PEOPLE — MARIETTA RESOURCES (July 19, 1993)
John Husdon appointed president and director; Douglas Husdon and David Clark appointed directors.
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PEOPLE — RICH COAST RESOURCES
Thornton Donaldson appointed president.
PEOPLE — CLAIMSTAKER RESOURCES
Alan Savage appointed vice-president.
PEOPLE — MK GOLD COMPANY
Steven Chi appointed president.
PEOPLE — GETCHELL RESOURCES (July 19, 1993)
Robert Jones appointed director.
NEWS IN BRIEF (July 19, 1993)
Greenstar Resources (GNS:VSE) has changed its name to Greenstar Telecommunication. There is no consolidation of capital. The transfer agent is Montreal Trust.
GOLD FUNDS (July 19, 1993)
BGR Central Net Value $14.09 $6.42 Price $13.50 $7.125 Discount 4.2% 11.0% Value $70,934,000 $128,957,513…
Cobalt clean-up
The Ontario government is providing funds to help complete rehabilitation work on silver mine workings in Cobalt, Ont., where cave-ins have created hazards. The funds, provided by the Ministry of Nort…
Azco financing
Vancouver-listed Azco Mining has completed a private placement of 3.2 million special warrants at $2.25 each. Each warrant can be exchanged for a common share at no additional cost. Proceeds will be u…
PEOPLE — BRITISH LION MINES (July 19, 1993)
Rene Carrier and Brian Doutaz appointed directors.
Saskatchewan gold mine — Cameco to test Contact Lake
Following the recent rise in the gold price and a revised feasibility study, Cameco (TSE) proposes to develop an underground test mine at the Contact Lake gold deposit in Saskatchewan. The deposit, 45…
Agnico raises US$44 million
Gold miner Agnico-Eagle Mines (TSE) expects to raise US$43.9 million through a public offering of 4.25 million common shares at US$11 per share. The offering is being made in the U.S., Canada and Euro…