Creston Moly Corp. declared that it has issued 13,050,000 units at a price of $0.10 per Unit for gross proceeds of $1,305,000. Each Unit consists of one common share of Creston and one non-transferable share purchase warrant. For full story, click here
Investment holding company Sprott Molybdenum Participation Corp. declared that it gave C$1.76 and a new common share for each share held to stockholders as per a planned distribution of assets and revamped its board. For full story, click here
Vancouver-based Creston Moly Corp. and Vancouver’s Tenajon Resources Corp. has planned to merge in an all-share deal worth roughly $9.8 million. For full story, click here
Creston Moly (CVE:CMS) annouced today that the company has entered into a Letter Agreement to merge with Tenajon Resources (CVE:TJS). Creston Moly will acquire the shares of Tenajon by issuing 0.84 Creston shares for each Tenajon share.
Tuesday, July 28, 2009