First Mexican Gold Corp. / has arranged a non-brokered private placement to raise proceeds of up to $480,000 through the sale of 2,000,000 units at 24 cents per unit. Each unit is composed of one common share and one-half of one transferable share purchase warrant, each whole warrant being exercisable at a price of 30 cents per share for a period of two years. The financing is subject to regulatory approval.
Gold Resource Corp. (NYSE:GORO) announced late Tuesday at its general meeting of shareholders in Denver, Colorado, that the second quarter is expected to set new production, revenue and earnings records as the company’s El Aguila Project progresses.
TORONTO, June 22, 2011 /PRNewswire/ – YAMANA GOLD INC. (TSX:YRI) (NYSE: AUY) (LSE:YAU) (“Yamana” or “the Company”) today announced mid-year highlights from its 2011 exploration program at existing operations, development projects and a new discovery, Arco Sul in Brazil.
Vancouver, British Columbia: June 22, 2011 Mercator Minerals Ltd. (Mercator or the Company) is pleased to announce that it has completed the previously announced arrangement with Creston Moly Corp. (Creston), pursuant to which Mercator has acquired all of the issued and outstanding shares of Creston, which is now a wholly owned subsidiary of Mercator.
Newstrike Capital Inc (CVE:NES, NES message board) (PINK:NWSKF) share price shot up on a technical breakout today after a heavier than normal trading activity from Tuesday drew interest to the stock.
Soho Resources Corp. announces that it has arranged a non-brokered private placement of up to 15,000,000 units of the Company. Each unit is priced at $0.10 per unit, resulting in gross proceeds of up to $1,500,000. Each unit is comprised of one common share of the Company and one half of a two year transferable share purchase warrant. Each one whole share purchase warrant entitles the holder thereof to purchase one additional common share of the Company at $0.13 within one year of its date of issuance and then $0.175 within the second year after its date of issuance. The Company also reserves an overallotment option of up to 3,750,000 units, being 25% of the offering.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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