Rayrock proposes merger with Glamis
A proposed merger with Glamis Gold (GLG-T) has enabled Rayrock Resources (RAY-T) to fend off a potential liquidation.Rayrock was prepared to meet its destiny on Nov. 20, when shareholders were expecte…
A proposed merger with Glamis Gold (GLG-T) has enabled Rayrock Resources (RAY-T) to fend off a potential liquidation.Rayrock was prepared to meet its destiny on Nov. 20, when shareholders were expecte…
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Despite a shortfall in production, Glamis Gold (GLG-T) earned US$205,000 in the third quarter, compared with a loss of US$909,000 in the corresponding period of 1997.Gold production between the two pe…
Reno, Nev.-based Glamis Gold (GLG-T) has acquired Mar-West Resources.Glamis issued 7.5 million shares and paid $6.7 million cash to complete the deal. For every two shares held, stockholders of Mar-We…
Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…
The Vancouver Stock Exchange composite index lost 7.92 points, or 2%, to close at 384.69 over the holiday-shortened report period ended Oct. 13. The mining index edged down a notch, losing half a poin…
Western markets had little to cheer about over the Sept. 16-22 report period as junior resource stocks continued to hold little interest for investors. The Vancouver Stock Exchange composite index sli…
In our Aug. 24 report on the merger of Glamis Gold (GLG-T) and Mar-West Resources (MSR-V), we incorrectly stated that the latter’s president, Simon Ridgway, and vice-president of exploration, Robert W…
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The Vancouver Stock Exchange composite index plunged through the 400 level during the report period Aug. 26-Sept. 1 to close at 388.86, down 41.55 points, or 9.7%. The mining index followed suite, she…
A proposed merger agreement would see Glamis Gold (GLG-T) acquire all the issued and outstanding shares of Mar-West Resources (MSR-V).Under the proposed arrangement, each Mar-West shareholder would be…
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