News



Cease-trading order extended for Curragh

A cease-trading order against Curragh (TSE) has been extended indefinitely. The order, dated Dec. 22, 1993, was extended after Curragh failed to appear before an Ontario Securities Commission hearing …



Alberta exchange activity at record levels in 1993

The Alberta Stock Exchange (ASE) set records in 1993 in trading volume, trading value and total financing. Total trading volume exceeded 2.2 billion shares, up 157% from 1992. Total trading value incr…




Correction (January 24, 1994)

The sub-head for our unlisted trading (CDN) section, as printed on page 14 of our Jan. 10 issue, was incorrect. The table was for the year ended Dec. 31, 1993, while the weekly table was featured on p…


GOLD FUNDS (January 24, 1994)

Gold Funds as of Jan. 19 BGR Central Net Value $16.44 $6.48 Price $16.50 $7.250 Premium 0.39% 11.9% Value $92,064,000 $117,426,017…


Geomaque project

Noranda Exploration (TSE) is completing a 2-hole, 2,000-metre drill program on the Bourlamaque Twp. gold-copper-zinc property of Geomaque Explorations (CDN). The drilling will test a sequence of felsi…


Northern Crown hits Zapote gold

An 85-ft. intersection grading 0.10 oz. gold per ton is reported from the Guadalupe property in western Mexico. It is the first hole reported in a 13-hole reverse circulation program on the property, …


Western Quebec buys Central Crude

Small Quebec gold producer Western Quebec Mines (TSE) will pay $9 million to acquire control of Central Crude (TSE) and the Eagle Lake gold deposit in northeastern Ontario. The seller is Hemlo Gold Mi…


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