The Directors of Northern Gold Mining declared 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
Duncastle Gold Corp. declared that the company has closed a first tranche of the two previously declared non-brokered private placements for gross proceeds of C$433,000. For full story, click here
CGA Mining Ltd. declared that it has concluded the private placement of 14,815,000 ordinary shares and the CAD$20 million proceeds are to be utilized to supplement working capital in the initial months of output at the Masbate Gold Mine. For full story, click here
Staccato Gold Resources Ltd. declared that the TSX Venture Exchange has approved the Company’s application to extend the term of 44,467,059 common share purchase warrants that were issued by Staccato as part of a private placement announced on June 19, 2007 and July 4, 2007. For full story, click here
Guyana Goldfields Inc. declared that it has closed the second tranche of its previously announced non-brokered private placement pursuant to which it has issued an aggregate of 1,727,273 units at a price of $2.75 per Unit to raise aggregate gross proceeds of approximately $4,750,000. For full story, click here
Millrock Resources Inc. declared that the private placement announced May 29, 2009 has closed. Millrock has issued 2,187,500 units at CDN$0.16 per Unit to Kinross Gold Corporation. For full story, click here
Plato Gold Corp., an exploration company with a portfolio of properties in significant gold mining camps in Northern Ontario, Northern Quebec, and Santa Cruz, Argentina declared the completion, on June 1, 2009, of the closing of its non-brokered private placement offering previously announced on May 7, 2009. Pursuant to the Offering, the Company issued 3,333,333 [...]
Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. declared that Merrex has closed the final tranche of the private placement announced April 27, 2009. For full story, click here
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
Calling it a strategic investment, Osisko Mining has agreed to buy $3.0 million of a proposed $4.2 million non-brokered private placement offered by Bowmore Exploration. The completed transaction will give Osisko a 39.8% stake in Bowmore. For full story, click here
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