Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
Apollo Gold declared that it has surged $11.6 million U.S. through the private sale of shares. 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 [...]
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 [...]
Indian spot gold prices slipped on Tuesday on lack of demand. For full story, click here
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
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