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Kootenay Zinc has announced a consolidation of its issued and outstanding share capital on the basis of 1 post-consolidation share for each 10 pre-consolidation common shares. As a result, the outstanding shares of the company will be reduced to approximately 4,864,329. The shares will begin trading on a consolidated basis and with a new CUSIP [...]
The common shares of Sitka Gold Corp. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com. Sitka Gold Corp. is a junior mining resource exploration company managed by a team of experienced mining industry professionals and is focused on exploring for economically viable mineral resources [...]
Orla Mining Ltd. announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. , pursuant to which the Underwriters will purchase, on a bought deal basis, 14,560,000 units of the Company at a price of C$1.75 per Unit for aggregate gross proceeds to the Company of C$25,480,000 . Each Unit will [...]
TomaGold Corp. is pleased to announce the creation of a new subsidiary, TomaSouth Corporation , specialized in gold brokerage. More specifically, TomaSouth's activities will consist of buying gold from artisanal producers and transporting it to refineries. Start of TomaSouth's activities TomaSouth closed its first transaction, for 340 ounces of [...]
GT Gold Corp. is pleased to announce that Dr. Charles Tarnocai has joined the Company's board of directors. Dr. Tarnocai has 22 years of experience in international mining and mineral exploration and was most recently Vice President, Corporate Development for Alamos Gold Inc. During his 7 years with Alamos Gold, he was responsible for the [...]
UEX Corp. is pleased to announce the 2018 drilling program on the Christie Lake Project is set to commence. Winter Program Underway The winter 2018 exploration program is underway, with the goal of expanding the uranium resources on the Yalowega Uranium Trend . The $1.5 million program consists of approximately 4,500 m of drilling in 9 holes. The [...]
Teck Resources Ltd. today announced that first oil has been achieved at the Fort Hills Project. Suncor, as operator of the Fort Hills Energy Limited Partnership, has confirmed that the Fort Hills project is ramping up production following the safe startup of secondary extraction on January 27, 2018. As expected, the first of three trains from [...]
Orca Gold Inc. is pleased to announce a new Mineral Resource Estimate for the Company's Block 14 Gold Project in the Republic of the Sudan. Highlights* The updated Mineral Resource Estimate of the Galat Sufar South and Wadi Doum deposits comprises an Indicated resource of 72.7 Mt grading 1.30g/t Au for 3.05 Moz of gold and an Inferred resource of [...]
Suncor today announced that the Fort Hills project is continuing its steady ramp up of production following the safe startup of secondary extraction on Jan. 27, 2018. Fort Hills, which is located approximately 90 kilometres north of Fort McMurray, has a capacity of approximately 194,000 barrels per day , approximately 103,000 bbls/d net to Suncor [...]
Torex Gold Resources Inc. reports that an illegal blockade by an external union has been removed at its ELG Mine Complex in southwest Mexico. Hector Astudillo, the Governor of Guerrero State acted decisively on January 26th, 2018, to lift the illegal blockade by the Los Mineros Union and peacefully re-establish the rule of law. The blockade led to [...]
SolidusGold is pleased to announce that it intends to raise up to $375,000 through a non-brokered private placement of up to 3,571,429 units at a price of $0.105 per unit. Each unit will consist of one common share and one common share purchase warrant. The warrants will be exercisable for 24 months at an exercise price of $0.14 per warrant share [...]
Petroteq Energy Inc. , announces that, further to its news releases of November 8, 2017, November 23, 2017 and December 7, 2017, disclosing the receipt of subscriptions for 1,624,830 shares at US$0.27, the Company has received final approval from the TSX Venture Exchange for the issuance of 754,461 of such shares for gross proceeds of $203,704.47 [...]