FINANCING (August 19, 1991)
Canarc Resource Corp. – 900,000 units (600,000 of which are guaranteed.) consisting of 1 sh and 1 wt offered @ $1.40 per unit. Butter Rock Resources Inc. – 600,000 shs offered @ 40 cents per sh. Galic…
Canarc Resource Corp. – 900,000 units (600,000 of which are guaranteed.) consisting of 1 sh and 1 wt offered @ $1.40 per unit. Butter Rock Resources Inc. – 600,000 shs offered @ 40 cents per sh. Galic…
BGR Central Net Value $8.99 $5.02 Price $8.25 $4.700 Discount 8.19% 6.4% Value $53,503,370 $79,074,210…
Having successfully acquired the Pamour group of companies, Royal Oak Mines (TSE) is expanding its position in the Timmins, Ont., gold camp where it is already an established producer. Royal Oak says …
Agreement to boost its interest in the Falconbridge Dominicana (Falcondo) nickel operation from 1.7% to 2.2% has been reached, Redstone Resources (TSE) reported. Falcondo produces 68 million lb. nicke…
The vice-president of exploration for Radisson Mining Resources (ME) is Guy Parent and not Jacques Noel (who acts as corporate secretary) as reported (T.N.M., Aug. 5, 1991).
Deak International Holdings has completed a private placement designed to reduce the amount owed to it by affiliate Deak Resources (TSE). But plans to install a base metal circuit at Deak’s Kerr mill …
Recent drilling on the Fort Knox property near Fairbanks, Alaska, has returned a 530-ft. intersection grading 0.42 oz. gold per ton in hole 91-319. Fairbanks Gold (TSE) owns a 51% interest in the prop…
No further work is being planned by Pulse Resources (VSE) for the Barb project, 100 miles north of Watson Lake, Yukon. The company recently completed its 1991 exploration program which was designed to…
Record gold production was reported for the 1991 second quarter and first half at the Crowfoot/ Lewis mine in Nevada owned by Hycroft Resources (TSE). Gold production for the second quarter ended June…
Cleveland-based M.A. Hanna Co. is negotiating with Mitsubishi Corp. to sell to the Japanese company a 20% interest in Iron Ore Co. of Canada of Montreal. Hanna has an approximate 28% stake in Iron Ore…
Earnings for former copper producer Brenda Mines (TSE) reached $1.5 million during the second quarter ended June 30. With over $100 million in cash and no significant operations, the company’s revenue…
Aug 13 Aug 12 Aug 9 Aug 8 Aug 7 HIGH LOW Composite”300″ 3524.23 3495.38 3502.77 3514.65 3528.63 4009.47 3009.91 Metals & Minerals3107.47 3091.71 3114.58 3146.71 3157.93 3453.06 2502.63 Integrated Mine…
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