Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCBB:RPMGF) reported that the company has closed a first tranche of a non-brokered private placement previously announced on December 16, 2009. The press release is quoted as saying: Rye Patch Gold Corp. is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver [...]
Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) reported that the company has been advised by Kingsdale Shareholder Services Inc. that an additional 5,403,461 common shares of Aquiline Resources Inc. (TSX:AQI) have been deposited to Pan American’s extended offer to acquire all of the issued and outstanding Aquiline Shares. The press release is quoted as saying: Pan American’s [...]
Dundee Corporation (TSX:DC.A) reported today that the company has acquired an aggregate of 368,100 common shares of Sabina Gold & Silver Corp. The press release is quoted as saying: Dundee Corporation is an asset management company dedicated to private wealth management, real estate and resources that, combined, reflect approximately $70 billion under management and administration. [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver and gold prices rose slightly in early trading Monday, but those gains were quickly erased as a rebounding dollar forced gold down below the psychological support level of $1,100 an ounce to close at $1,092.30 in New York, and silver dropped below the crucial $17.00 level to [...]
Paragon Minerals Corporation (TSX VENTURE:PGR) reported that it has completed the flow-through portion of a non-brokered private placement, and has issued 5,333,330 flow-through Units (“FT Unit”) at a purchase price of $0.15 per FT Unit for gross proceeds of $800,000. The press release is quoted as saying: Paragon Minerals Corporation is a Canadian-based mineral exploration [...]
Aurion Resources Ltd. (TSX VENTURE:AU) provided the following update on its corporate activities. The press release is quoted as saying: Aurion finalizes two option agreements to acquire a 100% interest in one of two projects in Mexico and one in British Columbia. Field exploration programs have been initiated on both. Click here to access the [...]
Eloro Resources Ltd. (TSX VENTURE:ELO) reported that it is increasing the amount and working towards the completion of a non-brokered private placement (the “Private Placement”) of up to 5,833,333 Flow-Through Units of Eloro at a price of $0.12 per unit (“F-T Units”) for total proceeds of up to $700,000. The press release is quoted as [...]
Silver Quest Resources Ltd. (TSX VENTURE:SQI) reported the granting of incentive stock options to certain directors, officers and employees to purchase up to 900,000 common shares under the Company’s Incentive Stock Option Plan. The press release is quoted as saying: The options will be granted for a period of five (5) years, commencing on December [...]
Savant Explorations Ltd. (TSX VENTURE:SVT) reported that the company has completed its orientation drill program on its Vinata Property. The press release is quoted as saying: Savant’s initial drill program consisting of three diamond drill holes totalling 1,862.5m was designed to test for Cretaceous aged carbonate hosted silver rich lead-zinc mineralization beneath and along strike [...]
Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) has accepted a non-brokered private placement for proceeds of $4,000,000 from a US$1.6 billion UK investment management group specializing in Africa. The press release is quoted as saying: The Ghanzi Project is located in the center of the Kalahari copper belt in northwestern Botswana. The Ghanzi property covers 2,200 sq. [...]
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