I was surprised to read your editorial criticizing flow-through share financing, and take exception to much of the editorial’s content and rhetoric “Time to bury the flow-through myth,” (N.M., Nov 27/…
The board of Inel Resources (VSE) has agreed in principle to an amalgamation with associated company, Gulf International Minerals (VSE). A management committee was formed to negotiate the terms of the…
After raising $925,000 from debt and equity financings, Ateba Mines (TSE) says it is in a position to reopen the mill and resume production at its Beardmore gold mine in northwestern Ontario. The equi…
A previously unheard of issue called Naxos Resources emerged with the largest gain for the week ended Nov 28, during which trading could otherwise be described as lacklustre. Trading on a healthy volu…
Heard of any good lawsuits lately? Chances are you have if you’ve been following any mining stocks. It seems as though there is a new legal action every day, frequently over joint ventures that have…
An option agreement has been signed between Strike Minerals (COATS) and a private Ontario company involving two gold properties in the Shining Tree area north of Sudbury, Ont. Strike has agreed to pur…
The Ontario government is backing away from legislation that would let designated workers shut down work places they consider unsafe (Bill 208). This is an outright insult to workers in Ontario. In 19…
An updated geological reserve estimate was released by junior partner Redfern Resources (VSE) for the Tulsequah Chief massive sulphide project in northwestern British Columbia. The new calculations in…
A fairness opinion for the proposed merger between Prime Resources (VSE) and Calpine Resources (VSE) has raised the ire of a group of Calpine minority shareholders. Speaking for the Calpine minority s…
Recent drilling by Brunswick Mining & Smelting (TSE) north of its No 12 lead-zinc mine at Bathurst, N.B., has revealed a new sulphide zone. A deep hole, A-248, from surface intersected a 13.4-m lens o…
Toronto-based Rockford Minerals (TSE) recently announced the terms of a rights offering designed to finance a takeover bid for Tyranex Gold (COATS) and to reduce Rockford’s indebtedness to Northfield …
Recently raising $3.5 million in two separate private placements was Nova-Cogesco Resources (TSE). One placement, which raised $1 million, was completed with Aur Resources (TSE) which purchased flow-t…
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