Articles Tagged "gabriel resources"

Gabriel Resources closes private placement

Gabriel Resources Ltd. (TSX:GBU)today reported the closing of its previously announced private placement with BSG Capital Markets PCC Limited, which is part of the Beny Steinmetz Group. The press release is quoted as saying: The Company plans to use the net proceeds of the Private Placement towards developing the Company’s 80.23% owned Rosia Montana gold [...]

Genuity Sees Rising M&A Activity

The Financial Post reports a list of gold companies that Genuity Capital says could be takeover targets with the rising price of gold and the disconnect between the valuation of junior and senior gold companies. Included in the list are Allied Nevada Gold Corp. (AMEX:ANV), Mineral Deposits Ltd. (ASX:MDL), Kirkland Lake Gold Inc. (TSE:KGI), Andean [...]