TORONTO, ONTARIO — (Marketwired) — 10/18/13 — KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has been granted a further extension of the conditional listing approval to complete the previously announced private placement of units of flow-through shares and share purchase warrants. The TSX Venture exchange has given the company until November 18, 2013 to complete the balance of the placement of units. A total of $788,000 has been subscribed to date. Each unit comprises one flow-thro
U.S. Businesses May Have Added an Additional Month of Prep for the 2013 Holiday Season
OTTAWA, ONTARIO — (Marketwired) — 10/18/13 — Red Ore Gold Inc. (Red Ore Gold, or the "Company") announces that it has agreed to settle an aggregate of $69,628.71 of indebtedness owed to certain non-arm-s length creditors through the issuance of 696,287 common shares at a deemed issuance price of Cdn.$0.10 per common share. All common shares issued in connection with the shares for debt transaction are subject to a four month statutory hold period.Pursuant to Multilateral Instrumen
MONTREAL, QUEBEC — (Marketwired) — 10/18/13 — Majescor Resources Inc. ("Majescor" or "the Company") (TSX VENTURE: MJX) held its Shareholders- annual and special meeting on October 17th, 2013 in Ottawa at 11:00 a.m. The Company is pleased to announce that:It is the Board of Directors- opinion that the Corporation-s existing issued and outstanding Common Share structure is not conducive to securing additional equity financing and that a restructuring is warranted in order
HALIFAX, NOVA SCOTIA — (Marketwired) — 10/18/13 — Erdene Resource Development Corp. (TSX: ERD) ("Erdene" or "Company"), is pleased to announce it intends to issue, by way of a non-brokered private placement, up to 7,140,000 units at a price of $0.07 per unit for gross proceeds of up to $500,000 ("Private Placement"). Each unit will consist of one common share of the Company and one-half of one common share purchase warrant, with each whole common share purchase
MONTREAL, QUEBEC — (Marketwired) — 10/18/13 — Management of KHALKOS EXPLORATION INC. ("Khalkos" or the "Corporation") (TSX VENTURE: KAS) completed the closing of the private placement announced in September. A total amount of $275,400 was subscribed in this closing. It was composed of 1,840,000 units at $0.05, each comprised of one Common Share and one warrant for an amount of $92,000. In addition, 3,668,000 flow-through units that were subscribed at $0.05 each, for a to
QUEBEC CITY, QUEBEC — (Marketwired) — 10/18/13 — MONARQUES RESOURCES INC. ("Monarques" or the "Company") (TSX VENTURE: MQR)(FRANKFURT: MR7) is pleased to announce that it has signed an agreement to acquire sole control of X-Ore Resources Inc. ("X-Ore"), a wholly-owned subsidiary of Blue Note Mining Inc. ("Blue Note"). X-Ore owns: i) 50% of the Croinor property for which a positive preliminary economic assessment has been filed on and for which X-Ore i
Two new transmitters from WIKA provide the foundation for continuous, digital monitoring of the quenching and insulating gas sulphur hexafluoride (SF6). The models GDT-20 and GDHT-20, with their MODBUS® signal, give a clear indication of the SF6 condition of gas-insulated equipment and thus enable maintenance to be planned solely on demand.
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/18/13 — Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM)(NYSE: SVM) announced changes to its senior management and board of directors. To focus on his role as Chairman of the Board of Directors, providing the Company with leadership and strategic guidance, Dr. Rui Feng is relinquishing the Chief Executive Officer role. The Board of Directors has appointed Myles Gao, Silvercorp-s President, as the new Chief
ST. JOHN-S, NEWFOUNDLAND — (Marketwired) — 10/18/13 — Aurion Resources Ltd. ("Aurion") (TSX VENTURE: AU) reports that it has agreed to amend the Lavington property option agreement with Asher Resources Corp. (TSX VENTURE: ACN) and Cazador Resources Ltd. Aurion acquired a 100% interest in the Lavington copper-gold property from Cazador (see Press Release dated Oct 14, 2009) and subsequently optioned it to Asher in late 2011 (see press release dated Oct 24, 2011). Under the terms of
