Plan to Directors, Officers, Employees and Consultants of the Company. These options are exercisable at a price of $0.58 per share for a period of five years and are subje
LONGUEUIL, QUEBEC — (Marketwire) — 08/19/11 — Bear Lake Gold Ltd. (the "Company" or "Bear Lake") (TSX VENTURE: BLG) received today a letter from the Ontario Ministry of Northern Development, Mines and Forestry ("MNDMF") addressed to five companies, including Bear Lake, indicating that the MNDMF intends to issue an order to file a certified closure plan with respect to the Upper and Lower Kerr mine tailings areas by February 19, 2012. As previously indicated in
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/19/11 — Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company") announces that further to its press release dated February 9, 2011, it has adopted a substituted shareholder rights plan, the approval of which is being sought at the Company-s annual and special meeting to be held in the Pacific Room at the Metropolitan Hotel Vancouver, 645 Howe Street, in Vancouver, British Columbia on Wednesday, August 31, 2011 at 10:
TORONTO, ONTARIO — (Marketwire) — 08/19/11 — Debut Diamonds Inc. ("Debut") is pleased to announce that it successfully completed a $2,000,000 private placement (the "Private Placement"). An aggregate of 5,714,285 units ("Units") were sold to funds of the MineralFields Group at $0.35 per Unit for gross proceeds of $2,000,000. Each Unit is comprised of one flow-through common share and one-half of a flow-through common share purchase warrant. Each whole warrant (
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/19/11 — Foundation Resources Inc. (TSX VENTURE: FDN) ("Foundation") is pleased to provide an exploration update on its two Ontario projects, the Mitchell and the Coldstream. On the Coldstream Property, Foundation with joint venture partner Alto Ventures (TSX VENTURE: ATV), has recently completed an induced polarization (IP) survey on Span Lake claims (News Release dated August 19, 2011), and is now in the midst of completing a 6,000-
TORONTO, ONTARIO — (Marketwire) — 08/19/11 — Darnley Bay Resources (TSX VENTURE: DBL) today announced that the majority of the Insider options issued in 2009 which were available for exercise up until August 5, 2011 at $0.10 per share have been exercised. With almost 70% of the possible number of options exercised, the Company has received an additional $160,000 in working capital. Jay Richardson, CEO, commented, "This represents a strong expression of confidence in the Company and its
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/19/11 — Cypress Development Corp. (TSX VENTURE: CYP) (FRANKFURT: C1Z) announces that it recently entered into second amending agreement with Mr. Robert Marvin wherein the Company was granted an extension to a work commitment on the Twenty-One Silver-Gold Claims located in Mineral County, west central Nevada from July 14, 2011 to December 31, 2011.Twenty One Silver-Gold project location map:The Company entered into an Option Agreement dated Jan
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/19/11 — ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE: AIX) (FRANKFURT: 37N) is pleased to announce the completion of two deep holes into the Breccia Pipe deposit at the Golden Zone property in the Valdez Creek Mining District in south-central Alaska. The two holes were designed to test the mineralized breccia pipe at depth and to provide mineralized material for future continued metallurgical testing. Both of
MONTREAL, QUEBEC — (Marketwire) — 08/19/11 — Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE: MAT) annual shareholders meeting was held on June 30th, 2011, in Montreal. The results are as follows:Re-issuing stock options to a directorIn the past, Mr. Andre Gauthier, director and officer, has had many opportunities to exercise and sell his stock options that have now expired as of January 31, 2011. Based on this fact, the Board has agreed to grant 181,
