Articles Tagged "asia"

Colt Reinforces Balance Sheet with $8M Financing

Tungsten – Colt Resources Inc. (PINK:COLTF), a Canadian junior exploration company that acquires, explores, and develops mineral properties such as tungsten, has announced that it was able to secure commitments to sell to Asian and Portuguese based investors, in addition to a number of the company’s directors 17,777,778 common shares at $0.45 per share, accumulating a total gross proceeds of $8,000,000.

With Nexen Being Reviewed, Canada Needs Oil Links to Asia

Oil – Canada should build oil and gas links to Asia as the government reviews Cnooc Ltd. (883)’s bid for Nexen Inc. (NXY), said Jim Prentice, vice chairman of Canadian Imperial Bank of Commerce and an ex-industry minister. As quoted in market news: Canada is right now aggressively engaged in diversifying its energy markets with an eye to Asia. Saying [...]