Luiri Gold Limited shareholders voted overwhelmingly in favor of a change of control and Luiri Gold has closed the second placement for CDN $ 1,137,167.90 from Lachlan Star Ltd to bring their holdings to 31%. Luiri Gold has commenced a major plus 10,000m drilling programme both to expand the resource base and upgrade the current [...]
Northern gold Mining Inc. continues to surged money to fund its exploration projects, a number of which are in the Kirkland Lake Gold Camp. On the heels of announcing the closing of a non-brokered private placement of $221,633 comprising of 4,432,659 units at $0.05 per unit the company announced another non-brokered private placement. For full [...]
New Zealand’s leading listed gold miner has had little trouble finding capital for new local exploration and drilling, with OceanaGold raising more than $30 million through a non-underwritten placement. For full story, click here
Tyhee Development Corp. has amended the terms of its private placement with a syndicate of agents, led by Loewen, Ondaatje, McCutcheon Limited and including Fraser Mackenzie Limited, to surge on a best efforts private placement basis up to $2.655 million through the issue of up to $600,000 of flow- through common shares at a price [...]
The Directors of Northern Gold Mining 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
Luiri Gold Limited declared that is has completed the first phase of the investment by Lachlan Star for 12,416,101 shares at CDN $0.12 for gross proceeds of CDN $1,489,932.10. Lachlan Star elected to convert the Australian $300,000.00 loan as part of this first placement. For full story, click here
Viking Gold Exploration Inc. declared that it has completed a non-brokered private placement of 4,091,500 units for gross proceeds of $325,000. The Company sold 3,937,500 flow-through units at a price of $0.08 per unit and 154,000 non-flow-through units at a price of $0.065 per unit. For full story, click here
Bowmore Exploration Ltd. declared the completion of its non-brokered private placement announced on May 19, 2009. Bowmore declared that it has sold a total of 21,000,000 Units at a price of $0.20 per Unit for gross proceeds of $4.2 Million. For full story, click here
Apollo Gold Corporation declared private placement financings pursuant to which Apollo proposes to sell 13,888,889 flow-through common shares for purposes of the Income Tax Act at CDN$0.54 per Flow Through Share and 5,555,556 common shares at a price of CDN$0.45 per Common Share on a bought deal basis, to raise gross proceeds of CDN$10,000,000. For [...]
Oro Gold Resources Ltd. declared that it has raised the size of its private placement previously announced on June 16, 2009 to 12,900,000 units of the Company for aggregate gross proceeds of $9,030,000. For full story, click here
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