TORONTO, ONTARIO — (Marketwire) — 02/15/12 — Minemakers Limited (Minemakers) (ASX: MAK)(TSX: MAK)(NSX: MMS)SummaryMinemakers Limited announces the complete repayment of its loan to BCD Resources NL (BCD) (ASX: BCD) together with accrued interest.The final payment of $2.66 million was received by Minemakers this week, completing the redemption of the Convertible Notes issued in February 2011, to secure a loan advanced to BCD by Minemakers in November 2010.The recoupment of the loan plus inte
EDMONTON, ALBERTA — (Marketwire) — 02/15/12 — Firestone Ventures Inc. (TSX VENTURE: FV)(FRANKFURT: F5V) is pleased to announced the closing of its non-brokered private placement (announced on November 29, 2011). The second tranche consisted of 2,760,000 units ("Units") at a price of $0.05 per Unit for gross proceeds of CD$147,000. The first tranche for 10,340,000 Units for gross proceeds of CD$517,000 closed on December 21, 2011. Each Unit consisted of one common share and one com
TORONTO, CANADA — (Marketwire) — 02/15/12 — REBgold Corporation (TSX VENTURE: RBG) (the "Company") announces that further to its news release dated November 8, 2011 it has closed its non-brokered private placement and has issued a total of 20,000,000 units at a price of $0.05 per unit to raise gross proceeds of $1,000,000. Each unit consists of one common share and one non-transferable share purchase warrant which entitles the holder to purchase one additional common share of the
MONTREAL, QUEBEC — (Marketwire) — 02/15/12 — TOMAGOLD CORPORATION (TSX VENTURE: LOT) ("TomaGold" or the "Company") – is pleased to announce that it has completed a non-brokered private placement totaling an aggregate gross proceeds of $383,000 in Non Flow-Through Units, Flow-Through Shares sold, the whole subject to the final approval of the TSX Venture Exchange and regulatory authorities.The securities sold are represented by 423,000 Non Flow-Through Units and 1,243,332
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/12 — CADAN RESOURCES CORPORATION (TSX VENTURE: CXD)(FRANKFURT: AOMZ25) ("Cadan") advises that Mining Group Limited ("MGL" or "Mining Group") has announced assay results from drilling work & adit sampling on the Tagpura and Maangob copper-gold properties located in the Comval project area. The announcement by MGL regarding the Maangob drilling work was released on January 20, 2012 and assay results for the T
NEW YORK, NEW YORK — (Marketwire) — 02/15/12 — Electrum Strategic Resources LLC ("Electrum") announces that it has acquired 1,315,789 common shares (the "Common Shares") of NovaGold Resources Inc. ("NovaGold"). The Common Shares acquired were part of a "bought deal" financing completed by NovaGold on February 7, 2012 (the "Offering").After such acquisition Electrum owns 53,232,201 Common Shares representing approximately 19.15% of the issued
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/12 — Abacus Mining and Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") is pleased to announce a non-brokered private placement of up to $2.5 million in units of the Company ("Units").Each Unit will be issued at a price of $0.22 per Unit and will consist of one common share and one-half of a common share purchase warrant. Each full warrant will be exercisable to purchase one common share
TORONTO, ONTARIO — (Marketwire) — 02/15/12 — Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE: CWM) announces the completion of a previously announced non-brokered private placement for aggregate gross proceeds of $100,000 comprised of 2,000,000 units at a price of $0.05 per unit (each such unit being comprised of one common share and one warrant) (the "Offering"). Each whole warrant will entitle the holder to purchase one common share for $0.10 a
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/12 — New Pacific Metals Corp. (TSX VENTURE: NUX) (the "Company") is pleased to announce that it has received final approval from the Toronto Stock Exchange (the "TSX") to graduate from the TSX Venture Exchange and list its common shares on the TSX. The Company-s common shares will commence trading on the TSX at the start of February 16, 2012 under the symbol "NUX".About New Pacific Metals Corp.New Pacific Metal
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/12 — Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) is pleased to report the assays from the final thirty-five infill diamond drill holes at the hanging wall copper zone within its Bisha mining license in Eritrea. The hanging wall copper zone is immediately west of the Bisha Main deposit and partially within the current open pit design but it is not included in the current resource or reserve estimates for Bisha. A new resource and reserv