News

Asset sales among corporate activities

By putting its oil and gas assets on the selling block at the beginning of the year, Placer Dome (TSE) signalled that it intended to stick to its core business of mining. New acquisitions, such as the…



Montreal Exchange Orex, Minnova dealing

Fresh from settling its legal dispute over the Goldboro gold project in Nova Scotia, Exploration Orex announced it is negotiating with Minnova for exploration and hopefully development of the east-coa…


Jonpol plans drilling on new claim block

Jonpol Explorations (TSE) and affiliate T&H Resources (TSE) have signed an option to acquire 25 mining claims adjacent to their gold property in Garrison Twp, Ont. The new claims, which lie to the wes…


GOLD FUNDS (December 24, 1990)

MVP BGR Central Capital Net value $9.38 $5.39 $0.26 Price $8.25 $4.850 $0.13 Discount 12.05% 10.0% 50.0% Value $55,826,331 $81,597,855 N/A…


FINANCING (December 24, 1990)

Vaalco Energy Inc. — 38,333,333 shs offered @ 60 cents per sh. Golden Eagle Resources Ltd. — 1,500,000 shs offered @ 10 cents per sh.




NEWS IN BRIEF Ruskin Developments Ltd.

Ruskin Developments Ltd. (RKL:VSE) has changed its name to Consolidated Ruskin Developments Ltd. (KRK:VSE) with a consolidation of capital on a 1-new- for-4-old-share basis. The transfer agent is Mont…


PEOPLE BUNKER HILL MINING

Jack Kendrick appointed chairman of the board; Alan Richardson appointed president and director; Robert Magnuson resigned as a director.



NEWS IN BRIEF Stag Explorations Ltd.

Stag Explorations Ltd. (SGP:VSE) has changed its name to Stag Holdings Ltd. (SGP:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.


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