Torch River Resources Ltd. (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF)reported results of recent exploration on 12 mineral claims comprising 1,611.5 hectares located in the Omineca Mining Division, Specularite Lake, B.C
Redhawk Resources, Inc. (TSX VENTURE:RDK)(FRANKFURT:QF7) reported a non-brokered private placement of 11,500,000 units at a price of $0.35 per unit to raise gross proceeds of $4,025,000.
Moly Mines Limited (TSX:MOL)(ASX:MOL) advised that Hanlong Mining Investment Pty Ltd has today become the Company’s controlling shareholder following the settlement of the US$200 million equity and debt funding pursuant to the Subscription Agreement dated 19 October 2009.
Lions Gate Metals Inc. (TSX VENTURE:LGM) reported that, despite the best efforts of LGM and AusNiCo, the conditions precedent to the merger between the two companies have not been satisfied and the parties have agreed to terminate their agreement.
BOLERO RESOURCES CORP. (TSX VENTURE:BRU) reported that the company has completed the private placement of 574,286 units at $0.35 per Unit to raise gross proceeds of $201,000.
Avanti Mining Inc. (TSX-V:AVT) reported that the company has signed a definitive agreement to purchase a 100% interest in two mineral claims located in Kitsault, British Columbia, Canada.
Avanti Mining reports that it has signed an agreement to purchase a 100% interest in two mineral claims located in Kitsault, British Columbia, Canada. Avanti is focused on the development of the past producing Kitsault molybdenum mine located north of Prince Rupert in British Columbia. Kitsault has Proven and Probable reserves of 215 million tonnes grading 0.085% Mo [...]
Panoro Minerals Ltd. (TSX VENTURE:PML)(BVLAC:PML)(FRANKFURT:PZM) reported that the company has completed a two year agreement with the indigenous community at the Antilla Copper/Molybdenum Project in Peru.