Lions Gate Metals Inc. (TSX VENTURE:LGM) and Ausnico Limited today announced that they have entered into a binding letter of intent dated December 17, 2009 containing the principal terms of the business combination transaction disclosed in the Company’s news release dated September 3, 2009.
Savant Explorations Ltd. (TSX VENTURE:SVT) declared that the company has completed its orientation drill program on its Vinata Property situated in North Central Mexico in the prolific Central Mineral Belt.
MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) today reported the mobilization and commencement of drilling on its 100% owned Godfrey Gold property located 20 km west of Timmins, Ontario and 9 km northwest of the Lakeshore Gold Timmins Mine.
Creston Moly Corp. (TSX VENTURE:CMS) today announced that 22,423,000 warrants have been exercised under the terms of the previously announced incentive program adding $3,363,450 to Creston’s treasury.
North American Gem Inc. (TSX VENTURE:NAG) reported that 759,775 common share purchase warrants outstanding in connection with a $1,007,000 non-brokered private placement financing that closed December 27, 2007 will have their expiry date extended as noted below. However, this is subject to , subject to TSX Venture Exchange approval.
Moly Mines Limited (TSX:MOL)(ASX:MOL) announced that shareholders have supported the proposed investment package of Hanlong Mining Investment Pty Ltd, with 97% of proxies received voting in favor of the financing package.
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3)announced that the comany has acquired through staking two high-grade silver, gold and copper prospects adjoining the southeast boundary of its existing 100% owned Porphyry Creek project 20 kilometres northwest of Smithers in northwest British Columbia.
Largo Resources Ltd. (TSX VENTURE:LGO) reports that the company has closed its previously announced flow-through private placement financing through the issuance of 5,555,555 flow-through shares at a price of $0.18 per flow-through share for total gross proceeds of approximately CAD$1,000,000.
MetalCORP Limited (TSX VENTURE:MTC) reported the results of the first mineral resource estimate for the company’s wholly owned Platyer Moly-Rhenium project near Marathon, Ontario prepared by AMEC Americas Ltd
MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) today announced drill core assay results from the fall phase 2 exploration program on the Company’s wholly owned 3500 acre Raney Gold Project, southwest of Timmins, northeastern Ontario.
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