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 [...]
Continue reading "Luiri Gold Has Completed Placement for $2.6 mln"
Tuesday, August 11, 2009
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 [...]
Continue reading "Northern Gold Surged Funds for Exploration"
Wednesday, July 22, 2009
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
Continue reading "OceanGold successfully Mines New Capital"
Tuesday, July 14, 2009
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 [...]
Continue reading "Tyhee declared amendment on Yellowknife Gold Project"
Sunday, July 12, 2009
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
Sunday, July 12, 2009
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
Continue reading "Luiri Gold has completed First Placement for $1.5 mln"
Monday, July 6, 2009
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
Continue reading "Viking Gold has completed Non-Brokered Private Placement"
Thursday, July 2, 2009
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
Friday, June 26, 2009
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 [...]
Continue reading "Apollo Gold bought deal private placement financings"
Friday, June 19, 2009
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
Continue reading "Oro Gold Resources declared surge in private placement"
The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Get our exclusive independent commentary on gold trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Wednesday, August 19, 2009