Oil – Africa Oil Corp. (CVE:AOI) to acquire all of the issued and outstanding common shares of Centric Energy Corp. (CVE:CTE). The press release is quoted as saying: Pursuant to the agreement, Africa Oil will acquire, by way of a plan of arrangement, all of the issued and outstanding shares of Centric in consideration for 0.3077 Africa [...]
Silver – Endeavour Silver Corp. (TSX:EDR,AMEX:EXK) agrees to support and recommend an amended offer by Endeavour to acquire all of the issued and outstanding Shares.
Pinetree Capital Ltd. (TSX:PNP) reports that it acquires securities of Auryx Gold Corp. As a result of this transaction, Pinetree and its joint actors collectively held, as at June 25, 2010, an aggregate of 16,336,938 common shares of Auryx, including the Common Shares.Of these totals, Pinetree owns only the Common Shares directly. The holdings of Pinetree and [...]
Gold Investing News reports the yellow metal, gold maybe the next global asset. There are several recent indicators – Yuokon Gold has acquired a majority stake in Bellhaven’s Gold project, Goldplat has taken over control of Kilimapesa Gold project and even a South African firm is eyeing mining investment. Yukon Gold has agreed to purchase a [...]
Hathor Exploration Limited reports its C$2.00 warrants expired yesterday. Of the 5,336,478 warrants that were issued, 3,494,481 were exercised for cash proceeds of nearly C$7 million. As at October 15, 2008, Hathor had working capital of $30 million and shares issued totalling 82,674,926. Following this early expiry of warrants, Hathor now has only 300,000 warrants outstanding, [...]
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