Avanti Mining Inc. (CVE:AVT) reports there was a typographical error in the press release dated August 31, 2010 in which the historical resource at the Bell Moly deposit of 96.4 million tonnes was stated to have a grade of 0.54% instead of 0.054%. The corrected press release is as follows: Avanti reported a net loss [...]
Romios Gold Resources Inc. (CVE:RG) announced that it placed 2,000,000 units on a flow-through basis priced at $0.15 per FT Unit for gross proceeds of $300,000. Each FT Unit consists of one (1) flow-through common share and one-half of a share purchase warrant.
Avanti Mining Inc. (CVE:AVT) reports results for the six months ended June 30, 2010. In addition the Company deferred $3.9 million (2009 – $2.5 million) relating to the development costs of the Kitsault property. The Company had a cash balance of $13.4 million on hand as at June 30, 2010. For complete news release, click here. [...]
International PBX Ventures Ltd. (CVE:PBX) announced that it has closed its private placement financing previously announced on August 10, 2010.
Augusta Resource Corporation (TSE:AZC, NYSE Amex:AZC) has closed the approximately $30 million private placement with HudBay Minerals Inc. (TSE: HBM) announced on August 23, 2010.
Virgin Metals Inc. (CVE:VGM) announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one (1) for five (5) basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.
Augusta Resource Corporation (TSE:AZC, NYSE Amex:AZC) announced that HudBay Minerals Inc. (TSE: HBM) has agreed to subscribe for 10,905,590 units on a private placement basis at a price of $2.75 per unit, for proceeds of approximately $30 million.
Imperial Metals Corporation (TSE:III) reported that the Huckleberry mine resumed operations as of 6:00am August 23. Road access to the mine site remains limited, with one convoy of vehicles permitted in and out per day.
Avanti Mining (CVE:AVT) reports that the British Columbia Supreme Court has granted judgment in favour of Avanti . On September 16, 2008 the Company announced that it had been denied access to the uninhabited town of Kitsault by its owner, Kitsault Resorts Ltd. (“KRL”). Craig J. Nelsen, Avanti’s President and CEO says: “We are pleased with the [...]
Adex Mining Inc. (CVE:ADE) announced that it has signed a subscription agreement with Great Harvest Canadian Investment Company Limited to fund the development of Adex’s wholly-owned Mount Pleasant Mine Property, located in southwestern New Brunswick, Canada
Tuesday, August 31, 2010