Articles Tagged "Dalradian Resources Inc."

Dalradian Announces Financings to Raise Over $20 Million

Gold – Dalradian Resources Inc. (TSX:DNA) has entered into an agreement with Canaccord Genuity Corp. and a syndicate to be formed for the purchase on a bought deal basis pursuant to a short form prospectus, 11,200,000 units of the company at a price of C$0.90 per unit for gross proceeds of C$10,080,000. Dalradian has also agreed to complete a concurrent non-brokered private placement of 11,200,000 unites at the offering price for an additional C$10,080,000.

Kinross Takes $3-billion Punch on Tasiast Writedown

Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.