News

Jonpol plans drilling on new claim block

Jonpol Explorations (TSE) and affiliate T&H Resources (TSE) have signed an option to acquire 25 mining claims adjacent to their gold property in Garrison Twp, Ont. The new claims, which lie to the wes…


GOLD FUNDS (December 24, 1990)

MVP BGR Central Capital Net value $9.38 $5.39 $0.26 Price $8.25 $4.850 $0.13 Discount 12.05% 10.0% 50.0% Value $55,826,331 $81,597,855 N/A…


FINANCING (December 24, 1990)

Vaalco Energy Inc. — 38,333,333 shs offered @ 60 cents per sh. Golden Eagle Resources Ltd. — 1,500,000 shs offered @ 10 cents per sh.




NEWS IN BRIEF Ruskin Developments Ltd.

Ruskin Developments Ltd. (RKL:VSE) has changed its name to Consolidated Ruskin Developments Ltd. (KRK:VSE) with a consolidation of capital on a 1-new- for-4-old-share basis. The transfer agent is Mont…


PEOPLE BUNKER HILL MINING

Jack Kendrick appointed chairman of the board; Alan Richardson appointed president and director; Robert Magnuson resigned as a director.



NEWS IN BRIEF Stag Explorations Ltd.

Stag Explorations Ltd. (SGP:VSE) has changed its name to Stag Holdings Ltd. (SGP:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.


NEWS IN BRIEF Battle Mountain Gold Co.

Battle Mountain Gold Co. (BMG:NYSE:TSE) has declared a quarterly dividend on its common stock of 2.5 cents per share, payable Feb. 19, 1991, to shareholders of record on Feb. 4, 1991.


Parklane walks away from Beardmore bet

Following discouraging results from an autumn exploration program, Consolidated Parklane Resources (VSE) has decided to discontinue work on its Crooked Green property near Beardmore, Ont. From August …



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