SNS Silver Corporation (TSX VENTURE:SNS) reported that the company has agreed to enter into a non-brokered private placement of $1,000,000 through the sale of 4,347,826 flow-through units at a price of $0.23 per unit to subscribers associated with MineralFields Group. The press release is quoted as saying: Each flow-through unit will consist of one common [...]
Read the full article: "SNS Silver enters into non-brokered private..."
Thursday, December 31, 2009
Eloro Resources Ltd. (TSX VENTURE:ELO) reported the completion of its previously announced non-brokered private placement, subject to final TSX Venture Exchange acceptance. The press release is quoted as saying: Eloro is a junior exploration company focused on discovering and developing precious and base metal quality resources in the James Bay region of northern Quebec, and [...]
Read the full article: "Eloro Resources closes non-brokered private..."
Thursday, December 31, 2009
Silver Shield Resources Corp. (TSX VENTURE:SSR) reported that the company has completed a fully-subscribed private placement of units at a price of $0.09 per Unit for gross proceeds of $360,000. The press release is quoted as saying: The Company paid $23,800 in finder’s fees and issued 264,444 finder’s warrants (“Finder’s Warrants), in the aggregate, to [...]
Read the full article: "Silver Shield Resources completes private..."
Thursday, December 31, 2009
Sungro Minerals, Inc. (OTCBB: SUGO) reported the relocation of its corporate offices. The press release is quoted as saying: Sungro Minerals, Inc. is an early stage Mining and Exploration Company that expects to complete the acquisition of certain claims known as the “Conglomerate Mesa,” located in Inyo, California. The closing of the acquisition should be [...]
Read the full article: "Sungro Minerals relocated its corporate..."
Thursday, December 31, 2009
By Melissa Pistilli-Exclusive to Silver Investing News As was to be expected, action in the precious metals markets was rather slow over the holiday week. Gold saw little movement, while silver actually posted a few gains last week as the US dollar weakened. We can expect trading to remain light through New Year’s, however any [...]
Read the full article: "A New Year for Silver"
Wednesday, December 30, 2009
VVC EXPLORATION CORPORATION (TSX VENTURE:VVC)(FRANKFURT:V7S)(BERLIN:V7S) announced that Canadian Antimony Mine Inc. recently closed a transaction whereby all the shares of Beaver Brook Antimony Mines Inc. were sold to a third party. The press release is quoted as saying: VVC Exploration Corporation is a Canadian exploration company with projects in Mexico and Canada. This includes a [...]
Read the full article: "VVC EXPLORATION update"
Wednesday, December 30, 2009
Canasia Industries Corporation (TSX VENTURE:CAJ)(FRANKFURT:45C)(OTCBB:CANSF) reported that the company has engaged Rio Minerals Ltd. to initiate an exploration program consisting of geological sampling and mapping on its wholly owned Buena Vista, Las Joyas, and Santo Nino Properties, in central Mexico. The press release is quoted as saying: The Las Joyas Property is located in the [...]
Read the full article: "Canasia Industries to initiate exploration..."
Wednesday, December 30, 2009
Golden Minerals Company (TSX: AUM) (PINKSHEETS: GDMN)reported that it has entered into an agreement to sell, on a private placement basis, 745,318 shares of common stock of the Company to The Sentient Group. The press release is quoted as saying: The proceeds of this offering will be used primarily for the advancement of the El [...]
Read the full article: "Golden Minerals enters into agreement"
Wednesday, December 30, 2009
Itronics Inc. (PINKSHEETS: ITRO) (FRANKFURT: ITG) (BERLIN: ITG) reported that the company is focusing on even stronger growth in 2010 as it identified its major accomplishments for 2009. The press release is quoted as saying: Headquartered in Reno, Nevada, Itronics Inc. is a “Creative Clean Technology” Company that produces GOLD’n GRO liquid fertilizers and pure [...]
Read the full article: "Itronics growth plans for 2010"
Tuesday, December 29, 2009
CADAN RESOURCES CORPORATION (TSX VENTURE:CXD)(FRANKFURT:A0MZ25) reported that Mr Robert Gordon Butchart has been appointed as a Director to the Company. The press release is quoted as saying: Mr. Butchart, currently a consultant to Cadan, has been instrumental in the Company’s progression from largely an explorer to an emerging gold-silver producer at its T’Boli mine which, [...]
Read the full article: "CADAN RESOURCES new director"
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Thursday, December 31, 2009