Zimtu Capital reports that the private placement originally announced on November 25, 2009 has been oversubscribed.
The private placement now consists of a total of 1,067,500 units at a price of $1.20 per unit for gross proceeds to the Company of $1,281,000.
Each unit will consist of one common share and one share purchase warrant. Each share purchase [...]
Gold Investing News reports gold firms are now expanding their holdings in China as well as prospects in Australia.
With firms going for the kill, Vancouver’s Eldorado Gold Corporation (TSX:ELD) has taken the first step in acquiring a 19.9 per cent interest in Sydney, Australia-based gold mining firm in an all-share private placement worth approximately $279 million.
For complete story, [...]
Tungsten Investing News reports the growth in tungsten markets have been relatively good as its need for civil and war industries as well as defense have been rising around the world.
Asia Pacific represents the largest and fastest growing portion on the market. End users largely depend on China, which represents over 85 per cent of the worldwide tungsten supply. [...]
BCGold Corp. reports its completion of $1.5 million private placement financing.
BCGold is pleased that Kinross Gold Corporation (”Kinross”) subscribed for 1,025,000 of the NFT Units. Kinross previously held 3,000,000 common shares of BCGold, representing approximately 12.7% of the issued and outstanding common shares of BCGold prior to the financing. As a result of the financing, Kinross holds [...]
Oro Silver Resources Ltd. reports that it intends to complete a non-brokered private placement of up to 1,000,000 units at a price of $0.40 per share for proceeds of up to $400,000.
The net proceeds of the private placement will be used to define silver resources and consolidate land positions at Oro Silver’s Vetagrande and El Compas [...]
Friday, December 18, 2009
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