Sutter Gold Mining Closed $4.25 mln Loan Financing
Sutter Gold Mining Inc. declared that it has closed a secured loan facility in the amount of US $4,250,000 with RMB Australia Holdings Limited, maturing August 31, 2010. For full story, click here
Articles Tagged "financing"
Northern Gold Mining declared $600,000 Non-Brokered Private Placement
The Directors of Northern Gold Mining have declared that a proposed non-brokered private placement financing of up to $600,000 comprising the sale of up to 12,000,000 Units, to be sold at $0.05 per Unit, subject to regulatory approval and closing. For full story, click here
Treasury Metals has completed Non-Brokered Financing
Treasury Metals Inc., a growth orientated gold focused exploration and development company, declared that it has completed a non-brokered private placement offering of 4,267,500 units at a price of $0.20 per unit for gross proceeds of $853,500. For full story, click here
High River Gold Mines has continued to seek financing
High River Gold Mines declared that it was still looking at ways to obtain additional financing needed to meet its financial obligations, but there was no assurance that it could do so. For full story, click here
Amex Exploration closed second tranche of a $500,000 financing
Amex Exploration Inc. announced that it has closed the second tranche of a $500,000 financing consisting of 1,000,000 units of Amex, at $0.25 per Unit, for total gross proceeds of $250,000. For full story, click here
Gold Price Swings After G20 Meet
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
First Gold announced partial closure of $270,000 financing
First Gold Exploration Inc. reported that it has partially closed a non-brokered private placement for $270,000. For full story, click here
Mining costs see a bright future
Mining costs, which constituted the industry’s biggest headache up until a year ago, are now a bright spot for a sector more concerned with volatile demand and tight financing markets. The shift in costs follows several years of rampant inflation in the mining sector, which had kept gold miners from realizing the benefits of soaring [...]
Time For Good Gold Pickings
By Kishori Krishnan Exclusive to Gold Investing News A slight drop in prices is a good time to shore up. Last Friday, gold futures surged above $1,000, the highest level since last March. This week though, gold slipped back. But worries about long-term inflation caused by the massive U.S. stimulus package may push it up [...]
Andean Announces CAD2 Million Financing
Andean American Mining Corp. announced a non-brokered private placement of up to 4.6 million units at a price of CAD 0.44 per unit. For full story, click here
