American Consolidated Minerals Corp. announces that it has arranged a non-brokered private placement of up to 10,000,000 units at a price of $0.15 per Unit, for gross proceeds of up to $1,500,000.
Vista Gold Corp. today provided an update of its Strategic Review and steps to improve corporate liquidity.
Southern Silver Exploration Corp. has closed the first tranche of its previously reported non-brokered private placement by issuing 6,830,150 units at a price of $0.02 per unit for gross proceeds of $136,603. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share. Securities issued pursuant to this tranche of the private placement, including common shares, share purchase warrants and finder’s warrants issued as finder’s fees, carry a legend restricting trading of the securities until January 14, 2014.
Gold Reserve Inc. is pleased to announce the closing of the second and finaltranche of its previously announced non-brokered private placement. In this tranche, the Company has issued an additional 250,000 units of securities of the Company at a price of US $3.00 per Unit for gross proceeds in the amount of US $750,000 to arms length subscribers. Each Unit comprises one Class A common share of the Company and one-half of one Common Share purchase warrant, with each Warrant exercisable by the holder until September 20, 2015 to acquire one Common Share at a price of US $4.00 per share. In total in the Private Placement, the Company has issued 1,750,000 Units for aggregate gross proceeds of US $5,250,000 to the Company. The proceeds are to be used by the Company for general working capital purposes.
McEwen Mining Inc. is pleased to announce that the Company has been included in the NYSE Arca Gold Miners Index, the preeminent index covering the gold mining industry, which is tracked by the Market Vectors Gold Miners Index ETF. The effective date of the inclusion is September 23, 2013. The Gold Miners Index is comprised of publicly traded companies focused on gold and silver mining around the world
El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 800,000 units of the Company at a price of 0.25 per Unit for aggregate cash proceeds of 200,000. Each Unit will be comprised of one common share and one-half of a common share purchase warrant. Each whole Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of 0.38, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than 0.50, then at the Company’s discretion, it may, within10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Mundoro Capital Inc. is pleased to provide the results from its annual general and special meeting of shareholders held on September 17, 2013 in Vancouver, BC.
Bandera Gold Ltd. announced today a proposed non-brokered private placement of up to of 5,000,000 units of Bandera at a price of $0.05 per unit, for proceeds of up to $250,000. Each unit will consist of one common share and a half warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.05 per share for a period of two years from closing of the private placement.
First Mexican Gold Corp., further to the Company’s news release of September 4, 2013, the Company is pleased to announce it has received TSX Venture Exchange approval for and closed its shares for debt of 1,100,000 shares to satisfy debt in the amount of $55,000.
Big North Graphite Corp. announces that it has cancelled its previously announced expedited private placement of 2,666,667 units for gross proceeds of $200,000. The proceeds received by the Company in connection with the Offering have been returned to the subscriber.
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