FINANCING (December 06, 1993)
Kingsvale Res. — 937,500 shs @ 75 cents. Penn-Gold Res. — 600,000 shs @ 46 cents. Wheaton River Minerals — 3,575,000 units issuable upon exercise of special wts, each unit consisting of one common …
Kingsvale Res. — 937,500 shs @ 75 cents. Penn-Gold Res. — 600,000 shs @ 46 cents. Wheaton River Minerals — 3,575,000 units issuable upon exercise of special wts, each unit consisting of one common …
The end of the Cold War has ushered in a warmer, more hospitable investment climate for mining in Eastern Europe. Among the companies attracted to this new climate is Cambridge Mineral Consultants. Re…
Percussion drilling is expected to begin shortly on Bishop Resources International Exploration’s (CDN) Guadalupe gold property in northwestern Mexico. The program will focus on the Bentley Hill zone w…
Following trenching, sampling and assaying at its Cumaral gold project in northwestern Mexico, Aronos Multinational (CDN) says it has outlined sufficient tonnage and grade to warrant production. Amena…
Kaleeda Enterprises (ASE) has entered a 50-50 joint venture with mining consultants R.F. Fry & Associates (Pacific) to develop and operate three properties in northern Chile. Two of the projects are c…
With the Christmas doldrums fast approaching, western markets finished little-changed over the period ended Nov. 30. Although weak oil prices helped push gold down to the US$370-per-oz. level, the yel…
Antares Mining and Exploration (TSE) has gained access to the Long John Eight orebody at the Lady Lina gold property in Zimbabwe. Underground development is planned to evaluate and upgrade, to reserve…
Underwriters Sprott Securities and Levesque Beaubien Geoffrion will issue two million special warrants of Richmont Mines (TSE) to Canadian investors in December. Each warrant, priced at $4, will entit…
Joutel Resources (TSE) has sold nine million units at 45 cents through a group of underwriters led by Gordon Capital. The sale closed Nov. 25. Each unit consists of one subordinate voting share and on…
Exploration is under way on four concessions held by Bolivar Goldfields (VSE) in southeastern Venezuela. The junior holds one of the largest land positions in the country’s Guyana Shield, encompassing…
Vancouver-listed partners Emerald Isle Resources (VSE) and Stralak Resources (VSE) have begun exploring a garnet property northeast of Sudbury, Ont. Previous work on the Street Twp. joint venture outl…
A rights offering has netted Canuc Resources (CDN) about $510,000, enabling the company, once again, to explore for minerals. It is now evaluating two gold properties in Mexico and Spain. In other new…
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