San Marco to Raise $320,000 in Private Placement
San Marco Resources Inc. announces that it has arranged a non-brokered private placement of 2,133,334 units at $0.15 per unit for gross proceeds of $320,000.
San Marco Resources Inc. announces that it has arranged a non-brokered private placement of 2,133,334 units at $0.15 per unit for gross proceeds of $320,000.
Gold Resource Corporation today announced record 2011 production, fourth quarter results and provides its 2012 production outlook which continues to target an aggressive low-cost growth profile. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.
Formation Metals Inc. announced today that the Company’s shares have commenced trading on the OTCQX(r), the United States Over-the-Counter market’s highest tier, under the symbol FMETF.
Aurion Resources Ltd. (“Aurion” or “Company”) (TSX VENTURE:”AU”) is pleased to report that it has increased the size of its previously announced non-brokered private placement, to 8,571,428 million units at a price of CDN$0.35 per unit to raise aggregate gross proceeds of CDN$3,000,000. Each unit will consist of one common share of Aurion and one full share purchase warrant of Aurion. Each whole share purchase warrant will entitle the holder thereof to acquire one additional common share of Aurion at an exercise price of CDN$0.45 cents per share for three years. Aurion can elect to accelerate the exercise of the warrants if Aurion’s volume-weighted average share price is at or above CDN$0.70 per share, based on the preceding 20 day closing share price. Finder fees may be paid pursuant to this financing.
Arian Silver Corporation (“Arian” or the “Company”) (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management’s Discussion and Analysis (“MD&A”) and audited Financial Statements (“Financials”) for the year ended 31 December 2011.
VANCOUVER, BRITISH COLUMBIA, Feb 28, 2012 (MARKETWIRE via COMTEX) — War Eagle Mining Company Inc. (“War Eagle” or the “Company”) proposes to raise gross proceeds of $194,250 by way of a non-brokered private placement offering of the Company’s common shares. Mr. Danny Wettreich will be the sole subscriber of the private placement.
Oremex Gold Inc. is pleased to announce that it received final approval from the TSX Venture Exchange regarding the Cerro del Oro Gold Project acquisition announced February 23, 2012.
Chesapeake Gold Corp. is pleased to announce that it has raised $35,241,240 from the exercise of 4,405,155 warrants at $8.00 per share prior to the expiry date on February 23, 2012. The warrants were issued on February 23, 2007 in connection with Chesapeake’s business combination with American Gold Capital Corporation.
Toronto, Ontario — Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX-V: BCU) announces the resignation of Mr. Stan Bharti from the Board of Directors. Bell Copper remains a member of the Forbes & Manhattan Group of Companies and continues to receive all of the benefits of such membership, including access to a world-class team of geologists, advice from Mr. Bharti and other Forbes & Manhattan capital market professionals and strategic advice from the Forbes & Manhattan Board of Advisors.
Kootenay Silver´s flagship property is the former-producing Promontorio silver mine in Sonora State, Mexico. The company is also actively developing other mineral projects in Mexico and British Columbia, Canada.
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