Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility Study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
Pebble Creek Mining Ltd. declared that it has obtained the TSX Venture Exchange’s approval to extend the terms of a total of 3,150,000 common share purchase warrants issued by the Company in 2007 and which were originally due to expire on June 22 and July 13, 2009, respectively. For full story, click here
Vancouver-based Silvercorp Metals has planned to make an unsolicited all-share offer for TSX-listed Klondex Mines, valuing the exploration company at around C$70-million on a fully diluted basis. Silvercorp CEO Rui Feng stated: We view Fire Creek as an attractive complement to our growth pipeline given its size, existing resource and the additional resource potential we [...]
Pan American Silver Corp. declared its Q1 2009 results with consolidated net-income of $6.6 million or $0.08/share and cash flow from operations of $19.0 million or $0.23/share. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News Silver prices have behaved very strangely the last few days. Both silver and gold prices dropped yesterday as the dollar recovered late in the session on Tuesday, however silver fell much harder than gold to $12.55/oz before climbing to a close of $12.97/oz. Little has changed today with [...]
Arian Silver Corporation declared that it is proposing to re-price and vary the exercise periods of its outstanding share purchase warrants. For full story, click here
San Anton Resource Corporation reported that its principal shareholder, Kings Minerals NL, based in Australia and listed on the Australian Stock Exchange has announced a share purchase plan offer to its shareholders for maximum proceeds of AUD $8,516,588 anticipated to close on April 3, 2009. Kings Minerals reported that a portion of the proceeds are [...]
Dia Bras Exploration Inc. announced the approval of a private placement of a maximum of $1,850,000 in units of the Corporation at a price of $0.055 per Unit . Each Unit shall be comprised of one common share of the Corporation and one Common Share purchase warrant . For full story, click here
Shares of Hindustan Zinc were trading at Rs 347.95 on the Bombay Stock Exchange, up 0.27 per cent in the early afternoon session. For full story, click here
By Kishori Krishnan Exclusive to Silver Investing News Renewed investor interest in silver, which began in earnest in 2004 and continues today, has ensured that silver price, per ounce, in 2008, averaged a strong $14.98, a nearly 12 per cent increase over the 2007 average price of $13.38; the best average annual price since 1980. [...]
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