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
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/12 — Sierra Madre Developments Inc. (the "Company") (TSX VENTURE: SMG) wishes to announce it intends to undertake a private placement to raise up to $2,250,000, through the distribution of up to 30,000,000 units ("Units") at $0.075 per Unit.Each Unit will consist of one common share and one-half of one common share purchase warrant; and each whole warrant will entitle the holder to acquire one additional common share of
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/12 — Arco Resources Corp. (TSX VENTURE: ARR) ("Arco" or the "Company") contracted with Micon International in the fall of 2011 to prepare a technical report (the "Report") under National Instrument 43-101 on its 3,181 hectare Predilecta property located in the state of Oaxaca, Mexico. The Report has now been completed, and recommends a two-phase property-wide exploration program with a budget of $290,000.The Re
March 6 Event, "Accelerating Drug Development," Focuses on Local Technology-Based Solutions
TORONTO, ONTARIO — (Marketwire) — 02/15/12 — All figures in US dollarsBarrick Gold Corporation (NYSE: ABX)(TSX: ABX) today announced that its Board of Directors has declared a quarterly dividend of US15 cents per share, payable on March 15, 2012 to shareholders of record at the close of business on February 29, 2012.Barrick-s vision is to be the world-s best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.Con