Vengold offering may net $46 million
A syndicate of underwriters, led by Midland Walwyn Capital, have entered into a financing agreement with Vengold (VEN-T) to purchase up to $46 million worth of its shares.The underwriters have agreed …
News
Hebron picks up gold properties
Just months after Mazarin Mining (MAZ-T) announced that it would shift its focus back to industrial minerals, the company has found a buyer for its gold properties in Hebron Fjord Resources (HEF-M).In…
THI buys into Angolan project
Trans Hex International (THI-T) is acquiring a 37.5% interest in three diamond properties in northern Angola.The terms of the agreement call for Trans Hex to acquire 75% of the half-interest currently…
Index (April 13, 1998)
CareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialInsider TradingMetal PricesOdds’n’SodSPeopleProfessional DirectoryStock MarketSubscription Services…
Partners set to bring drills back to South Voisey’s Bay
Northern Abitibi (NAI-V), Donner Minerals (DML-V) and Teck (TEK-T) are gearing up for the 1998 drilling program on the South Voisey’s Bay property in Labrador.The proposed exploration program consists…
Rayrock moves to swallow Minera
Rayrock Yellowknife Resources (RAY-T) is expected to succeed in a bid to take over Minera Rayrock (MRN-T), in which it currently owns a 37.5% interest (19.1 million shares).Rayrock, a Toronto-based go…
PEOPLE — SEARCHGOLD RES.
Michael Page and Alain Dufour elected directors.
PEOPLE — PETRA RES.
Theodore Muraro appointed director.
PEOPLE — OUROMINAS
William P. McLucas appointed chairman and director.
PEOPLE — ORO BELLE (April 13, 1998)
Charles Underhill and George Scott elected directors.
PEOPLE — JAVA GOLD
Andrew M. Chater and Gary E. German appointed directors.
Partners trench Likasi
Partners Melkior Resources (MKR-M) and Trillion Resources (TLQ-T) have begun to receive assay results from a trenching program on their Likasi property in the Democratic Republic of Congo.The partners…