Articles Tagged "Woulfe Mining Corp."

Woulfe Mining Corp. Announces Convertible Debt Offering of Up To $10 Million

Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) announced that it has engaged Dundee Securities Ltd. to sell, on a reasonable commercial-efforts basis, up to $10 million in principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture with an interest rate of 10% per year, payable semi-annually in arrears on the last day of June and December. The Company also announced the appointment of Ned Goodman to the board of directors.

Woulfe Mining Buys Out Royalty and Moves to 100% Ownership of Sangdong Project

Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) announced that it has negotiated the purchase of the 2% net smelter royalty retained on the Sangdong tungsten-molybedenum project in South Korea from the vendor, Se Woo Mining Co. Ltd., for CDN$3.5 million, of which $500,000 was paid on execution of the agreement and the balance of which is payable by December 19, 2011.