Shareholders of Belmoral Mines (TSE) have approved a transaction which will take them out of debt and into oil and gas interests. Geopetrol Resources, a private Alberta company, has an option to buy t…
A private placement of 4.2 million units at 12 cents each has been completed by Hedman Resources (ASE). Each unit consists of one common share and one warrant. The warrants can be exchanged for shares…
In re-evaluating its Bissett mine, 160 miles northeast of Winnipeg, Man., Rea Gold (TSE) projects reserve potential to be more than one million oz. of contained gold. Minable reserves, as previously e…
Thornton Donaldson appointed president.
Alan Savage appointed vice-president.
Steven Chi appointed president.
Nickel giant Inco (TSE) can earn a 50% interest in four of Wilanour Resources’ (TSE) properties near Red Lake, Ont. Three of the properties — Wolf Bay, Slate Bay and Trout Bay — are base metal plays…
Robert Jones appointed director.
New York-listed Phelps Dodge can earn a 51% interest in a suite of mining claims from Kookaburra Resources (VSE). The claims are next to Kookaburra’s Longshot Ridge copper oxide project, near Hawthorn…
Responding to an inquiry into the Vancouver Stock Exchange by the British Columbia government, the B.C. Securities Commission has proposed amendments to the Securities Act. The amendments include the …
Alberta-listed Tusk Resources has optioned its nickel-platinum prospect, in the Ungava region of northern Quebec, to Thunderwood Resources (TSE) and First Canadian Gold (CDN). Tusk will receive a cash…
Greenstar Resources (GNS:VSE) has changed its name to Greenstar Telecommunication. There is no consolidation of capital. The transfer agent is Montreal Trust.
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